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Conmed Corp CNMD

Morningstar Rating
$65.78 +3.88 (6.27%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CNMD is trading at a 28% discount.
Price
$71.56
Fair Value
$76.14
Uncertainty
High
1-Star Price
$736.79
5-Star Price
$39.16
Economic Moat
Wkykg
Capital Allocation
Ctzyxcj
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News

Trading Information

Previous Close Price
$61.90
Day Range
$62.00–66.25
52-Week Range
$61.05–138.47
Bid/Ask
$65.22 / $66.35
Market Cap
$2.03 Bil
Volume/Avg
1.1 Mil / 584,786

Key Statistics

Price/Earnings (Normalized)
17.29
Price/Sales
1.55
Dividend Yield (Trailing)
1.10%
Dividend Yield (Forward)
1.10%
Total Yield
1.29%

Company Profile

Conmed Corp is a Utica, New York-based medical equipment company that focuses on sports medicine procedures and general surgeries. The firm currently reports through two reporting units, orthopedic surgery, and general surgery. From a geographic perspective, the firm is U.S.-centric, with maximum domestic sales accounting for revenue, EMEA accounting for second place, APAC at third, and the non-U.S. Americas region driving the remaining revenue.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Core
Total Number of Employees
4,000

Comparables

Valuation

Metric
CNMD
MMSI
IART
Price/Earnings (Normalized)
17.2924.389.16
Price/Book Value
2.233.531.40
Price/Sales
1.553.411.48
Price/Cash Flow
11.1419.9010.30
Price/Earnings
CNMD
MMSI
IART

Financial Strength

Metric
CNMD
MMSI
IART
Quick Ratio
0.863.811.85
Current Ratio
1.985.453.45
Interest Coverage
3.038.072.24
Quick Ratio
CNMD
MMSI
IART

Profitability

Metric
CNMD
MMSI
IART
Return on Assets (Normalized)
4.86%9.43%6.54%
Return on Equity (Normalized)
14.00%14.77%14.87%
Return on Invested Capital (Normalized)
7.88%11.47%8.36%
Return on Assets
CNMD
MMSI
IART
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Capital Allocation
Economic Moat
Market Cap
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EW
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ZBH
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ALGN
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PHG
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PODD
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