| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
KEYS Stock Overview
Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific.
Keysight Technologies Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$173.42 |
| 52 Week High | US$209.08 |
| 52 Week Low | US$129.09 |
| Beta | 0.96 |
| 1 Month Change | -13.55% |
| 3 Month Change | -1.59% |
| 1 Year Change | 19.47% |
| 3 Year Change | 144.01% |
| 5 Year Change | 368.58% |
| Change since IPO | 512.58% |
Recent News & Updates
Estimating The Intrinsic Value Of Keysight Technologies, Inc. (NYSE:KEYS)
In this article we are going to estimate the intrinsic value of Keysight Technologies, Inc. ( NYSE:KEYS ) by taking the...
Shareholder Returns
| KEYS | US Electronic | US Market | |
|---|---|---|---|
| 7D | -7.3% | -6.5% | -6.1% |
| 1Y | 19.5% | 1.2% | 4.2% |
Return vs Industry: KEYS exceeded the US Electronic industry which returned 2.4% over the past year.
Return vs Market: KEYS exceeded the US Market which returned 6.6% over the past year.
Price Volatility
| KEYS volatility | |
|---|---|
| KEYS Average Weekly Movement | 3.9% |
| Electronic Industry Average Movement | 7.5% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: KEYS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KEYS's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 14,300 | Ron Nersesian | https://www.keysight.com |
Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test instruments; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment. The company’s Electronic Industrial Solutions Group segment offers design tools; design verification solutions; and digital multi-meters, function generators, frequency counters, data acquisition systems, audio analyzers, LCR meters, thermal imagers, precision source measure units, ultra-high precision device current analyzers, and test executive software platforms, as well as various power supplies comprising AC/DC modular supplies and electronically programmable loads.
Keysight Technologies Fundamentals Summary
| KEYS fundamental statistics | |
|---|---|
| Market Cap | US$31.74b |
| Earnings (TTM) | US$894.00m |
| Revenue (TTM) | US$4.94b |
35.5x
P/E Ratio6.4x
P/S RatioIs KEYS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KEYS income statement (TTM) | |
|---|---|
| Revenue | US$4.94b |
| Cost of Revenue | US$1.87b |
| Gross Profit | US$3.07b |
| Expenses | US$2.18b |
| Earnings | US$894.00m |
Last Reported Earnings
Oct 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.88 |
| Gross Margin | 62.11% |
| Net Profit Margin | 18.09% |
| Debt/Equity Ratio | 47.3% |
How did KEYS perform over the long term?
See historical performance and comparisonValuation
Is Keysight Technologies undervalued compared to its fair value and its price relative to the market?
35.51x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KEYS ($173.42) is trading above our estimate of fair value ($158.89)
Significantly Below Fair Value: KEYS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KEYS is poor value based on its PE Ratio (35.5x) compared to the US Electronic industry average (17.7x).
PE vs Market: KEYS is poor value based on its PE Ratio (35.5x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: KEYS is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: KEYS is overvalued based on its PB Ratio (8.4x) compared to the US Electronic industry average (2.3x).
Future Growth
How is Keysight Technologies forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
15.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KEYS's forecast earnings growth (15.4% per year) is above the savings rate (2%).
Earnings vs Market: KEYS's earnings (15.4% per year) are forecast to grow faster than the US market (13.1% per year).
High Growth Earnings: KEYS's earnings are forecast to grow, but not significantly.
Revenue vs Market: KEYS's revenue (5.6% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: KEYS's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KEYS's Return on Equity is forecast to be high in 3 years time (25.8%)
Past Performance
How has Keysight Technologies performed over the past 5 years?
31.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KEYS has high quality earnings.
Growing Profit Margin: KEYS's current net profit margins (18.1%) are higher than last year (14.9%).
Past Earnings Growth Analysis
Earnings Trend: KEYS's earnings have grown significantly by 31.3% per year over the past 5 years.
Accelerating Growth: KEYS's earnings growth over the past year (42.6%) exceeds its 5-year average (31.3% per year).
Earnings vs Industry: KEYS earnings growth over the past year (42.6%) exceeded the Electronic industry 42.1%.
Return on Equity
High ROE: KEYS's Return on Equity (23.6%) is considered high.
Financial Health
How is Keysight Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: KEYS's short term assets ($3.8B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: KEYS's short term assets ($3.8B) exceed its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: KEYS has more cash than its total debt.
Reducing Debt: KEYS's debt to equity ratio has reduced from 72.2% to 47.3% over the past 5 years.
Debt Coverage: KEYS's debt is well covered by operating cash flow (73.8%).
Interest Coverage: KEYS's interest payments on its debt are well covered by EBIT (14.5x coverage).
Balance Sheet
Dividend
What is Keysight Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KEYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KEYS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KEYS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KEYS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KEYS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Ron Nersesian (62 yo)
8.08yrs
Tenure
US$15,250,980
Compensation
Mr. Ronald S. Nersesian, also known as Ron, has been the Chief Executive Officer and President at Keysight Technologies, Inc. since September 18, 2013 and has been its Executive Chairman of the Board since...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD15.25M) is above average for companies of similar size in the US market ($USD11.42M).
Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: KEYS's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: KEYS's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KEYS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Keysight Technologies, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Keysight Technologies, Inc.
- Ticker: KEYS
- Exchange: NYSE
- Founded: 2013
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: US$31.743b
- Shares outstanding: 183.04m
- Website: https://www.keysight.com
Number of Employees
Location
- Keysight Technologies, Inc.
- 1400 Fountaingrove Parkway
- Santa Rosa
- California
- 95403-1738
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:54 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/10/31 |
| Annual Earnings | 2021/10/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.