KEYSIGHT TECHNOLOGIES IN (KEYS) Stock Fundamental Analysis
USA - NYSE:KEYS - US49338L1035 - Common Stock
184.12 USD
-1.73 (-0.93%)
We assign a fundamental rating of 6 out of 10 to KEYS. KEYS was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. KEYS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. KEYS is not valued too expensively and it also shows a decent growth rate. These ratings would make KEYS suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year KEYS was profitable.
KEYS had a positive operating cash flow in the past year.
In the past 5 years KEYS has always been profitable.
KEYS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KEYS has a better Return On Assets (5.11%) than 71.77% of its industry peers.
Looking at the Return On Equity, with a value of 9.59%, KEYS is in the better half of the industry, outperforming 71.77% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.28%, KEYS is doing good in the industry, outperforming 72.58% of the companies in the same industry.
KEYS had an Average Return On Invested Capital over the past 3 years of 12.66%. This is above the industry average of 9.51%.
The 3 year average ROIC (12.66%) for KEYS is well above the current ROIC(7.28%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 9.59% | ||
| ROIC | 7.28% |
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
With an excellent Profit Margin value of 10.38%, KEYS belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
In the last couple of years the Profit Margin of KEYS has declined.
KEYS has a Operating Margin of 16.96%. This is amongst the best in the industry. KEYS outperforms 91.13% of its industry peers.
KEYS's Operating Margin has been stable in the last couple of years.
The Gross Margin of KEYS (62.37%) is better than 94.35% of its industry peers.
In the last couple of years the Gross Margin of KEYS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.96% | ||
| PM (TTM) | 10.38% | ||
| GM | 62.37% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so KEYS is still creating some value.
The number of shares outstanding for KEYS has been reduced compared to 1 year ago.
Compared to 5 years ago, KEYS has less shares outstanding
Compared to 1 year ago, KEYS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.97 indicates that KEYS is not in any danger for bankruptcy at the moment.
KEYS has a Altman-Z score of 5.97. This is in the better half of the industry: KEYS outperforms 77.42% of its industry peers.
The Debt to FCF ratio of KEYS is 1.79, which is an excellent value as it means it would take KEYS, only 1.79 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KEYS (1.79) is better than 76.61% of its industry peers.
KEYS has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
KEYS has a worse Debt to Equity ratio (0.45) than 67.74% of its industry peers.
Even though the debt/equity ratio score it not favorable for KEYS, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 1.79 | ||
| Altman-Z | 5.97 |
ROIC/WACC0.8
WACC9.05%
2.3 Liquidity
A Current Ratio of 3.59 indicates that KEYS has no problem at all paying its short term obligations.
KEYS's Current ratio of 3.59 is fine compared to the rest of the industry. KEYS outperforms 70.97% of its industry peers.
A Quick Ratio of 2.94 indicates that KEYS has no problem at all paying its short term obligations.
KEYS's Quick ratio of 2.94 is fine compared to the rest of the industry. KEYS outperforms 71.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.59 | ||
| Quick Ratio | 2.94 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.39% over the past year.
KEYS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.77% yearly.
KEYS shows a small growth in Revenue. In the last year, the Revenue has grown by 4.80%.
The Revenue has been growing slightly by 2.96% on average over the past years.
EPS 1Y (TTM)4.39%
EPS 3Y0.16%
EPS 5Y5.77%
EPS Q2Q%9.55%
Revenue 1Y (TTM)4.8%
Revenue growth 3Y0.26%
Revenue growth 5Y2.96%
Sales Q2Q%11.09%
3.2 Future
KEYS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.16% yearly.
KEYS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.56% yearly.
EPS Next Y15.21%
EPS Next 2Y13.15%
EPS Next 3Y13.05%
EPS Next 5Y13.16%
Revenue Next Year7.84%
Revenue Next 2Y7.09%
Revenue Next 3Y6.82%
Revenue Next 5Y6.56%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
KEYS is valuated quite expensively with a Price/Earnings ratio of 26.72.
Based on the Price/Earnings ratio, KEYS is valued a bit cheaper than 67.74% of the companies in the same industry.
KEYS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.13, which is the current average of the S&P500 Index.
KEYS is valuated rather expensively with a Price/Forward Earnings ratio of 22.97.
Based on the Price/Forward Earnings ratio, KEYS is valued a bit cheaper than the industry average as 65.32% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.35. KEYS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.72 | ||
| Fwd PE | 22.97 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as KEYS.
79.84% of the companies in the same industry are more expensive than KEYS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.36 | ||
| EV/EBITDA | 27.49 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
KEYS has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KEYS's earnings are expected to grow with 13.05% in the coming years.
PEG (NY)1.76
PEG (5Y)4.64
EPS Next 2Y13.15%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
No dividends for KEYS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NYSE:KEYS (11/6/2025, 10:06:06 AM)
184.12
-1.73 (-0.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners90.93%
Inst Owner Change-0.81%
Ins Owners0.5%
Ins Owner Change1.04%
Market Cap31.64B
Revenue(TTM)5.24B
Net Income(TTM)544.00M
Analysts81.11
Price Target190.76 (3.61%)
Short Float %2.11%
Short Ratio3.44
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)1.09%
Min EPS beat(2)0.93%
Max EPS beat(2)1.26%
EPS beat(4)4
Avg EPS beat(4)2.71%
Min EPS beat(4)0.93%
Max EPS beat(4)5.63%
EPS beat(8)7
Avg EPS beat(8)3.72%
EPS beat(12)11
Avg EPS beat(12)4.5%
EPS beat(16)15
Avg EPS beat(16)5.27%
Revenue beat(2)2
Avg Revenue beat(2)0.6%
Min Revenue beat(2)0.6%
Max Revenue beat(2)0.61%
Revenue beat(4)3
Avg Revenue beat(4)0.28%
Min Revenue beat(4)-0.31%
Max Revenue beat(4)0.61%
Revenue beat(8)3
Avg Revenue beat(8)-0.29%
Revenue beat(12)5
Avg Revenue beat(12)-0.32%
Revenue beat(16)7
Avg Revenue beat(16)-0.21%
PT rev (1m)-0.37%
PT rev (3m)0.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.44%
EPS NY rev (1m)0%
EPS NY rev (3m)0.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.72 | ||
| Fwd PE | 22.97 | ||
| P/S | 6.04 | ||
| P/FCF | 22.36 | ||
| P/OCF | 20.51 | ||
| P/B | 5.58 | ||
| P/tB | 11.65 | ||
| EV/EBITDA | 27.49 |
EPS(TTM)6.89
EY3.74%
EPS(NY)8.01
Fwd EY4.35%
FCF(TTM)8.23
FCFY4.47%
OCF(TTM)8.98
OCFY4.88%
SpS30.51
BVpS32.99
TBVpS15.81
PEG (NY)1.76
PEG (5Y)4.64
Graham Number71.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.11% | ||
| ROE | 9.59% | ||
| ROCE | 9.78% | ||
| ROIC | 7.28% | ||
| ROICexc | 10.25% | ||
| ROICexgc | 18.9% | ||
| OM | 16.96% | ||
| PM (TTM) | 10.38% | ||
| GM | 62.37% | ||
| FCFM | 26.99% |
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%
ROICexgc growth 3Y-13.95%
ROICexgc 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 Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 1.79 | ||
| Debt/EBITDA | 2.19 | ||
| Cap/Depr | 47.58% | ||
| Cap/Sales | 2.44% | ||
| Interest Coverage | 11.7 | ||
| Cash Conversion | 133.25% | ||
| Profit Quality | 260.11% | ||
| Current Ratio | 3.59 | ||
| Quick Ratio | 2.94 | ||
| Altman-Z | 5.97 |
F-Score5
WACC9.05%
ROIC/WACC0.8
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)4.39%
EPS 3Y0.16%
EPS 5Y5.77%
EPS Q2Q%9.55%
EPS Next Y15.21%
EPS Next 2Y13.15%
EPS Next 3Y13.05%
EPS Next 5Y13.16%
Revenue 1Y (TTM)4.8%
Revenue growth 3Y0.26%
Revenue growth 5Y2.96%
Sales Q2Q%11.09%
Revenue Next Year7.84%
Revenue Next 2Y7.09%
Revenue Next 3Y6.82%
Revenue Next 5Y6.56%
EBIT growth 1Y-3.37%
EBIT growth 3Y-8.29%
EBIT growth 5Y3.22%
EBIT Next Year22.8%
EBIT Next 3Y12.68%
EBIT Next 5YN/A
FCF growth 1Y16.75%
FCF growth 3Y-7.86%
FCF growth 5Y0.45%
OCF growth 1Y8.05%
OCF growth 3Y-7.33%
OCF growth 5Y1.06%
KEYSIGHT TECHNOLOGIES IN / KEYS FAQ
Can you provide the ChartMill fundamental rating for KEYSIGHT TECHNOLOGIES IN?
ChartMill assigns a fundamental rating of 6 / 10 to KEYS.
Can you provide the valuation status for KEYSIGHT TECHNOLOGIES IN?
ChartMill assigns a valuation rating of 5 / 10 to KEYSIGHT TECHNOLOGIES IN (KEYS). This can be considered as Fairly Valued.
What is the profitability of KEYS stock?
KEYSIGHT TECHNOLOGIES IN (KEYS) has a profitability rating of 8 / 10.
How financially healthy is KEYSIGHT TECHNOLOGIES IN?
The financial health rating of KEYSIGHT TECHNOLOGIES IN (KEYS) is 8 / 10.