Transense Technologies PLC (TRT) AI Stock Analysis

• Market Cap: £23.97M
• Dividend Yield: N/A
• Average Volume (3M): 14.19K
• Price to Earnings (P/E): 16.7
• Beta (1Y): 0.53
• Revenue Growth: 30.79%
• EPS Growth: -11.38%
• Country: UK
• Employees: 19
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Auto - Parts
• EPS (TTM): 0.04
• Shares Outstanding: 15,219,884
• 10 Day Avg. Volume: 3,614
• 30 Day Avg. Volume: 14,191
• PEG Ratio: 0.15
• Price to Book (P/B): 3.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 34.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: 182.00p ▲(15.56%Upside)

Transense Technologies PLC is a compelling investment opportunity with strong financial performance, strategic market expansions, and bullish technical indicators. While the stock's overbought status and absence of dividend yield might pose some risks, the company's solid financial foundation and strategic initiatives support a positive outlook.

Transense Technologies PLC Business Overview & Revenue Model

Company Description

Transense Technologies PLC (TRT) is a UK-based company specializing in sensor systems and technology solutions primarily for the automotive and industrial sectors. The company develops, manufactures, and markets advanced wireless sensor technologies, including Surface Acoustic Wave (SAW) sensors, which are used for a variety of applications such as tire pressure monitoring, torque measurement, and temperature sensing. Transense Technologies aims to enhance operational efficiency, safety, and productivity through its innovative sensor technologies.

How the Company Makes Money

Transense Technologies PLC generates revenue through the sale of its sensor systems and related technologies to a diverse range of industries, including automotive, aerospace, and industrial markets. Key revenue streams include direct product sales, licensing agreements, and royalties from patented technologies. The company also engages in strategic partnerships and collaborations with major industry players to integrate its sensor technologies into broader systems and solutions, contributing to its earnings. Significant factors impacting its revenue include the adoption rate of its technologies in various sectors and the success of its licensing and partnership agreements.

Transense Technologies PLC Financial Statement Overview

Summary

Transense Technologies PLC exhibits strong financial performance with significant revenue growth and high profit margins. The balance sheet is robust, characterized by high equity ratios and low leverage, indicating financial stability. Cash flow is positive, though there is room for improvement in free cash flow conversion.

Income Statement

The company has demonstrated strong revenue growth with a consistent upward trend over recent years. The Gross Profit Margin stands at a high 87.32%, indicating efficient production cost management. Net Profit Margin also improved significantly, currently at 37.44%. Both EBIT and EBITDA margins have shown substantial improvement, reflecting enhanced operational efficiency.

Balance Sheet

The company maintains a robust equity position with an Equity Ratio of 86.12%, indicating strong financial stability. The Debt-to-Equity ratio is low at 0.07, highlighting minimal leverage risk. Return on Equity is impressive at 28.12%, showcasing effective management in generating profits from shareholders' equity.

Cash Flow

Operating cash flow has improved substantially, with a positive Free Cash Flow growth rate. The Operating Cash Flow to Net Income ratio is strong at 0.99, indicating efficient cash conversion from profits. However, the Free Cash Flow to Net Income ratio is lower at 0.43, suggesting potential room for improvement in capital expenditure management.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2021	Jun 2022	Jun 2020
Income Statement
Total Revenue	4.83M	4.18M	3.53M	1.77M	2.63M	603.00K
Gross Profit	4.10M	3.65M	3.06M	1.18M	2.23M	332.00K
EBITDA	1.55M	1.57M	1.08M	61.00K	523.00K	-814.00K
Net Income	1.45M	1.56M	1.40M	156.00K	877.00K	-2.54M
Balance Sheet
Total Assets	6.83M	6.46M	4.56M	2.77M	3.76M	4.24M
Cash, Cash Equivalents and Short-Term Investments	1.19M	1.28M	978.00K	1.05M	1.05M	1.19M
Total Debt	357.00K	404.00K	36.00K	169.00K	107.00K	1.21M
Total Liabilities	638.00K	897.00K	370.00K	429.00K	667.00K	2.06M
Stockholders Equity	6.19M	5.57M	4.19M	2.34M	3.09M	2.18M
Cash Flow
Free Cash Flow	634.00K	680.00K	395.00K	-310.00K	308.00K	-3.13M
Operating Cash Flow	1.14M	1.56M	652.00K	-257.00K	408.00K	-1.86M
Investing Cash Flow	-911.00K	-883.00K	-257.00K	1.18M	-100.00K	-497.00K
Financing Cash Flow	-344.00K	-377.00K	-472.00K	-1.07M	-299.00K	901.00K

Transense Technologies PLC Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 157.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRT, the sentiment is Neutral. The current price of 157.5 is below the 20-day moving average (MA) of 161.63, above the 50-day MA of 146.95, and above the 200-day MA of 152.31, indicating a neutral trend. The MACD of 2.11 indicates Positive momentum. The RSI at 53.09 is Neutral, neither overbought nor oversold. The STOCH value of 30.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:TRT.

Transense Technologies PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRT	71 Outperform	£23.97M	16.72	26.18%	―	30.79%	-11.38%
ABDP	71 Outperform	£383.34M	36.05	8.09%	0.67%	12.52%	-22.03%
Sector *	66 Neutral	£1.86B	11.36	6.20%	3.10%	0.61%	-17.57%
CAR	58 Neutral	£34.21M	―	-44.37%	―	-8.33%	74.38%
AUTG	58 Neutral	£5.19M	―	-12.09%	―	-14.22%	-32.34%

Transense Technologies PLC Corporate Events

Transense Technologies PLC Announces Change in Voting Rights

Transense Technologies PLC has announced a change in its voting rights structure following an acquisition or disposal of shares by Doxa Partners LLP, which is based in London, UK. The transaction resulted in Doxa Partners LLP holding 6.93% of the total voting rights in Transense Technologies, a slight decrease from their previous position of 7.095%. This adjustment in voting rights could have implications for the company’s governance and stakeholder dynamics, reflecting a shift in shareholder influence.

Transense Technologies PLC Announces Change in Major Holdings

Transense Technologies PLC has announced a change in its major holdings, with Dowgate Group Limited acquiring additional voting rights, increasing their stake from 13.04% to 14.052%. This acquisition signifies a strengthened position for Dowgate Group Limited within the company, potentially impacting strategic decisions and future growth opportunities.

Transense Technologies Director Increases Shareholding

Transense Technologies PLC announced that its Managing Director, Ryan Maughan, has increased his shareholding in the company by purchasing 3,720 ordinary shares. This acquisition reflects confidence in the company’s future prospects and may positively influence stakeholder perception, as it demonstrates leadership’s commitment to the company’s growth and market positioning.

Transense Technologies Expands US Market Reach with ISI Collaboration

Transense Technologies has entered into a strategic licensing and supply agreement with ISI Interconnect Systems, a Molex company, to enhance the packaging and distribution of its SAW Application Specific Integrated Circuit (ASIC) technology in the US. This collaboration, following over a year of development, marks a significant milestone in Transense’s expansion into the US defense and aerospace sectors, strengthening its supply chain and positioning it to meet increasing demand. The agreement is expected to generate substantial new revenue and enhance the company’s ability to respond flexibly to US market demands, thereby reinforcing its industry positioning.

Transense Technologies PLC Announces Change in Major Shareholder Voting Rights

Transense Technologies PLC has announced a change in the voting rights held by Dowgate Group Limited, which now holds 13.04% of the voting rights, up from a previous 12.98%. This change reflects an acquisition or disposal of voting rights, indicating a slight increase in Dowgate’s influence within the company. The adjustment in voting rights could impact the company’s strategic decisions and governance, potentially affecting stakeholders’ interests.