Teradyne Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 20.65
Dividend & Yield0.44$ (0.49%)
Beta 1.5
Market capitalization 13.89B
Operating cash flow 725.8M
ESG Scores 15.9

Company description

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name. This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.

Sector: Technology - Industry: Semiconductor Equipment & Materials

Financial Ratios
Quick Ratio2.9
Working Capital0.57
Return On Equity0.4
Debt To Equity0.03
Fixed Asset Ratio0.03
Fixed Interest Cover67.12

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 27.07M 88.59M 113.14M 139.37M
Total Cashflows From Investing Activities 923.01M -156.66M -569.79M 120.36M
Net Borrowings -342.99M -342.99M -342.99M -342.99M
Total Cash From Financing Activities -903.42M -574.35M -158.29M -1.01B
Change To Operating Activities -62.74M -28.87M -69.8M -181.25M
Issuance Of Stock 20.97M 29.31M 28.53M 32.69M
Net Income 451.78M 467.47M 784.15M 1.01B
Change In Cash 496.91M -152.83M 140.2M 208.08M
Effect Of Exchange Rate 439k -569k -658k -2.06M
Total Cash From Operating Activities 476.88M 578.75M 868.93M 1.1B
Depreciation 113.22M 120.66M 126.74M 125.48M
Change To Account Receivables -17.94M -70.44M -129.45M -57.78M
Other Cashflows From Financing Activities -13.57M -27.61M -8.85M
Change To Netincome 75.41M 42.34M 27.42M 57.06M
Capital Expenditures -114.38M -134.64M -184.98M -132.47M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 301.5M 322.82M 374.96M 427.61M
Income Before Tax 467.8M 525.77M 901.01M 1.16B
Net Income 451.78M 467.47M 784.15M 1.01B
Selling General Administrative 387.94M 446.35M 476.01M 546.61M
Gross Profit 1.22B 1.34B 1.79B 2.21B
Ebit 490.52M 529.74M 902.19M 1.2B
Operating Income 490.52M 529.74M 902.19M 1.2B
Interest Expense -21.78M -22.22M -24.18M -17.82M
Income Tax Expense 16.02M 58.3M 116.87M 146.37M
Total Revenue 2.1B 2.29B 3.12B 3.7B
Cost Of Revenue 880.41M 955.14M 1.34B 1.5B
Total Other Income ExpenseNet -22.72M -3.97M -1.18M -35.18M
Net Income From Continuing Ops 451.78M 467.47M 784.15M 1.01B
Net Income Applicable To Common Shares 451.78M 467.47M 784.15M 1.01B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.18B 1.31B 1.45B 1.25B
Total Stockholder Equity 1.52B 1.48B 2.21B 2.56B
Other Current Liabilities 156.67M 167.18M 232.02M 259.55M
Total Assets 2.71B 2.79B 3.65B 3.81B
Common Stock 21.94M 20.8M 20.77M 20.28M
Other Current Assets 140.03M 155.82M 221.63M 374.02M
Retained Earnings -158.19M -241.92M 387.41M 736.57M
Treasury Stock -13.04M -18.85M 33.52M -5.95M
Cash 926.75M 773.92M 914.12M 1.12B
Total Current Liabilities 476.29M 539.03M 700.87M 805.12M
Other Stockholder Equity -13.04M -18.85M 33.52M -5.95M
Property, Plant, and Equipment 279.82M 377.75M 449.37M 456.05M
Total Current Assets 1.73B 1.66B 2.42B 2.58B
Net Tangible Assets 1.02B 938.25M 1.65B 2.06B
Net Receivables 291.27M 362.37M 497.51M 550.75M
Accounts Payable 100.69M 126.62M 133.66M 153.13M


Insider Transactions

Here are the insider transactions of stock shares related to Teradyne Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MADDOCK ERNEST EStock Award(Grant) at price 0.00 per share.D2022-11-14Director1.2k
ROBBINS BRADFORD BSale at price 75.84 per share.D2022-09-30Officer3.14k
ROBBINS BRADFORD BConversion of Exercise of derivative security at price 19.43 per share.D2022-09-30Officer3.14k
TUFANO PAUL JStock Award(Grant) at price 0.00 per share.D2022-09-29Director534
HERWECK PETERStock Award(Grant) at price 0.00 per share.D2022-09-29Director291
JAGIELA MARK ESale at price 98.84 - 100.74 per share.D2022-07-29Chief Executive Officer37.86k
TUFANO PAUL JStock Award(Grant) at price 0.00 per share.D2022-06-30Director434
ROBBINS BRADFORD BSale at price 89.49 per share.D2022-06-30Officer3.15k
ROBBINS BRADFORD BConversion of Exercise of derivative security at price 19.43 per share.D2022-06-30Officer3.15k
HERWECK PETERStock Award(Grant) at price 0.00 per share.D2022-06-30Director238
GILLIS EDWIN JStock Award(Grant) at price 0.00 per share.D2022-05-13Director2.14k
GUERTIN TIMOTHY EStock Award(Grant) at price 0.00 per share.D2022-05-13Director2.14k
JOHNSON MERCEDESStock Award(Grant) at price 0.00 per share.D2022-05-13Director2.14k
TUFANO PAUL JStock Award(Grant) at price 0.00 per share.D2022-05-13Director2.14k
MATZ MARILYNStock Award(Grant) at price 0.00 per share.D2022-05-13Director2.14k
HERWECK PETERStock Award(Grant) at price 0.00 per share.D2022-05-13Director2.14k
TAMER FORDStock Award(Grant) at price 0.00 per share.D2022-05-13Director2.14k
TUFANO PAUL JStock Award(Grant) at price 0.00 per share.D2022-03-31Director306
HERWECK PETERStock Award(Grant) at price 0.00 per share.D2022-03-31Director169
MEHTA SANJAYSale at price 120.00 per share.D2022-02-02Chief Financial Officer420
GRAY CHARLES JEFFREYSale at price 118.34 per share.D2022-02-01General Counsel4.44k
GRAY CHARLES JEFFREYConversion of Exercise of derivative security at price 47.70 - 72.10 per share.D2022-02-01General Counsel2.58k
GRAY CHARLES JEFFREYSale at price 112.12 per share.D2022-01-31General Counsel16.6k
GRAY CHARLES JEFFREYConversion of Exercise of derivative security at price 36.75 per share.D2022-01-31General Counsel2k
JAGIELA MARK EStock Award(Grant) at price 0.00 per share.D2022-01-28Chief Executive Officer21.67k
BURNS RICHARD JOHNStock Award(Grant) at price 0.00 per share.D2022-01-28Officer3.35k
GRAY CHARLES JEFFREYStock Award(Grant) at price 0.00 per share.D2022-01-28General Counsel2.68k
VAHEY WALTER GStock Award(Grant) at price 0.00 per share.D2022-01-28Officer1.74k
ROBBINS BRADFORD BStock Award(Grant) at price 0.00 per share.D2022-01-28Officer1.77k
SMITH GREGORY STEPHENStock Award(Grant) at price 0.00 per share.D2022-01-28Officer4.01k
MEHTA SANJAYStock Award(Grant) at price 0.00 per share.D2022-01-28Chief Financial Officer6.69k
ROBBINS BRADFORD BSale at price 103.48 - 111.42 per share.D2022-01-27Officer3.15k
ROBBINS BRADFORD BConversion of Exercise of derivative security at price 19.43 per share.D2022-01-27Officer3.15k
SMITH GREGORY STEPHENSale at price 110.51 per share.D2022-01-27Officer14.15k
JAGIELA MARK EStock Award(Grant) at price 0.00 per share.D2022-01-26Chief Executive Officer70.16k
SMITH GREGORY STEPHENSale at price 143.56 per share.D2022-01-26Officer3.29k
SMITH GREGORY STEPHENConversion of Exercise of derivative security at price 47.70 per share.D2022-01-26Officer1.66k
JAGIELA MARK EStock Award(Grant) at price 0.00 per share.D2022-01-25Chief Executive Officer136.06k
GRAY CHARLES JEFFREYStock Award(Grant) at price 0.00 per share.D2022-01-25General Counsel22.31k
VAHEY WALTER GStock Award(Grant) at price 0.00 per share.D2022-01-25Officer15.46k
ROBBINS BRADFORD BStock Award(Grant) at price 0.00 per share.D2022-01-25Officer14.97k
SMITH GREGORY STEPHENSale at price 142.68 per share.D2022-01-25Officer2.73k
SMITH GREGORY STEPHENConversion of Exercise of derivative security at price 36.75 per share.D2022-01-25Officer2.07k
SMITH GREGORY STEPHENStock Award(Grant) at price 0.00 per share.D2022-01-25Officer23.13k
MEHTA SANJAYSale at price 140.54 - 142.68 per share.D2022-01-25Chief Financial Officer2.98k
MEHTA SANJAYStock Award(Grant) at price 0.00 per share.D2022-01-25Chief Financial Officer28.27k
MEHTA SANJAYConversion of Exercise of derivative security at price 72.10 per share.D2022-01-24Chief Financial Officer1.88k
MATZ MARILYNSale at price 164.86 per share.D2022-01-03Director4.35k
TUFANO PAUL JStock Award(Grant) at price 0.00 per share.D2021-12-23Director222
HERWECK PETERStock Award(Grant) at price 0.00 per share.D2021-12-23Director122
BRADLEY MICHAEL AStock Gift at price 0.00 per share.D2021-12-16Director2k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Teradyne Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Teradyne Inc

Here is the result of two systematic investment strategies applied to Teradyne Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Teradyne Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Teradyne Inc:

Teradyne Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 96.87% on the backtest period.

Performance at glance

Performance

96.87 %

Latent gain

2172.47 $

Invested capital

2242.74 $

Annualized return

23.4 %
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Momentum strategy results on Teradyne Inc

This is the result of two momentum investment strategies applied to Teradyne Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Teradyne Inc

The following chart shows all the entries opened by the momentum investment system on Teradyne Inc:

Teradyne Inc momentum entries
  • The first momentum investment strategy would give 106.43% of return on Teradyne Inc. That represents 5537.07$ of latent gain with 5202.63$ of employed capital.
  • The second momentum investment strategy would give 116.31% of return on Teradyne Inc. That represents 4299.04$ of latent gain with 3696.07$ of employed capital.
Performance at glance (1Q Momentum)

Performance

106.43 %

Latent gain

5537.07 $

Invested capital

5202.63 $

Annualized return

25.92 %
Performance at glance (2Q Momentum)

Performance

116.31 %

Latent gain

4299.04 $

Invested capital

3696.07 $

Annualized return

31.78 %

Momentum equity curve on Teradyne Inc

The following chart shows the equity curve of the two momentum strategies applied to Teradyne Inc:

Teradyne Inc momentum equity

Note: the dividends potentially given by Teradyne Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Teradyne Inc

The following chart shows the employed capital evolution of the two momentum strategies on Teradyne Inc since the beginning:

Teradyne Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Teradyne Inc

Buy the dip entry openings on Teradyne Inc

Teradyne Inc

The performance achieved by the robo-advisor on Teradyne Inc is 55.46%. That represents 255.42$ of latent gain with 460.56$ of employed capital. The following chart shows Teradyne Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Teradyne Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

55.46 %

Latent gain

255.42 $

Invested capital

460.56 $

Annualized return

25.92 %

Equity curve of the strategy applied to Teradyne Inc

The following chart shows the result of the investment strategy applied to Teradyne Inc:

Teradyne Inc

Note: the dividends potentially given by Teradyne Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Teradyne Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Teradyne Inc:

Teradyne Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Teradyne Inc

In this section, I will compare the three previous investment strategies applied to Teradyne Inc.

Equity curve comparison on Teradyne Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Teradyne Inc investment strategy comparison

Employed capital comparison on Teradyne Inc

Teradyne Inc investment comparison

Performance comparison on Teradyne Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 96.87% 2172.47$ 2242.74$ 23.4%
Momentum 1 quarter 106.43% 5537.07$ 5202.63$ 27.29%
Momentum 2 quarters 116.31% 4299.04$ 3696.07$ 31.78%
Non-directional 55.46% 255.42$ 460.56$ 25.92%
Annualized return comparison

Automatic investment

23.4 %

Momentum 1Q

31.78 %

Momentum 2Q

31.78 %

Non-directional

25.92 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Teradyne Inc:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Teradyne Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Teradyne Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Teradyne Inc
Country United States
City North Reading
Address 600 Riverpark Drive
Phone 978 370 2700
Website www.teradyne.com
FullTime employees 6500
Industry Semiconductor Equipment & Materials
Sector Technology
Exchange XNAS
Ticker TER
Market www.nasdaq.com

Teradyne Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 6.3
Peer Environment Performance 7.7518518518519
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 4.9
Peer Social Performance 5.9374074074074
Social Percentile unknown
Highest Controversy 0
Peer Highest Controversy Performance 1.1428571428571
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 4.6
Peer Governance Performance 6.3066666666667
Governance Percentile unknown

ESG at glance
Total ESG Scores: 15.9
Environment Score: 6.3
Social Score: 4.9
Governance Score: 4.6

ESG Performance: UNDER_PERF

Peer Group: Semiconductors

Peer Esg Score Performance: 20.402857142857

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 12