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 $6.5B against $4.2B — 1.5× the size. Teleflex Incorporated has negative trailing earnings, so its P/E is not meaningful; ICU Medical, Inc. trades at 69.3×. Teleflex Incorporated grew revenue faster over the last twelve months: 30.7% against −5.92%. ICU Medical, Inc. has the higher net margin (2.76% vs −45.8%) and the higher return on invested capital (2.27% vs 0.51%). Across the 21 metrics below, ICU Medical, Inc. leads on 17 and Teleflex Incorporated on 4.

Valuation

Metric ICUI TFX Medical Instruments & Supplies median
P/E 69.28 n/m 30.28
P/S 1.91 2.94 2.49
P/B 1.91 2.28 2.34
Price to free cash flow 21.22 124.77 23.49
EV/EBITDA 16.00 35.66 14.87
EV/Sales 2.30 4.05 2.75
Earnings yield 1.44% (15.30%) 0.00%
Free cash flow yield 4.71% 0.80% 0.59%

Profitability

Metric ICUI TFX Medical Instruments & Supplies median
Gross margin 40.27% 54.94% 53.60%
Operating margin 5.07% 1.97% 1.97%
Net margin 2.76% (45.76%) 0.00%
Free cash flow margin 12.47% 2.36% 2.36%
Return on equity 2.79% (28.87%) 0.00%
Return on assets 1.50% (14.57%) 0.00%
Return on invested capital 2.27% 0.51% 0.13%

Growth

Metric ICUI TFX Medical Instruments & Supplies median
Revenue growth (TTM) (5.92%) 30.70% 8.97%
EPS growth (last fiscal year) 100.62% (1,468.24%) 6.51%
Revenue growth, 5-year CAGR 11.91% (4.72%) 8.85%
Net income growth, 5-year CAGR (61.53%) 0.00% 0.00%

Health

Metric ICUI TFX Medical Instruments & Supplies median
Debt to equity 0.53 0.97 0.10
Current ratio 2.37 2.60 2.47
Net debt to EBITDA 3.91 7.52 0.97

Dividend

Metric ICUI TFX Medical Instruments & Supplies median
Dividend yield — 0.89% 1.02%
Payout ratio — — 0.27

Size

Metric ICUI TFX Medical Instruments & Supplies median
Market cap 4.19b 6.45b 1.71b

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