Utah Medical Products, Inc. manufactures and distributes medical devices for the healthcare industry in the United States, Europe, and internationally. More Details
No risks detected for UTMD from our risk checks.
Flawless balance sheet and good value.
Share Price & News
How has Utah Medical Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UTMD has not had significant price volatility in the past 3 months.
7 Day Return
US Medical Equipment
1 Year Return
US Medical Equipment
Return vs Industry: UTMD underperformed the US Medical Equipment industry which returned 24.4% over the past year.
Return vs Market: UTMD underperformed the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Utah Medical Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHow Many Utah Medical Products, Inc. (NASDAQ:UTMD) Shares Have Insiders Sold, In The Last Year?
3 weeks ago | Simply Wall StThere's Reason For Concern Over Utah Medical Products, Inc.'s (NASDAQ:UTMD) Price
1 month ago | Simply Wall StThere's A Lot To Like About Utah Medical Products' (NASDAQ:UTMD) Upcoming US$0.28 Dividend
Is Utah Medical Products undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UTMD ($82.74) is trading below our estimate of fair value ($134.19)
Significantly Below Fair Value: UTMD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UTMD is good value based on its PE Ratio (24.4x) compared to the US Medical Equipment industry average (51.1x).
PE vs Market: UTMD is poor value based on its PE Ratio (24.4x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UTMD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UTMD is good value based on its PB Ratio (3.2x) compared to the US Medical Equipment industry average (4.1x).
How is Utah Medical Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Healthcare industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Utah Medical Products has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Utah Medical Products is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Healthcare industry.
How has Utah Medical Products performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UTMD has high quality earnings.
Growing Profit Margin: UTMD's current net profit margins (28.4%) are lower than last year (39.3%).
Past Earnings Growth Analysis
Earnings Trend: UTMD's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: UTMD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UTMD had negative earnings growth (-25.4%) over the past year, making it difficult to compare to the Medical Equipment industry average (2.5%).
Return on Equity
High ROE: UTMD's Return on Equity (13.1%) is considered low.
How is Utah Medical Products's financial position?
Financial Position Analysis
Short Term Liabilities: UTMD's short term assets ($53.1M) exceed its short term liabilities ($3.2M).
Long Term Liabilities: UTMD's short term assets ($53.1M) exceed its long term liabilities ($5.0M).
Debt to Equity History and Analysis
Debt Level: UTMD is debt free.
Reducing Debt: UTMD had no debt 5 years ago.
Debt Coverage: UTMD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UTMD has no debt, therefore coverage of interest payments is not a concern.
What is Utah Medical Products's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UTMD's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: UTMD's dividend (1.35%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
Stable Dividend: UTMD's dividends per share have been stable in the past 10 years.
Growing Dividend: UTMD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.9%), UTMD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kevin Cornwell (73 yo)
Mr. Kevin L. Cornwell has been the Chairman of the Board at Utah Medical Products Inc. since 1996 and its President and Chief Executive Officer since December 1992. Mr. Cornwell has been Secretary of Utah ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD474.12K) is below average for companies of similar size in the US market ($USD1.91M).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
|Independent Lead Director||no data||US$33.00k||0.27% |
|Independent Director||23.75yrs||US$26.00k||0.37% |
|Independent Director||13.67yrs||US$26.00k||0.36% |
Experienced Board: UTMD's board of directors are seasoned and experienced ( 23.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Utah Medical Products, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Utah Medical Products, Inc.
- Ticker: UTMD
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Health Care Supplies
- Sector: Healthcare
- Market Cap: US$301.434m
- Shares outstanding: 3.64m
- Website: https://www.utahmed.com
Number of Employees
- Utah Medical Products, Inc.
- 7043 South 300 West
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UTMD||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 1982|
Utah Medical Products, Inc. manufactures and distributes medical devices for the healthcare industry in the United States, Europe, and internationally. The company offers fetal monitoring accessories, vacu ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:05|
|End of Day Share Price||2020/10/19 00:00|
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 here.