Teledyne Technologies (Teledyne Technologies) GF Value Rank : 9 (As of Apr. 26, 2024)

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What is Teledyne Technologies GF Value Rank?

Teledyne Technologies has the GF Value Rank of 9.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Teledyne Technologies's GF Value Rank

For the Scientific & Technical Instruments subindustry, Teledyne Technologies's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Teledyne Technologies's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Teledyne Technologies's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Teledyne Technologies's GF Value Rank falls into.

Teledyne Technologies GF Value Rank Related Terms

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Teledyne Technologies (Teledyne Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Teledyne Technologies Inc (NYSE:TDY) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

TYZ:Germany TYZ:Germany

Address

1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362

Website

https://www.teledyne.com

Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.

Executives

Sue Main	officer: VP & Controller	TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Jason Vanwees	officer: VP, Strategy, Mergers & Acq.	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Robert Mehrabian	officer: Chairman, Pres. & CEO	C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Von Schack Wesley W	director	ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Jane Cecile Sherburne	director	ONE WALL STREET, NEW YORK NY 10286
Melanie Susan Cibik	officer: Sr. VP, General Counsel & Sec.	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Stephen Finis Blackwood	officer: Senior VP & Treasurer	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Bobb George C Iii	officer: See Remarks	1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Charles Crocker	director	ONE POST ST, STE 2500, SAN FRANCISCO CA 94104
Kenneth C Dahlberg	director	SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121
Cynthia Y Belak	officer: Vice President and Controller	1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Simon M Lorne	director	666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Vincent J Morales	director	PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Aldo Pichelli	officer: Segment President & COO	TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360