XP Power
Market Cap
UK£995.2m
Last Updated
2021/03/07 19:48 UTC
Data Sources
Company Financials +
Executive Summary
XP Power Limited, an investment holding company, designs and manufactures power supply solutions in Europe, North America, and Asia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record and pays a dividend.
Similar Companies
Share Price & News
How has XP Power's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: XPP is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: XPP's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-7.3%
XPP
-9.6%
GB Electrical
1.2%
GB Market
1 Year Return
61.3%
XPP
131.1%
GB Electrical
4.6%
GB Market
Return vs Industry: XPP underperformed the UK Electrical industry which returned 131.2% over the past year.
Return vs Market: XPP exceeded the UK Market which returned 4.6% over the past year.
Shareholder returns
| XPP | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.3% | -9.6% | 1.2% |
| 30 Day | -5.6% | -24.4% | 0.7% |
| 90 Day | 12.1% | 10.2% | 2.6% |
| 1 Year | 62.7%61.3% | 132.4%131.1% | 10.6%4.6% |
| 3 Year | 61.4%50.3% | 247.4%234.4% | 8.6%-4.5% |
| 5 Year | 268.2%224.0% | 388.0%362.5% | 39.5%12.6% |
Long-Term Price Volatility Vs. Market
How volatile is XP Power's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
XP Power Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year4 days ago | Simply Wall St
Have Insiders Been Selling XP Power Limited (LON:XPP) Shares?2 weeks ago | Simply Wall St
Could XP Power Limited (LON:XPP) Have The Makings Of Another Dividend Aristocrat?Valuation
Is XP Power undervalued compared to its fair value and its price relative to the market?
31.17x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: XPP (£50.8) is trading above our estimate of fair value (£39.32)
Significantly Below Fair Value: XPP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: XPP is poor value based on its PE Ratio (31.2x) compared to the GB Electrical industry average (28.8x).
PE vs Market: XPP is poor value based on its PE Ratio (31.2x) compared to the UK market (24.2x).
Price to Earnings Growth Ratio
PEG Ratio: XPP is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: XPP is overvalued based on its PB Ratio (6x) compared to the GB Electrical industry average (2.9x).
Next Steps
Future Growth
How is XP Power forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: XPP's forecast earnings growth (7.5% per year) is above the savings rate (1%).
Earnings vs Market: XPP's earnings (7.5% per year) are forecast to grow slower than the UK market (22.6% per year).
High Growth Earnings: XPP's earnings are forecast to grow, but not significantly.
Revenue vs Market: XPP's revenue (2.9% per year) is forecast to grow slower than the UK market (6.6% per year).
High Growth Revenue: XPP's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: XPP's Return on Equity is forecast to be low in 3 years time (16.9%).
Next Steps
Past Performance
How has XP Power performed over the past 5 years?
3.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XPP has high quality earnings.
Growing Profit Margin: XPP's current net profit margins (13.5%) are higher than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: XPP's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: XPP's earnings growth over the past year (53.7%) exceeds its 5-year average (3.6% per year).
Earnings vs Industry: XPP earnings growth over the past year (53.7%) underperformed the Electrical industry 55.7%.
Return on Equity
High ROE: XPP's Return on Equity (19.3%) is considered low.
Next Steps
Financial Health
How is XP Power's financial position?
Financial Position Analysis
Short Term Liabilities: XPP's short term assets (£107.0M) exceed its short term liabilities (£34.7M).
Long Term Liabilities: XPP's short term assets (£107.0M) exceed its long term liabilities (£43.0M).
Debt to Equity History and Analysis
Debt Level: XPP's debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: XPP's debt to equity ratio has increased from 9.7% to 19.3% over the past 5 years.
Debt Coverage: XPP's debt is well covered by operating cash flow (143.4%).
Interest Coverage: XPP's interest payments on its debt are well covered by EBIT (21.6x coverage).
Balance Sheet
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Dividend
What is XP Power current dividend yield, its reliability and sustainability?
2.83%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: XPP's dividend (2.83%) is higher than the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: XPP's dividend (2.83%) is low compared to the top 25% of dividend payers in the UK market (4.51%).
Stability and Growth of Payments
Stable Dividend: XPP's dividend payments have been volatile in the past 10 years.
Growing Dividend: XPP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.4%), XPP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: XPP's dividends in 3 years are forecast to be well covered by earnings (42.2% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Gavin Griggs
0.17
Tenure
UK£351,940
Compensation
Mr. Gavin Peter Griggs serves as Chief Executive Officer at XP Power Limited since January 1, 2021. He has been Executive Director at XP Power Limited since October 31, 2017. He had been Chief Financial Of...
CEO Compensation Analysis
Compensation vs Market: Gavin's total compensation ($USD485.80K) is below average for companies of similar size in the UK market ($USD1.66M).
Compensation vs Earnings: Gavin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 6.75yrs | UK£52.42k | 6.4% £ 63.7m | |
| CEO & Executive Director | 0.17yr | UK£351.94k | no data | |
| President of Corporate Development | 3.33yrs | UK£280.10k | no data | |
| Executive Director | no data | UK£461.20k | 0.55% £ 5.4m | |
| Executive VP of Asia & Executive Director | 13.92yrs | UK£329.09k | 0.12% £ 1.2m | |
| Acting Chief Financial Officer | 0.17yr | no data | no data | |
| Executive Vice President of Global Manufacturing & Operations | no data | no data | no data | |
| Technical Director | 9.17yrs | no data | no data | |
| Executive Vice President of Global Products | 9.5yrs | no data | no data | |
| Executive Vice President - N. America Sales & Engineering Services | 6.83yrs | no data | no data | |
| Head of Product Development | 6.42yrs | no data | no data | |
| Executive Vice President of Engineering | 8.17yrs | no data | no data |
6.6yrs
Average Tenure
57yo
Average Age
Experienced Management: XPP's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 6.75yrs | UK£52.42k | 6.4% £ 63.7m | |
| CEO & Executive Director | 0.17yr | UK£351.94k | no data | |
| Executive Director | no data | UK£461.20k | 0.55% £ 5.4m | |
| Executive VP of Asia & Executive Director | 13.92yrs | UK£329.09k | 0.12% £ 1.2m | |
| Senior Independent Non-Executive Director | no data | UK£45.00k | no data | |
| Independent Non-Executive Director | 5.17yrs | UK£40.00k | no data | |
| Independent Non-Executive Director | 1.25yrs | UK£3.33k | no data |
5.2yrs
Average Tenure
56yo
Average Age
Experienced Board: XPP's board of directors are considered experienced (5.2 years average tenure).
Ownership
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Top Shareholders
Company Information
XP Power Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: XP Power Limited
- Ticker: XPP
- Exchange: LSE
- Founded: 1988
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: UK£995.171m
- Shares outstanding: 19.59m
- Website: https://www.xppowerplc.com
Location
- XP Power Limited
- No. 02-02, Haw Par Technocentre
- Lobby B
- Singapore
- 149598
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| XPP | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jul 2000 |
| XPPL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2000 |
| XPPl | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jul 2000 |
| 4XP | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Jul 2000 |
Biography
XP Power Limited, an investment holding company, designs and manufactures power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 19:48 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.