TEL:EURONEXT OSLOTelenor ASA Analysis

TE Connectivity trades around $199, well below its DCF‑derived fair value of $206 and enjoys a 38% upside potential, indicating an undervalued position. The stock’s trailing PE of 28.7 is below the industry average of 33.7, while revenue is expanding at a robust 21.7% YoY and forward EPS is projected to jump to $12.37, more than double the trailing $6.94, underscoring strong growth momentum. Dividend sustainability looks solid with a 40% payout ratio, healthy operating cash flow of $4.13 bn and a modest 1.46% yield.
Technical indicators show the price sitting beneath the 20‑day (220), 50‑day (225) and 200‑day (212) SMAs, signaling a short‑term bearish bias, yet the RSI of 34.7 points to oversold conditions near the $197 support level. Recent news highlights an AI‑driven revenue surge, a $750 m senior notes refinancing and a new $3 bn revolving credit facility, all complemented by analyst upgrades to Outperform and Strong Buy, which together reinforce a medium‑to‑long‑term bullish case despite the current volatility and beta of 1.25.