Conmed CNMD

NYSE CNMD
$50.31 -1.63 (-3.14%)
As of: Nov 10, 2026 · 10:19 AM EST

Conmed (CNMD) stock price is $50.31, down 3.14% on the day, as of Nov 10, 2026. It has a market cap of $1.51Bn and a P/E ratio of 20.59, and is classified in the Medical Devices industry (Healthcare sector).

Key Stats
Market Cap1.51 Bn
P/E20.59
FCF (Yr)150.88 Mn
ROA (Yr)2.03
EV to EBIT9.96
Net Income (Yr)47.06 Mn
Enterprise Value1.35 Bn
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About

CONMED Corporation is a medical technology company that designs, manufactures, and distributes devices and equipment for surgical procedures. The company's products serve surgeons and other healthcare professionals in orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. With approximately 3,900 employees, CONMED operates from three primary manufacturing locations and is headquartered in Largo, Florida. The company focuses on delivering…

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Sector: Healthcare Sector rationale CONMED designs, manufactures, and distributes medical devices and equipment for surgical procedures, specifically in orthopedics and general surgery. Its revenue is derived from selling these medical products to hospitals, surgery centers, and healthcare professionals, which falls squarely within the Healthcare sector's Medical Devices industry. Industries: Medical Devices Medical Devices Primary CONMED designs and manufactures therapeutic and surgical medical devices, including powered resection instruments, the Hall surgical brand of battery operated power tools, and electrosurgical generators. These products are sold to hospitals and surgery centers for use in orthopedics, general surgery, and gastroenterology. Medical Supplies Medical Supplies Secondary A substantial portion of the company's revenue is derived from medical supplies and consumables, with single-use products representing 78% of orthopedic sales and 92% of general surgery sales, including items like tissue retrieval bags, trocars, and graspers. Classified using BQ-MICS CIK: 0000816956

Product Lines Breakdown of Revenue (2017)

History
Peer percentiles

How Conmed ranks

Ranked against the 247 companies in Medical Devices and Diagnostics58 metrics · as of Nov 6, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/E 21.5xMedian 26.9x 90th
  • P/FCF 11.8xMedian 26.4x 94th
  • P/Operating cash flow 10.7xMedian 21.3x 92nd
  • P/S 1.15xMedian 2.88x 76th
  • P/B 1.48xMedian 2.30x 62nd
  • P/Tangible book 3.12xMedian 2.97x 48th
  • EV/EBITDA 11.1xMedian 17.5x 93rd
  • EV/EBIT 17.3xMedian 26.6x 93rd
  • EV/Revenue 1.71xMedian 3.14x 71st
  • EV/FCF 17.6xMedian 29.7x 89th
  • EV/Operating cash flow 16.0xMedian 21.1x 87th
  • PEG (3Y EPS CAGR) 2.14Median 0.89 30th
Peer group

Peer Comparison

Companies in the Medical Devices
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 TMO Thermo Fisher Scientific Inc. 265.71 Bn37.575.6141.37 Bn
2 ABT Abbott Laboratories 189.37 Bn40.283.9331.16 Bn
3 DHR Danaher Corp /De/ 164.78 Bn38.056.4326.48 Bn
4 ISRG Intuitive Surgical Inc 157.85 Bn53.3813.63-
5 MDT Medtronic plc 129.66 Bn24.793.4528.15 Bn
6 SYK Stryker Corp 121.82 Bn33.624.6314.93 Bn
7 BSX Boston Scientific Corp 63.42 Bn18.113.0111.95 Bn
8 CNMD CONMED Corp 1.51 Bn20.591.100.82 Bn