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Teledyne Technologies Incorporated — Intrinsic Value & Fair Price

TDY
NYSETechnologyHardware, Equipment & PartsCIK 0001094285teledyne.comAbout TDY
Last close · Oct 16, 2026618.60−1.31 (−0.21%)
Market cap$28.7B
Model value · DCF · Perpetuity growth · 5y
442.62
Teledyne Technologies closed at $618.60 — overvalued by 40% vs model.
285.60the model's range964.90

DCF · Perpetuity growth · 5y leads for mature & stable — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
370.98 – 825.72
Wall St. target
760.00 19% below
Above model, 1y
17 of 20 days

Price and model value

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How it is valued

Valued asMature & Stable
Low/slowing growth (~6% recent)Moderate margins (15% net margin)Highly cyclical earnings
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
32.8×
EV / EBITDA
20.7×
FCF yield
3.7%
Dividend yield, TTM
0.00%
Beta
0.90
Cost of capital (WACC)
8.56%
Full financials

Analyst actions

third-party, quoted
09-15Needham · target760.00
08-13Morgan Stanley · target715.00
07-26Jefferies · target830.00
04-26B of A Securities · “Neutral” from “Buy”downgrade
Ratings, targets and estimates

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About Teledyne Technologies

Teledyne Technologies Incorporated develops and supplies advanced technologies primarily for industrial sectors experiencing growth, serving customers across the United States, Canada, the United Kingdom, Belgium, the Netherlands, and other international markets. The company's Instrumentation division provides sophisticated monitoring and control equipment for use in marine environments, environmental management, various industrial processes, and other specialized applications. It also offers electronic tools for testing and measurement, alongside connectivity devices for power and communication within distributed instrumentation setups and sensor networks. Its Digital Imaging segment specializes in a broad range of imaging solutions. This includes visible spectrum sensors and digital cameras vital for industrial machine vision, automated quality control, as well as medical, research, and scientific purposes. Additionally, it offers infrared and X-ray imaging technologies for industrial, governmental, and healthcare applications. The segment also produces microelectromechanical systems (MEMS) and semiconductors, such as analog-to-digital and digital-to-analog converters. Complementing these, it delivers complete thermal and visible-light imaging systems, locator systems, measurement and diagnostic tools, and threat detection solutions. The Aerospace and Defense Electronics segment is dedicated to supplying electronic components and subsystems, along with communication products. This encompasses defense-specific electronics, specialized environmental interconnects, data acquisition and communication gear for aircraft, components for wireless and satellite communication systems, and batteries for general aviation. Finally, the Engineered Systems segment provides comprehensive systems engineering, integration services, technology development, and manufacturing capabilities for applications in defense, space exploration, environmental protection, and energy. It also designs and manufactures advanced electrochemical energy systems and associated electronics specifically for military use. Teledyne Technologies promotes and sells its diverse portfolio of products and services through a combination of its dedicated internal sales teams and a network of external sales representatives and distributors. The company, established in 1960, maintains its corporate headquarters in Thousand Oaks, California.

CEO
George C. Bobb
Headquarters
Thousand Oaks, CA
Employees
15,800
IPO
1999-11-23
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.