KEYSIGHT TECHNOLOGIES IN (KEYS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEYS - US49338L1035 - Common Stock
214.2 USD
-0.3 (-0.14%)
213.98 USD
-0.22 (-0.1%)
Taking everything into account, KEYS scores 6 out of 10 in our fundamental rating. KEYS was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making KEYS a very profitable company, without any liquidiy or solvency issues. KEYS has a correct valuation and a medium growth rate. These ratings would make KEYS suitable for quality investing!
1. Profitability
1.1 Basic Checks
- In the past year KEYS was profitable.
- In the past year KEYS had a positive cash flow from operations.
- KEYS had positive earnings in each of the past 5 years.
- Each year in the past 5 years KEYS had a positive operating cash flow.
1.2 Ratios
- KEYS has a Return On Assets of 7.52%. This is amongst the best in the industry. KEYS outperforms 88.00% of its industry peers.
- KEYS has a Return On Equity of 14.45%. This is amongst the best in the industry. KEYS outperforms 81.60% of its industry peers.
- KEYS has a better Return On Invested Capital (7.01%) than 71.20% of its industry peers.
- KEYS had an Average Return On Invested Capital over the past 3 years of 10.18%. This is in line with the industry average of 8.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.52% | ||
| ROE | 14.45% | ||
| ROIC | 7.01% |
ROA(3y)8.77%
ROA(5y)10.34%
ROE(3y)16.4%
ROE(5y)19.97%
ROIC(3y)10.18%
ROIC(5y)11.65%
1.3 Margins
- With an excellent Profit Margin value of 15.81%, KEYS belongs to the best of the industry, outperforming 94.40% of the companies in the same industry.
- KEYS's Profit Margin has been stable in the last couple of years.
- Looking at the Operating Margin, with a value of 16.30%, KEYS belongs to the top of the industry, outperforming 91.20% of the companies in the same industry.
- KEYS's Operating Margin has been stable in the last couple of years.
- KEYS's Gross Margin of 62.08% is amongst the best of the industry. KEYS outperforms 94.40% of its industry peers.
- In the last couple of years the Gross Margin of KEYS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.3% | ||
| PM (TTM) | 15.81% | ||
| GM | 62.08% |
OM growth 3Y-12.84%
OM growth 5Y-1.26%
PM growth 3Y-8.64%
PM growth 5Y1.26%
GM growth 3Y-0.83%
GM growth 5Y0.68%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KEYS is still creating some value.
- Compared to 1 year ago, KEYS has less shares outstanding
- The number of shares outstanding for KEYS has been reduced compared to 5 years ago.
- Compared to 1 year ago, KEYS has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 5.94 indicates that KEYS is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 5.94, KEYS is in the better half of the industry, outperforming 75.20% of the companies in the same industry.
- The Debt to FCF ratio of KEYS is 1.98, which is an excellent value as it means it would take KEYS, only 1.98 years of fcf income to pay off all of its debts.
- KEYS has a better Debt to FCF ratio (1.98) than 77.60% of its industry peers.
- A Debt/Equity ratio of 0.43 indicates that KEYS is not too dependend on debt financing.
- The Debt to Equity ratio of KEYS (0.43) is worse than 64.80% of its industry peers.
- Even though the debt/equity ratio score it not favorable for KEYS, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 1.98 | ||
| Altman-Z | 5.94 |
ROIC/WACC0.75
WACC9.32%
2.3 Liquidity
- A Current Ratio of 2.35 indicates that KEYS has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.35, KEYS is in line with its industry, outperforming 50.40% of the companies in the same industry.
- A Quick Ratio of 1.78 indicates that KEYS should not have too much problems paying its short term obligations.
- KEYS's Quick ratio of 1.78 is in line compared to the rest of the industry. KEYS outperforms 55.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.78 |
3. Growth
3.1 Past
- KEYS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.22%, which is quite good.
- Measured over the past years, KEYS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.07% on average per year.
- Looking at the last year, KEYS shows a small growth in Revenue. The Revenue has grown by 7.95% in the last year.
- Measured over the past years, KEYS shows a small growth in Revenue. The Revenue has been growing by 4.95% on average per year.
EPS 1Y (TTM)14.22%
EPS 3Y-2.14%
EPS 5Y8.07%
EPS Q2Q%15.76%
Revenue 1Y (TTM)7.95%
Revenue growth 3Y-0.28%
Revenue growth 5Y4.95%
Sales Q2Q%10.26%
3.2 Future
- Based on estimates for the next years, KEYS will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.76% on average per year.
- KEYS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.41% yearly.
EPS Next Y15.42%
EPS Next 2Y14.98%
EPS Next 3Y13.43%
EPS Next 5Y14.76%
Revenue Next Year15.75%
Revenue Next 2Y10.99%
Revenue Next 3Y9.19%
Revenue Next 5Y8.41%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 29.96, the valuation of KEYS can be described as expensive.
- KEYS's Price/Earnings ratio is a bit cheaper when compared to the industry. KEYS is cheaper than 64.80% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.47, KEYS is valued at the same level.
- Based on the Price/Forward Earnings ratio of 25.96, the valuation of KEYS can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of KEYS indicates a somewhat cheap valuation: KEYS is cheaper than 62.40% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of KEYS to the average of the S&P500 Index (24.26), we can say KEYS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.96 | ||
| Fwd PE | 25.96 |
4.2 Price Multiples
- KEYS's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, KEYS is valued a bit cheaper than 71.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.63 | ||
| EV/EBITDA | 32.45 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates KEYS does not grow enough to justify the current Price/Earnings ratio.
- KEYS has an outstanding profitability rating, which may justify a higher PE ratio.
- KEYS's earnings are expected to grow with 13.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.94
PEG (5Y)3.71
EPS Next 2Y14.98%
EPS Next 3Y13.43%
5. Dividend
5.1 Amount
- KEYS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
214.2
-0.3 (-0.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-24 2025-11-24/amc
Earnings (Next)02-23 2026-02-23/amc
Inst Owners91.79%
Inst Owner Change0.07%
Ins Owners0.49%
Ins Owner Change1.78%
Market Cap36.67B
Revenue(TTM)5.38B
Net Income(TTM)850.00M
Analysts79
Price Target224.67 (4.89%)
Short Float %1.78%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.55%
Min EPS beat(2)0.93%
Max EPS beat(2)2.17%
EPS beat(4)4
Avg EPS beat(4)2.5%
Min EPS beat(4)0.93%
Max EPS beat(4)5.63%
EPS beat(8)7
Avg EPS beat(8)3.45%
EPS beat(12)11
Avg EPS beat(12)4.22%
EPS beat(16)15
Avg EPS beat(16)4.86%
Revenue beat(2)2
Avg Revenue beat(2)0.55%
Min Revenue beat(2)0.5%
Max Revenue beat(2)0.6%
Revenue beat(4)3
Avg Revenue beat(4)0.35%
Min Revenue beat(4)-0.31%
Max Revenue beat(4)0.61%
Revenue beat(8)4
Avg Revenue beat(8)-0.06%
Revenue beat(12)5
Avg Revenue beat(12)-0.38%
Revenue beat(16)8
Avg Revenue beat(16)-0.18%
PT rev (1m)2.28%
PT rev (3m)15.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.61%
EPS NY rev (1m)0.28%
EPS NY rev (3m)2.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)12.46%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)8.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.96 | ||
| Fwd PE | 25.96 | ||
| P/S | 6.82 | ||
| P/FCF | 28.63 | ||
| P/OCF | 26.03 | ||
| P/B | 6.24 | ||
| P/tB | 31.8 | ||
| EV/EBITDA | 32.45 |
EPS(TTM)7.15
EY3.34%
EPS(NY)8.25
Fwd EY3.85%
FCF(TTM)7.48
FCFY3.49%
OCF(TTM)8.23
OCFY3.84%
SpS31.4
BVpS34.35
TBVpS6.73
PEG (NY)1.94
PEG (5Y)3.71
Graham Number74.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.52% | ||
| ROE | 14.45% | ||
| ROCE | 9.27% | ||
| ROIC | 7.01% | ||
| ROICexc | 8.74% | ||
| ROICexgc | 23.25% | ||
| OM | 16.3% | ||
| PM (TTM) | 15.81% | ||
| GM | 62.08% | ||
| FCFM | 23.83% |
ROA(3y)8.77%
ROA(5y)10.34%
ROE(3y)16.4%
ROE(5y)19.97%
ROIC(3y)10.18%
ROIC(5y)11.65%
ROICexc(3y)14.62%
ROICexc(5y)16.81%
ROICexgc(3y)29.1%
ROICexgc(5y)30.96%
ROCE(3y)13.45%
ROCE(5y)15.4%
ROICexgc growth 3Y-12.8%
ROICexgc growth 5Y0.81%
ROICexc growth 3Y-26.14%
ROICexc growth 5Y-7.13%
OM growth 3Y-12.84%
OM growth 5Y-1.26%
PM growth 3Y-8.64%
PM growth 5Y1.26%
GM growth 3Y-0.83%
GM growth 5Y0.68%
F-Score5
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 1.98 | ||
| Debt/EBITDA | 2.2 | ||
| Cap/Depr | 46.38% | ||
| Cap/Sales | 2.38% | ||
| Interest Coverage | 11.38 | ||
| Cash Conversion | 122.31% | ||
| Profit Quality | 150.71% | ||
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 5.94 |
F-Score5
WACC9.32%
ROIC/WACC0.75
Cap/Depr(3y)65.29%
Cap/Depr(5y)67.64%
Cap/Sales(3y)3.02%
Cap/Sales(5y)3.2%
Profit Quality(3y)137.21%
Profit Quality(5y)125.07%
High Growth Momentum
Growth
EPS 1Y (TTM)14.22%
EPS 3Y-2.14%
EPS 5Y8.07%
EPS Q2Q%15.76%
EPS Next Y15.42%
EPS Next 2Y14.98%
EPS Next 3Y13.43%
EPS Next 5Y14.76%
Revenue 1Y (TTM)7.95%
Revenue growth 3Y-0.28%
Revenue growth 5Y4.95%
Sales Q2Q%10.26%
Revenue Next Year15.75%
Revenue Next 2Y10.99%
Revenue Next 3Y9.19%
Revenue Next 5Y8.41%
EBIT growth 1Y5.16%
EBIT growth 3Y-13.08%
EBIT growth 5Y3.63%
EBIT Next Year30.58%
EBIT Next 3Y15.75%
EBIT Next 5YN/A
FCF growth 1Y42.65%
FCF growth 3Y10.13%
FCF growth 5Y7.34%
OCF growth 1Y33.94%
OCF growth 3Y7.19%
OCF growth 5Y6.76%
KEYSIGHT TECHNOLOGIES IN / KEYS FAQ
Can you provide the ChartMill fundamental rating for KEYSIGHT TECHNOLOGIES IN?
ChartMill assigns a fundamental rating of 6 / 10 to KEYS.
What is the valuation status of KEYSIGHT TECHNOLOGIES IN (KEYS) stock?
ChartMill assigns a valuation rating of 4 / 10 to KEYSIGHT TECHNOLOGIES IN (KEYS). This can be considered as Fairly Valued.
Can you provide the profitability details for KEYSIGHT TECHNOLOGIES IN?
KEYSIGHT TECHNOLOGIES IN (KEYS) has a profitability rating of 8 / 10.
What is the financial health of KEYSIGHT TECHNOLOGIES IN (KEYS) stock?
The financial health rating of KEYSIGHT TECHNOLOGIES IN (KEYS) is 7 / 10.
Can you provide the expected EPS growth for KEYS stock?
The Earnings per Share (EPS) of KEYSIGHT TECHNOLOGIES IN (KEYS) is expected to grow by 15.42% in the next year.