Exploring TELEDYNE TECHNOLOGIES INC (NYSE:TDY)'s quality characteristics.

In this article we will dive into TELEDYNE TECHNOLOGIES INC (NYSE:TDY) as a possible candidate for quality investing. Investors should always do their own research, but we noticed TELEDYNE TECHNOLOGIES INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Exploring Why TDY Holds Appeal for Quality Investors.

• TDY has demonstrated significant revenue growth over the past 5 years, with a 12.38% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
• TDY exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 41.01% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
• With a Debt/Free Cash Flow Ratio of 2.39, TDY exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
• TDY exhibits impressive Profit Quality (5-year) with a 113.0% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
• TDY has consistently achieved strong EBIT growth over the past 5 years, with a 16.2% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• TDY has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

What else is there to say on the fundamentals of TDY?

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, TDY scores 5 out of 10 in our fundamental rating. TDY was compared to 122 industry peers in the Electronic Equipment, Instruments & Components industry. While TDY has a great profitability rating, there are some minor concerns on its financial health. TDY is not valued too expensively and it also shows a decent growth rate.

Check the latest full fundamental report of TDY for a complete fundamental analysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.