TE Connectivity
Market Cap
US$31.6b
Last Updated
2019/10/22 23:58 UTC
Data Sources
Company Financials +
Executive Summary
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensors solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas.
Snowflake
Fundamentals
Outstanding track record established dividend payer.
Similar Companies
Share Price & News
How has TE Connectivity's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.1%
TEL
2.4%
US Electronic
0.07%
US Market
1 Year Return
22.4%
TEL
16.3%
US Electronic
8.9%
US Market
Return vs Industry: TEL exceeded the US Electronic industry which returned 16.3% over the past year.
Return vs Market: TEL exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| TEL | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.1% | 2.4% | 0.07% |
| 30 Day | 0.8% | 3.7% | -0.3% |
| 90 Day | 2.8% | 2.3% | -1.6% |
| 1 Year | 25.1%22.4% | 17.5%16.3% | 11.3%8.9% |
| 3 Year | 61.1%51.7% | 55.8%51.4% | 46.3%36.8% |
| 5 Year | 79.3%61.9% | 83.7%74.7% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is TE Connectivity's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 hours ago | Simply Wall St
Does TE Connectivity (NYSE:TEL) Have A Healthy Balance Sheet?2 weeks ago | Simply Wall St
A Look At The Fair Value Of TE Connectivity Ltd. (NYSE:TEL)1 month ago | Simply Wall St
TE Connectivity Ltd. (NYSE:TEL): A Fundamentally Attractive InvestmentValuation
Is TE Connectivity undervalued compared to its fair value and its price relative to the market?
9.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TEL ($93.92) is trading above our estimate of fair value ($81.72)
Significantly Below Fair Value: TEL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TEL is good value based on its PE Ratio (9.9x) compared to the Electronic industry average (19.6x).
PE vs Market: TEL is good value based on its PE Ratio (9.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: TEL is poor value based on its PEG Ratio (5.8x)
Price to Book Ratio
PB vs Industry: TEL is overvalued based on its PB Ratio (3x) compared to the US Electronic industry average (2x).
Next Steps
Future Growth
How is TE Connectivity forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
1.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEL's forecast earnings growth (1.7% per year) is below the savings rate (2.7%).
Earnings vs Market: TEL's earnings (1.7% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: TEL's earnings are forecast to grow, but not significantly.
Revenue vs Market: TEL's revenue (3.4% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: TEL's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TEL's Return on Equity is forecast to be low in 3 years time (18.5%).
Next Steps
Past Performance
How has TE Connectivity performed over the past 5 years?
12.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: TEL's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: TEL's earnings growth over the past year (169%) exceeds its 5-year average (12.8% per year).
Earnings vs Industry: TEL earnings growth over the past year (169%) exceeded the Electronic industry 58.6%.
Return on Equity
High ROE: TEL's Return on Equity (30.5%) is considered high.
Return on Assets
ROA vs Industry: TEL has a higher Return on Assets than the Electronic industry average last year.
Return on Capital Employed
ROCE Improving: TEL has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is TE Connectivity's financial position?
Financial Position Analysis
Short Term Liabilities: TEL's short term assets ($5.4B) exceeds its short term liabilities ($3.7B)
Long Term Liabilities: TEL's short term assets (5.4B) do not cover its long term liabilities (5.4B)
Debt to Equity History and Analysis
Debt Level: TEL's debt to equity ratio (38.3%) is considered satisfactory
Reducing Debt: TEL's debt to equity ratio has increased from 34.1% to 38.3% over the past 5 years.
Debt Coverage: TEL's debt is well covered by operating cash flow (60.6%).
Interest Coverage: TEL's interest payments on its debt are well covered by EBIT (35.9x coverage).
Balance Sheet
Inventory Level: TEL has a high level of physical assets or inventory.
Debt Coverage by Assets: TEL's debt is covered by short term assets (assets are 1.331530x debt).
Next Steps
Dividend
What is TE Connectivity's current dividend yield, its reliability and sustainability?
1.96%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: TEL's dividend (1.96%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: TEL's dividend (1.96%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stable Dividend: TEL's dividends per share have been stable in the past 10 years.
Growing Dividend: TEL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.7%), TEL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TEL's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).
Next Steps
Management
What is the CEO of TE Connectivity's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Terrence Curtin (51yo)
2.6yrs
Tenure
US$10,237,011
Compensation
Mr. Terrence R. Curtin is the Chief Executive Officer and Board Member, TE Connectivity. Mr. Curtin served as the President of TE Connectivity Ltd. since March 10, 2015. He was responsible for all of TE's ...
CEO Compensation Analysis
Compensation vs. Market: Terrence's total compensation ($USD10.24M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Terrence's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.3yrs
Average Tenure
51yo
Average Age
Experienced Management: TEL's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
6.2yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TEL's board of directors are considered experienced (6.2 years average tenure).
Insider Trading
Insider Buying: TEL insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 150 |
| Max Price | US$91.10 |
| Entity | Individual |
| Role | Unit President President of Transportation Solutions |
| Shares | 5,000 |
| Max Price | US$89.02 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 962.15 |
| Max Price | US$97.46 |
| Entity | Individual |
| Role | Senior Key Executive President of Industrial Solutions |
| Shares | 26,803 |
| Max Price | US$95.08 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 12,908 |
| Max Price | US$83.05 |
Ownership Breakdown
Management Team
Joseph Eckroth (60yo)
Chief Information Officer & Senior VP
- Tenure: 5.8yrs
John Jenkins (53yo)
Executive VP & General Counsel
- Tenure: 7yrs
- Compensation: US$2.91m
Heath Mitts (48yo)
Executive VP & CFO
- Tenure: 3.1yrs
- Compensation: US$3.91m
Terrence Curtin (51yo)
CEO & Director
- Tenure: 2.6yrs
- Compensation: US$10.24m
Kevin Rock (61yo)
President of Industrial Solutions
- Tenure: 0yrs
- Compensation: US$3.50m
Sujal Shah
Vice President of Investor Relations
- Tenure: 0yrs
Steve Merkt (51yo)
President of Transportation Solutions
- Tenure: 7.2yrs
- Compensation: US$3.78m
Tim Murphy (51yo)
Senior VP & Chief Human Resources Officer
- Tenure: 3.6yrs
Joel Dubs
Senior Vice President of Operations
- Tenure: 2yrs
Kari Janavitz
VP & Chief Marketing Officer
- Tenure: 1.8yrs
Board Members
Pierre Brondeau (61yo)
Lead Independent Director
- Tenure: 4.8yrs
- Compensation: US$341.32k
Tom Lynch (64yo)
Chairman of the Board
- Tenure: 6.8yrs
- Compensation: US$3.35m
Paula Sneed (71yo)
Independent Director
- Tenure: 12.3yrs
- Compensation: US$293.46k
Dan Phelan (69yo)
Independent Director
- Tenure: 12.3yrs
- Compensation: US$313.82k
John Davidson (64yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$296.20k
Laura Wright (59yo)
Independent Director
- Tenure: 5.6yrs
- Compensation: US$316.20k
Nam Yong (70yo)
Independent Director
- Tenure: 7.6yrs
- Compensation: US$281.20k
Terrence Curtin (51yo)
CEO & Director
- Tenure: 2.6yrs
- Compensation: US$10.24m
Mark Trudeau (58yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$291.20k
Bill Jeffrey (59yo)
Independent Director
- Tenure: 7.6yrs
- Compensation: US$291.20k
Company Information
TE Connectivity Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: TE Connectivity Ltd.
- Ticker: TEL
- Exchange: NYSE
- Founded: 2000
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$31.551b
- Shares outstanding: 335.94m
- Website: https://www.te.com
Number of Employees
Location
- TE Connectivity Ltd.
- Rheinstrasse 20
- Schaffhausen
- Schaffhausen
- 8200
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 9TC | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Jun 2007 |
| TEL | NYSE (New York Stock Exchange) | Yes | Registered Shares | US | USD | Jun 2007 |
| TEL N | BMV (Bolsa Mexicana de Valores) | Yes | Registered Shares | MX | MXN | Jun 2007 |
| 0VQJ | LSE (London Stock Exchange) | Yes | Registered Shares | GB | USD | Jun 2007 |
Biography
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensors solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas. The company operates ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:58 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/28 |
| Annual Earnings | 2018/09/28 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.