TT ELECTRONICS PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 176 GBX | +1.15% |
|
+5.71% | +12.68% |
| Apr. 09 | TT Electronics sets out revenue targets and eyes net zero by 2030 | AN |
| Apr. 09 | Transcript : TT Electronics plc - Special Call |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 407.2 | 355.8 | 448.3 | 305.2 | 276.3 | 311.5 | - | - |
| Enterprise Value (EV) 1 | 476.3 | 439.7 | 550.8 | 443.6 | 402.5 | 406 | 391.4 | 368.2 |
| P/E ratio | 24 x | 256 x | 35.6 x | -23.2 x | -40.1 x | 10.5 x | 9.31 x | 7.92 x |
| Yield | 0.84% | 2.29% | 2.19% | 3.62% | 4.35% | 4.04% | 4.38% | 4.99% |
| Capitalization / Revenue | 0.85 x | 0.82 x | 0.94 x | 0.49 x | 0.45 x | 0.56 x | 0.54 x | 0.53 x |
| EV / Revenue | 1 x | 1.02 x | 1.16 x | 0.72 x | 0.66 x | 0.73 x | 0.68 x | 0.63 x |
| EV / EBITDA | 8.21 x | 9.88 x | 10.8 x | 7.02 x | 5.81 x | 5.68 x | 5.18 x | 4.43 x |
| EV / FCF | 49.1 x | 30.5 x | -424 x | -33.9 x | 16.8 x | 16.9 x | 13.4 x | 11 x |
| FCF Yield | 2.04% | 3.27% | -0.24% | -2.95% | 5.94% | 5.92% | 7.47% | 9.09% |
| Price to Book | 1.53 x | 1.15 x | 1.36 x | 1.03 x | 1.03 x | 1.09 x | 1 x | 0.92 x |
| Nbr of stocks (in thousands) | 162,869 | 173,563 | 175,115 | 175,422 | 176,870 | 176,981 | - | - |
| Reference price 2 | 2.500 | 2.050 | 2.560 | 1.740 | 1.562 | 1.760 | 1.760 | 1.760 |
| Announcement Date | 3/4/20 | 3/10/21 | 3/9/22 | 3/8/23 | 3/7/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 478.2 | 431.8 | 476.2 | 617 | 613.9 | 555 | 571.7 | 583.7 |
| EBITDA 1 | 58 | 44.5 | 50.9 | 63.2 | 69.3 | 71.53 | 75.52 | 83.19 |
| EBIT 1 | 40 | 27.5 | 34.8 | 47.1 | 52.8 | 55.95 | 59.76 | 66.32 |
| Operating Margin | 8.36% | 6.37% | 7.31% | 7.63% | 8.6% | 10.08% | 10.45% | 11.36% |
| Earnings before Tax (EBT) 1 | 15.1 | 2.9 | 16 | -10.1 | -1.1 | 41.5 | 46.16 | 54.8 |
| Net income 1 | 17.3 | 1.3 | 12.8 | -13.2 | -6.8 | 30.54 | 33.97 | 40.4 |
| Net margin | 3.62% | 0.3% | 2.69% | -2.14% | -1.11% | 5.5% | 5.94% | 6.92% |
| EPS 2 | 0.1040 | 0.008000 | 0.0720 | -0.0750 | -0.0390 | 0.1684 | 0.1890 | 0.2222 |
| Free Cash Flow 1 | 9.7 | 14.4 | -1.3 | -13.1 | 23.9 | 24.05 | 29.22 | 33.48 |
| FCF margin | 2.03% | 3.33% | -0.27% | -2.12% | 3.89% | 4.33% | 5.11% | 5.74% |
| FCF Conversion (EBITDA) | 16.72% | 32.36% | - | - | 34.49% | 33.62% | 38.69% | 40.24% |
| FCF Conversion (Net income) | 56.07% | 1,107.69% | - | - | - | 78.74% | 86% | 82.87% |
| Dividend per Share 2 | 0.0210 | 0.0470 | 0.0560 | 0.0630 | 0.0680 | 0.0711 | 0.0770 | 0.0878 |
| Announcement Date | 3/4/20 | 3/10/21 | 3/9/22 | 3/8/23 | 3/7/24 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 210 | 221.8 | 235.6 | 240.6 | 269.2 | - | 309.1 | 304.8 |
| EBITDA 1 | - | 24.4 | 23.9 | 27 | 26.2 | - | 34.2 | 35.1 |
| EBIT 1 | -2.9 | 16.1 | 15.9 | 18.9 | 18.3 | - | 25.6 | 27.2 |
| Operating Margin | -1.38% | 7.26% | 6.75% | 7.86% | 6.8% | - | 8.28% | 8.92% |
| Earnings before Tax (EBT) 1 | - | 7.7 | 7.5 | 8.5 | 5.6 | - | 16 | -17.1 |
| Net income 1 | - | 5.7 | 5.8 | 7 | 4.1 | - | 11.9 | -18.7 |
| Net margin | - | 2.57% | 2.46% | 2.91% | 1.52% | - | 3.85% | -6.14% |
| EPS 2 | - | 0.0350 | - | 0.0390 | 0.0230 | - | 0.0670 | -0.1060 |
| Dividend per Share 2 | - | 0.0470 | 0.0180 | 0.0380 | 0.0200 | 0.0430 | 0.0215 | 0.0465 |
| Announcement Date | 8/6/20 | 3/10/21 | 8/5/21 | 3/9/22 | 8/4/22 | 3/8/23 | 8/3/23 | 3/7/24 |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 69.1 | 83.9 | 103 | 138 | 126 | 94.6 | 79.9 | 56.7 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.191 x | 1.885 x | 2.014 x | 2.19 x | 1.821 x | 1.322 x | 1.058 x | 0.6814 x |
| Free Cash Flow 1 | 9.7 | 14.4 | -1.3 | -13.1 | 23.9 | 24.1 | 29.2 | 33.5 |
| ROE (net income / shareholders' equity) | 11.2% | 6.94% | 8.11% | 10.2% | 11.9% | 12% | 12.8% | 13.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 1.640 | 1.780 | 1.880 | 1.690 | 1.520 | 1.620 | 1.760 | 1.900 |
| Cash Flow per Share 2 | 0.2200 | 0.1700 | 0.0800 | 0.0700 | 0.4000 | 0.2800 | 0.3000 | 0.3400 |
| Capex 1 | 14 | 9.3 | 14.6 | 11.4 | 22.3 | 18.4 | 18.4 | 19.4 |
| Capex / Sales | 2.93% | 2.15% | 3.07% | 1.85% | 3.63% | 3.31% | 3.23% | 3.32% |
| Announcement Date | 3/4/20 | 3/10/21 | 3/9/22 | 3/8/23 | 3/7/24 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
1.76
GBP
Average target price
2.472
GBP
Spread / Average Target
+40.47%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +12.68% | 388M | |
| +21.55% | 72.28B | |
| +48.33% | 65.86B | |
| -4.21% | 34.41B | |
| -16.43% | 28.52B | |
| -7.17% | 14.26B | |
| -13.03% | 9.92B | |
| +5.83% | 9.52B | |
| +71.16% | 8.54B | |
| +3.02% | 7.91B |
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