TELEDYNE TECHNOLOGIES INC (TDY) Stock Fundamental Analysis
NYSE:TDY - New York Stock Exchange, Inc. - US8793601050 - Common Stock - Currency: USD
Taking everything into account, TDY scores 4 out of 10 in our fundamental rating. TDY was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. TDY has an excellent profitability rating, but there are concerns on its financial health. TDY is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TDY was profitable.
TDY had a positive operating cash flow in the past year.
Of the past 5 years TDY 4 years were profitable.
Of the past 5 years TDY 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 6.50%, TDY is doing good in the industry, outperforming 79.17% of the companies in the same industry.
With a decent Return On Equity value of 9.84%, TDY is doing good in the industry, outperforming 72.50% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.04%, TDY is doing good in the industry, outperforming 70.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TDY is below the industry average of 8.98%.
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
The Profit Margin of TDY (16.88%) is better than 94.17% of its industry peers.
TDY's Profit Margin has improved in the last couple of years.
TDY has a better Operating Margin (18.30%) than 95.83% 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 75.83% 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.
There is no outstanding debt for TDY. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
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's Debt to FCF ratio of 3.01 is fine compared to the rest of the industry. TDY outperforms 65.83% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that TDY is not too dependend on debt financing.
TDY's Debt to Equity ratio of 0.28 is on the low side compared to the rest of the industry. TDY is outperformed by 60.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | N/A |
ROIC/WACC0.72
WACC9.73%
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.
TDY's Current ratio of 2.00 is on the low side compared to the rest of the industry. TDY is outperformed by 61.67% of its industry peers.
A Quick Ratio of 1.35 indicates that TDY should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.35, TDY is doing worse than 65.00% 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 0.30% over the past year.
TDY shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.94% yearly.
EPS 1Y (TTM)0.3%
EPS 3Y6.11%
EPS 5Y12.94%
EPS Q2Q%0%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%0%
3.2 Future
TDY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.63% yearly.
Based on estimates for the next years, TDY will show a small growth in Revenue. The Revenue will grow by 5.37% on average per year.
EPS Next Y10.28%
EPS Next 2Y9.33%
EPS Next 3Y9.63%
EPS Next 5YN/A
Revenue Next Year5.6%
Revenue Next 2Y5.37%
Revenue Next 3YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
TDY is valuated quite expensively with a Price/Earnings ratio of 26.10.
TDY's Price/Earnings ratio is a bit cheaper when compared to the industry. TDY is cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.58. TDY is around the same levels.
Based on the Price/Forward Earnings ratio of 21.83, the valuation of TDY can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TDY indicates a somewhat cheap valuation: TDY is cheaper than 65.83% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 95.03. TDY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.1 | ||
| Fwd PE | 21.83 |
4.2 Price Multiples
TDY's Enterprise Value to EBITDA ratio is in line with the industry average.
67.50% 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 | 25.86 | ||
| EV/EBITDA | 19.65 |
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.
The decent profitability rating of TDY may justify a higher PE ratio.
PEG (NY)2.54
PEG (5Y)2.02
EPS Next 2Y9.33%
EPS Next 3Y9.63%
5. Dividend
5.1 Amount
No dividends for TDY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TELEDYNE TECHNOLOGIES INC
NYSE:TDY (2/5/2025, 8:04:00 PM)
After market: 515.48 0 (0%)515.48
+1.01 (+0.2%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners92.98%
Inst Owner Change0.03%
Ins Owners1.12%
Ins Owner Change-1.68%
Market Cap24.02B
Analysts81.33
Price Target565.58 (9.72%)
Short Float %1.02%
Short Ratio1.87
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)1.23%
Min EPS beat(2)0.88%
Max EPS beat(2)1.57%
EPS beat(4)3
Avg EPS beat(4)1.66%
Min EPS beat(4)-2.68%
Max EPS beat(4)6.85%
EPS beat(8)6
Avg EPS beat(8)2.52%
EPS beat(12)10
Avg EPS beat(12)3.21%
EPS beat(16)14
Avg EPS beat(16)8.96%
Revenue beat(2)1
Avg Revenue beat(2)0.4%
Min Revenue beat(2)-0.07%
Max Revenue beat(2)0.87%
Revenue beat(4)1
Avg Revenue beat(4)-1.81%
Min Revenue beat(4)-4.25%
Max Revenue beat(4)0.87%
Revenue beat(8)1
Avg Revenue beat(8)-1.32%
Revenue beat(12)2
Avg Revenue beat(12)-1.18%
Revenue beat(16)5
Avg Revenue beat(16)-0.29%
PT rev (1m)3.08%
PT rev (3m)15.33%
EPS NQ rev (1m)-0.03%
EPS NQ rev (3m)-1.12%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)0.05%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-0.75%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.1 | ||
| Fwd PE | 21.83 | ||
| P/S | 4.3 | ||
| P/FCF | 25.86 | ||
| P/OCF | 23.46 | ||
| P/B | 2.5 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.65 |
EPS(TTM)19.75
EY3.83%
EPS(NY)23.61
Fwd EY4.58%
FCF(TTM)19.94
FCFY3.87%
OCF(TTM)21.97
OCFY4.26%
SpS120.02
BVpS205.88
TBVpS-14.7
PEG (NY)2.54
PEG (5Y)2.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.5% | ||
| ROE | 9.84% | ||
| ROCE | 7.85% | ||
| ROIC | 7.04% | ||
| ROICexc | 7.36% | ||
| ROICexgc | 41.83% | ||
| OM | 18.3% | ||
| PM (TTM) | 16.88% | ||
| GM | 43.18% | ||
| FCFM | 16.61% |
ROA(3y)4.89%
ROA(5y)6.27%
ROE(3y)8.37%
ROE(5y)10.47%
ROIC(3y)6.19%
ROIC(5y)8.02%
ROICexc(3y)6.5%
ROICexc(5y)8.69%
ROICexgc(3y)43.58%
ROICexgc(5y)41.8%
ROCE(3y)6.9%
ROCE(5y)8.94%
ROICexcg growth 3Y8.66%
ROICexcg growth 5Y3.26%
ROICexc growth 3Y-13.41%
ROICexc growth 5Y-9.6%
OM growth 3Y5.67%
OM growth 5Y5.04%
PM growth 3Y6.47%
PM growth 5Y6.44%
GM growth 3Y4.2%
GM growth 5Y2.49%
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.01 | ||
| Debt/EBITDA | 1.99 | ||
| Cap/Depr | 30.6% | ||
| Cap/Sales | 1.7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.78% | ||
| Profit Quality | 98.43% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | N/A |
F-Score7
WACC9.73%
ROIC/WACC0.72
Cap/Depr(3y)30.51%
Cap/Depr(5y)46.39%
Cap/Sales(3y)1.98%
Cap/Sales(5y)2.21%
Profit Quality(3y)97.93%
Profit Quality(5y)105.57%
High Growth Momentum
Growth
EPS 1Y (TTM)0.3%
EPS 3Y6.11%
EPS 5Y12.94%
EPS Q2Q%0%
EPS Next Y10.28%
EPS Next 2Y9.33%
EPS Next 3Y9.63%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%0%
Revenue Next Year5.6%
Revenue Next 2Y5.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.27%
EBIT growth 3Y29.16%
EBIT growth 5Y19.95%
EBIT Next Year21.49%
EBIT Next 3Y12.4%
EBIT Next 5YN/A
FCF growth 1Y105.44%
FCF growth 3Y9.62%
FCF growth 5Y14.9%
OCF growth 1Y87.98%
OCF growth 3Y10.55%
OCF growth 5Y13.35%