MERIT MEDICAL SYSTEMS INC (MMSI)
Surgical & Medical Instruments & Apparatus
Latest Price
$86.47
TTM P/E
35.58
Normalized P/E
48.25
Div Yield
--
Book Value
28.19
P/B Ratio
3.07
Valuation metrics
adjust assumptions →EPS: $2.13
Book value / share: $26.66
Formula: √(22.5 × EPS × BVPS)
Graham Number
$35.75
59% downside
Norm. op. income: $88M (median of 7yr)
Tax rate: 16%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$7.57
91% downside
Base FCF: $119M (median of recent 5yr)
Growth: 16%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$73.50
15% downside
EPS: $2.13
Target P/E: 48×
Formula: EPS × P/E
P/E Fair Value
$102.24
+18% upside
Institutional Ownership
100.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 9.46M | $656.0M | 15.85% | +630.2K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.47M | $240.0M | 5.82% | -49.3K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.59M | $179.0M | 4.34% | -65.7K | 2026-06-30 |
| STATE STREET CORP | 2.47M | $171.0M | 4.14% | +113.5K | 2026-06-30 |
| Conestoga Capital Advisors, LLC | 1.98M | $137.0M | 3.32% | -187.7K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.63M | $112.0M | 2.72% | +117.6K | 2026-06-30 |
| FULLER & THALER ASSET MANAGEMENT, INC. | 1.61M | $111.0M | 2.70% | -502.5K | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS LP | 1.46M | $101.0M | 2.44% | +221.5K | 2026-06-30 |
| UBS Group AG | 1.36M | $94.0M | 2.27% | +155.0K | 2026-06-30 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 1.28M | $88.0M | 2.14% | +80.9K | 2026-06-30 |