TELEFLEX INC (TFX) Stock Fundamental Analysis
USA - NYSE:TFX - US8793691069 - Common Stock
124.47 USD
-0.37 (-0.3%)
124.47 USD
0 (0%)
Overall TFX gets a fundamental rating of 6 out of 10. We evaluated TFX against 189 industry peers in the Health Care Equipment & Supplies industry. TFX scores excellent on profitability, but there are some minor concerns on its financial health. TFX is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, TFX could be worth investigating further 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.
TFX had positive earnings in each of the past 5 years.
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 2.60%, TFX is doing good in the industry, outperforming 76.19% of the companies in the same industry.
With a decent Return On Equity value of 4.52%, TFX is doing good in the industry, outperforming 76.19% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.80%, TFX belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TFX is in line with the industry average of 9.02%.
The 3 year average ROIC (7.21%) for TFX is below the current ROIC(7.80%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 4.52% | ||
| ROIC | 7.8% |
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
With a decent Profit Margin value of 6.31%, TFX is doing good in the industry, outperforming 77.78% of the companies in the same industry.
In the last couple of years the Profit Margin of TFX has declined.
With an excellent Operating Margin value of 19.49%, TFX belongs to the best of the industry, outperforming 92.06% 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 55.59%. This is comparable to the rest of the industry: TFX outperforms 51.85% 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 | 19.49% | ||
| PM (TTM) | 6.31% | ||
| GM | 55.59% |
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.
The number of shares outstanding for TFX has been reduced compared to 1 year ago.
Compared to 5 years ago, TFX has less shares outstanding
The debt/assets ratio for TFX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.71 indicates that TFX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of TFX (2.71) is better than 66.67% of its industry peers.
TFX has a debt to FCF ratio of 4.80. This is a neutral value as TFX would need 4.80 years to pay back of all of its debts.
The Debt to FCF ratio of TFX (4.80) is better than 79.37% of its industry peers.
TFX has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
TFX has a Debt to Equity ratio of 0.42. This is comparable to the rest of the industry: TFX outperforms 46.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 4.8 | ||
| Altman-Z | 2.71 |
ROIC/WACC1
WACC7.84%
2.3 Liquidity
A Current Ratio of 2.41 indicates that TFX has no problem at all paying its short term obligations.
TFX has a Current ratio of 2.41. This is comparable to the rest of the industry: TFX outperforms 47.62% of its industry peers.
TFX has a Quick Ratio of 1.44. 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 1.44, TFX is not doing good in the industry: 60.85% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
TFX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.71%.
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 1.11% in the last year.
The Revenue has been growing slightly by 3.26% on average over the past years.
EPS 1Y (TTM)2.71%
EPS 3Y1.67%
EPS 5Y4.67%
EPS Q2Q%9.06%
Revenue 1Y (TTM)1.11%
Revenue growth 3Y2.74%
Revenue growth 5Y3.26%
Sales Q2Q%2.28%
3.2 Future
TFX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.54% yearly.
The Revenue is expected to grow by 7.72% on average over the next years.
EPS Next Y1.17%
EPS Next 2Y4.06%
EPS Next 3Y6.34%
EPS Next 5Y8.54%
Revenue Next Year8.2%
Revenue Next 2Y9.38%
Revenue Next 3Y7.84%
Revenue Next 5Y7.72%
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
With a Price/Earnings ratio of 8.88, the valuation of TFX can be described as very reasonable.
Based on the Price/Earnings ratio, TFX is valued cheaply inside the industry as 94.71% of the companies are valued more expensively.
TFX is valuated cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.21, the valuation of TFX can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TFX indicates a rather cheap valuation: TFX is cheaper than 96.83% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TFX to the average of the S&P500 Index (22.55), we can say TFX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.88 | ||
| Fwd PE | 8.21 |
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 93.12% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, TFX is valued cheaply inside the industry as 93.65% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.87 | ||
| EV/EBITDA | 8.25 |
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.
The decent profitability rating of TFX may justify a higher PE ratio.
PEG (NY)7.6
PEG (5Y)1.9
EPS Next 2Y4.06%
EPS Next 3Y6.34%
5. Dividend
5.1 Amount
TFX has a Yearly Dividend Yield of 1.09%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.89, TFX pays a better dividend. On top of this TFX pays more dividend than 94.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, 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.
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
32.17% of the earnings are spent on dividend by TFX. This is a low number and sustainable payout ratio.
TFX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP32.17%
EPS Next 2Y4.06%
EPS Next 3Y6.34%
124.47
-0.37 (-0.3%)
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 Change0.66%
Ins Owners0.3%
Ins Owner Change4.04%
Market Cap5.50B
Revenue(TTM)3.04B
Net Income(TTM)191.93M
Analysts54.29
Price Target142.71 (14.65%)
Short Float %4.22%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
Yearly Dividend1.36
Dividend Growth(5Y)0.04%
DP32.17%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.31%
Min EPS beat(2)-1.22%
Max EPS beat(2)9.84%
EPS beat(4)2
Avg EPS beat(4)2.55%
Min EPS beat(4)-1.22%
Max EPS beat(4)9.84%
EPS beat(8)6
Avg EPS beat(8)3.51%
EPS beat(12)10
Avg EPS beat(12)3.46%
EPS beat(16)14
Avg EPS beat(16)3.84%
Revenue beat(2)1
Avg Revenue beat(2)-0.29%
Min Revenue beat(2)-0.8%
Max Revenue beat(2)0.22%
Revenue beat(4)1
Avg Revenue beat(4)-1.35%
Min Revenue beat(4)-3.16%
Max Revenue beat(4)0.22%
Revenue beat(8)3
Avg Revenue beat(8)-0.7%
Revenue beat(12)5
Avg Revenue beat(12)-0.44%
Revenue beat(16)7
Avg Revenue beat(16)-0.52%
PT rev (1m)0.08%
PT rev (3m)-4.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.41%
EPS NY rev (1m)0%
EPS NY rev (3m)4.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)6.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.88 | ||
| Fwd PE | 8.21 | ||
| P/S | 1.81 | ||
| P/FCF | 13.87 | ||
| P/OCF | 10.7 | ||
| P/B | 1.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.25 |
EPS(TTM)14.02
EY11.26%
EPS(NY)15.17
Fwd EY12.19%
FCF(TTM)8.97
FCFY7.21%
OCF(TTM)11.64
OCFY9.35%
SpS68.82
BVpS96.01
TBVpS-14.38
PEG (NY)7.6
PEG (5Y)1.9
Graham Number174.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.6% | ||
| ROE | 4.52% | ||
| ROCE | 8.9% | ||
| ROIC | 7.8% | ||
| ROICexc | 8.11% | ||
| ROICexgc | 34.04% | ||
| OM | 19.49% | ||
| PM (TTM) | 6.31% | ||
| GM | 55.59% | ||
| FCFM | 13.04% |
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 | 0.42 | ||
| Debt/FCF | 4.8 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 43.09% | ||
| Cap/Sales | 3.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.37% | ||
| Profit Quality | 206.56% | ||
| Current Ratio | 2.41 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 2.71 |
F-Score5
WACC7.84%
ROIC/WACC1
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)2.71%
EPS 3Y1.67%
EPS 5Y4.67%
EPS Q2Q%9.06%
EPS Next Y1.17%
EPS Next 2Y4.06%
EPS Next 3Y6.34%
EPS Next 5Y8.54%
Revenue 1Y (TTM)1.11%
Revenue growth 3Y2.74%
Revenue growth 5Y3.26%
Sales Q2Q%2.28%
Revenue Next Year8.2%
Revenue Next 2Y9.38%
Revenue Next 3Y7.84%
Revenue Next 5Y7.72%
EBIT growth 1Y5.63%
EBIT growth 3Y-0.78%
EBIT growth 5Y4.24%
EBIT Next Year12.96%
EBIT Next 3Y11.13%
EBIT Next 5Y6.67%
FCF growth 1Y22.13%
FCF growth 3Y-4.23%
FCF growth 5Y8.62%
OCF growth 1Y25.21%
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 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 7 / 10.
What are the PE and PB ratios of TELEFLEX INC (TFX) stock?
The Price/Earnings (PE) ratio for TELEFLEX INC (TFX) is 8.88 and the Price/Book (PB) ratio is 1.3.
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.