Company Valuation: TT Electronics plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 448.3 305.2 276.3 188.1 204 313.7 - -
Change - -31.91% -9.49% -31.92% 8.47% 53.75% - -
Enterprise Value (EV) 1 550.8 443.6 402.5 285.5 268.7 364.8 347.4 326.3
Change - -19.46% -9.28% -29.07% -5.87% 35.77% -4.77% -6.07%
P/E 35.6x -23.2x -40.1x -3.51x -4.01x 19.9x 13.1x 10.5x
PBR 1.36x 1.03x 1.03x 0.97x 1.41x 1.92x 1.66x 1.48x
PEG - 0x 0.8x -0x 0.71x -0x 0.3x 0.4x
Capitalization / Revenue 0.94x 0.49x 0.45x 0.36x 0.42x 0.65x 0.62x 0.59x
EV / Revenue 1.16x 0.72x 0.66x 0.55x 0.56x 0.76x 0.69x 0.62x
EV / EBITDA 10.8x 7.02x 5.81x 5.61x 5.45x 6.84x 5.9x 4.99x
EV / EBIT 15.8x 9.42x 7.62x 7.69x 7.22x 9.14x 7.67x 6.48x
EV / FCF -424x -33.9x 16.8x 10.3x 8.99x 38.9x 17.2x 12.5x
FCF Yield -0.24% -2.95% 5.94% 9.7% 11.1% 2.57% 5.81% 7.98%
Dividend per Share 2 0.056 0.063 0.068 0.0225 - 0.008 0.03 0.0404
Rate of return 2.19% 3.62% 4.35% 2.12% - 0.46% 1.71% 2.3%
EPS 2 0.072 -0.075 -0.039 -0.302 -0.285 0.0885 0.1345 0.167
Distribution rate 77.8% -84% -174% -7.45% - 9.04% 22.3% 24.2%
Net sales 1 476.2 617 613.9 521.1 481.4 481.4 503 527.3
EBITDA 1 50.9 63.2 69.3 50.9 49.3 53.32 58.92 65.4
EBIT 1 34.8 47.1 52.8 37.1 37.2 39.92 45.3 50.34
Net income 1 12.8 -13.2 -6.8 -53.4 -50.6 17.4 26.42 31.22
Net Debt 1 102.5 138.4 126.2 97.4 64.7 51.16 33.74 12.64
Reference price 2 2.560 1.740 1.562 1.060 1.144 1.758 1.758 1.758
Nbr of stocks (in thousands) 1,75,115 1,75,422 1,76,870 1,77,435 1,78,331 1,78,424 - -
Announcement Date 09/03/22 08/03/23 07/03/24 10/04/25 25/03/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.86x0.76x6.84x0.46% 41Cr
34.12x6.35x19.36x0.66% 21TCr
61.15x7.63x26.14x0.71% 14TCr
34.41x12.23x22.34x0.8% 12TCr
13.47x0.31x6.78x3.73% 11TCr
41.96x6.89x22.53x0.83% 9.77TCr
75.33x8.08x37.26x0.19% 8.64TCr
25.33x9.09x18.46x0.5% 8.09TCr
45.53x6.37x24x0.01% 6.6TCr
20.27x3.41x13.04x1.32% 6.38TCr
Average 37.14x 6.11x 19.67x 0.92% 9.85TCr
Weighted average by Cap. 39.25x 6.83x 21.00x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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