Overview Dividends

(TER) Teradyne - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8807701029

Semiconductor Testers, Collaborative Robots, Mobile Robots, Wireless Testers

Semiconductor Materials & Equipment
Market Cap in USD: 33,017m

IPO / Inception: 1987-03-11
Return 12m vs S&P 500: 33.9%

EPS (Earnings per Share)

EPS CAGR: -11.95%
EPS Trend: -52.2%

Last SUE: 1.22
Qual. Beats: 1

Revenue

Rev. CAGR: -3.67%
Rev. Trend: -43.2%

Last SUE: 1.86
Qual. Beats: 1

Dividends

Dividend Yield	0.22%
Yield on Cost 5y	0.36%
Yield CAGR 5y	4.66%
Payout Consistency	98.1%
Payout Ratio	15.4%

Risk via 5d forecast
Volatility	47.1%
Value at Risk 5%th	69.4%
Relative Tail Risk	-10.35%

Reward TTM
Sharpe Ratio	0.98
Alpha	26.99
CAGR/Max DD	0.55

Character TTM
Hurst Exponent	0.419
Beta	1.849
Beta Downside	2.147

Drawdowns 3y
Max DD	58.18%
Mean DD	18.59%
Median DD	15.47%

Description: TER Teradyne December 17, 2025

Teradyne (NASDAQ: TER) designs, builds, and sells automated test equipment and robotics solutions worldwide, operating through three segments: Semiconductor Test, Robotics, and Other.

The Semiconductor Test segment supplies wafer-level, package, and system-level testing platforms-including the FLEX, J750, Magnum, and ETS systems-to integrated device manufacturers, fabless designers, foundries, and test subcontractors, covering high-growth end-markets such as automotive electronics, AI-enabled chips, and 5G smartphones.

The Robotics segment offers collaborative arms, autonomous mobile robots, and advanced control software for manufacturing and logistics, while also marketing test and inspection instruments under the LitePoint brand for wireless and semiconductor validation.

Key recent metrics: FY 2023 revenue reached $3.5 billion, with the Semiconductor Test business contributing roughly 70 % of sales; operating margin held at ≈ 15 %; and the Robotics segment grew ≈ 12 % YoY, driven by rising demand for flexible automation in e-commerce fulfillment centers.

Sector drivers that materially affect Teradyne include the global semiconductor capital-expenditure cycle (average 6-7 % YoY growth in 2024), accelerating automotive electrification (projected 20 % CAGR in power-train chips), and tightening labor markets that push manufacturers toward automation.

For a deeper quantitative dive, you might explore ValueRay’s analyst toolkit.

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income (443.1m TTM) > 0 and > 6% of Revenue (6% = 171.6m TTM)

FCFTA 0.12 (>2.0%) and ΔFCFTA -0.50pp (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 (-203.9m) to EBITDA (644.2m) ratio: -0.32 <= 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 104.5 (EBITDA TTM 644.2m / 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

(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) 61.67

1. Piotroski 8.0pt

2. FCF Yield 1.39%

3. FCF Margin 15.98%

4. Debt/Equity 0.03

5. Debt/Ebitda -0.32

6. ROIC - WACC (= 2.81)%

7. RoE 15.86%

8. Rev. Trend -43.16%

9. EPS Trend -52.23%

What is the price of TER shares?

As of January 09, 2026, the stock is trading at USD 216.31 with a total of 3,141,173 shares traded.
Over the past week, the price has changed by +4.22%, over one month by +6.56%, over three months by +49.71% and over the past year by +58.40%.

Is TER a buy, sell or hold?

Teradyne has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy TER.

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	201.9	-6.7%
Analysts Target Price	201.9	-6.7%
ValueRay Target Price	230.7	6.7%

TER Fundamental Data Overview January 05, 2026

P/E Trailing = 75.7518
P/E Forward = 39.2157
P/S = 11.5462
P/B = 11.9626
P/EG = 1.7522
Beta = 1.848
Revenue TTM = 2.86b USD
EBIT TTM = 521.3m USD
EBITDA TTM = 644.2m USD
Long Term Debt = 68.8m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 19.0m USD (from shortTermDebt, last quarter)
Debt = 68.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -203.9m USD (from netDebt column, last quarter)
Enterprise Value = 32.79b USD (33.02b + Debt 68.8m - CCE 297.7m)
Interest Coverage Ratio = 104.5 (Ebit TTM 521.3m / Interest Expense TTM 4.99m)
FCF Yield = 1.39% (FCF TTM 456.8m / Enterprise Value 32.79b)
FCF Margin = 15.98% (FCF TTM 456.8m / 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 = 8.27 (Enterprise Value 32.79b / Total Assets 3.96b)
Interest Expense / Debt = 4.07% (Interest Expense 2.80m / Debt 68.8m)
Taxrate = 16.34% (23.3m / 142.9m)
NOPAT = 436.1m (EBIT 521.3m * (1 - 16.34%))
Current Ratio = 1.76 (Total Current Assets 1.75b / Total Current Liabilities 995.0m)
Debt / Equity = 0.03 (Debt 68.8m / totalStockholderEquity, last quarter 2.72b)
Debt / EBITDA = -0.32 (Net Debt -203.9m / EBITDA 644.2m)
Debt / FCF = -0.45 (Net Debt -203.9m / FCF TTM 456.8m)
Total Stockholder Equity = 2.79b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.46% (Net Income 443.1m / Total Assets 3.96b)
RoE = 15.86% (Net Income TTM 443.1m / Total Stockholder Equity 2.79b)
RoCE = 18.22% (EBIT 521.3m / Capital Employed (Equity 2.79b + L.T.Debt 68.8m))
RoIC = 15.62% (NOPAT 436.1m / Invested Capital 2.79b)
WACC = 12.81% (E(33.02b)/V(33.09b) * Re(12.83%) + D(68.8m)/V(33.09b) * Rd(4.07%) * (1-Tc(0.16)))
Discount Rate = 12.83% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.93%
[DCF Debug] Terminal Value 63.23% ; FCFF base≈455.4m ; Y1≈464.2m ; Y5≈511.5m
Fair Price DCF = 30.98 (EV 4.65b - Net Debt -203.9m = Equity 4.85b / Shares 156.6m; r=12.81% [WACC]; 5y FCF grow 1.70% → 3.0% )
EPS Correlation: -52.23 | EPS CAGR: -11.95% | SUE: 1.22 | # QB: 1
Revenue Correlation: -43.16 | Revenue CAGR: -3.67% | SUE: 1.86 | # QB: 1
EPS next Quarter (2026-03-31): EPS=1.21 | Chg30d=+0.005 | Revisions Net=+2 | Analysts=16
EPS next Year (2026-12-31): EPS=5.13 | Chg30d=+0.031 | Revisions Net=+1 | Growth EPS=+45.9% | Growth Revenue=+23.0%

Additional Sources for TER Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle