TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - NYSE:TFX - US8793691069 - Common Stock
107 USD
-2.44 (-2.23%)
107 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TFX. TFX was compared to 188 industry peers in the Health Care Equipment & Supplies industry. TFX has only an average score on both its financial health and profitability. TFX may be a bit undervalued, certainly considering the very reasonable score on growth This makes TFX very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year TFX was profitable.
TFX had a positive operating cash flow in the past year.
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 67.72% of its industry peers.
TFX's Return On Equity of -8.58% is fine compared to the rest of the industry. TFX outperforms 67.20% of its industry peers.
TFX has a better Return On Invested Capital (6.93%) than 81.48% of its industry peers.
TFX had an Average Return On Invested Capital over the past 3 years of 7.21%. This is in line with the industry average of 8.98%.
| 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.
TFX's Operating Margin of 17.59% is amongst the best of the industry. TFX outperforms 87.83% of its industry peers.
TFX's Operating Margin has been stable in the last couple of years.
TFX has a Gross Margin of 53.67%. This is comparable to the rest of the industry: TFX outperforms 48.15% of its industry peers.
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
TFX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TFX has less shares outstanding
The number of shares outstanding for TFX has been reduced compared to 5 years ago.
Compared to 1 year ago, TFX has an improved debt to assets ratio.
2.2 Solvency
TFX has an Altman-Z score of 2.22. 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.
Looking at the Altman-Z score, with a value of 2.22, TFX is in the better half of the industry, outperforming 64.02% of the companies in the same industry.
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.
TFX has a Debt to FCF ratio of 10.11. This is in the better half of the industry: TFX outperforms 72.49% 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.
Looking at the Debt to Equity ratio, with a value of 0.67, TFX is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.89
WACC7.76%
2.3 Liquidity
A Current Ratio of 2.57 indicates that TFX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.57, TFX is in line with its industry, outperforming 51.32% of the companies in the same industry.
A Quick Ratio of 1.53 indicates that TFX should not have too much problems paying its short term obligations.
TFX has a Quick ratio of 1.53. This is comparable to the rest of the industry: TFX outperforms 42.33% of its industry peers.
| 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.
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
TFX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.22% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 7.54, 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.
The average S&P500 Price/Earnings ratio is at 25.89. TFX is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.05, which indicates a rather cheap valuation of TFX.
TFX's Price/Forward Earnings ratio is rather cheap when compared to the industry. TFX is cheaper than 97.88% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, TFX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 7.05 |
4.2 Price Multiples
TFX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TFX is cheaper than 92.59% of the companies in the same industry.
TFX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TFX is cheaper than 88.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.89 | ||
| EV/EBITDA | 8.35 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TFX does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of TFX may justify a higher PE ratio.
PEG (NY)6.45
PEG (5Y)1.61
EPS Next 2Y4.06%
EPS Next 3Y6.34%
5. Dividend
5.1 Amount
TFX has a Yearly Dividend Yield of 1.24%.
TFX's Dividend Yield is rather good when compared to the industry average which is at 1.69. TFX pays more dividend than 95.24% of the companies in the same industry.
With a Dividend Yield of 1.24, TFX pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
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
The earnings of TFX are negative and hence is the payout ratio. TFX will probably not be able to sustain this dividend level.
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%
107
-2.44 (-2.23%)
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 Change4.97%
Ins Owners0.3%
Ins Owner Change2.7%
Market Cap4.73B
Revenue(TTM)3.19B
Net Income(TTM)-327.97M
Analysts54.29
Price Target142.71 (33.37%)
Short Float %4.22%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
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)0.08%
PT rev (3m)-0.24%
EPS NQ rev (1m)-2.1%
EPS NQ rev (3m)-2.16%
EPS NY rev (1m)0%
EPS NY rev (3m)4.66%
Revenue NQ rev (1m)-1.71%
Revenue NQ rev (3m)-1.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 7.05 | ||
| P/S | 1.48 | ||
| P/FCF | 17.89 | ||
| P/OCF | 12.09 | ||
| P/B | 1.24 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.35 |
EPS(TTM)14.2
EY13.27%
EPS(NY)15.17
Fwd EY14.18%
FCF(TTM)5.98
FCFY5.59%
OCF(TTM)8.85
OCFY8.27%
SpS72.19
BVpS86.49
TBVpS-25.49
PEG (NY)6.45
PEG (5Y)1.61
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 | 2.22 |
F-Score5
WACC7.76%
ROIC/WACC0.89
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 7.54 and the Price/Book (PB) ratio is 1.24.
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.