ECM Stock Overview
Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in the United Kingdom, the United States, France, Germany, Italy, and internationally.
No risks detected for ECM from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£11.00|
|52 Week High||UK£12.76|
|52 Week Low||UK£8.63|
|1 Month Change||-7.64%|
|3 Month Change||0%|
|1 Year Change||21.15%|
|3 Year Change||103.33%|
|5 Year Change||127.37%|
|Change since IPO||832.20%|
Recent News & Updates
Is Electrocomponents (LON:ECM) Using Too Much Debt?
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Investors Met With Slowing Returns on Capital At Electrocomponents (LON:ECM)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Is It Too Late To Consider Buying Electrocomponents plc (LON:ECM)?
While Electrocomponents plc ( LON:ECM ) might not be the most widely known stock at the moment, it saw a decent share...
|ECM||GB Trade Distributors||GB Market|
Return vs Industry: ECM underperformed the UK Trade Distributors industry which returned 26.3% over the past year.
Return vs Market: ECM exceeded the UK Market which returned 8.7% over the past year.
|ECM Average Weekly Movement||3.7%|
|Trade Distributors Industry Average Movement||4.1%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: ECM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ECM's weekly volatility (4%) has been stable over the past year.
About the Company
Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in the United Kingdom, the United States, France, Germany, Italy, and internationally. It provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products. The company also supplies test and measurement products, semiconductors, and SBC and passive products.
Electrocomponents Fundamentals Summary
|ECM fundamental statistics|
Is ECM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ECM income statement (TTM)|
|Cost of Revenue||UK£1.31b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.39|
|Net Profit Margin||8.00%|
How did ECM perform over the long term?See historical performance and comparison
1.5%Current Dividend Yield
Is Electrocomponents undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ECM (£11) is trading above our estimate of fair value (£10.12)
Significantly Below Fair Value: ECM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ECM is poor value based on its PE Ratio (28.1x) compared to the UK Trade Distributors industry average (20.9x).
PE vs Market: ECM is poor value based on its PE Ratio (28.1x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: ECM is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: ECM is overvalued based on its PB Ratio (5.3x) compared to the GB Trade Distributors industry average (1.8x).
How is Electrocomponents forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ECM's forecast earnings growth (10.7% per year) is above the savings rate (0.9%).
Earnings vs Market: ECM's earnings (10.7% per year) are forecast to grow slower than the UK market (12.1% per year).
High Growth Earnings: ECM's earnings are forecast to grow, but not significantly.
Revenue vs Market: ECM's revenue (5.8% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: ECM's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ECM's Return on Equity is forecast to be high in 3 years time (21.7%)
How has Electrocomponents performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ECM has high quality earnings.
Growing Profit Margin: ECM's current net profit margins (8%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: ECM's earnings have grown by 10.8% per year over the past 5 years.
Accelerating Growth: ECM's earnings growth over the past year (42.3%) exceeds its 5-year average (10.8% per year).
Earnings vs Industry: ECM earnings growth over the past year (42.3%) underperformed the Trade Distributors industry 44.2%.
Return on Equity
High ROE: ECM's Return on Equity (18.9%) is considered low.
How is Electrocomponents's financial position?
Financial Position Analysis
Short Term Liabilities: ECM's short term assets (£1.2B) exceed its short term liabilities (£642.5M).
Long Term Liabilities: ECM's short term assets (£1.2B) exceed its long term liabilities (£318.0M).
Debt to Equity History and Analysis
Debt Level: ECM's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: ECM's debt to equity ratio has reduced from 64.9% to 23.7% over the past 5 years.
Debt Coverage: ECM's debt is well covered by operating cash flow (78.1%).
Interest Coverage: ECM's interest payments on its debt are well covered by EBIT (39.1x coverage).
What is Electrocomponents's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ECM's dividend (1.47%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: ECM's dividend (1.47%) is low compared to the top 25% of dividend payers in the UK market (4.04%).
Stability and Growth of Payments
Stable Dividend: ECM's dividends per share have been stable in the past 10 years.
Growing Dividend: ECM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.9%), ECM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ECM's dividends in 3 years are forecast to be well covered by earnings (41.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lindsley Ruth (50 yo)
Mr. Lindsley Ruth serves as an Independent Non-Executive Director of Ashtead Group plc since May 01, 2019. Mr. Ruth has been the Chief Executive Officer of Electrocomponents plc since April 1, 2015. He joi...
CEO Compensation Analysis
Compensation vs Market: Lindsley's total compensation ($USD3.43M) is above average for companies of similar size in the UK market ($USD2.24M).
Compensation vs Earnings: Lindsley's compensation has been consistent with company performance over the past year.
Experienced Management: ECM's management team is considered experienced (3 years average tenure).
Experienced Board: ECM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Electrocomponents plc's employee growth, exchange listings and data sources
- Name: Electrocomponents plc
- Ticker: ECM
- Exchange: LSE
- Founded: 1928
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Implied Market Cap: UK£5.179b
- Shares outstanding: 470.81m
- Website: https://www.electrocomponents.com
Number of Employees
- Electrocomponents plc
- Two Pancras Square
- Fifth Floor
- Greater London
- N1C 4AG
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 21:17|
|End of Day Share Price||2022/01/21 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.