MASI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 184 industry peers in the Health Care Equipment & Supplies industry. Both the profitability and the financial health of MASI get a neutral evaluation. Nothing too spectacular is happening here. MASI has a decent growth rate and is not valued too expensively.

Quickly go to:

1. Profitability

2. Health

3. Growth

4. Valuation

5. Dividend

1. Profitability

1.1 Basic Checks

MASI had positive earnings in the past year.
In the past year MASI had a positive cash flow from operations.
Of the past 5 years MASI 4 years were profitable.
Each year in the past 5 years MASI had a positive operating cash flow.

1.2 Ratios

MASI has a Return On Assets (-31.33%) which is in line with its industry peers.
MASI has a Return On Equity of -70.30%. This is comparable to the rest of the industry: MASI outperforms 44.57% of its industry peers.
With an excellent Return On Invested Capital value of 9.63%, MASI belongs to the best of the industry, outperforming 89.13% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MASI is below the industry average of 8.81%.
The 3 year average ROIC (4.63%) for MASI is below the current ROIC(9.63%), indicating increased profibility in the last year.

		Industry Rank	Sector Rank
ROA	-31.33%
ROE	-70.3%
ROIC	9.63%

ROA(3y)-1.49%

ROA(5y)4.35%

ROE(3y)-4.1%

ROE(5y)3.92%

ROIC(3y)4.63%

ROIC(5y)8.2%

1.3 Margins

The Operating Margin of MASI (10.29%) is better than 79.35% of its industry peers.
MASI's Operating Margin has declined in the last couple of years.
The Gross Margin of MASI (54.96%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of MASI has declined.

		Industry Rank	Sector Rank
OM	10.29%
PM (TTM)	N/A
GM	54.96%

OM growth 3Y-54.54%

OM growth 5Y-38.4%

PM growth 3YN/A

PM growth 5YN/A

GM growth 3Y-9.74%

GM growth 5Y-6.5%

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

MASI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for MASI has been increased compared to 1 year ago.
MASI has about the same amout of shares outstanding than it did 5 years ago.
MASI has a better debt/assets ratio than last year.

2.2 Solvency

An Altman-Z score of 7.09 indicates that MASI is not in any danger for bankruptcy at the moment.
MASI has a Altman-Z score of 7.09. This is amongst the best in the industry. MASI outperforms 85.33% of its industry peers.
MASI has a debt to FCF ratio of 2.96. This is a good value and a sign of high solvency as MASI would need 2.96 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.96, MASI belongs to the best of the industry, outperforming 83.15% of the companies in the same industry.
MASI has a Debt/Equity ratio of 0.69. This is a neutral value indicating MASI is somewhat dependend on debt financing.
MASI has a worse Debt to Equity ratio (0.69) than 67.93% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.69
Debt/FCF	2.96
Altman-Z	7.09

ROIC/WACC0.98

WACC9.87%

2.3 Liquidity

MASI has a Current Ratio of 2.84. This indicates that MASI is financially healthy and has no problem in meeting its short term obligations.
MASI's Current ratio of 2.84 is in line compared to the rest of the industry. MASI outperforms 55.43% of its industry peers.
MASI has a Quick Ratio of 1.92. This is a normal value and indicates that MASI is financially healthy and should not expect problems in meeting its short term obligations.
MASI has a Quick ratio (1.92) which is comparable to the rest of the industry.

		Industry Rank	Sector Rank
Current Ratio	2.84
Quick Ratio	1.92

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 54.77% over the past year.
MASI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.86% yearly.
Looking at the last year, MASI shows a very negative growth in Revenue. The Revenue has decreased by -16.03% in the last year.
MASI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.43% yearly.

EPS 1Y (TTM)54.77%

EPS 3Y2.37%

EPS 5Y5.86%

EPS Q2Q%34.69%

Revenue 1Y (TTM)-16.03%

Revenue growth 3Y19.12%

Revenue growth 5Y17.43%

Sales Q2Q%-26.44%

3.2 Future

Based on estimates for the next years, MASI will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.11% on average per year.
The Revenue is expected to decrease by -1.10% on average over the next years.

EPS Next Y31.03%

EPS Next 2Y18.54%

EPS Next 3Y16.39%

EPS Next 5Y12.11%

Revenue Next Year-27.07%

Revenue Next 2Y-11.73%

Revenue Next 3Y-5.71%

Revenue Next 5Y-1.1%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

MASI is valuated rather expensively with a Price/Earnings ratio of 23.99.
Compared to the rest of the industry, the Price/Earnings ratio of MASI indicates a somewhat cheap valuation: MASI is cheaper than 79.89% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.39, MASI is valued at the same level.
A Price/Forward Earnings ratio of 22.65 indicates a rather expensive valuation of MASI.
MASI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MASI is cheaper than 78.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 25.72. MASI is around the same levels.

		Industry Rank	Sector Rank
PE	23.99
Fwd PE	22.65

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MASI is valued a bit cheaper than the industry average as 70.11% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MASI is valued a bit cheaper than 76.09% of the companies in the same industry.

		Industry Rank	Sector Rank
P/FCF	38.78
EV/EBITDA	32.88

4.3 Compensation for Growth

MASI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MASI's earnings are expected to grow with 16.39% in the coming years. This may justify a more expensive valuation.