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Company Analysis

CONMED Corporation CNMD

A comprehensive view of key metrics, scores, and financial health for CONMED Corporation

Overview of CONMED Corporation

CNMD NYQ
Healthcare Medical Devices Small Cap
CONMED Corporation (CNMD), is a Small Cap company, in the Medical Devices industry, last closed at $37.28, about 137.8% undervalued vs fair value, -39.3% 1Y return, placing in the top 10% of its sector.
$37.28
1.50%
As of March 13, 2026
Previous close • Vol 90d: 39.6%
52-Week Range
Market Cap
$1.15B
Enterprise Value
$1.95B
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://www.conmed.com
HQ Largo, FL
Employees 3,900
Fiscal year Dec 31

Next Events

Earnings Apr 29 Estimated

Fair Value Snapshot

Bear Base Bull
$79
$89
$100
Current: $37.28 +138% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$1.4B
5.2%%
Gross Profit
$740.6M
1%%
Operating Income
$130.1M
-35%%
Net Income
$47.1M
-64.5%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
327.0%
Excellent

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$99.2M
64.5% of FCF

Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
5
Active Leaks
5/5
Improving
0
High Impact
0
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating CONMED Corporation's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
72
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Moderate
72
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 95% Coverage
Trade-Off Triangle Visualization A ternary plot showing CNMD's balance between Growth (20.4%), Profitability (43.9%), and Safety (35.6%). Growth 20% Safety 36% Profitability 44%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

35th percentile vs peers
36
Key Signals
Rev Growth YoY 5.2% 44p Revenue CAGR 3Y 9.6% 46p EPS Growth YoY -64.5% 13p TSR -39.5% 26p
Strengths
  • D/E Ratio in top 20% of peers (80.8%, 81th percentile)
  • Superior capital returns - 3 return metrics above peer median
  • Operating Margin in top 20% of peers (9.5%, 83th percentile)
Risks
  • Eps Growth Yoy in bottom 20% of peers (-64.5%)
  • Growth below peer median (percentile: 35)

Profitability

77th percentile vs peers
77
Key Signals
Strengths
Risks
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Safety

62th percentile vs peers
63
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for CONMED Corporation.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$88.65
- - -
+137.8% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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