Te Connectivity Stock Z Score
TEL Stock | USD 140.00 3.23 2.26% |
TEL | Z Score |
TE Connectivity Company Z Score Analysis
TE Connectivity's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| |||||||
| |||||||
| |||||||
| |||||||
|
TEL Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for TE Connectivity is extremely important. It helps to project a fair market value of TEL Stock properly, considering its historical fundamentals such as Z Score. Since TE Connectivity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TE Connectivity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TE Connectivity's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
Based on the company's disclosures, TE Connectivity has a Z Score of 0.0. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.
TE Connectivity ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TE Connectivity's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TE Connectivity's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
TE Connectivity Institutional Holders
Institutional Holdings refers to the ownership stake in TE Connectivity that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TE Connectivity's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TE Connectivity's value.Shares | Massachusetts Financial Services Company | 2023-12-31 | 4.6 M | Amvescap Plc. | 2023-12-31 | 4.6 M | Impax Asset Management Group Plc | 2023-12-31 | 3.8 M | Wellington Management Company Llp | 2023-12-31 | 3.6 M | Bank Of America Corp | 2023-12-31 | 3.5 M | Hhg Plc | 2023-12-31 | 3.5 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.5 M | Edgepoint Investment Group, Inc. | 2023-09-30 | 3.4 M | Goldman Sachs Group Inc | 2023-12-31 | 3.3 M | Vanguard Group Inc | 2023-12-31 | 28.2 M | Capital World Investors | 2023-12-31 | 24.6 M |
TEL Fundamentals
Return On Equity | 0.27 | ||||
Return On Asset | 0.0778 | ||||
Profit Margin | 0.21 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | 47.61 B | ||||
Shares Outstanding | 308.8 M | ||||
Shares Owned By Insiders | 0.15 % | ||||
Shares Owned By Institutions | 94.79 % | ||||
Number Of Shares Shorted | 2.98 M | ||||
Price To Earning | 39.52 X | ||||
Price To Book | 3.36 X | ||||
Price To Sales | 2.76 X | ||||
Revenue | 16.03 B | ||||
Gross Profit | 5.05 B | ||||
EBITDA | 3.52 B | ||||
Net Income | 1.9 B | ||||
Cash And Equivalents | 1.66 B | ||||
Cash Per Share | 2.56 X | ||||
Total Debt | 4.21 B | ||||
Debt To Equity | 0.40 % | ||||
Current Ratio | 1.50 X | ||||
Book Value Per Share | 42.45 X | ||||
Cash Flow From Operations | 3.13 B | ||||
Short Ratio | 1.42 X | ||||
Earnings Per Share | 10.51 X | ||||
Price To Earnings To Growth | 1.82 X | ||||
Target Price | 161.71 | ||||
Number Of Employees | 85 K | ||||
Beta | 1.37 | ||||
Market Capitalization | 44.23 B | ||||
Total Asset | 21.71 B | ||||
Retained Earnings | 12.95 B | ||||
Working Capital | 3.43 B | ||||
Current Asset | 4.78 B | ||||
Current Liabilities | 3.07 B | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.80 % | ||||
Net Asset | 21.71 B | ||||
Last Dividend Paid | 2.33 |
About TE Connectivity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TE Connectivity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TE Connectivity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TE Connectivity based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether TE Connectivity is a strong investment it is important to analyze TE Connectivity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TE Connectivity's future performance. For an informed investment choice regarding TEL Stock, refer to the following important reports:Check out TE Connectivity Piotroski F Score and TE Connectivity Valuation analysis. For more information on how to buy TEL Stock please use our How to buy in TEL Stock guide.Note that the TE Connectivity information on this page should be used as a complementary analysis to other TE Connectivity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for TEL Stock analysis
When running TE Connectivity's price analysis, check to measure TE Connectivity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TE Connectivity is operating at the current time. Most of TE Connectivity's value examination focuses on studying past and present price action to predict the probability of TE Connectivity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TE Connectivity's price. Additionally, you may evaluate how the addition of TE Connectivity to your portfolios can decrease your overall portfolio volatility.
Global Correlations Find global opportunities by holding instruments from different markets | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Is TE Connectivity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TE Connectivity. If investors know TEL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TE Connectivity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.617 | Dividend Share 2.33 | Earnings Share 10.51 | Revenue Per Share 51.113 | Quarterly Revenue Growth (0) |
The market value of TE Connectivity is measured differently than its book value, which is the value of TEL that is recorded on the company's balance sheet. Investors also form their own opinion of TE Connectivity's value that differs from its market value or its book value, called intrinsic value, which is TE Connectivity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TE Connectivity's market value can be influenced by many factors that don't directly affect TE Connectivity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TE Connectivity's value and its price as these two are different measures arrived at by different means. Investors typically determine if TE Connectivity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TE Connectivity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.