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TE Connectivity (BSP:T1EL34) Cyclically Adjusted Price-to-FCF : 28.14 (As of May. 16, 2024)


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What is TE Connectivity Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), TE Connectivity's current share price is R$301.62. TE Connectivity's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$10.72. TE Connectivity's Cyclically Adjusted Price-to-FCF for today is 28.14.

The historical rank and industry rank for TE Connectivity's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:T1EL34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.14   Med: 26.98   Max: 39.82
Current: 29.33

During the past years, TE Connectivity's highest Cyclically Adjusted Price-to-FCF was 39.82. The lowest was 15.14. And the median was 26.98.

BSP:T1EL34's Cyclically Adjusted Price-to-FCF is ranked better than
51.14% of 962 companies
in the Hardware industry
Industry Median: 29.755 vs BSP:T1EL34: 29.33

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

TE Connectivity's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$4.361. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$10.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TE Connectivity Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TE Connectivity's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TE Connectivity Cyclically Adjusted Price-to-FCF Chart

TE Connectivity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.39 25.78 33.03 24.63 24.95

TE Connectivity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.13 29.47 24.95 27.74 28.13

Competitive Comparison of TE Connectivity's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, TE Connectivity's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TE Connectivity's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TE Connectivity's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TE Connectivity's Cyclically Adjusted Price-to-FCF falls into.



TE Connectivity Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

TE Connectivity's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=301.62/10.72
=28.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TE Connectivity's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TE Connectivity's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.361/107.3549*107.3549
=4.361

Current CPI (Mar. 2024) = 107.3549.

TE Connectivity Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.903 101.517 0.955
201409 1.567 101.247 1.662
201412 0.512 100.704 0.546
201503 0.920 100.339 0.984
201506 1.745 100.464 1.865
201509 2.246 99.785 2.416
201512 1.249 99.386 1.349
201603 0.121 99.475 0.131
201606 2.693 100.088 2.889
201609 2.283 99.604 2.461
201612 1.280 99.380 1.383
201703 1.577 100.040 1.692
201706 1.657 100.285 1.774
201709 2.850 100.254 3.052
201712 0.529 100.213 0.567
201803 0.810 100.836 0.862
201806 3.032 101.435 3.209
201809 3.886 101.246 4.120
201812 0.491 100.906 0.522
201903 2.062 101.571 2.179
201906 2.969 102.044 3.124
201909 4.272 101.396 4.523
201912 1.431 101.063 1.520
202003 2.546 101.048 2.705
202006 1.965 100.743 2.094
202009 4.916 100.585 5.247
202012 3.847 100.241 4.120
202103 3.695 100.800 3.935
202106 3.866 101.352 4.095
202109 4.264 101.533 4.509
202112 3.084 101.776 3.253
202203 1.781 103.205 1.853
202206 2.913 104.783 2.985
202209 5.997 104.835 6.141
202212 3.272 104.666 3.356
202303 3.644 106.245 3.682
202306 4.693 106.576 4.727
202309 7.424 106.570 7.479
202312 4.446 106.461 4.483
202403 4.361 107.355 4.361

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


TE Connectivity  (BSP:T1EL34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


TE Connectivity Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of TE Connectivity's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


TE Connectivity (BSP:T1EL34) Business Description

Industry
Traded in Other Exchanges
Address
Muhlenstrasse 26, Schaffhausen, CHE, CH-8200
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

TE Connectivity (BSP:T1EL34) Headlines

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