TERTeradyne

$372.08

Is the price fair?

What TER's price assumes

Teradyne trades at 51.1× earnings against 51.5× for the median Semiconductor Equipment & Materials name, cheaper than its own group.

51.1

Trailing P/E · Semiconductor Equipment & Materials median 51.5 · cheaper than the typical name in its group

Price / sales
12.3

Price / sales · as of 2026-Q1

Free cash flow yield
1.2%

Free cash flow yield · Semiconductor Equipment & Materials median 1.2%

Growth the price implies
+25%

Growth the price implies · The price pays for +25% free cash flow growth a year for a decade; the business has delivered +20% a year over the last three.

Details
Price / book2026-Q1
14.8
Technology median P/E365 names
36.5
Semiconductor Equipment & Materials median P/E23 names
51.5
Free cash flow, trailing twelve months
$800M
Market capitalisation
$68.6B
3-year revenue growth
+16%
3-year free cash flow growth
+20%
TER has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 54.6× today against a 25.3× median
52-week range$109.02 – $457.00
Today$372.08

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.