TELEDYNE TECHNOLOGIES INC (TDY) Stock Fundamental Analysis
USA - NYSE:TDY - US8793601050 - Common Stock
513.17 USD
+6.49 (+1.28%)
513.17 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TDY. TDY was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. While TDY belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TDY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TDY was profitable.
In the past year TDY had a positive cash flow from operations.
Each year in the past 5 years TDY has been profitable.
Each year in the past 5 years TDY had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.32%, TDY is doing good in the industry, outperforming 75.00% of the companies in the same industry.
TDY has a better Return On Equity (7.74%) than 66.94% of its industry peers.
TDY has a Return On Invested Capital of 7.36%. This is in the better half of the industry: TDY outperforms 73.39% of its industry peers.
TDY had an Average Return On Invested Capital over the past 3 years of 7.12%. This is below the industry average of 9.51%.
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
The Profit Margin of TDY (13.62%) is better than 90.32% of its industry peers.
TDY's Profit Margin has improved in the last couple of years.
TDY has a Operating Margin of 18.48%. This is amongst the best in the industry. TDY outperforms 95.16% of its industry peers.
TDY's Operating Margin has improved in the last couple of years.
TDY's Gross Margin of 42.73% is fine compared to the rest of the industry. TDY outperforms 73.39% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TDY is destroying value.
The number of shares outstanding for TDY has been reduced compared to 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 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 73.39% of the companies in the same industry.
A Debt/Equity ratio of 0.20 indicates that TDY is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.20, TDY is in line with its industry, outperforming 45.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | N/A |
ROIC/WACC0.83
WACC8.91%
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 66.13% 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's Quick ratio of 1.20 is on the low side compared to the rest of the industry. TDY is outperformed by 69.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.54% 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 12.94% on average per year.
Looking at the last year, TDY shows a small growth in Revenue. The Revenue has grown by 0.61% in the last year.
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
The Earnings Per Share is expected to grow by 9.72% on average over the next years. This is quite good.
TDY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.08% yearly.
EPS Next Y9.89%
EPS Next 2Y10.45%
EPS Next 3Y9.72%
EPS Next 5YN/A
Revenue Next Year7.98%
Revenue Next 2Y6.66%
Revenue Next 3Y6.08%
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.
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 24.16, which indicates a rather expensive current valuation of TDY.
Based on the Price/Earnings ratio, TDY is valued a bit cheaper than 72.58% of the companies in the same industry.
TDY's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.83.
The Price/Forward Earnings ratio is 21.30, which indicates a rather expensive current valuation of TDY.
Based on the Price/Forward Earnings ratio, TDY is valued a bit cheaper than 67.74% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TDY to the average of the S&P500 Index (32.68), we can say TDY is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.16 | ||
| Fwd PE | 21.3 |
4.2 Price Multiples
65.32% of the companies in the same industry are more expensive than TDY, based on the Enterprise Value to EBITDA ratio.
78.23% of the companies in the same industry are more expensive than TDY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.18 | ||
| EV/EBITDA | 17.91 |
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)2.44
PEG (5Y)1.87
EPS Next 2Y10.45%
EPS Next 3Y9.72%
5. Dividend
5.1 Amount
No dividends for TDY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
513.17
+6.49 (+1.28%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.19%
Inst Owner Change-0.66%
Ins Owners0.88%
Ins Owner Change-1.01%
Market Cap24.06B
Revenue(TTM)5.67B
Net Income(TTM)817.70M
Analysts81.18
Price Target630.15 (22.8%)
Short Float %1.93%
Short Ratio3.23
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)1.31%
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)1.38%
PT rev (3m)9.37%
EPS NQ rev (1m)-0.5%
EPS NQ rev (3m)-1.41%
EPS NY rev (1m)0.09%
EPS NY rev (3m)0.26%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.16 | ||
| Fwd PE | 21.3 | ||
| P/S | 4.01 | ||
| P/FCF | 23.18 | ||
| P/OCF | 21.02 | ||
| P/B | 2.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.91 |
EPS(TTM)21.24
EY4.14%
EPS(NY)24.09
Fwd EY4.7%
FCF(TTM)22.14
FCFY4.31%
OCF(TTM)24.41
OCFY4.76%
SpS128.07
BVpS225.22
TBVpS-4.37
PEG (NY)2.44
PEG (5Y)1.87
Graham Number328.08
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 | N/A |
F-Score5
WACC8.91%
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 Y9.89%
EPS Next 2Y10.45%
EPS Next 3Y9.72%
EPS Next 5YN/A
Revenue 1Y (TTM)0.61%
Revenue growth 3Y7.11%
Revenue growth 5Y12.38%
Sales Q2Q%0%
Revenue Next Year7.98%
Revenue Next 2Y6.66%
Revenue Next 3Y6.08%
Revenue Next 5YN/A
EBIT growth 1Y8.44%
EBIT growth 3Y16.98%
EBIT growth 5Y16.2%
EBIT Next Year30.08%
EBIT Next 3Y14.83%
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.
Can you provide the valuation status for TELEDYNE TECHNOLOGIES INC?
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 24.16 and the Price/Book (PB) ratio is 2.28.