Merit Medical Systems Inc. (MMSI) exhibits 48.7% gross margins and 7.8% return on invested capital within Health Care (Medical/Dental Instruments), balanced against a 23.1x enterprise multiple and 6.7% implied options volatility.
Sustained 48.7% gross profitability converts into 12.2% operating margin and 7.8% ROIC, outpacing sector cost of capital.
ROIC: 7.8% // GM: 48.7%YoY revenue trajectory of +11.8% paired with 3.87% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +11.8% // FCF YLD: 3.87%Altman Z-Score of 4.62 and Piotroski F-Score of 9/9 indicate low near-term refinancing stress.
ALTMAN Z: 4.62 // F-SCORE: 9/9Trading at 43.4x trailing P/E (40.4x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 43.4x // EV/EBITDA: 23.1xOptions market prices a ±6.7% implied move with a 0.66 put/call ratio around $92.00 max pain.
IMPL MOVE: ±6.7% // P/C: 0.66Elevated industry capital intensity and customer concentration in Medical/Dental Instruments require continuous execution to defend 8.5% net margins.
NET MARGIN: 8.5% // D/E: 0.46x| FILER | SIDE | $ VALUE |
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| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for MMSI & activate live FRED threshold breach alerts.