Amphenol Corp vs TE Connectivity plc

Amphenol Corp (APH) is undervalued and TE Connectivity plc (TEL) is undervalued.

Against our estimates of intrinsic value, TEL trades at the wider discount: a margin of safety of +63%, against +38% for APH.

Values as of the 22 Sept 2026 close.

Amphenol Corp (APH)

A 11.4x revenue multiple, adjusted for growth and margin, values the shares at $133.20; the price of $82.84 is 38% below that value.

Leak Score 81/100 on 10 of 12 signals

TE Connectivity plc (TEL)

A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $571.63; the price of $213.48 is 63% below that value.

Leak Score 100/100 on 3 of 12 signals

MetricAPHTEL
VerdictUndervaluedUndervalued
Price$82.84$213.48
Intrinsic value$133.20$571.63
Margin of safety+38%+63%
Leak Score81/100 (10/12)100/100 (3/12)
Market cap$204.3B$61.8B
Revenue growth, 5 years21.9%7.2%
Operating margin28.1%21.2%
Net margin17.7%15.6%
Return on equity38.1%23.6%
Debt to equity1.210.43
P/E41.5x20.9x
Forward P/E25.6x16.4x
P/B13.2x4.7x
Dividend yield0.6%1.3%

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