TT electronics PLC

Chart & Performance

D1W1MN

P/E

—

P/S

30.64

EPS

—

Div Yield, %

0.06%

Shrs. gr., 5y

1.08%

Rev. gr., 5y

7.41%

Revenues

614m

-0.50%

Net income

-7m

L-48.48%

CFO

63m

+395.28%

Dividend

Sep 12, 20242.25 GBP/sh

Earnings

Mar 05, 2025

Profile

TT Electronics plc provides engineered electronics for performance critical applications in the automation and electrification, healthcare, and aerospace and defense markets worldwide. The company operates through three divisions: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components. The Power and Connectivity division designs and manufactures power application products and connectivity devices, which enable the capture and wireless transfer of data. This segment collaborates with customers for developing solutions to optimize their electronic systems. The Global Manufacturing Solutions division provides manufacturing services and engineering solutions for its product divisions and to customers that require a lower volume and higher mix of various products. This segment manufactures integrated product assemblies, as well as provides designing testing solutions and value-engineering services. The Sensors and Specialist Components division works with customers to develop standard and customized solutions, including sensors and power management devices. Its solutions enhance the precision, speed, and reliability of critical aspects of its customers' applications. The company offers its products and services under the AB Connectors, Aero Stanrew, BI Technologies, IRC, OPTEK Technology, Precision, Power Partners, PowerPax, Stontronics, Torotel, Semelab, Welwyn, and Roxspur Measurement & Control brands. The company was formerly known as TT Group plc and changed its name to TT Electronics plc in 2000. TT Electronics plc was incorporated in 1906 and is headquartered in Woking, the United Kingdom.

URL

https://www.ttelectronics.com/

IPO date

Jan 07, 1986

Employees

5,049

Domiciled in

Incorporated in

Valuation

Order:

Title GBP in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title GBP in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	613,900 -0.50%	617,000 29.57%	476,200 10.28%
Cost of revenue	605,200	630,500	467,100
Unusual Expense (Income)
NOPBT	8,700	(13,500)	9,100
NOPBT Margin	1.42%		1.91%
Operating Taxes	5,700	3,100	3,200
Tax Rate	65.52%		35.16%
NOPAT	3,000	(16,600)	5,900
Net income	(6,800) -48.48%	(13,200) -203.13%	12,800 884.62%
Dividends	(11,300)	(10,200)	(11,400)
Dividend yield	4.12%	3.33%	2.50%
Proceeds from repurchase of equity	1,300	400	89,900
BB yield	-0.47%	-0.13%	-19.72%
Debt
Debt current	5,000	8,100	5,200
Long-term debt	214,500	218,400	188,200
Deferred revenue			4,600
Other long-term liabilities	4,800	4,500	1,000
Net debt	144,600	160,700	124,500
Cash flow
Cash from operating activities	62,900	12,700	14,300
CAPEX	(24,500)	(14,300)	(17,000)
Cash from investing activities	(27,600)	(22,300)	(8,200)
Cash from financing activities	(19,600)	400	(8,900)
FCF	(13,900)	(55,000)	(17,000)
Balance
Cash	74,100	65,000	68,300
Long term investments	800	800	600
Excess cash	44,205	34,950	45,090
Stockholders' equity	247,100	271,100	307,400
Invested Capital	432,395	460,350	454,210
ROIC	0.67%		1.38%
ROCE	1.80%		1.75%
EV
Common stock shares outstanding	175,600	175,800	178,100
Price	1.56 -10.23%	1.74 -32.03%	2.56 24.88%
Market cap	274,287 -10.33%	305,892 -32.91%	455,936 32.31%
EV	418,887	466,592	582,436
EBITDA	29,800	2,600	25,200
EV/EBITDA	14.06	179.46	23.11
Interest	10,800	8,000	4,000
Interest/NOPBT	124.14%		43.96%