TER vs VIAV vs EMR Stock Comparison

Teradyne, Viavi Solutions and Emerson Electric Prices as of Oct 29, 2026 Peers: Industry group
TER Teradyne, Inc
$296.23 -26.5% 1M +70.3% 1Y
Market cap
$46.32B
P/E
54.2x
Revenue (TTM)
$5.00B
Div. yield
0.17%
Test and Measurement Technology
2 wins
VIAV Viavi Solutions Inc.
$33.32 -20.3% 1M +138.3% 1Y
Market cap
$8.23B
P/E
–
Revenue (TTM)
$1.52B
Div. yield
–
Test and Measurement Technology
4 wins
EMR Emerson Electric Co
$170.76 +8.6% 1M +25.2% 1Y
Market cap
$95.25B
P/E
37.0x
Revenue (TTM)
$18.64B
Div. yield
1.31%
Pumps and Valves Industrials
6 wins

Head to Head

12 decided of 12

Emerson Electric leads on 6 of the 12 questions below (Emerson Electric 6, Viavi Solutions 4, Teradyne 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTERVIAVEMRLeader
Larger companyMarket capitalisation $46.32B $8.23B $95.25B EMR
Cheaper on earningsLower P/E, profitable companies only 54.2x -251.5x 37.0x EMR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.7x 20.8x 25.3x VIAV
Faster revenue growthRevenue growth, trailing twelve months +74.9% +40.0% +4.8% TER
More profitableNet margin, trailing twelve months — -2.0% 13.8% EMR
Better return on capitalReturn on invested capital — 0.0% 10.9% EMR
Less leveragedLower net debt / EBITDA — -1.9x 1.8x VIAV
Higher dividend yieldTrailing dividend yield 0.17% — 1.31% EMR
Better 1-year returnPrice return, last 12 months +70.3% +138.3% +25.2% VIAV
Better 5-year returnAnnualised price return, 5 years +16.5%/yr +16.7%/yr +12.0%/yr VIAV
Less volatileAnnualised volatility, 1 year 76.7% 79.6% 31.8% EMR
Higher overall scoreMean of the five percentile scores vs peers 60/100 37/100 45/100 TER

Percentile Scorecard

TERVIAVEMR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTERVIAVEMR
Valuation 18 #92 of 112 25 #84 of 112 33 #136 of 203
Growth 95 #6 of 108 47 #58 of 108 41 #112 of 188
Profitability 87 #14 of 104 43 #60 of 104 87 #24 of 183
Financial Health 64 #42 of 116 46 #63 of 116 30 #152 of 216
Shareholder Returns 35 #51 of 78 22 #61 of 78 35 #99 of 152
Overall 60 37 45
  • TER ranked among 121 companies in Computer Hardware
  • VIAV ranked among 121 companies in Computer Hardware
  • EMR ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTERVIAVEMRSPY
1 month -26.5%-20.3%+8.6% +0.7%
3 months -18.9%-4.9%+14.9% +3.7%
6 months -13.8%-36.4%+21.6% +7.1%
Year to date +53.0%+87.0%+28.7% +12.8%
1 year +70.3%+138.3%+25.2% +11.9%
3 years +254.9%+344.3%+93.1% +85.2%
3 years, per year +52.6%+64.4%+24.5% +22.8%
5 years +114.3%+116.4%+76.0% +67.6%
5 years, per year +16.5%+16.7%+12.0% +10.9%
10 years +1,183.5%+368.6%+240.9% +262.0%
10 years, per year +29.1%+16.7%+13.1% +13.7%

Risk

MeasureTERVIAVEMRSPY
Volatility, 1Y 76.7%79.6%31.8% 12.7%
Downside volatility, 1Y 85.4%76.2%33.5% 12.6%
Beta vs S&P 500, 1Y 3.392.511.53 1.00
Return / volatility, 1Y 0.921.740.79 0.94
Max drawdown, 5Y -59.7%-62.8%-29.9% -25.4%
From 52-week high -38.8%-39.8%0.0% -1.2%
52-week high $483.84$55.33$170.76 $779.14
52-week low $155.90$13.98$123.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTERVIAVEMR
P/E now vs peer median 54.2xmedian 32.9x -251.5xmedian 32.9x 37.0xmedian 25.8x
P/S now vs peer median 9.3xmedian 2.9x 5.4xmedian 2.9x 5.1xmedian 1.9x
EV/EBITDA now vs peer median —median 20.0x 35.8xmedian 20.0x 17.2xmedian 14.6x
P/FCF now vs peer median 80.9xmedian 30.2x 99.4xmedian 30.2x 27.5xmedian 22.2x
P/B now vs peer median 12.6xmedian 2.9x 5.7xmedian 2.9x 4.7xmedian 2.2x
PEG now vs peer median —median 1.08 5.35median 1.08 -0.89median 1.45

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTERVIAVEMR
Revenue $5.00B $1.52B $18.64B
Gross profit $2.97B $875.40M $9.91B
Operating income $1.61B $105.10M $4.68B
Net income $1.38B -$30.40M $2.58B
Free cash flow – $82.80M $3.46B
R&D $598.20M $262.70M –
EPS (diluted) – $-0.13 $4.59
Cash & equivalents $460.74M $647.80M $2.18B
Total debt – $244.80M $13.11B
Shares (diluted) 157.69M 229.50M 561.10M
Enterprise value $46.37B $5.77B $88.00B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTERVIAVEMR
P/E 54.2x -251.5x 37.0x
P/FCF 80.9x 99.4x 27.5x
P/Operating cash flow 34.8x 72.3x 24.3x
P/S 9.3x 5.4x 5.1x
P/B 12.6x 5.7x 4.7x
P/Tangible book 12.9x 7.7x 8.1x
EV/EBITDA – 35.8x 17.2x
EV/EBIT – 74.5x 22.7x
EV/Revenue 9.3x 5.2x 5.7x
EV/FCF – 94.5x 30.7x
EV/Operating cash flow 34.8x 68.7x 27.1x
PEG (3Y EPS CAGR) – 5.35 -0.89

Growth

14 metrics
MetricTERVIAVEMR
Revenue growth (1Y) 74.9% 40.0% 4.8%
Revenue CAGR (3Y) 22.2% 11.1% 7.6%
Gross profit growth (1Y) 76.1% 40.9% 5.7%
Gross profit CAGR (3Y) 23.4% 11.1% 11.0%
Operating income growth (1Y) 214.6% 82.8% 9.2%
Operating income CAGR (3Y) 43.5% 8.4% 13.6%
Net income growth (1Y) 211.2% -187.4% -3.0%
Net income CAGR (3Y) 39.9% -47.2% -42.0%
EPS growth (1Y) – -185.9% -2.2%
EPS CAGR (3Y) – -47.0% -41.6%
Operating cash flow growth (1Y) 96.9% 26.8% 4.4%
Operating cash flow CAGR (3Y) 36.8% -0.1% 10.1%
Free cash flow growth (1Y) – 33.5% 4.4%
Free cash flow CAGR (3Y) – 9.5% 9.4%

Profitability

14 metrics
MetricTERVIAVEMR
Gross margin – 57.7% 53.2%
EBITDA margin – 14.4% 33.1%
Operating margin – 6.9% 25.1%
Pretax margin – 1.1% 17.6%
Net margin – -2.0% 13.8%
FCF margin – 5.5% 18.6%
Operating cash flow margin 26.6% 7.5% 21.0%
Return on equity 38.7% -2.7% 12.7%
Return on assets 26.7% -1.2% 6.1%
Return on invested capital – 0.0% 10.9%
Return on capital employed – 5.4% 14.9%
Asset turnover 1.0x 0.6x 0.4x
Cash conversion (OCF / net income) 1.0x -3.7x 1.5x
Stock comp / revenue 1.6% 3.6% 1.3%

Financial Health

11 metrics
MetricTERVIAVEMR
Debt / assets – 9.0% 31.1%
Debt / equity – 0.2x 0.6x
Net debt / EBITDA – -1.9x 1.8x
Debt / FCF – 3.0x 3.8x
Liabilities / assets 31.4% 46.5% 51.7%
Equity / assets 67.7% 53.5% 48.3%
Interest coverage – 2.2x –
Current ratio 2.1x 1.8x 0.9x
Quick ratio – 1.5x 0.5x
Cash ratio – 1.0x 0.2x
Altman Z-score – -31.19 4.77

Shareholder Returns

7 metrics
MetricTERVIAVEMR
Dividend yield 0.2% – 1.3%
Net buyback yield – -6.7% 1.0%
Shareholder yield 0.2% -6.7% 2.3%
Payout ratio (earnings) – – 47.8%
Payout ratio (FCF) – – 35.6%
Dividend growth (1Y) – – 3.1%
Dividend CAGR (3Y) – – 0.7%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTERVIAVEMR
Forward P/E 30.7xFY2026 20.8xFY2027 25.3xFY2026
EPS, next fiscal year $9.65FY2026 $1.60FY2027 $6.75FY2026
EPS growth, next FY +143.7%FY2026 +60.0%FY2027 +12.5%FY2026
EPS growth, the year after +25.7% +14.4% +15.3%
Revenue, next fiscal year $5.01BFY2026 $1.82BFY2027 $18.13BFY2026
Revenue growth, next FY +57.1%FY2026 +19.4%FY2027 +0.6%FY2026
Revenue growth, the year after +18.9% +21.3% +15.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTERVIAVEMR
Held by institutions 97.3% 97.1% 82.1%
Institutions holding 1,420 565 2,292
Change in shares held, QoQ +5.2% +4.6% +0.9%
Institutions buying 829 344 1,081
Institutions selling 456 181 799
Buyers to sellers 1.82 1.90 1.35

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TERVIAVEMR
TER 1.00 0.66 0.52
VIAV 0.66 1.00 0.33
EMR 0.52 0.33 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TER, VIAV and EMR?

Emerson Electric (EMR) is the largest by market capitalisation: Teradyne (TER) $46.32B, Viavi Solutions (VIAV) $8.23B, Emerson Electric (EMR) $95.25B.

Which stock is cheaper, TER, VIAV and EMR?

Emerson Electric (EMR) trades on the lowest price-to-earnings ratio (Teradyne (TER) 54.2x, Viavi Solutions (VIAV) -251.5x, Emerson Electric (EMR) 37.0x). On next year's consensus earnings, Viavi Solutions (VIAV) is cheapest (Teradyne (TER) 30.7x, Viavi Solutions (VIAV) 20.8x, Emerson Electric (EMR) 25.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Teradyne (TER) grew revenue fastest over the trailing twelve months: Teradyne (TER) +74.9%, Viavi Solutions (VIAV) +40.0%, Emerson Electric (EMR) +4.8%.

Which company is more profitable?

Emerson Electric (EMR) has the highest net margin (Viavi Solutions (VIAV) -2.0%, Emerson Electric (EMR) 13.8%). On return on invested capital, Emerson Electric (EMR) leads (Viavi Solutions (VIAV) 0.0%, Emerson Electric (EMR) 10.9%).

Which stock has performed better?

Over the past year Viavi Solutions (VIAV) returned the most: Teradyne (TER) +70.3%, Viavi Solutions (VIAV) +138.3%, Emerson Electric (EMR) +25.2%. Over five years, Viavi Solutions (VIAV) compounded fastest (Teradyne (TER) +16.5%/yr, Viavi Solutions (VIAV) +16.7%/yr, Emerson Electric (EMR) +12.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Emerson Electric (EMR) has the highest dividend yield: Teradyne (TER) 0.17%, Emerson Electric (EMR) 1.31%. Viavi Solutions (VIAV) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emerson Electric (EMR) has been the steadiest (Teradyne (TER) 76.7%, Viavi Solutions (VIAV) 79.6%, Emerson Electric (EMR) 31.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TER, VIAV and EMR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Emerson Electric (EMR) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.