MASI Masimo Corporation
Exchange
NASDAQSector
Health CareIndustry
Biotechnology: Electromedical & Electrotherapeutic ApparatusMarket Cap.
1.259B
Varying Cash Return on Invested Capital over the past 5 years
MASI has efficiently invested its financial resources in buildings, projects, and equipment, resulting in strong returns.
However, there is a substantial variation in their Cash ROIC from year-to-year.
This company may have unreliable free cash flow or operates in a business where invested capital costs increase substantially on a sporadic basis.
Look at reasons for this inconsistency to determine the likelihood of future sustainability.
MASI has created $46.47 of cash for every $100 invested.
MASI has created $46.47 of cash for every $100 invested.
Figures in USD. Fiscal year ends in December
| 2007 | 2008 | 2009 | 2010 | 2011 | ||||||
| Free Cash Flow | 21.86M | 68.80M | 43.49M | 51.46M | 71.45M | |||||
| divided by | ||||||||||
| Invested Capital | 76.97M | 80.79M | 107.86M | 151.73M | 160.27M | |||||
| Cash ROIC | 28.40% | 85.16% | 40.32% | 33.91% | 44.58% | |||||
Excellent Return on Equity over the past 5 years
Over the past 5 years, MASI has generated strong profits with money shareholders have invested.
This is considered one of the best indicators of quality management. Beware of extremely high Return on Equity (> 50%) as this is often unsustainable.
MASI has generated $23.29 of Earnings for every $100 of Shareholders' Equity.
MASI has generated $23.29 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in December
| 2007 | 2008 | 2009 | 2010 | 2011 | ||||||
| Net Income | 42.26M | 31.93M | 53.23M | 73.53M | 63.70M | |||||
| divided by | ||||||||||
| Stockholders' Equity | 150.07M | 219.39M | 288.71M | 227.65M | 276.83M | |||||
| Return on Equity | 28.16% | 14.55% | 18.44% | 32.30% | 23.01% | |||||
Mediocre Business Performance over the past 10 years
MASI isn't a strong business and might be consistently attempting to fuel growth with debt or has trouble staying profitable.
The lack of predictability in free cash flow should be concerning for the reliability of future earnings.
MASI has been unable to consistently create value for shareholders.
MASI has been unable to consistently create value for shareholders.
Figures in USD. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Free Cash Flow | - | - | - | -1.87M | 182.66M | 21.86M | 68.80M | 43.49M | 51.46M | 71.45M |