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Merit Medical Systems (STU:MM3) Enterprise Value : €4,663 Mil (As of Jun. 09, 2024)


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What is Merit Medical Systems Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Merit Medical Systems's Enterprise Value is €4,663 Mil. Merit Medical Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €132 Mil. Therefore, Merit Medical Systems's EV-to-EBIT ratio for today is 35.42.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Merit Medical Systems's Enterprise Value is €4,663 Mil. Merit Medical Systems's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €229 Mil. Therefore, Merit Medical Systems's EV-to-EBITDA ratio for today is 20.40.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Merit Medical Systems's Enterprise Value is €4,663 Mil. Merit Medical Systems's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €1,186 Mil. Therefore, Merit Medical Systems's EV-to-Revenue ratio for today is 3.93.


Merit Medical Systems Enterprise Value Historical Data

The historical data trend for Merit Medical Systems's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Merit Medical Systems Enterprise Value Chart

Merit Medical Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,955.36 2,758.25 3,358.48 3,923.45 4,213.41

Merit Medical Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,074.12 4,660.60 4,002.52 4,213.41 4,247.55

Competitive Comparison of Merit Medical Systems's Enterprise Value

For the Medical Instruments & Supplies subindustry, Merit Medical Systems's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Merit Medical Systems's Enterprise Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Merit Medical Systems's Enterprise Value falls into.



Merit Medical Systems Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Merit Medical Systems's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Merit Medical Systems's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Merit Medical Systems  (STU:MM3) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Merit Medical Systems's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4663.029/131.656
=35.42

Merit Medical Systems's current Enterprise Value is €4,663 Mil.
Merit Medical Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €132 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Merit Medical Systems's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4663.029/228.536
=20.40

Merit Medical Systems's current Enterprise Value is €4,663 Mil.
Merit Medical Systems's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €229 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Merit Medical Systems's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4663.029/1185.99
=3.93

Merit Medical Systems's current Enterprise Value is €4,663 Mil.
Merit Medical Systems's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,186 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Merit Medical Systems Enterprise Value Related Terms

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Merit Medical Systems (STU:MM3) Business Description

Traded in Other Exchanges
Address
1600 West Merit Parkway, South Jordan, UT, USA, 84095
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for use in interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. Majority of the revenue is earned from Cardiovascular segment. United States generates majority of the revenue.

Merit Medical Systems (STU:MM3) Headlines

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