Equity

Is TELEDYNE TECHNOLOGIES INC (TDY) undervalued?

$597.11−1.11% todayNYSE · USD · last traded 2026-09-14 20:00 UTC

TELEDYNE TECHNOLOGIES INC trades on a P/E of 31.63 against earnings growth of 4.5% a year over the last 3 years, giving a PEG ratio of 6.98 — above the 2.0 level conventionally read as expensive relative to growth.

Earnings figures are measured from TDY’s filed annual accounts, not estimated. PEG compares price to earnings growth alone — it says nothing about debt, cash generation, or what an acquirer would pay. Read it alongside the figures below rather than on its own.

PEG ratio6.98
01.02.03.0+
Convention reads below 1.0 as inexpensive relative to growth and above 2.0 as expensive, though typical ranges differ sharply by sector.
P/E ratio31.63
earnings growth (3-year CAGR)4.5%
PEG ratio6.98
Measured from TDY's filed annual accounts. Trailing, not forecast.
01

What it would cost to buy TDY

Enterprise value is what it would cost to take the whole company: every share at today’s price, plus the debt an acquirer assumes, less the cash they receive. For TELEDYNE TECHNOLOGIES INC that is $29.37B.

Every term below is a line item from a filed statement. The numbers beside each one open the filing it came from — balance-sheet figures arrive already scaled, so there is no “in thousands” to catch you out.

46.4M shares · 10-Q cover page

market capitalisation$27.68B
total debt$2.03B
cash & equivalents$340.1M
enterprise value$29.37B
Balance-sheet terms as reported to 2026-06-28.
Enterprise-value multiples for TELEDYNE TECHNOLOGIES INC
MeasureValue
Diluted earnings per shareto 2025-12-28$18.88
P/E ratioto 2025-12-2831.6
Earnings growth (3-year CAGR)to 2025-12-284.5%
PEG ratioto 2025-12-287.0
Market capitalisationto 2026-07-15$27.68B
Total debtto 2026-06-28$2.03B
Net debtto 2026-06-28$1.69B
Enterprise valueto 2026-06-28$29.37B
EBITDAto 2025-12-28$1.49B
Free cash flowto 2025-12-28$1.07B
EV / EBITDAto 2025-12-2819.8×
EV / Salesto 2025-12-284.8×
Free cash flow yieldto 2025-12-283.9%
Net debt / EBITDAto 2025-12-281.1×
Return on capital employedto 2025-12-288.9%

Earnings growth is measured across TELEDYNE TECHNOLOGIES INC’s own filed annual accounts. PEG conventionally uses forecast growth from analyst estimates; filings contain only history, so this is trailing growth and will read differently from a PEG quoted elsewhere.

02

Against the sector

TDY against 38 listed companies sharing its classification — Surgical & Medical Instruments & Apparatus and related industries. A multiple means little on its own; the column that matters is the gap. See what aerospace and defence companies trade on.

TDY compared with the median of 38 sector peers
MeasureTDYSector medianDifference
EV / EBITDA*19.8×18.6×+1.1×
EV / Sales*4.8×5.3×0.5×
Net debt / EBITDA1.1×1.8×0.6×
Return on capital employed8.9%12.1%3.2%
Operating margin18.8%18.6%+0.2%
Free cash flow margin17.6%16.3%+1.2%
Compared against

A, ALGN, AME, BAX, BDX, BSX, COHR, COO, DHR, DXCM, EW, FTV, GEHC, GRMN, ISRG, KEYS, KLAC, LHX, MDT, MMM, MTD, NOC, PODD, RMD, ROK, ROP, RVTY, SOLV, STE, SYK, TER, TMO, TRMB, TT, VLTO, WAT, WST, ZBH.

Medians are taken across peers where the measure could be computed, so the sample differs by row. Green marks the direction conventionally read as cheaper or stronger — it is a direction, not a recommendation. * Price-based multiples move with the market; peer figures are a snapshot taken 2026-09-09. The remaining rows come from filed statements and hold until the next reporting season.

03

Market ratios

Price-based ratios from market data. Anything drawn from a filed statement is in the enterprise-value section above, with its source.

Valuation and financial-health metrics for TELEDYNE TECHNOLOGIES INC (TDY)
MetricValue
Price$597.11
PEGY ratio
Dividend yield0.00%
Price / book
Price / sales
Return on equity9.2%
Profit margin
Operating margin
Debt / equity18.56
Current ratio
Beta0.89
52-week range$483.02 – $697.67

Not reported for TDY: pegy ratio, price / book, price / sales, profit margin, operating margin, current ratio. A dash means the figure was not available from the source, not that it is zero.

04

Compare and chart

Compare TDY vs Competitors

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05

About TDY’s valuation

What is the PEG ratio for TELEDYNE TECHNOLOGIES INC (TDY)?
TELEDYNE TECHNOLOGIES INC has a PEG ratio of 6.98, from a P/E of 31.63 and earnings growth of 4.5% a year measured across 3 years of filed accounts. That is above the 2.0 level conventionally read as expensive relative to growth. Note that PEG is conventionally quoted against forecast growth; this uses reported history, so it will differ from a PEG you see elsewhere.
Is TDY undervalued right now?
That depends on the measure. On PEG, TDY reads 6.98, above the 2.0 level conventionally read as expensive relative to growth. The PEG ratio compares price to earnings growth alone — it ignores debt, cash generation and asset backing, so it is a starting point rather than a conclusion. The enterprise-value measures above account for debt and cash; they often tell a different story.
What is the PEGY ratio for TDY?
The PEGY ratio for TELEDYNE TECHNOLOGIES INC is —. PEGY adds the dividend yield of 0.00% to the growth rate in the denominator, which gives a fairer reading of companies returning cash as income rather than growth.
Where do these TDY figures come from?
Market price and capitalisation come from live market data; earnings, growth and dividend figures come from TELEDYNE TECHNOLOGIES INC's published financial statements. Every derived ratio on this page shows the arithmetic that produced it.

This page describes published financial data. It is not investment advice and makes no recommendation to buy or sell TDY.