Teledyne Technologies Inc (TDY) is undervalued and Trimble Inc (TRMB) is overvalued.
Against our estimates of intrinsic value, TDY trades at the wider discount: a margin of safety of +42%, against -75% for TRMB.
Values as of the 22 Sept 2026 close.
A 8.0x revenue multiple, adjusted for growth and margin, values the shares at $1063.77; the price of $612.74 is 42% below that value.
Leak Score 76/100 on 10 of 12 signals
Discounting its cash flows at 10.6% (average of 2 methods) values the shares at $33.92; the price of $59.30 is 75% above that value, and 70% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | TDY | TRMB |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $612.74 | $59.30 |
| Intrinsic value | $1063.77 | $33.92 |
| Margin of safety | +42% | -75% |
| Leak Score | 76/100 (10/12) | 0/100 (2/12) |
| Market cap | $28.4B | $13.8B |
| Revenue growth, 5 years | 14.8% | 2.6% |
| Operating margin | 19.4% | 18.7% |
| Net margin | 15.3% | -2.8% |
| Return on equity | 9.2% | -1.9% |
| Debt to equity | 0.19 | 0.29 |
| P/E | 29.6x | — |
| Forward P/E | 22.9x | 14.4x |
| P/B | 2.6x | 2.7x |