TELEDYNE TECHNOLOGIES INC (TDY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TDY - US8793601050 - Common Stock
549.63 USD
+0.61 (+0.11%)
549.63 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TDY. TDY was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. TDY scores excellent on profitability, but there are some minor concerns on its financial health. TDY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
TDY had positive earnings in the past year.
In the past year TDY had a positive cash flow from operations.
TDY had positive earnings in each of the past 5 years.
Each year in the past 5 years TDY had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.32%, TDY is in the better half of the industry, outperforming 72.80% of the companies in the same industry.
With a decent Return On Equity value of 7.74%, TDY is doing good in the industry, outperforming 66.40% of the companies in the same industry.
TDY has a Return On Invested Capital of 7.36%. This is in the better half of the industry: TDY outperforms 74.40% of its industry peers.
TDY had an Average Return On Invested Capital over the past 3 years of 7.12%. This is in line with the industry average of 8.82%.
The 3 year average ROIC (7.12%) for TDY is below the current ROIC(7.36%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 7.74% | ||
| ROIC | 7.36% |
ROA(3y)5.79%
ROA(5y)5.67%
ROE(3y)9.28%
ROE(5y)9.23%
ROIC(3y)7.12%
ROIC(5y)7.17%
1.3 Margins
TDY's Profit Margin of 13.62% is amongst the best of the industry. TDY outperforms 90.40% of its industry peers.
TDY's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 18.48%, TDY belongs to the top of the industry, outperforming 95.20% of the companies in the same industry.
In the last couple of years the Operating Margin of TDY has grown nicely.
Looking at the Gross Margin, with a value of 42.73%, TDY is in the better half of the industry, outperforming 72.80% of the companies in the same industry.
TDY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.48% | ||
| PM (TTM) | 13.62% | ||
| GM | 42.73% |
OM growth 3Y9.21%
OM growth 5Y3.4%
PM growth 3Y14.4%
PM growth 5Y2.59%
GM growth 3Y2.43%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TDY is destroying value.
TDY has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TDY has more shares outstanding
The debt/assets ratio for TDY has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.58 indicates that TDY is not in any danger for bankruptcy at the moment.
TDY has a better Altman-Z score (4.58) than 65.60% of its industry peers.
TDY has a debt to FCF ratio of 2.44. This is a good value and a sign of high solvency as TDY would need 2.44 years to pay back of all of its debts.
TDY has a Debt to FCF ratio of 2.44. This is in the better half of the industry: TDY outperforms 72.80% of its industry peers.
TDY has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
TDY has a Debt to Equity ratio (0.20) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 4.58 |
ROIC/WACC0.81
WACC9.06%
2.3 Liquidity
A Current Ratio of 1.79 indicates that TDY should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.79, TDY is doing worse than 65.60% of the companies in the same industry.
TDY has a Quick Ratio of 1.20. This is a normal value and indicates that TDY is financially healthy and should not expect problems in meeting its short term obligations.
TDY has a worse Quick ratio (1.20) than 68.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
TDY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.54%.
The Earnings Per Share has been growing by 12.94% on average over the past years. This is quite good.
Looking at the last year, TDY shows a small growth in Revenue. The Revenue has grown by 0.61% in the last year.
The Revenue has been growing by 12.38% on average over the past years. This is quite good.
EPS 1Y (TTM)7.54%
EPS 3Y6.11%
EPS 5Y12.94%
EPS Q2Q%0%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y7.11%
Revenue growth 5Y12.38%
Sales Q2Q%0%
3.2 Future
Based on estimates for the next years, TDY will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.79% on average per year.
The Revenue is expected to grow by 5.80% on average over the next years.
EPS Next Y10.17%
EPS Next 2Y9.9%
EPS Next 3Y8.79%
EPS Next 5YN/A
Revenue Next Year8.11%
Revenue Next 2Y6.41%
Revenue Next 3Y5.8%
Revenue Next 5YN/A
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.88, which means the current valuation is very expensive for TDY.
TDY's Price/Earnings ratio is a bit cheaper when compared to the industry. TDY is cheaper than 70.40% of the companies in the same industry.
TDY is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
TDY is valuated rather expensively with a Price/Forward Earnings ratio of 23.04.
Based on the Price/Forward Earnings ratio, TDY is valued a bit cheaper than 66.40% of the companies in the same industry.
TDY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.88 | ||
| Fwd PE | 23.04 |
4.2 Price Multiples
64.80% of the companies in the same industry are more expensive than TDY, based on the Enterprise Value to EBITDA ratio.
TDY's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TDY is cheaper than 76.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.86 | ||
| EV/EBITDA | 19.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TDY does not grow enough to justify the current Price/Earnings ratio.
TDY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.55
PEG (5Y)2
EPS Next 2Y9.9%
EPS Next 3Y8.79%
5. Dividend
5.1 Amount
No dividends for TDY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
549.63
+0.61 (+0.11%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.98%
Inst Owner Change0.22%
Ins Owners0.88%
Ins Owner Change-1.03%
Market Cap25.81B
Revenue(TTM)5.67B
Net Income(TTM)817.70M
Analysts78.89
Price Target626.05 (13.9%)
Short Float %2.05%
Short Ratio2.66
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)1.31%
Min EPS beat(2)0.7%
Max EPS beat(2)1.93%
EPS beat(4)3
Avg EPS beat(4)1.71%
Min EPS beat(4)-0.41%
Max EPS beat(4)4.61%
EPS beat(8)6
Avg EPS beat(8)1.68%
EPS beat(12)9
Avg EPS beat(12)2.25%
EPS beat(16)13
Avg EPS beat(16)2.84%
Revenue beat(2)1
Avg Revenue beat(2)0.65%
Min Revenue beat(2)-0.23%
Max Revenue beat(2)1.52%
Revenue beat(4)3
Avg Revenue beat(4)1.11%
Min Revenue beat(4)-0.23%
Max Revenue beat(4)2.55%
Revenue beat(8)4
Avg Revenue beat(8)-0.35%
Revenue beat(12)4
Avg Revenue beat(12)-0.51%
Revenue beat(16)5
Avg Revenue beat(16)-0.6%
PT rev (1m)-0.63%
PT rev (3m)0.72%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)-0.35%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)0.13%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.88 | ||
| Fwd PE | 23.04 | ||
| P/S | 4.3 | ||
| P/FCF | 24.86 | ||
| P/OCF | 22.54 | ||
| P/B | 2.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.31 |
EPS(TTM)21.24
EY3.86%
EPS(NY)23.85
Fwd EY4.34%
FCF(TTM)22.11
FCFY4.02%
OCF(TTM)24.38
OCFY4.44%
SpS127.91
BVpS224.94
TBVpS-4.36
PEG (NY)2.55
PEG (5Y)2
Graham Number327.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 7.74% | ||
| ROCE | 8.18% | ||
| ROIC | 7.36% | ||
| ROICexc | 7.66% | ||
| ROICexgc | 43.97% | ||
| OM | 18.48% | ||
| PM (TTM) | 13.62% | ||
| GM | 42.73% | ||
| FCFM | 17.29% |
ROA(3y)5.79%
ROA(5y)5.67%
ROE(3y)9.28%
ROE(5y)9.23%
ROIC(3y)7.12%
ROIC(5y)7.17%
ROICexc(3y)7.49%
ROICexc(5y)7.8%
ROICexgc(3y)46.11%
ROICexgc(5y)42.36%
ROCE(3y)7.91%
ROCE(5y)7.97%
ROICexgc growth 3Y6.58%
ROICexgc growth 5Y1.03%
ROICexc growth 3Y17.51%
ROICexc growth 5Y-9.02%
OM growth 3Y9.21%
OM growth 5Y3.4%
PM growth 3Y14.4%
PM growth 5Y2.59%
GM growth 3Y2.43%
GM growth 5Y1.79%
F-Score5
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.44 | ||
| Debt/EBITDA | 1.45 | ||
| Cap/Depr | 32.38% | ||
| Cap/Sales | 1.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.56% | ||
| Profit Quality | 126.97% | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 4.58 |
F-Score5
WACC9.06%
ROIC/WACC0.81
Cap/Depr(3y)30.4%
Cap/Depr(5y)35.99%
Cap/Sales(3y)1.74%
Cap/Sales(5y)1.95%
Profit Quality(3y)88.9%
Profit Quality(5y)113.06%
High Growth Momentum
Growth
EPS 1Y (TTM)7.54%
EPS 3Y6.11%
EPS 5Y12.94%
EPS Q2Q%0%
EPS Next Y10.17%
EPS Next 2Y9.9%
EPS Next 3Y8.79%
EPS Next 5YN/A
Revenue 1Y (TTM)0.61%
Revenue growth 3Y7.11%
Revenue growth 5Y12.38%
Sales Q2Q%0%
Revenue Next Year8.11%
Revenue Next 2Y6.41%
Revenue Next 3Y5.8%
Revenue Next 5YN/A
EBIT growth 1Y8.44%
EBIT growth 3Y16.98%
EBIT growth 5Y16.2%
EBIT Next Year29.04%
EBIT Next 3Y13.82%
EBIT Next 5YN/A
FCF growth 1Y29.68%
FCF growth 3Y15.3%
FCF growth 5Y23%
OCF growth 1Y25.87%
OCF growth 3Y13.07%
OCF growth 5Y19.85%
TELEDYNE TECHNOLOGIES INC / TDY FAQ
Can you provide the ChartMill fundamental rating for TELEDYNE TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 5 / 10 to TDY.
What is the valuation status of TELEDYNE TECHNOLOGIES INC (TDY) stock?
ChartMill assigns a valuation rating of 4 / 10 to TELEDYNE TECHNOLOGIES INC (TDY). This can be considered as Fairly Valued.
Can you provide the profitability details for TELEDYNE TECHNOLOGIES INC?
TELEDYNE TECHNOLOGIES INC (TDY) has a profitability rating of 8 / 10.
What is the valuation of TELEDYNE TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TELEDYNE TECHNOLOGIES INC (TDY) is 25.88 and the Price/Book (PB) ratio is 2.44.
What is the financial health of TELEDYNE TECHNOLOGIES INC (TDY) stock?
The financial health rating of TELEDYNE TECHNOLOGIES INC (TDY) is 5 / 10.