AIM:EKT

Stock Analysis Report

Executive Summary

Elektron Technology plc designs, manufactures, and markets products that connect, monitor, and control worldwide.

Snowflake

Fundamentals

Outstanding track record with flawless balance sheet.

Risks

  • Elektron Technology has significant price volatility in the past 3 months.
  • Elektron Technology is covered by less than 3 analysts.

Share Price & News

How has Elektron Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

AIM:EKT

3.0%

GB Electrical

-0.05%

GB Market


1 Year Return

25.9%

AIM:EKT

-9.5%

GB Electrical

-1.6%

GB Market

EKT outperformed the Electrical industry which returned -14% over the past year.

EKT outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -1.7% over the past year.


Share holder returns

EKTIndustryMarket
7 Day0%3.0%-0.05%
30 Day-2.9%6.8%1.9%
90 Day21.4%-2.0%0.5%
1 Year25.9%25.9%-7.6%-9.5%2.8%-1.6%
3 Year787.0%787.0%52.5%-67.1%27.8%11.7%
5 Year871.4%871.4%181.2%-88.4%34.7%7.1%

Price Volatility Vs. Market

How volatile is Elektron Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Elektron Technology undervalued based on future cash flows and its price relative to the stock market?

23%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Elektron Technology's share price is below the future cash flow value, and at a moderate discount (> 20%).

Elektron Technology's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Elektron Technology is overvalued based on earnings compared to the GB Electrical industry average.

Elektron Technology is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Elektron Technology, we can't assess if its growth is good value.


Price Based on Value of Assets

Elektron Technology is overvalued based on assets compared to the GB Electrical industry average.


Next Steps

Future Growth

How is Elektron Technology expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

-7.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Elektron Technology's revenue is expected to grow by 13.4% yearly, however this is not considered high growth (20% yearly).

Elektron Technology's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Elektron Technology's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.

Elektron Technology's earnings are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.

Elektron Technology's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Elektron Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Elektron Technology performed over the past 5 years?

81.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Elektron Technology has delivered over 20% year on year earnings growth in the past 5 years.

Elektron Technology's 1-year earnings growth exceeds its 5-year average (100% vs 81.6%)

Elektron Technology's earnings growth has exceeded the GB Electrical industry average in the past year (100% vs 11.6%).


Return on Equity

Elektron Technology has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Elektron Technology used its assets more efficiently than the GB Electrical industry average last year based on Return on Assets.


Return on Capital Employed

Elektron Technology has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Elektron Technology's financial position?


Financial Position Analysis

Elektron Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Elektron Technology's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Elektron Technology has no debt.

Elektron Technology has no debt compared to 5 years ago when it was 117.9%.

Elektron Technology has no debt, it does not need to be covered by operating cash flow.

Elektron Technology has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Elektron Technology has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Elektron Technology's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Elektron Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Elektron Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Elektron Technology has not reported any payouts.

Unable to verify if Elektron Technology's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Elektron Technology has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Elektron Technology's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.


Next Steps

Management

What is the CEO of Elektron Technology's salary, the management and board of directors tenure and is there insider trading?

5.5yrs

Average board tenure


CEO

John Wilson (43yo)

8.6yrs

Tenure

UK£447,000

Compensation

Mr. John Frederick Wilson, B.Sc has been the Chief Executive Officer of Elektron Technology plc since December 17, 2010. Mr. Wilson served as Divisional Managing Director of Elektron Technology at Elektron ...


CEO Compensation Analysis

John's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

5.5yrs

Average Tenure

55yo

Average Age

The tenure for the Elektron Technology board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Andy Weatherstone (55yo)

    CFO, Company Secretary & Executive Director

    • Tenure: 5.3yrs
    • Compensation: £379.00k
  • Keith Daley (64yo)

    Executive Chairman

    • Compensation: £234.00k
  • John Wilson (43yo)

    CEO & Executive Director

    • Tenure: 8.6yrs
    • Compensation: £447.00k

Board Members

  • Andy Weatherstone (55yo)

    CFO, Company Secretary & Executive Director

    • Tenure: 5.5yrs
    • Compensation: £379.00k
  • Ric Piper (67yo)

    Senior Independent Director

    • Tenure: 0.6yrs
    • Compensation: £41.00k
  • Keith Daley (64yo)

    Executive Chairman

    • Tenure: 11.3yrs
    • Compensation: £234.00k
  • John Wilson (43yo)

    CEO & Executive Director

    • Tenure: 8.9yrs
    • Compensation: £447.00k
  • Giovanni Ciuccio (38yo)

    Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: £20.00k

Company Information

Elektron Technology plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Elektron Technology plc
  • Ticker: EKT
  • Exchange: AIM
  • Founded: 1948
  • Industry: electrical components and equipment
  • Sector: capital goods
  • Market Cap: UK£90.781m
  • Shares outstanding: 178.00m
  • Website: Click here

Number of Employees


Location

  • Elektron Technology plc
  • Broers Building
  • JJ Thomson Avenue
  • Cambridge
  • Cambridgeshire
  • CB3 0FA
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EKTAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJan 1992

Biography

Elektron Technology plc designs, manufactures, and markets products that connect, monitor, and control worldwide. The company operates through three segments: Bulgin, Checkit, and Elektron Eye Technology.  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/23 23:38
End of Day Share Price2019/07/23 00:00
Earnings2019/01/31
Annual Earnings2019/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.