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ERIC vs. KEYS: Telefonaktiebolaget LM Ericsson vs. Keysight Stock Comparison

How do Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS) both fall under the Technology Hardware & Equipment industry group, but ERIC is classified in Communications Equipment while KEYS is classified in Electronic Equipment, Instruments & Components.

Keysight (KEYS) trades as ordinary local shares, while Telefonaktiebolaget LM Ericsson (ERIC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
Profile ItemERICKEYS
NameTelefonaktiebolaget LM Ericsson Sponsored ADRKeysight Technologies, Inc.
Country/RegionSwedenUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryCommunications EquipmentElectronic Equipment, Instruments & Components
GICS Sub-IndustryCommunications EquipmentElectronic Equipment & Instruments
Market Capitalization33.25 billion USD46.33 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateAugust 24, 1981October 20, 2014
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

ERIC
KEYS
GSPC
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
Total Return (1Y)11.58%59.88%
Total Return (3Y, Annualized)36.47%33.36%
Total Return (5Y, Annualized)2.71%9.24%

Risk Profile

Drawdown History

ERIC
KEYS
GSPC
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
Volatility (1Y, Annualized)36.32%47.95%
Beta (5Y)0.961.22
Max Drawdown (5Y)-62.81%-42.62%
Avg. Volume (3M)9.73M1.31M

Risk-Adjusted Performance

Risk-Return Positioning

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ERIC and KEYS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
Sharpe Ratio (1Y)0.201.16
Sortino Ratio (1Y)0.291.82

Profitability

ROE (TTM)

Keysight (KEYS) at 20.90% sits in the top ROE quartile, while Telefonaktiebolaget LM Ericsson (ERIC) at 18.09% is closer to the peer norm — stronger capital efficiency for KEYS.

ERIC

Technology Hardware & Equipment industry group

18.09%

Max
42.47%
Q3
19.13%
ERIC
18.09%
Median
11.00%
Q1
1.63%
Min
-20.62%

KEYS

Technology Hardware & Equipment industry group

20.90%

Max
42.47%
KEYS
20.90%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Keysight (KEYS) at 19.14% retains a top-quartile share of revenue as profit, ahead of Telefonaktiebolaget LM Ericsson (ERIC) at 8.36%, which keeps about the industry-typical share.

ERIC

Technology Hardware & Equipment industry group

8.36%

Max
27.60%
Q3
11.66%
ERIC
8.36%
Median
4.08%
Q1
0.00%
Min
-11.02%

KEYS

Technology Hardware & Equipment industry group

19.14%

Max
27.60%
KEYS
19.14%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Keysight (KEYS) at 25.68% carries a top-quartile operating margin, while Telefonaktiebolaget LM Ericsson (ERIC) at 0.00% operates in the bottom quartile.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
ERIC
0.00%
Min
-21.39%

KEYS

Technology Hardware & Equipment industry group

25.68%

Max
36.27%
KEYS
25.68%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
ROE (TTM)18.09%20.90%
ROA (TTM)7.07%7.23%
Net Margin (TTM)8.36%19.14%
Operating Margin (TTM)0.00%25.68%
Gross Margin (TTM)48.01%63.28%

Growth

Revenue Growth

Keysight (KEYS) at 7.95% is around its peer norm for revenue growth, while Telefonaktiebolaget LM Ericsson (ERIC) at -4.52% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Telefonaktiebolaget LM Ericsson (ERIC) at 85,000.00% clears its industry range for EPS growth, a much stronger earnings trajectory than Keysight (KEYS) at 39.32%, which is closer to a typical peer reading.

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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
Revenue Growth (YoY)-4.52%7.95%
Revenue Growth (3Y CAGR)-4.48%-0.28%
EPS Growth (YoY)85,000.00%39.32%
EPS Growth (3Y CAGR)14.83%-7.51%

Financial Strength

Current Ratio (MRQ)

Keysight (KEYS) at 2.02 keeps current ratio within its industry’s typical mid-range, while Telefonaktiebolaget LM Ericsson (ERIC) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ERIC.

ERIC

Technology Hardware & Equipment industry group

1.16

Max
5.34
Q3
3.02
Median
1.95
Q1
1.32
ERIC
1.16
Min
0.17

KEYS

Technology Hardware & Equipment industry group

2.02

Max
5.34
Q3
3.02
KEYS
2.02
Median
1.95
Q1
1.32
Min
0.17
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Telefonaktiebolaget LM Ericsson (ERIC) at 0.41 and Keysight (KEYS) at 0.42 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

ERIC

Technology Hardware & Equipment industry group

0.41

Max
1.76
Q3
0.78
ERIC
0.41
Median
0.24
Q1
0.04
Min
0.01

KEYS

Technology Hardware & Equipment industry group

0.42

Max
1.76
Q3
0.78
KEYS
0.42
Median
0.24
Q1
0.04
Min
0.01
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
Current Ratio (MRQ)1.162.02
Debt / Equity (MRQ)0.410.42
Net Debt / EBITDA--0.09

Dividends

Dividend Yield (TTM)

Neither Telefonaktiebolaget LM Ericsson (ERIC) nor Keysight (KEYS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ERIC

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
ERIC
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

KEYS

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
KEYS
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Keysight (KEYS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Telefonaktiebolaget LM Ericsson (ERIC) reports a payout of 51.66%, ranking against industry peers normally.

ERIC

Technology Hardware & Equipment industry group

51.66%

ERIC
51.66%
Max
32.27%
Q3
14.48%
Median
0.00%
Q1
0.00%
Min
0.00%

KEYS

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
KEYS
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)51.66%0.00%

Valuation

P/E Ratio (TTM)

Telefonaktiebolaget LM Ericsson (ERIC) at 16.55 sits in the cheaper P/E ratio quartile, while Keysight (KEYS) at 36.82 is closer to its industry’s usual earnings multiple — a discount for ERIC, though growth and earnings durability still matter.

ERIC

Technology Hardware & Equipment industry group

16.55

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
ERIC
16.55
Min
6.07

KEYS

Technology Hardware & Equipment industry group

36.82

Max
69.48
Q3
41.02
KEYS
36.82
Median
26.39
Q1
19.36
Min
6.07
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

A sales-based read is only available for Keysight (KEYS), whose P/S ratio of 7.04 ranks against industry peers; Telefonaktiebolaget LM Ericsson (ERIC) reports no figure this period.

ERIC

Technology Hardware & Equipment industry group

--

Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
ERIC
--

KEYS

Technology Hardware & Equipment industry group

7.04

Max
11.30
KEYS
7.04
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): ERIC does not report P/S ratio, so it has no value marker; KEYS is benchmarked against the Technology Hardware & Equipment industry group.

P/B Ratio (MRQ)

Telefonaktiebolaget LM Ericsson (ERIC) at 0.33 looks cheap against book in the lower P/B ratio quartile, while Keysight (KEYS) at 7.05 carries a premium in the upper quartile — a clear price-to-book gap.

ERIC

Technology Hardware & Equipment industry group

0.33

Max
10.75
Q3
5.52
Median
3.17
Q1
1.79
ERIC
0.33
Min
0.33

KEYS

Technology Hardware & Equipment industry group

7.05

Max
10.75
KEYS
7.05
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Telefonaktiebolaget LM Ericsson (ERIC) vs. Keysight (KEYS): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Telefonaktiebolaget LM Ericsson (ERIC) and Keysight (KEYS)
MetricERICKEYS
P/E Ratio (TTM)16.5536.82
P/S Ratio (TTM)--7.04
P/B Ratio (MRQ)0.337.05
Free Cash Flow Yield (TTM)86.49%4.03%