| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
TDY Stock Overview
Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Canada, the United Kingdom, Belgium, the Netherlands, and internationally.
Teledyne Technologies Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$386.10 |
| 52 Week High | US$493.97 |
| 52 Week Low | US$374.03 |
| Beta | 1.1 |
| 1 Month Change | -17.48% |
| 3 Month Change | -8.05% |
| 1 Year Change | -4.96% |
| 3 Year Change | 61.05% |
| 5 Year Change | 193.95% |
| Change since IPO | 4,476.00% |
Recent News & Updates
Teledyne Technologies: Imagining Better Days
Teledyne Technologies has seen a very strong 2021, having digested the FLIR deal very well. I like the great performance, and long-term track record of Teledyne's business is a great deal. A recent pullback, while operating momentum appears strong, creates a compelling set-up here.
Should You Be Adding Teledyne Technologies (NYSE:TDY) To Your Watchlist Today?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Estimating The Intrinsic Value Of Teledyne Technologies Incorporated (NYSE:TDY)
Today we will run through one way of estimating the intrinsic value of Teledyne Technologies Incorporated ( NYSE:TDY...
Shareholder Returns
| TDY | US Electronic | US Market | |
|---|---|---|---|
| 7D | -3.7% | -2.7% | -2.7% |
| 1Y | -5.0% | -15.4% | -12.9% |
Return vs Industry: TDY exceeded the US Electronic industry which returned -15.4% over the past year.
Return vs Market: TDY exceeded the US Market which returned -12.9% over the past year.
Price Volatility
| TDY volatility | |
|---|---|
| TDY Average Weekly Movement | 4.2% |
| Electronic Industry Average Movement | 7.7% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: TDY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TDY's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 14,500 | Robert Mehrabian | https://www.teledyne.com |
Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Canada, the United Kingdom, Belgium, the Netherlands, and internationally. The company’s Instrumentation segment offers monitoring and control instruments for marine, environmental, industrial, and other applications, as well as electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks. Its Digital Imaging segment provides visible spectrum sensors and digital cameras for industrial machine vision and automated quality control, as well as for medical, research, and scientific applications; and infrared and X-ray spectra for use in industrial, government, and medical applications, as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.
Teledyne Technologies Fundamentals Summary
| TDY fundamental statistics | |
|---|---|
| Market Cap | US$18.09b |
| Earnings (TTM) | US$573.20m |
| Revenue (TTM) | US$5.13b |
31.6x
P/E Ratio3.5x
P/S RatioIs TDY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TDY income statement (TTM) | |
|---|---|
| Revenue | US$5.13b |
| Cost of Revenue | US$3.03b |
| Gross Profit | US$2.10b |
| Other Expenses | US$1.53b |
| Earnings | US$573.20m |
Last Reported Earnings
Apr 03, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 12.24 |
| Gross Margin | 40.92% |
| Net Profit Margin | 11.17% |
| Debt/Equity Ratio | 52.8% |
How did TDY perform over the long term?
See historical performance and comparisonValuation
Is Teledyne Technologies undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
17.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TDY ($386.1) is trading below our estimate of fair value ($466.86)
Significantly Below Fair Value: TDY is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TDY is poor value based on its PE Ratio (31.6x) compared to the US Electronic industry average (16.4x).
PE vs Market: TDY is poor value based on its PE Ratio (31.6x) compared to the US market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: TDY is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: TDY is overvalued based on its PB Ratio (2.3x) compared to the US Electronic industry average (1.9x).
Future Growth
How is Teledyne Technologies forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TDY's forecast earnings growth (11.9% per year) is above the savings rate (1.9%).
Earnings vs Market: TDY's earnings (11.9% per year) are forecast to grow slower than the US market (12.5% per year).
High Growth Earnings: TDY's earnings are forecast to grow, but not significantly.
Revenue vs Market: TDY's revenue (5% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: TDY's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TDY's Return on Equity is forecast to be low in 3 years time (10.4%).
Past Performance
How has Teledyne Technologies performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
16.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TDY has high quality earnings.
Growing Profit Margin: TDY's current net profit margins (11.2%) are lower than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: TDY's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: TDY's earnings growth over the past year (41.8%) exceeds its 5-year average (16.2% per year).
Earnings vs Industry: TDY earnings growth over the past year (41.8%) exceeded the Electronic industry 34.4%.
Return on Equity
High ROE: TDY's Return on Equity (7.3%) is considered low.
Financial Health
How is Teledyne Technologies's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: TDY's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: TDY's short term assets ($2.3B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: TDY's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: TDY's debt to equity ratio has reduced from 81.1% to 52.8% over the past 5 years.
Debt Coverage: TDY's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: TDY's interest payments on its debt are well covered by EBIT (15.9x coverage).
Balance Sheet
Dividend
What is Teledyne Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TDY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TDY'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 TDY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TDY's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TDY has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
8.0yrs
Average management tenure
CEO
Robert Mehrabian (80 yo)
0.58
Tenure
US$6,567,058
Compensation
Dr. Robert Mehrabian has been the President and Chief Executive Officer of Teledyne Technologies Incorporated since October 15, 2021. He has been an Executive Chairman at Teledyne FLIR, LLC since May 14, 2...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD6.57M) is below average for companies of similar size in the US market ($USD13.34M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TDY's management team is seasoned and experienced (8 years average tenure).
Board Members
Experienced Board: TDY's board of directors are seasoned and experienced ( 15.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
Top Shareholders
Company Information
Teledyne Technologies Incorporated's employee growth, exchange listings and data sources
Key Information
- Name: Teledyne Technologies Incorporated
- Ticker: TDY
- Exchange: NYSE
- Founded: 1960
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: US$18.086b
- Shares outstanding: 46.84m
- Website: https://www.teledyne.com
Number of Employees
Location
- Teledyne Technologies Incorporated
- 1049 Camino Dos Rios
- Thousand Oaks
- California
- 91360-2362
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/22 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2022/04/03 |
| Annual Earnings | 2022/01/02 |
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.