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DCF valuation

What is TE Connectivity plc worth?

With the base-case assumptions below, a discounted cash flow model on TE Connectivity plc's reported free cash flow gives $214.58 per share. The share price was $217.68 on November 10, 2026, 1% above that value.

Inputs from the filings

Free cash flow, fiscal 2026
$3.4B
Average free cash flow, last 5 years
$2.7B
Cash
$1.7B
balance sheet of September 25, 2026
Debt
$5.14B
balance sheet of September 25, 2026
Diluted shares, fiscal 2026
294,000,000
Revenue growth per year, last 5 years
5.9%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear1.0%1.5%2.0%10.0%$127.71-41%
Base6.0%4.5%2.5%9.0%$214.58-1%
Bull11.0%7.0%3.0%8.0%$376.75+73%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$277.13$296.22$319.55$348.72$386.21
8.0%$230.46$242.84$257.47$275.02$296.48
9.0%$196.35$204.81$214.58$225.98$239.44
10.0%$170.37$176.38$183.21$191.00$200.00
11.0%$149.93$154.34$159.28$164.82$171.11

Where the presets come from

Base: years 1 to 5 grow at TE Connectivity plc's revenue growth rate over the last 5 fiscal years (5.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

TE Connectivity plc company page