Recent News
On September 10, 2025 the company’s board declared a regular quarterly cash dividend of $0.71 per ordinary share, payable December 12, 2025 to holders of record on November 21, 2025. On October 13, 2025 TE announced plans to showcase interconnect and high-density data center solutions at the OCP Global Summit in San Jose. On October 15, 2025 TE scheduled an Investor Day for November 20, 2025 in Philadelphia with senior leadership presenting strategy and outlook.
Technical Analysis
ADX / DI+/DI-: ADX at 26.18 indicates a strong trend in place. DI+ shows a dip & reversal and DI- shows a decreasing pattern; those directional readings align with bullish directional pressure supporting continued upside relative to the current valuation.
MACD: MACD stands at 4.95 and trends increasing with the MACD line above the signal at 4.03, signaling bullish momentum continuity that reinforces the upward bias already implied by the ADX and DI readings.
MRO (Momentum/Regression Oscillator): MRO reads 31.78 and trends higher; because MRO sits positive, price currently sits above the model target and carries a potential for mean reversion. That raises the probability of a short-term consolidation even as momentum indicators remain constructive.
RSI: RSI at 66.73 and increasing shows the market moving toward higher momentum territory; that supports momentum-driven continuation but also increases sensitivity to any catalyst that would trigger profit-taking.
Price vs Moving Averages and Bands: Price closed at $236.74, above the 20-day average ($225.79), 50-day average ($215.71) and 200-day average ($172.56); the 12-day EMA trends higher. The share price trades near its 52-week high ($237.63) and above the super trend lower support at $225.83, confirming short-term bullish structure while leaving limited immediate upside before the next resistance band.
Volume & Volatility: Intraday volume (2,248,332) exceeded the 10-day average and slightly exceeded the 50- and 200-day averages, supporting the recent price extension. Volatility measures remain modest (42-day ~1%, 52-week ~2%), suggesting moves have been orderly.
Fundamental Analysis
Margins and Profitability: EBIT margin equals 19.28%, above the industry peer mean of 16.52% and the industry peer median of 17.27%. Operating margin sits at 19.81%. QoQ EBIT margin expanded by 3.86% while YoY changed by -0.64%, indicating sequential margin improvement against a roughly flat year-over-year comparison.
Revenue and Earnings Growth: YoY revenue growth runs 30.25%, with QoQ revenue growth of 17.93%. Reported EPS per share arrived at $2.27 versus an estimate of $2.08, producing an EPS surprise of +9.14%. Forward EPS stands at $2.2475 and forward PE rounds to 69.53.
Cash Flow and Capital: Operating cash flow reached $1,187,000,000 and free cash flow totaled $957,000,000, yielding a free cash flow yield of 1.72%. Cash conversion ratio equals 1.73 and cash on hand measures $672,000,000. Capital expenditures totaled -$230,000,000; capEx-to-revenue reads -5.07%.
Leverage and Coverage: Total debt totals $5,697,000,000 with net debt near $5,025,000,000. Debt-to-EBITDA equals 5.23 and interest coverage approximates 31.21x, indicating ample interest coverage despite leverage levels above some peers.
Returns: Return on equity sits at 5.15% and return on assets at 2.63%; return on invested capital near 3.65%. QoQ and YoY return metrics show marked sequential improvement (ROE QoQ +46.71%), consistent with margin expansion and recent earnings beats.
Valuation Context: Price-to-book stands at 4.49 (below the industry peer mean of 6.24), and trailing PE of 76.59 falls beneath the industry peer mean of 91.27. WMDST values the stock as under-valued, a valuation view supported by margin strength, elevated revenue growth, and robust cash generation relative to its earnings multiple.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-07-23 |
| NEXT REPORT DATE: | 2025-10-20 |
| CASH FLOW | Begin Period Cash Flow | $ 2.6 B |
| Operating Cash Flow | $ 1.2 B | |
| Capital Expenditures | $ -230.00 M | |
| Change In Working Capital | $ 144.0 M | |
| Dividends Paid | $ -212.00 M | |
| Cash Flow Delta | $ -1.88 B | |
| End Period Cash Flow | $ 672.0 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 4.5 B | |
| Forward Revenue | $ 1.2 B | |
| COSTS | ||
| Cost Of Revenue | $ 2.9 B | |
| Depreciation | $ 216.0 M | |
| Depreciation and Amortization | $ 216.0 M | |
| Research and Development | $ 211.0 M | |
| Total Operating Expenses | $ 3.6 B | |
| PROFITABILITY | ||
| Gross Profit | $ 1.6 B | |
| EBITDA | $ 1.1 B | |
| EBIT | $ 874.0 M | |
| Operating Income | $ 898.0 M | |
| Interest Income | $ 17.0 M | |
| Interest Expense | $ 28.0 M | |
| Net Interest Income | $ -11.00 M | |
| Income Before Tax | $ 846.0 M | |
| Tax Provision | $ 208.0 M | |
| Tax Rate | 24.586 % | |
| Net Income | $ 638.0 M | |
| Net Income From Continuing Operations | $ 638.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 2.08 | |
| EPS Actual | $ 2.27 | |
| EPS Difference | $ 0.19 | |
| EPS Surprise | 9.135 % | |
| Forward EPS | $ 2.25 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 24.9 B | |
| Intangible Assets | $ 9.5 B | |
| Net Tangible Assets | $ 2.8 B | |
| Total Current Assets | $ 7.6 B | |
| Cash and Short-Term Investments | $ 672.0 M | |
| Cash | $ 672.0 M | |
| Net Receivables | $ 3.4 B | |
| Inventory | $ 2.8 B | |
| Long-Term Investments | $ 887.0 M | |
| LIABILITIES | ||
| Accounts Payable | $ 2.0 B | |
| Short-Term Debt | $ 851.0 M | |
| Total Current Liabilities | $ 5.0 B | |
| Net Debt | $ 5.0 B | |
| Total Debt | $ 5.7 B | |
| Total Liabilities | $ 12.3 B | |
| EQUITY | ||
| Total Equity | $ 12.4 B | |
| Retained Earnings | $ 13.3 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 41.85 | |
| Shares Outstanding | 295.840 M | |
| Revenue Per-Share | $ 15.33 | |
| VALUATION | Market Capitalization | $ 55.6 B |
| Enterprise Value | $ 60.6 B | |
| Enterprise Multiple | 55.581 | |
| Enterprise Multiple QoQ | 18.86 % | |
| Enterprise Multiple YoY | 20.964 % | |
| Enterprise Multiple IPRWA | high: 259.951 median: 77.876 mean: 68.828 TEL: 55.581 low: -219.031 |
|
| EV/R | 13.362 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.008 | |
| Asset To Liability | 2.015 | |
| Debt To Capital | 0.315 | |
| Debt To Assets | 0.229 | |
| Debt To Assets QoQ | -3.459 % | |
| Debt To Assets YoY | 320.0 % | |
| Debt To Assets IPRWA | high: 0.807 median: 0.296 mean: 0.26 TEL: 0.229 low: 0.002 |
|
| Debt To Equity | 0.46 | |
| Debt To Equity QoQ | -0.947 % | |
| Debt To Equity YoY | 365.352 % | |
| Debt To Equity IPRWA | high: 2.082 median: 0.7 mean: 0.668 TEL: 0.46 low: -0.922 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 4.487 | |
| Price To Book QoQ | 29.496 % | |
| Price To Book YoY | 25.271 % | |
| Price To Book IPRWA | high: 12.594 mean: 6.243 median: 4.785 TEL: 4.487 low: -8.439 |
|
| Price To Earnings (P/E) | 76.589 | |
| Price To Earnings QoQ | 14.119 % | |
| Price To Earnings YoY | -1.577 % | |
| Price To Earnings IPRWA | high: 287.529 mean: 91.267 median: 89.742 TEL: 76.589 low: -168.539 |
|
| PE/G Ratio | 0.015 | |
| Price To Sales (P/S) | 12.254 | |
| Price To Sales QoQ | 21.227 % | |
| Price To Sales YoY | 7.753 % | |
| Price To Sales IPRWA | high: 42.058 median: 16.035 mean: 15.593 TEL: 12.254 low: 0.0 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 69.533 | |
| Forward PE/G | 0.013 | |
| Forward P/S | 47.032 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.447 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.187 | |
| Asset Turnover Ratio QoQ | 3.967 % | |
| Asset Turnover Ratio YoY | 7.371 % | |
| Asset Turnover Ratio IPRWA | high: 0.479 mean: 0.194 TEL: 0.187 median: 0.17 low: 0.001 |
|
| Receivables Turnover | 1.369 | |
| Receivables Turnover Ratio QoQ | 0.863 % | |
| Receivables Turnover Ratio YoY | -0.863 % | |
| Receivables Turnover Ratio IPRWA | high: 2.906 mean: 1.522 median: 1.497 TEL: 1.369 low: 0.267 |
|
| Inventory Turnover | 1.08 | |
| Inventory Turnover Ratio QoQ | 5.03 % | |
| Inventory Turnover Ratio YoY | 12.693 % | |
| Inventory Turnover Ratio IPRWA | high: 2.529 median: 1.184 TEL: 1.08 mean: 1.022 low: 0.063 |
|
| Days Sales Outstanding (DSO) | 66.656 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 93.311 | |
| Cash Conversion Cycle Days QoQ | -2.026 % | |
| Cash Conversion Cycle Days YoY | -10.109 % | |
| Cash Conversion Cycle Days IPRWA | high: 272.391 mean: 102.265 TEL: 93.311 median: 88.157 low: -85.228 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.733 | |
| CapEx To Revenue | -0.051 | |
| CapEx To Depreciation | -1.065 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 17.2 B | |
| Net Invested Capital | $ 18.1 B | |
| Invested Capital | $ 18.1 B | |
| Net Tangible Assets | $ 2.8 B | |
| Net Working Capital | $ 2.6 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.135 | |
| Current Ratio | 1.525 | |
| Current Ratio QoQ | 0.798 % | |
| Current Ratio YoY | 1.15 % | |
| Current Ratio IPRWA | high: 7.762 mean: 2.261 median: 2.016 TEL: 1.525 low: 0.034 |
|
| Quick Ratio | 0.957 | |
| Quick Ratio QoQ | -11.29 % | |
| Quick Ratio YoY | -2.925 % | |
| Quick Ratio IPRWA | high: 7.334 mean: 1.748 median: 1.456 TEL: 0.957 low: 0.201 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 5.227 | |
| Cost Of Debt | 0.373 % | |
| Interest Coverage Ratio | 31.214 | |
| Interest Coverage Ratio QoQ | -43.173 % | |
| Interest Coverage Ratio YoY | -27.221 % | |
| Interest Coverage Ratio IPRWA | high: 52.785 TEL: 31.214 mean: 11.508 median: 10.714 low: -130.23 |
|
| Operating Cash Flow Ratio | 0.114 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 65.735 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 3.009 | |
| Dividend Payout Ratio | 0.332 | |
| Dividend Rate | $ 0.72 | |
| Dividend Yield | 0.004 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 5.115 % | |
| Revenue Growth | 9.438 % | |
| Revenue Growth QoQ | 17.931 % | |
| Revenue Growth YoY | 3025.166 % | |
| Revenue Growth IPRWA | high: 79.411 % mean: 10.104 % median: 10.065 % TEL: 9.438 % low: -43.951 % |
|
| Earnings Growth | 5250.0 % | |
| Earnings Growth QoQ | 68152.73 % | |
| Earnings Growth YoY | 195212.5 % | |
| Earnings Growth IPRWA | TEL: 5250.0 % high: 200.0 % median: 26.316 % mean: 19.013 % low: -133.333 % |
|
| MARGINS | ||
| Gross Margin | 35.289 % | |
| Gross Margin QoQ | 0.207 % | |
| Gross Margin YoY | 1.309 % | |
| Gross Margin IPRWA | high: 98.998 % mean: 39.845 % median: 36.34 % TEL: 35.289 % low: -49.356 % |
|
| EBIT Margin | 19.277 % | |
| EBIT Margin QoQ | 3.858 % | |
| EBIT Margin YoY | -0.644 % | |
| EBIT Margin IPRWA | high: 123.871 % TEL: 19.277 % median: 17.271 % mean: 16.521 % low: -211.309 % |
|
| Return On Sales (ROS) | 19.806 % | |
| Return On Sales QoQ | 6.708 % | |
| Return On Sales YoY | 2.082 % | |
| Return On Sales IPRWA | high: 43.501 % TEL: 19.806 % mean: 15.751 % median: 14.837 % low: -352.254 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 957.0 M | |
| Free Cash Flow Yield | 1.723 % | |
| Free Cash Flow Yield QoQ | 70.594 % | |
| Free Cash Flow Yield YoY | -9.029 % | |
| Free Cash Flow Yield IPRWA | high: 4.857 % TEL: 1.723 % mean: 0.934 % median: 0.912 % low: -16.248 % |
|
| Free Cash Growth | 126.241 % | |
| Free Cash Growth QoQ | -439.842 % | |
| Free Cash Growth YoY | 118.308 % | |
| Free Cash Growth IPRWA | high: 364.739 % TEL: 126.241 % median: 32.081 % mean: 12.778 % low: -329.708 % |
|
| Free Cash To Net Income | 1.5 | |
| Cash Flow Margin | 12.528 % | |
| Cash Flow To Earnings | 0.89 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.63 % | |
| Return On Assets QoQ | 4596.429 % | |
| Return On Assets YoY | 4.948 % | |
| Return On Assets IPRWA | high: 17.834 % TEL: 2.63 % mean: 1.718 % median: 1.671 % low: -36.426 % |
|
| Return On Capital Employed (ROCE) | 4.397 % | |
| Return On Equity (ROE) | 0.052 | |
| Return On Equity QoQ | 4671.296 % | |
| Return On Equity YoY | 13.602 % | |
| Return On Equity IPRWA | high: 0.433 TEL: 0.052 mean: 0.05 median: 0.044 low: -0.601 |
|
| DuPont ROE | 5.215 % | |
| Return On Invested Capital (ROIC) | 3.646 % | |
| Return On Invested Capital QoQ | 39.854 % | |
| Return On Invested Capital YoY | -101.367 % | |
| Return On Invested Capital IPRWA | high: 8.434 % TEL: 3.646 % mean: 3.115 % median: 3.068 % low: -15.502 % |
|