TE Connectivity PLC
TELHIGH VELOCITYFILING INTENSITYTE Connectivity PLC reads as an High Velocity (composite 70/100); Platform Builder deploying $3B across 5 disclosed transactions, up 362% vs the prior cycle · primary market Semis & Hardware, ranked #8 on disclosed spend.
Lens
Disclosed M&A capital (2023–2025)
$3.1B
vs $667M in 2020–2022
Disclosed transactions
5
3/3 active fiscal years in window
Buyer archetype
Platform Builder
Large and recent disclosed spend expands platforms or service-line scale.
Composite score
70
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $10.5B disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 32d
- 285 8-Ks
Target Probability
Issuers showing target-side patterns from filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 5 spin pre-registrations
- Latest event 19y ago; heavily discounted
Pressure Watch
Issuers facing activism, governance, or control pressure
Distress Watch
Issuers showing financial-distress filing patterns
Restatement Risk
Issuers with accounting-integrity flags from filings
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 285 8-Ks
- 4 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $64.7B
- 10-Q 32d ago
- 3 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $2,628M · Peak count: 5
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | 3 | $2.6B | $876M | N/A |
| 2024 | 1 | $344M | $344M | N/A |
| 2023 | 1 | $110M | $110M | N/A |
| 2022 | 3 | $245M | $82M | N/A |
| 2021 | 4 | $422M | $106M | N/A |
| 2020 | 5 | N/A | N/A | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Geographic Expansion50%
- Horizontal Consolidation50%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- geographic_expansion
- horizontal_consolidation
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“We maintain distribution centers around the world. Products are generally delivered to the distribution centers by our manufacturing facilities and then subsequently delivered to the customer.”
“Our global coverage positions us near our customers’ locations and allows us to assist them in consolidating their supply base and lowering their production costs.”
“During fiscal 2022, we acquired three businesses for a combined cash purchase price of $245 million, net of cash acquired.”
“We contract with a wide range of transport providers to deliver our products globally via road, rail, sea, and air.”
“The acquisitions were reported as part of our Communications Solutions segment from the date of acquisition.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Semis & Hardware
- Market spend (2023–2025)
- $118.8B
- Market spend (2020–2022)
- $89.3B
- Recent vs prior
- +33%
- Issuer rank in market
- #8 of 191
- Share of market capital
- 2.0%
Valuation positioning
TEL trades at a -6.1-turn discount to the Semis & Hardware peer median of 20.6×.
- EV / Revenue
- 3.5×
- Net debt / EBITDA
- -0.2×
- Peer median EV / EBITDA
- 20.6×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
Entegris, Inc.ENTG | 30.8× | 8.0× | 3.8× | $3.2B | $6B |
| 21.7× | 6.6× | -0.1× | $25.9B | $6.9B | |
| 19.5× | 4.5× | 2.8× | $4.7B | $1.8B | |
Qualcomm Inc.QCOM | 18.1× | 5.4× | -0.4× | $44.5B | $997M |
TE Connectivity PLCTEL | 14.5× | 3.5× | -0.2× | $18.5B | $3.1B |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Semis & Hardware. Bars scaled to the highest EV/EBITDA in the set.
Target landscape.
Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.
No qualifying public-issuer targets surfaced from the current signal mix.
Stated target categories
No target categories enumerated in the audited corpus for this issuer.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)202025-11-10
- 10-Q (quarterly)572026-04-24
- 8-K (event)2852026-04-22
- Proxy / DEF 14A562026-01-15
- Activism (13D / DFAN / PREC)0N/A
Signals on file
- elevated
Spin registration
2007-06-075 Form 10-12 filings on file; pre-spin registration.
- info
Signal
Serial acquisition history
- info
Signal
10-K strategy themes
- info
Signal
Spin/Carve candidate
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.