KEYSIGHT TECHNOLOGIES IN (1KEYS.MI) Stock Fundamental Analysis
BIT:1KEYS - Euronext Milan - US49338L1035 - Common Stock - Currency: EUR
1KEYS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 50 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making 1KEYS a very profitable company, without any liquidiy or solvency issues. 1KEYS is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
1KEYS had positive earnings in the past year.
1KEYS had a positive operating cash flow in the past year.
Each year in the past 5 years 1KEYS has been profitable.
In the past 5 years 1KEYS always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of 1KEYS (7.03%) is better than 92.16% of its industry peers.
With an excellent Return On Equity value of 13.55%, 1KEYS belongs to the best of the industry, outperforming 84.31% of the companies in the same industry.
1KEYS has a better Return On Invested Capital (7.18%) than 78.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1KEYS is significantly above the industry average of 6.87%.
The last Return On Invested Capital (7.18%) for 1KEYS is well below the 3 year average (12.66%), which needs to be investigated, but indicates that 1KEYS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 13.55% | ||
| ROIC | 7.18% |
ROA(3y)10.89%
ROA(5y)10.57%
ROE(3y)20.58%
ROE(5y)20.88%
ROIC(3y)12.66%
ROIC(5y)11.86%
1.3 Margins
1KEYS has a Profit Margin of 14.53%. This is amongst the best in the industry. 1KEYS outperforms 96.08% of its industry peers.
In the last couple of years the Profit Margin of 1KEYS has declined.
With an excellent Operating Margin value of 16.84%, 1KEYS belongs to the best of the industry, outperforming 92.16% of the companies in the same industry.
In the last couple of years the Operating Margin of 1KEYS has remained more or less at the same level.
With an excellent Gross Margin value of 62.47%, 1KEYS belongs to the best of the industry, outperforming 84.31% of the companies in the same industry.
1KEYS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.84% | ||
| PM (TTM) | 14.53% | ||
| GM | 62.47% |
OM growth 3Y-8.53%
OM growth 5Y0.25%
PM growth 3Y-12%
PM growth 5Y-3.1%
GM growth 3Y0.43%
GM growth 5Y1.33%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1KEYS is creating some value.
The number of shares outstanding for 1KEYS has been reduced compared to 1 year ago.
The number of shares outstanding for 1KEYS has been reduced compared to 5 years ago.
The debt/assets ratio for 1KEYS has been reduced compared to a year ago.
2.2 Solvency
1KEYS has an Altman-Z score of 5.37. This indicates that 1KEYS is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of 1KEYS (5.37) is better than 90.20% of its industry peers.
The Debt to FCF ratio of 1KEYS is 1.88, which is an excellent value as it means it would take 1KEYS, only 1.88 years of fcf income to pay off all of its debts.
1KEYS has a Debt to FCF ratio of 1.88. This is amongst the best in the industry. 1KEYS outperforms 84.31% of its industry peers.
A Debt/Equity ratio of 0.46 indicates that 1KEYS is not too dependend on debt financing.
1KEYS has a Debt to Equity ratio (0.46) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 1.88 | ||
| Altman-Z | 5.37 |
ROIC/WACC0.83
WACC8.64%
2.3 Liquidity
A Current Ratio of 3.37 indicates that 1KEYS has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.37, 1KEYS belongs to the top of the industry, outperforming 90.20% of the companies in the same industry.
1KEYS has a Quick Ratio of 2.74. This indicates that 1KEYS is financially healthy and has no problem in meeting its short term obligations.
1KEYS has a better Quick ratio (2.74) than 94.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.37 | ||
| Quick Ratio | 2.74 |
3. Growth
3.1 Past
The earnings per share for 1KEYS have decreased by -6.65% in the last year.
The Earnings Per Share has been growing slightly by 5.77% on average over the past years.
1KEYS shows a decrease in Revenue. In the last year, the revenue decreased by -1.16%.
Measured over the past years, 1KEYS shows a small growth in Revenue. The Revenue has been growing by 2.96% on average per year.
EPS 1Y (TTM)-6.65%
EPS 3Y0.16%
EPS 5Y5.77%
EPS Q2Q%20.57%
Revenue 1Y (TTM)-1.16%
Revenue growth 3Y0.26%
Revenue growth 5Y2.96%
Sales Q2Q%8.22%
3.2 Future
Based on estimates for the next years, 1KEYS will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.62% on average per year.
The Revenue is expected to grow by 6.32% on average over the next years.
EPS Next Y14.3%
EPS Next 2Y13.74%
EPS Next 3Y13.97%
EPS Next 5Y14.62%
Revenue Next Year6.93%
Revenue Next 2Y6.81%
Revenue Next 3Y6.44%
Revenue Next 5Y6.32%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
1KEYS is valuated rather expensively with a Price/Earnings ratio of 24.07.
Based on the Price/Earnings ratio, 1KEYS is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of 1KEYS to the average of the S&P500 Index (26.57), we can say 1KEYS is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 20.02, the valuation of 1KEYS can be described as rather expensive.
1KEYS's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of 1KEYS to the average of the S&P500 Index (22.41), we can say 1KEYS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.07 | ||
| Fwd PE | 20.02 |
4.2 Price Multiples
60.78% of the companies in the same industry are cheaper than 1KEYS, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1KEYS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.73 | ||
| EV/EBITDA | 24.26 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1KEYS has an outstanding profitability rating, which may justify a higher PE ratio.
1KEYS's earnings are expected to grow with 13.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.68
PEG (5Y)4.18
EPS Next 2Y13.74%
EPS Next 3Y13.97%
5. Dividend
5.1 Amount
1KEYS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1KEYS (6/3/2025, 7:00:00 PM)
140.82
+140.82 (+Infinity%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners91.23%
Inst Owner ChangeN/A
Ins Owners0.51%
Ins Owner ChangeN/A
Market Cap24.24B
Analysts80
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.44%
Min EPS beat(2)1.26%
Max EPS beat(2)5.63%
EPS beat(4)4
Avg EPS beat(4)6%
Min EPS beat(4)1.26%
Max EPS beat(4)14.1%
EPS beat(8)7
Avg EPS beat(8)4.27%
EPS beat(12)11
Avg EPS beat(12)5.29%
EPS beat(16)15
Avg EPS beat(16)5.51%
Revenue beat(2)1
Avg Revenue beat(2)0.15%
Min Revenue beat(2)-0.31%
Max Revenue beat(2)0.61%
Revenue beat(4)2
Avg Revenue beat(4)0.11%
Min Revenue beat(4)-0.31%
Max Revenue beat(4)0.61%
Revenue beat(8)2
Avg Revenue beat(8)-0.62%
Revenue beat(12)4
Avg Revenue beat(12)-0.53%
Revenue beat(16)6
Avg Revenue beat(16)-0.37%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.07 | ||
| Fwd PE | 20.02 | ||
| P/S | 5.46 | ||
| P/FCF | 20.73 | ||
| P/OCF | 18.9 | ||
| P/B | 5.09 | ||
| P/tB | 11.21 | ||
| EV/EBITDA | 24.26 |
EPS(TTM)5.85
EY4.15%
EPS(NY)7.04
Fwd EY5%
FCF(TTM)6.79
FCFY4.82%
OCF(TTM)7.45
OCFY5.29%
SpS25.78
BVpS27.64
TBVpS12.56
PEG (NY)1.68
PEG (5Y)4.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 13.55% | ||
| ROCE | 9.64% | ||
| ROIC | 7.18% | ||
| ROICexc | 11.03% | ||
| ROICexgc | 22.75% | ||
| OM | 16.84% | ||
| PM (TTM) | 14.53% | ||
| GM | 62.47% | ||
| FCFM | 26.35% |
ROA(3y)10.89%
ROA(5y)10.57%
ROE(3y)20.58%
ROE(5y)20.88%
ROIC(3y)12.66%
ROIC(5y)11.86%
ROICexc(3y)18.63%
ROICexc(5y)17.31%
ROICexgc(3y)32.51%
ROICexgc(5y)30.28%
ROCE(3y)17.01%
ROCE(5y)15.93%
ROICexcg growth 3Y-13.95%
ROICexcg growth 5Y-2.26%
ROICexc growth 3Y-17.39%
ROICexc growth 5Y-4.86%
OM growth 3Y-8.53%
OM growth 5Y0.25%
PM growth 3Y-12%
PM growth 5Y-3.1%
GM growth 3Y0.43%
GM growth 5Y1.33%
F-Score5
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 1.88 | ||
| Debt/EBITDA | 2.25 | ||
| Cap/Depr | 48.87% | ||
| Cap/Sales | 2.55% | ||
| Interest Coverage | 11.32 | ||
| Cash Conversion | 131.08% | ||
| Profit Quality | 181.4% | ||
| Current Ratio | 3.37 | ||
| Quick Ratio | 2.74 | ||
| Altman-Z | 5.37 |
F-Score5
WACC8.64%
ROIC/WACC0.83
Cap/Depr(3y)77.48%
Cap/Depr(5y)65.55%
Cap/Sales(3y)3.36%
Cap/Sales(5y)3.28%
Profit Quality(3y)115.41%
Profit Quality(5y)123.61%
High Growth Momentum
Growth
EPS 1Y (TTM)-6.65%
EPS 3Y0.16%
EPS 5Y5.77%
EPS Q2Q%20.57%
EPS Next Y14.3%
EPS Next 2Y13.74%
EPS Next 3Y13.97%
EPS Next 5Y14.62%
Revenue 1Y (TTM)-1.16%
Revenue growth 3Y0.26%
Revenue growth 5Y2.96%
Sales Q2Q%8.22%
Revenue Next Year6.93%
Revenue Next 2Y6.81%
Revenue Next 3Y6.44%
Revenue Next 5Y6.32%
EBIT growth 1Y-20.37%
EBIT growth 3Y-8.29%
EBIT growth 5Y3.22%
EBIT Next Year21.37%
EBIT Next 3Y14.78%
EBIT Next 5YN/A
FCF growth 1Y11.42%
FCF growth 3Y-7.86%
FCF growth 5Y0.45%
OCF growth 1Y4.61%
OCF growth 3Y-7.33%
OCF growth 5Y1.06%