Market Summary
USD121.94+2.69
Delayedas of 26 May 2023, 11:48 am2.26%
TEL Alerts
TEL Stock Price
TEL RSI Chart
TEL Valuation
TEL Price/Sales (Trailing)
TEL Profitability
TEL Fundamentals
TEL Revenue
TEL Earnings
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
TEL Investor Care
Peers (Alternatives to TE Connectivity)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
TEL | 37.7B | 16.5B | -3.97% | -1.72% | 17.67 | 2.29 | 6.26% | -14.72% |
KEYS | 28.0B | 5.6B | 10.66% | 14.30% | 24.21 | 5.04 | 10.78% | 21.45% |
GLW | 26.5B | 13.7B | -5.62% | -5.69% | 28.4 | 1.93 | -5.42% | -50.77% |
CDW | 23.0B | 22.9B | 3.35% | 6.75% | 21.05 | 1.01 | 4.42% | 8.77% |
ZBRA | 14.9B | 5.8B | -8.59% | -19.53% | 30.01 | 2.57 | 0.74% | -49.88% |
JBL | 11.8B | 35.1B | 16.56% | 52.76% | 12.21 | 0.33 | 14.26% | 19.33% |
| MID-CAP | ||||||||
SNX | 8.5B | 62.0B | 3.57% | -6.76% | 12.39 | 0.14 | 47.11% | 56.06% |
DLB | 7.9B | 1.3B | -0.29% | 9.34% | 32.52 | 6.16 | 1.65% | 12.47% |
ARW | 7.6B | 36.8B | 13.14% | 8.28% | 5.36 | 0.21 | 4.61% | 5.41% |
AVT | 4.0B | 26.4B | 8.86% | -4.21% | 4.65 | 0.15 | 13.77% | 62.44% |
| SMALL-CAP | ||||||||
SCSC | 718.7M | 3.8B | 5.82% | -23.52% | 7.9 | 0.19 | 11.18% | -1.75% |
WSTG | 148.4M | 318.1M | 9.58% | 18.41% | 13.27 | 0.51 | 9.27% | 26.19% |
UUU | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 0.9% | 16,457 | 16,304 | 16,281 | 15,740 | 15,488 |
| Gross Profit | -1.0% | 5,148 | 5,201 | 5,244 | 5,158 | 5,098 |
| S&GA Expenses | 1.2% | 1,632 | 1,613 | 1,584 | 1,556 | 1,529 |
| EBITDA | -5.4% | 3,390 | 3,584 | 3,546 | 3,544 | - |
| EBITDA Margin | -5.5% | 0.21* | 0.22* | 0.23* | 0.23* | - |
| Earnings Before Taxes | -6.7% | 2,370 | 2,541 | 2,733 | 2,708 | 2,705 |
| EBT Margin | -7.2% | 0.16* | 0.17* | 0.17* | 0.17* | - |
| Interest Expenses | 2.7% | 77.00 | 75.00 | 66.00 | 62.00 | 58.00 |
| Net Income | -5.6% | 2,132 | 2,259 | 2,428 | 2,514 | 2,500 |
| Net Income Margin | -7.1% | 0.14* | 0.15* | 0.16* | 0.16* | - |
| Free Cahsflow | 2.2% | 1,738 | 1,700 | 1,506 | 1,644 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 0.6% | 21,490 | 21,353 | 20,782 | 21,348 | 21,451 |
| Current Assets | 1.7% | 7,439 | 7,318 | 7,268 | 7,583 | 7,417 |
| Cash Equivalents | 14.1% | 905 | 793 | 1,088 | 820 | 749 |
| Inventory | -4.0% | 2,811 | 2,927 | 2,676 | 3,028 | 2,999 |
| Net PPE | 1.0% | 3,818 | 3,781 | 3,567 | 3,712 | 3,817 |
| Goodwill | 0.3% | 5,527 | 5,511 | 5,258 | 5,352 | 5,463 |
| Liabilities | 4.8% | 10,364 | 9,885 | 9,885 | 10,811 | 10,902 |
| Current Liabilities | -0.6% | 4,393 | 4,420 | 4,632 | 5,058 | 5,046 |
| LT Debt, Non Current | 15.2% | 3,916 | 3,398 | 3,292 | 3,380 | 3,441 |
| Shareholder's Equity | -3.0% | 11,020 | 11,364 | 10,802 | 10,434 | 10,442 |
| Retained Earnings | -10.4% | 11,824 | 13,200 | 12,832 | 12,084 | 12,160 |
| Shares Outstanding | -0.3% | 316 | 317 | 322 | 325 | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 8.8% | 2,738 | 2,517 | 2,468 | 2,298 | 2,401 |
| Share Based Compensation | 2.5% | 122 | 119 | 119 | 109 | 105 |
| Cashflow From Investing | 4.8% | -899 | -944 | -878 | -1,108 | -1,097 |
| Cashflow From Financing | 4.3% | -1,678 | -1,753 | -1,684 | -1,773 | -2,297 |
| Dividend Payments | 2.0% | 714 | 700 | 685 | 670 | 655 |
| Buy Backs | -16.1% | 1,170 | 1,395 | 1,412 | 1,399 | 1,280 |
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 ascending | Fund Name | Type | % 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% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
TEL Alerts
TE Connectivity News
Schedule 13G FIlings of TE Connectivity
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
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
2023-03-31CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 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 sales | 2,876 | 2,670 | 5,530 | 5,258 |
| Gross margin | 1,284 | 1,337 | 2,471 | 2,567 |
| Selling, general, and administrative expenses | 435 | 416 | 827 | 779 |
| Research, development, and engineering expenses | 185 | 185 | 358 | 360 |
| Acquisition and integration costs | 8 | 10 | 17 | 18 |
| Restructuring and other charges, net | 119 | 21 | 230 | 33 |
| Operating income | 537 | 705 | 1,039 | 1,377 |
| Interest income | 12 | 4 | 21 | 6 |
| Interest expense | (20) | (18) | (41) | (30) |
| Other income (expense), net | (4) | 5 | (9) | 20 |
| Income from continuing operations before income taxes | 525 | 696 | 1,010 | 1,373 |
| Income tax expense | (100) | (136) | (187) | (246) |
| Income from continuing operations | 425 | 560 | 823 | 1,127 |
| Income (loss) from discontinued operations, net of income taxes | 8 | 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) | 1.37 | 1.72 | 2.62 | 3.45 |
| Diluted earnings per share: | ||||
| Income from continuing operations (in dollars per share) | 1.34 | 1.71 | 2.58 | 3.44 |
| 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) | 316 | 325 | 317 | 326 |
| Diluted (in shares) | 318 | 327 | 319 | 328 |
TEL Balance Sheet
2023-03-31CONDENSED 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, respectively | 3,048 | 2,865 |
| Inventories | 2,811 | 2,676 |
| Prepaid expenses and other current assets | 675 | 639 |
| Total current assets | 7,439 | 7,268 |
| Property, plant, and equipment, net | 3,818 | 3,567 |
| Goodwill | 5,527 | 5,258 |
| Intangible assets, net | 1,286 | 1,288 |
| Deferred income taxes | 2,634 | 2,498 |
| Other assets | 786 | 903 |
| Total assets | 21,490 | 20,782 |
| Current liabilities: | ||
| Short-term debt | 286 | 914 |
| Accounts payable | 1,678 | 1,593 |
| Accrued and other current liabilities | 2,429 | 2,125 |
| Total current liabilities | 4,393 | 4,632 |
| Long-term debt | 3,916 | 3,292 |
| Long-term pension and postretirement liabilities | 731 | 695 |
| Deferred income taxes | 216 | 244 |
| Income taxes | 326 | 304 |
| Other liabilities | 782 | 718 |
| Total liabilities | 10,364 | 9,885 |
| Commitments and contingencies (Note 9) | ||
| Redeemable noncontrolling interests | 106 | 95 |
| Shareholders' equity: | ||
| Common shares, CHF 0.57 par value, 322,470,281 shares authorized and issued, and 330,830,781 shares authorized and issued, respectively | 142 | 146 |
| Accumulated earnings | 11,824 | 12,832 |
| Treasury shares, at cost, 7,053,036 and 12,749,540 shares, respectively | (933) | (1,681) |
| Accumulated other comprehensive loss | (13) | (495) |
| Total shareholders' equity | 11,020 | 10,802 |
| Total liabilities, redeemable noncontrolling interests, and shareholders' equity | $ 21,490 | $ 20,782 |