Teleflex Incorporated (TFX) vs Warby Parker Inc. (WRBY)

Teleflex Incorporated and Warby Parker Inc. are both Medical Instruments & Supplies companies. Teleflex Incorporated is the larger, with a market value of $5.1B against $3.3B — 1.6× the size. Teleflex Incorporated has negative trailing earnings, so its P/E is not meaningful; Warby Parker Inc. trades at 382×. Teleflex Incorporated grew revenue faster over the last twelve months: 110.9% against 11.0%. Warby Parker Inc. has the higher net margin (0.85% vs −45.8%) and the higher return on invested capital (0.98% vs 0.51%). Across the 20 metrics below, Teleflex Incorporated leads on 10 and Warby Parker Inc. on 10.

Valuation

Metric TFX WRBY Medical Instruments & Supplies median
P/E n/m 381.57 34.17
P/S 2.36 3.63 2.83
P/B 1.83 8.45 2.82
Price to free cash flow 31.58 152.23 25.69
EV/EBITDA 30.55 51.14 16.08
EV/Sales 3.47 3.31 3.06
Earnings yield (19.07%) 0.26% (1.84%)
Free cash flow yield 3.17% 0.66% 0.17%

Profitability

Metric TFX WRBY Medical Instruments & Supplies median
Gross margin 54.94% 54.68% 54.62%
Operating margin 1.97% 0.17% 1.64%
Net margin (45.76%) 0.85% 0.00%
Free cash flow margin 7.47% 2.39% 1.61%
Return on equity (28.87%) 2.06% 0.00%
Return on assets (14.57%) 1.05% 0.00%
Return on invested capital 0.51% 0.98% 0.00%

Growth

Metric TFX WRBY Medical Instruments & Supplies median
Revenue growth (TTM) 110.94% 10.99% 9.20%
EPS growth (last fiscal year) (1,468.24%) 105.88% —
Revenue growth, 5-year CAGR (4.72%) 17.23% 9.48%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric TFX WRBY Medical Instruments & Supplies median
Debt to equity 0.97 0.00 0.08
Current ratio 2.60 2.27 2.49
Net debt to EBITDA 7.52 (5.92) 0.83

Dividend

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

Size

Metric TFX WRBY Medical Instruments & Supplies median
Market cap 5.09b 3.28b 938.39m

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