TDY Stock Overview
Teledyne Technologies Incorporated provides instrumentation, digital imaging, aerospace and defense electronics, and engineered systems in the United States, the United Kingdom, Canada, Denmark, France, the Netherlands, and internationally.
Teledyne Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$415.29|
|52 Week High||US$465.40|
|52 Week Low||US$350.01|
|1 Month Change||-7.55%|
|3 Month Change||-9.31%|
|1 Year Change||8.81%|
|3 Year Change||93.02%|
|5 Year Change||226.46%|
|Change since IPO||4,821.96%|
Recent News & Updates
Is It Time To Consider Buying Teledyne Technologies Incorporated (NYSE:TDY)?
Let's talk about the popular Teledyne Technologies Incorporated ( NYSE:TDY ). The company's shares received a lot of...
Is Teledyne Technologies (NYSE:TDY) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Estimating The Fair Value Of Teledyne Technologies Incorporated (NYSE:TDY)
In this article we are going to estimate the intrinsic value of Teledyne Technologies Incorporated ( NYSE:TDY ) by...
|TDY||US Electronic||US Market|
Return vs Industry: TDY underperformed the US Electronic industry which returned 22.2% over the past year.
Return vs Market: TDY underperformed the US Market which returned 21.3% over the past year.
|TDY Average Weekly Movement||2.4%|
|Electronic Industry Average Movement||6.9%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: TDY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TDY's weekly volatility (2%) has been stable over the past year.
About the Company
Teledyne Technologies Incorporated provides instrumentation, digital imaging, aerospace and defense electronics, and engineered systems in the United States, the United Kingdom, Canada, Denmark, France, 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 deployed in mission critical and harsh environments. Its Digital Imaging segment provides image sensors and digital cameras for use in industrial, scientific, academic research, and medical applications; and hardware and software for image processing and automatic data collection in industrial, academic research, and medical applications, as well as manufacturing services for micro electro-mechanical systems.
Teledyne Technologies Fundamentals Summary
|TDY fundamental statistics|
Is TDY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TDY income statement (TTM)|
|Cost of Revenue||US$2.37b|
Last Reported Earnings
Oct 03, 2021
Next Earnings Date
|Earnings per share (EPS)||8.91|
|Net Profit Margin||10.27%|
How did TDY perform over the long term?See historical performance and comparison
Is Teledyne Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TDY ($431.88) is trading below our estimate of fair value ($456.49)
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 (48.5x) compared to the US Electronic industry average (17.4x).
PE vs Market: TDY is poor value based on its PE Ratio (48.5x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: TDY is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: TDY is overvalued based on its PB Ratio (2.7x) compared to the US Electronic industry average (2.5x).
How is Teledyne Technologies forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TDY's forecast earnings growth (32.4% per year) is above the savings rate (2%).
Earnings vs Market: TDY's earnings (32.4% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TDY's revenue (13.4% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: TDY's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TDY's Return on Equity is forecast to be high in 3 years time
How has Teledyne Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TDY has a large one-off loss of $225.6M impacting its October 3 2021 financial results.
Growing Profit Margin: TDY's current net profit margins (10.3%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: TDY's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: TDY's earnings growth over the past year (7.5%) is below its 5-year average (16.5% per year).
Earnings vs Industry: TDY earnings growth over the past year (7.5%) underperformed the Electronic industry 52.7%.
Return on Equity
High ROE: TDY's Return on Equity (5.6%) is considered low.
How is Teledyne Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TDY's short term assets ($2.5B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: TDY's short term assets ($2.5B) do not cover its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: TDY's net debt to equity ratio (52.5%) is considered high.
Reducing Debt: TDY's debt to equity ratio has increased from 39.2% to 59.9% over the past 5 years.
Debt Coverage: TDY's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: TDY's interest payments on its debt are well covered by EBIT (19.1x coverage).
What is Teledyne Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TDY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TDY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TDY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TDY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TDY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Mehrabian (80 yo)
Dr. Robert Mehrabian has been the President and Chief Executive Officer of Teledyne Technologies Incorporated since October 15, 2021. He has been an Executive Chairman at Teledyne FLIR, LLC since May 14, 2...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD6.98M) is below average for companies of similar size in the US market ($USD11.11M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Experienced Management: TDY's management team is seasoned and experienced (7.5 years average tenure).
Experienced Board: TDY's board of directors are seasoned and experienced ( 11.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TDY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.5%.
Teledyne Technologies Incorporated's employee growth, exchange listings and data sources
- Name: Teledyne Technologies Incorporated
- Ticker: TDY
- Exchange: NYSE
- Founded: 1960
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$19.375b
- Shares outstanding: 46.66m
- Website: https://www.teledyne.com
Number of Employees
- Teledyne Technologies Incorporated
- 1049 Camino Dos Rios
- Thousand Oaks
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 23:58|
|End of Day Share Price||2021/11/30 00:00|
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.