Teleflex Incorporated (TFX) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-26.4%

$103.59

vs $140.77 price

Levered DCF

$84.65

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

Grey zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-6.01×	119.45×	32.89×	32.25×	31.65×	57.08×	37.68×	58.88×
P/B	1.74×	1.95×	2.64×	2.91×	4.09×	5.73×	5.84×	4.65×
P/S	2.73×	2.74×	3.94×	4.19×	5.47×	7.54×	6.7×	4.82×
EV / EBITDA	25.71×	22.6×	17.63×	18.13×	19.78×	32.73×	30.12×	25.56×
Gross margin	56.2%	55.9%	55.4%	54.9%	55.2%	52.2%	54.3%	56.5%
Operating margin	12.8%	5.0%	17.0%	17.9%	22.4%	16.7%	16.5%	13.1%
Net margin	-45.4%	2.3%	12.0%	13.0%	17.3%	13.2%	17.8%	8.2%
Current ratio	2.54×	2.27×	2.32×	2.43×	2.1×	2.63×	2.32×	2.12×
Debt / equity	0.87×	0.41×	0.43×	0.46×	0.52×	0.77×	0.67×	0.85×
Interest coverage	2.55×	1.81×	5.95×	9.21×	11.03×	6.36×	5.32×	3.12×
Dividend yield	1.1%	0.8%	0.5%	0.5%	0.4%	0.3%	0.4%	0.5%
Payout ratio	-6.7%	91.2%	17.9%	17.6%	13.1%	18.9%	13.6%	31.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-29.0%	1.6%	8.0%	9.0%	12.9%	10.1%	15.5%	7.9%
Return on invested capital	4.1%	2.1%	5.9%	6.3%	8.6%	5.9%	7.4%	5.0%
Return on assets	-13.0%	1.0%	4.7%	5.2%	7.1%	4.7%	7.3%	3.2%
Free cash flow yield	4.5%	6.1%	3.6%	2.2%	3.8%	1.8%	1.9%	3.0%
Earnings yield	-16.6%	0.8%	3.0%	3.1%	3.2%	1.8%	2.7%	1.7%
Enterprise value	$7.8B	$9.8B	$13.4B	$13.2B	$16.9B	$21.3B	$19.1B	$13.6B
Net debt / EBITDA	7.71×	3.38×	2.24×	2.11×	1.78×	3.36×	2.69×	3.38×
Cash conversion cycle (days)	178	180	190	184	154	180	174	165