Exactech

Exactech, Inc. develops, manufactures, markets, distributes and sells orthopedic implant devices, related surgical instrumentation and biologic services to hospitals and physicians in the United States and internationally. The Company's operating segments are represented by its major product lines: knee implants, hip implants, biologics and spine, extremity implants and other products. Its other products segment includes miscellaneous sales categories, such as surgical instruments held for sale, bone cement, instrument rental fees, shipping charges, and other implant product lines. The Company manufactures some components of its knee, extremity, and hip joint replacement systems at its facility in Gainesville, Florida. Its joint replacement products are used by orthopedic surgeons to repair or replace joints that have deteriorated as a result of injury or disease. Its spinal implants are used as an adjunct to the fusion of vertebrae in the treatment of spinal disease and deformity.
Type
Public
HQ
Gainesville, US
Founded
1985
Size (employees)
733 (est)+9%
Website
exac.com
Exactech was founded in 1985 and is headquartered in Gainesville, US

Exactech Office Locations

Exactech has offices in Gainesville, Capinghem, Bella Vista, Chūō-ku and in 10 other locations
Gainesville, US (HQ)
2320 Nw 66 Ct
Ostwald, FR
Rue D'illkirch
Redditch, GB
Grosvenor House Prospect Hill
Kiel, DE
193 Werftstraße
Zhubei City, TW
2 Section 2, Shengyi Rd
Caledonia, CA
322 Argyle St S
Bern, CH
5 Weltpoststrasse
La Tronche, FR
5 Avenue Du Grand Sablon
Chūō Ku, JP
第2三木ビル
Bella Vista, AU
2 14 Lexington Dr
Capinghem, FR
Rue De La Zamin

Exactech Data and Metrics

Exactech Financial Metrics

Exactech's revenue was reported to be $257.6 m in FY, 2016
Numbers are in $, USD

Revenue (FY, 2016)

257.6 m

Revenue growth (FY, 2015 - FY, 2016), %

7%

Gross profit (FY, 2016)

177.3 m

Gross profit margin (FY, 2016), %

69%

Net income (FY, 2016)

162 k

EBIT (FY, 2016)

7.6 m

Market capitalization (22-Jun-2017)

443 m

Closing share price (22-Jun-2017)

30.4

Cash (31-Dec-2016)

13.1 m

EV

449.9 m
Exactech's current market capitalization is $443 m.
FY, 2013FY, 2014Y, 2015FY, 2016

Revenue

237.1 m248.4 m241.8 m257.6 m

Revenue growth, %

5%(3%)7%

Cost of goods sold

73 m74.2 m73.6 m80.3 m

Gross profit

164.1 m174.1 m168.2 m177.3 m

Gross profit Margin, %

69%70%70%69%

Operating expense total

140.1 m147.9 m145.9 m169.7 m

EBIT

23.9 m26.3 m22.3 m7.6 m

EBIT margin, %

10%11%9%3%

Interest expense

1.2 m1.1 m1.3 m1 m

Interest income

8 k16 k9 k15 k

Net Income

15.4 m16.5 m14.8 m162 k
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

6 m10.1 m12.7 m13.1 m

Accounts Receivable

59.1 m50.7 m52.4 m53.1 m

Inventories

71.6 m72.8 m71.4 m65.3 m

Current Assets

142.6 m139.2 m141.4 m143.1 m

Goodwill

13.5 m13.1 m18.9 m13.8 m

Total Assets

261.8 m261 m277.2 m294.2 m

Accounts Payable

16.3 m13.6 m13.9 m17.6 m

Total Debt

26.3 m23.3 m20 m

Current Liabilities

30.5 m26.2 m24.8 m33.1 m

Non-Current Liabilities

38.9 m23.5 m24 m26.9 m

Total Liabilities

69.4 m49.7 m48.9 m60 m

Additional Paid-in Capital

69.2 m76.1 m82 m87.3 m

Retained Earnings

127 m143.5 m158.3 m158.4 m

Total Equity

192.4 m211.4 m228.4 m234.2 m

Debt to Equity Ratio

0.1 x0.1 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

1.4 x1.2 x1.2 x1.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

15.4 m16.5 m14.8 m162 k

Depreciation and Amortization

17.6 m18.5 m16.9 m18 m

Accounts Receivable

(11 m)6.4 m(3.1 m)(2.1 m)

Inventories

(9.7 m)(9.1 m)(6.9 m)(16 m)

Accounts Payable

910 k(2.7 m)(1.2 m)2.4 m

Cash From Operating Activities

16.7 m32 m28.1 m30 m

Purchases of PP&E

(15.3 m)(18.2 m)(19.5 m)(30.1 m)

Cash From Investing Activities

(15.7 m)(18.6 m)(20.5 m)(33.7 m)

Cash From Financing Activities

(751 k)(8.8 m)(4.7 m)4.2 m

Interest Paid

1 m1.1 m878 k574 k

Income Taxes Paid

8.9 m9.2 m7.4 m9.4 m
Y, 2016

EV/EBIT

59 x

EV/CFO

15 x

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x

Exactech Market Value History

Exactech Revenue Breakdown

Exactech Online and Social Media Presence

Exactech Company Life and Culture

You may also be interested in