TDY
CompareTeledyne Technologies Inc
Exchange: NYSESector: TechnologyIndustry: Scientific & Technical Instruments
Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir and @flir_defense. About Teledyne Technologies Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe.
Did you know?
Price sits at 82% of its 52-week range.
Current Price
$648.68
-0.47%GoodMoat Value
$521.50
19.6% overvaluedProfile
Valuation (TTM)
Market Cap$30.04B
P/E32.19
EV$31.41B
P/B2.86
Shares Out46.31M
P/Sales4.82
Revenue$6.23B
EV/EBITDA20.90
Teledyne Technologies Inc (TDY) Stock Analysis
GoodMoat Analysis
Teledyne Technologies is a high-quality industrial technology company with a moderate moat, but it is currently priced at a premium to its estimated fair value. The stock fails the valuation gate of the GoodMoat framework, indicating an unfavourable entry point for a value investor.
Read full analysis
Teledyne Technologies is a provider of sophisticated instrumentation, digital imaging products, and engineered systems, primarily serving aerospace, defense, and industrial markets. Applying the GoodMoat framework, the company likely possesses a moderate moat, scoring in the 5-6 range. Its advantages stem from high switching costs and mission-critical products in regulated industries, proprietary technology leadership in niche areas like sensors and imaging, and a long history of strategic, founder-led acquisitions that build a diversified portfolio. The business demonstrates solid quality with an operating margin of 18.8% and a conservative debt/equity ratio of 0.24. However, its return on equity of 8.5% is below the high-quality threshold of 15-20%, and its revenue growth of 7.3% is modest. The primary issue is valuation. The current price of $618.34 is significantly above the GoodMoat Target of $521.50, implying a negative margin of safety. With a P/E of 32.8 and a free cash flow yield of 3.7%, the stock is priced for perfection relative to its single-digit growth rate. According to the Decision Framework, while the business may pass the initial Moat & Quality gate, it fails the Valuation & Risk gate. The combination of a high valuation multiple, a price above the target, and modest growth metrics creates an unfavourable risk/reward profile for a value-oriented investor seeking a margin of safety. Analysis based on data as of 2024-05-15.
Market Cap$30.04B
Current Price$648.68
P/E Ratio32.19
Forward P/E—
PEG Ratio1.49
EPS$19.12
Book Value$227.06
P/B Ratio2.86
TDY Financial Charts
TDY 52-Week Range
$462.62
$688.59
50-Day MA: $646.49200-Day MA: $573.32
Did you know?
Price sits at 82% of its 52-week range.
Teledyne Technologies Inc (TDY) Financial Summary
Teledyne Technologies Inc (TDY) is a Technology company in the Scientific & Technical Instruments industry, listed on NYSE. The stock currently trades at $648.68 with a market capitalization of $30.04B.
Key valuation metrics include a P/E ratio of 32.19, price-to-book ratio of 2.86, and EPS of $19.12. The company reports a profit margin of 15.0% and return on equity of 8.9%.
TDY Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $30.04B |
| P/E Ratio | 32.19 |
| EPS | $19.12 |
| P/B Ratio | 2.86 |
| P/S Ratio | 4.82 |
| EV/EBITDA | 20.90 |
| Profit Margin | 15.0% |
| Return on Equity | 8.9% |
| Debt/Equity | 0.24 |
Teledyne Technologies Inc (TDY) Valuation
Based on GoodMoat's DCF model, Teledyne Technologies Inc has a fair value estimate of $521.50. At the current price of $648.68, the stock appears 24.4% overvalued relative to our intrinsic value estimate.
TDY Quality Indicators
Teledyne Technologies Inc maintains a profit margin of 15.0% and an operating margin of 18.8%. Return on equity stands at 8.9%. The current ratio is 1.64. Debt-to-equity ratio is 0.24.
About Teledyne Technologies Inc
Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir and @flir_defense. About Teledyne Technologies Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe.
TDY Free Cash Flow
Teledyne Technologies Inc generated $1.07B in trailing twelve-month free cash flow, representing an FCF yield of 3.58%. This moderate FCF yield indicates reasonable cash generation.
TDY Shares Outstanding
Teledyne Technologies Inc has 0.05 billion shares outstanding at a share price of $648.68, giving it a market capitalization of $30.04B.
TDY Recent Insider Trades
Recent insider transactions at Teledyne Technologies Inc include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| VanWees Jason (Vice Chairman) | SELL | 2,580 | $1.63M |
| SMITH MICHAEL T | SELL | 1,531 | $950751.00 |