TE Connectivity (TEL) Stock May Be 21% Undervalued On Cash Flow

TE Connectivity stock has delivered a strong three year return, yet several valuation checks point to a market price that still sits below an internally estimated intrinsic value. With the shares recently around US$202, the question is how much of the company’s cash flow potential is already reflected in that level. Over the past three years TE Connectivity has returned about 63%, which puts recent short term softness into a longer running advance that investors will want to keep in...