MMSI vs NVST

Comparison between Merit Medical Systems Inc (MMSI, Company) and Envista Holdings Corp (NVST, Company).

Both MMSI and NVST are from the Healthcare sector.

5-Year PerformanceMMSI has outperformed NVST, delivering a return of +4.3% compared to -8.2%

MMSI vs NVST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMSI(COMPANY)	NVST(COMPANY)
Market Cap	$4.36B	$4.35B
Max Drawdown	68.67%	71.00%
Sharpe Ratio	-0.64	0.88
5Y Beta	0.72	1.26
Industry	Medical Instruments & Supplies	Medical Instruments & Supplies
P/E Ratio	31.15	64.66
Forward P/E	18.59	20.33
PEG Ratio	2.53	N/A
5Y EPS CAGR	99.24%	-11.48%
Debt to Equity	45.19%	46.73%
Free Cash Flow Yield	5.07%	5.06%
P/S Ratio	2.75	1.55
P/B Ratio	2.69	1.38

Market Cap

Winner

MMSI

$4.36B

NVST

$4.35B

Max Drawdown

Winner

MMSI

68.67%

NVST

71.00%

Sharpe Ratio

MMSI

-0.64

Winner

NVST

0.88

5Y Beta

Winner

MMSI

0.72

NVST

1.26

Industry

MMSI

Medical Instruments & Supplies

NVST

Medical Instruments & Supplies

P/E Ratio

Winner

MMSI

31.15

NVST

64.66

Forward P/E

Winner

MMSI

18.59

NVST

20.33

PEG Ratio

MMSI

2.53

NVST

N/A

5Y EPS CAGR

Winner

MMSI

99.24%

NVST

-11.48%

Debt to Equity

Winner

MMSI

45.19%

NVST

46.73%

Free Cash Flow Yield

Winner

MMSI

5.07%

NVST

5.06%

P/S Ratio

MMSI

2.75

Winner

NVST

1.55

P/B Ratio

MMSI

2.69

Winner

NVST

1.38

MMSI vs NVST - Historical Returns

Returns include dividend reinvestment.

Period	MMSI	NVST
1 month	+13.41%	+7.56%
3 months	+4.31%	-3.95%
6 months	-10.11%	+5.94%
1 year	-12.48%	+35.39%
5 years(CAGR)	+4.30%	-8.17%
10 years(CAGR)	+13.70%	N/A
Max(CAGR)	+15.06%	-0.65%

Winner

MMSI

+13.41%

NVST

+7.56%

Winner

MMSI

+4.31%

NVST

-3.95%

MMSI

-10.11%

Winner

NVST

+5.94%

MMSI

-12.48%

Winner

NVST

+35.39%

5Y(CAGR)

Winner

MMSI

+4.30%

NVST

-8.17%

10Y(CAGR)

MMSI

+13.70%

NVST

N/A

Max(CAGR)

Winner

MMSI

+15.06%

NVST

-0.65%

MMSI vs NVST - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MMSI	NVST
2026	-14.41%	+23.28%
2025	-8.25%	+13.61%
2024	+26.63%	-19.96%
2023	+9.14%	-29.15%
2022	+10.65%	-25.41%
2021	+13.77%	+36.75%
2020	+76.45%	+11.80%
2019	-41.32%	+6.05%
2018	+28.15%	N/A
2017	+64.89%	N/A
2016	+46.73%	N/A
2015	+10.13%	N/A
2014	+14.09%	N/A
2013	+12.27%	N/A
2012	+2.13%	N/A
2011	+4.66%	N/A
2010	-19.85%	N/A
2009	+8.15%	N/A
2008	+26.80%	N/A
2007	-12.58%	N/A
2006	+27.74%	N/A
2005	-18.25%	N/A
2004	-31.45%	N/A
2003	+90.35%	N/A
2002	+35.03%	N/A
2001	+344.76%	N/A
2000	-19.64%	N/A
1999	+19.58%	N/A

MMSI vs NVST Drawdown Comparison

The maximum drawdown for MMSI was -68.67%, occurring on Oct 31, 2019. Recovery took 710 trading sessions.

The maximum drawdown for NVST was -71.00%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The current MMSI drawdown is -32.91%. The current NVST drawdown is -47.47%.

Rank	MMSI	NVST
#1	-68.67% Oct 3, 2018 - Jul 30, 2021	-71.00% Mar 21, 2022 - Apr 8, 2025
#2	-63.64% Mar 24, 2000 - Jul 27, 2001	-64.13% Jan 22, 2020 - Dec 31, 2020
#3	-61.24% Jan 5, 2004 - Apr 24, 2015	-17.04% May 7, 2021 - Dec 23, 2021
#4	-45.32% Jan 30, 2025 - May 11, 2026	-11.54% Feb 16, 2022 - Mar 18, 2022
#5	-38.69% Jul 28, 2015 - Dec 8, 2016	-11.42% Dec 27, 2021 - Feb 10, 2022
#6	-34.70% Oct 11, 2001 - Jan 3, 2002	-11.15% Oct 29, 2019 - Jan 6, 2020
#7	-30.94% Jan 3, 2002 - Apr 8, 2002	-7.58% Sep 20, 2019 - Oct 10, 2019
#8	-29.43% Sep 2, 2021 - Dec 12, 2022	-6.67% Feb 12, 2021 - Mar 12, 2021
#9	-28.96% Nov 1, 2002 - Jul 24, 2003	-5.00% Mar 15, 2021 - Apr 5, 2021
#10	-26.18% Jun 7, 2023 - Jun 28, 2024	-4.39% Apr 7, 2021 - Apr 21, 2021
#11	-22.85% Jun 27, 2002 - Oct 3, 2002	-3.92% Oct 10, 2019 - Oct 15, 2019
#12	-20.06% Jul 30, 2001 - Aug 13, 2001	-3.59% Jan 13, 2020 - Jan 22, 2020
#13	-20.05% Apr 9, 2002 - Jun 18, 2002	-3.52% Jan 20, 2021 - Feb 3, 2021
#14	-18.94% Oct 5, 2017 - Jan 16, 2018	-3.33% Oct 23, 2019 - Oct 29, 2019
#15	-16.57% Oct 17, 2002 - Oct 30, 2002	-3.06% Oct 17, 2019 - Oct 23, 2019

Correlation

Correlation between MMSI and NVST is -0.31 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.31

-101