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TEL (TE Connectivity) Cyclically Adjusted FCF per Share : $6.32 (As of Mar. 2025)


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What is TE Connectivity Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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 for the three months ended in Mar. 2025 was $1.410. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $6.32 for the trailing ten years ended in Mar. 2025.

During the past 12 months, TE Connectivity's average Cyclically Adjusted FCF Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of TE Connectivity was 12.60% per year. The lowest was 7.50% per year. And the median was 9.60% per year.

As of today (2025-06-25), TE Connectivity's current stock price is $167.87. TE Connectivity's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $6.32. TE Connectivity's Cyclically Adjusted Price-to-FCF of today is 26.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TE Connectivity was 38.61. The lowest was 14.86. And the median was 25.50.


TE Connectivity Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TE Connectivity's Cyclically Adjusted FCF per Share 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 FCF per Share Chart

TE Connectivity Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 4.28 4.80 5.46 5.98

TE Connectivity Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share 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 5.66 5.91 5.98 6.20 6.32

Competitive Comparison of TE Connectivity's Cyclically Adjusted FCF per Share

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.


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TE Connectivity Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, TE Connectivity's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.41/123.4051*123.4051
=1.410

Current CPI (Mar. 2025) = 123.4051.

TE Connectivity Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.121 100.573 1.375
201509 1.151 100.274 1.417
201512 0.644 99.676 0.797
201603 0.065 99.676 0.080
201606 1.573 101.072 1.921
201609 1.403 100.274 1.727
201612 0.763 99.676 0.945
201703 1.008 100.374 1.239
201706 1.006 100.673 1.233
201709 1.820 100.474 2.235
201712 0.321 100.075 0.396
201803 0.494 100.573 0.606
201806 1.608 101.072 1.963
201809 1.891 101.371 2.302
201812 0.253 100.773 0.310
201903 1.074 101.670 1.304
201906 1.540 102.168 1.860
201909 2.074 102.268 2.503
201912 0.697 102.068 0.843
202003 1.042 102.367 1.256
202006 0.758 101.769 0.919
202009 1.821 101.072 2.223
202012 1.495 101.072 1.825
202103 1.311 102.367 1.580
202106 1.538 103.364 1.836
202109 1.616 104.859 1.902
202112 1.091 106.653 1.262
202203 0.716 109.245 0.809
202206 1.154 112.779 1.263
202209 2.288 113.504 2.488
202212 1.248 115.436 1.334
202303 1.399 117.609 1.468
202306 1.934 119.662 1.994
202309 3.006 120.749 3.072
202312 1.815 120.749 1.855
202403 1.752 120.990 1.787
202406 2.782 122.318 2.807
202409 2.709 121.594 2.749
202412 2.236 122.439 2.254
202503 1.410 123.405 1.410

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


TE Connectivity  (NYSE:TEL) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=167.87/6.32
=26.56

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TE Connectivity was 38.61. The lowest was 14.86. And the median was 25.50.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


TE Connectivity Cyclically Adjusted FCF per Share Related Terms

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


TE Connectivity Business Description

Industry
Traded in Other Exchanges
Address
Parkmore Business Park West, Parkmore, Ballybrit, Galway, IRL, H91VN2T
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.
Executives
John S Jenkins officer: EVP & General Counsel 1050 WESTLAKES DRIVE, BERWYN PA 19312
Malavika Sagar officer: SVP, Chief Human Resources Off 1050 WESTLAKES DRIVE, BERWYN PA 19312
Heath A Mitts officer: EVP & Chief Financial Officer 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Aaron Kyle Stucki officer: Pres. Communications Solutions 1050 WESTLAKES DRIVE, BERWYN PA 19312
Shadrak W Kroeger officer: Pres., Communications Solution 1050 WESTLAKES DRIVE, BERWYN PA 19312
Laura Wright director 2702 LOVE FIELD DRIVE, P.O. BOX 36611, DALLAS TX 75235-1611
Terrence R Curtin director, officer: EVP & Chief Financial Officer C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
Robert J Ott officer: Sr VP & Controller C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Mark Trudeau director COVIDIEN PLC, 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Steven T Merkt officer: President, Transportation Sol. 1050 WESTLAKES DRIVE, BERWYN PA 19312
Jean-pierre Clamadieu director 1050 WESTLAKES DRIVE, BERWYN PA 19312
Abhijit Y Talwalkar director ONE AMD PLACE, PO BOX 3453, SUNNYVALE CA 94088
Tim Murphy officer: SVP & CHRO 1050 WESTLAKES DRIVE, BERWYN PA 19312
Thomas J Lynch director, officer: Chief Executive Officer 7 LAKEVIEW DRIVE, NEWTOWN PA 19840
Syaru Shirley Lin director