- Teledyne Technologies is a well-diversified industrial conglomerate with operations in the commercial imaging market, aerospace, analytics, and electronic test market among others.
- The company has the ability to sign long-term agreements, which will offer stable and recurrent revenue. With this in mind, the company appears to be a diamond for DCF modelers.
- In the past, the company proved that management pursues operational excellence and cost reductions. I would expect the same behavior in the near future.
- I would expect 2031 instrumentation sales of $2.4 billion, digital imaging sales of $2.6 billion, and aerospace and defense electronics of $2.4 billion. Finally, engineered systems would report sales of $1.2 billion.
- The net present value would stand at $23.15 billion. The IRR would be equal to 11%-5%, and the implied price would stay around $811 and $541.
For further details see:
Teledyne Technologies: Stable Free Cash Flow And Cheap