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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 $207.77 per share. The share price was $218.59 on September 25, 2026, 5% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$3.2B
Average free cash flow, last 5 years
$2.42B
Cash
$1.24B
balance sheet of June 26, 2026
Debt
$5.53B
balance sheet of June 26, 2026
Diluted shares, fiscal 2025
299,000,000
Revenue growth per year, last 5 years
7.2%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear2.0%2.0%2.0%10.0%$122.23-44%
Base7.0%5.0%2.5%9.0%$207.77-5%
Bull12.0%7.5%3.0%8.0%$367.43+68%

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%$269.74$288.70$311.88$340.85$378.10
8.0%$223.46$235.76$250.29$267.73$289.05
9.0%$189.66$198.07$207.77$219.09$232.47
10.0%$163.92$169.90$176.68$184.43$193.36
11.0%$143.70$148.08$152.98$158.49$164.74

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 (7.2% 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