Intrinsic value of TE Connectivity - TEL

Previous Close

$100.73

  Intrinsic Value

$80.88

stock screener

  Rating & Target

hold

-20%

Previous close

$100.73

 
Intrinsic value

$80.88

 
Up/down potential

-20%

 
Rating

hold

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of TEL stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2017(a)
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  7.15
  7.10
  6.89
  6.70
  6.53
  6.38
  6.24
  6.12
  6.00
  5.90
  5.81
  5.73
  5.66
  5.59
  5.53
  5.48
  5.43
  5.39
  5.35
  5.32
  5.28
  5.26
  5.23
  5.21
  5.19
  5.17
  5.15
  5.14
  5.12
  5.11
  5.10
Revenue, $m
  13,113
  14,044
  15,012
  16,018
  17,064
  18,152
  19,285
  20,464
  21,693
  22,974
  24,309
  25,703
  27,157
  28,676
  30,263
  31,922
  33,656
  35,469
  37,367
  39,353
  41,432
  43,610
  45,891
  48,280
  50,784
  53,408
  56,159
  59,043
  62,067
  65,239
  68,566
Variable operating expenses, $m
 
  11,673
  12,438
  13,233
  14,061
  14,922
  15,817
  16,750
  17,722
  18,735
  19,791
  20,328
  21,479
  22,680
  23,935
  25,247
  26,618
  28,053
  29,554
  31,125
  32,769
  34,491
  36,295
  38,185
  40,165
  42,241
  44,416
  46,698
  49,089
  51,598
  54,229
Fixed operating expenses, $m
 
  132
  136
  139
  142
  146
  150
  153
  157
  161
  165
  169
  173
  178
  182
  187
  192
  196
  201
  206
  211
  217
  222
  228
  233
  239
  245
  251
  258
  264
  271
Total operating expenses, $m
  11,066
  11,805
  12,574
  13,372
  14,203
  15,068
  15,967
  16,903
  17,879
  18,896
  19,956
  20,497
  21,652
  22,858
  24,117
  25,434
  26,810
  28,249
  29,755
  31,331
  32,980
  34,708
  36,517
  38,413
  40,398
  42,480
  44,661
  46,949
  49,347
  51,862
  54,500
Operating income, $m
  2,047
  2,239
  2,438
  2,645
  2,860
  3,084
  3,318
  3,560
  3,814
  4,077
  4,353
  5,205
  5,505
  5,818
  6,146
  6,488
  6,846
  7,220
  7,612
  8,022
  8,452
  8,902
  9,373
  9,867
  10,385
  10,928
  11,497
  12,094
  12,720
  13,377
  14,066
EBITDA, $m
  2,682
  3,129
  3,350
  3,580
  3,820
  4,069
  4,328
  4,598
  4,880
  5,173
  5,479
  5,799
  6,132
  6,480
  6,844
  7,225
  7,623
  8,039
  8,475
  8,931
  9,409
  9,909
  10,433
  10,982
  11,558
  12,162
  12,794
  13,458
  14,154
  14,884
  15,650
Interest expense (income), $m
  128
  127
  150
  173
  197
  222
  248
  275
  303
  332
  363
  395
  428
  463
  499
  537
  577
  618
  661
  707
  754
  804
  856
  910
  967
  1,027
  1,090
  1,155
  1,224
  1,297
  1,372
Earnings before tax, $m
  1,928
  2,112
  2,289
  2,472
  2,664
  2,863
  3,070
  3,286
  3,511
  3,745
  3,990
  4,810
  5,077
  5,355
  5,646
  5,951
  6,269
  6,602
  6,951
  7,316
  7,698
  8,098
  8,518
  8,957
  9,418
  9,901
  10,408
  10,939
  11,496
  12,081
  12,694
Tax expense, $m
  255
  570
  618
  668
  719
  773
  829
  887
  948
  1,011
  1,077
  1,299
  1,371
  1,446
  1,525
  1,607
  1,693
  1,783
  1,877
  1,975
  2,078
  2,187
  2,300
  2,418
  2,543
  2,673
  2,810
  2,953
  3,104
  3,262
  3,427
Net income, $m
  1,683
  1,542
  1,671
  1,805
  1,944
  2,090
  2,241
  2,399
  2,563
  2,734
  2,913
  3,511
  3,706
  3,909
  4,122
  4,344
  4,576
  4,820
  5,074
  5,340
  5,619
  5,912
  6,218
  6,539
  6,875
  7,228
  7,598
  7,985
  8,392
  8,819
  9,266

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  1,218
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  19,403
  19,479
  20,821
  22,216
  23,667
  25,176
  26,747
  28,383
  30,087
  31,864
  33,716
  35,649
  37,666
  39,773
  41,974
  44,274
  46,679
  49,195
  51,827
  54,581
  57,465
  60,485
  63,648
  66,963
  70,435
  74,075
  77,890
  81,891
  86,085
  90,484
  95,098
Adjusted assets (=assets-cash), $m
  18,185
  19,479
  20,821
  22,216
  23,667
  25,176
  26,747
  28,383
  30,087
  31,864
  33,716
  35,649
  37,666
  39,773
  41,974
  44,274
  46,679
  49,195
  51,827
  54,581
  57,465
  60,485
  63,648
  66,963
  70,435
  74,075
  77,890
  81,891
  86,085
  90,484
  95,098
Revenue / Adjusted assets
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
  0.721
Average production assets, $m
  5,086
  5,449
  5,825
  6,215
  6,621
  7,043
  7,482
  7,940
  8,417
  8,914
  9,432
  9,973
  10,537
  11,126
  11,742
  12,386
  13,058
  13,762
  14,498
  15,269
  16,076
  16,921
  17,806
  18,733
  19,704
  20,722
  21,790
  22,909
  24,082
  25,313
  26,603
Working capital, $m
  2,079
  1,685
  1,801
  1,922
  2,048
  2,178
  2,314
  2,456
  2,603
  2,757
  2,917
  3,084
  3,259
  3,441
  3,632
  3,831
  4,039
  4,256
  4,484
  4,722
  4,972
  5,233
  5,507
  5,794
  6,094
  6,409
  6,739
  7,085
  7,448
  7,829
  8,228
Total debt, $m
  4,344
  4,275
  4,936
  5,622
  6,336
  7,079
  7,852
  8,656
  9,495
  10,369
  11,280
  12,231
  13,224
  14,260
  15,343
  16,475
  17,658
  18,896
  20,191
  21,546
  22,965
  24,451
  26,007
  27,638
  29,346
  31,137
  33,014
  34,982
  37,046
  39,210
  41,480
Total liabilities, $m
  9,652
  9,583
  10,244
  10,930
  11,644
  12,387
  13,160
  13,964
  14,803
  15,677
  16,588
  17,539
  18,532
  19,568
  20,651
  21,783
  22,966
  24,204
  25,499
  26,854
  28,273
  29,759
  31,315
  32,946
  34,654
  36,445
  38,322
  40,290
  42,354
  44,518
  46,788
Total equity, $m
  9,751
  9,895
  10,577
  11,286
  12,023
  12,789
  13,588
  14,419
  15,284
  16,187
  17,128
  18,109
  19,134
  20,205
  21,323
  22,491
  23,713
  24,991
  26,328
  27,727
  29,192
  30,727
  32,333
  34,017
  35,781
  37,630
  39,568
  41,600
  43,731
  45,966
  48,310
Total liabilities and equity, $m
  19,403
  19,478
  20,821
  22,216
  23,667
  25,176
  26,748
  28,383
  30,087
  31,864
  33,716
  35,648
  37,666
  39,773
  41,974
  44,274
  46,679
  49,195
  51,827
  54,581
  57,465
  60,486
  63,648
  66,963
  70,435
  74,075
  77,890
  81,890
  86,085
  90,484
  95,098
Debt-to-equity ratio
  0.445
  0.430
  0.470
  0.500
  0.530
  0.550
  0.580
  0.600
  0.620
  0.640
  0.660
  0.680
  0.690
  0.710
  0.720
  0.730
  0.740
  0.760
  0.770
  0.780
  0.790
  0.800
  0.800
  0.810
  0.820
  0.830
  0.830
  0.840
  0.850
  0.850
  0.860
Adjusted equity ratio
  0.469
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508
  0.508

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  1,683
  1,542
  1,671
  1,805
  1,944
  2,090
  2,241
  2,399
  2,563
  2,734
  2,913
  3,511
  3,706
  3,909
  4,122
  4,344
  4,576
  4,820
  5,074
  5,340
  5,619
  5,912
  6,218
  6,539
  6,875
  7,228
  7,598
  7,985
  8,392
  8,819
  9,266
Depreciation, amort., depletion, $m
  635
  889
  912
  935
  959
  984
  1,010
  1,038
  1,066
  1,096
  1,127
  594
  627
  662
  699
  737
  777
  819
  863
  909
  957
  1,007
  1,060
  1,115
  1,173
  1,233
  1,297
  1,364
  1,433
  1,507
  1,584
Funds from operations, $m
  2,274
  2,431
  2,582
  2,740
  2,904
  3,074
  3,251
  3,436
  3,629
  3,830
  4,039
  4,105
  4,333
  4,572
  4,821
  5,081
  5,354
  5,639
  5,937
  6,249
  6,576
  6,919
  7,278
  7,654
  8,048
  8,461
  8,895
  9,349
  9,826
  10,326
  10,850
Change in working capital, $m
  -47
  112
  116
  121
  126
  131
  136
  142
  147
  154
  160
  167
  175
  182
  190
  199
  208
  218
  228
  238
  250
  261
  274
  287
  300
  315
  330
  346
  363
  381
  399
Cash from operations, $m
  2,321
  2,319
  2,466
  2,619
  2,778
  2,943
  3,116
  3,295
  3,481
  3,676
  3,879
  3,938
  4,159
  4,389
  4,630
  4,882
  5,146
  5,421
  5,709
  6,011
  6,327
  6,658
  7,004
  7,367
  7,748
  8,146
  8,564
  9,003
  9,463
  9,945
  10,451
Maintenance CAPEX, $m
  0
  -303
  -324
  -347
  -370
  -394
  -419
  -445
  -473
  -501
  -531
  -561
  -594
  -627
  -662
  -699
  -737
  -777
  -819
  -863
  -909
  -957
  -1,007
  -1,060
  -1,115
  -1,173
  -1,233
  -1,297
  -1,364
  -1,433
  -1,507
New CAPEX, $m
  -702
  -363
  -375
  -390
  -406
  -422
  -439
  -458
  -477
  -497
  -518
  -541
  -564
  -589
  -616
  -644
  -673
  -704
  -736
  -771
  -807
  -845
  -885
  -927
  -971
  -1,018
  -1,067
  -1,119
  -1,173
  -1,231
  -1,291
Cash from investing activities, $m
  -932
  -666
  -699
  -737
  -776
  -816
  -858
  -903
  -950
  -998
  -1,049
  -1,102
  -1,158
  -1,216
  -1,278
  -1,343
  -1,410
  -1,481
  -1,555
  -1,634
  -1,716
  -1,802
  -1,892
  -1,987
  -2,086
  -2,191
  -2,300
  -2,416
  -2,537
  -2,664
  -2,798
Free cash flow, $m
  1,389
  1,654
  1,767
  1,882
  2,002
  2,127
  2,257
  2,392
  2,532
  2,678
  2,830
  2,836
  3,001
  3,173
  3,352
  3,540
  3,736
  3,940
  4,154
  4,377
  4,611
  4,856
  5,112
  5,380
  5,661
  5,955
  6,264
  6,587
  6,926
  7,281
  7,653
Issuance/(repayment) of debt, $m
  259
  641
  660
  686
  714
  743
  773
  805
  838
  874
  911
  951
  993
  1,036
  1,083
  1,132
  1,183
  1,238
  1,295
  1,355
  1,419
  1,486
  1,556
  1,631
  1,709
  1,791
  1,877
  1,968
  2,064
  2,164
  2,270
Issuance/(repurchase) of shares, $m
  -497
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -268
  641
  660
  686
  714
  743
  773
  805
  838
  874
  911
  951
  993
  1,036
  1,083
  1,132
  1,183
  1,238
  1,295
  1,355
  1,419
  1,486
  1,556
  1,631
  1,709
  1,791
  1,877
  1,968
  2,064
  2,164
  2,270
Total cash flow (excl. dividends), $m
  1,117
  2,295
  2,427
  2,569
  2,716
  2,870
  3,030
  3,197
  3,371
  3,552
  3,741
  3,787
  3,993
  4,209
  4,435
  4,672
  4,919
  5,178
  5,449
  5,733
  6,030
  6,342
  6,668
  7,011
  7,370
  7,746
  8,141
  8,555
  8,989
  9,445
  9,923
Retained Cash Flow (-), $m
  -1,266
  -652
  -682
  -709
  -737
  -767
  -798
  -831
  -866
  -902
  -941
  -982
  -1,025
  -1,070
  -1,118
  -1,169
  -1,222
  -1,278
  -1,337
  -1,399
  -1,465
  -1,534
  -1,607
  -1,684
  -1,764
  -1,849
  -1,938
  -2,032
  -2,131
  -2,235
  -2,344
Prev. year cash balance distribution, $m
 
  508
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  2,151
  1,745
  1,860
  1,979
  2,103
  2,232
  2,366
  2,505
  2,650
  2,800
  2,805
  2,969
  3,139
  3,317
  3,503
  3,697
  3,900
  4,112
  4,333
  4,565
  4,807
  5,061
  5,327
  5,605
  5,897
  6,203
  6,523
  6,859
  7,210
  7,580
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  2,062
  1,598
  1,619
  1,630
  1,630
  1,620
  1,598
  1,566
  1,522
  1,468
  1,332
  1,267
  1,194
  1,114
  1,028
  940
  849
  757
  667
  580
  497
  420
  349
  285
  229
  181
  140
  106
  79
  57
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

TE Connectivity Ltd. is a technology company. The Company designs and manufactures connectivity and sensors solutions. It operates through three segments: Transportation Solutions, Industrial Solutions and Communications Solutions. The Transportation Solutions segment offers connectivity and sensor technologies. Its products are used in the automotive, commercial transportation and sensors markets. It sells primary products, including terminals and connector systems and components, sensors, relays, application tooling, and wire and heat shrink tubing. The Industrial Solutions segment is a supplier of products that connect and distribute power, data and signals. The Industrial Solutions segment offers products, such as terminals and connector systems and components; heat shrink tubing; relays, and wire and cable. The Communications Solutions segment is a supplier of electronic components for the data and devices and appliances markets.

FINANCIAL RATIOS  of  TE Connectivity (TEL)

Valuation Ratios
P/E Ratio 21.1
Price to Sales 2.7
Price to Book 3.6
Price to Tangible Book
Price to Cash Flow 15.3
Price to Free Cash Flow 21.9
Growth Rates
Sales Growth Rate 7.1%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 11.8%
Cap. Spend. - 3 Yr. Gr. Rate 2%
Financial Strength
Quick Ratio 2
Current Ratio 0
LT Debt to Equity 37.3%
Total Debt to Equity 44.5%
Interest Coverage 16
Management Effectiveness
Return On Assets 9.7%
Ret/ On Assets - 3 Yr. Avg. 11.2%
Return On Total Capital 12.6%
Ret/ On T. Cap. - 3 Yr. Avg. 15.5%
Return On Equity 18.5%
Return On Equity - 3 Yr. Avg. 22.2%
Asset Turnover 0.7
Profitability Ratios
Gross Margin 33.9%
Gross Margin - 3 Yr. Avg. 33.4%
EBITDA Margin 20.5%
EBITDA Margin - 3 Yr. Avg. 18.2%
Operating Margin 15.6%
Oper. Margin - 3 Yr. Avg. 15.1%
Pre-Tax Margin 14.7%
Pre-Tax Margin - 3 Yr. Avg. 12.4%
Net Profit Margin 12.8%
Net Profit Margin - 3 Yr. Avg. 16.3%
Effective Tax Rate 13.2%
Eff/ Tax Rate - 3 Yr. Avg. -10.8%
Payout Ratio 32.4%

TEL stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the TEL stock intrinsic value calculation we used $13113 million for the last fiscal year's total revenue generated by TE Connectivity. The default revenue input number comes from 2017 income statement of TE Connectivity. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our TEL stock valuation model: a) initial revenue growth rate of 7.1% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for TEL is calculated based on our internal credit rating of TE Connectivity, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of TE Connectivity.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of TEL stock the variable cost ratio is equal to 83.4%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $129 million in the base year in the intrinsic value calculation for TEL stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for TE Connectivity.

Corporate tax rate of 27% is the nominal tax rate for TE Connectivity. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the TEL stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for TEL are equal to 38.8%.

Life of production assets of 16.8 years is the average useful life of capital assets used in TE Connectivity operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for TEL is equal to 12%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $9751 million for TE Connectivity - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 352.378 million for TE Connectivity is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of TE Connectivity at the current share price and the inputted number of shares is $35.5 billion.

RELATED COMPANIES Price Int.Val. Rating
APH Amphenol Cl A 93.13 88.79  hold
LFUS Littelfuse 219.93 175.35  hold
AVX AVX 19.37 18.28  hold
CSL Carlisle 117.80 101.95  hold
ST Sensata Techno 54.88 33.20  sell
BDC Belden 87.00 79.38  hold
DLPH Delphi Technol 56.55 95.38  str.buy
RFIL RF Industries 2.75 0.74  str.sell

COMPANY NEWS

▶ TE Connectivity tops Street 4Q forecasts   [06:29AM  Associated Press]
▶ Top Analyst Reports for Facebook, FedEx & Intel   [Sep-26-17 05:04PM  Zacks]
▶ Stocks With Rising Relative Strength: TE Connectivity   [03:00AM  Investor's Business Daily]
▶ Stocks Feel the Pressure and Plunge   [Aug-18-17 09:15AM  Zacks]
▶ 10 Stakes Pioneer Investments Keeps Buying   [Aug-17-17 03:36PM  GuruFocus.com]
▶ TE Connectivity Debuts ChipConnect Cable Assemblies   [Aug-03-17 08:03AM  PR Newswire]
▶ TE Connectivity tops Street 3Q forecasts   [Jul-26-17 09:31PM  Associated Press]
▶ The Largest Insider Trades of the Week   [Jul-07-17 12:46PM  GuruFocus.com]
Financial statements of TEL
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.