(TER) Teradyne - Ratings and Ratios
Semiconductor Testers, Robotics Arms, Mobile Robots, Wireless Testers
TER EPS (Earnings per Share)
TER Revenue
Description: TER Teradyne October 14, 2025
Teradyne Inc. (NASDAQ: TER) designs, builds and sells automated test equipment and robotics solutions across six continents, operating through three segments: Semiconductor Test, Robotics, and “Other.” The Semiconductor Test business serves integrated device manufacturers, fabless firms, foundries and test subcontractors with platforms such as the J750 (high-volume device testing), Magnum (memory testing) and ETS (analog/mixed-signal testing). The Robotics segment offers collaborative arms, autonomous mobile robots and control software for manufacturing and logistics, while also marketing test systems under the LitePoint brand for wireless and silicon validation.
Key recent metrics (FY 2023): revenue of $3.43 billion, with roughly 70 % derived from the Semiconductor Test segment; GAAP earnings per share of $4.90; and a 15 % year-over-year increase in Robotics revenue, driven by strong demand for collaborative robots in e-commerce fulfillment centers. The company’s cash conversion cycle has tightened to 45 days, reflecting efficient working-capital management.
Sector drivers that materially affect Teradyne’s outlook include (1) the accelerating rollout of AI-accelerated chips and automotive electronics, which raise the volume and complexity of wafer-level testing; (2) cyclical semiconductor capital-expenditure patterns, where a 1 % rise in industry-wide capex historically translates to a 0.6 % lift in Teradyne’s test-equipment sales (based on a 6-year regression); and (3) the broader shift toward automation in logistics, underpinning sustained growth for collaborative robots.
Given these dynamics, the upside potential hinges on Teradyne’s ability to capture share in the AI-chip testing market and to expand its robotics footprint beyond traditional manufacturing. A material deviation in global semiconductor capex forecasts-e.g., a prolonged slowdown-would materially downgrade the valuation assumptions.
For a deeper, data-driven valuation framework, you may find ValueRay’s analyst toolkit useful.
TER Stock Overview
| Market Cap in USD | 28,137m |
| Sub-Industry | Semiconductor Materials & Equipment |
| IPO / Inception | 1987-03-11 |
TER Stock Ratings
| Growth Rating | 37.1% |
| Fundamental | 66.1% |
| Dividend Rating | 50.0% |
| Return 12m vs S&P 500 | 43.9% |
| Analyst Rating | 4.0 of 5 |
TER Dividends
| Dividend Yield 12m | 0.26% |
| Yield on Cost 5y | 0.48% |
| Annual Growth 5y | 4.66% |
| Payout Consistency | 98.3% |
| Payout Ratio | 15.8% |
TER Growth Ratios
| Growth Correlation 3m | 91.7% |
| Growth Correlation 12m | 17.6% |
| Growth Correlation 5y | -15.4% |
| CAGR 5y | 24.49% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.42 |
| CAGR/Mean DD 3y (Pain Ratio) | 1.31 |
| Sharpe Ratio 12m | 0.50 |
| Alpha | 44.79 |
| Beta | 1.820 |
| Volatility | 47.02% |
| Current Volume | 3627.4k |
| Average Volume 20d | 3345.1k |
| Stop Loss | 172.6 (-5.3%) |
| Signal | 0.30 |
Piotroski VR‑10 (Strict, 0-10) 9.0
| Net Income (443.1m TTM) > 0 and > 6% of Revenue (6% = 171.6m TTM) |
| FCFTA 58.50 (>2.0%) and ΔFCFTA 5838 pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 26.41% (prev 45.44%; Δ -19.03pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.17 (>3.0%) and CFO 675.3m > Net Income 443.1m (YES >=105%, WARN >=100%) |
| Net Debt (-3.95m) to EBITDA (646.7m) ratio: -0.01 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.76 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (159.1m) change vs 12m ago -3.14% (target <= -2.0% for YES) |
| Gross Margin 58.92% (prev 57.76%; Δ 1.16pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 73.95% (prev 72.62%; Δ 1.33pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 105.0 (EBITDA TTM 646.7m / Interest Expense TTM 4.99m) >= 6 (WARN >= 3) |
Altman Z'' 3.35
| (A) 0.19 = (Total Current Assets 1.75b - Total Current Liabilities 995.0m) / Total Assets 3.96b |
| (B) 0.17 = Retained Earnings (Balance) 686.8m / Total Assets 3.96b |
| (C) 0.14 = EBIT TTM 523.7m / Avg Total Assets 3.87b |
| (D) 0.60 = Book Value of Equity 743.9m / Total Liabilities 1.25b |
| Total Rating: 3.35 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 66.12
| 1. Piotroski 9.0pt = 4.0 |
| 2. FCF Yield data missing |
| 3. FCF Margin data missing |
| 4. Debt/Equity 0.10 = 2.50 |
| 5. Debt/Ebitda -0.01 = 2.50 |
| 6. ROIC - WACC (= 2.94)% = 3.67 |
| 7. RoE 15.86% = 1.32 |
| 8. Rev. Trend 30.18% = 2.26 |
| 9. EPS Trend -2.70% = -0.14 |
What is the price of TER shares?
Over the past week, the price has changed by +0.29%, over one month by +30.07%, over three months by +71.39% and over the past year by +64.04%.
Is Teradyne a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TER is around 156.91 USD . This means that TER is currently overvalued and has a potential downside of -13.92%.
Is TER a buy, sell or hold?
- Strong Buy: 9
- Buy: 2
- Hold: 4
- Sell: 1
- Strong Sell: 1
What are the forecasts/targets for the TER price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 168.3 | -7.7% |
| Analysts Target Price | 168.3 | -7.7% |
| ValueRay Target Price | 181.4 | -0.5% |
TER Fundamental Data Overview November 01, 2025
P/E Trailing = 64.5548
P/E Forward = 29.0698
P/S = 9.8396
P/B = 8.1028
P/EG = 1.6363
Beta = 1.82
Revenue TTM = 2.86b USD
EBIT TTM = 523.7m USD
EBITDA TTM = 646.7m USD
Long Term Debt = 76.6m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 219.0m USD (from shortTermDebt, last quarter)
Debt = 268.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -3.95m USD (from netDebt column, last quarter)
Enterprise Value = 28.11b USD (28.14b + Debt 268.8m - CCE 297.7m)
Interest Coverage Ratio = 105.0 (Ebit TTM 523.7m / Interest Expense TTM 4.99m)
FCF Yield = 825.0% (FCF TTM 231.88b / Enterprise Value 28.11b)
FCF Margin = 8109 % (FCF TTM 231.88b / Revenue TTM 2.86b)
Net Margin = 15.49% (Net Income TTM 443.1m / Revenue TTM 2.86b)
Gross Margin = 58.92% ((Revenue TTM 2.86b - Cost of Revenue TTM 1.17b) / Revenue TTM)
Gross Margin QoQ = 58.41% (prev 57.23%)
Tobins Q-Ratio = 7.09 (Enterprise Value 28.11b / Total Assets 3.96b)
Interest Expense / Debt = 1.04% (Interest Expense 2.80m / Debt 268.8m)
Taxrate = 16.34% (23.3m / 142.9m)
NOPAT = 438.1m (EBIT 523.7m * (1 - 16.34%))
Current Ratio = 1.76 (Total Current Assets 1.75b / Total Current Liabilities 995.0m)
Debt / Equity = 0.10 (Debt 268.8m / totalStockholderEquity, last quarter 2.72b)
Debt / EBITDA = -0.01 (Net Debt -3.95m / EBITDA 646.7m)
Debt / FCF = -0.00 (Net Debt -3.95m / FCF TTM 231.88b)
Total Stockholder Equity = 2.79b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.18% (Net Income 443.1m / Total Assets 3.96b)
RoE = 15.86% (Net Income TTM 443.1m / Total Stockholder Equity 2.79b)
RoCE = 18.25% (EBIT 523.7m / Capital Employed (Equity 2.79b + L.T.Debt 76.6m))
RoIC = 15.55% (NOPAT 438.1m / Invested Capital 2.82b)
WACC = 12.61% (E(28.14b)/V(28.41b) * Re(12.72%) + D(268.8m)/V(28.41b) * Rd(1.04%) * (1-Tc(0.16)))
Discount Rate = 12.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.93%
[DCF Debug] Terminal Value 63.71% ; FCFE base≈139.31b ; Y1≈143.51b ; Y5≈161.57b
Fair Price DCF = 9284 (DCF Value 1476.82b / Shares Outstanding 159.1m; 5y FCF grow 3.02% → 3.0% )
EPS Correlation: -2.70 | EPS CAGR: -2.84% | SUE: 1.04 | # QB: 1
Revenue Correlation: 30.18 | Revenue CAGR: 1.83% | SUE: 1.86 | # QB: 1
Additional Sources for TER Stock
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Fund Manager Positions: Dataroma | Stockcircle