OTCPK:TTND.Y

Stock Analysis Report

Executive Summary

Techtronic Industries Company Limited, an investment holding company, engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floor care and appliances in Hong Kong, North America, Europe, and internationally.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential and pays a dividend.


Similar Companies

Share Price & News

How has Techtronic Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.2%

OTCPK:TTND.Y

-2.5%

US Machinery

-1.6%

US Market


1 Year Return

12.5%

OTCPK:TTND.Y

-9.9%

US Machinery

-3.0%

US Market

TTND.Y outperformed the Machinery industry which returned -9.9% over the past year.

TTND.Y outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

TTND.YIndustryMarket
7 Day-1.2%-2.5%-1.6%
30 Day-11.8%-11.7%-5.7%
90 Day7.0%-4.2%0.2%
1 Year14.4%12.5%-8.0%-9.9%-0.8%-3.0%
3 Year78.6%71.0%32.5%23.9%38.1%29.1%
5 Year139.6%124.3%32.8%16.3%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Techtronic Industries undervalued based on future cash flows and its price relative to the stock market?

22.08x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Techtronic Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Techtronic Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Techtronic Industries is overvalued based on earnings compared to the US Machinery industry average.

Techtronic Industries is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Techtronic Industries is poor value based on expected growth next year.


Price Based on Value of Assets

Techtronic Industries is overvalued based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

How is Techtronic Industries expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

17.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Techtronic Industries's revenue is expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).

Techtronic Industries's earnings are expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).

Techtronic Industries's revenue growth is expected to exceed the United States of America market average.

Techtronic Industries's earnings growth is expected to exceed the United States of America market average.

Techtronic Industries's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Techtronic Industries is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Techtronic Industries performed over the past 5 years?

15.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Techtronic Industries's year on year earnings growth rate has been positive over the past 5 years.

Techtronic Industries's 1-year earnings growth is less than its 5-year average (11.9% vs 15.1%)

Techtronic Industries's earnings growth has not exceeded the US Machinery industry average in the past year (11.9% vs 17.5%).


Return on Equity

Techtronic Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Techtronic Industries used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Techtronic Industries has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Techtronic Industries's financial position?


Financial Position Analysis

Techtronic Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Techtronic Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Techtronic Industries's level of debt (52.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (62.6% vs 52.9% today).

Debt is well covered by operating cash flow (47.2%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 42.5x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.8x debt.


Next Steps

Dividend

What is Techtronic Industries's current dividend yield, its reliability and sustainability?

2.44%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Techtronic Industries's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Techtronic Industries's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).


Next Steps

Management

What is the CEO of Techtronic Industries's salary, the management and board of directors tenure and is there insider trading?

16.6yrs

Average management tenure


CEO

Joe Galli (60yo)

11.5yrs

Tenure

US$16,803,000

Compensation

Mr. Joseph Galli, Jr., also known as Joe, BSBA, MBA, has been the Chief Executive Officer of Techtronic Industries Co. Ltd. (a/k/a, TTI) since February 1, 2008. Mr. Galli is responsible for integrating acq ...


CEO Compensation Analysis

Joe's remuneration is higher than average for companies of similar size in United States of America.

Joe's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

16.6yrs

Average Tenure

59.5yo

Average Age

The average tenure for the Techtronic Industries management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

15.3yrs

Average Tenure

65.5yo

Average Age

The average tenure for the Techtronic Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Horst Pudwill (74yo)

    Founder & Executive Chairman

    • Tenure: 34.6yrs
    • Compensation: US$13.16m
  • Joe Galli (60yo)

    CEO & Executive Director

    • Tenure: 11.5yrs
    • Compensation: US$16.80m
  • Philippe Buisson (59yo)

    Chief Financial Officer of Europe Middle East Africa

    • Tenure: 0.0yrs
  • Patrick Chan (59yo)

    Operations Director & Executive Director

    • Tenure: 29.6yrs
    • Compensation: US$3.37m
  • Frank Chan (65yo)

    Group CFO & Executive Director

    • Tenure: 27.5yrs
    • Compensation: US$3.71m
  • Stephan Pudwill (42yo)

    Vice Chairman

    • Tenure: 2.8yrs
    • Compensation: US$2.83m
  • Alexandre Duarte

    President of Europe

    • Tenure: 0.0yrs
  • Mike Brendle

    Managing Director of TTI Australia & New Zealand

    • Tenure: 0.0yrs
  • Dyann Kostello

    Vice-President and General Counsel

    • Tenure: 0.0yrs
  • Scott Hetherington

    Senior Vice President of Tax & Treasury

    • Tenure: 0.0yrs

Board Members

  • Horst Pudwill (74yo)

    Founder & Executive Chairman

    • Tenure: 34.6yrs
    • Compensation: US$13.16m
  • Roy Chung (66yo)

    Non-Executive Director

    • Tenure: 12.3yrs
    • Compensation: US$201.00k
  • Joe Galli (60yo)

    CEO & Executive Director

    • Tenure: 11.5yrs
    • Compensation: US$16.80m
  • Patrick Chan (59yo)

    Operations Director & Executive Director

    • Tenure: 29.6yrs
    • Compensation: US$3.37m
  • Vincent Cheung (77yo)

    Independent Non-Executive Director

    • Tenure: 28.6yrs
    • Compensation: US$243.00k
  • Christopher Patrick Langley (74yo)

    Independent Non-Executive Director

    • Tenure: 18.3yrs
    • Compensation: US$214.00k
  • Peter Sullivan (70yo)

    Independent Non-Executive Director

    • Tenure: 11.5yrs
    • Compensation: US$242.00k
  • Frank Chan (65yo)

    Group CFO & Executive Director

    • Tenure: 27.5yrs
    • Compensation: US$3.71m
  • Stephan Pudwill (42yo)

    Vice Chairman

    • Tenure: 2.8yrs
    • Compensation: US$2.83m
  • Camille Jojo (63yo)

    Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: US$289.00k

Company Information

Techtronic Industries Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Techtronic Industries Company Limited
  • Ticker: TTND.Y
  • Exchange: OTCPK
  • Founded: 1985
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$100.965b
  • Listing Market Cap: HK$12.873b
  • Shares outstanding: 1.83b
  • Website: https://www.ttigroup.com

Number of Employees


Location

  • Techtronic Industries Company Limited
  • Tower 2
  • 29th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TTND.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
669SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
TIB1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
669SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 1992
669SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJan 1992
TTND.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDFeb 1994

Biography

Techtronic Industries Company Limited, an investment holding company, engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floor care and appliances in Hong Kong,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:52
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.