KEYSIGHT TECHNOLOGIES IN (KEYS) Stock Fundamental Analysis
USA - NYSE:KEYS - US49338L1035 - Common Stock
169.67 USD
-4.94 (-2.83%)
169.67 USD
0 (0%)
Overall KEYS gets a fundamental rating of 6 out of 10. We evaluated KEYS against 123 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. With these ratings, KEYS could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year KEYS was profitable.
KEYS had a positive operating cash flow in the past year.
Each year in the past 5 years KEYS has been profitable.
KEYS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KEYS's Return On Assets of 5.11% is fine compared to the rest of the industry. KEYS outperforms 71.54% of its industry peers.
The Return On Equity of KEYS (9.59%) is better than 73.17% of its industry peers.
KEYS has a better Return On Invested Capital (7.28%) than 73.17% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KEYS is above the industry average of 9.10%.
The last Return On Invested Capital (7.28%) for KEYS is well below the 3 year average (12.66%), which needs to be investigated, but indicates that KEYS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 9.59% | ||
| ROIC | 7.28% |
ROA(3y)10.89%
ROA(5y)10.57%
ROE(3y)20.58%
ROE(5y)20.88%
ROIC(3y)12.66%
ROIC(5y)11.86%
1.3 Margins
KEYS has a better Profit Margin (10.38%) than 83.74% of its industry peers.
KEYS's Profit Margin has declined in the last couple of years.
The Operating Margin of KEYS (16.96%) is better than 91.87% of its industry peers.
KEYS's Operating Margin has been stable in the last couple of years.
KEYS has a better Gross Margin (62.37%) than 94.31% 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 | 16.96% | ||
| PM (TTM) | 10.38% | ||
| GM | 62.37% |
OM growth 3Y-8.53%
OM growth 5Y0.25%
PM growth 3Y-12%
PM growth 5Y-3.1%
GM growth 3Y0.43%
GM growth 5Y1.33%
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.
KEYS has a better debt/assets ratio than last year.
2.2 Solvency
KEYS has an Altman-Z score of 5.74. This indicates that KEYS is financially healthy and has little risk of bankruptcy at the moment.
KEYS has a better Altman-Z score (5.74) than 78.86% of its industry peers.
KEYS has a debt to FCF ratio of 1.79. This is a very positive value and a sign of high solvency as it would only need 1.79 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.79, KEYS is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
KEYS has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
KEYS has a Debt to Equity ratio of 0.45. This is in the lower half of the industry: KEYS underperforms 67.48% 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 | 0.45 | ||
| Debt/FCF | 1.79 | ||
| Altman-Z | 5.74 |
ROIC/WACC0.81
WACC9.01%
2.3 Liquidity
KEYS has a Current Ratio of 3.59. This indicates that KEYS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of KEYS (3.59) is better than 69.92% of its industry peers.
KEYS has a Quick Ratio of 2.94. This indicates that KEYS is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.94, KEYS is doing good in the industry, outperforming 71.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.59 | ||
| Quick Ratio | 2.94 |
3. Growth
3.1 Past
KEYS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.39%.
The Earnings Per Share has been growing slightly by 5.77% on average over the past years.
KEYS shows a small growth in Revenue. In the last year, the Revenue has grown by 4.80%.
The Revenue has been growing slightly by 2.96% on average over the past years.
EPS 1Y (TTM)4.39%
EPS 3Y0.16%
EPS 5Y5.77%
EPS Q2Q%9.55%
Revenue 1Y (TTM)4.8%
Revenue growth 3Y0.26%
Revenue growth 5Y2.96%
Sales Q2Q%11.09%
3.2 Future
The Earnings Per Share is expected to grow by 13.16% on average over the next years. This is quite good.
Based on estimates for the next years, KEYS will show a small growth in Revenue. The Revenue will grow by 6.56% on average per year.
EPS Next Y15.21%
EPS Next 2Y13.15%
EPS Next 3Y13.05%
EPS Next 5Y13.16%
Revenue Next Year7.84%
Revenue Next 2Y7.09%
Revenue Next 3Y6.82%
Revenue Next 5Y6.56%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 rather expensively with a Price/Earnings ratio of 24.63.
Based on the Price/Earnings ratio, KEYS is valued a bit cheaper than 65.85% of the companies in the same industry.
KEYS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.47, which is the current average of the S&P500 Index.
KEYS is valuated rather expensively with a Price/Forward Earnings ratio of 21.17.
64.23% of the companies in the same industry are more expensive than KEYS, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of KEYS to the average of the S&P500 Index (35.42), we can say KEYS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.63 | ||
| Fwd PE | 21.17 |
4.2 Price Multiples
KEYS's Enterprise Value to EBITDA ratio is in line with the industry average.
KEYS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KEYS is cheaper than 78.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.61 | ||
| EV/EBITDA | 25.83 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 13.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.62
PEG (5Y)4.27
EPS Next 2Y13.15%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
No dividends for KEYS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
169.67
-4.94 (-2.83%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners90.93%
Inst Owner Change13.45%
Ins Owners0.5%
Ins Owner Change-1.97%
Market Cap29.16B
Revenue(TTM)5.24B
Net Income(TTM)544.00M
Analysts78.95
Price Target190.76 (12.43%)
Short Float %2.23%
Short Ratio3.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1.09%
Min EPS beat(2)0.93%
Max EPS beat(2)1.26%
EPS beat(4)4
Avg EPS beat(4)2.71%
Min EPS beat(4)0.93%
Max EPS beat(4)5.63%
EPS beat(8)7
Avg EPS beat(8)3.72%
EPS beat(12)11
Avg EPS beat(12)4.5%
EPS beat(16)15
Avg EPS beat(16)5.27%
Revenue beat(2)2
Avg Revenue beat(2)0.6%
Min Revenue beat(2)0.6%
Max Revenue beat(2)0.61%
Revenue beat(4)3
Avg Revenue beat(4)0.28%
Min Revenue beat(4)-0.31%
Max Revenue beat(4)0.61%
Revenue beat(8)3
Avg Revenue beat(8)-0.29%
Revenue beat(12)5
Avg Revenue beat(12)-0.32%
Revenue beat(16)7
Avg Revenue beat(16)-0.21%
PT rev (1m)-0.37%
PT rev (3m)0.02%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)0.81%
EPS NY rev (1m)0%
EPS NY rev (3m)0.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.63 | ||
| Fwd PE | 21.17 | ||
| P/S | 5.56 | ||
| P/FCF | 20.61 | ||
| P/OCF | 18.9 | ||
| P/B | 5.14 | ||
| P/tB | 10.73 | ||
| EV/EBITDA | 25.83 |
EPS(TTM)6.89
EY4.06%
EPS(NY)8.01
Fwd EY4.72%
FCF(TTM)8.23
FCFY4.85%
OCF(TTM)8.98
OCFY5.29%
SpS30.51
BVpS32.99
TBVpS15.81
PEG (NY)1.62
PEG (5Y)4.27
Graham Number71.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 9.59% | ||
| ROCE | 9.78% | ||
| ROIC | 7.28% | ||
| ROICexc | 10.25% | ||
| ROICexgc | 18.9% | ||
| OM | 16.96% | ||
| PM (TTM) | 10.38% | ||
| GM | 62.37% | ||
| FCFM | 26.99% |
ROA(3y)10.89%
ROA(5y)10.57%
ROE(3y)20.58%
ROE(5y)20.88%
ROIC(3y)12.66%
ROIC(5y)11.86%
ROICexc(3y)18.63%
ROICexc(5y)17.31%
ROICexgc(3y)32.51%
ROICexgc(5y)30.28%
ROCE(3y)17.01%
ROCE(5y)15.93%
ROICexgc growth 3Y-13.95%
ROICexgc growth 5Y-2.26%
ROICexc growth 3Y-17.39%
ROICexc growth 5Y-4.86%
OM growth 3Y-8.53%
OM growth 5Y0.25%
PM growth 3Y-12%
PM growth 5Y-3.1%
GM growth 3Y0.43%
GM growth 5Y1.33%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 1.79 | ||
| Debt/EBITDA | 2.19 | ||
| Cap/Depr | 47.58% | ||
| Cap/Sales | 2.44% | ||
| Interest Coverage | 11.7 | ||
| Cash Conversion | 133.25% | ||
| Profit Quality | 260.11% | ||
| Current Ratio | 3.59 | ||
| Quick Ratio | 2.94 | ||
| Altman-Z | 5.74 |
F-Score5
WACC9.01%
ROIC/WACC0.81
Cap/Depr(3y)77.48%
Cap/Depr(5y)65.55%
Cap/Sales(3y)3.36%
Cap/Sales(5y)3.28%
Profit Quality(3y)115.41%
Profit Quality(5y)123.61%
High Growth Momentum
Growth
EPS 1Y (TTM)4.39%
EPS 3Y0.16%
EPS 5Y5.77%
EPS Q2Q%9.55%
EPS Next Y15.21%
EPS Next 2Y13.15%
EPS Next 3Y13.05%
EPS Next 5Y13.16%
Revenue 1Y (TTM)4.8%
Revenue growth 3Y0.26%
Revenue growth 5Y2.96%
Sales Q2Q%11.09%
Revenue Next Year7.84%
Revenue Next 2Y7.09%
Revenue Next 3Y6.82%
Revenue Next 5Y6.56%
EBIT growth 1Y-3.37%
EBIT growth 3Y-8.29%
EBIT growth 5Y3.22%
EBIT Next Year22.8%
EBIT Next 3Y12.68%
EBIT Next 5Y12.93%
FCF growth 1Y16.75%
FCF growth 3Y-7.86%
FCF growth 5Y0.45%
OCF growth 1Y8.05%
OCF growth 3Y-7.33%
OCF growth 5Y1.06%
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.
Can you provide the valuation status for KEYSIGHT TECHNOLOGIES IN?
ChartMill assigns a valuation rating of 5 / 10 to KEYSIGHT TECHNOLOGIES IN (KEYS). This can be considered as Fairly Valued.
What is the profitability of KEYS stock?
KEYSIGHT TECHNOLOGIES IN (KEYS) has a profitability rating of 8 / 10.
How financially healthy is KEYSIGHT TECHNOLOGIES IN?
The financial health rating of KEYSIGHT TECHNOLOGIES IN (KEYS) is 8 / 10.