Is CONMED Corp (CNMD) Halal?

NYSE Healthcare United States $1.1B
✗ NOT HALAL
Confidence: 90/100
CONMED Corp (CNMD) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 67.6% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. CONMED Corp operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 67.6%
/ 30%
3.3%
/ 30%
20.1%
/ 30%
0.03%
/ 5%
✗ NOT HALAL
DJIM 67.6%
/ 33%
3.3%
/ 33%
20.1%
/ 33%
0.03%
/ 5%
✗ NOT HALAL
MSCI 35.9%
/ 33%
1.8%
/ 33%
10.7%
/ 33%
0.03%
/ 5%
✗ NOT HALAL
S&P 67.6%
/ 33%
3.3%
/ 33%
20.1%
/ 33%
0.03%
/ 5%
✗ NOT HALAL
FTSE 35.9%
/ 33%
1.8%
/ 33%
10.7%
/ 50%
0.03%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
22.9
Forward: 7.0
EPS
$1.51
Dividend Yield
231.0%
Payout: 39.7%
P/B Ratio
1.0
EV/EBITDA
9.5
EV: $1.9B
Revenue
$1.4B
Growth: 7.9%
Beta
0.9
Average volatility
Current Ratio
2.1

Profitability

Gross Margin 53.9%
Operating Margin 7.3%
Net Margin 3.4%
Return on Equity (ROE) 4.7%
Return on Assets (ROA) 3.5%

Cash Flow & Balance Sheet

Operating Cash Flow$171M
Free Cash Flow$151M
Total Debt$835M
Debt-to-Equity85.9
Current Ratio2.1
Total Assets$2.3B

Price & Trading

Last Close$36.64
50-Day MA$40.63
200-Day MA$46.02
Avg Volume555K
Beta0.9
52-Week Range
$34.54
$61.13

About CONMED Corp (CNMD)

CEO
Mr. Patrick J. Beyer
Employees
3,900
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NYSE
Market Cap
$1.1B
Currency
USD

CONMED Corporation, a medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures. The company offers orthopedic surgery products, including BioBrace, TruShot with Y-Knot All-In-One Soft Tissue Fixation System, Y-knot All-Suture Anchors, and Agro Knotless Suture Anchors, which provide clinical solutions to orthopedic surgeons for the augmentation and repair of soft tissue injuries, as well as supporting products include powered resection instruments , fluid management, and visualization systems and the related single-use products that enable surgeons to perform minimally invasive sports medicine surgeries. It also provides battery-powered, autoclavable, large, and small bone power tool systems for use in orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries under the Hall surgical brand name. In addition, the company offers general surgery products, such as clinical insufflation systems under the AirSeal brand; smoke removal devices under the Buffalo Filter brand; endomechanical products, including the Anchor1 line of tissue retrieval bags, trocars, suction irrigation devices, graspers, scissors, and dissectors, used in minimally invasive surgeries; and electrosurgical solution comprise monopolar and bipolar generators, argon beam coagulation generators, handpieces, smoke management systems, and other accessories. Further, it provides endoscopic technologies, including therapeutic and diagnostic products for use in gastroenterology procedures, and products to treat diseases of dilation, hemostasis, biliary, stricture management, infection prevention, and patient monitoring include ECG electrodes, EEG electrodes, and cardiac defibrillation pads. It markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. The company was incorporated in 1970 and is headquartered in Largo, Florida.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is CONMED Corp (CNMD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CONMED Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is CONMED Corp's debt ratio?

CONMED Corp's debt ratio is 67.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 35.9%.

What are CONMED Corp's key financial metrics?

CONMED Corp has a market capitalization of $1.1B, trailing P/E ratio of 22.9, and revenue of $1.4B. The company maintains a gross margin of 53.9% and a net margin of 3.4%. Return on equity stands at 4.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.