Nasdaq · Instruments For Meas & Testing of Electricity & Elec Signals
Quote as of Oct 9, 1:46 PM ET · delayed
Fairly Valued. Our fair value estimate is USD 380.00 against a price of USD 401.89, -5% implied downside. Reasoning and scenarios are in Teradyne stock: record revenue leaves little room for a stumble.
Teradyne declared USD 0.48 per share in dividends in FY2025, unchanged from FY2024. At USD 401.89 that is a 0.12% trailing yield. The dividend took 14% of FY2025 diluted EPS of USD 3.47.
Teradyne stock is backed by record quarterly revenue and management’s AI-demand outlook, yet its valuation assumes substantial growth will last. The day’s attention has no verified company-specific cause in the available news.
StockLarge CapTechnologyNo earnings notes for this company yet.
Revenue (USD, billions)
Margins (%)
Free cash flow (USD, billions)
Estimated ROIC (%)
Net debt (USD, billions)
Monetary values are in USD; revenue, FCF and net debt are in billions; EPS is per share. Missing values appear as gaps and “Not available.” Source: SEC EDGAR XBRL filings, latest restated values; quarterly cash flow derived from year-to-date figures; Q4 = fiscal year minus nine months. ROIC is NOPAT (21% tax) over debt plus equity.
| Period | Revenue | Gross % | Op % | FCF | EPS | ROIC % | Net debt |
|---|---|---|---|---|---|---|---|
| FY2016 | 1.75 | 54.7 | -3.59 | 0.37 | -0.21 | Not available | Not available |
| FY2017 | 2.14 | 57.2 | 24.6 | 0.52 | 1.28 | Not available | Not available |
| FY2018 | 2.10 | 58.1 | 22.6 | 0.36 | 2.35 | Not available | Not available |
| FY2019 | 2.29 | 58.4 | 24.1 | 0.44 | 2.60 | Not available | Not available |
| FY2020 | 3.12 | 57.2 | 29.7 | 0.68 | 4.28 | Not available | Not available |
| FY2021 | 3.70 | 59.6 | 32.4 | 0.97 | 5.53 | Not available | Not available |
| FY2022 | 3.16 | 59.2 | 26.4 | 0.41 | 4.22 | Not available | Not available |
| FY2023 | 2.68 | 57.4 | 18.7 | 0.43 | 2.73 | Not available | Not available |
| FY2024 | 2.82 | 58.5 | 21.1 | 0.47 | 3.32 | Not available | Not available |
| FY2025 | 3.19 | 58.2 | 20.4 | 0.45 | 3.47 | Not available | Not available |
Current price
USD 401.89
Fair value estimate
USD 380.00
Implied upside
-5.4%
Bear
25%USD 240
Direct equity valuation: assumed normalized EPS multiplied by assumed P/E multiple.
A downturn in semiconductor-test demand resets earnings and investors assign a more cyclical multiple. The scenario does not assume that Q2 revenue persists.
Base
50%USD 380
Direct equity valuation: assumed normalized EPS multiplied by assumed P/E multiple.
Strong demand remains supportive, but earnings settle below a straight-line extrapolation of the latest quarter and the valuation multiple moderates.
Bull
25%USD 560
Direct equity valuation: assumed normalized EPS multiplied by assumed P/E multiple.
AI-related test demand and wafer-fab investment support higher durable earnings, while the market continues to award Teradyne a premium multiple.
No news items logged for this company yet.