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 scores excellent on profitability, 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.
In the past year ITGR had a positive cash flow from operations.
ITGR had positive earnings in each of the past 5 years.
Each year in the past 5 years ITGR had a positive operating cash flow.
1.2 Ratios
ITGR has a better Return On Assets (2.95%) than 78.07% of its industry peers.
ITGR has a Return On Equity of 6.06%. This is amongst the best in the industry. ITGR outperforms 80.75% of its industry peers.
ITGR has a Return On Invested Capital of 7.52%. This is amongst the best in 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
The Profit Margin of ITGR (4.52%) is better than 75.94% of its industry peers.
In the last couple of years the Profit Margin of ITGR has declined.
ITGR's Operating Margin of 12.95% is amongst the best of the industry. ITGR outperforms 80.21% of its industry peers.
In the last couple of years the Operating Margin of ITGR has remained more or less at the same level.
ITGR has a worse Gross Margin (27.02%) than 76.47% of its industry peers.
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.
The number of shares outstanding for ITGR has been increased compared to 1 year ago.
Compared to 5 years ago, ITGR has more shares outstanding
The debt/assets ratio for ITGR has remained at the same level compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.90 indicates that ITGR 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 2.90, ITGR is in the better half of the industry, outperforming 67.91% of the companies in the same industry.
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.
ITGR has a Debt to FCF ratio of 11.30. This is in the better half of the industry: ITGR outperforms 74.87% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that ITGR is somewhat dependend on debt financing.
ITGR's Debt to Equity ratio of 0.78 is on the low side compared to the rest of the industry. ITGR is outperformed by 73.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 11.3 | ||
| Altman-Z | 2.9 |
ROIC/WACC0.92
WACC8.16%
2.3 Liquidity
A Current Ratio of 3.40 indicates that ITGR has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.40, ITGR is doing good in the industry, outperforming 60.43% of the companies in the same industry.
A Quick Ratio of 2.14 indicates that ITGR has no problem at all paying its short term obligations.
ITGR has a Quick ratio of 2.14. This is comparable to the rest of the industry: ITGR outperforms 51.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.4 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.73% over the past year.
Measured over the past 5 years, ITGR shows a small growth in Earnings Per Share. The EPS has been growing by 2.52% on average per year.
ITGR shows a strong growth in Revenue. In the last year, 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
ITGR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.56% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.56 indicates a rather expensive valuation of ITGR.
ITGR's Price/Earnings ratio is a bit cheaper when compared to the industry. ITGR is cheaper than 79.68% of the companies in the same industry.
ITGR is valuated rather cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.59 indicates a correct valuation of ITGR.
ITGR's Price/Forward Earnings ratio is rather cheap when compared to the industry. ITGR is cheaper than 82.89% of the companies in the same industry.
ITGR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.56 | ||
| Fwd PE | 15.59 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ITGR indicates a rather cheap valuation: ITGR is cheaper than 82.35% of the companies listed in the same industry.
ITGR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ITGR is cheaper than 79.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.2 | ||
| EV/EBITDA | 13.28 |
4.3 Compensation for Growth
ITGR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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)0.96
PEG (5Y)8.16
EPS Next 2Y16.67%
EPS Next 3Y13.95%
5. Dividend
5.1 Amount
ITGR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
112.49
-2.15 (-1.88%)
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 Change0%
Ins Owners0.68%
Ins Owner Change-15.86%
Market Cap3.92B
Analysts83.53
Price Target151.73 (34.88%)
Short Float %7.12%
Short Ratio5.13
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%
PT rev (3m)-4.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.1%
EPS NY rev (1m)0%
EPS NY rev (3m)5.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.56 | ||
| Fwd PE | 15.59 | ||
| P/S | 1.82 | ||
| P/FCF | 35.2 | ||
| P/OCF | 18.41 | ||
| P/B | 2.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.28 |
EPS(TTM)5.47
EY4.86%
EPS(NY)7.21
Fwd EY6.41%
FCF(TTM)3.2
FCFY2.84%
OCF(TTM)6.11
OCFY5.43%
SpS61.74
BVpS46.05
TBVpS-9.51
PEG (NY)0.96
PEG (5Y)8.16
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 | 2.9 |
F-Score6
WACC8.16%
ROIC/WACC0.92
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%