Teradyne (MIL:1TER) EV-to-OCF: 54.50 (As of Aug. 22, 2026) — 171% Above Median

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MIL:1TER Teradyne Inc MIL:1TER
52 GF Score
Price €316.05
GF Value €178.92
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Teradyne EV-to-OCF?

Teradyne MIL:1TER -3.08% 52 EV-to-OCF is 54.50 as of Aug. 22, 2026, which is 171% above its 10-year median of 20.11. GuruFocus rates MIL:1TER with a GF Score™ of 52/100 and a GF Value™ of €178.92 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,034 Semiconductors companies, Teradyne ranks worse than 80.75% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Teradyne's Enterprise Value is €50,075 Mil. Teradyne's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €919 Mil. Therefore, Teradyne's EV-to-OCF for today is 54.50.

The historical rank and industry rank for Teradyne's EV-to-OCF or its related term are showing as below:

MIL:1TER' s EV-to-OCF Range Over the Past 10 Years
Min: 7.32   Med: 20.11   Max: 88.53
Current: 54.96

During the past 13 years, the highest EV-to-OCF of Teradyne was 88.53. The lowest was 7.32. And the median was 20.11.

MIL:1TER's EV-to-OCF is ranked worse than
80.75% of 1034 companies
in the Semiconductors industry
Industry Median: 13.47 vs MIL:1TER: 54.96

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-22), Teradyne's stock price is €316.05. Teradyne's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €6.285. Therefore, Teradyne's PE Ratio (TTM) for today is 50.29.


Teradyne  (MIL:1TER) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Teradyne's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=316.05/6.285
=50.29

Teradyne's share price for today is €316.05.
Teradyne's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6.285.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Teradyne EV-to-OCF Related Terms


Teradyne EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Teradyne's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Teradyne EV-to-OCF Chart

Teradyne Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.08 22.22 27.06 29.52 44.74

Teradyne Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.69 31.71 44.74 59.45 70.84

MIL:1TER vs Q, ENTG, AMKR: EV-to-OCF Comparison

For the Semiconductor Equipment & Materials subindustry, Teradyne's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Teradyne EV-to-OCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Teradyne's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Teradyne's EV-to-OCF falls into.


MIL:1TER
52GF Score
Teradyne Inc MIL:1TER
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teradyne EV-to-OCF Calculation

Teradyne's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=50075.190/918.855
=54.50

Teradyne's current Enterprise Value is €50,075 Mil.
Teradyne's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €919 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 54.50 mean?
Teradyne (MIL:1TER) has a EV-to-OCF of 54.50 as of Aug. 22, 2026. This is 171% above median its historical median of 20.11. Over the past decade, Teradyne's EV-to-OCF has ranged from 7.32 to 88.53. According to the industry distribution chart, Teradyne ranks #835 out of 1034 companies in the Semiconductors industry, placing it in the top 80.8%.
Is Teradyne's EV-to-OCF too high?
Teradyne's current EV-to-OCF of 54.50 is 171% above median its 10-year median of 20.11. Over the past 10 years, this metric has ranged from a low of 7.32 to a high of 88.53. The Semiconductors industry median EV-to-OCF is 13.47. Teradyne's value of 54.50 is 304.6% above this industry median. Based on the distribution chart, Teradyne ranks #835 out of 1034 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Teradyne has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teradyne's EV-to-OCF compare to Q and ENTG?
According to the Semiconductors industry distribution chart, Teradyne ranks #835 out of 1034 companies for EV-to-OCF. This places Teradyne in the lower half of its industry. The industry median EV-to-OCF is 13.47. Teradyne's value of 54.50 is 304.6% above this benchmark. Historically, Teradyne's own EV-to-OCF has ranged from 7.32 to 88.53 over the past decade. While the company's 10-year median is 20.11 vs. the industry median of 13.47, Teradyne has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.47, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teradyne's current EV-to-OCF of 54.50 is 304.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teradyne's current EV-to-OCF is 54.50, which is 171% above median its own 10-year median of 20.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teradyne stock overvalued right now?
Based on GuruFocus' analysis, Teradyne (MIL:1TER) is currently considered Significantly Overvalued. The stock's GF Value™ is €178.92, compared to a current price of €316.05 — trading 76.6% above its estimated fair value. The current EV-to-OCF is 54.50, which is 171% above median its 10-year median of 20.11 and 304.6% above the Semiconductors industry median of 13.47. Teradyne's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Teradyne (MIL:1TER), the current EV-to-OCF is 54.50 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Teradyne (MIL:1TER) Overvalued in 2026?

Based on GuruFocus' analysis, Teradyne stock appears to be overvalued. The current stock price of €316.05 is trading 76.6% above its estimated GF Value™ of €178.92. GuruFocus considers Teradyne to be Significantly Overvalued.

Key valuation signals for MIL:1TER:

  • EV-to-OCF: 54.50 (171% above median its 10-year median of 20.11)
  • GF Value™: €178.92 vs. price of €316.05 (76.6% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 304.6% above the Semiconductors median (#835 of 1034)

No single metric tells the full story. See the MIL:1TER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teradyne Business Description

Address 600 Riverpark Drive, North Reading, MA, USA, 01864
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems, and wireless testing for devices. The firm entered the industrial automation market in 2015 and sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies, directly and indirectly, through its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
52GF Score

Get the complete analysis for MIL:1TER

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€316.05
Price
€178.92
GF Value