KEYSIGHT TECHNOLOGIES IN (KEYS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KEYS - US49338L1035 - Common Stock
197.95 USD
+1.76 (+0.9%)
197.95 USD
0 (0%)
Overall KEYS gets a fundamental rating of 6 out of 10. We evaluated KEYS against 124 industry peers in the Electronic Equipment, Instruments & Components industry. KEYS gets an excellent profitability rating and is at the same time showing great financial health properties. 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
KEYS had positive earnings in the past year.
KEYS had a positive operating cash flow in the past year.
KEYS had positive earnings in each of the past 5 years.
KEYS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KEYS's Return On Assets of 7.49% is amongst the best of the industry. KEYS outperforms 86.40% of its industry peers.
KEYS has a better Return On Equity (14.40%) than 80.80% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.02%, KEYS is in the better half of the industry, outperforming 70.40% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KEYS is in line with the industry average of 9.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.49% | ||
| ROE | 14.4% | ||
| ROIC | 7.02% |
ROA(3y)8.76%
ROA(5y)10.33%
ROE(3y)16.38%
ROE(5y)19.95%
ROIC(3y)10.18%
ROIC(5y)11.65%
1.3 Margins
With an excellent Profit Margin value of 15.74%, KEYS belongs to the best of the industry, outperforming 92.80% of the companies in the same industry.
KEYS's Profit Margin has been stable in the last couple of years.
KEYS's Operating Margin of 16.30% is amongst the best of the industry. KEYS outperforms 91.20% of its industry peers.
In the last couple of years the Operating Margin of KEYS has remained more or less at the same level.
KEYS has a better Gross Margin (62.08%) than 94.40% of its industry peers.
KEYS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.3% | ||
| PM (TTM) | 15.74% | ||
| GM | 62.08% |
OM growth 3Y-12.84%
OM growth 5Y-1.26%
PM growth 3Y-8.78%
PM growth 5Y1.16%
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.
KEYS has less shares outstanding than it did 1 year ago.
KEYS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, KEYS has a worse debt to assets ratio.
2.2 Solvency
KEYS has an Altman-Z score of 5.64. This indicates that KEYS is financially healthy and has little risk of bankruptcy at the moment.
KEYS's Altman-Z score of 5.64 is fine compared to the rest of the industry. KEYS outperforms 77.60% of its industry peers.
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.
The Debt to FCF ratio of KEYS (1.98) is better than 77.60% of its industry peers.
KEYS has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.43, KEYS is not doing good in the industry: 66.40% of the companies in the same industry are doing better.
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 | 5.64 |
ROIC/WACC0.78
WACC9.05%
2.3 Liquidity
KEYS has a Current Ratio of 2.35. This indicates that KEYS is financially healthy and has no problem in meeting its short term obligations.
KEYS has a Current ratio (2.35) which is in line with its industry peers.
KEYS has a Quick Ratio of 1.78. This is a normal value and indicates that KEYS is financially healthy and should not expect problems in meeting its short term obligations.
KEYS has a Quick ratio (1.78) which is comparable to the rest of the industry.
| 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.
KEYS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.07% yearly.
The Revenue has been growing slightly by 7.95% in the past 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 12.90% on average per year.
The Revenue is expected to grow by 6.24% on average over the next years.
EPS Next Y12.09%
EPS Next 2Y12.47%
EPS Next 3Y11.78%
EPS Next 5Y12.9%
Revenue Next Year6.33%
Revenue Next 2Y6.32%
Revenue Next 3Y7.4%
Revenue Next 5Y6.24%
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
KEYS is valuated quite expensively with a Price/Earnings ratio of 27.69.
64.80% of the companies in the same industry are more expensive than KEYS, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.31, KEYS is valued at the same level.
A Price/Forward Earnings ratio of 24.70 indicates a rather expensive valuation of KEYS.
60.80% 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 (36.59), we can say KEYS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.69 | ||
| Fwd PE | 24.7 |
4.2 Price Multiples
KEYS's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, KEYS is valued a bit cheaper than the industry average as 72.80% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.56 | ||
| EV/EBITDA | 30.1 |
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.
The excellent profitability rating of KEYS may justify a higher PE ratio.
PEG (NY)2.29
PEG (5Y)3.43
EPS Next 2Y12.47%
EPS Next 3Y11.78%
5. Dividend
5.1 Amount
KEYS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
197.95
+1.76 (+0.9%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners90.93%
Inst Owner Change13.84%
Ins Owners0.5%
Ins Owner Change3.36%
Market Cap34.02B
Revenue(TTM)5.38B
Net Income(TTM)846.00M
Analysts78.95
Price Target196.88 (-0.54%)
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)1.55%
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)2.82%
PT rev (3m)2.9%
EPS NQ rev (1m)-1.28%
EPS NQ rev (3m)-1.28%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)4.29%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.69 | ||
| Fwd PE | 24.7 | ||
| P/S | 6.33 | ||
| P/FCF | 26.56 | ||
| P/OCF | 24.14 | ||
| P/B | 5.79 | ||
| P/tB | 29.4 | ||
| EV/EBITDA | 30.1 |
EPS(TTM)7.15
EY3.61%
EPS(NY)8.01
Fwd EY4.05%
FCF(TTM)7.45
FCFY3.77%
OCF(TTM)8.2
OCFY4.14%
SpS31.28
BVpS34.2
TBVpS6.73
PEG (NY)2.29
PEG (5Y)3.43
Graham Number74.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.49% | ||
| ROE | 14.4% | ||
| ROCE | 9.28% | ||
| ROIC | 7.02% | ||
| ROICexc | 8.75% | ||
| ROICexgc | 23.25% | ||
| OM | 16.3% | ||
| PM (TTM) | 15.74% | ||
| GM | 62.08% | ||
| FCFM | 23.83% |
ROA(3y)8.76%
ROA(5y)10.33%
ROE(3y)16.38%
ROE(5y)19.95%
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)13.46%
ROCE(5y)15.4%
ROICexgc growth 3Y-12.8%
ROICexgc growth 5Y0.81%
ROICexc growth 3Y-26.12%
ROICexc growth 5Y-7.11%
OM growth 3Y-12.84%
OM growth 5Y-1.26%
PM growth 3Y-8.78%
PM growth 5Y1.16%
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 | 151.42% | ||
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.78 | ||
| Altman-Z | 5.64 |
F-Score5
WACC9.05%
ROIC/WACC0.78
Cap/Depr(3y)65.29%
Cap/Depr(5y)67.64%
Cap/Sales(3y)3.02%
Cap/Sales(5y)3.2%
Profit Quality(3y)137.45%
Profit Quality(5y)125.21%
High Growth Momentum
Growth
EPS 1Y (TTM)14.22%
EPS 3Y-2.14%
EPS 5Y8.07%
EPS Q2Q%15.76%
EPS Next Y12.09%
EPS Next 2Y12.47%
EPS Next 3Y11.78%
EPS Next 5Y12.9%
Revenue 1Y (TTM)7.95%
Revenue growth 3Y-0.28%
Revenue growth 5Y4.95%
Sales Q2Q%10.26%
Revenue Next Year6.33%
Revenue Next 2Y6.32%
Revenue Next 3Y7.4%
Revenue Next 5Y6.24%
EBIT growth 1Y5.16%
EBIT growth 3Y-13.08%
EBIT growth 5Y3.63%
EBIT Next Year23.56%
EBIT Next 3Y14.31%
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.
Can you provide the valuation status for KEYSIGHT TECHNOLOGIES IN?
ChartMill assigns a valuation rating of 4 / 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 7 / 10.