NVT vs ETN vs TEL Stock Comparison

nVent Electric, Eaton and TE Connectivity Prices as of Oct 26, 2026 Peers: Industry group
NVT nVent Electric plc
$129.17 -21.4% 1M +26.4% 1Y
Market cap
$21.73B
P/E
36.3x
Revenue (TTM)
$4.83B
Div. yield
0.01%
Electrical Equipment Industrials
3 wins
ETN Eaton Corp plc
$371.81 -15.5% 1M -1.2% 1Y
Market cap
$149.09B
P/E
38.9x
Revenue (TTM)
$30.03B
Div. yield
–
Electrical Equipment Industrials
1 win
TEL TE Connectivity plc
$213.88 -2.2% 1M -9.2% 1Y
Market cap
$65.43B
P/E
21.7x
Revenue (TTM)
$19.32B
Div. yield
0.01%
Electrical Equipment Industrials
8 wins

Head to Head

12 decided of 12

TE Connectivity leads on 8 of the 12 questions below (TE Connectivity 8, nVent Electric 3, Eaton 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNVTETNTELLeader
Larger companyMarket capitalisation $21.73B $149.09B $65.43B ETN
Cheaper on earningsLower P/E, profitable companies only 36.3x 38.9x 21.7x TEL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.9x 26.8x 20.0x TEL
Faster revenue growthRevenue growth, trailing twelve months +46.2% +15.5% +16.5% NVT
More profitableNet margin, trailing twelve months 12.4% 12.8% 15.6% TEL
Better return on capitalReturn on invested capital 11.9% 10.3% 16.2% TEL
Less leveragedLower net debt / EBITDA 1.2x 3.1x 0.9x TEL
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.01% TEL
Better 1-year returnPrice return, last 12 months +26.4% -1.2% -9.2% NVT
Better 5-year returnAnnualised price return, 5 years +32.0%/yr +18.4%/yr +8.4%/yr NVT
Less volatileAnnualised volatility, 1 year 50.1% 40.6% 35.9% TEL
Higher overall scoreMean of the five percentile scores vs peers 59/100 45/100 76/100 TEL

Percentile Scorecard

NVTETNTEL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNVTETNTEL
Valuation 28 #147 of 203 14 #174 of 203 60 #81 of 203
Growth 89 #21 of 187 73 #51 of 187 86 #28 of 187
Profitability 76 #46 of 185 75 #47 of 185 93 #14 of 185
Financial Health 62 #83 of 219 20 #175 of 219 66 #76 of 219
Shareholder Returns 42 #89 of 153 45 #85 of 153 74 #41 of 153
Overall 59 45 76
  • NVT ranked among 222 companies in Machinery
  • ETN ranked among 222 companies in Machinery
  • TEL ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNVTETNTELSPY
1 month -21.4%-15.5%-2.2% -0.8%
3 months -13.5%-6.7%+3.0% +3.5%
6 months -8.8%-10.8%+2.1% +7.0%
Year to date +26.7%+16.7%-6.0% +12.2%
1 year +26.4%-1.2%-9.2% +13.0%
3 years +181.5%+90.4%+85.2% +86.3%
3 years, per year +41.2%+24.0%+22.8% +23.1%
5 years +299.9%+132.2%+49.7% +68.6%
5 years, per year +32.0%+18.4%+8.4% +11.0%
10 years —+479.1%+240.6% +258.0%
10 years, per year —+19.2%+13.0% +13.6%

Risk

MeasureNVTETNTELSPY
Volatility, 1Y 50.1%40.6%35.9% 12.7%
Downside volatility, 1Y 56.9%43.6%39.2% 12.7%
Beta vs S&P 500, 1Y 2.231.861.62 1.00
Return / volatility, 1Y 0.53-0.03-0.26 1.02
Max drawdown, 5Y -47.1%-34.7%-35.2% -25.4%
From 52-week high -29.9%-19.2%-14.1% -1.8%
52-week high $184.34$459.94$249.00 $779.14
52-week low $94.99$315.82$195.84 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNVTETNTEL
P/E now vs peer median 34.9xmedian 26.0x 37.7xmedian 26.0x 20.6xmedian 26.0x
P/S now vs peer median 4.3xmedian 1.9x 4.8xmedian 1.9x 3.2xmedian 1.9x
EV/EBITDA now vs peer median 20.9xmedian 14.0x 25.3xmedian 14.0x 13.8xmedian 14.0x
P/FCF now vs peer median 31.7xmedian 21.4x 36.7xmedian 21.4x 18.7xmedian 21.4x
P/B now vs peer median 5.2xmedian 2.2x 7.1xmedian 2.2x 4.7xmedian 2.2x
PEG now vs peer median 1.72median 1.26 2.84median 1.26 1.25median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNVTETNTEL
Revenue $4.83B $30.03B $19.32B
Gross profit $1.79B $10.78B $6.98B
Operating income $826.50M $5.32B $3.81B
Net income $598.30M $3.83B $3.02B
Free cash flow $659.90M $3.93B $3.32B
R&D $89.10M $844.00M $919.00M
EPS (diluted) $3.65 $9.83 $10.29
Cash & equivalents $256.00M $483.00M $1.24B
Total debt $1.49B $20.61B $5.63B
Shares (diluted) 164.10M 389.50M 293.00M
Enterprise value $20.92B $146.27B $60.57B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNVTETNTEL
P/E 34.9x 37.7x 20.6x
P/FCF 31.7x 36.7x 18.7x
P/Operating cash flow 27.1x 29.2x 14.0x
P/S 4.3x 4.8x 3.2x
P/B 5.2x 7.1x 4.7x
P/Tangible book 9.5x 18.8x 5.5x
EV/EBITDA 20.9x 25.3x 13.8x
EV/EBIT 26.8x 30.9x 17.4x
EV/Revenue 4.6x 5.5x 3.4x
EV/FCF 33.6x 41.8x 20.0x
EV/Operating cash flow 28.7x 33.2x 15.0x
PEG (3Y EPS CAGR) 1.72 2.84 1.25

Growth

14 metrics
MetricNVTETNTEL
Revenue growth (1Y) 46.2% 15.5% 16.5%
Revenue CAGR (3Y) 26.0% 10.8% 5.7%
Gross profit growth (1Y) 37.9% 8.7% 20.3%
Gross profit CAGR (3Y) 23.8% 12.3% 10.9%
Operating income growth (1Y) 53.9% 8.7% 29.5%
Operating income CAGR (3Y) 29.0% 15.9% 17.9%
Net income growth (1Y) 2.1% -2.4% 107.3%
Net income CAGR (3Y) 9.3% 12.2% 13.4%
EPS growth (1Y) 1.8% -2.0% 110.8%
EPS CAGR (3Y) 20.3% 13.3% 16.5%
Operating cash flow growth (1Y) 33.9% 21.9% 17.5%
Operating cash flow CAGR (3Y) 17.4% 14.1% 14.6%
Free cash flow growth (1Y) 32.8% 20.1% 15.0%
Free cash flow CAGR (3Y) 15.8% 13.3% 14.9%

Profitability

14 metrics
MetricNVTETNTEL
Gross margin 37.0% 35.9% 36.1%
EBITDA margin 21.9% 21.7% 24.9%
Operating margin 17.1% 17.7% 19.7%
Pretax margin 15.7% 16.1% 19.5%
Net margin 12.4% 12.8% 15.6%
FCF margin 13.7% 13.1% 17.2%
Operating cash flow margin 16.0% 16.5% 22.9%
Return on equity 15.4% 19.1% 22.8%
Return on assets 8.5% 6.9% 11.7%
Return on invested capital 11.9% 10.3% 16.2%
Return on capital employed 13.9% 12.2% 18.0%
Asset turnover 0.7x 0.5x 0.7x
Cash conversion (OCF / net income) 1.3x 1.3x 1.5x
Stock comp / revenue 0.8% – 0.9%

Financial Health

11 metrics
MetricNVTETNTEL
Debt / assets 20.9% 36.7% 21.6%
Debt / equity 0.4x 1.0x 0.4x
Net debt / EBITDA 1.2x 3.1x 0.9x
Debt / FCF 2.3x 5.2x 1.7x
Liabilities / assets 44.2% 63.9% 49.2%
Equity / assets 55.8% 36.1% 50.8%
Interest coverage – 12.0x 31.3x
Current ratio 1.8x 1.2x 1.9x
Quick ratio 1.1x 0.7x 1.1x
Cash ratio 0.2x 0.1x 0.3x
Altman Z-score 5.57 3.61 5.09

Shareholder Returns

7 metrics
MetricNVTETNTEL
Dividend yield 0.7% 1.2% 1.4%
Net buyback yield 0.2% 0.4% 2.6%
Shareholder yield 0.9% 1.5% 4.0%
Payout ratio (earnings) 22.2% – 28.2%
Payout ratio (FCF) 20.1% – 25.7%
Dividend growth (1Y) 3.1% – 7.8%
Dividend CAGR (3Y) 4.3% – 5.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNVTETNTEL
Forward P/E 25.9xFY2026 26.8xFY2026 20.0xFY2026
EPS, next fiscal year $4.99FY2026 $13.88FY2026 $10.67FY2026
EPS growth, next FY +49.0%FY2026 +15.0%FY2026 +21.8%FY2026
EPS growth, the year after +29.3% +14.4% +15.1%
Revenue, next fiscal year $5.73BFY2026 $31.83BFY2026 $20.84BFY2026
Revenue growth, next FY +47.2%FY2026 +16.0%FY2026 +20.7%FY2026
Revenue growth, the year after +12.6% +21.7% +10.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNVTETNTEL
Held by institutions 90.7% 84.7% 94.1%
Institutions holding 969 2,640 1,281
Change in shares held, QoQ 0.0% +1.6% +3.0%
Institutions buying 554 1,398 608
Institutions selling 288 891 451
Buyers to sellers 1.92 1.57 1.35

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NVTETNTEL
NVT 1.00 0.78 0.47
ETN 0.78 1.00 0.51
TEL 0.47 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NVT, ETN and TEL?

Eaton (ETN) is the largest by market capitalisation: nVent Electric (NVT) $21.73B, Eaton (ETN) $149.09B, TE Connectivity (TEL) $65.43B.

Which stock is cheaper, NVT, ETN and TEL?

TE Connectivity (TEL) trades on the lowest price-to-earnings ratio (nVent Electric (NVT) 36.3x, Eaton (ETN) 38.9x, TE Connectivity (TEL) 21.7x). On next year's consensus earnings, TE Connectivity (TEL) is cheapest (nVent Electric (NVT) 25.9x, Eaton (ETN) 26.8x, TE Connectivity (TEL) 20.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

nVent Electric (NVT) grew revenue fastest over the trailing twelve months: nVent Electric (NVT) +46.2%, Eaton (ETN) +15.5%, TE Connectivity (TEL) +16.5%.

Which company is more profitable?

TE Connectivity (TEL) has the highest net margin (nVent Electric (NVT) 12.4%, Eaton (ETN) 12.8%, TE Connectivity (TEL) 15.6%). On return on invested capital, TE Connectivity (TEL) leads (nVent Electric (NVT) 11.9%, Eaton (ETN) 10.3%, TE Connectivity (TEL) 16.2%).

Which stock has performed better?

Over the past year nVent Electric (NVT) returned the most: nVent Electric (NVT) +26.4%, Eaton (ETN) -1.2%, TE Connectivity (TEL) -9.2%. Over five years, nVent Electric (NVT) compounded fastest (nVent Electric (NVT) +32.0%/yr, Eaton (ETN) +18.4%/yr, TE Connectivity (TEL) +8.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

TE Connectivity (TEL) has the highest dividend yield: nVent Electric (NVT) 0.01%, Eaton (ETN) 0.00%, TE Connectivity (TEL) 0.01%. Eaton (ETN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, TE Connectivity (TEL) has been the steadiest (nVent Electric (NVT) 50.1%, Eaton (ETN) 40.6%, TE Connectivity (TEL) 35.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NVT, ETN and TEL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, TE Connectivity (TEL) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.