TELEDYNE TECHNOLOGIES INC (TDY)
US8793601050 - Common Stock
Overall TDY gets a fundamental rating of 5 out of 10. We evaluated TDY against 124 industry peers in the Electronic Equipment, Instruments & Components industry. TDY scores excellent on profitability, but there are 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.
In the past 5 years TDY has always 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 6.50%. This is in the better half of the industry: TDY outperforms 78.86% of its industry peers.
Looking at the Return On Equity, with a value of 9.84%, TDY is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
TDY has a better Return On Invested Capital (7.04%) than 71.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TDY is below the industry average of 8.72%.
The 3 year average ROIC (6.19%) for TDY is below the current ROIC(7.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.5% | ||
| ROE | 9.84% | ||
| ROIC | 7.04% |
ROA(3y)4.89%
ROA(5y)6.27%
ROE(3y)8.37%
ROE(5y)10.47%
ROIC(3y)6.19%
ROIC(5y)8.02%
1.3 Margins
Looking at the Profit Margin, with a value of 16.88%, TDY belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
In the last couple of years the Profit Margin of TDY has grown nicely.
The Operating Margin of TDY (18.30%) is better than 94.31% of its industry peers.
In the last couple of years the Operating Margin of TDY has grown nicely.
TDY has a Gross Margin of 43.18%. This is in the better half of the industry: TDY outperforms 73.17% of its industry peers.
TDY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.3% | ||
| PM (TTM) | 16.88% | ||
| GM | 43.18% |
OM growth 3Y5.67%
OM growth 5Y5.04%
PM growth 3Y6.47%
PM growth 5Y6.44%
GM growth 3Y4.2%
GM growth 5Y2.49%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TDY is destroying value.
TDY has more shares outstanding than it did 1 year ago.
TDY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TDY has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of TDY is 3.01, which is a good value as it means it would take TDY, 3.01 years of fcf income to pay off all of its debts.
TDY has a better Debt to FCF ratio (3.01) than 69.11% of its industry peers.
TDY has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.28, TDY is not doing good in the industry: 61.79% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | N/A |
ROIC/WACC0.73
WACC9.62%
2.3 Liquidity
TDY has a Current Ratio of 2.00. This is a normal value and indicates that TDY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 2.00, TDY is not doing good in the industry: 65.85% of the companies in the same industry are doing better.
TDY has a Quick Ratio of 1.35. 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 Quick ratio, with a value of 1.35, TDY is doing worse than 65.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.50% over the past year.
Measured over the past years, TDY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.92% on average per year.
Looking at the last year, TDY shows a decrease in Revenue. The Revenue has decreased by -0.64% in the last year.
Measured over the past years, TDY shows a quite strong growth in Revenue. The Revenue has been growing by 14.20% on average per year.
EPS 1Y (TTM)2.5%
EPS 3Y22.89%
EPS 5Y16.92%
EPS Q2Q%0.99%
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y22.23%
Revenue growth 5Y14.2%
Sales Q2Q%2.92%
3.2 Future
TDY is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.22% yearly.
TDY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.82% yearly.
EPS Next Y-0.28%
EPS Next 2Y4.76%
EPS Next 3Y6.22%
EPS Next 5YN/A
Revenue Next Year-0.89%
Revenue Next 2Y1.93%
Revenue Next 3Y2.82%
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
Based on the Price/Earnings ratio of 24.75, the valuation of TDY can be described as rather expensive.
70.73% of the companies in the same industry are more expensive than TDY, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 29.10. TDY is around the same levels.
TDY is valuated rather expensively with a Price/Forward Earnings ratio of 22.53.
TDY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TDY is cheaper than 67.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.79, TDY is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.75 | ||
| Fwd PE | 22.53 |
4.2 Price Multiples
63.41% of the companies in the same industry are more expensive than TDY, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TDY indicates a somewhat cheap valuation: TDY is cheaper than 70.73% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.42 | ||
| EV/EBITDA | 18.72 |
4.3 Compensation for Growth
TDY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.46
EPS Next 2Y4.76%
EPS Next 3Y6.22%
5. Dividend
5.1 Amount
No dividends for TDY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TELEDYNE TECHNOLOGIES INC
NYSE:TDY (11/13/2024, 8:04:34 PM)
After market: 486.77 0 (0%)486.77
-1.06 (-0.22%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap22.68B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.75 | ||
| Fwd PE | 22.53 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.5% | ||
| ROE | 9.84% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18.3% | ||
| PM (TTM) | 16.88% | ||
| GM | 43.18% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)2.5%
EPS 3Y22.89%
EPS 5Y
EPS Q2Q%
EPS Next Y-0.28%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y22.23%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y