MERIDIAN BIOSCIENCE INC (VIVO) Fundamental Analysis & Valuation

NASDAQ:VIVO • US5895841014

Current stock price

33.97 USD
0 (0%)
At close:
33.99 USD
+0.02 (+0.06%)
After Hours:

This VIVO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. VIVO Profitability Analysis

1.1 Basic Checks

  • In the past year VIVO was profitable.
  • VIVO had a positive operating cash flow in the past year.
VIVO Yearly Net Income VS EBIT VS OCF VS FCFVIVO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 20M 40M 60M 80M 100M

1.2 Ratios

  • VIVO's Return On Assets of 9.17% is amongst the best of the industry. VIVO outperforms 88.89% of its industry peers.
  • VIVO's Return On Equity of 11.54% is amongst the best of the industry. VIVO outperforms 87.50% of its industry peers.
  • With an excellent Return On Invested Capital value of 14.66%, VIVO belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for VIVO is significantly above the industry average of 9.18%.
  • The 3 year average ROIC (49.65%) for VIVO is well above the current ROIC(14.66%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 9.17%
ROE 11.54%
ROIC 14.66%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)49.65%
ROIC(5y)N/A
VIVO Yearly ROA, ROE, ROICVIVO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 5 10 15 20

1.3 Margins

  • The Profit Margin of VIVO (12.75%) is better than 87.04% of its industry peers.
  • VIVO's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 22.70%, VIVO belongs to the top of the industry, outperforming 93.52% of the companies in the same industry.
  • In the last couple of years the Operating Margin of VIVO has remained more or less at the same level.
  • With a Gross Margin value of 56.56%, VIVO perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
  • In the last couple of years the Gross Margin of VIVO has declined.
Industry RankSector Rank
OM 22.7%
PM (TTM) 12.75%
GM 56.56%
OM growth 3Y5.46%
OM growth 5Y0.35%
PM growth 3Y1.65%
PM growth 5Y3.46%
GM growth 3Y-1.43%
GM growth 5Y-1.79%
VIVO Yearly Profit, Operating, Gross MarginsVIVO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 20 40 60

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8

2. VIVO Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), VIVO is creating value.
  • VIVO has more shares outstanding than it did 1 year ago.
  • VIVO has a better debt/assets ratio than last year.
VIVO Yearly Shares OutstandingVIVO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M 40M
VIVO Yearly Total Debt VS Total AssetsVIVO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M

2.2 Solvency

  • VIVO has an Altman-Z score of 11.77. This indicates that VIVO is financially healthy and has little risk of bankruptcy at the moment.
  • VIVO has a better Altman-Z score (11.77) than 88.89% of its industry peers.
  • VIVO has a debt to FCF ratio of 0.34. This is a very positive value and a sign of high solvency as it would only need 0.34 years to pay back of all of its debts.
  • The Debt to FCF ratio of VIVO (0.34) is better than 93.52% of its industry peers.
  • A Debt/Equity ratio of 0.07 indicates that VIVO is not too dependend on debt financing.
  • The Debt to Equity ratio of VIVO (0.07) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.07
Debt/FCF 0.34
Altman-Z 11.77
ROIC/WACC1.53
WACC9.57%
VIVO Yearly LT Debt VS Equity VS FCFVIVO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M

2.3 Liquidity

  • VIVO has a Current Ratio of 3.63. This indicates that VIVO is financially healthy and has no problem in meeting its short term obligations.
  • VIVO has a Current ratio (3.63) which is in line with its industry peers.
  • A Quick Ratio of 2.46 indicates that VIVO has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 2.46, VIVO is in line with its industry, outperforming 45.83% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.63
Quick Ratio 2.46
VIVO Yearly Current Assets VS Current LiabilitesVIVO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. VIVO Growth Analysis

3.1 Past

  • The earnings per share for VIVO have decreased strongly by -17.86% in the last year.
  • VIVO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.21% yearly.
  • The Revenue has been growing slightly by 4.76% in the past year.
  • VIVO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.65% yearly.
EPS 1Y (TTM)-17.86%
EPS 3Y26.61%
EPS 5Y15.21%
EPS Q2Q%-12.5%
Revenue 1Y (TTM)4.76%
Revenue growth 3Y18.33%
Revenue growth 5Y10.65%
Sales Q2Q%-13.82%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-39.02%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-13.66%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
VIVO Yearly Revenue VS EstimatesVIVO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M
VIVO Yearly EPS VS EstimatesVIVO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 0.5 1 1.5

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5

4. VIVO Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 24.62, which indicates a rather expensive current valuation of VIVO.
  • Based on the Price/Earnings ratio, VIVO is valued cheaper than 83.80% of the companies in the same industry.
  • VIVO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.70, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 40.37 indicates a quite expensive valuation of VIVO.
  • Based on the Price/Forward Earnings ratio, VIVO is valued a bit cheaper than the industry average as 75.93% of the companies are valued more expensively.
  • VIVO's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.84.
Industry RankSector Rank
PE 24.62
Fwd PE 40.37
VIVO Price Earnings VS Forward Price EarningsVIVO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • VIVO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VIVO is cheaper than 86.57% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, VIVO is valued cheaper than 94.44% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20.27
EV/EBITDA 15.62
VIVO Per share dataVIVO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • VIVO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.62
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. VIVO Dividend Analysis

5.1 Amount

  • VIVO does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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VIVO Fundamentals: All Metrics, Ratios and Statistics

MERIDIAN BIOSCIENCE INC

NASDAQ:VIVO (1/30/2023, 8:27:46 PM)

After market: 33.99 +0.02 (+0.06%)

33.97

0 (0%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)01-26
Earnings (Next)05-04
Inst Owners0%
Inst Owner Change0%
Ins Owners2.73%
Ins Owner Change0%
Market Cap1.49B
Revenue(TTM)333.02M
Net Income(TTM)42.46M
Analysts43.33
Price Target34.68 (2.09%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)17.65%
Min EPS beat(2)-1.96%
Max EPS beat(2)37.25%
EPS beat(4)3
Avg EPS beat(4)27.19%
Min EPS beat(4)-1.96%
Max EPS beat(4)37.25%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.54%
Min Revenue beat(2)-4.52%
Max Revenue beat(2)-0.56%
Revenue beat(4)2
Avg Revenue beat(4)6.92%
Min Revenue beat(4)-4.52%
Max Revenue beat(4)23.21%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.62%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.21%
Valuation
Industry RankSector Rank
PE 24.62
Fwd PE 40.37
P/S 4.49
P/FCF 20.27
P/OCF 18.15
P/B 4.06
P/tB 8.42
EV/EBITDA 15.62
EPS(TTM)1.38
EY4.06%
EPS(NY)0.84
Fwd EY2.48%
FCF(TTM)1.68
FCFY4.93%
OCF(TTM)1.87
OCFY5.51%
SpS7.57
BVpS8.36
TBVpS4.04
PEG (NY)N/A
PEG (5Y)1.62
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 9.17%
ROE 11.54%
ROCE N/A
ROIC 14.66%
ROICexc 18.35%
ROICexgc 44.57%
OM 22.7%
PM (TTM) 12.75%
GM 56.56%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)49.65%
ROIC(5y)N/A
ROICexc(3y)19.62%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y10.61%
ROICexgc growth 5Y2.24%
ROICexc growth 3Y13.29%
ROICexc growth 5Y-2.41%
OM growth 3Y5.46%
OM growth 5Y0.35%
PM growth 3Y1.65%
PM growth 5Y3.46%
GM growth 3Y-1.43%
GM growth 5Y-1.79%
F-Score5
Asset Turnover0.72
Health
Industry RankSector Rank
Debt/Equity 0.07
Debt/FCF 0.34
Debt/EBITDA 0.27
Cap/Depr 52.18%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 173.69%
Current Ratio 3.63
Quick Ratio 2.46
Altman-Z 11.77
F-Score5
WACC9.57%
ROIC/WACC1.53
Cap/Depr(3y)65.44%
Cap/Depr(5y)57.5%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)112.8%
Profit Quality(5y)119.92%
High Growth Momentum
Growth
EPS 1Y (TTM)-17.86%
EPS 3Y26.61%
EPS 5Y15.21%
EPS Q2Q%-12.5%
EPS Next Y-39.02%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.76%
Revenue growth 3Y18.33%
Revenue growth 5Y10.65%
Sales Q2Q%-13.82%
Revenue Next Year-13.66%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-25.75%
EBIT growth 3Y24.79%
EBIT growth 5Y11.03%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y51.89%
FCF growth 3Y31.57%
FCF growth 5Y14.86%
OCF growth 1Y23.18%
OCF growth 3Y31.55%
OCF growth 5Y14.77%

MERIDIAN BIOSCIENCE INC / VIVO Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for MERIDIAN BIOSCIENCE INC?

ChartMill assigns a fundamental rating of 4 / 10 to VIVO.


Can you provide the valuation status for MERIDIAN BIOSCIENCE INC?

ChartMill assigns a valuation rating of 3 / 10 to MERIDIAN BIOSCIENCE INC (VIVO). This can be considered as Overvalued.


How profitable is MERIDIAN BIOSCIENCE INC (VIVO) stock?

MERIDIAN BIOSCIENCE INC (VIVO) has a profitability rating of 4 / 10.


What are the PE and PB ratios of MERIDIAN BIOSCIENCE INC (VIVO) stock?

The Price/Earnings (PE) ratio for MERIDIAN BIOSCIENCE INC (VIVO) is 24.62 and the Price/Book (PB) ratio is 4.06.


Can you provide the financial health for VIVO stock?

The financial health rating of MERIDIAN BIOSCIENCE INC (VIVO) is 7 / 10.