INTEGER HOLDINGS CORP (ITGR) Stock Fundamental Analysis
NYSE:ITGR - New York Stock Exchange, Inc. - US45826H1095 - Common Stock - Currency: USD
ITGR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 187 industry peers in the Health Care Equipment & Supplies industry. ITGR has an excellent profitability rating, but there are some minor concerns on its financial health. ITGR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ITGR was profitable.
ITGR had a positive operating cash flow in the past year.
Each year in the past 5 years ITGR has been profitable.
Each year in the past 5 years ITGR had a positive operating cash flow.
1.2 Ratios
ITGR has a Return On Assets of 2.95%. This is in the better half of the industry: ITGR outperforms 78.07% of its industry peers.
ITGR has a better Return On Equity (6.06%) than 80.75% of its industry peers.
ITGR's Return On Invested Capital of 7.52% is amongst the best of the industry. ITGR outperforms 84.49% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ITGR is below the industry average of 7.89%.
The 3 year average ROIC (5.52%) for ITGR is below the current ROIC(7.52%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.95% | ||
| ROE | 6.06% | ||
| ROIC | 7.52% |
ROA(3y)3.12%
ROA(5y)3.27%
ROE(3y)6.02%
ROE(5y)6.26%
ROIC(3y)5.52%
ROIC(5y)4.86%
1.3 Margins
ITGR's Profit Margin of 4.52% is fine compared to the rest of the industry. ITGR outperforms 75.94% of its industry peers.
In the last couple of years the Profit Margin of ITGR has declined.
The Operating Margin of ITGR (12.95%) is better than 80.21% of its industry peers.
ITGR's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 27.02%, ITGR is doing worse than 77.01% of the companies in the same industry.
ITGR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.95% | ||
| PM (TTM) | 4.52% | ||
| GM | 27.02% |
OM growth 3Y11.29%
OM growth 5Y-0.7%
PM growth 3Y-4.13%
PM growth 5Y-1.82%
GM growth 3Y-0.89%
GM growth 5Y-0.98%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ITGR is destroying value.
Compared to 1 year ago, ITGR has more shares outstanding
The number of shares outstanding for ITGR has been increased compared to 5 years ago.
The debt/assets ratio for ITGR has remained at the same level compared to a year ago.
2.2 Solvency
ITGR has an Altman-Z score of 2.95. This is not the best score and indicates that ITGR is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of ITGR (2.95) is better than 67.91% of its industry peers.
ITGR has a debt to FCF ratio of 11.30. This is a negative value and a sign of low solvency as ITGR would need 11.30 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.30, ITGR is in the better half of the industry, outperforming 74.87% of the companies in the same industry.
A Debt/Equity ratio of 0.78 indicates that ITGR is somewhat dependend on debt financing.
ITGR has a Debt to Equity ratio of 0.78. This is in the lower half of the industry: ITGR underperforms 73.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 11.3 | ||
| Altman-Z | 2.95 |
ROIC/WACC0.88
WACC8.5%
2.3 Liquidity
A Current Ratio of 3.40 indicates that ITGR has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.40, ITGR is in line with its industry, outperforming 59.89% of the companies in the same industry.
ITGR has a Quick Ratio of 2.14. This indicates that ITGR is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of ITGR (2.14) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
ITGR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.73%, which is quite good.
The Earnings Per Share has been growing slightly by 2.52% on average over the past years.
Looking at the last year, ITGR shows a very strong growth in Revenue. The Revenue has grown by 31.93%.
Measured over the past years, ITGR shows a small growth in Revenue. The Revenue has been growing by 6.41% on average per year.
EPS 1Y (TTM)10.73%
EPS 3Y9.11%
EPS 5Y2.52%
EPS Q2Q%14.91%
Revenue 1Y (TTM)31.93%
Revenue growth 3Y12.02%
Revenue growth 5Y6.41%
Sales Q2Q%5.45%
3.2 Future
The Earnings Per Share is expected to grow by 12.56% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.03% on average over the next years.
EPS Next Y21.51%
EPS Next 2Y16.67%
EPS Next 3Y13.95%
EPS Next 5Y12.56%
Revenue Next Year8.79%
Revenue Next 2Y8.04%
Revenue Next 3Y7.72%
Revenue Next 5Y7.03%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ITGR is valuated rather expensively with a Price/Earnings ratio of 21.63.
ITGR's Price/Earnings ratio is a bit cheaper when compared to the industry. ITGR is cheaper than 79.14% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.32. ITGR is around the same levels.
ITGR is valuated correctly with a Price/Forward Earnings ratio of 16.40.
Based on the Price/Forward Earnings ratio, ITGR is valued a bit cheaper than the industry average as 78.07% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, ITGR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 16.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ITGR is valued cheaper than 81.28% of the companies in the same industry.
78.61% of the companies in the same industry are more expensive than ITGR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.03 | ||
| EV/EBITDA | 13.6 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ITGR may justify a higher PE ratio.
ITGR's earnings are expected to grow with 13.95% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.01
PEG (5Y)8.59
EPS Next 2Y16.67%
EPS Next 3Y13.95%
5. Dividend
5.1 Amount
No dividends for ITGR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
118.33
+0.03 (+0.03%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners114.19%
Inst Owner Change1.11%
Ins Owners0.68%
Ins Owner Change-15.98%
Market Cap4.13B
Analysts83.53
Price Target151.73 (28.23%)
Short Float %8.4%
Short Ratio4.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.04%
Min EPS beat(2)-3.89%
Max EPS beat(2)3.97%
EPS beat(4)3
Avg EPS beat(4)1.26%
Min EPS beat(4)-3.89%
Max EPS beat(4)3.97%
EPS beat(8)7
Avg EPS beat(8)4.09%
EPS beat(12)10
Avg EPS beat(12)3.79%
EPS beat(16)13
Avg EPS beat(16)6.3%
Revenue beat(2)1
Avg Revenue beat(2)-0.67%
Min Revenue beat(2)-1.37%
Max Revenue beat(2)0.03%
Revenue beat(4)1
Avg Revenue beat(4)-1.87%
Min Revenue beat(4)-4.01%
Max Revenue beat(4)0.03%
Revenue beat(8)3
Avg Revenue beat(8)0.32%
Revenue beat(12)4
Avg Revenue beat(12)0.3%
Revenue beat(16)5
Avg Revenue beat(16)0.19%
PT rev (1m)0.59%
PT rev (3m)-4.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.7%
EPS NY rev (1m)0%
EPS NY rev (3m)4.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.63 | ||
| Fwd PE | 16.4 | ||
| P/S | 1.92 | ||
| P/FCF | 37.03 | ||
| P/OCF | 19.36 | ||
| P/B | 2.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.6 |
EPS(TTM)5.47
EY4.62%
EPS(NY)7.21
Fwd EY6.1%
FCF(TTM)3.2
FCFY2.7%
OCF(TTM)6.11
OCFY5.17%
SpS61.74
BVpS46.05
TBVpS-9.51
PEG (NY)1.01
PEG (5Y)8.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.95% | ||
| ROE | 6.06% | ||
| ROCE | 9.03% | ||
| ROIC | 7.52% | ||
| ROICexc | 7.6% | ||
| ROICexgc | 20.74% | ||
| OM | 12.95% | ||
| PM (TTM) | 4.52% | ||
| GM | 27.02% | ||
| FCFM | 5.18% |
ROA(3y)3.12%
ROA(5y)3.27%
ROE(3y)6.02%
ROE(5y)6.26%
ROIC(3y)5.52%
ROIC(5y)4.86%
ROICexc(3y)5.59%
ROICexc(5y)4.92%
ROICexgc(3y)16.9%
ROICexgc(5y)16.04%
ROCE(3y)6.63%
ROCE(5y)5.83%
ROICexcg growth 3Y8.91%
ROICexcg growth 5Y-6.57%
ROICexc growth 3Y18.45%
ROICexc growth 5Y0.29%
OM growth 3Y11.29%
OM growth 5Y-0.7%
PM growth 3Y-4.13%
PM growth 5Y-1.82%
GM growth 3Y-0.89%
GM growth 5Y-0.98%
F-Score6
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 11.3 | ||
| Debt/EBITDA | 3.2 | ||
| Cap/Depr | 88.73% | ||
| Cap/Sales | 4.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 54.16% | ||
| Profit Quality | 114.46% | ||
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.14 | ||
| Altman-Z | 2.95 |
F-Score6
WACC8.5%
ROIC/WACC0.88
Cap/Depr(3y)99.22%
Cap/Depr(5y)85.64%
Cap/Sales(3y)6.43%
Cap/Sales(5y)5.69%
Profit Quality(3y)70.79%
Profit Quality(5y)97.4%
High Growth Momentum
Growth
EPS 1Y (TTM)10.73%
EPS 3Y9.11%
EPS 5Y2.52%
EPS Q2Q%14.91%
EPS Next Y21.51%
EPS Next 2Y16.67%
EPS Next 3Y13.95%
EPS Next 5Y12.56%
Revenue 1Y (TTM)31.93%
Revenue growth 3Y12.02%
Revenue growth 5Y6.41%
Sales Q2Q%5.45%
Revenue Next Year8.79%
Revenue Next 2Y8.04%
Revenue Next 3Y7.72%
Revenue Next 5Y7.03%
EBIT growth 1Y45.33%
EBIT growth 3Y24.67%
EBIT growth 5Y5.66%
EBIT Next Year42.42%
EBIT Next 3Y16.82%
EBIT Next 5YN/A
FCF growth 1Y601.19%
FCF growth 3Y-1.18%
FCF growth 5Y-3.2%
OCF growth 1Y104.26%
OCF growth 3Y9.41%
OCF growth 5Y4.41%