Latest news with #TTElectronics
Daily Mail
05-05-2025
- Business
- Daily Mail
Half of all profit warnings by UK-listed firms now linked to tariffs and global trade disruption
Half of the profit warnings issued last month by UK-listed firms cited tariffs and the impact of global trade disruption. Analysis from accountancy giant EY shows there were 26 warnings in April, up from 21 in the same month last year. Of the 26, 13 cited tariffs. On average, the profit warnings – when companies disclose to investors that they expect profits to fall short of expectations – caused the affected company's share price to fall by 19 per cent on the day. In the first quarter of the year, 62 profit warnings were issued. That number was 11 per cent lower than the same period in 2024 but came before Donald Trump's so-called Liberation Day tariffs were announced at the start of April. UK-listed companies that have issued profit warnings in relation to tariffs in recent weeks include manufacturer TT Electronics and ship broking giant Clarkson. Others, including Peppa Pig toy maker Character Group, have withdrawn profit guidance amid the uncertainty.
Business Insider
01-05-2025
- Business
- Business Insider
Jefferies Keeps Their Hold Rating on TT Electronics (TTG)
Jefferies analyst Vanessa Jeffriess reiterated a Hold rating on TT Electronics (TTG – Research Report) today and set a price target of p77.00. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Currently, the analyst consensus on TT Electronics is a Hold with an average price target of p87.67. Based on TT Electronics' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p274.4 million and a net profit of p6 million. In comparison, last year the company earned a revenue of p309.1 million and had a net profit of p11.9 million
Yahoo
13-04-2025
- Business
- Yahoo
Eric Lakin Buys Handful Of Shares In TT Electronics
Even if it's not a huge purchase, we think it was good to see that Eric Lakin, the CFO & Director of TT Electronics plc (LON:TTG) recently shelled out UK£50k to buy stock, at UK£0.76 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In fact, the recent purchase by Eric Lakin was the biggest purchase of TT Electronics shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than UK£0.75 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. In the last twelve months TT Electronics insiders were buying shares, but not selling. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for TT Electronics There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data isn't picking up on much insider ownership at TT Electronics, though insiders do hold about UK£762k worth of shares. It's always possible we are missing something but from our data, it looks like insider ownership is minimal. It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. We would certainly prefer see higher levels of insider ownership but analysis of the insider transactions suggests that TT Electronics insiders are expecting a bright future. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 1 warning sign for TT Electronics and we suggest you have a look. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
12-04-2025
- Business
- Yahoo
TT Electronics Full Year 2024 Earnings: Misses Expectations
Revenue: UK£521.1m (down 15% from FY 2023). Net loss: UK£53.4m (loss widened by UK£46.6m from FY 2023). UK£0.30 loss per share (further deteriorated from UK£0.039 loss in FY 2023). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) was also behind analyst expectations. Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Performance of the British Electronic industry. The company's shares are down 4.1% from a week ago. We don't want to rain on the parade too much, but we did also find 1 warning sign for TT Electronics that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
12-04-2025
- Business
- Yahoo
TT Electronics plc (LON:TTG) Shares Could Be 44% Below Their Intrinsic Value Estimate
Using the 2 Stage Free Cash Flow to Equity, TT Electronics fair value estimate is UK£1.34 TT Electronics is estimated to be 44% undervalued based on current share price of UK£0.75 Analyst price target for TTG is UK£1.26 which is 5.7% below our fair value estimate In this article we are going to estimate the intrinsic value of TT Electronics plc (LON:TTG) by taking the expected future cash flows and discounting them to today's value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. It may sound complicated, but actually it is quite simple! We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (£, Millions) UK£15.9m UK£21.6m UK£27.7m UK£26.2m UK£25.4m UK£25.1m UK£25.0m UK£25.1m UK£25.3m UK£25.7m Growth Rate Estimate Source Analyst x4 Analyst x4 Analyst x2 Est @ -5.35% Est @ -3.05% Est @ -1.45% Est @ -0.32% Est @ 0.46% Est @ 1.01% Est @ 1.40% Present Value (£, Millions) Discounted @ 11% UK£14.3 UK£17.4 UK£20.1 UK£17.1 UK£14.9 UK£13.2 UK£11.8 UK£10.6 UK£9.6 UK£8.8 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = UK£138m We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.3%. We discount the terminal cash flows to today's value at a cost of equity of 11%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = UK£26m× (1 + 2.3%) ÷ (11%– 2.3%) = UK£291m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= UK£291m÷ ( 1 + 11%)10= UK£99m The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is UK£237m. The last step is to then divide the equity value by the number of shares outstanding. Compared to the current share price of UK£0.7, the company appears quite undervalued at a 44% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at TT Electronics as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 11%, which is based on a levered beta of 1.762. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. View our latest analysis for TT Electronics Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. Can we work out why the company is trading at a discount to intrinsic value? For TT Electronics, there are three important items you should explore: Risks: Be aware that TT Electronics is showing 1 warning sign in our investment analysis , you should know about... Future Earnings: How does TTG's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart . Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every British stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
