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Ralliant Corporation
🏹 Trader: ⭐ All Three 🚀 Stage 2 + Near High 📈 Stage 2 🎯 Near 52W High 📊 High Volume | BRS 88 Elite View all →
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$7.3B
Market Cap
P/E
2.00
PEG
8.1%
ROCE
-45.3%
ROE
0.75
D/E
12.5%
OPM
-8.6%
% from 52W High
85
α RS
🔍 RAL is showing a sector-leadership setup because Sector RRG has Technology in the Leading quadrant with the trail still rolling over, it matches 2 of 39 tracked screener presets, and RS Rating is 85. Net: Broad signal stack, not a recommendation. ? RRG Conviction RS Rating
Sources
Technology in Leading quadrant · Conviction 2/39 · RS Rating 85
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🌏 Global Investor Returns
Currency-adjusted total returns for RAL including FX impact
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📈 Price History
Ratio Health
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About

Ralliant Corporation engages in the design, development, manufacture, sale, and service of precision instruments and engineered products in the United States, China, and internationally. It operates through two segments, Test and Measurement; and Sensors and Safety Systems. The Test and Measurement segment provides precision test and measurement instruments, systems, software, and services markets under the TEKTRONIX, KEITHLEY INSTRUMENTS, SONIX, and EA ELECTRO-AUTOMATIK brand names. This segment offers a portfolio of industry solutions, including oscilloscopes, probes, source measuring units, semiconductor test systems, high-power bi-directional power supplies, and measurement analysis software packages. The Sensors and Safety Systems segment provides power grid monitoring solutions, safety systems for mission critical defense and space applications, and sensing solutions for critical environments, as well as sensing products encompassing liquid level, flow, and pressure sensors, motion sensors and components, and hygienic sensors. This segment markets its products under the QUALITROL, GEMS SENSORS, SETRA SYSTEMS, HENGSTLER DYNAPAR, ANDERSON-NEGELE, DOVER MOTION, SPECIALTY PRODUCT TECHNOLOGIES, and PACIFIC SCIENTIFIC ENERGETIC MATERIALS COMPANY. It serves semiconductor, diversified electronics, communications, utilities, defense and space, industrial manufacturing, and other industries. The company was formerly known as New Precision Technologies Company. Ralliant Corporation was incorporated in 2024 and is based in Raleigh, North Carolina.

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📈 Growth Pattern
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⭐ Superinvestors Holding RAL
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Manager Shares Value % of Fund Period
Andreas Halvorsen Viking Global Investors 2.13M $88.8M 0.25% Mar 2026
Steve Cohen Point72 Asset Management 2.08M $86.5M 0.11% Mar 2026
Jim Simons Renaissance Technologies LLC 371.1K $15.4M 0.02% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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🎙 Management Tone Confident Specific ↑ Improving 4 quarters Full tone analysis in Intelligence →
📊 MIXED Q1 revenue $535M (+11%), EBITDA margin 18.6%, defense backlog exceeds $1B.
Revenue & Profitability
Q1 2026 revenue: $535 million (11% reported, 9% organic growth). Adjusted EBITDA margin: 18.6% (270 bps normalized improvement). Adjusted EPS: $0.57 (39% normalized increase). Free cash flow: $10 million; trailing twelve-month conversion 105%. Segment margins: Sensors & Safety Systems 28.4%, Test & Measurement 11.9%. Book-to-bill above 1.1.
Outlook
Management sees robust secular demand from electrification and defense, with AI accelerating innovation cycles. The power grid is a strategic imperative due to rising AI workloads and global energy consumption. Defense modernization and replenishment are driving multi-year growth. However, macro and geopolitical uncertainty persist, particularly in Western Europe and rest of world. Full-year 2026 guidance raised: revenue $2.185-$2.245 billion, adjusted EBITDA margin 19.5%-20.5%, adjusted EPS $2.53-$2.69.
Growth Drivers
Defense & Space grew over 20% organically, with backlog now over $1 billion. Utilities posted record orders. Test & Measurement returned to growth with its highest book-to-bill since 2022, driven by communications (double-digit) and diversified electronics (double-digit, including robotics and energy storage). China grew 5% organically due to government AI and energy projects. Underlying semiconductor growth was double-digit excluding a large customer project.
Balance Sheet & CapEx
CapEx guidance raised to 2%-3% of revenue to support capacity expansion in defense and utilities. A precision sensor facility expansion in Upstate New York is planned for later in 2026. The Enterprise Productivity Program targets $50-$60 million run-rate savings by 2028, with $10-$12 million in-year savings in 2026. A $100 million accelerated share repurchase is planned in Q2.
Margins
Adjusted EBITDA margin was 18.6% in Q1, a 270 bps normalized improvement, driven by volume leverage and early productivity savings. Full-year 2026 guidance implies margin expansion to 19.5%-20.5% (vs. through-cycle target of low-to-mid 20% by 2028). Test & Measurement margin improved 700 bps normalized to 11.9%. The Enterprise Productivity Program is expected to add about 10 percentage points of incremental margin in 2026, with total incremental margins of 45%-50%.
Key Risks
Risks flagged include macroeconomic and geopolitical uncertainty (especially in Western Europe and rest of world), potential supply chain disruptions in the second half of 2026, tariff impacts estimated at about $25 million (offset through pricing and productivity), lumpiness in defense revenue and margins, and the lapping of a large semiconductor customer project that will weigh on Test & Measurement semi revenue for the next couple of quarters.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-30
Q2 2026 results exceeded guidance with 13% revenue growth and strong margin expansion, prompting a raised full-year outlook. Both segments delivered double-digit growth, free cash flow was robust, and capital returns to shareholders reached $161M in H1.
Q1 2026 Q1 2026 2026-05-12
Q1 2026 results exceeded expectations with 11% revenue growth and strong margins, prompting a full-year guidance raise. Defense backlog surpassed $1B, Test & Measurement momentum continued, and capital returns to shareholders increased, supported by productivity initiatives.
Q4 2025 Q4 2025 2026-02-05
Q4 2025 saw 1% revenue growth to $555M, strong free cash flow, and adjusted EPS of $0.69, with Sensors and Safety Systems leading segment growth. 2026 guidance calls for 2–6% revenue growth, 18–20% adjusted EBITDA margin, and continued investment in innovation and manufacturing.
Q3 2025 Q3 2025 2025-11-06
Q3 results exceeded guidance, with strong growth in utilities and defense, sequential improvement in test and measurement, and robust free cash flow. Outlook for Q4 is positive, with continued margin expansion and strategic investments in growth areas.
Q2 2025 Q2 2025 2025-08-12
Q2 2025 revenue declined 6% year-over-year but improved sequentially, with strong performance in Sensors and Safety Systems and stabilization in Test and Measurement. Cost savings and tariff mitigation efforts are underway, and Q3 guidance anticipates gradual improvement despite ongoing macro and tariff headwinds.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
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Information Sources:
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