AptarGroup, Inc. (ATR) vs Merit Medical Systems, Inc. (MMSI)

AptarGroup, Inc. and Merit Medical Systems, Inc. are both Medical Instruments & Supplies companies. AptarGroup, Inc. is the larger, with a market value of $7.9B against $5.4B — 1.5× the size. AptarGroup, Inc. trades at the lower P/E: 22.2× against 36.4×. Merit Medical Systems, Inc. grew revenue faster over the last twelve months: 10.2% against 8.93%. Across the 21 metrics below, AptarGroup, Inc. leads on 13 and Merit Medical Systems, Inc. on 8.

Valuation

Metric ATR MMSI Medical Instruments & Supplies median
P/E 22.23 36.41 33.75
P/S 2.01 3.37 2.52
P/B 2.99 3.17 2.48
Price to free cash flow 25.19 26.65 25.19
EV/EBITDA 11.59 16.38 14.62
EV/Sales 2.31 3.56 2.88
Earnings yield 4.50% 2.75% (2.67%)
Free cash flow yield 3.97% 3.75% 0.09%

Profitability

Metric ATR MMSI Medical Instruments & Supplies median
Gross margin 36.07% 49.51% 54.29%
Operating margin 12.14% 12.75% 1.07%
Net margin 9.22% 9.22% (1.61%)
Free cash flow margin 8.00% 12.65% 1.08%
Return on equity 13.52% 9.19% (1.32%)
Return on assets 7.25% 5.34% 0.00%
Return on invested capital 7.82% 6.40% 0.00%

Growth

Metric ATR MMSI Medical Instruments & Supplies median
Revenue growth (TTM) 8.93% 10.19% 8.85%
EPS growth (last fiscal year) 6.51% 4.93% 8.65%
Revenue growth, 5-year CAGR 5.22% 9.48% 9.17%
Net income growth, 5-year CAGR 12.91% 0.00% 0.00%

Health

Metric ATR MMSI Medical Instruments & Supplies median
Debt to equity 0.52 0.44 0.10
Current ratio 1.61 4.20 2.48
Net debt to EBITDA 1.36 0.89 0.89

Dividend

Metric ATR MMSI Medical Instruments & Supplies median
Dividend yield 1.54% — 1.11%
Payout ratio 0.35 — 0.27

Size

Metric ATR MMSI Medical Instruments & Supplies median
Market cap 7.90b 5.35b 619.84m

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