AI Spotlight on TTG
Company Description
TT Electronics plc provides engineered electronics for performance critical applications in the automation and electrification, healthcare, and aerospace and defense markets worldwide.The company operates through 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.
This segment collaborates with customers for developing solutions to optimize their electronic systems.The Global Manufacturing Solutions division provides manufacturing services and engineering solutions for its product divisions and to customers that require a lower volume and higher mix of various products.This segment manufactures integrated product assemblies, as well as provides designing testing solutions and value-engineering services.
The Sensors and Specialist Components division works with customers to develop standard and customized solutions, including sensors and power management devices.Its solutions enhance the precision, speed, and reliability of critical aspects of its customers' applications.The company offers its products and services under the AB Connectors, Aero Stanrew, BI Technologies, IRC, OPTEK Technology, Precision, Power Partners, PowerPax, Stontronics, Torotel, Semelab, Welwyn, and Roxspur Measurement & Control brands.
The company was formerly known as TT Group plc and changed its name to TT Electronics plc in 2000.TT Electronics plc was incorporated in 1906 and is headquartered in Woking, the United Kingdom.
Market Data
Last Price | 91 |
Change Percentage | 1.79% |
Open | 87 |
Previous Close | 89.4 |
Market Cap ( Millions) | 161 |
Volume | 484189 |
Year High | 184 |
Year Low | 71 |
M A 50 | 103.93 |
M A 200 | 126.51 |
Financial Ratios
FCF Yield | 11.64% |
Dividend Yield | 7.58% |
ROE | -4.73% |
Debt / Equity | 71.97% |
Net Debt / EBIDTA | 566.96% |
Price To Book | 0.6 |
Price Earnings Ratio | -12.66 |
Price To FCF | 8.59 |
Price To sales | 0.28 |
EV / EBITDA | 12.88 |
News
- Dec -10 - Form 8.3 - DS Smith plc
- Dec -06 - Form 8.3 - Direct Line Insurance Group plc
- Dec -04 - Form 8.3 - Hargreaves Lansdown plc
- Nov -25 - Form 8.3 - DS Smith plc
- Nov -22 - Form 8.3 - DS Smith plc
- Nov -21 - Form 8.3 - DS Smith plc
- Nov -20 - Form 8.3 - DS Smith plc
- Nov -18 - Form 8.3 - SEGRO plc
- Nov -15 - Form 8.3 - SEGRO plc
- Nov -15 - UK's TT Electronics rejects two takeover proposals from Volex
- Nov -15 - UK's TT Electronics rejects offers from Volex and mystery suitor
- Oct -09 - TT Electronics PLC (TTGPF) (H1 2024) Earnings Call Highlights: Navigating Growth and Challenges
- Sep -30 - TT Electronics plc's (LON:TTG) Intrinsic Value Is Potentially 75% Above Its Share Price
- Sep -02 - TT Electronics (LON:TTG) Has Announced A Dividend Of Β£0.0225
- Aug -11 - TT Electronics (LON:TTG) Has Announced A Dividend Of Β£0.0225
- May -11 - TT Electronics plc (LON:TTG) is a favorite amongst institutional investors who own 87%
- Apr -23 - Estimating The Intrinsic Value Of TT Electronics plc (LON:TTG)
- Apr -07 - Don't Buy TT Electronics plc (LON:TTG) For Its Next Dividend Without Doing These Checks
- Mar -27 - Schweiter Technologies (VTX:SWTQ) investors are sitting on a loss of 66% if they invested three years ago
- Mar -27 - Vontobel Holding (VTX:VONN) shareholders have endured a 14% loss from investing in the stock three years ago
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Global Manufacturing Solutions
Expected Growth : 9.33 %
What the company do ?
Global Manufacturing Solutions from TT Electronics plc provides end-to-end electronics manufacturing services, from design and prototyping to production and logistics.
Why we expect these perspectives ?
TT Electronics plc's Global Manufacturing Solutions segment growth of 9.33% is driven by increasing demand for electrification in the automotive sector, growth in industrial automation, and rising adoption of IoT and 5G technologies. Additionally, the company's strategic acquisitions and investments in digital manufacturing capabilities have enhanced its competitiveness and fueled growth.
Segment nΒ°2 -> Power and Connectivity
Expected Growth : 8.95 %
What the company do ?
Power and Connectivity from TT Electronics plc offers a wide range of power supplies, connectors, and cables for industrial, aerospace, and defense applications.
Why we expect these perspectives ?
TT Electronics plc's Power and Connectivity segment growth of 8.95% is driven by increasing demand for electric vehicles, renewable energy systems, and industrial automation. Additionally, the company's strategic acquisitions and investments in research and development have enhanced its product offerings, further contributing to the segment's growth.
Segment nΒ°3 -> Sensors and Specialist Components
Expected Growth : 8.9 %
What the company do ?
Sensors and Specialist Components from TT Electronics plc provide innovative sensing solutions and custom components for industrial, aerospace, and defense applications.
Why we expect these perspectives ?
TT Electronics' Sensors and Specialist Components segment growth of 8.9% is driven by increasing demand for electric vehicles, autonomous driving, and industrial automation. Additionally, the company's focus on innovation, strategic acquisitions, and expansion into high-growth markets such as aerospace and defense, and medical devices, contribute to its growth momentum.
Tt Electronics Plc Products
Product Range | What is it ? |
---|---|
Sensors | TT Electronics plc offers a wide range of sensors, including temperature, pressure, and position sensors, designed for use in harsh environments and extreme temperatures. |
Power Electronics | TT Electronics plc provides power electronic components, including power supplies, DC-DC converters, and electromagnetic interference (EMI) filters, designed for high-reliability applications. |
Connectors | TT Electronics plc offers a range of connectors, including circular, rectangular, and custom connectors, designed for use in harsh environments and high-reliability applications. |
Magnetics | TT Electronics plc provides a range of magnetic components, including inductors, transformers, and chokes, designed for use in high-reliability applications. |
Hybrid Microcircuits | TT Electronics plc offers custom hybrid microcircuits, designed for use in high-reliability applications, including aerospace, defense, and industrial control systems. |
Electromechanical Components | TT Electronics plc provides a range of electromechanical components, including switches, relays, and contactors, designed for use in harsh environments and high-reliability applications. |
TT Electronics plc's Porter Forces
Threat Of Substitutes
The threat of substitutes for TT Electronics plc is medium due to the availability of alternative products and services in the market.
Bargaining Power Of Customers
The bargaining power of customers for TT Electronics plc is low due to the company's strong brand reputation and diversified customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for TT Electronics plc is medium due to the company's dependence on a few key suppliers for critical components.
Threat Of New Entrants
The threat of new entrants for TT Electronics plc is low due to the high barriers to entry in the industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry for TT Electronics plc is high due to the competitive nature of the industry, with many established players competing for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 40.86% |
Debt Cost | 3.95% |
Equity Weight | 59.14% |
Equity Cost | 8.35% |
WACC | 6.55% |
Leverage | 69.09% |
TT Electronics plc : Quality Control
TT Electronics plc passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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HANZA.ST | Hanza AB (publ) provides manufacturing solutions. The company also offers cutting, bending, stamping, welding, and powder coating services for sheet and heavy mechanics; machining services, such as milling, turning, grinding, β¦ |
ICP1V.HE | Incap Oyj, together with its subsidiaries, provides electronics manufacturing services in Europe, North America, and Asia. The company produces inverters, UPS devices and printed circuit board (PCBs) for fuel dispensers β¦ |
ELTK | Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including β¦ |
NCAB.ST | NCAB Group AB (publ) manufactures and sells printed circuit boards (PCBs) worldwide. The company offers multilayer, high-density interconnect, radio frequency, insulated metal base, flexible, rigid-flex, semi-flex, and double sided PCBs. β¦ |
BAR.BR | Barco NV, together with its subsidiaries, develops visualization solutions for the entertainment, enterprise, and healthcare markets worldwide. The company operates through three divisions: Entertainment, Enterprise, and Healthcare. It offers cinema, β¦ |