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TFX

Teleflex NYSE:TFX Stock Report

Last Price

US$281.34

Market Cap

US$13.1b

7D

8.3%

1Y

-28.5%

Updated

16 May, 2022

Data

Company Financials +
TFX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends0/6

TFX Stock Overview

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide.

Teleflex Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Teleflex
Historical stock prices
Current Share PriceUS$281.34
52 Week HighUS$428.36
52 Week LowUS$256.77
Beta1.13
1 Month Change-16.42%
3 Month Change-14.19%
1 Year Change-28.46%
3 Year Change-3.56%
5 Year Change41.52%
Change since IPO2,611.71%

Recent News & Updates

May 02
Is Now An Opportune Moment To Examine Teleflex Incorporated (NYSE:TFX)?

Is Now An Opportune Moment To Examine Teleflex Incorporated (NYSE:TFX)?

Teleflex Incorporated ( NYSE:TFX ) received a lot of attention from a substantial price movement on the NYSE over the...

Shareholder Returns

TFXUS Medical EquipmentUS Market
7D8.3%3.0%0.7%
1Y-28.5%-15.1%-10.8%

Return vs Industry: TFX underperformed the US Medical Equipment industry which returned -15.6% over the past year.

Return vs Market: TFX underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is TFX's price volatile compared to industry and market?
TFX volatility
TFX Average Weekly Movement5.0%
Medical Equipment Industry Average Movement10.3%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: TFX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TFX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194314,000Liam Kellyhttps://www.teleflex.com

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. It provides vascular access products that comprise Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous access systems for the administration of intravenous therapies, the measurement of blood pressure, and the withdrawal of blood samples through a single puncture site. The company also offers interventional products, which consists of various coronary catheters, structural heart therapies, and peripheral intervention and cardiac assist products that are used by interventional cardiologists and radiologists, and vascular surgeons; and Arrow branded catheters, Guideline and Trapliner catheters, the Manta Vascular Closure, and Arrow Oncontrol devices.

Teleflex Fundamentals Summary

How do Teleflex's earnings and revenue compare to its market cap?
TFX fundamental statistics
Market CapUS$13.06b
Earnings (TTM)US$487.62m
Revenue (TTM)US$2.82b

27.1x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TFX income statement (TTM)
RevenueUS$2.82b
Cost of RevenueUS$1.27b
Gross ProfitUS$1.55b
Other ExpensesUS$1.06b
EarningsUS$487.62m

Last Reported Earnings

Mar 27, 2022

Next Earnings Date

n/a

Earnings per share (EPS)10.40
Gross Margin55.04%
Net Profit Margin17.31%
Debt/Equity Ratio48.8%

How did TFX perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

13%

Payout Ratio

Valuation

Is Teleflex undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


38.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TFX ($281.34) is trading below our estimate of fair value ($458.23)

Significantly Below Fair Value: TFX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TFX is good value based on its PE Ratio (27.1x) compared to the US Medical Equipment industry average (35x).

PE vs Market: TFX is poor value based on its PE Ratio (27.1x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: TFX is poor value based on its PEG Ratio (6.6x)


Price to Book Ratio

PB vs Industry: TFX is overvalued based on its PB Ratio (3.5x) compared to the US Medical Equipment industry average (2.5x).


Future Growth

How is Teleflex forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TFX's forecast earnings growth (4.1% per year) is above the savings rate (1.9%).

Earnings vs Market: TFX's earnings (4.1% per year) are forecast to grow slower than the US market (12.6% per year).

High Growth Earnings: TFX's earnings are forecast to grow, but not significantly.

Revenue vs Market: TFX's revenue (5.6% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: TFX's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TFX's Return on Equity is forecast to be low in 3 years time (13.7%).


Past Performance

How has Teleflex performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


20.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TFX has high quality earnings.

Growing Profit Margin: TFX's current net profit margins (17.3%) are higher than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: TFX's earnings have grown significantly by 20.8% per year over the past 5 years.

Accelerating Growth: TFX's earnings growth over the past year (74%) exceeds its 5-year average (20.8% per year).

Earnings vs Industry: TFX earnings growth over the past year (74%) exceeded the Medical Equipment industry 16.4%.


Return on Equity

High ROE: TFX's Return on Equity (12.8%) is considered low.


Financial Health

How is Teleflex's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TFX's short term assets ($1.5B) exceed its short term liabilities ($656.2M).

Long Term Liabilities: TFX's short term assets ($1.5B) do not cover its long term liabilities ($2.4B).


Debt to Equity History and Analysis

Debt Level: TFX's net debt to equity ratio (35.8%) is considered satisfactory.

Reducing Debt: TFX's debt to equity ratio has reduced from 91.7% to 48.8% over the past 5 years.

Debt Coverage: TFX's debt is well covered by operating cash flow (32.6%).

Interest Coverage: TFX's interest payments on its debt are well covered by EBIT (11.2x coverage).


Balance Sheet


Dividend

What is Teleflex current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.48%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TFX's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: TFX's dividend (0.48%) is low compared to the top 25% of dividend payers in the US market (4.05%).


Stability and Growth of Payments

Stable Dividend: TFX is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: TFX is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: TFX is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: TFX is not paying a notable dividend for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Liam Kelly (54 yo)

6yrs

Tenure

US$8,673,634

Compensation

Mr. Liam J. Kelly has been Chief Executive Officer at Teleflex Incorporated since January 01, 2018 and has been its Director since May 4, 2018. He serves as Independent Director of Enovis Corporation (form...


CEO Compensation Analysis

Compensation vs Market: Liam's total compensation ($USD8.67M) is below average for companies of similar size in the US market ($USD13.26M).

Compensation vs Earnings: Liam's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: TFX's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: TFX's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Teleflex Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Teleflex Incorporated
  • Ticker: TFX
  • Exchange: NYSE
  • Founded: 1943
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Implied Market Cap: US$13.060b
  • Shares outstanding: 46.90m
  • Website: https://www.teleflex.com

Number of Employees


Location

  • Teleflex Incorporated
  • 550 East Swedesford Road
  • Suite 400
  • Wayne
  • Pennsylvania
  • 19087-1603
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/03/27
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.