Financials Keysight Technologies, Inc.

Equities

KEYS

US49338L1035

Electronic Equipment & Parts

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
148.6 USD +0.76% Intraday chart for Keysight Technologies, Inc. +2.36% -6.63%

Valuation

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 18,928 19,625 33,159 31,137 21,673 25,930 - -
Enterprise Value (EV) 1 19,118 19,658 32,828 30,826 23,031 24,858 24,121 23,643
P/E ratio 31 x 31.7 x 37.7 x 28.2 x 14.7 x 29.7 x 22.3 x 17.6 x
Yield - - - - - - - -
Capitalization / Revenue 4.39 x 4.65 x 6.71 x 5.74 x 3.97 x 5.2 x 4.83 x 4.38 x
EV / Revenue 4.43 x 4.66 x 6.64 x 5.69 x 4.22 x 4.99 x 4.49 x 3.99 x
EV / EBITDA 17.1 x 17.1 x 21.7 x 17.7 x 12.7 x 17 x 14.8 x 12.4 x
EV / FCF 21.8 x 21.9 x 28.5 x 32.1 x 19 x 21.3 x 19.9 x 16.6 x
FCF Yield 4.59% 4.57% 3.5% 3.11% 5.26% 4.69% 5.02% 6.02%
Price to Book 6.3 x 5.89 x 8.65 x 7.14 x 4.58 x 5.24 x 4.79 x 4.3 x
Nbr of stocks (in thousands) 187,578 187,139 184,196 178,796 177,575 174,556 - -
Reference price 2 100.9 104.9 180.0 174.2 122.0 148.6 148.6 148.6
Announcement Date 11/26/19 11/18/20 11/22/21 11/17/22 11/20/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,312 4,221 4,941 5,420 5,464 4,987 5,367 5,924
EBITDA 1 1,117 1,152 1,510 1,743 1,812 1,461 1,634 1,901
EBIT 1 1,021 1,048 1,393 1,626 1,692 1,338 1,522 1,964
Operating Margin 23.68% 24.83% 28.19% 30% 30.97% 26.82% 28.36% 33.16%
Earnings before Tax (EBT) 1 715 761 1,010 1,285 1,357 1,161 1,440 1,787
Net income 1 621 627 894 1,124 1,057 881.4 1,158 1,418
Net margin 14.4% 14.85% 18.09% 20.74% 19.34% 17.68% 21.58% 23.94%
EPS 2 3.250 3.310 4.780 6.180 8.330 5.004 6.648 8.447
Free Cash Flow 1 878 899 1,150 959 1,212 1,167 1,212 1,424
FCF margin 20.36% 21.3% 23.27% 17.69% 22.18% 23.4% 22.58% 24.04%
FCF Conversion (EBITDA) 78.6% 78.04% 76.16% 55.02% 66.89% 79.87% 74.14% 74.89%
FCF Conversion (Net income) 141.38% 143.38% 128.64% 85.32% 114.66% 132.39% 104.63% 100.42%
Dividend per Share 2 - - - - - - - -
Announcement Date 11/26/19 11/18/20 11/22/21 11/17/22 11/20/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Oktober 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,294 1,250 1,351 1,376 1,443 1,381 1,390 1,382 1,311 1,259 1,204 1,215 1,276 1,227 1,264
EBITDA 1 426 381 418 444 478 432 480 454 471 367 322.9 338.7 386.5 - -
EBIT 1 396 351 389 415 449 403 425 423 441 337 292.4 302.6 347.7 305.8 343.5
Operating Margin 30.6% 28.08% 28.79% 30.16% 31.12% 29.18% 30.58% 30.61% 33.64% 26.77% 24.28% 24.92% 27.25% 24.92% 27.18%
Earnings before Tax (EBT) 1 337 264 307 346 368 331 361 389 276 229 248.1 250 294.8 300.8 338.5
Net income 1 282 229 258 338 299 260 283 288 226 172 205.9 207.7 244.9 249.7 281
Net margin 21.79% 18.32% 19.1% 24.56% 20.72% 18.83% 20.36% 20.84% 17.24% 13.66% 17.09% 17.1% 19.19% 20.35% 22.23%
EPS 2 1.520 1.240 1.410 1.870 1.660 1.450 1.580 1.610 1.990 0.9800 1.129 1.201 1.481 1.460 1.660
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/22/21 2/17/22 5/17/22 8/17/22 11/17/22 2/21/23 5/16/23 8/17/23 11/20/23 2/20/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: Oktober 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 190 33 - - 1,358 - - -
Net Cash position 1 - - 331 311 - 1,073 1,809 2,288
Leverage (Debt/EBITDA) 0.1701 x 0.0286 x - - 0.7494 x - - -
Free Cash Flow 1 878 899 1,150 959 1,212 1,167 1,212 1,424
ROE (net income / shareholders' equity) 22.8% 29.2% 32.9% 34.9% 33.8% 22.5% 24% 24.9%
ROA (Net income/ Total Assets) 9.98% 9.06% 15.5% 14.2% 17.7% 9.95% 11.5% 12.6%
Assets 1 6,222 6,920 5,760 7,940 5,960 8,861 10,103 11,289
Book Value Per Share 2 16.00 17.80 20.80 24.40 26.70 28.40 31.00 34.60
Cash Flow per Share 2 5.230 5.380 7.070 6.360 7.870 7.010 8.240 9.540
Capex 1 120 117 174 185 196 152 178 201
Capex / Sales 2.78% 2.77% 3.52% 3.41% 3.59% 3.05% 3.32% 3.39%
Announcement Date 11/26/19 11/18/20 11/22/21 11/17/22 11/20/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
148.6 USD
Average target price
163.1 USD
Spread / Average Target
+9.81%
Consensus
  1. Stock Market
  2. Equities
  3. KEYS Stock
  4. Financials Keysight Technologies, Inc.