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 $5.1B against $4.2B — 1.2× the size. Teleflex Incorporated has negative trailing earnings, so its P/E is not meaningful; ICU Medical, Inc. trades at 137×. 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 15 and Teleflex Incorporated on 6.

Valuation

Metric ICUI TFX Medical Instruments & Supplies median
P/E 137.46 n/m 34.17
P/S 1.91 2.36 2.83
P/B 1.92 1.83 2.82
Price to free cash flow 26.97 31.58 25.69
EV/EBITDA 18.22 30.55 16.08
EV/Sales 2.34 3.47 3.06
Earnings yield 0.73% (19.07%) (1.84%)
Free cash flow yield 3.71% 3.17% 0.17%

Profitability

Metric ICUI TFX Medical Instruments & Supplies median
Gross margin 39.13% 54.94% 54.62%
Operating margin 3.34% 1.97% 1.64%
Net margin 1.39% (45.76%) 0.00%
Free cash flow margin 7.08% 7.47% 1.61%
Return on equity 1.41% (28.87%) 0.00%
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% 9.20%
EPS growth (last fiscal year) 100.62% (1,468.24%) —
Revenue growth, 5-year CAGR 11.91% (4.72%) 9.48%
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 0.08
Current ratio 2.43 2.60 2.49
Net debt to EBITDA 3.91 7.52 0.83

Dividend

Metric ICUI TFX Medical Instruments & Supplies median
Dividend yield — 0.54% 0.99%
Payout ratio 0.00 0.17 0.00

Size

Metric ICUI TFX Medical Instruments & Supplies median
Market cap 4.15b 5.09b 938.39m

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