MMSI vs WAY
Comparison between Merit Medical Systems Inc (MMSI, Company) and Waystar Holding Corp (WAY, Company).
Both MMSI and WAY are from the Healthcare sector.
MMSI vs WAY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
MMSI
$4.36B
WAY
$4.35B
Max Drawdown
MMSI
68.67%
Winner
WAY
61.83%
Sharpe Ratio
Winner
MMSI
-0.64
WAY
-0.84
5Y Beta
Winner
MMSI
0.72
WAY
0.78
Industry
MMSI
Medical Instruments & Supplies
WAY
Health Information Services
P/E Ratio
Winner
MMSI
31.15
WAY
32.86
Forward P/E
MMSI
18.59
Winner
WAY
13.24
PEG Ratio
MMSI
2.53
Winner
WAY
0.09
5Y EPS CAGR
MMSI
99.24%
WAY
N/A
Debt to Equity
MMSI
45.19%
Winner
WAY
37.33%
Free Cash Flow Yield
MMSI
5.07%
Winner
WAY
7.60%
P/S Ratio
Winner
MMSI
2.75
WAY
3.76
P/B Ratio
MMSI
2.69
Winner
WAY
1.08
MMSI vs WAY - Historical Returns
Returns include dividend reinvestment.
1M
MMSI
+13.41%
Winner
WAY
+22.03%
3M
Winner
MMSI
+4.31%
WAY
-13.68%
6M
Winner
MMSI
-10.11%
WAY
-26.43%
1Y
Winner
MMSI
-12.48%
WAY
-39.91%
5Y(CAGR)
MMSI
+4.30%
WAY
N/A
10Y(CAGR)
MMSI
+13.70%
WAY
N/A
Max(CAGR)
Winner
MMSI
+15.06%
WAY
+3.53%
MMSI vs WAY - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MMSI | WAY |
|---|---|---|
| 2026 | -14.41% | -29.01% |
| 2025 | -8.25% | -8.90% |
| 2024 | +26.63% | +77.29% |
| 2023 | +9.14% | N/A |
| 2022 | +10.65% | N/A |
| 2021 | +13.77% | N/A |
| 2020 | +76.45% | N/A |
| 2019 | -41.32% | N/A |
| 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 WAY Drawdown Comparison
The maximum drawdown for MMSI was -68.67%, occurring on Oct 31, 2019. Recovery took 710 trading sessions.
The maximum drawdown for WAY was -61.83%, occurring on Jun 22, 2026. This drawdown has not yet recovered.
The current MMSI drawdown is -32.91%. The current WAY drawdown is -50.89%.
| Rank | MMSI | WAY |
|---|---|---|
| #1 | -68.67% Oct 3, 2018 - Jul 30, 2021 | -61.83% Feb 14, 2025 - Jun 22, 2026 |
| #2 | -63.64% Mar 24, 2000 - Jul 27, 2001 | -9.29% Jul 23, 2024 - Aug 8, 2024 |
| #3 | -61.24% Jan 5, 2004 - Apr 24, 2015 | -9.02% Jun 11, 2024 - Jul 22, 2024 |
| #4 | -45.32% Jan 30, 2025 - May 11, 2026 | -6.06% Nov 7, 2024 - Dec 10, 2024 |
| #5 | -38.69% Jul 28, 2015 - Dec 8, 2016 | -5.82% Dec 26, 2024 - Jan 24, 2025 |
| #6 | -34.70% Oct 11, 2001 - Jan 3, 2002 | -4.05% Sep 26, 2024 - Oct 29, 2024 |
| #7 | -30.94% Jan 3, 2002 - Apr 8, 2002 | -3.69% Sep 6, 2024 - Sep 26, 2024 |
| #8 | -29.43% Sep 2, 2021 - Dec 12, 2022 | -3.25% Jan 30, 2025 - Feb 5, 2025 |
| #9 | -28.96% Nov 1, 2002 - Jul 24, 2003 | -2.57% Aug 30, 2024 - Sep 6, 2024 |
| #10 | -26.18% Jun 7, 2023 - Jun 28, 2024 | -2.45% Feb 5, 2025 - Feb 11, 2025 |
| #11 | -22.85% Jun 27, 2002 - Oct 3, 2002 | -2.23% Dec 17, 2024 - Dec 20, 2024 |
| #12 | -20.06% Jul 30, 2001 - Aug 13, 2001 | -1.73% Aug 19, 2024 - Aug 28, 2024 |
| #13 | -20.05% Apr 9, 2002 - Jun 18, 2002 | -1.25% Jan 24, 2025 - Jan 28, 2025 |
| #14 | -18.94% Oct 5, 2017 - Jan 16, 2018 | -0.84% Aug 13, 2024 - Aug 15, 2024 |
| #15 | -16.57% Oct 17, 2002 - Oct 30, 2002 | -0.42% Nov 1, 2024 - Nov 5, 2024 |
Correlation
Correlation between MMSI and WAY is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.69
-101
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