ICU Medical, Inc. (ICUI) vs Teleflex Incorporated (TFX)

ICU Medical, Inc. and Teleflex Incorporated are both Medical Instruments & Supplies companies. Teleflex Incorporated is the larger, with a market value of $5.4B against $4.2B — 1.3× the size. Teleflex Incorporated has negative trailing earnings, so its P/E is not meaningful; ICU Medical, Inc. trades at 136×. Teleflex Incorporated grew revenue faster over the last twelve months: 110.9% against −8.97%. ICU Medical, Inc. has the higher net margin (1.39% vs −45.8%) and the higher return on invested capital (1.46% vs 0.51%). Across the 21 metrics below, ICU Medical, Inc. leads on 16 and Teleflex Incorporated on 5.

Valuation

Metric ICUI TFX Medical Instruments & Supplies median
P/E 135.83 n/m 33.75
P/S 1.89 2.52 2.52
P/B 1.89 1.96 2.48
Price to free cash flow 26.65 33.74 25.19
EV/EBITDA 18.04 31.97 14.62
EV/Sales 2.32 3.63 2.88
Earnings yield 0.74% (17.85%) (2.67%)
Free cash flow yield 3.75% 2.96% 0.09%

Profitability

Metric ICUI TFX Medical Instruments & Supplies median
Gross margin 39.13% 54.94% 54.29%
Operating margin 3.34% 1.97% 1.07%
Net margin 1.39% (45.76%) (1.61%)
Free cash flow margin 7.08% 7.47% 1.08%
Return on equity 1.41% (28.87%) (1.32%)
Return on assets 0.74% (14.57%) 0.00%
Return on invested capital 1.46% 0.51% 0.00%

Growth

Metric ICUI TFX Medical Instruments & Supplies median
Revenue growth (TTM) (8.97%) 110.94% 8.85%
EPS growth (last fiscal year) 100.62% (1,468.24%) 8.65%
Revenue growth, 5-year CAGR 11.91% (4.72%) 9.17%
Net income growth, 5-year CAGR (61.53%) 0.00% 0.00%

Health

Metric ICUI TFX Medical Instruments & Supplies median
Debt to equity 0.57 0.97 0.10
Current ratio 2.43 2.60 2.48
Net debt to EBITDA 3.91 7.52 0.89

Dividend

Metric ICUI TFX Medical Instruments & Supplies median
Dividend yield — 1.04% 1.11%
Payout ratio — — 0.27

Size

Metric ICUI TFX Medical Instruments & Supplies median
Market cap 4.18b 5.43b 619.84m

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