Buy Or Sell Opportunity • Jun 05
Now 23% undervalued Over the last 90 days, the stock has risen 30% to UK£17.82. The fair value is estimated to be UK£23.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 34%. Announcement • Apr 23
XP Power Limited to Report First Half, 2026 Results on Aug 04, 2026 XP Power Limited announced that they will report first half, 2026 results on Aug 04, 2026 Announcement • Mar 21
XP Power Limited, Annual General Meeting, Apr 23, 2026 XP Power Limited, Annual General Meeting, Apr 23, 2026, at 17:00 Singapore Standard Time. Location: 19 tai seng avenue, 07 01, 534054, Singapore Announcement • Jan 07
XP Power Limited to Report Fiscal Year 2025 Results on Mar 03, 2026 XP Power Limited announced that they will report fiscal year 2025 results on Mar 03, 2026 Announcement • Dec 05
XP Power Limited Appoints Charlotta Ginman as Non-Executive Director and Senior Independent Director Designate, Effective 1 January 2026 Gamma Communications plc noted that Charlotta Ginman, a Non-Executive Director of the Company, has been appointed as Non-Executive Director and Senior Independent Director designate of XP Power Limited from 1 January 2026. On joining XP Power Limited, Charlotta will also be appointed as a member of the Nomination, Remuneration and Audit Committees. Announcement • Jul 17
XP Power Limited to Report First Half, 2025 Results on Aug 05, 2025 XP Power Limited announced that they will report first half, 2025 results on Aug 05, 2025 Announcement • Mar 21
XP Power Limited, Annual General Meeting, Apr 24, 2025 XP Power Limited, Annual General Meeting, Apr 24, 2025, at 17:00 Singapore Standard Time. Location: 19 tai seng avenue, 07 01, 534054, Singapore Announcement • Mar 06
XP Power Limited has completed a Follow-on Equity Offering in the amount of £39.999999 million. XP Power Limited has completed a Follow-on Equity Offering in the amount of £39.999999 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,431,740
Price\Range: £9.75
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,670,824
Price\Range: £9.75
Transaction Features: Regulation S; Subsequent Direct Listing Announcement • Jan 30
XP Power Limited Announces an Update on the US Legal Case with Comet Technologies USA Inc Relating to Legal Fees and Interest XP Power Limited announced an update on the US legal case with Comet Technologies USA Inc. ("Comet") relating to legal fees and interest. On 29 January 2025, the trial judge ruled that plaintiff's legal fees and pre-judgement interest of c.$19 million in total are to be paid by the Group. While there was always a range of potential outcomes, this ruling was disappointing and has required us to reconsider provision, increasing it by c.$10 million to include pre and post judgement interest for the expected period until the appeal concludes. When the legal fees and interest are paid, Net Debt: Adjusted EBITDA is expected to increase by c.0.35x and on a pro-forma basis the 2024 year-end position is c.2.65x. XP Power has already lodged documentation for an appeal against the original judgement and now plans to progress the appeal process. Further announcements will be made as appropriate. Announcement • Jan 08
XP Power Limited to Report Fiscal Year 2024 Results on Mar 04, 2025 XP Power Limited announced that they will report fiscal year 2024 results on Mar 04, 2025 Announcement • Dec 06
XP Power Limited Announces Board and Committee Changes The Board of XP Power Limited announced the appointment of Daniel Shook as Non-Executive Director from 1 January 2025. Daniel Shook is currently Chief Financial Officer at IMI plc, the FTSE 100 international engineering group. Having joined the IMI board in 2015, he has extensive financial management experience and knowledge of complex manufacturing processes across a range of global industrial sectors. He will be retiring from the IMI Board during 2025. Prior to IMI, Daniel was CFO and a member of the executive Board at Borealis AG, having previously held senior financial and management roles at The BOC Group plc. Daniel was a non-executive director and Audit Committee Chair of Ultra Electronics Holdings plc from 2019-2022. On joining the XP Power Board, Daniel will be appointed as a member of the Nomination, Remuneration and Audit Committees and will take over from Polly Williams as chair of the Audit Committee following the conclusion of the Company's Annual General Meeting in April 2025. Announcement • May 22
Advanced Energy Industries, Inc. (NasdaqGS:AEIS) made an offer to acquire XP Power Limited (LSE:XPP) for £470 million Advanced Energy Industries, Inc. (NasdaqGS:AEIS) made an offer to acquire XP Power Limited (LSE:XPP) for £470 million on May 21, 2024. The offer is for £19.50 per share in cash, valuing XP Power's equity at £468 million. J.P. Morgan Securities Asia Private Limited and The Hongkong and Shanghai Banking Corporation Limited (Singapore) acted as financial advisors to Advanced Energy Industries. Announcement • Mar 22
XP Power Limited, Annual General Meeting, Apr 25, 2024 XP Power Limited, Annual General Meeting, Apr 25, 2024, at 17:00 Samoa Standard Time. Location: 19 Tai Seng Avenue, #07-01 Singagpore Singapore Agenda: To receive and adopt the report of the directors (“Directors”) and the audited accounts of the Company for the financial year ended 31 December 2023 together with the Auditor’s report thereon; to re-elect Polly Williams as a Director of the Company who retires by rotation at the AGM in accordance with Regulation 87 of the Company’s constitution (“Constitution”) and who, being eligible, has offered herself for re-election; to re-elect Sandra Breene as a Director of the Company, who retires by rotation at the AGM in accordance with Regulation 87 of the Constitution and who, being eligible, has offered herself for re-election; to re-elect Amina Hamidi as a Director of the Company, who retires by rotation at the AGM in accordance with Regulation 87 of the Constitution and who, being eligible, has offered herself for re-election; and to consider other matters. Announcement • Feb 16
XP Power Limited to Report Fiscal Year 2023 Results on Mar 05, 2024 XP Power Limited announced that they will report fiscal year 2023 results on Mar 05, 2024 Announcement • Oct 05
Xp Power Limited Provides Earnings Guidance for the Third Quarter 2023 XP Power Limited provided earnings guidance for the third quarter 2023 . For the quarter, company expects revenue to be £75 million, down around 2% year-on-year on a constant currency basis against a strong comparative. Announcement • Jan 13
XP Power Limited provides dividend guidance for the fourth quarter of 2022 XP Power Limited provided dividend guidance for the fourth quarter of 2022. For the quarter, the company proposed dividend for the fourth quarter of 2022 will be announced with the 2022 Final Results on 28 February 2023 but is expected to be not less than 36 pence per share, representing a minimum total dividend of 94 pence per share for the year as a whole. Announcement • Sep 30
XP Power Limited to Report Fiscal Year 2022 Results on Feb 28, 2023 XP Power Limited announced that they will report fiscal year 2022 results on Feb 28, 2023 Upcoming Dividend • Mar 17
Upcoming dividend of UK£0.36 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 28 April 2022. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to UK£35.05, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Electrical industry in Europe. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£51.77 per share. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: UK£1.16 (down from UK£1.63 in FY 2020). Revenue: UK£240.3m (up 3.0% from FY 2020). Net income: UK£22.6m (down 28% from FY 2020). Profit margin: 9.4% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 13%, compared to a 251% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Mar 02
Less than half of directors are independent Following Non-Executive Director Jamie Pike's arrival on 01 March 2022, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Pauline Lafferty was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Dec 03
Upcoming dividend of UK£0.21 per share Eligible shareholders must have bought the stock before 09 December 2021. Payment date: 17 January 2022. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (4.1%). In line with average of industry peers (1.3%). Upcoming Dividend • Sep 02
Upcoming dividend of UK£0.19 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 14 October 2021. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (3.8%). Higher than average of industry peers (1.1%). Reported Earnings • Aug 03
First half 2021 earnings released: EPS UK£0.69 (vs UK£0.42 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£119.9m (up 14% from 1H 2020). Net income: UK£13.5m (up 67% from 1H 2020). Profit margin: 11% (up from 7.7% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 10
Upcoming dividend of UK£0.18 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 14 July 2021. Trailing yield: 2.8%. Lower than top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.7%). Executive Departure • May 08
Acting Chief Financial Officer has left the company On the 4th of May, Johan Olivier's tenure as Acting Chief Financial Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Johan's name. A total of 2 executives have left over the last 12 months. Recent Insider Transactions • Apr 20
Founder & Non-Executive Chairman recently sold UK£13m worth of stock On the 16th of April, James Peters sold around 250k shares on-market at roughly UK£50.14 per share. This was the largest sale by an insider in the last 3 months. James has been a seller over the last 12 months, reducing personal holdings by UK£24m. Reported Earnings • Mar 21
Full year 2020 earnings released: EPS UK£1.63 (vs UK£1.07 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£233.3m (up 17% from FY 2019). Net income: UK£31.5m (up 54% from FY 2019). Profit margin: 14% (up from 10% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 18
Upcoming Dividend of UK£0.36 Per Share Will be paid on the 28th of April to those who are registered shareholders by the 25th of March. The trailing yield of 2.9% is below the top quartile of British dividend payers (4.4%), but it is higher than industry peers (1.7%). Reported Earnings • Mar 04
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£233.3m (up 17% from FY 2019). Net income: UK£31.5m (up 54% from FY 2019). Profit margin: 14% (up from 10% in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 04
Revenue beats expectations Revenue exceeded analyst estimates by 0.2%. Over the next year, revenue is forecast to grow 1.4%, compared to a 290% growth forecast for the Electrical industry in the United Kingdom. Is New 90 Day High Low • Feb 24
New 90-day high: UK£56.40 The company is up 23% from its price of UK£45.80 on 25 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£32.53 per share. Is New 90 Day High Low • Jan 09
New 90-day high: UK£50.20 The company is up 7.0% from its price of UK£47.10 on 09 October 2020. The British market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 54% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£31.91 per share. Is New 90 Day High Low • Dec 04
New 90-day high: UK£47.80 The company is up 8.0% from its price of UK£44.10 on 04 September 2020. The British market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£27.91 per share. Upcoming Dividend • Dec 03
Upcoming Dividend of UK£0.20 Per Share Will be paid on the 15th of January to those who are registered shareholders by the 10th of December. The trailing yield of 1.7% is below the top quartile of British dividend payers (4.8%), but is in line with industry peers (1.6%). 
