TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TFX - US8793691069 - Common Stock
114.7 USD
+3.31 (+2.97%)
114.7 USD
0 (0%)
Overall TFX gets a fundamental rating of 6 out of 10. We evaluated TFX against 188 industry peers in the Health Care Equipment & Supplies industry. Both the profitability and the financial health of TFX get a neutral evaluation. Nothing too spectacular is happening here. TFX scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make TFX suitable for value investing!
1. Profitability
1.1 Basic Checks
TFX had positive earnings in the past year.
In the past year TFX had a positive cash flow from operations.
In the past 5 years TFX has always been profitable.
TFX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TFX has a Return On Assets of -4.17%. This is in the better half of the industry: TFX outperforms 69.15% of its industry peers.
TFX has a better Return On Equity (-8.58%) than 68.09% of its industry peers.
TFX's Return On Invested Capital of 6.93% is amongst the best of the industry. TFX outperforms 81.91% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TFX is in line with the industry average of 8.71%.
| 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
TFX's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 17.59%, TFX belongs to the top of the industry, outperforming 88.83% of the companies in the same industry.
TFX's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 53.67%, TFX perfoms like the industry average, outperforming 48.40% of the companies in the same industry.
In the last couple of years the Gross Margin of TFX has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TFX is destroying value.
The number of shares outstanding for TFX has been reduced compared to 1 year ago.
The number of shares outstanding for TFX has been reduced compared to 5 years ago.
TFX has a better debt/assets ratio than last year.
2.2 Solvency
TFX has an Altman-Z score of 2.24. 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 Altman-Z score of 2.24. This is in the better half of the industry: TFX outperforms 64.36% of its industry peers.
TFX has a debt to FCF ratio of 10.11. This is a negative value and a sign of low solvency as TFX would need 10.11 years to pay back of all of its debts.
TFX's Debt to FCF ratio of 10.11 is fine compared to the rest of the industry. TFX outperforms 72.34% of its industry peers.
TFX has a Debt/Equity ratio of 0.67. This is a neutral value indicating TFX is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.67, TFX is not doing good in the industry: 65.96% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Altman-Z | 2.24 |
ROIC/WACC0.9
WACC7.73%
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 50.53% of its industry peers.
TFX has a Quick Ratio of 1.53. This is a normal value and indicates that TFX is financially healthy and should not expect problems in meeting 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
The Earnings Per Share has been growing slightly by 5.19% over the past year.
TFX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.67% yearly.
Looking at the last year, TFX shows a small growth in Revenue. The Revenue has grown by 5.43% in the last year.
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 7.22% on average per year.
TFX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.54% yearly.
EPS Next Y1.17%
EPS Next 2Y4.06%
EPS Next 3Y6.34%
EPS Next 5Y7.22%
Revenue Next Year8.2%
Revenue Next 2Y9.38%
Revenue Next 3Y7.84%
Revenue Next 5Y7.54%
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
The Price/Earnings ratio is 8.08, which indicates a very decent valuation of TFX.
Based on the Price/Earnings ratio, TFX is valued cheaply inside the industry as 96.28% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.98. TFX is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.56 indicates a rather cheap valuation of TFX.
97.87% of the companies in the same industry are more expensive than TFX, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, TFX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.08 | ||
| Fwd PE | 7.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFX is valued cheaper than 93.62% 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 88.30% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.18 | ||
| EV/EBITDA | 8.58 |
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)6.92
PEG (5Y)1.73
EPS Next 2Y4.06%
EPS Next 3Y6.34%
5. Dividend
5.1 Amount
TFX has a Yearly Dividend Yield of 1.30%. Purely for dividend investing, there may be better candidates out there.
TFX's Dividend Yield is rather good when compared to the industry average which is at 1.73. TFX pays more dividend than 95.21% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, TFX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
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
TFX has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of TFX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-18.59%
EPS Next 2Y4.06%
EPS Next 3Y6.34%
114.7
+3.31 (+2.97%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners102.68%
Inst Owner Change5.1%
Ins Owners0.3%
Ins Owner Change1.36%
Market Cap5.07B
Revenue(TTM)3.19B
Net Income(TTM)-327.97M
Analysts54.29
Price Target136.25 (18.79%)
Short Float %4.18%
Short Ratio3.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
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)-4.45%
PT rev (3m)-4.45%
EPS NQ rev (1m)-5.83%
EPS NQ rev (3m)-5.9%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.13%
Revenue NQ rev (1m)-2.3%
Revenue NQ rev (3m)-2.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.08 | ||
| Fwd PE | 7.56 | ||
| P/S | 1.59 | ||
| P/FCF | 19.18 | ||
| P/OCF | 12.97 | ||
| P/B | 1.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.58 |
EPS(TTM)14.2
EY12.38%
EPS(NY)15.17
Fwd EY13.23%
FCF(TTM)5.98
FCFY5.22%
OCF(TTM)8.85
OCFY7.71%
SpS72.19
BVpS86.49
TBVpS-25.49
PEG (NY)6.92
PEG (5Y)1.73
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 | 2.24 |
F-Score5
WACC7.73%
ROIC/WACC0.9
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 Y1.17%
EPS Next 2Y4.06%
EPS Next 3Y6.34%
EPS Next 5Y7.22%
Revenue 1Y (TTM)5.43%
Revenue growth 3Y2.74%
Revenue growth 5Y3.26%
Sales Q2Q%19.45%
Revenue Next Year8.2%
Revenue Next 2Y9.38%
Revenue Next 3Y7.84%
Revenue Next 5Y7.54%
EBIT growth 1Y3.97%
EBIT growth 3Y-0.78%
EBIT growth 5Y4.24%
EBIT Next Year12.96%
EBIT Next 3Y11.13%
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 6 / 10 to TFX.
Can you provide the valuation status for TELEFLEX INC?
ChartMill assigns a valuation rating of 8 / 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 8.08 and the Price/Book (PB) ratio is 1.33.
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 1.17% in the next year.