TEL TEL

Name: TEL Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored March 19, 2026

Price at analysis: $207.42

Crucible Score

59.1

C+

Quality × Value Composite

KQI — Quality

63.7

B-

Fundamental Quality Index

KVI — Value

53.5

C-

Valuation Attractiveness Index

Crucible Verdict — TEL

TEL earns a modest C+ rating, weighed down by weak growth prospects and limited diversification despite solid financial quality and strong management execution under CEO Bar Lanny. The stock trades near fair value at $207 versus a $219 base case, offering little margin of safety. Growth acceleration remains the key catalyst for meaningful upside beyond current valuations.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

70.5

Growth Profile

46.4

Moat Durability

60.3

Management Effectiveness

76.1

Diversification & Resilience

49.2

Market Position

66.0

Weakest dimension: Growth Profile (46.4)

◆ KVI Value Dimensions

DCF Margin of Safety

59.3

FCF Yield & Cash Returns

60.3

Relative Valuation

77.4

Growth-Adjusted Value

18.0

Historical Valuation

31.2

Macro Context

63.7

◆ DCF Valuation Scenarios

Bear Case

$155.38

Base Case

$218.74

Bull Case

$305.12

Price at Analysis

$207.42

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$155.38	3.0%	16.5%	11.2%
🟢 Base	$218.74	5.0%	18.0%	10.4%
🟢 Bull	$305.12	7.0%	19.5%	9.7%

Key Assumptions: Revenue base of ~$17.1B with 5-year historical CAGR of ~3.5%; WACC derived from CAPM with 5.5% ERP and 1.25 beta yielding ~11.3% cost of equity, blended with after-tax cost of debt (~4.5%) at ~30% debt weight. Tax rate normalized to 15% reflecting recent trend away from the anomalous 42.5% and negative years, and capex intensity held near historical 5% of revenue. Operating margins anchored to the 17-19% historical range with modest expansion in bull case reflecting mix shift toward higher-margin connectors.

◆ Financial Snapshot

Profitability

Gross Margin34.9%

Operating Margin18.8%

Net Margin11.5%

ROIC10.0%

ROE18.1%

Balance Sheet

Balance SheetCR: 1.65

Cash ConversionFCF/EPS: 1.52x

Capital IntensityCapex/Rev: 5.5%

Altman Z-Score5.01 (Safe)

Piotroski F-Score7/9 (Good)

Growth

Revenue CAGR3.7% CAGR

Earnings CAGR-5.0% CAGR

Growth ConsistencyCV: 2.09

Segment Breadth1/2 growing (50%)

Quarterly TrendRev↑, Margin↑

Earnings CredibilityConsistent Beater

◆ Analyst Consensus & Leadership

Leadership & Governance

CEOBar Lanny · 6 years

CEO Ownership6.3%

Compensation66% performance-based

Insider ActivitySelling

Capital AllocationROIC 10.0% vs WACC 0.9%

Earnings Beat Rate86% (17/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted March 19, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.