TERTeradyne

$363.07

Is the price fair?

What TER's price assumes

Teradyne trades at 49.9× earnings against 50.3× for the median Semiconductor Equipment & Materials name, cheaper than its own group.

49.9

Trailing P/E · Semiconductor Equipment & Materials median 50.3 · cheaper than the typical name in its group

Price / sales
12.3

Price / sales · as of 2026-Q1

Free cash flow yield
1.2%

Free cash flow yield · Semiconductor Equipment & Materials median 1.2%

Growth the price implies
+25%

Growth the price implies · The price pays for +25% free cash flow growth a year for a decade; the business has delivered +20% a year over the last three.

Details
Price / book2026-Q1
14.8
Technology median P/E376 names
37.0
Semiconductor Equipment & Materials median P/E23 names
50.3
Free cash flow, trailing twelve months
$800M
Market capitalisation
$68.6B
3-year revenue growth
+16%
3-year free cash flow growth
+20%
TER has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 54.6× today against a 25.3× median
52-week range$104.41 – $457.00
Today$363.07

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.