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Teradyne Inc (TER)

Semiconductors and Semiconductor Equipment
Tecnología
growth
cíclico

Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa. It operates through Semiconductor Test, Robotics, and Other segments. The Semiconductor Test segment offers products and services for wafer level and device package testing, and system level testing of semiconductor devices 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, including microcontrollers; 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 Robotics segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and industrial customers. It also provides semiconductor test systems and instruments, defense/aerospace test instrumentation and systems, storage and system level test systems, wireless test systems and robotics products, and circuit-board test and inspection systems; production board test; and wireless test solutions for silicon validation, wireless module manufacturing, and wireless end device manufacturing under the LitePoint brand. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.

Precio Actual

$396.88
-5.06% vs día anterior

Capitalización

62B

Desviación

+141.11%

Crec. Y/Y

18.7%

Margen EBIT

30.9%

ROIC

25%

PEG Ratio

0.81

ROE

26.2%

Crec. EPS 3A

36.9%

Yield Div.

0.12%

Net Debt / EBITDA

-0.4x
Esta empresa tiene una posición de caja neta (más efectivo que deuda).

Último Análisis

02/2026
Fecha en la que se realizó la última valoración profunda de esta acción.

Proyecciones CAGR

Proyecciones de tasa de crecimiento anual compuesta basadas en diferentes modelos de valoración. CAGR EV/FCF es la métrica principal.

CAGR EV/FCF
2.1%
CAGR EV/FCF 2026:
-58.5%
CAGR Prom.:
1.1%
CAGR P/E:
0.5%
CAGR EV/EBITDA: 0.6%
CAGR EV/EBIT: 1.0%
Precio de compra para +15%:
$213.13

Múltiplos de Valoración

Múltiplos de valoración utilizados para las estimaciones de CAGR y precios objetivo.

PER
30x
(Fair P/E: 82x)
EV/FCF
35x
CAGR EV/EBITDA
22x
CAGR EV/EBIT
25x

Gráfico de Evolución del Precio

Precios Objetivo FCF

Precios futuros estimados de la acción basados en proyecciones de flujo de caja libre.

Calculadora de Sensibilidad

Compara el CAGR de tu valoración con el que resultaría al aplicar diferentes múltiplos (LTM y Fair P/E).

Mercado LTM P/E
114x
Fair P/E
82x
CAGR EV/FCF
Tu Múltiplo: 35x
2.1%
29.3%
21.1%
CAGR P/E
Tu Múltiplo: 30x
0.5%
31.3%
22.9%
Tu CAGR
CAGR con LTM
CAGR con Fair P/E

Reverse DCF

Crec. Implícito del Mercado47.3%
Tu CAGR EV/FCF2.1%
47.3%2.1%
Sin Margen de Seguridad: -45.1pp

Rentabilidad mínima que exiges a tu inversión. Refleja el coste de oportunidad y el riesgo.

Múltiplo EV/FCF al que se valorará la empresa al final del periodo de proyección.

Notas

Rendimiento Histórico vs. Índices

Rendimiento anual (YTD) de la acción comparado con índices y materias primas de referencia.

Media vs. Bitcoin
-253.51%
Media vs. Gold
+29.80%
Media vs. Bono USA 7-10y
+41.45%
Media vs. Bono USA 1-3y
+40.55%
Media vs. Bono USA 20+y
+42.65%
Media vs. Dow Jones
+29.28%
Media vs. S&P 500
+26.70%
Media vs. NASDAQ 100
+20.56%
Media vs. MSCI World
+29.05%
Media vs. Russell 2000
+31.85%
Media vs. STOXX Europe 600
+35.48%
statistics.year
Rendimiento TER
Rendimiento Bitcoin
Rendimiento vs. Bitcoin
Rendimiento Gold
Rendimiento vs. Gold
Rendimiento Bono USA 7-10y
Rendimiento vs. Bono USA 7-10y
Rendimiento Bono USA 1-3y
Rendimiento vs. Bono USA 1-3y
Rendimiento Bono USA 20+y
Rendimiento vs. Bono USA 20+y
Rendimiento Dow Jones
Rendimiento vs. Dow Jones
Rendimiento S&P 500
Rendimiento vs. S&P 500
Rendimiento NASDAQ 100
Rendimiento vs. NASDAQ 100
Rendimiento MSCI World
Rendimiento vs. MSCI World
Rendimiento Russell 2000
Rendimiento vs. Russell 2000
Rendimiento STOXX Europe 600
Rendimiento vs. STOXX Europe 600
2026
YTD en Vivo
90.39%-10.01%+100.41%8.78%+81.61%-0.54%+90.93%-0.35%+90.74%-0.37%+90.76%1.75%+88.64%4.47%+85.92%6.89%+83.50%4.70%+85.70%11.11%+79.28%2.43%+87.96%
2025
52.94%110.77%-57.83%26.96%+25.98%-3.73%+56.67%0.05%+52.89%-11.17%+64.11%12.80%+40.13%24.01%+28.93%30.78%+22.16%17.88%+35.06%10.80%+42.14%5.50%+47.43%
2024
20.19%153.66%-133.47%11.76%+8.43%-0.15%+20.33%0.98%+19.20%-2.54%+22.73%13.74%+6.45%24.73%-4.54%44.52%-24.33%21.92%-1.74%15.78%+4.40%11.67%+8.51%
2023
26.29%-65.23%+91.51%0.78%+25.51%-15.93%+42.22%-5.00%+31.29%-31.00%+57.29%-9.40%+35.69%-19.95%+46.24%-33.89%+60.18%-19.70%+45.99%-22.50%+48.79%-13.29%+39.57%
2022
-47.41%60.33%-107.75%-6.24%-41.18%-4.15%-43.26%-0.98%-46.43%-5.94%-41.48%20.23%-67.64%28.79%-76.21%23.20%-70.62%21.22%-68.64%15.39%-62.80%21.66%-69.08%
2021
37.20%301.93%-264.72%23.90%+13.30%8.33%+28.87%2.02%+35.18%15.12%+22.08%6.02%+31.18%15.29%+21.91%41.75%-4.55%12.94%+24.26%18.48%+18.72%-4.64%+41.84%
2020
72.06%88.85%-16.80%17.78%+54.28%5.55%+66.50%1.20%+70.86%10.91%+61.15%21.91%+50.14%28.34%+43.72%34.60%+37.45%25.23%+46.83%23.05%+49.01%23.42%+48.64%
2019
114.84%-71.79%+186.63%-3.12%+117.96%-0.97%+115.81%-0.24%+115.08%-3.17%+118.01%-6.03%+120.87%-7.01%+121.85%-5.30%+120.14%-11.16%+126.00%-13.00%+127.84%-13.42%+128.26%
2018
-28.97%1,184.56%-1,213.53%11.93%-40.90%0.76%-29.74%-0.63%-28.34%6.03%-35.01%24.33%-53.30%18.42%-47.39%27.16%-56.13%19.45%-48.43%12.45%-41.42%7.16%-36.13%
2017
64.97%1,184.56%-1,119.59%11.93%+53.04%-1.15%+66.12%-0.02%+65.00%-1.91%+66.88%24.33%+40.64%18.42%+46.56%27.16%+37.82%19.45%+45.52%12.45%+52.52%7.16%+57.81%
common.average40.25%293.76%-253.51%10.45%+29.80%-1.20%+41.45%-0.30%+40.55%-2.40%+42.65%10.97%+29.28%13.55%+26.70%19.69%+20.56%11.19%+29.05%8.40%+31.85%4.77%+35.48%
Rendimiento anual de cada inversión. La línea discontinua marca el benchmark. 0% (punto de equilibrio).

Historial de Valoración

Registro de los cambios en los parámetros de valoración a lo largo del tiempo.

Fecha de Valoración
Crec. Y/Y
Margen EBIT
Deuda/Pat.
PER
EV/FCF
CAGR EV/EBITDA
CAGR EV/EBIT
Objetivo 2026
Objetivo 2027
Objetivo 2028
Objetivo 2029
Objetivo 2030
2/4/202618.7%30.9%-0.4x30x(82x)35x22x25x$164.60$229.90$314.95$367.44$428.68
11/4/202514.1%25.7%-1.2x30x(64x)35x22x25x$122.12$163.95$220.03$252.25$289.20
9/24/202513.3%24.3%-0.9x30x(35x)35x22x25x$113.54$146.17$190.09$220.62$256.05

Historial de Dividendos

Evolución de los dividendos por acción y métricas de crecimiento.

Yield Actual
12.09%
Crecimiento (5A)
800.6%
Años Consecutivos
0