KEYSIGHT TECHNOLOGIES IN (KEYS) Stock Fundamental Analysis
NYSE:KEYS • US49338L1035
307.33 USD
+1.3 (+0.42%)
At close: Feb 27, 2026
310.023 USD
+2.69 (+0.88%)
After Hours: 2/27/2026, 8:14:43 PM
Taking everything into account, KEYS scores 6 out of 10 in our fundamental rating. KEYS was compared to 124 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. This makes KEYS very considerable 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.
- Each year in the past 5 years KEYS has been profitable.
- Each year in the past 5 years KEYS had a positive operating cash flow.
1.2 Ratios
- KEYS has a better Return On Assets (8.38%) than 87.90% of its industry peers.
- With an excellent Return On Equity value of 15.50%, KEYS belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
- With a decent Return On Invested Capital value of 7.08%, KEYS is doing good in the industry, outperforming 68.55% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for KEYS is in line with the industry average of 8.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.38% | ||
| ROE | 15.5% | ||
| ROIC | 7.08% |
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
- KEYS has a Profit Margin of 16.95%. This is amongst the best in the industry. KEYS outperforms 94.35% of its industry peers.
- In the last couple of years the Profit Margin of KEYS has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 15.96%, KEYS belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
- In the last couple of years the Operating Margin of KEYS has remained more or less at the same level.
- KEYS's Gross Margin of 61.86% is amongst the best of the industry. KEYS outperforms 95.16% 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 | 15.96% | ||
| PM (TTM) | 16.95% | ||
| GM | 61.86% |
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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KEYS is creating some value.
- The number of shares outstanding for KEYS has been reduced compared to 1 year ago.
- Compared to 5 years ago, KEYS has less shares outstanding
- Compared to 1 year ago, KEYS has a worse debt to assets ratio.
2.2 Solvency
- KEYS has an Altman-Z score of 7.92. This indicates that KEYS is financially healthy and has little risk of bankruptcy at the moment.
- KEYS has a Altman-Z score of 7.92. This is amongst the best in the industry. KEYS outperforms 84.68% of its industry peers.
- The Debt to FCF ratio of KEYS is 1.89, which is an excellent value as it means it would take KEYS, only 1.89 years of fcf income to pay off all of its debts.
- KEYS's Debt to FCF ratio of 1.89 is fine compared to the rest of the industry. KEYS outperforms 79.03% of its industry peers.
- KEYS has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
- KEYS has a worse Debt to Equity ratio (0.41) than 65.32% 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 | 0.41 | ||
| Debt/FCF | 1.89 | ||
| Altman-Z | 7.92 |
ROIC/WACC0.79
WACC8.96%
2.3 Liquidity
- A Current Ratio of 2.60 indicates that KEYS has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.60, KEYS is in line with its industry, outperforming 52.42% of the companies in the same industry.
- KEYS has a Quick Ratio of 2.02. This indicates that KEYS is financially healthy and has no problem in meeting its short term obligations.
- KEYS has a Quick ratio of 2.02. This is in the better half of the industry: KEYS outperforms 61.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.6 | ||
| Quick Ratio | 2.02 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 16.28% over the past year.
- The Earnings Per Share has been growing by 8.07% on average over the past years. This is quite good.
- KEYS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.13%.
- 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)16.28%
EPS 3Y-2.14%
EPS 5Y8.07%
EPS Q2Q%19.23%
Revenue 1Y (TTM)13.13%
Revenue growth 3Y-0.28%
Revenue growth 5Y4.95%
Sales Q2Q%23.27%
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.
- Based on estimates for the next years, KEYS will show a quite strong growth in Revenue. The Revenue will grow by 8.41% on average per year.
EPS Next Y15.53%
EPS Next 2Y15.03%
EPS Next 3Y13.5%
EPS Next 5Y14.76%
Revenue Next Year15.8%
Revenue Next 2Y11.02%
Revenue Next 3Y9.21%
Revenue Next 5Y8.41%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- KEYS is valuated quite expensively with a Price/Earnings ratio of 40.98.
- 60.48% of the companies in the same industry are more expensive than KEYS, based on the Price/Earnings ratio.
- KEYS is valuated expensively when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 32.48 indicates a quite expensive valuation of KEYS.
- The rest of the industry has a similar Price/Forward Earnings ratio as KEYS.
- KEYS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.98 | ||
| Fwd PE | 32.48 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as KEYS.
- Based on the Price/Free Cash Flow ratio, KEYS is valued a bit cheaper than the industry average as 66.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.28 | ||
| EV/EBITDA | 43.28 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- KEYS has an outstanding profitability rating, which may justify a higher PE ratio.
- KEYS's earnings are expected to grow with 13.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.64
PEG (5Y)5.08
EPS Next 2Y15.03%
EPS Next 3Y13.5%
5. Dividend
5.1 Amount
- No dividends for KEYS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
307.33
+1.3 (+0.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-23 2026-02-23/amc
Earnings (Next)05-18 2026-05-18/amc
Inst Owners91.79%
Inst Owner Change-0.14%
Ins Owners0.49%
Ins Owner Change1.63%
Market Cap52.71B
Revenue(TTM)5.68B
Net Income(TTM)962.00M
Analysts79
Price Target229.11 (-25.45%)
Short Float %1.55%
Short Ratio2.47
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)4.4%
Min EPS beat(2)2.17%
Max EPS beat(2)6.63%
EPS beat(4)4
Avg EPS beat(4)2.74%
Min EPS beat(4)0.93%
Max EPS beat(4)6.63%
EPS beat(8)7
Avg EPS beat(8)4.19%
EPS beat(12)11
Avg EPS beat(12)4.21%
EPS beat(16)15
Avg EPS beat(16)5.02%
Revenue beat(2)2
Avg Revenue beat(2)1.17%
Min Revenue beat(2)0.5%
Max Revenue beat(2)1.85%
Revenue beat(4)4
Avg Revenue beat(4)0.89%
Min Revenue beat(4)0.5%
Max Revenue beat(4)1.85%
Revenue beat(8)5
Avg Revenue beat(8)0.31%
Revenue beat(12)6
Avg Revenue beat(12)-0.12%
Revenue beat(16)9
Avg Revenue beat(16)0.03%
PT rev (1m)0.42%
PT rev (3m)14.59%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.11%
EPS NY rev (1m)0%
EPS NY rev (3m)3.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.87%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.98 | ||
| Fwd PE | 32.48 | ||
| P/S | 9.29 | ||
| P/FCF | 39.28 | ||
| P/OCF | 35.81 | ||
| P/B | 8.5 | ||
| P/tB | 35.62 | ||
| EV/EBITDA | 43.28 |
EPS(TTM)7.5
EY2.44%
EPS(NY)9.46
Fwd EY3.08%
FCF(TTM)7.82
FCFY2.55%
OCF(TTM)8.58
OCFY2.79%
SpS33.1
BVpS36.18
TBVpS8.63
PEG (NY)2.64
PEG (5Y)5.08
Graham Number78.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.38% | ||
| ROE | 15.5% | ||
| ROCE | 9.36% | ||
| ROIC | 7.08% | ||
| ROICexc | 9.14% | ||
| ROICexgc | 24.72% | ||
| OM | 15.96% | ||
| PM (TTM) | 16.95% | ||
| GM | 61.86% | ||
| FCFM | 23.64% |
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 Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.89 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 41.27% | ||
| Cap/Sales | 2.29% | ||
| Interest Coverage | 8.31 | ||
| Cash Conversion | 120.56% | ||
| Profit Quality | 139.5% | ||
| Current Ratio | 2.6 | ||
| Quick Ratio | 2.02 | ||
| Altman-Z | 7.92 |
F-Score5
WACC8.96%
ROIC/WACC0.79
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)16.28%
EPS 3Y-2.14%
EPS 5Y8.07%
EPS Q2Q%19.23%
EPS Next Y15.53%
EPS Next 2Y15.03%
EPS Next 3Y13.5%
EPS Next 5Y14.76%
Revenue 1Y (TTM)13.13%
Revenue growth 3Y-0.28%
Revenue growth 5Y4.95%
Sales Q2Q%23.27%
Revenue Next Year15.8%
Revenue Next 2Y11.02%
Revenue Next 3Y9.21%
Revenue Next 5Y8.41%
EBIT growth 1Y9.16%
EBIT growth 3Y-13.08%
EBIT growth 5Y3.63%
EBIT Next Year30.87%
EBIT Next 3Y15.49%
EBIT Next 5YN/A
FCF growth 1Y13.06%
FCF growth 3Y10.13%
FCF growth 5Y7.34%
OCF growth 1Y7.45%
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 8 / 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 15.53% in the next year.