Stock Analysis
Keysight Technologies, Inc.KEYS
P/E 44.75×· 5Y range 18.90–70.44×· 76th percentile of history
Sector: Technology · Industry: Industrial Instruments For Measurement, Display, And Control
AnalystsStrong Buy19 analystsP/E 44.8× sits at the 76th percentile of its 5.086926762491444-year history.
Cash covers 86% of debt · Q1 2026.
PMP Verdict
High quality, but expensive
Strengths
- Financial Health95
- Quality85
Risks
- Valuation22
- Growth37
Excellent business. Weak entry price.
Market context
-3.2% today· Z 1.8σ
Bull Case
- ✓Altman Z 7.9 — safe-zone balance sheet
- ✓ROE 20.3% — efficient capital deployment
- ✓Interest coverage 11.1× — debt well covered
What's happening with KEYS
Profile
Strong financial health, earnings quality, moat and profitability; valuation and growth lag behind.
How is each axis scored?
- Valuation22/100 · Weak
- P/E vs own history (76th pct)5/25
- FCF yield (2.6%)5/25
- P/S (8.5x)12/25
- EV/EBIT (42.4x)0/25
- Growth37/100 · Weak
- Revenue CAGR (2.1%)6/25
- Net income CAGR (-1.3%)0/25
- EPS CAGR 5Y (0.7%)6/25
- Fwd implied growth (54.3%)25/25
- Profitability80/100 · Strong
- ROIC (16.1%)20/25
- ROE (20.3%)20/25
- Net margin (19.1%)20/25
- Operating margin (20.3%)20/25
- Financial Health95/100 · Strong
- Altman Z (7.90)25/25
- Current ratio (2.60)25/25
- Interest coverage (11.1x)25/25
- Net cash / debt (D/A 3%)20/25
- Quality85/100 · Strong
- Piotroski F (5/9)15/25
- Beneish M (-2.66)25/25
- FCF conversion (117%)25/25
- Margin stability (σ 6.7%)20/25
- Moat82/100 · Strong
- ROIC >12% years (7/10 yrs)20/25
- Median gross margin (61.0%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 3.2%)12/25
About Keysight Technologies, Inc.
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Show more
Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
Headquarters: SANTA ROSA, CA · Employees: 16,600 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
22EP/E (TTM)44.6xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 18.9x–70.4x · 76th pct
P/FCF39.6xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.6%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 2.1%–5.7% · 9th pct
P/S (TTM)8.54xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 3.8x–10.6x · 89th pct
EV/EBIT42.4xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 14.5x–66.6x · 86th pct
EV/Sales8.8xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E28.9xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio9.06xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.36A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
80AROIC16.1%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE20.3%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA10.8%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin19.1%A
Grade A: HighNet Income / Revenue
Operating Margin20.3%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin64.7%A
Grade A: PremiumGross Profit / Revenue
FCF Margin22.3%A
Grade A: HighFCF / Revenue
True FCF Margin19.1%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
37DRevenue CAGR2.1%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-1.3%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)0.7%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth54.3%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-9.0%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income17.0%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue3.3%C
Grade C: MedTTM stock-based comp / TTM Revenue
Financial Health
95A+Altman Z-Score7.90A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.60xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio1.62xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage11.1xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment0.2yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.3xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.41xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.86xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
85APiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.66A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion116.6%A
Grade A: StrongFCF / Net Income
Margin Stability6.7%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue2.1%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.57xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Dhanasekaran Satish Filed | Dhanasekaran Satish | SellOpen market sale | -3000 | |
POOLE LISA M. Filed | POOLE LISA M. | SellOpen market sale | -200 | |
Dougherty Neil Filed | Dougherty Neil | SellOpen market sale | -2000 | |
Estrada Ingrid A Filed | Estrada Ingrid A | SellOpen market sale | -2000 | |
Reese Scott Filed | Reese Scott | Grant / award | +435 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
NYE JEAN MCCLUNG Filed | NYE JEAN MCCLUNG | SellOpen market sale | -3000 | |
Estrada Ingrid A Filed | Estrada Ingrid A | SellOpen market sale | -2000 | |
POOLE LISA M. Filed | POOLE LISA M. | Tax withholding | -32 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
82AROIC >12% Years7/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)61.0%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor3.2%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$7.40
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$15.30
Cash & short-term investments per share (Finnhub)
Book Value / Share$38.58
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.53B
Total debt obligations (short + long term)
Cash & Equiv.$2.18B
Cash and short-term investments
Net Debt$356.00M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$6.21B
Shareholders' equity (book value)
Asset / Liability2.18xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$56.19B
Current Market Capitalization
Beta1.18B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Keysight Technologies, Inc. (KEYS)
KEYS is down 3.18% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Keysight Technologies, Inc.. Altman Z-Score of 7.90 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.66 suggests a low likelihood of earnings manipulation.
- Keysight Technologies, Inc. converts about 22% of revenue into free cash flow — strong cash generation.
- Takes ~0.2 years to repay net debt from free cash flow.
- At a valuation score of 22/100, KEYS trades at a premium to its historical multiples (P/E 44.6).
- Return on equity of 20.3% is well above the market average.
See how KEYS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all KEYS moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 342.00 | -4.37% | -2.83 |
| Oct 15 | After-hours | 342.08 | -4.35% | -2.81 |
| Oct 14 | Pre-market | 358.53 | -3.16% | -2.53 |
| Oct 14 | Regular | 359.67 | -2.85% | -2.33 |
| Oct 14 | After-hours | 355.00 | -4.11% | -3.17 |
Frequently Asked Questions about KEYS
What is the current Keysight Technologies, Inc. (KEYS) stock price?
KEYS is trading at $331.21 at the last market close, down 3.18% on the session. PreMarketPrice tracks KEYS pre-market, intraday and after-hours prices.
Is KEYS stock a buy right now?
PreMarketPrice's quantitative model rates Keysight Technologies, Inc.'s financial health at 95/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is KEYS stock overvalued?
Keysight Technologies, Inc. trades at a trailing P/E of 44.6 and our valuation score rates it 22/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Keysight Technologies, Inc. report earnings?
No confirmed earnings date is currently scheduled for KEYS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Keysight Technologies, Inc. operate in?
Keysight Technologies, Inc. operates in the Technology sector, within the Industrial Instruments For Measurement, Display, And Control industry. The Related Stocks section lists sector peers for comparison.
What does Keysight Technologies, Inc. do?
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications.
About Keysight Technologies, Inc. (KEYS) Stock
Keysight Technologies, Inc. (KEYS) is a US-listed stock operating in the Technology sector, specifically the Industrial Instruments For Measurement, Display, And Control industry. As of the latest update, Keysight Technologies, Inc. is trading at $331.21, down 3.18% on the day with a market capitalization of $56.2 billion. The financial health score for KEYS is 95/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for KEYS stock.
KEYS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Keysight Technologies, Inc. (KEYS) across multiple dimensions:
- Pre-market price & movement: Real-time KEYS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for KEYS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Keysight Technologies, Inc. across multiple reporting periods.
- Financial health score: A composite score of 95/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for KEYS.
- Sector peers: Compare KEYS against 6 other technology stocks on key financial metrics.
Is KEYS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Keysight Technologies, Inc. (KEYS) as an investment. The financial health score of 95/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Keysight Technologies, Inc. (KEYS) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.