0.62%
-11.34%
8.73%
-1.26%
20.30%
3.51%
70.78%
AI Spotlight on TER
Company Description
Teradyne, Inc.designs, develops, manufactures, sells, and supports automatic test equipment worldwide.The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments.
The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets.It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers.
The System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems.The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers.The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name.
This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets.Teradyne, Inc.was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
Market Data
| Last Price | 115.79 |
| Change Percentage | 0.62% |
| Open | 113.73 |
| Previous Close | 115.08 |
| Market Cap ( Millions) | 18858 |
| Volume | 3707295 |
| Year High | 163.21 |
| Year Low | 94.64 |
| M A 50 | 123.06 |
| M A 200 | 128.11 |
Financial Ratios
| FCF Yield | 2.51% |
| Dividend Yield | 0.41% |
| ROE | 18.23% |
| Debt / Equity | 2.07% |
| Net Debt / EBIDTA | -68.45% |
| Price To Book | 5.07 |
| Price Earnings Ratio | 34.69 |
| Price To FCF | 39.78 |
| Price To sales | 6.69 |
| EV / EBITDA | 26.39 |
News
- Jan -31 - Can Strong Semiconductor Test Segment Push Teradyne Stock Higher?
- Jan -31 - Teradyne and Infineon Announce Strategic Partnership to Advance Power Testing
- Jan -30 - Teradyne, Inc. (TER) Q4 2024 Earnings Call Transcript
- Jan -30 - Teradyne Q4 Earnings Beat Estimates: Will Raised View Aid Shares?
- Jan -30 - Teradyne Stock Slips After Earnings. Here's Why.
- Jan -30 - Teradyne (TER) Q4 Earnings and Revenues Beat Estimates
- Jan -29 - Teradyne forecasts downbeat first-quarter revenue on weak demand
- Jan -29 - Teradyne Reports Fourth Quarter 2024 Results
- Jan -28 - What's in Store for These 4 Electronic Stocks This Earnings Season?
- Jan -27 - Teradyne Declares Quarterly Cash Dividend
- Jan -27 - Teradyne to Report Q4 Earnings: What's in Store for the Stock?
- Jan -23 - Can Teradyne's Partnership With Analog Devices Push the Stock Higher?
- Jan -22 - Teradyne Robotics and Analog Devices Enter Strategic Partnership to Accelerate the Adoption of AI and Advanced Robotics-Driven Collaborative Automation in Manufacturing
- Jan -16 - Teradyne to Announce Fourth Quarter and Full Year 2024 Results
- Jan -16 - Teradyne Stock The Next Big AI Play?
- Jan -15 - Teradyne (TER) Rises But Trails Market: What Investors Should Know
- Jan -15 - Here's Why Teradyne is a Must-Buy Stock for Growth Oriented Investors
- Jan -08 - Teradyne (TER) Stock Slides as Market Rises: Facts to Know Before You Trade
- Jan -06 - Why Citi is bullish on the chip sector
- Dec -27 - Teradyne Stock Plunges 12% in the Past 6 Months: Buy the Dip or Wait?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Semiconductor Test
Expected Growth : 10 %
What the company do ?
Teradyne's Semiconductor Test provides automated testing solutions for semiconductor manufacturers, ensuring high-quality and reliable chip production.
Why we expect these perspectives ?
Teradyne's Semiconductor Test segment growth is driven by increasing demand for 5G and IoT devices, rising complexity in chip design, and growing need for autonomous test and inspection. Additionally, the company's strategic acquisitions and investments in emerging technologies such as artificial intelligence and machine learning are contributing to its 10% growth.
Segment n°2 -> Robotics
Expected Growth : 11 %
What the company do ?
Robotics from Teradyne, Inc. refers to the company's automation solutions, including collaborative robots, autonomous mobile robots, and sensing and machine vision systems.
Why we expect these perspectives ?
Teradyne's Robotics segment growth is driven by increasing demand for industrial automation, e-commerce fulfillment, and warehouse logistics. The company's collaborative robots (cobots) and autonomous mobile robots (AMRs) are well-positioned to capitalize on these trends, with growth also fueled by strategic acquisitions and expanding into new markets.
Segment n°3 -> Systems Test
Expected Growth : 9 %
What the company do ?
The Systems Test from Teradyne, Inc. is a comprehensive testing solution for electronics manufacturers, providing automated testing and inspection of printed circuit boards and semiconductor devices.
Why we expect these perspectives ?
Teradyne's Systems Test segment growth is driven by increasing demand for 5G and Wi-Fi 6 test solutions, expansion in the industrial automation market, and growing adoption of collaborative robots. Additionally, the company's strategic acquisitions and investments in emerging technologies such as artificial intelligence and IoT are contributing to its growth.
Segment n°4 -> Wireless Test
Expected Growth : 13 %
What the company do ?
The Wireless Test from Teradyne, Inc. is a comprehensive testing solution for wireless devices, ensuring conformance to industry standards and carrier requirements.
Why we expect these perspectives ?
Teradyne's Wireless Test segment growth is driven by increasing demand for 5G network deployment, rising adoption of IoT devices, and growing need for wireless device testing and validation. Additionally, the segment benefits from the company's strong relationships with leading wireless communication companies and its ability to provide comprehensive testing solutions.
Teradyne, Inc. Products
| Product Range | What is it ? |
|---|---|
| Industrial Automation | Teradyne's Industrial Automation segment designs and manufactures collaborative robots, autonomous mobile robots, and sensing and power solutions for industrial automation. |
| Test & Industrial Automation | Teradyne's Test & Industrial Automation segment provides automated test and industrial automation solutions for the electronics industry. |
| System Test | Teradyne's System Test segment provides test and automation solutions for the defense and aerospace industries. |
| Collaborative Robots (Cobots) | Teradyne's Collaborative Robots segment designs and manufactures collaborative robots that work alongside humans in industrial settings. |
| Autonomous Mobile Robots (AMRs) | Teradyne's Autonomous Mobile Robots segment designs and manufactures autonomous mobile robots for warehouse and logistics automation. |
| Sensing and Power Solutions | Teradyne's Sensing and Power Solutions segment provides sensing and power solutions for industrial automation and robotics. |
Teradyne, Inc.'s Porter Forces
Threat Of Substitutes
Teradyne's products are specialized and customized, making it difficult for substitutes to emerge. However, the company's reliance on a few large customers increases the threat of substitutes.
Bargaining Power Of Customers
Teradyne's customers are large and have significant bargaining power, which can lead to price pressure and demands for customized products.
Bargaining Power Of Suppliers
Teradyne has a diverse supplier base, and the company's scale and reputation give it bargaining power over its suppliers.
Threat Of New Entrants
The industrial automation industry has high barriers to entry, including significant capital requirements and the need for specialized expertise, making it difficult for new entrants to compete with Teradyne.
Intensity Of Rivalry
The industrial automation industry is competitive, but Teradyne's strong brand and product offerings help the company maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 3.17% |
| Debt Cost | 5.40% |
| Equity Weight | 96.83% |
| Equity Cost | 11.41% |
| WACC | 11.22% |
| Leverage | 3.27% |
Teradyne, Inc. : Quality Control
Teradyne, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ENTG | Entegris, Inc. develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions in North America, Taiwan, China, South Korea, Japan, Europe, and Southeast Asia. It operates … |
| FORM | FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. It operates in two segments, … |
| LSCC | Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product … |
| RMBS | Rambus Inc. provides semiconductor products in the United States, Taiwan, South Korea, Japan, Europe, Canada, Singapore, China, and internationally. The company offers DDR memory interface chips, including DDR5, DDR4 and … |
| ACLS | Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company offers … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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