Is Merit Medical Systems Inc (MMSI) overvalued? · P/E 28, rev $1.36B
Merit Medical Systems Inc (MMSI) is a medical instruments & supplies company listed on US.
This page asks whether Merit Medical Systems Inc (MMSI) looks expensive on cached numbers — not a short thesis.
Latest reported MMSI revenue for 2024-12-31 was $1.36B. Net income was $120.4M. Revenue was up 7.9% from 2023-12-31 to 2024-12-31. MMSI currently screens at market cap $3.89B and trailing P/E 28.1.
MMSI currently screens at market cap $3.89B and trailing P/E 28.1. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next MMSI 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the MMSI stock page for the full model, not this heading.
Not investment advice.