AIM:TWD

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Executive Summary

Trackwise Designs plc develops, manufactures, and sells printed circuit boards in the United Kingdom, Europe, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

How has Trackwise Designs's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TWD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

46.7%

TWD

-0.8%

GB Electronic

0.07%

GB Market


1 Year Return

392.8%

TWD

27.6%

GB Electronic

-15.4%

GB Market

Return vs Industry: TWD exceeded the UK Electronic industry which returned 27.6% over the past year.

Return vs Market: TWD exceeded the UK Market which returned -15.4% over the past year.


Shareholder returns

TWDIndustryMarket
7 Day46.7%-0.8%0.07%
30 Day82.2%9.4%2.2%
90 Day242.2%10.9%-2.1%
1 Year392.8%392.8%28.7%27.6%-12.1%-15.4%
3 Yearn/a46.7%40.9%-8.4%-19.7%
5 Yearn/a157.9%139.8%16.4%-9.7%

Price Volatility Vs. Market

How volatile is Trackwise Designs's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Trackwise Designs undervalued compared to its fair value and its price relative to the market?

54.69x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TWD (£3.08) is trading above our estimate of fair value (£1.08)

Significantly Below Fair Value: TWD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TWD is poor value based on its PE Ratio (54.7x) compared to the GB Electronic industry average (29.7x).

PE vs Market: TWD is poor value based on its PE Ratio (54.7x) compared to the UK market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: TWD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: TWD is overvalued based on its PB Ratio (4.6x) compared to the GB Electronic industry average (2.3x).


Next Steps

Future Growth

How is Trackwise Designs forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-4.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TWD's earnings are forecast to decline over the next 3 years (-4.4% per year).

Earnings vs Market: TWD's earnings are forecast to decline over the next 3 years (-4.4% per year).

High Growth Earnings: TWD's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TWD's revenue (76.7% per year) is forecast to grow faster than the UK market (6% per year).

High Growth Revenue: TWD's revenue (76.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TWD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Trackwise Designs performed over the past 5 years?

37.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TWD has a high level of non-cash earnings.

Growing Profit Margin: TWD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TWD's earnings have grown significantly by 37% per year over the past 5 years.

Accelerating Growth: TWD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TWD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-2.1%).


Return on Equity

High ROE: TWD's Return on Equity (7.5%) is considered low.


Next Steps

Financial Health

How is Trackwise Designs's financial position?


Financial Position Analysis

Short Term Liabilities: TWD's short term assets (£7.0M) exceed its short term liabilities (£2.8M).

Long Term Liabilities: TWD's short term assets (£7.0M) exceed its long term liabilities (£5.3M).


Debt to Equity History and Analysis

Debt Level: TWD is debt free.

Reducing Debt: TWD had no debt 5 years ago.

Debt Coverage: TWD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TWD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Trackwise Designs's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TWD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TWD'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 TWD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TWD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TWD is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TWD's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

UK£214k

CEO Compensation


CEO

Philip Johnston

no data

Tenure

UK£213,583

Compensation

Mr. Philip W. Johnston serves as Chief Executive Officer and Director of Trackwise Designs Ltd. Mr. Johnston’s early career was in the space industry which included a key management role in the Prime Contr ...


CEO Compensation Analysis

Compensation vs Market: Philip's total compensation ($USD278.66K) is about average for companies of similar size in the UK market ($USD358.67K).

Compensation vs Earnings: Philip's compensation has been consistent with company performance over the past year.


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 49.7%.


Top Shareholders

Company Information

Trackwise Designs plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Trackwise Designs plc
  • Ticker: TWD
  • Exchange: AIM
  • Founded: 1989
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: UK£68.110m
  • Shares outstanding: 22.11m
  • Website: https://www.trackwise.co.uk

Number of Employees


Location

  • Trackwise Designs plc
  • 1 Ashvale
  • Alexandra Way
  • Tewkesbury
  • Gloucestershire
  • GL20 8HB
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TWDAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2018

Biography

Trackwise Designs plc develops, manufactures, and sells printed circuit boards in the United Kingdom, Europe, and internationally. The company’s circuits are used in RF/antenna and lightweight interconnect ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/23 21:27
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.