AptarGroup, Inc. (ATR) vs Teleflex Incorporated (TFX)

AptarGroup, Inc. and Teleflex Incorporated are both Medical Instruments & Supplies companies. AptarGroup, Inc. is the larger, with a market value of $7.8B against $5.1B — 1.5× the size. Teleflex Incorporated has negative trailing earnings, so its P/E is not meaningful; AptarGroup, Inc. trades at 22.1×. Teleflex Incorporated grew revenue faster over the last twelve months: 110.9% against 8.93%. AptarGroup, Inc. has the higher net margin (9.22% vs −45.8%) and the higher return on invested capital (7.82% vs 0.51%). Both pay a dividend; AptarGroup, Inc. yields more (1.37% vs 0.54%). Across the 22 metrics below, AptarGroup, Inc. leads on 18 and Teleflex Incorporated on 4.

Valuation

Metric ATR TFX Medical Instruments & Supplies median
P/E 22.12 n/m 34.17
P/S 2.00 2.36 2.83
P/B 2.98 1.83 2.82
Price to free cash flow 25.06 31.58 25.69
EV/EBITDA 11.54 30.55 16.08
EV/Sales 2.30 3.47 3.06
Earnings yield 4.52% (19.07%) (1.84%)
Free cash flow yield 3.99% 3.17% 0.17%

Profitability

Metric ATR TFX Medical Instruments & Supplies median
Gross margin 36.07% 54.94% 54.62%
Operating margin 12.14% 1.97% 1.64%
Net margin 9.22% (45.76%) 0.00%
Free cash flow margin 8.00% 7.47% 1.61%
Return on equity 13.52% (28.87%) 0.00%
Return on assets 7.25% (14.57%) 0.00%
Return on invested capital 7.82% 0.51% 0.00%

Growth

Metric ATR TFX Medical Instruments & Supplies median
Revenue growth (TTM) 8.93% 110.94% 9.20%
EPS growth (last fiscal year) 6.51% (1,468.24%) —
Revenue growth, 5-year CAGR 5.22% (4.72%) 9.48%
Net income growth, 5-year CAGR 12.91% 0.00% 0.00%

Health

Metric ATR TFX Medical Instruments & Supplies median
Debt to equity 0.52 0.97 0.08
Current ratio 1.61 2.60 2.49
Net debt to EBITDA 1.36 7.52 0.83

Dividend

Metric ATR TFX Medical Instruments & Supplies median
Dividend yield 1.37% 0.54% 0.99%
Payout ratio 0.40 0.17 0.00

Size

Metric ATR TFX Medical Instruments & Supplies median
Market cap 7.84b 5.09b 938.39m

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