Why TELEDYNE TECHNOLOGIES INC (NYSE:TDY) qualifies as a quality stock.

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if TELEDYNE TECHNOLOGIES INC (NYSE:TDY) is suited for quality investing. Investors should of couse do their own research, but we spotted TELEDYNE TECHNOLOGIES INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Some of the quality metrics of NYSE:TDY highlighted

• Over the past 5 years, TELEDYNE TECHNOLOGIES INC has experienced impressive revenue growth, with 15.96% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
• TELEDYNE TECHNOLOGIES INC exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 46.46% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
• TELEDYNE TECHNOLOGIES INC maintains a healthy Debt/Free Cash Flow Ratio of 4.2, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
• With a robust Profit Quality (5-year) ratio of 111.0%, TELEDYNE TECHNOLOGIES INC highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
• TELEDYNE TECHNOLOGIES INC has consistently achieved strong EBIT growth over the past 5 years, with a 23.35% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• The EBIT 5-year growth of TELEDYNE TECHNOLOGIES INC has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

Fundamental Analysis Observations

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Taking everything into account, TDY scores 5 out of 10 in our fundamental rating. TDY was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. TDY has an excellent profitability rating, but there are some minor concerns on its financial health. TDY has a correct valuation and a medium growth rate.

Check the latest full fundamental report of TDY for a complete fundamental analysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.