Teledyne Technologies Incorporated (TDY) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Teledyne Technologies Incorporated stock $730, price $632, upside +15.5%, quality 69 out of 100. Rating: undervalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range $331.10 – $691.30 · fair‑value band $434.94 – $1,097 · the $632.01 price screens below the $729.99 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 4, 2026.
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Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally.
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The Digital Imaging provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra products, as well as micro electromechanical systems and semiconductors, including 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, and 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.
Stock analysis
Teledyne Technologies Incorporated (TDY) currently trades at $632.01, while our model-based Fair Value estimate is $729.99, implying the stock looks roughly 13% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $527.66 per share, and 0 of the 22 models we run sit above the $632.01 price.
Bear case: the Earnings-Based group reads lowest at $174.31, and 22 of the 22 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $434.94 (bear) to $1,097 (bull), the price of $632.01 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Teledyne Technologies Incorporated reported revenue of $6.1B in FY2025 versus $4.6B in FY2021, a compound +7.3%/yr. Reported net income was $895M in FY2025, compounding +19.1%/yr from FY2021.
Key figures
Market cap $29.6B Large · P/E ratio 28.9 · P/S ratio 4.55 · EPS (TTM) $21.84 · Net margin 15.8% · Return on equity 9.5% · Return on assets (EBIT) 6.5% · Operating margin 20.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 59 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 30% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −46% fair-value upside, at 16%, TDY screens cheaper than that median.
Fair Value models
Bear$434.94Fair Value $729.99Bull$1,097
Price $632.01 · Upside +15.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($18.49 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 2 officers or directors sold shares worth $4.7M and none bought.
SaleWesley W Von SchackDirector468 shares at $686.63$321,343Aug 12, 2026
SaleSimon M LorneDirector6,449 shares at $680.35$4.4MAug 12, 2026
SaleJason VanWeesVice Chairman7,500 shares at $630.77$4.7MFeb 3, 2026
SaleMichael T SmithDirector4,000 shares at $621.00$2.5MJan 29, 2026
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.7%
Start year 2020 (pandemic). Over 10 years: +10.3% a year
Revenue growth 27 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.2%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+12.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.2%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.12.2% vs 13.3%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.16% → 19%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+14.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +12.1% a year for the price and +3.4% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Teledyne shows strength through proven high-volume delivery of space-qualified infrared detectors yet its moderate niche positioning offers only thin evidence of durable moats.
Main risk: A large share of revenue comes from U.S. government and defense contracts, so shifts in budgets, policy priorities, shutdowns or program funding could reduce orders and pressure margins in aerospace, defense electronics and space segments.
Bull case: By leveraging its proven high-volume space-qualified production and expanding into allied or commercial space programs, the company could diversify beyond U.S. defense timing and stabilize revenue streams.
Bear case: If U.S. defense budgets face sustained cuts or delays alongside tighter Chinese export controls on critical materials, order volumes and margins in key segments could decline sharply over multiple years.
Teledyne has scaled production to deliver over a billion infrared detector pixels for the Space Development Agency's proliferated satellite constellation supporting missile warning and tracking. The milestone includes more than 170 focal planes delivered with over 115 more under contract plus selection for the next tranche. Will this proven ability to meet high-volume space-qualified demands open wider commercial or allied opportunities or keep the business tied mainly to U.S. defense program timing?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Scientific & Technical Instruments · 160 stocks
P/B2.82× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Teledyne Technologies Incorporated (TDY) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of $729.99 versus a price of $632.01, about +16% upside (undervalued).
What is the fair value of TDY?
Our model-based fair value for Teledyne Technologies Incorporated is $729.99 (as of Nov 4, 2026), built from audited fundamentals. The current price: $632.01.
What is the quality score of TDY?
Teledyne Technologies Incorporated has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Teledyne Technologies Incorporated (TDY)?
Our model-based price target is the fair value of $729.99 (as of Nov 4, 2026) from 22 valuation models. Cautious scenario $434.94, optimistic scenario $1,097. It is a calculation from audited fundamentals, not an analyst target.
What is the Teledyne Technologies Incorporated stock forecast for 2026?
Our models put fair value at $729.99, about +16% upside versus a price of $632.01 (undervalued). Cautious scenario $434.94, optimistic scenario $1,097. The calculation is refreshed regularly with new filings.
What is the revenue of Teledyne Technologies Incorporated (TDY)?
Teledyne Technologies Incorporated reported trailing-twelve-month revenue of about $6.5B (latest available figure, as of Nov 4, 2026).
What growth is priced into Teledyne Technologies Incorporated (TDY)?
For today's price to be fair in a discounted-cash-flow model, Teledyne Technologies Incorporated would have to grow free cash flow by +14.8 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.7 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of TDY use?
Our models discount Teledyne Technologies Incorporated at 9.0 %: a base by market capitalisation (large), damped by beta 0.90, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Teledyne Technologies Incorporated that is +14.8 % per year a year over ten years, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Teledyne Technologies Incorporated (TDY) delivered so far?
Over the past 5 years revenue at Teledyne Technologies Incorporated grew +14.7 % a year. The price currently implies +14.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Teledyne Technologies Incorporated (TDY) growing?
The median revenue growth in the sector is +11.3 % a year. That is the yardstick for the growth priced into Teledyne Technologies Incorporated (+14.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Teledyne Technologies Incorporated (TDY)?
The free-cash-flow yield on the price is 3.62 %: that much free cash flow Teledyne Technologies Incorporated produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Teledyne Technologies Incorporated (TDY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Teledyne Technologies Incorporated it is $729.99 per share (as of Nov 4, 2026), against a price of $632.01. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is Teledyne Technologies Incorporated stock overvalued or undervalued in 2026?
As of Nov 4, 2026, TDY trades below its calculated fair value: price $632.01, fair value $729.99, a gap of about +16% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TDY?
No. The price is what the market pays today ($632.01); the fair value is what the company's own numbers justify ($729.99). For Teledyne Technologies Incorporated the two are $97.98 per share apart. That gap is exactly why we show both numbers side by side.
How much is Teledyne Technologies Incorporated worth?
The market values Teledyne Technologies Incorporated at about $29.6B (market capitalisation, as of Nov 4, 2026). Per share that is $632.01; our models calculate a fair value of $729.99 per share.
What do the bullish and bearish scenarios say about TDY?
Our models span a range for Teledyne Technologies Incorporated: cautious scenario $434.94, base $729.99, optimistic $1,097 per share (as of Nov 4, 2026, price $632.01). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TDY?
Teledyne Technologies Incorporated trades at a price-to-earnings ratio of 28.9 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $729.99 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, 4 of the years ex one-offs: 26.9. Other multiples: PEG 1.4, P/B 2.8, P/S 4.5, EV/EBITDA 18.9.
What is the PEG ratio of TDY?
The PEG ratio of Teledyne Technologies Incorporated is 1.40 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Teledyne Technologies Incorporated (TDY)?
Balance-sheet figures for Teledyne Technologies Incorporated (as of Nov 4, 2026): return on equity 9.5%, debt of 0.19 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is TDY from its 52-week high?
Teledyne Technologies Incorporated trades at $632.01, about 9% below its 52-week high of $691.30 and 30% above the low of $484.47 (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of $729.99 is for.
Which stocks are comparable to Teledyne Technologies Incorporated?
From the same area (Technology) we also value Keysight Technologies, Inc, Garmin Ltd, Coherent Corp, AVIC Chengdu Aircraft Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Teledyne Technologies Incorporated stock attractive at the current price?
The data as of Nov 4, 2026: price $632.01, calculated fair value $729.99 (+16%), Quality Score 69/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TDY calculated?
We run Teledyne Technologies Incorporated through 22 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $729.99, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0% above its aggregate fair value. Teledyne Technologies Incorporated currently trades 13% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Teledyne Technologies Incorporated (TDY)?
The closing price on Nov 4, 2026 was $632.01. Our model-based fair value is $729.99, about +16% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Teledyne Technologies Incorporated right now?
A fairly wide model range ($434.94 to $1,097) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Teledyne Technologies Incorporated (TDY) come from?
Earnings per share at Teledyne Technologies Incorporated grew +14.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.7 %, EBIT margin +4.8 %, tax rate +1.4 %, residual (interest, one-offs) −0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Teledyne Technologies Incorporated
How large is the market capitalisation of Teledyne Technologies Incorporated (TDY)?
The market capitalisation of Teledyne Technologies Incorporated is $29.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Teledyne Technologies Incorporated (TDY)?
The price-to-sales ratio of Teledyne Technologies Incorporated is 4.55 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Teledyne Technologies Incorporated (TDY)?
Earnings per share at Teledyne Technologies Incorporated are $21.84 (price ÷ EPS = P/E 28.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Teledyne Technologies Incorporated (TDY)?
The net margin of Teledyne Technologies Incorporated is 15.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Teledyne Technologies Incorporated (TDY)?
The return on equity (ROE) of Teledyne Technologies Incorporated is 9.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Teledyne Technologies Incorporated (TDY)?
On an EBIT basis the return on assets of Teledyne Technologies Incorporated is 6.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Teledyne Technologies Incorporated (TDY)?
The operating margin of Teledyne Technologies Incorporated is 20.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Teledyne Technologies Incorporated (TDY)?
Revenue at Teledyne Technologies Incorporated is growing +9.4% versus a year earlier (3y avg +3.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Teledyne Technologies Incorporated (TDY)?
Earnings per share at Teledyne Technologies Incorporated are growing +25.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Teledyne Technologies Incorporated (TDY) carry?
The net debt of Teledyne Technologies Incorporated is $2.3B (fiscal year 2025, ≈ 2.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 4, 2026