TELEDYNE TECHNOLOGIES INC (TDY)
US8793601050 - Common Stock
Taking everything into account, TDY scores 5 out of 10 in our fundamental rating. TDY was compared to 126 industry peers in the Electronic Equipment, Instruments & Components industry. TDY has an excellent profitability rating, 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.
Each year in the past 5 years TDY has been profitable.
In the past 5 years TDY always reported a positive cash flow from operatings.
1.2 Ratios
TDY has a better Return On Assets (6.50%) than 78.51% 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 73.55% of the companies in the same industry.
TDY's Return On Invested Capital of 7.04% is fine compared to the rest of the industry. TDY outperforms 70.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TDY is below the industry average of 9.16%.
The last Return On Invested Capital (7.04%) for TDY is above the 3 year average (6.19%), which is a sign of increasing profitability.
| 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 94.21% of its industry peers.
In the last couple of years the Profit Margin of TDY has grown nicely.
TDY has a better Operating Margin (18.30%) than 95.87% of its industry peers.
In the last couple of years the Operating Margin of TDY has grown nicely.
The Gross Margin of TDY (43.18%) is better than 75.21% 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.
Compared to 1 year ago, TDY has more shares outstanding
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 a debt to FCF ratio of 3.01. This is a good value and a sign of high solvency as TDY would need 3.01 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.01, TDY is doing good in the industry, outperforming 67.77% of the companies in the same industry.
A Debt/Equity ratio of 0.28 indicates that TDY is not too dependend on debt financing.
TDY has a worse Debt to Equity ratio (0.28) than 61.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | N/A |
ROIC/WACC0.71
WACC9.92%
2.3 Liquidity
A Current Ratio of 2.00 indicates that TDY should not have too much problems paying its short term obligations.
TDY has a Current ratio of 2.00. This is in the lower half of the industry: TDY underperforms 61.16% of its industry peers.
A Quick Ratio of 1.35 indicates that TDY should not have too much problems paying its short term obligations.
TDY has a Quick ratio of 1.35. This is in the lower half of the industry: TDY underperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
TDY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.50%.
The Earnings Per Share has been growing by 16.92% on average over the past years. This is quite good.
The Revenue has decreased by -0.64% in the past year.
The Revenue has been growing by 14.20% on average over the past years. This is quite good.
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
Based on estimates for the next years, TDY will show a small growth in Earnings Per Share. The EPS will grow by 6.55% on average per year.
TDY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.22% yearly.
EPS Next Y-0.27%
EPS Next 2Y5.19%
EPS Next 3Y6.55%
EPS Next 5YN/A
Revenue Next Year-0.93%
Revenue Next 2Y2.27%
Revenue Next 3Y3.22%
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.
When comparing the Revenue 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
With a Price/Earnings ratio of 23.32, TDY is valued on the expensive side.
71.90% of the companies in the same industry are more expensive than TDY, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of TDY to the average of the S&P500 Index (27.25), we can say TDY is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 21.06, the valuation of TDY can be described as rather expensive.
Based on the Price/Forward Earnings ratio, TDY is valued a bit cheaper than the industry average as 69.42% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of TDY to the average of the S&P500 Index (23.54), we can say TDY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.32 | ||
| Fwd PE | 21.06 |
4.2 Price Multiples
TDY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TDY is cheaper than 63.64% of the companies in the same industry.
71.90% 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 | 23.01 | ||
| EV/EBITDA | 17.59 |
4.3 Compensation for Growth
TDY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.38
EPS Next 2Y5.19%
EPS Next 3Y6.55%
5. Dividend
5.1 Amount
No dividends for TDY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TELEDYNE TECHNOLOGIES INC
NYSE:TDY (1/7/2025, 8:14:40 PM)
After market: 458.78 0 (0%)458.78
+3.27 (+0.72%)
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%
Ins Owners1.12%
Ins Owner Change-0.48%
Market Cap21.38B
Analysts81.33
Price Target548.7 (19.6%)
Short Float %0.96%
Short Ratio1.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)0.88%
PT rev (3m)13.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.76%
EPS NY rev (1m)0%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.32 | ||
| Fwd PE | 21.06 | ||
| P/S | 3.82 | ||
| P/FCF | 23.01 | ||
| P/OCF | 20.88 | ||
| P/B | 2.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.59 |
EPS(TTM)19.67
EY4.29%
EPS(NY)21.79
Fwd EY4.75%
FCF(TTM)19.94
FCFY4.35%
OCF(TTM)21.97
OCFY4.79%
SpS120.02
BVpS205.88
TBVpS-14.7
PEG (NY)N/A
PEG (5Y)1.38
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
WACC9.92%
ROIC/WACC0.71
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)2.5%
EPS 3Y22.89%
EPS 5Y16.92%
EPS Q2Q%0.99%
EPS Next Y-0.27%
EPS Next 2Y5.19%
EPS Next 3Y6.55%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.64%
Revenue growth 3Y22.23%
Revenue growth 5Y14.2%
Sales Q2Q%2.92%
Revenue Next Year-0.93%
Revenue Next 2Y2.27%
Revenue Next 3Y3.22%
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%