Teradyne, Inc.
TER
Market Cap$12.2B
Close$
Earnings Call Q4 2024
January 30, 2025 - AI Summary
Solid 2024 Performance: Teradyne reported a 5% revenue growth for 2024, reaching $2.82 billion, with a notable 17% growth in Semiconductor Test revenue (SOC and Memory) driven primarily by AI Compute demand. Free cash flow exceeded $470 million and EPS grew by 10% year-over-year to $3.22, reflecting a strong operational performance.
2025 Outlook and Expectations: For Q1 2025, Teradyne expects revenue between $660 million and $700 million, with non-GAAP EPS ranging from $0.58 to $0.68. The company anticipates a gradual recovery in SOC and Memory markets, projecting SOC TAM growth of approximately 7% year-over-year, with a modest recovery expected in Mobile, Automotive, and Industrial segments in the second half of 2025.
Challenges in Robotics Segment: The Robotics business continues to face headwinds with weak industrial spending, leading to disappointing revenues. Teradyne plans to restructure this segment, integrating sales and marketing efforts between its UR and MiR products to improve efficiency and customer experience.
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$37.83
50.8% downside
Current Fair Value
50.8% downsideOvervalued by 50.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $12.20 Billion |
|---|---|
| Enterprise Value | $92.65 Billion |
| Dividend Yield | $0.48 (0.632577754348972%) |
| Earnings per Share | $3.41 |
| Beta | 1.65 |
| Outstanding Shares | 161,501,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 21.24 |
|---|---|
| PEG | 39.29 |
| Price to Sales | 0.02 |
| Price to Book Ratio | 4.52 |
| Enterprise Value to Revenue | 0.12 |
| Enterprise Value to EBIT | 0.6 |
| Enterprise Value to Net Income | 0 |
| Total Debt to Enterprise | 0.87 |
| Debt to Equity | 21.84 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Teradyne, Inc.
5,400 employees
CEO: Mark Jagiela Teradyne brings high-quality innovations such as smart devices, life-saving medical equipment and data storage systems to market, faster. Its advanced test solutions for semiconductors, electronic systems, wireless devices and more ensur...