TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TFX - US8793691069 - Common Stock
122.76 USD
+0.43 (+0.35%)
122.76 USD
0 (0%)
Overall TFX gets a fundamental rating of 5 out of 10. We evaluated TFX against 186 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. TFX may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make TFX suitable 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.
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
TFX has a better Return On Assets (-4.17%) than 69.35% of its industry peers.
TFX's Return On Equity of -8.58% is fine compared to the rest of the industry. TFX outperforms 68.82% of its industry peers.
TFX has a Return On Invested Capital of 6.93%. This is amongst the best in the industry. TFX outperforms 81.72% 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 8.82%.
| 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 89.25% 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 49.46% of its industry peers.
TFX's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 5 years ago, TFX has less shares outstanding
TFX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.32 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 (2.32) than 64.52% 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's Debt to FCF ratio of 10.11 is fine compared to the rest of the industry. TFX outperforms 72.58% 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.
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 66.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 10.11 | ||
| Altman-Z | 2.32 |
ROIC/WACC0.88
WACC7.86%
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.
TFX has a Quick ratio (1.53) which is in line with 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%.
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.
The Revenue has been growing slightly by 5.43% 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)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 6.35% yearly.
TFX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.90% yearly.
EPS Next Y1.67%
EPS Next 2Y4.2%
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.
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
TFX is valuated reasonably with a Price/Earnings ratio of 8.65.
Compared to the rest of the industry, the Price/Earnings ratio of TFX indicates a rather cheap valuation: TFX is cheaper than 95.16% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TFX to the average of the S&P500 Index (26.57), we can say TFX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.07, the valuation of TFX can be described as reasonable.
97.85% of the companies in the same industry are more expensive than TFX, based on the Price/Forward Earnings ratio.
TFX is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 8.07 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TFX indicates a rather cheap valuation: TFX is cheaper than 93.01% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, TFX is valued cheaply inside the industry as 89.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.52 | ||
| EV/EBITDA | 9.17 |
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)5.17
PEG (5Y)1.85
EPS Next 2Y4.2%
EPS Next 3Y4.48%
5. Dividend
5.1 Amount
TFX has a Yearly Dividend Yield of 1.11%. Purely for dividend investing, there may be better candidates out there.
TFX's Dividend Yield is rather good when compared to the industry average which is at 0.20. TFX pays more dividend than 94.62% of the companies in the same industry.
With a Dividend Yield of 1.11, TFX pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
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.
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 2Y4.2%
EPS Next 3Y4.48%
122.76
+0.43 (+0.35%)
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 Cap5.42B
Revenue(TTM)3.19B
Net Income(TTM)-327.97M
Analysts54.29
Price Target140.78 (14.68%)
Short Float %4.62%
Short Ratio3.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
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)3.33%
PT rev (3m)-1.27%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-5.93%
EPS NY rev (1m)0.5%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)0.92%
Revenue NQ rev (3m)-5.51%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.65 | ||
| Fwd PE | 8.07 | ||
| P/S | 1.7 | ||
| P/FCF | 20.52 | ||
| P/OCF | 13.88 | ||
| P/B | 1.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.17 |
EPS(TTM)14.2
EY11.57%
EPS(NY)15.21
Fwd EY12.39%
FCF(TTM)5.98
FCFY4.87%
OCF(TTM)8.85
OCFY7.21%
SpS72.19
BVpS86.49
TBVpS-25.49
PEG (NY)5.17
PEG (5Y)1.85
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 | 2.32 |
F-Score5
WACC7.86%
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 Y1.67%
EPS Next 2Y4.2%
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 Year11.77%
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 5 / 10 to TFX.
Can you provide the valuation status for TELEFLEX INC?
ChartMill assigns a valuation rating of 7 / 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 8.65 and the Price/Book (PB) ratio is 1.42.
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 1.67% in the next year.