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Merit Medical Systems DB:MM3 Stock Report

Last Price

€90.50

Market Cap

€5.3b

7D

-1.1%

1Y

38.2%

Updated

16 Mar, 2025

Data

Company Financials +

Merit Medical Systems, Inc.

DB:MM3 Stock Report

Market Cap: €5.3b

MM3 Stock Overview

Designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States and internationally. More details

MM3 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 7.7% below our estimate of its fair value

Earnings are forecast to grow 13.25% per year

Earnings grew by 27.5% over the past year

Risk Analysis

Significant insider selling over the past 3 months


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Merit Medical Systems, Inc. Competitors

Paul Hartmann

DB:PHH2

€848.9m

Carl Zeiss Meditec

XTRA:AFX

€5.6b

Eckert & Ziegler

XTRA:EUZ

€1.2b

Fresenius Medical Care

XTRA:FME

€12.9b

Price History & Performance

Summary of share price highs, lows and changes for Merit Medical Systems
Historical stock prices
Current Share PriceUS$90.50
52 Week HighUS$105.00
52 Week LowUS$65.00
Beta0.92
1 Month Change-11.27%
3 Month Change-5.73%
1 Year Change38.17%
3 Year Change60.18%
5 Year Change235.19%
Change since IPO782.41%

Recent News & Updates

Recent updates

Shareholder Returns

MM3DE Medical EquipmentDE Market
7D-1.1%0.2%-0.5%
1Y38.2%-11.2%15.5%

Return vs Industry: MM3 exceeded the German Medical Equipment industry which returned -11.2% over the past year.

Return vs Market: MM3 exceeded the German Market which returned 15.5% over the past year.

Price Volatility

Is MM3's price volatile compared to industry and market?
MM3 volatility
MM3 Average Weekly Movement3.8%
Medical Equipment Industry Average Movement5.5%
Market Average Movement5.3%
10% most volatile stocks in DE Market12.0%
10% least volatile stocks in DE Market2.8%

Stable Share Price: MM3 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: MM3's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19877,400Fred Lampropouloswww.merit.com

Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures in the United States and internationally. It operates in two segments, Cardiovascular and Endoscopy. The company provides micropuncture kits, angiographic needles, sheaths, guide wires, and safety products; peripheral intervention, including angiography, drainage, delivery systems, and embolotherapy products; spine products, such as vertebral augmentation, radiofrequency ablation, and bone biopsy systems; oncology products; and cardiac intervention products, such as access, angiography, electrophysiology and cardiac rhythm management, fluid management, hemodynamic monitoring, hemostasis, and intervention to treat various heart conditions.

Merit Medical Systems, Inc. Fundamentals Summary

How do Merit Medical Systems's earnings and revenue compare to its market cap?
MM3 fundamental statistics
Market cap€5.35b
Earnings (TTM)€110.60m
Revenue (TTM)€1.25b

48.4x

P/E Ratio

4.3x

P/S Ratio

Is MM3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MM3 income statement (TTM)
RevenueUS$1.36b
Cost of RevenueUS$713.18m
Gross ProfitUS$643.33m
Other ExpensesUS$522.98m
EarningsUS$120.36m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin47.43%
Net Profit Margin8.87%
Debt/Equity Ratio52.9%

How did MM3 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/16 09:46
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Merit Medical Systems, Inc. is covered by 21 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David RescottBaird
Ishan MajumdarBaptista Research
Michael PetuskyBarrington Research Associates, Inc.