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TE Connectivity Ltd Stock Research

TEL

121.94USD+2.69(+2.26%)Delayedas of 26 May 2023, 11:48 am

Market Summary

USD121.94+2.69
Delayedas of 26 May 2023, 11:48 am
2.26%

TEL Alerts

TEL Stock Price

TEL RSI Chart

TEL Valuation

Market Cap

37.7B

Price/Earnings (Trailing)

17.67

Price/Sales (Trailing)

2.29

EV/EBITDA

11.37

Price/Free Cashflow

19.33

TEL Price/Sales (Trailing)

TEL Profitability

EBT Margin

15.59%

Return on Equity

19.88%

Return on Assets

10.58%

Free Cashflow Yield

5.17%

TEL Fundamentals

TEL Revenue

Revenue (TTM)

16.5B

Revenue Y/Y

3.82%

Revenue Q/Q

8.31%

TEL Earnings

Earnings (TTM)

2.1B

Earnings Y/Y

-22.68%

Earnings Q/Q

9.07%

Price Action

52 Week Range

104.29137.06
(Low)(High)

Last 7 days

-3.1%

Last 30 days

-4.0%

Last 90 days

-5.0%

Trailing 12 Months

-1.7%

TEL Financial Health

Current Ratio

1.66

TEL Investor Care

Buy Backs (1Y)

2.77%

Diluted EPS (TTM)

6.64

Peers (Alternatives to TE Connectivity)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
37.7B
16.5B
-3.97% -1.72%
17.67
2.29
6.26% -14.72%
28.0B
5.6B
10.66% 14.30%
24.21
5.04
10.78% 21.45%
26.5B
13.7B
-5.62% -5.69%
28.4
1.93
-5.42% -50.77%
23.0B
22.9B
3.35% 6.75%
21.05
1.01
4.42% 8.77%
14.9B
5.8B
-8.59% -19.53%
30.01
2.57
0.74% -49.88%
11.8B
35.1B
16.56% 52.76%
12.21
0.33
14.26% 19.33%
MID-CAP
8.5B
62.0B
3.57% -6.76%
12.39
0.14
47.11% 56.06%
7.9B
1.3B
-0.29% 9.34%
32.52
6.16
1.65% 12.47%
7.6B
36.8B
13.14% 8.28%
5.36
0.21
4.61% 5.41%
4.0B
26.4B
8.86% -4.21%
4.65
0.15
13.77% 62.44%
SMALL-CAP
718.7M
3.8B
5.82% -23.52%
7.9
0.19
11.18% -1.75%
148.4M
318.1M
9.58% 18.41%
13.27
0.51
9.27% 26.19%
4.8M
20.5M
4.80% -35.36%
24
0.23
12.52% 166.84%

Financials for TE Connectivity

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.9%16,45716,30416,28115,74015,488
Gross Profit-1.0%5,1485,2015,2445,1585,098
  S&GA Expenses1.2%1,6321,6131,5841,5561,529
EBITDA-5.4%3,3903,5843,5463,544-
EBITDA Margin-5.5%0.21*0.22*0.23*0.23*-
Earnings Before Taxes-6.7%2,3702,5412,7332,7082,705
EBT Margin-7.2%0.16*0.17*0.17*0.17*-
Interest Expenses2.7%77.0075.0066.0062.0058.00
Net Income-5.6%2,1322,2592,4282,5142,500
Net Income Margin-7.1%0.14*0.15*0.16*0.16*-
Free Cahsflow2.2%1,7381,7001,5061,644-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets0.6%21,49021,35320,78221,34821,451
  Current Assets1.7%7,4397,3187,2687,5837,417
    Cash Equivalents14.1%9057931,088820749
  Inventory-4.0%2,8112,9272,6763,0282,999
  Net PPE1.0%3,8183,7813,5673,7123,817
  Goodwill0.3%5,5275,5115,2585,3525,463
Liabilities4.8%10,3649,8859,88510,81110,902
  Current Liabilities-0.6%4,3934,4204,6325,0585,046
    LT Debt, Non Current15.2%3,9163,3983,2923,3803,441
Shareholder's Equity-3.0%11,02011,36410,80210,43410,442
  Retained Earnings-10.4%11,82413,20012,83212,08412,160
Shares Outstanding-0.3%316317322325-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations8.8%2,7382,5172,4682,2982,401
  Share Based Compensation2.5%122119119109105
Cashflow From Investing4.8%-899-944-878-1,108-1,097
Cashflow From Financing4.3%-1,678-1,753-1,684-1,773-2,297
  Dividend Payments2.0%714700685670655
  Buy Backs-16.1%1,1701,3951,4121,3991,280

Risks for TEL

What is the probability of a big loss on TEL?

63.9%


Probability that TE Connectivity stock will be more than 20% underwater in next one year

34.2%


Probability that TE Connectivity stock will be more than 30% underwater in next one year.

18.1%


Probability that TE Connectivity stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TEL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if TE Connectivity was unfortunately bought at previous high price.

Drawdowns

Returns for TEL

Cumulative Returns on TEL

12.4%


10-Year Cumulative Returns

12.5%


7-Year Cumulative Returns

6.6%


5-Year Cumulative Returns

17.6%


3-Year Cumulative Returns

What are the long-term rolling returns for TEL?

FIve years rolling returns for TE Connectivity.

Annualized Returns

Which funds bought or sold TEL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Brookfield Corp /ON/
added
55.27
6,347,320
14,549,800
0.06%
2023-05-23
Toroso Investments, LLC
reduced
-15.36
-40,000
1,186,000
0.02%
2023-05-22
Raleigh Capital Management Inc.
added
8.91
43,424
221,287
0.11%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
4,085,000
0.18%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-7.22
44,389,000
819,566,000
0.27%
2023-05-19
Coppell Advisory Solutions LLC
sold off
-100
-2,066
-
-%
2023-05-18
COURIER CAPITAL LLC
unchanged
-
52,075
417,713
0.05%
2023-05-18
JPMORGAN CHASE & CO
reduced
-50.93
-61,821,700
78,872,300
0.01%
2023-05-17
Sunbelt Securities, Inc.
new
-
7,490
7,490
-%
2023-05-17
VIRGINIA RETIREMENT SYSTEMS ET AL
new
-
14,086,000
14,086,000
0.15%

1–10 of 42

Latest Funds Activity

Are funds buying TEL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own TEL
No. of Funds

TE Connectivity News

openPR
Electric Vehicle Connectors Market: Government Initiatives and Impact on Market Growth.
openPR,
2 hours ago
The Navajo Post
The Navajo Post

Schedule 13G FIlings of TE Connectivity

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2023
capital world investors
11.1%
35,139,534
SC 13G/A
Feb 14, 2023
dodge & cox
5.1%
16,247,285
SC 13G/A
Feb 13, 2023
capital world investors
7.3%
23,002,452
SC 13G/A
Feb 09, 2023
vanguard group inc
8.85%
28,082,806
SC 13G/A
Feb 03, 2023
blackrock inc.
6.6%
21,051,293
SC 13G
Feb 14, 2022
dodge & cox
5.2%
17,125,955
SC 13G/A
Feb 11, 2022
capital world investors
6.4%
20,907,589
SC 13G/A
Feb 16, 2021
harris associates l p
4.0%
13,161,302
SC 13G/A
Feb 16, 2021
capital world investors
5.6%
18,398,480
SC 13G
Feb 11, 2021
dodge & cox
7.0%
23,312,540
SC 13G/A

TEL Fair Value

TE Connectivity fair value in different scenarios

The table shows the Fair Value estimates for TE Connectivity for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

75.63

-37.98%

94.71

-22.33%

144.85

18.79%

180.35

47.90%

210.09

72.29%
Current Inflation

70.54

-42.15%

87.10

-28.57%

129.56

6.25%

159.26

30.61%

184.08

50.96%
Very High Inflation

64.17

-47.38%

77.78

-36.21%

111.48

-8.58%

134.69

10.46%

154.04

26.32%

Historical TE Connectivity Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of TE Connectivity

View All Filings
Date Filed Form Type Document
May 09, 2023
4
Insider Trading
May 08, 2023
144
Notice of Insider Sale Intent
May 02, 2023
4
Insider Trading
May 02, 2023
4
Insider Trading
May 01, 2023
144
Notice of Insider Sale Intent
Apr 28, 2023
10-Q
Quarterly Report
Apr 26, 2023
8-K
Current Report
Apr 10, 2023
SC 13G/A
Major Ownership Report
Apr 03, 2023
3
Insider Trading
Mar 20, 2023
8-K
Current Report

Latest Insider Trading transactions for TEL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-08
Jenkins John S
sold
-3,061,160
122
-25,025
evp & general counsel
2023-05-08
Jenkins John S
acquired
1,918,420
76.66
25,025
evp & general counsel
2023-05-01
MITTS HEATH A
sold
-1,159,560
123
-9,418
evp & chief financial officer
2023-03-16
CLAMADIEU JEAN-PIERRE
acquired
-
-
911
-
2022-12-12
CURTIN TERRENCE R
sold
-3,827,800
121
-31,396
chief exec. officer & director
2022-12-08
Ott Robert J
sold (taxes)
-158,210
122
-1,295
sr vp & corporate controller
2022-12-08
Jenkins John S
sold (taxes)
-514,824
122
-4,214
evp & general counsel
2022-12-08
Stucki Aaron Kyle
sold (taxes)
-159,188
122
-1,303
pres. communications solutions
2022-12-08
CURTIN TERRENCE R
acquired
-
-
55,551
chief exec. officer & director
2022-12-08
MITTS HEATH A
acquired
-
-
16,194
evp & chief financial officer

1–10 of 50

Terrence R. Curtin
65535
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, heat shrink tubing, and application tooling products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; and heat shrink tubing, interventional medical components, relays, and wires and cables for aerospace, defense, oil and gas, industrial equipment, medical, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets. TE Connectivity Ltd. sells its products to approximately 140 countries primarily through direct sales to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was incorporated in 2000 and is based in Schaffhausen, Switzerland.

TEL Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Mar. 31, 2023
Mar. 25, 2022
Mar. 31, 2023
Mar. 25, 2022
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Net sales$ 4,160$ 4,007$ 8,001$ 7,825
Cost of sales2,8762,6705,5305,258
Gross margin1,2841,3372,4712,567
Selling, general, and administrative expenses435416827779
Research, development, and engineering expenses185185358360
Acquisition and integration costs8101718
Restructuring and other charges, net1192123033
Operating income5377051,0391,377
Interest income124216
Interest expense(20)(18)(41)(30)
Other income (expense), net(4)5(9)20
Income from continuing operations before income taxes5256961,0101,373
Income tax expense(100)(136)(187)(246)
Income from continuing operations4255608231,127
Income (loss) from discontinued operations, net of income taxes8 7(1)
Net income$ 433$ 560$ 830$ 1,126
Basic earnings per share:    
Income from continuing operations (in dollars per share)$ 1.34$ 1.72$ 2.60$ 3.46
Income (loss) from discontinued operations (in dollars per share)0.03 0.02 
Net income (in dollars per share)1.371.722.623.45
Diluted earnings per share:    
Income from continuing operations (in dollars per share)1.341.712.583.44
Income (loss) from discontinued operations (in dollars per share)0.03 0.02 
Net income (in dollars per share)$ 1.36$ 1.71$ 2.60$ 3.43
Weighted-average number of shares outstanding:    
Basic (in shares)316325317326
Diluted (in shares)318327319328

TEL Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Sep. 30, 2022
Current assets:  
Cash and cash equivalents$ 905$ 1,088
Accounts receivable, net of allowance for doubtful accounts of $46 and $45, respectively3,0482,865
Inventories2,8112,676
Prepaid expenses and other current assets675639
Total current assets7,4397,268
Property, plant, and equipment, net3,8183,567
Goodwill5,5275,258
Intangible assets, net1,2861,288
Deferred income taxes2,6342,498
Other assets786903
Total assets21,49020,782
Current liabilities:  
Short-term debt286914
Accounts payable1,6781,593
Accrued and other current liabilities2,4292,125
Total current liabilities4,3934,632
Long-term debt3,9163,292
Long-term pension and postretirement liabilities731695
Deferred income taxes216244
Income taxes326304
Other liabilities782718
Total liabilities10,3649,885
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests10695
Shareholders' equity:  
Common shares, CHF 0.57 par value, 322,470,281 shares authorized and issued, and 330,830,781 shares authorized and issued, respectively142146
Accumulated earnings11,82412,832
Treasury shares, at cost, 7,053,036 and 12,749,540 shares, respectively(933)(1,681)
Accumulated other comprehensive loss(13)(495)
Total shareholders' equity11,02010,802
Total liabilities, redeemable noncontrolling interests, and shareholders' equity$ 21,490$ 20,782