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Teledyne Technologies Inc (TDY)

Fair Value
TechnologyScientific & Technical InstrumentsUnited States

Fundamental

73

Price

$606.81

Market Cap

$28.30B

Part 1 · What the company is worth

Overview

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally. The Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectrum products, as well as micro-electromechanical systems and semiconductors, such as analog-to-digital and digital-to-analog converters. This segment offers cooled and uncooled infrared or thermal products, including sensors, camera cores, and camera systems; high-resolution, low-dose X-ray sensors, high-power microwave, and high-energy X-ray subsystems; and instruments for the measurement of physical properties and maritime products, as well as develops and manufactures multi-spectrum electro-optic/infrared imaging systems and associated products, such as lasers, optics, radars, CBRNE (chemical, biological, radiological, nuclear, and explosive) detectors, and unmanned air and ground systems. The Instrumentation segment provides monitoring, control, and electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks. The Aerospace and Defense Electronics segment offers electronic and optical components and subsystems, data acquisition and communications components and equipment, harsh-environment interconnects, general aviation batteries and other components; and onboard avionics systems and ground-based applications, aircraft data and connectivity solutions, hardware systems, and software applications. The Engineered Systems segment provides systems engineering, integration and advanced technology development, and complex manufacturing solutions for defense, space, environmental, and energy applications; and designs and manufactures electrochemical energy systems and specialty electronics for military applications. The company was founded in 1960 and is headquartered in Thousand Oaks, California.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$6.37B

Trailing 12 months (through 6/28/2026)

Net Income

$975M

Trailing 12 months (through 6/28/2026)

Free Cash Flow

$1.07B

Total Equity

$10.51B

Total Liabilities

$4.77B

Current Ratio

2.18

Interest Coverage

24.50

Debt/EBITDA

1.36

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$599.43

Current Price

$606.81

Margin of Safety

-1.2%

Fair Value Range

$450.47 - $748.40

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$758.08
Discounted cash flow (DCF):$603.00
Earnings multiple (P/E):$509.89
Graham growth formula:$598.95
Earnings power value (EPV):$223.25
Justified P/B:$216.69
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:$424.92
Mid-cycle earnings:$555.42
Revenue multiple:$693.74
Analyst Consensus:Buy (11B / 6H / 0S)
Last Earnings Surprise:+7.28%

Valuation Metrics

P/E Ratio

29.34

ROE

8.5%

P/B Ratio

2.58

P/FCF

24.63

Gross Margin

43.3%

ROIC

7.1%

Profitability Radar

Value Creation (Economic Moat)

ROIC

7.1%

WACC

9.0%

ROIC − WACC

-1.9 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (23)

  • EPS shows upward trend
  • EPS CAGR 11.32%
  • Price CAGR 17.25%
  • ROIC 7.1%
  • Gross Margin 43.3%
  • P/FCF 24.63
  • P/B Ratio 2.58
  • Debt/Equity ratio
  • Operating Margin 19.4%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 9.1%
  • Revenue Growth 5Y 14.7%
  • Analyst Consensus 65% Buy
  • Earnings Surprise avg 9.9%
  • Earnings Quality (OCF/NI) 1.30
  • Share Dilution -0.4%
  • Net Margin Trend 15.3% vs 14.5%
  • Piotroski F-Score 7/9

Failed (4)

  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • PEG Ratio 2.37

Unavailable (1)

  • Dividend Payout NaN%

Piotroski F-Score

7/9

Strong financial health

score
criteria

Earnings Quality

1.30

High quality: earnings backed by cash

Share Dilution

-0.4%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Dr. Robert MehrabianExecutive Chairman84
Mr. George C. Bobb IIIPresident, CEO & Director50
Mr. Stephen Finis BlackwoodCFO & Executive VP62
Ms. Melanie Susan Cibik J.D.Executive VP, General Counsel, Secretary & Chief Compliance Officer65
Mr. Jason VanWeesVice Chairman53
Mr. Scott HudsonVP & Chief Information Officer63
Mr. Jason W. ConnellSenior VP of Human Resources & Associate General Counsel49
Mr. Carl W. AdamsVP & Chief Audit Executive55
Mr. Kevin PrussoPresident and GM of Test & Measurement Instrumentation61
Ms. Vicki L. BennePresident & GM of Teledyne Lab and Field Instruments63

Audit Risk

4

Board Risk

9

Compensation Risk

6

Shareholder Rights Risk

8

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-20

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-07-24

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-09-28

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for TDY, sourced from Markets Gazette.

  • 6/11/2026POSITIVE
    Here's How Much $1000 Invested In Teledyne Technologies 20 Years Ago Would Be Worth Today

    An investment of $1000 in Teledyne Technologies Inc. (TDY) twenty years ago would have grown to approximately $15,870 today, representing a significant 15.87x return. This performance, which translates to an annualized return of roughly 15.3%, significantly outpaces the broader market averages over the same period. The company's consistent growth and strategic acquisitions have likely fueled this impressive appreciation, making it a compelling case study for long-term investors focused on technology and industrial sectors.

  • 2/26/2026NEUTRAL
    Here's How Much You Would Have Made Owning Teledyne Technologies Stock In The Last 10 Years

    A recent article aims to analyze the historical performance of Teledyne Technologies Inc. stock over the past ten years. While the title suggests positive returns for investors who held the shares, the detailed content of the analysis, including precise figures and percentage gains, was not provided. This type of retrospective report is useful for understanding a company's past growth trajectory and its ability to generate value over time. However, in the absence of new fundamental information or market catalysts, the article does not offer an immediate trading signal or directional forecasts for the near future, maintaining a neutral outlook on the stock in the short term.

via Markets Gazette