TE Connectivity
Market Cap
US$42.3b
Last Updated
2021/01/26 00:58 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential average 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
Stable Share Price: TEL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TEL's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.2%
TEL
1.1%
US Electronic
2.6%
US Market
1 Year Return
31.9%
TEL
31.5%
US Electronic
26.0%
US Market
Return vs Industry: TEL exceeded the US Electronic industry which returned 27.9% over the past year.
Return vs Market: TEL exceeded the US Market which returned 23.8% over the past year.
Shareholder returns
| TEL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 1.1% | 2.6% |
| 30 Day | 6.6% | 7.2% | 5.1% |
| 90 Day | 25.6% | 28.0% | 17.1% |
| 1 Year | 34.6%31.9% | 34.7%31.5% | 28.9%26.0% |
| 3 Year | 30.6%22.9% | 43.0%37.0% | 46.3%36.6% |
| 5 Year | 147.5%123.2% | 168.9%151.6% | 126.9%101.6% |
Long-Term 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
2 months ago | Simply Wall St
Estimating The Fair Value Of TE Connectivity Ltd. (NYSE:TEL)3 months ago | Simply Wall St
The TE Connectivity (NYSE:TEL) Share Price Has Gained 68% And Shareholders Are Hoping For More4 months ago | Simply Wall St
Would TE Connectivity Ltd. (NYSE:TEL) Be Valuable To Income Investors?Valuation
Is TE Connectivity undervalued compared to its fair value and its price relative to the market?
4.5x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TEL ($128.39) is trading above our estimate of fair value ($107.47)
Significantly Below Fair Value: TEL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TEL is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: TEL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TEL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TEL is overvalued based on its PB Ratio (4.5x) compared to the US Electronic industry average (2.8x).
Next Steps
Future Growth
How is TE Connectivity forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
37.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TEL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TEL's is expected to become profitable in the next 3 years.
Revenue vs Market: TEL's revenue (6.5% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: TEL's revenue (6.5% 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 high in 3 years time (21.2%)
Next Steps
Past Performance
How has TE Connectivity performed over the past 5 years?
-4.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEL is currently unprofitable.
Growing Profit Margin: TEL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TEL is unprofitable, and losses have increased over the past 5 years at a rate of 4.4% per year.
Accelerating Growth: Unable to compare TEL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TEL is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-9.3%).
Return on Equity
High ROE: TEL has a negative Return on Equity (-2.73%), as it is currently unprofitable.
Next Steps
Financial Health
How is TE Connectivity's financial position?
Financial Position Analysis
Short Term Liabilities: TEL's short term assets ($5.8B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: TEL's short term assets ($5.8B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: TEL's debt to equity ratio (44.5%) is considered high.
Reducing Debt: TEL's debt to equity ratio has increased from 40.6% to 44.5% over the past 5 years.
Debt Coverage: TEL's debt is well covered by operating cash flow (47.1%).
Interest Coverage: TEL is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is TE Connectivity current dividend yield, its reliability and sustainability?
1.50%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TEL's dividend (1.5%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: TEL's dividend (1.5%) is low compared to the top 25% of dividend payers in the US market (3.86%).
Stability and Growth of Payments
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: TEL is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TEL's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Terrence Curtin (52 yo)
3.83yrs
Tenure
US$10,569,225
Compensation
Mr. Terrence R. Curtin is the Chief Executive Officer of TE Connectivity Ltd. since March 08, 2017. Mr. Curtin served as the President of TE Connectivity Ltd. since March 10, 2015. He was responsible for a...
CEO Compensation Analysis
Compensation vs Market: Terrence's total compensation ($USD10.57M) is about average for companies of similar size in the US market ($USD10.57M).
Compensation vs Earnings: Terrence's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.83yrs | US$10.57m | 0.029% $ 12.1m | |
| Executive VP & CFO | 4.33yrs | US$3.46m | 0.0085% $ 3.6m | |
| Executive VP & General Counsel | 8.25yrs | US$2.31m | 0.0080% $ 3.4m | |
| President of Transportation Solutions | 8.42yrs | US$3.16m | 0.012% $ 5.1m | |
| President of Industrial Solutions Segment | 3.17yrs | US$2.63m | 0.0035% $ 1.5m | |
| Senior Vice President of Operations | 3.25yrs | no data | no data | |
| Chief Information Officer & Senior VP | 7.08yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP & Chief Marketing Officer | 3yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer - Global Human Resources | 4.83yrs | no data | 0.0060% $ 2.5m | |
| Senior VP & Chief Tax Officer | 13.58yrs | no data | 0.011% $ 4.8m | |
| Senior Vice President of China | 8.67yrs | no data | no data |
4.8yrs
Average Tenure
52yo
Average Age
Experienced Management: TEL's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.83yrs | US$10.57m | 0.029% $ 12.1m | |
| Lead Independent Director | 5.83yrs | US$331.14k | 0.011% $ 4.9m | |
| Non-Executive Chairman of the Board | 8yrs | US$486.94k | 0.054% $ 22.8m | |
| Independent Director | 13.58yrs | US$304.14k | 0.010% $ 4.3m | |
| Independent Director | 4.83yrs | US$294.89k | 0.0040% $ 1.7m | |
| Independent Director | 6.83yrs | US$302.39k | 0.0041% $ 1.7m | |
| Independent Director | 3.83yrs | US$286.14k | 0.0026% $ 1.1m | |
| Independent Director | 1.83yrs | US$286.14k | 0.0011% $ 486.2k | |
| Independent Director | 8.83yrs | US$276.14k | 0.0057% $ 2.4m | |
| Independent Director | 4.83yrs | US$276.14k | 0.0029% $ 1.2m | |
| Independent Director | 0.83yr | US$143.24k | 0.00069% $ 291.7k | |
| Independent Director | 8.83yrs | US$286.14k | 0.0058% $ 2.5m |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Board: TEL's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TEL insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$42.275b
- Shares outstanding: 331.05m
- Website: https://www.te.com
Number of Employees
Location
- TE Connectivity Ltd.
- MUehlenstrasse 26
- 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 |
| T1EL34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 SHS UNSPON | BR | BRL | Jan 2020 |
Biography
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 t...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 00:58 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/25 |
| Annual Earnings | 2020/09/25 |
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.