Compare Stocks › KEYS vs LLY
Keysight Technologies, Inc. (KEYS) vs Eli Lilly and Company (LLY)
KEYS
Keysight Technologies, Inc.
$352.41
VS
LLY
Eli Lilly and Company
$963.33
Rewards
KEYS
- ★Gross margin of 61.9% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Free cash flow has grown at a 10.1% CAGR over the past 4 years, demonstrating strong earnings power growth.
- ★PEG ratio of 0.91 suggests the stock is undervalued relative to its growth rate — paying less than 1x for each unit of earnings growth.
LLY
- ★Eli Lilly and Company has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
- ★Gross margin of 82.8% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Eli Lilly and Company scores 73/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
Risks
KEYS
- ⚠ROIC has declined by 9.1 percentage points over the observed period, which may signal competitive erosion.
- ⚠FCF yield of 1.8% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
- ⚠Trailing P/E of 62.2x is 76% above the historical average of 35.3x — the stock trades at a premium to its own history.
LLY
- ⚠FCF yield of 1.1% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
Key Valuation Metrics
Learn more →KEYS
LLY
Valuation
$1.08B
Free Cash Flow
$9.16B
1.78%
FCF Yield
1.06%
62.15
Trailing P/E
34.25
34.10
Forward P/E
22.06
Quality & Moat
8.15%
ROIC
37.80%
13.63%
ROE
66.16%
61.86%
Gross Margin
82.83%
0.91
PEG Ratio
0.20
Balance Sheet Safety
0.45
Debt / Equity
1.39
N/A
Interest Coverage
N/A
0.46
Net Debt / EBITDA
1.05
N/A
Dividend Yield
0.65%
KEYS: 3Ties: 1LLY: 7
KEYSLLY
Historical Fundamentals
Learn more →KEYS
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
LLY
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →KEYS
$1.69
created per $1 retained over 3 years
Value Creator
Σ Retained
$2.52B
Δ Market Cap
+$4.26B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
LLY
$27.49
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$22.34B
Δ Market Cap
+$614.01B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →KEYS
109.2% Overvalued
Price is 109.2% above estimated fair value
Current Price: $352.41
Strongly undervalued
Fairly valued
Strongly overvalued
Fair Value: $168.43
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
LLY
15.9% Margin of Safety
Price is 15.9% below estimated fair value
Current Price: $963.33
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $1145.81
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →KEYS
What growth rate is the market pricing in at $352?
+25.2%
Market-Implied Owner Earnings Growth
Standard FCF implies +21.9%
The market implies +25.2% Owner Earnings growth, above historical trends.
Standard FCF implies a demanding +21.9%, reflecting heavy growth investment.
LLY
What growth rate is the market pricing in at $963?
+18.3%
Market-Implied Owner Earnings Growth
Standard FCF implies +29.7%
The market implies +18.3% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding +29.7%, reflecting heavy growth investment expected to generate future returns.
Economic Moat Score
Learn more →KEYS
62/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving roic consistency would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
LLY
73/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None
Wide moat driven primarily by roic consistency. Reinvestment Efficiency is the area most vulnerable to competitive pressure.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
Forensic Accounting
Learn more →KEYS
-2.57
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
LLY
-1.83
Possible Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →KEYS
Insiders 0.6%Institutions 93.5%Retail & Other 5.9%
No. of Institutional Holders1,441
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
LLY
Insiders 0.2%Institutions 85.0%Retail & Other 14.8%
No. of Institutional Holders5,509
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →KEYS
0
Buys (3M)
1
Buys (12M)
Total value (12M): $44,520
STEPHENS KEVIN A
Director
$44,520
@ $159.00 · 2025-05-29
STEPHENS KEVIN A
Director
$65,941
@ $143.35 · 2024-05-28
Open market purchases · includes direct & indirect ownership · excludes option exercises
LLY
0
Buys (3M)
8
Buys (12M)
Total value (12M): $4.54M
MONTARCE LUCAS E
Chief Financial Officer
$494,627
@ $691.79 · 2025-08-15
VAN NAARDEN JACOB S.
Officer
$647,360
@ $647.36 · 2025-08-13
ALVAREZ RALPH
Director
$500,473
@ $660.25 · 2025-08-13
SKOVRONSKY DANIEL
Officer
$634,405
@ $634.40 · 2025-08-12
SULZBERGER GABRIELLE
Director
$75,018
@ $641.18 · 2025-08-12
FYRWALD J. ERIK
Director
$1.01M
@ $642.33 · 2025-08-12
RICKS DAVID A
Chief Executive Officer
$1.05M
@ $644.77 · 2025-08-12
JACKSON JAMERE
Director
$127,913
@ $639.57 · 2025-08-08
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →KEYS
8
Sells (3M)
25
Sells (12M)
Total value (12M): $33.11M
HAMADA RICHARD P
Director
$239,929
@ $275.78 · 2026-03-30
DOUGHERTY NEIL
Chief Financial Officer
$596,740
@ $298.37 · 2026-03-24
DHANASEKARAN SATISH
Chief Executive Officer
$500,100
@ $300.00 · 2026-03-24
LI JEFFREY K
Officer
$594,380
@ $297.19 · 2026-03-24
DHANASEKARAN SATISH
Chief Executive Officer
$483,430
@ $290.00 · 2026-03-19
NERSESIAN RONALD S
Director
$8.58M
@ $285.96 · 2026-03-17
JUSKIE JOANN ANN
Officer
$304,423
@ $304.42 · 2026-02-27
ESTRADA INGRID A
Officer
$475,360
@ $237.68 · 2026-02-20
YOON SUNG
Officer
$183,678
@ $206.84 · 2025-12-30
DOUGHERTY NEIL
Chief Financial Officer
$203,719
@ $203.72 · 2025-12-22
PAGE JOHN
Officer
$3.20M
@ $213.48 · 2025-12-10
DHANASEKARAN SATISH
Chief Executive Officer
$894,349
@ $211.43 · 2025-12-09
LI JEFFREY K
Officer
$790,105
@ $200.84 · 2025-12-03
PAGE JOHN
Officer
$623,634
@ $196.42 · 2025-12-01
DHANASEKARAN SATISH
Chief Executive Officer
$2.46M
@ $196.42 · 2025-12-01
ESTRADA INGRID A
Officer
$948,119
@ $196.42 · 2025-12-01
NARAYANAN KAILASH
Officer
$628,740
@ $196.42 · 2025-12-01
NERSESIAN RONALD S
Director
$5.91M
@ $196.88 · 2025-11-28
ESTRADA INGRID A
Officer
$347,960
@ $173.98 · 2025-09-17
POOLE LISA M
Officer
$24,646
@ $173.56 · 2025-09-17
DOUGHERTY NEIL
Chief Financial Officer
$2.01M
@ $164.60 · 2025-06-30
ESTRADA INGRID A
Officer
$1.59M
@ $158.97 · 2025-06-20
PAGE JOHN
Officer
$1.16M
@ $157.78 · 2025-05-30
DHANASEKARAN SATISH
Chief Executive Officer
$103,819
@ $157.78 · 2025-05-30
HAMADA RICHARD P
Director
$257,418
@ $162.00 · 2025-05-22
DOUGHERTY NEIL
Chief Financial Officer
$562,960
@ $155.00 · 2025-03-27
WALLACE MARK ADAM
Officer
$970,770
@ $161.79 · 2024-12-30
LI JEFFREY K
Officer
$758,511
@ $171.92 · 2024-12-04
NERSESIAN RONALD S
Director
$7.14M
@ $170.41 · 2024-12-03
GOOI SOON CHAI
Officer
$3.12M
@ $171.34 · 2024-12-03
PAGE JOHN
Officer
$658,959
@ $169.66 · 2024-12-02
DHANASEKARAN SATISH
Chief Executive Officer
$3.02M
@ $169.66 · 2024-12-02
GOOI SOON CHAI
Officer
$1.48M
@ $169.66 · 2024-12-02
NARAYANAN KAILASH
Officer
$101,924
@ $171.30 · 2024-11-27
POOLE LISA M
Officer
$60,126
@ $171.79 · 2024-11-25
HAMADA RICHARD P
Director
$254,592
@ $156.00 · 2024-08-22
POOLE LISA M
Officer
$60,038
@ $136.45 · 2024-06-17
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
LLY
0
Sells (3M)
41
Sells (12M)
Total value (12M): $3.84B
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$322.38M
@ $1103.48 · 2026-01-07
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$1.51M
@ $1085.01 · 2026-01-05
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$3.90M
@ $1085.04 · 2025-12-29
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$2.85M
@ $1085.17 · 2025-12-24
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$260,409
@ $1085.04 · 2025-12-23
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$161.08M
@ $1095.35 · 2025-11-25
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$17.34M
@ $1109.30 · 2025-11-25
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$152.06M
@ $1068.52 · 2025-11-24
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$111.50M
@ $1058.66 · 2025-11-21
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$39.07M
@ $1051.66 · 2025-11-20
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$176.10M
@ $1051.17 · 2025-11-19
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$62.31M
@ $1034.78 · 2025-11-18
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$10.19M
@ $1030.68 · 2025-11-17
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$183.33M
@ $1028.25 · 2025-11-14
ZAKROWSKI DONALD A
Officer
$1.01M
@ $1010.50 · 2025-11-13
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$48.02M
@ $1030.26 · 2025-11-13
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$308.41M
@ $1011.18 · 2025-11-12
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$279.35M
@ $986.64 · 2025-11-11
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$16.41M
@ $972.52 · 2025-11-10
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$167.09M
@ $933.26 · 2025-11-05
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$38.47M
@ $951.56 · 2025-11-05
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$479,038
@ $910.72 · 2025-11-04
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$266.65M
@ $888.83 · 2025-11-03
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$260.17M
@ $863.35 · 2025-10-31
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$3.16M
@ $863.24 · 2025-10-10
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$9.04M
@ $852.49 · 2025-10-09
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$86.23M
@ $850.27 · 2025-10-08
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$22.72M
@ $848.01 · 2025-10-07
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$137.04M
@ $850.22 · 2025-10-06
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$161.22M
@ $837.93 · 2025-10-03
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$92.50M
@ $821.55 · 2025-10-02
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$107.36M
@ $794.15 · 2025-10-01
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$177.29M
@ $821.47 · 2025-10-01
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$86.79M
@ $763.39 · 2025-09-30
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$18.06M
@ $763.09 · 2025-09-19
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$81.53M
@ $764.65 · 2025-09-18
ZAKROWSKI DONALD A
Officer
$734,930
@ $734.93 · 2025-08-28
YUFFA ILYA
Officer
$783,762
@ $627.01 · 2025-08-11
LILLY ENDOWMENT, INC.
Beneficial Owner of more than 10% of a Class of Security
$225.42M
@ $805.07 · 2025-07-24
ZAKROWSKI DONALD A
Officer
$716,410
@ $716.41 · 2025-05-27
YUFFA ILYA
Officer
$936,550
@ $749.24 · 2025-05-14
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →KEYS
😏Greed(69/100)
"Market is optimistic — be cautious and ensure you have a margin of safety"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
LLY
😐Neutral(55/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →KEYS
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Greed (69)
LLY
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (55)