MKS Inc. (MKSI) vs Teledyne Technologies Incorporated (TDY)

MKS Inc. and Teledyne Technologies Incorporated are both Scientific & Technical Instruments companies. Teledyne Technologies Incorporated is the larger, with a market value of $28.7B against $15.5B — 1.9× the size. Teledyne Technologies Incorporated trades at the lower P/E: 29.9× against 32.9×. MKS Inc. grew revenue faster over the last twelve months: 16.3% against 7.87%. Teledyne Technologies Incorporated has the higher net margin (15.3% vs 10.1%) and the lower return on invested capital (6.15% vs 6.74%). Across the 22 metrics below, Teledyne Technologies Incorporated leads on 14 and MKS Inc. on 8.

Valuation

Metric MKSI TDY Scientific & Technical Instruments median
P/E 32.90 29.87 33.25
P/S 3.34 4.49 4.50
P/B 4.86 2.62 2.90
Price to free cash flow 31.71 25.08 24.81
EV/EBITDA 17.07 19.17 17.92
EV/Sales 4.11 4.76 4.71
Earnings yield 3.04% 3.35% 0.60%
Free cash flow yield 3.15% 3.99% 1.27%

Profitability

Metric MKSI TDY Scientific & Technical Instruments median
Gross margin 46.96% 43.34% 45.75%
Operating margin 15.69% 19.45% 7.34%
Net margin 10.12% 15.29% 1.56%
Free cash flow margin 10.53% 17.92% 5.84%
Return on equity 15.88% 9.16% 2.87%
Return on assets 4.95% 6.41% 0.99%
Return on invested capital 6.74% 6.15% 3.88%

Growth

Metric MKSI TDY Scientific & Technical Instruments median
Revenue growth (TTM) 16.26% 7.87% 11.15%
EPS growth (last fiscal year) 55.52% 9.70% 11.47%
Revenue growth, 5-year CAGR 11.03% 14.66% 7.89%
Net income growth, 5-year CAGR (3.36%) 17.36% 0.00%

Health

Metric MKSI TDY Scientific & Technical Instruments median
Debt to equity 1.32 0.19 0.00
Current ratio 1.14 2.18 2.24
Net debt to EBITDA 3.93 1.43 0.44

Dividend

Metric MKSI TDY Scientific & Technical Instruments median
Dividend yield 0.45% — 0.58%
Payout ratio 0.15 — 0.36

Size

Metric MKSI TDY Scientific & Technical Instruments median
Market cap 15.45b 28.74b 444.25m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack