TELEDYNE TECHNOLOGIES INC (TDY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TDY - US8793601050 - Common Stock
549.02 USD
+0.11 (+0.02%)
549.02 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 correct valuation and a medium growth rate.
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.
TDY had positive earnings in each of the past 5 years.
TDY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.32%, TDY is doing good in the industry, outperforming 72.58% of the companies in the same industry.
The Return On Equity of TDY (7.74%) is better than 66.13% of its industry peers.
The Return On Invested Capital of TDY (7.36%) is better than 74.19% 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 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
TDY has a better Profit Margin (13.62%) than 90.32% of its industry peers.
In the last couple of years the Profit Margin of TDY has grown nicely.
The Operating Margin of TDY (18.48%) is better than 95.97% of its industry peers.
TDY's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 42.73%, TDY is doing good in the industry, outperforming 71.77% of the companies in the same industry.
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
TDY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TDY has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TDY has more shares outstanding
Compared to 1 year ago, TDY has an improved debt to assets ratio.
2.2 Solvency
TDY has an Altman-Z score of 4.58. This indicates that TDY is financially healthy and has little risk of bankruptcy at the moment.
TDY's Altman-Z score of 4.58 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.
TDY's Debt to FCF ratio of 2.44 is fine compared to the rest of the industry. TDY outperforms 72.58% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that TDY is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.20, TDY perfoms like the industry average, outperforming 45.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 4.58 |
ROIC/WACC0.81
WACC9.14%
2.3 Liquidity
A Current Ratio of 1.79 indicates that TDY should not have too much problems paying its short term obligations.
The Current ratio of TDY (1.79) is worse than 66.13% of its industry peers.
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%.
Measured over the past years, TDY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.94% on average per year.
The Revenue has been growing slightly by 0.61% in the past 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
The Earnings Per Share is expected to grow by 8.79% on average over the next years. This is quite good.
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
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
TDY is valuated quite expensively with a Price/Earnings ratio of 25.85.
TDY's Price/Earnings ratio is a bit cheaper when compared to the industry. TDY is cheaper than 70.16% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. TDY is around the same levels.
The Price/Forward Earnings ratio is 23.02, which indicates a rather expensive current valuation of TDY.
Based on the Price/Forward Earnings ratio, TDY is valued a bit cheaper than 64.52% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TDY to the average of the S&P500 Index (23.88), we can say TDY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.85 | ||
| Fwd PE | 23.02 |
4.2 Price Multiples
TDY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TDY is cheaper than 62.90% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TDY is valued a bit cheaper than 76.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.83 | ||
| EV/EBITDA | 19.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TDY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.54
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% |
549.02
+0.11 (+0.02%)
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%
Ins Owners0.88%
Ins Owner Change-1.03%
Market Cap25.78B
Revenue(TTM)5.67B
Net Income(TTM)817.70M
Analysts78.89
Price Target626.05 (14.03%)
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 | 25.85 | ||
| Fwd PE | 23.02 | ||
| P/S | 4.29 | ||
| P/FCF | 24.83 | ||
| P/OCF | 22.52 | ||
| P/B | 2.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.31 |
EPS(TTM)21.24
EY3.87%
EPS(NY)23.85
Fwd EY4.34%
FCF(TTM)22.11
FCFY4.03%
OCF(TTM)24.38
OCFY4.44%
SpS127.91
BVpS224.94
TBVpS-4.36
PEG (NY)2.54
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
WACC9.14%
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 25.85 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.