Why is CONMED Corp. ?
1
Poor long term growth as Operating profit has grown by an annual rate 18.38% of over the last 5 years
2
The company has declared negative results in Mar'2025 after 3 consecutive positive quarters
- NET PROFIT(HY) At USD 27.05 MM has Grown at -45.97%
3
Below par performance in long term as well as near term
- Along with generating -40.05% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is CONMED Corp. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
CONMED Corp.
-40.05%
-0.96
42.37%
S&P 500
13.22%
0.65
20.20%
Quality key factors
Factor
Value
Sales Growth (5y)
8.88%
EBIT Growth (5y)
18.38%
EBIT to Interest (avg)
3.03
Debt to EBITDA (avg)
5.39
Net Debt to Equity (avg)
0.88
Sales to Capital Employed (avg)
0.67
Tax Ratio
18.26%
Dividend Payout Ratio
18.82%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
6.55%
ROE (avg)
7.82%
Valuation Key Factors 
Factor
Value
P/E Ratio
21
Industry P/E
Price to Book Value
1.92
EV to EBIT
19.37
EV to EBITDA
13.82
EV to Capital Employed
1.49
EV to Sales
2.09
PEG Ratio
9.49
Dividend Yield
130.84%
ROCE (Latest)
7.70%
ROE (Latest)
9.11%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
3What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at 84.55 %
RAW MATERIAL COST(Y)
Fallen by -0.53% (YoY
-3What is not working for the Company
NET PROFIT(HY)
At USD 27.05 MM has Grown at -45.97%
Here's what is working for CONMED Corp.
Debt-Equity Ratio
Lowest at 84.55 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -0.53% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for CONMED Corp.
Net Profit
At USD 27.05 MM has Grown at -45.97%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)






