Keysight Technologies
Market Cap
US$26.1b
Last Updated
2021/05/05 23:46 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Keysight Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
Market Performance
7 Day Return
-4.0%
KEYS
-3.9%
US Electronic
-1.6%
US Market
1 Year Return
42.3%
KEYS
71.7%
US Electronic
52.8%
US Market
Return vs Industry: KEYS underperformed the US Electronic industry which returned 71.1% over the past year.
Return vs Market: KEYS underperformed the US Market which returned 52.4% over the past year.
Shareholder returns
| KEYS | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.0% | -3.9% | -1.6% |
| 30 Day | -4.5% | -2.9% | 1.3% |
| 90 Day | 0.09% | 4.6% | 3.5% |
| 1 Year | 42.3%42.3% | 75.2%71.7% | 55.4%52.8% |
| 3 Year | 164.8%164.8% | 66.0%59.1% | 63.5%53.2% |
| 5 Year | 444.6%444.6% | 174.8%157.2% | 125.8%100.7% |
Long-Term Price Volatility Vs. Market
How volatile is Keysight Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Why Keysight Technologies, Inc. (NYSE:KEYS) Could Be Worth Watching2 weeks ago | Simply Wall St
Keysight Technologies, Inc.'s (NYSE:KEYS) Stock's On An Uptrend: Are Strong Financials Guiding The Market?1 month ago | Simply Wall St
Have Insiders Sold Keysight Technologies, Inc. (NYSE:KEYS) Shares Recently?Valuation
Is Keysight Technologies undervalued compared to its fair value and its price relative to the market?
41.26x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KEYS ($140.72) is trading above our estimate of fair value ($127.89)
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 (41.3x) compared to the US Electronic industry average (25.4x).
PE vs Market: KEYS is poor value based on its PE Ratio (41.3x) compared to the US market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: KEYS is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: KEYS is overvalued based on its PB Ratio (7.8x) compared to the US Electronic industry average (2.7x).
Future Growth
How is Keysight Technologies forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
21.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KEYS's forecast earnings growth (21.4% per year) is above the savings rate (2%).
Earnings vs Market: KEYS's earnings (21.4% per year) are forecast to grow faster than the US market (16% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KEYS's revenue (5.7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: KEYS's revenue (5.7% 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 (24.4%)
Past Performance
How has Keysight Technologies performed over the past 5 years?
12.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KEYS has high quality earnings.
Growing Profit Margin: KEYS's current net profit margins (14.8%) are lower than last year (15.2%).
Past Earnings Growth Analysis
Earnings Trend: KEYS's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: KEYS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KEYS had negative earnings growth (-4.9%) over the past year, making it difficult to compare to the Electronic industry average (3.2%).
Return on Equity
High ROE: KEYS's Return on Equity (18%) is considered low.
Financial Health
How is Keysight Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: KEYS's short term assets ($3.6B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: KEYS's short term assets ($3.6B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: KEYS's debt to equity ratio (50.6%) is considered high.
Reducing Debt: KEYS's debt to equity ratio has reduced from 79.4% to 50.6% over the past 5 years.
Debt Coverage: KEYS's debt is well covered by operating cash flow (62.2%).
Interest Coverage: KEYS's interest payments on its debt are well covered by EBIT (11.1x 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?
5.0yrs
Average management tenure
CEO
Ron Nersesian (61 yo)
7.42yrs
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 ($USD11.13M).
Compensation vs Earnings: Ron's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: KEYS's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: KEYS's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KEYS insiders have sold more shares than they have bought 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 company bio, 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
- Market Cap: US$26.111b
- Shares outstanding: 186.08m
- Website: https://www.keysight.com
Number of Employees
Location
- Keysight Technologies, Inc.
- 1400 Fountaingrove Parkway
- Santa Rosa
- California
- 95403-1738
- United States
Listings
Biography
Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and edu...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/05 23:46 |
| End of Day Share Price | 2021/05/05 00:00 |
| Earnings | 2021/01/31 |
| Annual Earnings | 2020/10/31 |
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.