# TE Connectivity plc (TEL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $208.65, market value $60.4 billion.

## Valuation
- **P/E (trailing): 20.5×** (5-yr avg 20.5×, 3-yr avg 23.0×). TE Connectivity plc trades at 20.5× trailing earnings, close to its own five-year average of 20.5×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 16.2×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 3.1×**. Each dollar of revenue is priced at 3.1×.
- **Price / book: 4.6×**. The shares trade at 4.6× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.5×**. Enterprise value is 13.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.5%** (5-yr avg 5.4%). Free cash flow equals 5.5% of the market value, in line with its five-year average of 5.4%. Above 5% is generally attractive.
- **Earnings yield: 4.9%**. The inverse of the P/E: 4.9% of the price is earned each year.

## Profitability
- **Gross margin: 36.1%**. TE Connectivity plc keeps 36.1% of revenue after the direct cost of what it sells.
- **Operating margin: 19.7%**. 19.7% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 10.7%**. 10.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.6%**. 14.6% on shareholders' equity is solid.
- **Return on invested capital: 17.7%**. Return on all capital, debt included, is 17.7%: comfortably above what that capital costs.
- **Return on assets: 12.0%**. Each dollar of assets produces 12.0% of profit.

## Growth
- **Revenue growth (1 yr): 8.9%** (3-yr 2.0%/yr, 5-yr 7.2%/yr). Revenue grew 8.9% over the last year, against 7.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -40.4%** (3-yr -6.2%/yr). Earnings per share fell 40.4%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 23.5%/yr**. Free cash flow has compounded at 23.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.45**. Debt is 0.45 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 4.75**. A Z-score of 4.75 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.50%** ($2.91 per share, trailing). TE Connectivity plc yields 1.50%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 44%** (26% of free cash flow). 44% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 19**. 19 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 6.5%/yr** (1-yr 2.5%). The dividend has grown 6.5% a year over five years.

## Price and momentum
- **Total return (1 yr): 0.7%** (YTD -7.7%, 3-mo -1.9%). The shares are up 0.7% over twelve months including dividends.
- **From 52-week high: -17.4%** (9.7% above the low). Trading 17% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 1.56** (volatility 35%). Beta of 1.56 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TEL · Page: https://foliofundamentals.com/stocks/tel

Not investment advice.