Corning Inc (GLW) is overvalued 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 -206% for GLW.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.3% (average of 3 methods) values the shares at $52.22; the price of $159.69 is 206% above that value, and 72% of that value comes from beyond year five.
Leak Score 56/100 on 10 of 12 signals
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
| Metric | GLW | TEL |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $159.69 | $213.48 |
| Intrinsic value | $52.22 | $571.63 |
| Margin of safety | -206% | +63% |
| Leak Score | 56/100 (10/12) | 100/100 (3/12) |
| Market cap | $137.6B | $61.8B |
| Revenue growth, 5 years | 6.7% | 7.2% |
| Operating margin | 16.5% | 21.2% |
| Net margin | 11.2% | 15.6% |
| Return on equity | 16.1% | 23.6% |
| Debt to equity | 0.75 | 0.43 |
| P/E | 73.3x | 20.9x |
| Forward P/E | 36.7x | 16.4x |
| P/B | 11.5x | 4.7x |
| Dividend yield | 0.7% | 1.3% |