TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - NYSE:TFX - US8793691069 - Common Stock
109.4 USD
+0.89 (+0.82%)
109.4 USD
0 (0%)
Overall TFX gets a fundamental rating of 6 out of 10. We evaluated TFX against 189 industry peers in the Health Care Equipment & Supplies industry. While TFX has a great profitability rating, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on TFX. This makes TFX very considerable 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.
TFX had positive earnings in each of the past 5 years.
In the past 5 years TFX always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TFX (2.60%) is better than 76.19% of its industry peers.
With a decent Return On Equity value of 4.52%, TFX is doing good in the industry, outperforming 76.19% of the companies in the same industry.
TFX's Return On Invested Capital of 7.80% is amongst the best of the industry. TFX outperforms 85.71% 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 9.12%.
The last Return On Invested Capital (7.80%) for TFX is above the 3 year average (7.21%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 4.52% | ||
| ROIC | 7.8% |
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 has a Profit Margin of 6.31%. This is in the better half of the industry: TFX outperforms 77.78% of its industry peers.
TFX's Profit Margin has declined in the last couple of years.
TFX has a Operating Margin of 19.49%. This is amongst the best in the industry. TFX outperforms 92.06% of its industry peers.
TFX's Operating Margin has been stable in the last couple of years.
TFX has a Gross Margin (55.59%) which is in line with its industry peers.
TFX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.49% | ||
| PM (TTM) | 6.31% | ||
| GM | 55.59% |
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 just above the Cost of Capital (WACC), so TFX is still creating some value.
TFX has less shares outstanding than it did 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 2.58. 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.
The Altman-Z score of TFX (2.58) is better than 67.20% of its industry peers.
TFX has a debt to FCF ratio of 4.80. This is a neutral value as TFX would need 4.80 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.80, TFX is in the better half of the industry, outperforming 79.37% of the companies in the same industry.
A Debt/Equity ratio of 0.42 indicates that TFX is not too dependend on debt financing.
TFX has a Debt to Equity ratio (0.42) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 4.8 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.01
WACC7.75%
2.3 Liquidity
A Current Ratio of 2.41 indicates that TFX has no problem at all paying its short term obligations.
TFX has a Current ratio (2.41) which is comparable to the rest of the industry.
TFX has a Quick Ratio of 1.44. This is a normal value and indicates that TFX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.44, TFX is doing worse than 60.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 1.44 |
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.
The Revenue has been growing slightly by 2.45% in the past year.
Measured over the past years, TFX shows a small growth in Revenue. The Revenue has been growing by 3.26% on average per year.
EPS 1Y (TTM)5.19%
EPS 3Y1.67%
EPS 5Y4.67%
EPS Q2Q%5.16%
Revenue 1Y (TTM)2.45%
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.
Based on estimates for the next years, TFX will show a small growth in Revenue. The Revenue will grow by 7.54% on average per year.
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
With a Price/Earnings ratio of 7.70, the valuation of TFX can be described as very cheap.
95.24% of the companies in the same industry are more expensive than TFX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of TFX to the average of the S&P500 Index (25.83), we can say TFX is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.21, the valuation of TFX can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TFX indicates a rather cheap valuation: TFX is cheaper than 97.35% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TFX to the average of the S&P500 Index (32.68), we can say TFX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.7 | ||
| Fwd PE | 7.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFX is valued cheaply inside the industry as 93.65% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TFX indicates a rather cheap valuation: TFX is cheaper than 96.30% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.19 | ||
| EV/EBITDA | 7.44 |
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)6.6
PEG (5Y)1.65
EPS Next 2Y4.06%
EPS Next 3Y6.34%
5. Dividend
5.1 Amount
TFX has a Yearly Dividend Yield of 1.25%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.92, TFX pays a better dividend. On top of this TFX pays more dividend than 94.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, TFX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
5.2 History
The dividend of TFX has a limited annual growth rate of 0.04%.
TFX has been paying a dividend for at least 10 years, so it has 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
32.17% of the earnings are spent on dividend by TFX. This is a low number and sustainable payout ratio.
The dividend of TFX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP32.17%
EPS Next 2Y4.06%
EPS Next 3Y6.34%
109.4
+0.89 (+0.82%)
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 Change0.66%
Ins Owners0.3%
Ins Owner Change4.04%
Market Cap4.83B
Revenue(TTM)3.05B
Net Income(TTM)191.93M
Analysts54.29
Price Target142.71 (30.45%)
Short Float %4.22%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
Yearly Dividend1.36
Dividend Growth(5Y)0.04%
DP32.17%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.31%
Min EPS beat(2)-1.22%
Max EPS beat(2)9.84%
EPS beat(4)2
Avg EPS beat(4)2.55%
Min EPS beat(4)-1.22%
Max EPS beat(4)9.84%
EPS beat(8)6
Avg EPS beat(8)3.51%
EPS beat(12)10
Avg EPS beat(12)3.46%
EPS beat(16)14
Avg EPS beat(16)3.84%
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-0.8%
Max Revenue beat(2)0.22%
Revenue beat(4)1
Avg Revenue beat(4)-1.35%
Min Revenue beat(4)-3.16%
Max Revenue beat(4)0.22%
Revenue beat(8)3
Avg Revenue beat(8)-0.7%
Revenue beat(12)5
Avg Revenue beat(12)-0.44%
Revenue beat(16)7
Avg Revenue beat(16)-0.52%
PT rev (1m)0.08%
PT rev (3m)-4.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.41%
EPS NY rev (1m)0%
EPS NY rev (3m)4.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.7 | ||
| Fwd PE | 7.21 | ||
| P/S | 1.59 | ||
| P/FCF | 12.19 | ||
| P/OCF | 9.4 | ||
| P/B | 1.14 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.44 |
EPS(TTM)14.2
EY12.98%
EPS(NY)15.17
Fwd EY13.87%
FCF(TTM)8.97
FCFY8.2%
OCF(TTM)11.64
OCFY10.64%
SpS68.82
BVpS96.01
TBVpS-14.38
PEG (NY)6.6
PEG (5Y)1.65
Graham Number175.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 4.52% | ||
| ROCE | 8.9% | ||
| ROIC | 7.8% | ||
| ROICexc | 8.11% | ||
| ROICexgc | 34.04% | ||
| OM | 19.49% | ||
| PM (TTM) | 6.31% | ||
| GM | 55.59% | ||
| FCFM | 13.04% |
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 | 0.42 | ||
| Debt/FCF | 4.8 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 43.09% | ||
| Cap/Sales | 3.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.37% | ||
| Profit Quality | 206.56% | ||
| Current Ratio | 2.41 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 2.58 |
F-Score5
WACC7.75%
ROIC/WACC1.01
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)2.45%
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 1Y5.63%
EBIT growth 3Y-0.78%
EBIT growth 5Y4.24%
EBIT Next Year12.96%
EBIT Next 3Y11.13%
EBIT Next 5Y6.67%
FCF growth 1Y22.13%
FCF growth 3Y-4.23%
FCF growth 5Y8.62%
OCF growth 1Y25.21%
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 7 / 10.
What are the PE and PB ratios of TELEFLEX INC (TFX) stock?
The Price/Earnings (PE) ratio for TELEFLEX INC (TFX) is 7.7 and the Price/Book (PB) ratio is 1.14.
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.