Sensata Technologies Holding plc

TechnologyHardware, Equipment & PartsNYSE

$44.51

Market Cap: $6.47B

Sensata Technologies Holding plc (ST) Valuation Summary

Updated Apr 21, 2026 22:14

Model	Range	Fair Value	Upside
▸ Discounted Cash Flow
Growth Exit 5Y	$15.75 – $99.75	$32.86	-19.8%
Growth Exit 10Y	$14.83 – $84.82	$29.35	-28.4%
EBITDA Exit 5Y	$53.72 – $101.23	$75.58	+84.4%
EBITDA Exit 10Y	$41.15 – $90.37	$62.34	+52.1%
▸ Trading Multiples
P/E	$4.78 – $8.77	$46.62	+13.8%
EV/EBITDA	$34.76 – $89.67	$58.52	+42.8%
EV/Revenue	$40.06 – $88.33	$73.70	+79.8%
▸ PEG
PEG Fair Value	$90.96 – $90.96	$90.96	+122.0%
▸ Earnings Power Value
Earnings Power Value	$11.03 – $24.40	$16.39	-60.0%
▸ Dividend Discount
Dividend Discount	$6.46 – $13.50	$8.97	-78.1%

Valuation History

DCF Analysis

Fair Value

$32.86

Market Price

$44.51

Upside / Downside

-26.2%

Verdict

Overvalued

Using an unlevered Free Cash Flow to Firm (FCFF) model, we project Sensata Technologies Holding plc's cash flows over 5 years with line-by-line expense modeling. Revenue is projected revenue growing from 3.0% to -0.7% annually, with expenses (COGS, SG&A, R&D) held at historical ratios. Depreciation is computed from a vintage matrix based on a 5-year useful life. Working capital is modeled using historical turnover days (DSO 64, DPO 58, DIO 82). At a 7.5% WACC with mid-year discounting, the terminal value (80% of enterprise value) is derived from the Gordon Growth Model on Year 6 FCFF at a 2.5% perpetual rate. After subtracting net debt, the equity value implies a fair price of $32.86 per share, suggesting ST is overvalued by 26.2% at the current price of $44.51.

FCFF Present Value Calculation

WACC

7.55%

3% – 20%

Terminal Growth

2.50%

0% – 6%

Forecast Period

5 Yrs

+ Terminal Year

Adjust parameters to explore scenarios. Changes are for exploration only and do not affect saved valuations.

Currency: USD Millions

	2026	2027	2028	2029	2030	Terminal
Profit Before Tax	372	388	407	454	451	462
(−) Net Interest	164	171	180	201	199	204
(+) D&A	154	155	156	152	156	160
EBITDA	690	714	742	807	807	827

(−) Tax	186	194	203	227	225	231
(−) CapEx	149	156	163	182	181	186
(−) ΔWC	-12	36	43	109	-7	-8
Free Cash Flow (FCFF)	366	328	333	288	407	418

Terminal Value						8,263
WACC / Discount Rate	7.5%
Long-term Growth Rate	2.5%

Timing of FCF (mid year)	0.5	1.5	2.5	3.5	4.5	5
Present Value of FCF	353	294	277	223	294	5,741

Enterprise Value	7,183
Projection Period	1,442	20.1%
Terminal Value	5,741	79.9%

(−) Current Net Debt	2,350

Equity Value	4,833
(/) Outstanding Shares	147

Fair Price	$32.86

Sensitivity Analysis

WACC \ Terminal Growth Rate	1.5%	2.0%	2.5%	3.0%	3.5%
5.6%	$48	$55	$65	$79	$100
6.6%	$35	$39	$45	$52	$62
7.6%	$26	$29	$33	$37	$42
8.6%	$20	$22	$25	$28	$31
9.6%	$16	$17	$19	$21	$23

Current price: $44.51. Green = undervalued, Red = overvalued.

Fair Value

$29.35

Market Price

$44.51

Upside / Downside

-34.1%

Verdict

Overvalued

Using an unlevered Free Cash Flow to Firm (FCFF) model, we project Sensata Technologies Holding plc's cash flows over 10 years with analyst estimates for the first 3–5 years, fading toward long-term GDP growth for the remaining years with line-by-line expense modeling. Revenue is projected revenue growing from 3.0% to 2.3% annually, with expenses (COGS, SG&A, R&D) held at historical ratios. Depreciation is computed from a vintage matrix based on a 5-year useful life. Working capital is modeled using historical turnover days (DSO 64, DPO 58, DIO 82). At a 7.5% WACC with mid-year discounting, the terminal value (60% of enterprise value) is derived from the Gordon Growth Model on Year 11 FCFF at a 2.5% perpetual rate. After subtracting net debt, the equity value implies a fair price of $29.35 per share, suggesting ST is overvalued by 34.1% at the current price of $44.51.

FCFF Present Value Calculation

WACC

7.55%

3% – 20%

Terminal Growth

2.50%

0% – 6%

Forecast Period

5 Yrs

+ Terminal Year

Adjust parameters to explore scenarios. Changes are for exploration only and do not affect saved valuations.

Currency: USD Millions

	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Profit Before Tax	372	388	407	454	451	448	448	451	458	469	480
(−) Net Interest	164	171	180	201	199	198	198	200	203	207	212
(+) D&A	154	155	156	152	156	166	172	177	181	181	186
EBITDA	690	714	742	807	807	812	818	828	842	857	878

(−) Tax	186	194	203	227	225	224	224	226	229	234	240
(−) CapEx	149	156	163	182	181	180	180	181	184	188	193
(−) ΔWC	-12	36	43	109	-7	-7	0	8	16	24	24
Free Cash Flow (FCFF)	366	328	333	288	407	416	414	413	413	411	421

Terminal Value											8,330
WACC / Discount Rate	7.5%
Long-term Growth Rate	2.5%

Timing of FCF (mid year)	0.5	1.5	2.5	3.5	4.5	5.5	6.5	7.5	8.5	9.5	5
Present Value of FCF	353	294	277	223	294	278	258	239	222	206	4,021

Enterprise Value	6,667
Projection Period	2,646	39.7%
Terminal Value	4,021	60.3%

(−) Current Net Debt	2,350

Equity Value	4,317
(/) Outstanding Shares	147

Fair Price	$29.35

Sensitivity Analysis

WACC \ Terminal Growth Rate	1.5%	2.0%	2.5%	3.0%	3.5%
5.6%	$45	$51	$58	$69	$85
6.6%	$33	$36	$40	$45	$52
7.6%	$25	$27	$29	$32	$36
8.6%	$19	$20	$22	$24	$26
9.6%	$15	$16	$17	$18	$20

Current price: $44.51. Green = undervalued, Red = overvalued.

Fair Value

$75.56

Market Price

$44.51

Upside / Downside

+69.8%

Verdict

Undervalued

Using an unlevered Free Cash Flow to Firm (FCFF) model, we project Sensata Technologies Holding plc's cash flows over 5 years with line-by-line expense modeling. Revenue is projected revenue growing from 3.0% to -0.7% annually, with expenses (COGS, SG&A, R&D) held at historical ratios. Depreciation is computed from a vintage matrix based on a 5-year useful life. Working capital is modeled using historical turnover days (DSO 64, DPO 58, DIO 82). At a 7.5% WACC with mid-year discounting, the terminal value (89% of enterprise value) is derived by applying the industry peer median EV/EBITDA multiple of 20.9x to Year 6 EBITDA. After subtracting net debt, the equity value implies a fair price of $75.58 per share, suggesting ST is undervalued by 69.8% at the current price of $44.51.

FCFF Present Value Calculation

WACC

7.55%

3% – 20%

EV/EBITDA Exit Multiple

20.93x

1x – 40x

Forecast Period

5 Yrs

+ Terminal Year

Adjust parameters to explore scenarios. Changes are for exploration only and do not affect saved valuations.

Currency: USD Millions

	2026	2027	2028	2029	2030	Terminal
Profit Before Tax	372	388	407	454	451	462
(−) Net Interest	164	171	180	201	199	204
(+) D&A	154	155	156	152	156	160
EBITDA	690	714	742	807	807	827

(−) Tax	186	194	203	227	225	—
(−) CapEx	149	156	163	182	181	—
(−) ΔWC	-12	36	43	109	-7	—
Free Cash Flow (FCF)	366	328	333	288	407	—

Peers' EBITDA Multiple						20.9x
Terminal Value						17,305
WACC / Discount Rate	7.55%

Timing of FCF (mid year)	0.5	1.5	2.5	3.5	4.5	5
Present Value of FCF	353	294	277	223	294	12,023

Enterprise Value	13,465
Projection Period	1,442	10.7%
Terminal Value	12,023	89.3%

(−) Current Net Debt	2,350
Equity Value	11,116
(÷) Outstanding Shares	147M
Fair Price	$76	+69.8%

Sensitivity Analysis

WACC \ EV/EBITDA Exit Multiple	16.9x	18.9x	20.9x	22.9x	24.9x
5.6%	$67	$75	$84	$93	$101
6.6%	$63	$72	$80	$88	$96
7.6%	$60	$68	$76	$83	$91
8.6%	$57	$64	$72	$79	$87
9.6%	$54	$61	$68	$75	$82

Current price: $44.51. Green = undervalued, Red = overvalued.

Based on default parameters

Fair Value

$62.34

Market Price

$44.51

Upside / Downside

+40.0%

Verdict

Undervalued

Using an unlevered Free Cash Flow to Firm (FCFF) model, we project Sensata Technologies Holding plc's cash flows over 10 years with analyst estimates for the first 3–5 years, fading toward long-term GDP growth for the remaining years with line-by-line expense modeling. Revenue is projected revenue growing from 3.0% to 2.3% annually, with expenses (COGS, SG&A, R&D) held at historical ratios. Depreciation is computed from a vintage matrix based on a 5-year useful life. Working capital is modeled using historical turnover days (DSO 64, DPO 58, DIO 82). At a 7.5% WACC with mid-year discounting, the terminal value (77% of enterprise value) is derived by applying the industry peer median EV/EBITDA multiple of 20.9x to Year 11 EBITDA. After subtracting net debt, the equity value implies a fair price of $62.34 per share, suggesting ST is undervalued by 40.1% at the current price of $44.51.

FCFF Present Value Calculation

WACC

7.55%

3% – 20%

EV/EBITDA Exit Multiple

20.93x

1x – 40x

Forecast Period

5 Yrs

+ Terminal Year

Adjust parameters to explore scenarios. Changes are for exploration only and do not affect saved valuations.

Currency: USD Millions

	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Profit Before Tax	372	388	407	454	451	448	448	451	458	469	480
(−) Net Interest	164	171	180	201	199	198	198	200	203	207	212
(+) D&A	154	155	156	152	156	166	172	177	181	181	186
EBITDA	690	714	742	807	807	812	818	828	842	857	878

(−) Tax	186	194	203	227	225	224	224	226	229	234	—
(−) CapEx	149	156	163	182	181	180	180	181	184	188	—
(−) ΔWC	-12	36	43	109	-7	-7	0	8	16	24	—
Free Cash Flow (FCF)	366	328	333	288	407	416	414	413	413	411	—

Peers' EBITDA Multiple											20.9x
Terminal Value											18,382
WACC / Discount Rate	7.55%

Timing of FCF (mid year)	0.5	1.5	2.5	3.5	4.5	5.5	6.5	7.5	8.5	9.5	5
Present Value of FCF	353	294	277	223	294	278	258	239	222	206	8,874

Enterprise Value	11,519
Projection Period	2,646	23.0%
Terminal Value	8,874	77.0%

(−) Current Net Debt	2,350
Equity Value	9,170
(÷) Outstanding Shares	147M
Fair Price	$62	+40.0%

Sensitivity Analysis

WACC \ EV/EBITDA Exit Multiple	16.9x	18.9x	20.9x	22.9x	24.9x
5.6%	$63	$70	$76	$83	$90
6.6%	$56	$63	$69	$75	$82
7.6%	$51	$57	$62	$68	$74
8.6%	$46	$51	$56	$62	$67
9.6%	$41	$46	$51	$56	$60

Current price: $44.51. Green = undervalued, Red = overvalued.

Based on default parameters

Trading Multiples

Fair Value

$46.62

Market Price

$44.51

Upside / Downside

+4.8%

Verdict

Undervalued

Using the industry peer median P/E Multiples multiple (trailing + forward), Sensata Technologies Holding plc (ST) has a fair value of $46.62 based on 9 comparable companies in the Hardware, Equipment & Parts industry.

P/E Valuation — Hardware, Equipment & Parts

USD in millions except Fair Price. Subject company highlighted.

	Mkt Cap ($M)	Trailing P/E	Forward P/E
Sensata Technologies Holding plcST	6,547	212.0x	13.0x
Vicor CorporationVICR	11,091	94.3x	—
Plexus Corp.PLXS	6,391	38.1x	43.9x
Vontier CorporationVNT	5,200	13.3x	11.5x
Belden Inc.BDC	5,164	22.4x	21.6x
OSI Systems, Inc.OSIS	4,890	34.1x	36.7x
Novanta Inc.NOVT	4,725	90.1x	76.4x
Itron, Inc.ITRI	4,173	14.5x	15.6x
Badger Meter, Inc.BMI	3,528	25.2x	25.1x
Box, Inc.BOX	3,485	41.2x	14.3x
Industry Median		34.1x	23.3x
(*) Profit after tax		31	505
Equity Value		1,067	12,650
(/) Outstanding shares		147	147
Fair Price		$7	$86

Selected Fair Value (avg of trailing + forward)

$46.62

+4.8%

Fair Value

$58.52

Market Price

$44.51

Upside / Downside

+31.5%

Verdict

Undervalued

Using the industry peer median EV/EBITDA multiple (trailing + forward), Sensata Technologies Holding plc (ST) has a fair value of $58.52 based on 9 comparable companies in the Hardware, Equipment & Parts industry.

EV/EBITDA Valuation — Hardware, Equipment & Parts

USD in millions except Fair Price. Subject company highlighted.

	Mkt Cap ($M)	Trailing EV/EBITDA	Forward EV/EBITDA
Sensata Technologies Holding plcST	6,547	16.8x	15.9x
Vicor CorporationVICR	11,091	92.8x	—
Plexus Corp.PLXS	6,391	22.6x	23.2x
Vontier CorporationVNT	5,200	10.0x	10.1x
Belden Inc.BDC	5,164	14.1x	15.6x
OSI Systems, Inc.OSIS	4,890	20.9x	23.5x
Novanta Inc.NOVT	4,725	30.6x	33.4x
Itron, Inc.ITRI	4,173	11.6x	11.3x
Badger Meter, Inc.BMI	3,528	14.8x	14.6x
Box, Inc.BOX	3,485	29.4x	31.7x
Industry Median		20.9x	19.4x
(*) EBITDA		529	558
= Enterprise Value		11,069	10,846
(-) Net Debt		2,350	2,350
Equity Value		8,720	8,496
(/) Outstanding shares		147	147
Fair Price		$59	$58

Selected Fair Value (avg of trailing + forward)

$58.52

+31.5%

Fair Value

$73.70

Market Price

$44.51

Upside / Downside

+65.6%

Verdict

Undervalued

Using the industry peer median EV/Revenue multiple (trailing + forward), Sensata Technologies Holding plc (ST) has a fair value of $73.70 based on 10 comparable companies in the Hardware, Equipment & Parts industry.

EV/Revenue Valuation — Hardware, Equipment & Parts

USD in millions except Fair Price. Subject company highlighted.

	Mkt Cap ($M)	Trailing EV/Revenue	Forward EV/Revenue
Sensata Technologies Holding plcST	6,547	2.4x	2.3x
Vicor CorporationVICR	11,091	26.2x	30.2x
Plexus Corp.PLXS	6,391	1.6x	1.6x
Vontier CorporationVNT	5,200	2.2x	2.3x
Belden Inc.BDC	5,164	2.3x	2.6x
OSI Systems, Inc.OSIS	4,890	3.2x	3.6x
Novanta Inc.NOVT	4,725	4.8x	5.2x
Itron, Inc.ITRI	4,173	1.9x	1.8x
Badger Meter, Inc.BMI	3,528	3.6x	3.6x
Box, Inc.BOX	3,485	3.5x	3.8x
Workiva Inc.WK	3,195	4.1x	5.0x
Industry Median		3.4x	3.6x
(*) Revenue		3,705	3,910
= Enterprise Value		12,414	13,967
(-) Net Debt		2,350	2,350
Equity Value		10,064	11,617
(/) Outstanding shares		147	147
Fair Price		$68	$79

Selected Fair Value (avg of trailing + forward)

$73.70

+65.6%

PEG Fair Value

Fair Value

$90.96

Market Price

$44.51

Upside / Downside

+104.3%

Verdict

Undervalued

Using the PEG framework with analyst consensus forward EPS growth of 25.0% plus 1.2% dividend yield, the company has a fair value of $90.96 based on NTM EPS (FY2026) of $3.64. The current PEG ratio is 0.06.

PEG Ratio

0.06Deep Value

01.02.03.0+

PEG = P/E ÷ (Growth + Yield) = 11.3 ÷ (173.8% + 1.2%) = 0.06

PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.

Growth Category: Fast GrowerPEG moderately applicable

Growth above 25% is capped — hypergrowth may not be sustainable long-term.

Fair Value Calculation

EPS Growth RateForward	173.8%
Dividend Yield	+1.2%
Adjusted Growth (clamped 8–25%)Clamped	25.0%
Fair P/E	25.0x
NTM EPS (FY2026)	$3.64
Fair Value	$90.96

Growth Analysis

Forward GrowthActive

Period	EPS Est.	Growth	Analysts
FY2025 (actual)	$0.21	—	—
FY2026E	$3.64	+1632.5%	9
FY2027E	$3.94	+8.2%	8
FY2028E	$4.31	+9.5%	5

3Y Forward EPS CAGR: 173.8%

Historical Growth

Year	Net Income	EPS	YoY
FY2021	$363.6M	$2.28	—
FY2022	$310.7M	$1.99	-12.7%
FY2023	$-3.9M	$-0.03	-101.3%
FY2024	$128.5M	$0.85	—
FY2025	$31.3M	$0.21	-75.3%

4Y Historical EPS CAGR: -44.9%

Earnings Power Value

Fair Value

$16.39

Market Price

$44.51

Upside / Downside

-63.2%

Verdict

Overvalued

Using the Earnings Power Value framework with a WACC of 7.6% and normalized earnings of $359.6M, the company has a fair value of $16.39 per share. The EPV range is $11.03 – $24.40 based on WACC sensitivity (6.1% – 9.1%).

Currency: USD Millions

	Low	Selected	High
Normalized Earnings	360	360	360
(/) WACC	9.1%	7.6%	6.1%
Enterprise Value	3,971	4,760	5,939
(-) Net debt	2,350	2,350	2,350
Equity Value	1,622	2,410	3,590
(/) Outstanding shares	147	147	147
Fair Price	$11.03	$16.39	$24.40

Dividend Discount Model

Fair Value

$8.97

Market Price

$44.51

Upside / Downside

-79.8%

Verdict

Overvalued

Using the Two-Stage Dividend Discount Model with a Cost of Equity of 9.9% and projected dividend growth of 9.7%, the fair value is $8.97 per share. The DDM range is $6.46 – $13.50 based on sensitivity analysis across Cost of Equity and growth rate assumptions.

Dividend Profile

Current DPS

$0.48

Dividend Yield

1.18%

Payout Ratio

224.9%

Dividend Coverage

0.44x

FCF Payout Ratio14.4%

DPS CAGR (3Y)13.5%

Historical Dividends Per Share

Year	DPS	Payout Ratio	YoY Growth
2025	$0.48	224.9%	-0.1%
2024	$0.48	56.2%	+1.8%
2023	$0.47	—	+43.6%
2022	$0.33	16.4%	—
2021	—	0.0%	—

Dividend Projections (5-Year)

Year	Projected DPS	Growth	Discount Factor	Present Value
2026	$0.52	9.7%	0.9101	$0.48
2027	$0.58	9.7%	0.8283	$0.48
2028	$0.63	9.7%	0.7538	$0.48
2029	$0.69	9.7%	0.6861	$0.48
2030	$0.76	9.7%	0.6244	$0.47
Terminal Value	$0.78 DPS	2.5%		$6.59

PV of Projected Dividends$2.38

PV of Terminal Value$6.59

Fair Value per Share$8.97

Sensitivity Analysis

Fair value under different Cost of Equity (rows) and DPS Growth Rate (columns) assumptions.

Ke \ Growth	7.7%	8.7%	9.7%	10.7%	11.7%
7.9%	$11	$12	$12	$13	$14
8.9%	$10	$10	$10	$11	$11
9.9%	$8	$9	$9	$9	$10
10.9%	$7	$8	$8	$8	$9
11.9%	$6	$7	$7	$7	$8

Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.