Financials Teledyne Technologies Incorporated

Equities

TDY

US8793601050

Electronic Equipment & Parts

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
374.6 USD -0.62% Intraday chart for Teledyne Technologies Incorporated -6.66% -16.05%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,638 14,457 20,383 18,744 21,058 17,751 - -
Enterprise Value (EV) 1 13,289 14,562 24,008 22,027 23,655 19,646 18,367 17,180
P/E ratio 32.3 x 36.9 x 43.5 x 24.2 x 24.1 x 22.7 x 20.3 x 18.7 x
Yield - - - - - - - -
Capitalization / Revenue 3.99 x 4.68 x 4.42 x 3.43 x 3.74 x 3.16 x 2.96 x 2.8 x
EV / Revenue 4.2 x 4.72 x 5.2 x 4.04 x 4.2 x 3.5 x 3.06 x 2.71 x
EV / EBITDA 22 x 23.5 x 25.4 x 16.9 x 17.4 x 14.5 x 12.3 x 10.7 x
EV / FCF 33.8 x 26.6 x 33.2 x 55.9 x 32.8 x 20.7 x 16.6 x 14.2 x
FCF Yield 2.96% 3.76% 3.01% 1.79% 3.05% 4.84% 6.01% 7.05%
Price to Book - 4.6 x 2.54 x 2.34 x 2.31 x 1.83 x 1.65 x 1.51 x
Nbr of stocks (in thousands) 36,470 36,882 46,655 46,871 47,185 47,381 - -
Reference price 2 346.5 392.0 436.9 399.9 446.3 374.6 374.6 374.6
Announcement Date 1/22/20 1/27/21 1/27/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,164 3,086 4,614 5,459 5,636 5,613 5,994 6,331
EBITDA 1 603.6 619.2 943.4 1,300 1,360 1,350 1,496 1,610
EBIT 1 491.7 480.1 624.3 972 1,034 1,075 1,175 1,297
Operating Margin 15.54% 15.56% 13.53% 17.81% 18.36% 19.16% 19.6% 20.48%
Earnings before Tax (EBT) 1 473.7 469.7 533.8 908.1 958.9 983.9 1,119 1,220
Net income 1 402.3 401.9 445.3 788.6 885.7 791.1 880.2 965.8
Net margin 12.72% 13.02% 9.65% 14.45% 15.72% 14.09% 14.68% 15.25%
EPS 2 10.73 10.62 10.05 16.53 18.49 16.51 18.48 20.01
Free Cash Flow 1 393.7 547.5 723 394.2 721.2 951 1,104 1,210
FCF margin 12.44% 17.74% 15.67% 7.22% 12.8% 16.94% 18.41% 19.12%
FCF Conversion (EBITDA) 65.23% 88.42% 76.64% 30.32% 53.05% 70.42% 73.75% 75.17%
FCF Conversion (Net income) 97.86% 136.23% 162.36% 49.99% 81.43% 120.22% 125.38% 125.33%
Dividend per Share 2 - - - - - - - -
Announcement Date 1/22/20 1/27/21 1/27/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,312 1,376 1,321 1,356 1,364 1,418 1,383 1,425 1,402 1,425 1,350 1,362 1,424 1,465 1,410
EBITDA 1 279.8 329.1 364 312.2 326 351.6 374.3 336.1 347 351.9 314.5 321 342.1 362.5 -
EBIT 1 189.6 195.1 223.5 229.5 245.2 273.8 242.5 256.1 264.3 271.5 234.3 247.1 267.6 287.1 259.4
Operating Margin 14.45% 14.18% 16.92% 16.93% 17.98% 19.31% 17.53% 17.98% 18.84% 19.05% 17.35% 18.14% 18.79% 19.6% 18.4%
Earnings before Tax (EBT) 1 167.9 172.5 203 221.5 231.3 252.3 223.7 234.9 246.1 254.2 225.5 226.3 255.5 275.4 250.2
Net income 1 134.1 161.8 212.6 171.3 178.3 226.4 178.7 185.3 198.6 323.1 178.5 177.2 199.4 215.4 197.5
Net margin 10.22% 11.76% 16.09% 12.63% 13.08% 15.96% 12.92% 13.01% 14.16% 22.67% 13.22% 13.01% 14% 14.7% 14.01%
EPS 2 2.810 3.390 4.460 3.590 3.740 4.740 3.730 3.870 4.150 6.750 3.720 3.695 4.170 4.522 4.080
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 10/27/21 1/27/22 4/27/22 7/27/22 10/26/22 1/25/23 4/26/23 7/26/23 10/25/23 1/24/24 4/24/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 651 105 3,625 3,283 2,597 1,895 616 -
Net Cash position 1 - - - - - - - 571
Leverage (Debt/EBITDA) 1.079 x 0.1702 x 3.842 x 2.525 x 1.91 x 1.403 x 0.4118 x -
Free Cash Flow 1 394 548 723 394 721 951 1,104 1,211
ROE (net income / shareholders' equity) 15.3% - 8.21% 9.99% 10.8% 9.63% 9.76% 9.66%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - 85.20 172.0 171.0 193.0 205.0 228.0 248.0
Cash Flow per Share 2 12.90 16.30 18.60 10.20 17.50 23.00 24.30 27.40
Capex 1 88.4 71.4 102 92.6 115 104 131 139
Capex / Sales 2.79% 2.31% 2.2% 1.7% 2.04% 1.85% 2.18% 2.19%
Announcement Date 1/22/20 1/27/21 1/27/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
374.6 USD
Average target price
469.9 USD
Spread / Average Target
+25.43%
Consensus
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