TELEDYNE TECHNOLOGIES INC (TDY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TDY - US8793601050 - Common Stock
510.73 USD
-7.27 (-1.4%)
510.73 USD
0 (0%)
TDY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 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.
TDY had a positive operating cash flow in the past year.
Each year in the past 5 years TDY has been profitable.
TDY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TDY has a Return On Assets of 5.32%. This is in the better half of the industry: TDY outperforms 72.58% of its industry peers.
With a decent Return On Equity value of 7.74%, TDY is doing good in the industry, outperforming 66.13% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.36%, TDY is doing good in the industry, outperforming 74.19% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TDY is in line with the industry average of 9.00%.
The last Return On Invested Capital (7.36%) for TDY is above the 3 year average (7.12%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 13.62%, TDY belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
In the last couple of years the Profit Margin of TDY has grown nicely.
TDY's Operating Margin of 18.48% is amongst the best of the industry. TDY outperforms 95.97% of its industry peers.
In the last couple of years the Operating Margin of TDY has grown nicely.
The Gross Margin of TDY (42.73%) is better than 71.77% of its industry peers.
In the last couple of years the Gross Margin of TDY has grown nicely.
| 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.
TDY has more shares outstanding than it did 5 years ago.
TDY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.36 indicates that TDY is not in any danger for bankruptcy at the moment.
TDY's Altman-Z score of 4.36 is fine compared to the rest of the industry. TDY outperforms 66.94% of its industry peers.
The Debt to FCF ratio of TDY is 2.44, which is a good value as it means it would take TDY, 2.44 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.44, TDY is in the better half of the industry, outperforming 72.58% of the companies in the same industry.
A Debt/Equity ratio of 0.20 indicates that TDY is not too dependend on debt financing.
TDY has a Debt to Equity ratio (0.20) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 4.36 |
ROIC/WACC0.83
WACC8.84%
2.3 Liquidity
TDY has a Current Ratio of 1.79. This is a normal value and indicates that TDY is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.79, TDY is doing worse than 66.13% of the companies in the same industry.
A Quick Ratio of 1.20 indicates that TDY should not have too much problems paying its short term obligations.
TDY has a Quick ratio of 1.20. This is in the lower half of the industry: TDY underperforms 68.55% 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%.
TDY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.94% yearly.
TDY shows a small growth in Revenue. In the last year, the Revenue has grown by 0.61%.
Measured over the past years, TDY shows a quite strong growth in Revenue. The Revenue has been growing by 12.38% on average per year.
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.
Based on estimates for the next years, TDY will show a small growth in Revenue. The Revenue will grow by 5.80% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.05, which indicates a rather expensive current valuation of TDY.
Compared to the rest of the industry, the Price/Earnings ratio of TDY indicates a somewhat cheap valuation: TDY is cheaper than 72.58% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, TDY is valued at the same level.
A Price/Forward Earnings ratio of 21.41 indicates a rather expensive valuation of TDY.
Based on the Price/Forward Earnings ratio, TDY is valued a bit cheaper than the industry average as 65.32% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of TDY to the average of the S&P500 Index (23.13), we can say TDY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.05 | ||
| Fwd PE | 21.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TDY is valued a bit cheaper than the industry average as 62.90% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TDY is valued a bit cheaper than 75.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.1 | ||
| EV/EBITDA | 18.06 |
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)2.37
PEG (5Y)1.86
EPS Next 2Y9.9%
EPS Next 3Y8.79%
5. Dividend
5.1 Amount
TDY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
510.73
-7.27 (-1.4%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.95%
Inst Owner Change1.7%
Ins Owners0.88%
Ins Owner Change-1.03%
Market Cap23.98B
Revenue(TTM)5.67B
Net Income(TTM)817.70M
Analysts80
Price Target626.05 (22.58%)
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)-0.09%
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)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.05 | ||
| Fwd PE | 21.41 | ||
| P/S | 3.99 | ||
| P/FCF | 23.1 | ||
| P/OCF | 20.95 | ||
| P/B | 2.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.06 |
EPS(TTM)21.24
EY4.16%
EPS(NY)23.85
Fwd EY4.67%
FCF(TTM)22.11
FCFY4.33%
OCF(TTM)24.38
OCFY4.77%
SpS127.91
BVpS224.94
TBVpS-4.36
PEG (NY)2.37
PEG (5Y)1.86
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 | 4.36 |
F-Score5
WACC8.84%
ROIC/WACC0.83
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 24.05 and the Price/Book (PB) ratio is 2.27.
What is the financial health of TELEDYNE TECHNOLOGIES INC (TDY) stock?
The financial health rating of TELEDYNE TECHNOLOGIES INC (TDY) is 5 / 10.