Teledyne Technologies Incorporated logo TDY - Teledyne Technologies Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 4
SELL 2
STRONG
SELL
0
| PRICE TARGET: $651.00 DETAILS
HIGH: $775.00
LOW: $465.00
MEDIAN: $682.00
CONSENSUS: $651.00
UPSIDE: 2.44%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 65% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 3.3% below fair value
Current Price $635.52
Bear Case $406.18 36.1% downside ($406.18 - $635.52) / $635.52 = -36.1% 9% stage 1 growth, 11% discount
Fair Value $657.40 3.4% upside ($657.40 - $635.52) / $635.52 = 3.4% 15% stage 1 growth, 11% discount
Bull Case $934.92 47.1% upside ($934.92 - $635.52) / $635.52 = 47.1% 19% stage 1 growth, 11% discount

Adjust Assumptions

14.7%
11.0%
3.0%

Key Value Driver

FCF growth rate (15% base case)

Terminal Value % of EV 43%
Implied Market Multiple 29.5x
Market is pricing in (growth) 14.2% vs our 14.7% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $651.00 from 18 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $657.40 per share.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions