Company Overview

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name. This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.

  • Name

    Teradyne, Inc.

  • CEO

    Mr. Gregory S. Smith

  • Website

    www.teradyne.com

  • Sector

    Semiconductors and Semiconductor Equipment

  • Year Founded

    1960

Profile

  • Market Cap

    $21.41B

  • EV

    $20.91B

  • Shares Out

    163.18M

  • Revenue

    $2,704.03M

  • Employees

    6,500

Margins

  • Gross

    57.06%

  • EBITDA

    23.23%

  • Operating

    19%

  • Pre-Tax

    21.32%

  • Net

    18.33%

  • FCF

    17.7%

Returns (5Yr Avg)

  • ROA

    20.4%

  • ROTA

    34.28%

  • ROE

    32.72%

  • ROCE

    29.8%

  • ROIC

    36.77%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $143.95

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $460.56M

  • Net Debt

    -$504.12M

  • Debt/Equity

    0.03

  • EBIT/Interest

    129.58

Growth (CAGR)

  • Rev 3Yr

    -7.76%

  • Rev 5Yr

    4.74%

  • Rev 10Yr

    5.62%

  • Dil EPS 3Yr

    -15.87%

  • Dil EPS 5Yr

    3.25%

  • Dil EPS 10Yr

    13.75%

  • Rev Fwd 2Yr

    12.99%

  • EBITDA Fwd 2Yr

    20.81%

  • EPS Fwd 2Yr

    26.36%

  • EPS LT Growth Est

    21.48%

Dividends

  • Yield

  • Payout

    14.33%

  • DPS

    $0.46

  • DPS Growth 3Yr

    4.77%

  • DPS Growth 5Yr

    5.02%

  • DPS Growth 10Yr

    22.59%

  • DPS Growth Fwd 2Yr

    7.53%

NasdaqGS:TER