TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - NYSE:TFX - US8793691069 - Common Stock
104.64 USD
-1.06 (-1%)
104.64 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 an average financial health and profitability rating. TFX scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, TFX could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year TFX was profitable.
In the past year TFX had a positive cash flow from operations.
In the past 5 years TFX has always been profitable.
Each year in the past 5 years TFX had a positive operating cash flow.
1.2 Ratios
TFX has a better Return On Assets (-4.17%) than 68.62% of its industry peers.
TFX has a Return On Equity of -8.58%. This is in the better half of the industry: TFX outperforms 68.09% of its industry peers.
The Return On Invested Capital of TFX (6.93%) is better than 81.38% 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
In the last couple of years the Profit Margin of TFX has declined.
TFX has a better Operating Margin (17.59%) than 87.77% of its industry peers.
TFX's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 53.67%, TFX is in line with its industry, outperforming 47.87% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TFX is destroying value.
The number of shares outstanding for TFX has been reduced compared to 1 year ago.
Compared to 5 years ago, TFX has less shares outstanding
Compared to 1 year ago, TFX has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.20 indicates that TFX is not a great score, but indicates only limited risk for bankruptcy at the moment.
TFX has a better Altman-Z score (2.20) than 65.43% 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.
TFX has a better Debt to FCF ratio (10.11) than 72.34% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that TFX is somewhat dependend on debt financing.
TFX's Debt to Equity ratio of 0.67 is on the low side compared to the rest of the industry. TFX is outperformed by 67.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.9
WACC7.73%
2.3 Liquidity
A Current Ratio of 2.57 indicates that TFX has no problem at all paying its short term obligations.
With a Current ratio value of 2.57, TFX perfoms like the industry average, outperforming 49.47% 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 40.96% of its industry peers.
| 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.
The Revenue is expected to grow by 7.54% on average over the next years.
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
With a Price/Earnings ratio of 7.37, the valuation of TFX can be described as very cheap.
Based on the Price/Earnings ratio, TFX is valued cheaply inside the industry as 95.74% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.07. TFX is valued rather cheaply when compared to this.
TFX is valuated cheaply with a Price/Forward Earnings ratio of 6.90.
Based on the Price/Forward Earnings ratio, TFX is valued cheaper than 97.87% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.08, TFX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.37 | ||
| Fwd PE | 6.9 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFX is valued cheaply inside the industry as 92.55% of the companies are valued more expensively.
TFX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TFX is cheaper than 88.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.49 | ||
| EV/EBITDA | 8.22 |
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.
TFX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)6.31
PEG (5Y)1.58
EPS Next 2Y4.06%
EPS Next 3Y6.34%
5. Dividend
5.1 Amount
TFX has a Yearly Dividend Yield of 1.24%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.69, TFX pays a better dividend. On top of this TFX pays more dividend than 95.21% of the companies listed 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
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%
104.64
-1.06 (-1%)
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 Cap4.62B
Revenue(TTM)3.19B
Net Income(TTM)-327.97M
Analysts54.29
Price Target142.71 (36.38%)
Short Float %4.18%
Short Ratio3.03
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 | 7.37 | ||
| Fwd PE | 6.9 | ||
| P/S | 1.45 | ||
| P/FCF | 17.49 | ||
| P/OCF | 11.83 | ||
| P/B | 1.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.22 |
EPS(TTM)14.2
EY13.57%
EPS(NY)15.17
Fwd EY14.5%
FCF(TTM)5.98
FCFY5.72%
OCF(TTM)8.85
OCFY8.45%
SpS72.19
BVpS86.49
TBVpS-25.49
PEG (NY)6.31
PEG (5Y)1.58
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 | 2.2 |
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 7.37 and the Price/Book (PB) ratio is 1.21.
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.