Teradyne Inc. (TER) – TER exceeded 2022 earnings model two years early on the strength of test businesses

Industrial Automation (IA) sales in 2020 softened 6% from 2019 on global slowdown in industrial activity but returned to year on year quarterly growth in ‘Q4 and  Wireless test revenue grew 10% in ‘20 on increased connectivity and 5G cellular test demand.

Highlights 

Valuation

– Enterprise Value
– CrispIdea Forecast.
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership 

Stock Price Performance 

CrispIdea Coverage 

No of Pages : 35