TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TFX - US8793691069 - Common Stock
121.89 USD
-2.61 (-2.1%)
121.89 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to TFX. TFX was compared to 184 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on TFX. 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.
Each year in the past 5 years TFX has been profitable.
Each year in the past 5 years TFX had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of -4.17%, TFX is doing good in the industry, outperforming 68.98% of the companies in the same industry.
TFX has a better Return On Equity (-8.58%) than 68.45% of its industry peers.
TFX's Return On Invested Capital of 6.93% is amongst the best of the industry. TFX outperforms 81.28% 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 8.82%.
| 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.
With an excellent Operating Margin value of 17.59%, TFX belongs to the best of the industry, outperforming 89.30% of the companies in the same industry.
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 49.73% 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.
The debt/assets ratio for TFX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.31 indicates that TFX is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.31, TFX is doing good in the industry, outperforming 64.17% of the companies in the same industry.
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 has a Debt to FCF ratio of 10.11. This is in the better half of the industry: TFX outperforms 72.19% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that TFX is somewhat dependend on debt financing.
TFX has a worse Debt to Equity ratio (0.67) than 65.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Altman-Z | 2.31 |
ROIC/WACC0.88
WACC7.87%
2.3 Liquidity
A Current Ratio of 2.57 indicates that TFX has no problem at all paying its short term obligations.
TFX has a Current ratio (2.57) which is in line with 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.
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.
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)5.43%
Revenue growth 3Y2.74%
Revenue growth 5Y3.26%
Sales Q2Q%19.45%
3.2 Future
The Earnings Per Share is expected to grow by 6.35% on average over the next years.
The Revenue is expected to grow by 6.90% on average over the next years.
EPS Next Y1.64%
EPS Next 2Y4.42%
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.58, the valuation of TFX can be described as very reasonable.
95.19% of the companies in the same industry are more expensive than TFX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.39, TFX is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.98, the valuation of TFX can be described as very cheap.
TFX's Price/Forward Earnings ratio is rather cheap when compared to the industry. TFX is cheaper than 97.86% of the companies in the same industry.
TFX is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.58 | ||
| Fwd PE | 7.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFX is valued cheaper than 93.05% 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 87.70% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.38 | ||
| EV/EBITDA | 9.13 |
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)5.22
PEG (5Y)1.84
EPS Next 2Y4.42%
EPS Next 3Y4.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.09%, 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 94.65% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, TFX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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.
As TFX did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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.
TFX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-18.59%
EPS Next 2Y4.42%
EPS Next 3Y4.48%
121.89
-2.61 (-2.1%)
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 Cap5.39B
Revenue(TTM)3.19B
Net Income(TTM)-327.97M
Analysts54.29
Price Target136.25 (11.78%)
Short Float %4.62%
Short Ratio3.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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)-4.53%
PT rev (3m)-4.45%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-5.93%
EPS NY rev (1m)0.47%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)-4.17%
Revenue NQ rev (3m)-6.37%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.58 | ||
| Fwd PE | 7.98 | ||
| P/S | 1.69 | ||
| P/FCF | 20.38 | ||
| P/OCF | 13.78 | ||
| P/B | 1.41 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.13 |
EPS(TTM)14.2
EY11.65%
EPS(NY)15.28
Fwd EY12.53%
FCF(TTM)5.98
FCFY4.91%
OCF(TTM)8.85
OCFY7.26%
SpS72.19
BVpS86.49
TBVpS-25.49
PEG (NY)5.22
PEG (5Y)1.84
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 | 2.31 |
F-Score5
WACC7.87%
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 Y1.64%
EPS Next 2Y4.42%
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 Year11.79%
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 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 8.58 and the Price/Book (PB) ratio is 1.41.
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 1.64% in the next year.