TELEDYNE TECHNOLOGIES INC (TDY) Stock Fundamental Analysis
USA - NYSE:TDY - US8793601050 - Common Stock
501.23 USD
-4.18 (-0.83%)
501.23 USD
0 (0%)
Overall TDY gets a fundamental rating of 5 out of 10. We evaluated TDY against 123 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.
1. Profitability
1.1 Basic Checks
In the past year TDY was profitable.
In the past year TDY had a positive cash flow from operations.
TDY had positive earnings in each of the past 5 years.
TDY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.32%, TDY is doing good in the industry, outperforming 73.98% of the companies in the same industry.
With a decent Return On Equity value of 7.74%, TDY is doing good in the industry, outperforming 66.67% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.36%, TDY is doing good in the industry, outperforming 73.98% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TDY is in line with the industry average of 8.98%.
The last Return On Invested Capital (7.36%) for TDY is above the 3 year average (7.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 7.74% | ||
| ROIC | 7.36% |
ROA(3y)5.79%
ROA(5y)5.67%
ROE(3y)9.28%
ROE(5y)9.23%
ROIC(3y)7.12%
ROIC(5y)7.17%
1.3 Margins
TDY has a better Profit Margin (13.62%) than 90.24% of its industry peers.
TDY's Profit Margin has improved in the last couple of years.
TDY's Operating Margin of 18.48% is amongst the best of the industry. TDY outperforms 95.94% of its industry peers.
In the last couple of years the Operating Margin of TDY has grown nicely.
TDY has a better Gross Margin (42.73%) than 72.36% of its industry peers.
In the last couple of years the Gross Margin of TDY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.48% | ||
| PM (TTM) | 13.62% | ||
| GM | 42.73% |
OM growth 3Y9.21%
OM growth 5Y3.4%
PM growth 3Y14.4%
PM growth 5Y2.59%
GM growth 3Y2.43%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TDY is destroying value.
TDY has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TDY has more shares outstanding
TDY has a better debt/assets ratio than last year.
2.2 Solvency
TDY has an Altman-Z score of 4.30. This indicates that TDY is financially healthy and has little risk of bankruptcy at the moment.
TDY has a better Altman-Z score (4.30) than 64.23% of its industry peers.
The Debt to FCF ratio of TDY is 2.44, which is a good value as it means it would take TDY, 2.44 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TDY (2.44) is better than 73.98% of its industry peers.
TDY has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TDY (0.20) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.44 | ||
| Altman-Z | 4.3 |
ROIC/WACC0.83
WACC8.87%
2.3 Liquidity
TDY has a Current Ratio of 1.79. This is a normal value and indicates that TDY is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of TDY (1.79) is worse than 65.85% of its industry peers.
TDY has a Quick Ratio of 1.20. This is a normal value and indicates that TDY is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.20, TDY is not doing good in the industry: 67.48% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
TDY shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.54%.
The Earnings Per Share has been growing by 12.94% on average over the past years. This is quite good.
TDY shows a small growth in Revenue. In the last year, the Revenue has grown by 0.61%.
TDY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.38% yearly.
EPS 1Y (TTM)7.54%
EPS 3Y6.11%
EPS 5Y12.94%
EPS Q2Q%0%
Revenue 1Y (TTM)0.61%
Revenue growth 3Y7.11%
Revenue growth 5Y12.38%
Sales Q2Q%0%
3.2 Future
The Earnings Per Share is expected to grow by 9.12% on average over the next years. This is quite good.
Based on estimates for the next years, TDY will show a small growth in Revenue. The Revenue will grow by 5.94% on average per year.
EPS Next Y10.27%
EPS Next 2Y9.96%
EPS Next 3Y9.12%
EPS Next 5YN/A
Revenue Next Year8.14%
Revenue Next 2Y6.46%
Revenue Next 3Y5.94%
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.
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
TDY is valuated rather expensively with a Price/Earnings ratio of 23.60.
72.36% of the companies in the same industry are more expensive than TDY, based on the Price/Earnings ratio.
TDY is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 20.99, TDY is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TDY indicates a somewhat cheap valuation: TDY is cheaper than 66.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. TDY is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.6 | ||
| Fwd PE | 20.99 |
4.2 Price Multiples
TDY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TDY is cheaper than 64.23% of the companies in the same industry.
77.24% 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 | 22.64 | ||
| EV/EBITDA | 17.73 |
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.
TDY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.3
PEG (5Y)1.82
EPS Next 2Y9.96%
EPS Next 3Y9.12%
5. Dividend
5.1 Amount
TDY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
501.23
-4.18 (-0.83%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.19%
Inst Owner Change1.88%
Ins Owners0.88%
Ins Owner Change-1.33%
Market Cap23.50B
Revenue(TTM)5.67B
Net Income(TTM)817.70M
Analysts81.18
Price Target630.15 (25.72%)
Short Float %1.93%
Short Ratio3.23
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)1.31%
Min EPS beat(2)0.7%
Max EPS beat(2)1.93%
EPS beat(4)3
Avg EPS beat(4)1.71%
Min EPS beat(4)-0.41%
Max EPS beat(4)4.61%
EPS beat(8)6
Avg EPS beat(8)1.68%
EPS beat(12)9
Avg EPS beat(12)2.25%
EPS beat(16)13
Avg EPS beat(16)2.84%
Revenue beat(2)1
Avg Revenue beat(2)0.65%
Min Revenue beat(2)-0.23%
Max Revenue beat(2)1.52%
Revenue beat(4)3
Avg Revenue beat(4)1.11%
Min Revenue beat(4)-0.23%
Max Revenue beat(4)2.55%
Revenue beat(8)4
Avg Revenue beat(8)-0.35%
Revenue beat(12)4
Avg Revenue beat(12)-0.51%
Revenue beat(16)5
Avg Revenue beat(16)-0.6%
PT rev (1m)1.38%
PT rev (3m)1.38%
EPS NQ rev (1m)-0.52%
EPS NQ rev (3m)-1.06%
EPS NY rev (1m)0.43%
EPS NY rev (3m)0.61%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.6 | ||
| Fwd PE | 20.99 | ||
| P/S | 3.91 | ||
| P/FCF | 22.64 | ||
| P/OCF | 20.53 | ||
| P/B | 2.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.73 |
EPS(TTM)21.24
EY4.24%
EPS(NY)23.88
Fwd EY4.76%
FCF(TTM)22.14
FCFY4.42%
OCF(TTM)24.41
OCFY4.87%
SpS128.07
BVpS225.22
TBVpS-4.37
PEG (NY)2.3
PEG (5Y)1.82
Graham Number328.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 7.74% | ||
| ROCE | 8.18% | ||
| ROIC | 7.36% | ||
| ROICexc | 7.66% | ||
| ROICexgc | 43.97% | ||
| OM | 18.48% | ||
| PM (TTM) | 13.62% | ||
| GM | 42.73% | ||
| FCFM | 17.29% |
ROA(3y)5.79%
ROA(5y)5.67%
ROE(3y)9.28%
ROE(5y)9.23%
ROIC(3y)7.12%
ROIC(5y)7.17%
ROICexc(3y)7.49%
ROICexc(5y)7.8%
ROICexgc(3y)46.11%
ROICexgc(5y)42.36%
ROCE(3y)7.91%
ROCE(5y)7.97%
ROICexgc growth 3Y6.58%
ROICexgc growth 5Y1.03%
ROICexc growth 3Y17.51%
ROICexc growth 5Y-9.02%
OM growth 3Y9.21%
OM growth 5Y3.4%
PM growth 3Y14.4%
PM growth 5Y2.59%
GM growth 3Y2.43%
GM growth 5Y1.79%
F-Score5
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 2.44 | ||
| Debt/EBITDA | 1.45 | ||
| Cap/Depr | 32.38% | ||
| Cap/Sales | 1.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.56% | ||
| Profit Quality | 126.97% | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 4.3 |
F-Score5
WACC8.87%
ROIC/WACC0.83
Cap/Depr(3y)30.4%
Cap/Depr(5y)35.99%
Cap/Sales(3y)1.74%
Cap/Sales(5y)1.95%
Profit Quality(3y)88.9%
Profit Quality(5y)113.06%
High Growth Momentum
Growth
EPS 1Y (TTM)7.54%
EPS 3Y6.11%
EPS 5Y12.94%
EPS Q2Q%0%
EPS Next Y10.27%
EPS Next 2Y9.96%
EPS Next 3Y9.12%
EPS Next 5YN/A
Revenue 1Y (TTM)0.61%
Revenue growth 3Y7.11%
Revenue growth 5Y12.38%
Sales Q2Q%0%
Revenue Next Year8.14%
Revenue Next 2Y6.46%
Revenue Next 3Y5.94%
Revenue Next 5YN/A
EBIT growth 1Y8.44%
EBIT growth 3Y16.98%
EBIT growth 5Y16.2%
EBIT Next Year30.08%
EBIT Next 3Y14.83%
EBIT Next 5YN/A
FCF growth 1Y29.68%
FCF growth 3Y15.3%
FCF growth 5Y23%
OCF growth 1Y25.87%
OCF growth 3Y13.07%
OCF growth 5Y19.85%
TELEDYNE TECHNOLOGIES INC / TDY FAQ
Can you provide the ChartMill fundamental rating for TELEDYNE TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 5 / 10 to TDY.
Can you provide the valuation status for TELEDYNE TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 4 / 10 to TELEDYNE TECHNOLOGIES INC (TDY). This can be considered as Fairly Valued.
Can you provide the profitability details for TELEDYNE TECHNOLOGIES INC?
TELEDYNE TECHNOLOGIES INC (TDY) has a profitability rating of 8 / 10.
What is the valuation of TELEDYNE TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TELEDYNE TECHNOLOGIES INC (TDY) is 23.6 and the Price/Book (PB) ratio is 2.23.