TTG Stock Overview
TT Electronics plc provides engineered electronics for performance critical applications in the industrial, medical, and aerospace and defense markets worldwide.
No risks detected for TTG from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£2.62|
|52 Week High||UK£2.97|
|52 Week Low||UK£1.96|
|1 Month Change||6.50%|
|3 Month Change||0.96%|
|1 Year Change||25.96%|
|3 Year Change||33.00%|
|5 Year Change||72.09%|
|Change since IPO||131.18%|
Recent News & Updates
Analysts Have Made A Financial Statement On TT Electronics plc's (LON:TTG) Half-Year Report
It's been a good week for TT Electronics plc ( LON:TTG ) shareholders, because the company has just released its latest...
|TTG||GB Electronic||GB Market|
Return vs Industry: TTG exceeded the UK Electronic industry which returned -2.6% over the past year.
Return vs Market: TTG exceeded the UK Market which returned 7.8% over the past year.
|TTG Average Weekly Movement||4.9%|
|Electronic Industry Average Movement||5.3%|
|Market Average Movement||5.0%|
|10% most volatile stocks in GB Market||10.7%|
|10% least volatile stocks in GB Market||2.5%|
Stable Share Price: TTG is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TTG's weekly volatility (5%) has been stable over the past year.
About the Company
TT Electronics plc provides engineered electronics for performance critical applications in the industrial, medical, and aerospace and defense markets worldwide. The company operates in three divisions: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components. The Power and Connectivity division designs and manufactures power application products and connectivity devices, which enable the capture and wireless transfer of data.
TT Electronics Fundamentals Summary
|TTG fundamental statistics|
Is TTG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TTG income statement (TTM)|
|Cost of Revenue||UK£349.50m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 09, 2022
|Earnings per share (EPS)||0.057|
|Net Profit Margin||2.21%|
How did TTG perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is TT Electronics 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: TTG (£2.62) is trading below our estimate of fair value (£3.94)
Significantly Below Fair Value: TTG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TTG is poor value based on its PE Ratio (45.7x) compared to the UK Electronic industry average (28.1x).
PE vs Market: TTG is poor value based on its PE Ratio (45.7x) compared to the UK market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: TTG is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: TTG is good value based on its PB Ratio (1.5x) compared to the GB Electronic industry average (2.6x).
How is TT Electronics 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: TTG's forecast earnings growth (33.1% per year) is above the savings rate (0.9%).
Earnings vs Market: TTG's earnings (33.1% per year) are forecast to grow faster than the UK market (12.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TTG's revenue (5.3% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: TTG's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TTG's Return on Equity is forecast to be low in 3 years time (11%).
How has TT Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTG has high quality earnings.
Growing Profit Margin: TTG's current net profit margins (2.2%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: TTG's earnings have declined by 15% per year over the past 5 years.
Accelerating Growth: TTG's earnings growth over the past year (146.3%) exceeds its 5-year average (-15% per year).
Earnings vs Industry: TTG earnings growth over the past year (146.3%) exceeded the Electronic industry 10.3%.
Return on Equity
High ROE: TTG's Return on Equity (3.2%) is considered low.
How is TT Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: TTG's short term assets (£297.2M) exceed its short term liabilities (£148.0M).
Long Term Liabilities: TTG's short term assets (£297.2M) exceed its long term liabilities (£190.4M).
Debt to Equity History and Analysis
Debt Level: TTG's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: TTG's debt to equity ratio has increased from 52.5% to 59.7% over the past 5 years.
Debt Coverage: TTG's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: TTG's interest payments on its debt are well covered by EBIT (4.4x coverage).
What is TT Electronics's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TTG's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.41%).
High Dividend: TTG's dividend (1.37%) is low compared to the top 25% of dividend payers in the UK market (4.08%).
Stability and Growth of Payments
Stable Dividend: TTG's dividend payments have been volatile in the past 10 years.
Growing Dividend: TTG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (110.8%), TTG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TTG's dividends in 3 years are forecast to be well covered by earnings (34.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard Tyson (50 yo)
Mr. Richard Tyson, BSc (Hons), DipM, FRAes, has been Independent Non-Executive Director at The Vitec Group plc since April 02, 2018. He had been the Group Chief Executive Officer at TT Electronics plc sinc...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD1.36M) is about average for companies of similar size in the UK market ($USD1.08M).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
Experienced Management: TTG's management team is seasoned and experienced (7 years average tenure).
Experienced Board: TTG's board of directors are considered experienced (5.5 years average tenure).
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.
TT Electronics plc's employee growth, exchange listings and data sources
- Name: TT Electronics plc
- Ticker: TTG
- Exchange: LSE
- Founded: 1906
- Industry: Electronic Components
- Sector: Tech
- Implied Market Cap: UK£461.371m
- Shares outstanding: 176.10m
- Website: https://www.ttelectronics.com
Number of Employees
- TT Electronics plc
- St Andrews House
- Fourth Floor
- GU21 6EB
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/23 19:04|
|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.