TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TFX - US8793691069 - Common Stock
122.76 USD
0 (0%)
122.76 USD
0 (0%)
Taking everything into account, TFX scores 5 out of 10 in our fundamental rating. TFX was compared to 186 industry peers in the Health Care Equipment & Supplies industry. TFX has only an average score on both its financial health and profitability. TFX is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make TFX suitable for value investing!
1. Profitability
1.1 Basic Checks
TFX had positive earnings in the past year.
TFX had a positive operating cash flow in the past year.
In the past 5 years TFX has always been profitable.
In the past 5 years TFX always reported a positive cash flow from operatings.
1.2 Ratios
TFX has a better Return On Assets (-4.17%) than 69.35% of its industry peers.
TFX has a Return On Equity of -8.58%. This is in the better half of the industry: TFX outperforms 68.82% of its industry peers.
TFX has a Return On Invested Capital of 6.93%. This is amongst the best in the industry. TFX outperforms 81.72% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TFX is in line with the industry average of 8.84%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.17% | ||
| ROE | -8.58% | ||
| ROIC | 6.93% |
ROA(3y)3.65%
ROA(5y)4.54%
ROE(3y)6.23%
ROE(5y)8.33%
ROIC(3y)7.21%
ROIC(5y)7.23%
1.3 Margins
In the last couple of years the Profit Margin of TFX has declined.
Looking at the Operating Margin, with a value of 17.59%, TFX belongs to the top of the industry, outperforming 89.25% of the companies in the same industry.
In the last couple of years the Operating Margin of TFX has remained more or less at the same level.
TFX has a Gross Margin of 53.67%. This is comparable to the rest of the industry: TFX outperforms 49.46% of its industry peers.
TFX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.59% | ||
| PM (TTM) | N/A | ||
| GM | 53.67% |
OM growth 3Y-3.43%
OM growth 5Y0.95%
PM growth 3Y-49.04%
PM growth 5Y-33.65%
GM growth 3Y0.43%
GM growth 5Y-0.56%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TFX is destroying value.
TFX has less shares outstanding than it did 1 year ago.
TFX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TFX has been reduced compared to a year ago.
2.2 Solvency
TFX has an Altman-Z score of 2.32. This is not the best score and indicates that TFX is in the grey zone with still only limited risk for bankruptcy at the moment.
TFX has a better Altman-Z score (2.32) than 64.52% of its industry peers.
The Debt to FCF ratio of TFX is 10.11, which is on the high side as it means it would take TFX, 10.11 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.11, TFX is in the better half of the industry, outperforming 72.58% of the companies in the same industry.
A Debt/Equity ratio of 0.67 indicates that TFX is somewhat dependend on debt financing.
The Debt to Equity ratio of TFX (0.67) is worse than 66.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Altman-Z | 2.32 |
ROIC/WACC0.88
WACC7.86%
2.3 Liquidity
TFX has a Current Ratio of 2.57. This indicates that TFX is financially healthy and has no problem in meeting its short term obligations.
TFX's Current ratio of 2.57 is in line compared to the rest of the industry. TFX outperforms 53.23% of its industry peers.
A Quick Ratio of 1.53 indicates that TFX should not have too much problems paying its short term obligations.
The Quick ratio of TFX (1.53) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
TFX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.19%.
The Earnings Per Share has been growing slightly by 4.67% on average over the past years.
TFX shows a small growth in Revenue. In the last year, the Revenue has grown by 5.43%.
TFX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.26% yearly.
EPS 1Y (TTM)5.19%
EPS 3Y1.67%
EPS 5Y4.67%
EPS Q2Q%5.16%
Revenue 1Y (TTM)5.43%
Revenue growth 3Y2.74%
Revenue growth 5Y3.26%
Sales Q2Q%19.45%
3.2 Future
Based on estimates for the next years, TFX will show a small growth in Earnings Per Share. The EPS will grow by 6.35% on average per year.
Based on estimates for the next years, TFX will show a small growth in Revenue. The Revenue will grow by 6.90% on average per year.
EPS Next Y1.67%
EPS Next 2Y4.2%
EPS Next 3Y4.48%
EPS Next 5Y6.35%
Revenue Next Year7.68%
Revenue Next 2Y9.09%
Revenue Next 3Y7.44%
Revenue Next 5Y6.9%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.65 indicates a reasonable valuation of TFX.
Based on the Price/Earnings ratio, TFX is valued cheaper than 95.16% of the companies in the same industry.
TFX is valuated cheaply when we compare the Price/Earnings ratio to 26.84, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.07 indicates a reasonable valuation of TFX.
TFX's Price/Forward Earnings ratio is rather cheap when compared to the industry. TFX is cheaper than 97.85% of the companies in the same industry.
TFX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 8.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFX is valued cheaper than 93.01% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TFX indicates a rather cheap valuation: TFX is cheaper than 89.25% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.52 | ||
| EV/EBITDA | 9.17 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TFX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.17
PEG (5Y)1.85
EPS Next 2Y4.2%
EPS Next 3Y4.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.11%, TFX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.20, TFX pays a better dividend. On top of this TFX pays more dividend than 94.62% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, TFX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
The dividend of TFX has a limited annual growth rate of 0.04%.
TFX has paid a dividend for at least 10 years, which is a reliable track record.
TFX has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.04%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
The earnings of TFX are negative and hence is the payout ratio. TFX will probably not be able to sustain this dividend level.
TFX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-18.59%
EPS Next 2Y4.2%
EPS Next 3Y4.48%
122.76
0 (0%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners107.95%
Inst Owner Change5.1%
Ins Owners0.3%
Ins Owner Change1.36%
Market Cap5.42B
Revenue(TTM)3.19B
Net Income(TTM)-327.97M
Analysts54.29
Price Target140.78 (14.68%)
Short Float %4.62%
Short Ratio3.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
Yearly Dividend1.36
Dividend Growth(5Y)0.04%
DP-18.59%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.63%
Min EPS beat(2)7.42%
Max EPS beat(2)9.84%
EPS beat(4)2
Avg EPS beat(4)3.94%
Min EPS beat(4)-1.22%
Max EPS beat(4)9.84%
EPS beat(8)6
Avg EPS beat(8)3.15%
EPS beat(12)10
Avg EPS beat(12)3.75%
EPS beat(16)14
Avg EPS beat(16)3.38%
Revenue beat(2)2
Avg Revenue beat(2)0.74%
Min Revenue beat(2)0.22%
Max Revenue beat(2)1.26%
Revenue beat(4)2
Avg Revenue beat(4)-0.62%
Min Revenue beat(4)-3.16%
Max Revenue beat(4)1.26%
Revenue beat(8)3
Avg Revenue beat(8)-0.64%
Revenue beat(12)6
Avg Revenue beat(12)-0.2%
Revenue beat(16)8
Avg Revenue beat(16)-0.4%
PT rev (1m)3.33%
PT rev (3m)-1.27%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-5.93%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)-5.51%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 8.07 | ||
| P/S | 1.7 | ||
| P/FCF | 20.52 | ||
| P/OCF | 13.88 | ||
| P/B | 1.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.17 |
EPS(TTM)14.2
EY11.57%
EPS(NY)15.21
Fwd EY12.39%
FCF(TTM)5.98
FCFY4.87%
OCF(TTM)8.85
OCFY7.21%
SpS72.19
BVpS86.49
TBVpS-25.49
PEG (NY)5.17
PEG (5Y)1.85
Graham Number166.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.17% | ||
| ROE | -8.58% | ||
| ROCE | 7.91% | ||
| ROIC | 6.93% | ||
| ROICexc | 7.3% | ||
| ROICexgc | 27.39% | ||
| OM | 17.59% | ||
| PM (TTM) | N/A | ||
| GM | 53.67% | ||
| FCFM | 8.29% |
ROA(3y)3.65%
ROA(5y)4.54%
ROE(3y)6.23%
ROE(5y)8.33%
ROIC(3y)7.21%
ROIC(5y)7.23%
ROICexc(3y)7.52%
ROICexc(5y)7.62%
ROICexgc(3y)37.85%
ROICexgc(5y)40.71%
ROCE(3y)8.23%
ROCE(5y)8.25%
ROICexgc growth 3Y-9.53%
ROICexgc growth 5Y0.44%
ROICexc growth 3Y-3.04%
ROICexc growth 5Y1.71%
OM growth 3Y-3.43%
OM growth 5Y0.95%
PM growth 3Y-49.04%
PM growth 5Y-33.65%
GM growth 3Y0.43%
GM growth 5Y-0.56%
F-Score5
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Debt/EBITDA | 3.05 | ||
| Cap/Depr | 44.78% | ||
| Cap/Sales | 3.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 46.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z | 2.32 |
F-Score5
WACC7.86%
ROIC/WACC0.88
Cap/Depr(3y)39.38%
Cap/Depr(5y)37.65%
Cap/Sales(3y)3.35%
Cap/Sales(5y)3.24%
Profit Quality(3y)307.01%
Profit Quality(5y)228.72%
High Growth Momentum
Growth
EPS 1Y (TTM)5.19%
EPS 3Y1.67%
EPS 5Y4.67%
EPS Q2Q%5.16%
EPS Next Y1.67%
EPS Next 2Y4.2%
EPS Next 3Y4.48%
EPS Next 5Y6.35%
Revenue 1Y (TTM)5.43%
Revenue growth 3Y2.74%
Revenue growth 5Y3.26%
Sales Q2Q%19.45%
Revenue Next Year7.68%
Revenue Next 2Y9.09%
Revenue Next 3Y7.44%
Revenue Next 5Y6.9%
EBIT growth 1Y3.97%
EBIT growth 3Y-0.78%
EBIT growth 5Y4.24%
EBIT Next Year11.77%
EBIT Next 3Y7.77%
EBIT Next 5Y6.67%
FCF growth 1Y-30.38%
FCF growth 3Y-4.23%
FCF growth 5Y8.62%
OCF growth 1Y-16.82%
OCF growth 3Y-0.81%
OCF growth 5Y7.66%
TELEFLEX INC / TFX FAQ
What is the ChartMill fundamental rating of TELEFLEX INC (TFX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TFX.
Can you provide the valuation status for TELEFLEX INC?
ChartMill assigns a valuation rating of 7 / 10 to TELEFLEX INC (TFX). This can be considered as Undervalued.
What is the profitability of TFX stock?
TELEFLEX INC (TFX) has a profitability rating of 6 / 10.
What are the PE and PB ratios of TELEFLEX INC (TFX) stock?
The Price/Earnings (PE) ratio for TELEFLEX INC (TFX) is 8.65 and the Price/Book (PB) ratio is 1.42.
What is the expected EPS growth for TELEFLEX INC (TFX) stock?
The Earnings per Share (EPS) of TELEFLEX INC (TFX) is expected to grow by 1.67% in the next year.