company background image
TON

Titon HoldingsAIM:TON Stock Report

Last Price

UK£1.14

Market Cap

UK£12.6m

7D

0%

1Y

3.2%

Updated

20 Jan, 2022

Data

Company Financials
TON fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

TON Stock Overview

Titon Holdings Plc designs, manufactures, and markets ventilation products, and door and window fittings in the United Kingdom, South Korea, North America, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Titon Holdings
Historical stock prices
Current Share PriceUK£1.14
52 Week HighUK£1.45
52 Week LowUK£0.96
Beta0.26
1 Month Change1.79%
3 Month Change3.18%
1 Year Change3.18%
3 Year Change-42.24%
5 Year Change-19.79%
Change since IPO26.11%

Recent News & Updates

Jan 06
Titon Holdings (LON:TON) Has Announced That It Will Be Increasing Its Dividend To UK£0.03

Titon Holdings (LON:TON) Has Announced That It Will Be Increasing Its Dividend To UK£0.03

Titon Holdings Plc ( LON:TON ) has announced that it will be increasing its dividend on the 4th of March to UK£0.03...

Dec 23
Titon Holdings (LON:TON) Will Pay A Larger Dividend Than Last Year At UK£0.03

Titon Holdings (LON:TON) Will Pay A Larger Dividend Than Last Year At UK£0.03

Titon Holdings Plc's ( LON:TON ) dividend will be increasing to UK£0.03 on 4th of March. This will take the annual...

Dec 06
Returns On Capital Signal Tricky Times Ahead For Titon Holdings (LON:TON)

Returns On Capital Signal Tricky Times Ahead For Titon Holdings (LON:TON)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

TONGB BuildingGB Market
7D0%0.04%-0.5%
1Y3.2%24.9%8.7%

Return vs Industry: TON underperformed the UK Building industry which returned 22.8% over the past year.

Return vs Market: TON underperformed the UK Market which returned 8.3% over the past year.

Price Volatility

Is TON's price volatile compared to industry and market?
TON volatility
TON Average Weekly Movement3.4%
Building Industry Average Movement4.1%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: TON is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: TON's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972189Mat Norrishttps://www.titon.com/uk

Titon Holdings Plc designs, manufactures, and markets ventilation products, and door and window fittings in the United Kingdom, South Korea, North America, and internationally. It offers a range of passive and powered ventilation products for house builders, electrical contractors, window and door manufacturers, and construction companies; and supplies window and door hardware material. The company sells its products through distributors under the Titon brand name.

Titon Holdings Fundamentals Summary

How do Titon Holdings's earnings and revenue compare to its market cap?
TON fundamental statistics
Market CapUK£12.65m
Earnings (TTM)UK£1.03m
Revenue (TTM)UK£23.41m

12.3x

P/E Ratio

0.5x

P/S Ratio

Is TON overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TON income statement (TTM)
RevenueUK£23.41m
Cost of RevenueUK£16.07m
Gross ProfitUK£7.34m
ExpensesUK£6.31m
EarningsUK£1.03m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

May 12, 2022

Earnings per share (EPS)0.092
Gross Margin31.36%
Net Profit Margin4.39%
Debt/Equity Ratio0%

How did TON perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

49%

Payout Ratio

Does TON pay a reliable dividends?

See TON dividend history and benchmarks
When do you need to buy TON by to receive an upcoming dividend?
Titon Holdings dividend dates
Ex Dividend DateJan 27 2022
Dividend Pay DateMar 04 2022
Days until Ex dividend6 days
Days until Dividend pay date42 days

Does TON pay a reliable dividends?

See TON dividend history and benchmarks

Valuation

Is Titon Holdings undervalued compared to its fair value and its price relative to the market?

12.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TON (£1.14) is trading above our estimate of fair value (£0.69)

Significantly Below Fair Value: TON is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TON is good value based on its PE Ratio (12.3x) compared to the UK Building industry average (14.4x).

PE vs Market: TON is good value based on its PE Ratio (12.3x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TON's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TON is good value based on its PB Ratio (0.8x) compared to the GB Building industry average (2.2x).


Future Growth

How is Titon Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Titon Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Titon Holdings performed over the past 5 years?

-23.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TON has high quality earnings.

Growing Profit Margin: TON's current net profit margins (4.4%) are higher than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: TON's earnings have declined by 23.2% per year over the past 5 years.

Accelerating Growth: TON's earnings growth over the past year (1672.4%) exceeds its 5-year average (-23.2% per year).

Earnings vs Industry: TON earnings growth over the past year (1672.4%) exceeded the Building industry 156.9%.


Return on Equity

High ROE: TON's Return on Equity (6%) is considered low.


Financial Health

How is Titon Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: TON's short term assets (£14.1M) exceed its short term liabilities (£4.7M).

Long Term Liabilities: TON's short term assets (£14.1M) exceed its long term liabilities (£402.0K).


Debt to Equity History and Analysis

Debt Level: TON is debt free.

Reducing Debt: TON has not had any debt for past 5 years.

Debt Coverage: TON has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TON has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Titon Holdings's current dividend yield, its reliability and sustainability?

3.96%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 21 2022Ex Dividend DateJan 27 2022Dividend Pay DateMar 04 202236 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: TON's dividend (3.96%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: TON's dividend (3.96%) is low compared to the top 25% of dividend payers in the UK market (4.04%).


Stability and Growth of Payments

Stable Dividend: TON's dividend payments have been volatile in the past 10 years.

Growing Dividend: TON's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.7%), TON's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Mat Norris (43 yo)

0.50

Tenure

Mr. Matthew James Norris, also known as Mat, serves as the Chief Executive Officer and Director at Titon Holdings Plc since July 12, 2021. He has an extensive experience from his previous roles, firstly at...


Leadership Team

Experienced Management: TON's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: TON's board of directors are considered experienced (9.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TON insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Titon Holdings Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Titon Holdings Plc
  • Ticker: TON
  • Exchange: AIM
  • Founded: 1972
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: UK£12.648m
  • Shares outstanding: 11.14m
  • Website: https://www.titon.com/uk

Number of Employees


Location

  • Titon Holdings Plc
  • Colchester Business Park
  • 894 The Crescent
  • Colchester
  • Essex
  • CO4 9YQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 21:14
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.