TERTeradyne
Is the price fair?
A demanding price: priced for +25% a year vs +16% a year delivered, at the top of its own P/E range, and rich vs its sector.
Priced for ~25% a year FCF growth. The price demands more than its three-year revenue growth of 16% a year, priced for acceleration.
Expensive vs its own history: P/E 55.3 vs a 27.9 median over 37 quarters (+98% vs median).
Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Unless marked, from derived, as of Jun 28, 2026.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What TER's price assumes
Teradyne trades at 55.3× earnings against 53.4× for the median Semiconductor Equipment & Materials name, more expensive than its own group.
Trailing P/E · Semiconductor Equipment & Materials median 53.4 · 1.03× the median: the market pays up for this one
- Price / sales
- 15.4
Price / sales · today's price, trailing year to Jun 28, 2026
- 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 / booktoday's price, trailing year to Jun 28, 2026
- 19.9
- EV / EBITtoday's price, trailing year to Jun 28, 2026
- 50.5
- EV / salestoday's price, trailing year to Jun 28, 2026
- 15.3
- Technology median P/E459 names
- 37.7
- Semiconductor Equipment & Materials median P/E24 names
- 53.4
- Free cash flow, trailing twelve months
- $800M
- Market capitalisation
- $68.6B
- 3-year revenue growth
- +16%
- 3-year free cash flow growth
- +20%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $147.30 |
| Its own P/E history, median | $202.86 |
| Its own P/E history, upper quartile | $273.87 |
| 52-week range | $119.66 – $457.00 |
| Today | $402.68 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Semiconductor Equipment & Materials
The closest names by size in the same industry