TP Group plc, a technology service company, provides critical services and equipment to defense, space, and energy sector. More Details
Excellent balance sheet and fair value.
Share Price & News
How has TP Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TPG underperformed the UK Machinery industry which returned 22.9% over the past year.
Return vs Market: TPG matched the UK Market which returned -14.8% over the past year.
Price Volatility Vs. Market
How volatile is TP Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StTP Group (LON:TPG) Shareholders Booked A 72% Gain In The Last Five Years
2 months ago | Simply Wall StOur View On TP Group's (LON:TPG) CEO Pay
3 months ago | Simply Wall StIf You Had Bought TP Group (LON:TPG) Stock Five Years Ago, You Could Pocket A 91% Gain Today
Is TP Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TPG (£0.06) is trading below our estimate of fair value (£0.17)
Significantly Below Fair Value: TPG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TPG is unprofitable, so we can't compare its PE Ratio to the GB Machinery industry average.
PE vs Market: TPG is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPG is good value based on its PB Ratio (1.2x) compared to the GB Machinery industry average (1.7x).
How is TP Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 TP Group 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.
- Examine whether TP Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- TP Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has TP Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPG is currently unprofitable.
Growing Profit Margin: TPG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TPG is unprofitable, but has reduced losses over the past 5 years at a rate of 20% per year.
Accelerating Growth: Unable to compare TPG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TPG is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-13%).
Return on Equity
High ROE: TPG has a negative Return on Equity (-6.51%), as it is currently unprofitable.
How is TP Group's financial position?
Financial Position Analysis
Short Term Liabilities: TPG's short term assets (£35.0M) exceed its short term liabilities (£20.7M).
Long Term Liabilities: TPG's short term assets (£35.0M) exceed its long term liabilities (£14.1M).
Debt to Equity History and Analysis
Debt Level: TPG's debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TPG's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TPG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TPG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.3% per year.
What is TP Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TPG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TPG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TPG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TPG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Phil Cartmell (68 yo)
Mr. Philip Cartmell, also known as Phil, has been the Chief Executive Officer of Vega Group PLC since May 2001. Mr. Cartmell serves as the Chief Executive Officer of TP Group plc (formerly known as Corac G ...
CEO Compensation Analysis
Compensation vs Market: Phil's total compensation ($USD529.61K) is above average for companies of similar size in the UK market ($USD356.15K).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||no data||UK£403.00k||0.40% |
|CFO & Executive Director||4.58yrs||UK£247.00k||0.084% |
|Independent Non-Executive Director||3.67yrs||UK£36.00k||0.054% |
|Independent Non-Executive Chairman||3.83yrs||UK£70.00k||0.043% |
|Independent Non-Executive Director||3.67yrs||UK£36.00k||0.24% |
Experienced Board: TPG's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TP Group plc's company bio, employee growth, exchange listings and data sources
- Name: TP Group plc
- Ticker: TPG
- Exchange: AIM
- Founded: 1996
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: UK£43.365m
- Shares outstanding: 777.57m
- Website: https://www.tpgroup.uk.com
Number of Employees
- TP Group plc
- Apex Plaza
- Forbury Road
- RG1 1AX
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TPG||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jul 2001|
|TPGP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2001|
|CVQ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2001|
TP Group plc, a technology service company, provides critical services and equipment to defense, space, and energy sector. It operates in two segments, Technology & Engineering and Consulting & Programme S ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 22:33|
|End of Day Share Price||2020/10/21 00:00|
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.