A Look At Teledyne Technologies (TDY) Valuation After FLIR Tura Thermal Camera Launch
Teledyne Technologies (TDY) is back in focus after its Teledyne FLIR OEM unit launched Tura, an automotive grade thermal infrared camera built to ASIL-B and ISO 26262 safety standards for ADAS and autonomous vehicles.
See our latest analysis for Teledyne Technologies.
Teledyne’s Tura launch and recent board changes come as the stock trades at $518.77, with a 1-day share price return of 1.57%, a 90-day share price return decline of 11.86%, and a 1-year total shareholder return of 13.89%. This suggests that longer term momentum has held up better than recent trading.
If Tura has you thinking more broadly about vehicle technology and safety, it could be a good time to look at other auto manufacturers that are shaping how cars are built and equipped.
With shares at $518.77, trading below some estimates of intrinsic value and analyst targets, the key question is whether Teledyne’s exposure to ADAS, autonomous vehicles, and defense is still underappreciated or if markets are already pricing in future growth.
Most Popular Narrative: 16.1% Undervalued
With Teledyne Technologies closing at $518.77 against a narrative fair value of about $618.42, the current setup centers on how durable earnings and margins could justify that higher figure.
Expansion and integration of the FLIR acquisition is leading to higher-margin product offerings (notably in thermal imaging, sensors, and drones), generating significant cross-selling opportunities and driving segment-level margin improvements and elevated net earnings.
Curious what sits behind that premium view? The narrative leans heavily on steady revenue gains, rising profit margins, and a richer future earnings multiple. Want to see how those moving parts stack up over time? The full story connects those assumptions to a fair value close to $620.
Result: Fair Value of $618.42 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, this hinges on execution, and weaker cash generation or slower improvement in acquired businesses could pressure margins and challenge the higher earnings multiple that the narrative assumes.
Find out about the key risks to this Teledyne Technologies narrative.
Build Your Own Teledyne Technologies Narrative
If you are not fully on board with this view, or prefer to weigh the numbers yourself, you can build a custom thesis in just a few minutes: Do it your way.
A good starting point is our analysis highlighting 2 key rewards investors are optimistic about regarding Teledyne Technologies.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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