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 189 industry peers in the Health Care Equipment & Supplies industry. TFX has only an average score on both its financial health and profitability. 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.
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
With a decent Return On Assets value of -4.17%, TFX is doing good in the industry, outperforming 67.72% of the companies in the same industry.
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 Return On Invested Capital of 6.93%. This is amongst the best in the industry. TFX outperforms 81.48% 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 8.99%.
| 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 87.83% of the companies in the same industry.
In the last couple of years the Operating Margin of TFX has remained more or less at the same level.
TFX has a Gross Margin (53.67%) which is comparable to the rest of the 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.
TFX has less shares outstanding than it did 1 year ago.
TFX has less shares outstanding than it did 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 2.23 indicates that TFX is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.23, TFX is in the better half of the industry, outperforming 65.08% 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.
With a decent Debt to FCF ratio value of 10.11, TFX is doing good in the industry, outperforming 72.49% of the companies in the same industry.
A Debt/Equity ratio of 0.67 indicates that TFX is somewhat dependend on debt financing.
The Debt to Equity ratio of TFX (0.67) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Altman-Z | 2.23 |
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.
TFX has a Current ratio of 2.57. This is comparable to the rest of the industry: TFX outperforms 51.32% 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.
With a Quick ratio value of 1.53, TFX perfoms like the industry average, outperforming 41.80% of the companies in the same industry.
| 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%.
Measured over the past 5 years, TFX shows a small growth in Earnings Per Share. The EPS has been growing by 4.67% on average per year.
TFX shows a small growth in Revenue. In the last year, the Revenue has grown by 5.43%.
The Revenue has been growing slightly by 3.26% on average over the past years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
TFX is valuated cheaply with a Price/Earnings ratio of 7.54.
Based on the Price/Earnings ratio, TFX is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
TFX is valuated cheaply when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.05, the valuation of TFX can be described as very cheap.
Based on the Price/Forward Earnings ratio, TFX is valued cheaper than 97.88% of the companies in the same industry.
TFX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.54 | ||
| Fwd PE | 7.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFX is valued cheaply inside the industry as 93.12% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TFX is valued cheaply inside the industry as 87.83% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.89 | ||
| EV/EBITDA | 8.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
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 94.71% 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 2.42.
| 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 paid a dividend for at least 10 years, which is 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.
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 Change1.93%
Ins Owners0.3%
Ins Owner Change1.36%
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)0%
EPS NQ rev (3m)-0.8%
EPS NY rev (1m)0%
EPS NY rev (3m)4.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.1%
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 | 8.48 |
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 | 2.23 |
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.