KETL Stock Overview
Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide.
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Price History & Performance
|Historical stock prices|
|Current Share Price||UK£2.90|
|52 Week High||UK£3.90|
|52 Week Low||UK£2.13|
|1 Month Change||-0.86%|
|3 Month Change||-22.77%|
|1 Year Change||23.40%|
|3 Year Change||108.33%|
|5 Year Change||n/a|
|Change since IPO||123.08%|
Recent News & Updates
Strix Group (LON:KETL) Will Pay A Larger Dividend Than Last Year At UK£0.028
The board of Strix Group Plc ( LON:KETL ) has announced that it will be increasing its dividend by 5.8% on the 7th of...
Under The Bonnet, Strix Group's (LON:KETL) Returns Look Impressive
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
|KETL||GB Electronic||GB Market|
Return vs Industry: KETL exceeded the UK Electronic industry which returned 19.6% over the past year.
Return vs Market: KETL exceeded the UK Market which returned 11.7% over the past year.
|KETL Average Weekly Movement||5.4%|
|Electronic Industry Average Movement||5.5%|
|Market Average Movement||4.9%|
|10% most volatile stocks in GB Market||9.7%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: KETL is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KETL's weekly volatility (5%) has been stable over the past year.
About the Company
|2017||850||Mark Victor Bartlett||https://www.strixplc.com|
Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices.
Strix Group Fundamentals Summary
|KETL fundamental statistics|
Is KETL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KETL income statement (TTM)|
|Cost of Revenue||UK£69.15m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.12|
|Net Profit Margin||21.05%|
How did KETL perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is Strix 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: KETL (£2.9) is trading below our estimate of fair value (£3.91)
Significantly Below Fair Value: KETL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KETL is good value based on its PE Ratio (24.7x) compared to the UK Electronic industry average (30.8x).
PE vs Market: KETL is poor value based on its PE Ratio (24.7x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: KETL is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: KETL is overvalued based on its PB Ratio (31.5x) compared to the GB Electronic industry average (2.9x).
How is Strix Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KETL's forecast earnings growth (12.5% per year) is above the savings rate (0.9%).
Earnings vs Market: KETL's earnings (12.5% per year) are forecast to grow slower than the UK market (12.6% per year).
High Growth Earnings: KETL's earnings are forecast to grow, but not significantly.
Revenue vs Market: KETL's revenue (11.3% per year) is forecast to grow faster than the UK market (4.9% per year).
High Growth Revenue: KETL's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KETL's Return on Equity is forecast to be high in 3 years time
How has Strix Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KETL has a large one-off loss of £7.7M impacting its June 30 2021 financial results.
Growing Profit Margin: KETL's current net profit margins (21%) are lower than last year (25.1%).
Past Earnings Growth Analysis
Earnings Trend: KETL's earnings have grown by 0.1% per year over the past 5 years.
Accelerating Growth: KETL's earnings growth over the past year (10.3%) exceeds its 5-year average (0.1% per year).
Earnings vs Industry: KETL earnings growth over the past year (10.3%) underperformed the Electronic industry 20.3%.
Return on Equity
High ROE: Whilst KETL's Return on Equity (122.19%) is outstanding, this metric is skewed due to their high level of debt.
How is Strix Group's financial position?
Financial Position Analysis
Short Term Liabilities: KETL's short term assets (£56.2M) exceed its short term liabilities (£39.4M).
Long Term Liabilities: KETL's short term assets (£56.2M) do not cover its long term liabilities (£69.0M).
Debt to Equity History and Analysis
Debt Level: KETL's net debt to equity ratio (231.2%) is considered high.
Reducing Debt: KETL's debt to equity ratio has increased from 30.1% to 308.6% over the past 5 years.
Debt Coverage: KETL's debt is well covered by operating cash flow (59.3%).
Interest Coverage: KETL's interest payments on its debt are well covered by EBIT (29.4x coverage).
What is Strix Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KETL's dividend (2.76%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: KETL's dividend (2.76%) is low compared to the top 25% of dividend payers in the UK market (4.15%).
Stability and Growth of Payments
Stable Dividend: KETL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KETL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.3%), KETL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KETL's dividends in 3 years are forecast to be well covered by earnings (49.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Victor Bartlett (56 yo)
Mr. Mark Victor Edward Bartlett serves as Chief Executive Officer of Strix Group Plc. and has been its Executive Director since July 14, 2017. Mr. Bartlett joined Strix in 2006.He leads the organisation,...
CEO Compensation Analysis
Compensation vs Market: Mark Victor's total compensation ($USD1.11M) is about average for companies of similar size in the UK market ($USD1.03M).
Compensation vs Earnings: Mark Victor's compensation has been consistent with company performance over the past year.
Experienced Management: KETL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: KETL's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KETL insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
Strix Group Plc's employee growth, exchange listings and data sources
- Name: Strix Group Plc
- Ticker: KETL
- Exchange: AIM
- Founded: 2017
- Industry: Electronic Components
- Sector: Tech
- Market Cap: UK£598.839m
- Shares outstanding: 206.50m
- Website: https://www.strixplc.com
Number of Employees
- Strix Group Plc
- Forrest House
- Isle Of Man
- IM9 2RG
- Isle of Man
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/28 18:53|
|End of Day Share Price||2021/11/26 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.