Merit Medical Systems, Inc. (MMSI)
NASDAQHealth CareMedical - Instruments & SuppliesSnapshot 2026-09-04
$89.60+1.16%
Close 2026-09-04 · 1-day change
NASDAQHealth CareMedical - Instruments & SuppliesSnapshot 2026-09-04
QuarterlyIQ Insights · MMSI
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $90 MMSI trades at 22× p/e, below its 23× p/e peer median. Our $95 fair value sits above the price. It's a high-confidence read. Analysts target $94–$114. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $100.50 | — | — | Analyst | high |
| dcf fcfe | 12M | $147.88 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $178.53 | — | — | Hist. CAGR | high |
| graham number | 12M | $50.13 | — | — | TTM | high |
| Peer EV/EBITDA |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$94.00 – $114.00 (median $100.50) · 6 analysts · as of 2026-07-31
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 40% over what the business is worth with no growth; closing that gap needs roughly 9.0 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $3.41/sh owner earnings.
Roughly priced in line with peers.
Around its own typical valuation.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| 12M |
| $73.16 |
| 14.7 |
| 5.30 |
| TTM |
| high |
| Peer P/FCF | 12M | $89.60 | 26.4 | 3.39 | TTM | high |
| Peer P/E | 12M | $93.32 | 23.4 | 3.99 | TTM | high |
| Peer P/S | 12M | $79.64 | 3.0 | 26.31 | TTM | high |
| PEG | 12M | $114.21 | 28.6 | 3.99 | TTM | high |
| residual income | 12M | $34.26 | — | — | TTM | high |
| Own P/E history | 12M | $88.92 | 22.3 | 3.99 | TTM | high |
| triangulated | 12M | $103.59 | 23.4 | 4.43 | Triangulated | high |
| Peer P/FCF | 3Y | $136.27 | 26.4 | 5.16 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $114.91 | 23.4 | 4.91 | Analyst | medium |
| Peer P/S | 3Y | $93.30 | 3.0 | 30.82 | guidance | medium |
| PEG | 3Y | $140.63 | 28.6 | 4.91 | Analyst | medium |
| Own P/E history | 3Y | $109.49 | 22.3 | 4.91 | Analyst | medium |
| Peer P/FCF | 5Y | $180.22 | 26.4 | 6.82 | Hist. CAGR(prov.) | high |
| Peer P/E | 5Y | $123.54 | 23.4 | 5.28 | Analyst | high |
| Peer P/S | 5Y | $100.30 | 3.0 | 33.14 | guidance | high |
| PEG | 5Y | $151.19 | 28.6 | 5.28 | Analyst | high |
| Own P/E history | 5Y | $117.71 | 22.3 | 5.28 | Analyst | high |