1.79%
-14.15%
15.19%
-37.88%
-37.67%
-61.19%
-61.60%

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

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

The threat of substitutes for TT Electronics plc is medium due to the availability of alternative products and services in the market.

The bargaining power of customers for TT Electronics plc is low due to the company's strong brand reputation and diversified customer base.

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.

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.

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%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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, …
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 …
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 …
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. …
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, …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
0.91$
Current Price
0.91$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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