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TT Electronics
(LSE:TTG)
TT Electronics (TTG) vs. iShares MSCI United Kingdom ETF (EWC)
TT Electronics Business Overview & Revenue Model
TT Electronics Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 521.10M | 613.90M | 617.00M | 476.20M | 431.80M |
| Gross Profit | 109.70M | 147.00M | 135.50M | 115.60M | 99.10M |
| EBITDA | -5.50M | 31.40M | 20.90M | 41.50M | 28.30M |
| Net Income | -53.40M | -6.80M | -13.20M | 12.80M | 1.30M |
Balance Sheet | |||||
| Total Assets | 512.30M | 655.10M | 707.20M | 671.40M | 572.80M |
| Cash, Cash Equivalents and Short-Term Investments | 69.20M | 74.10M | 65.00M | 68.30M | 70.20M |
| Total Debt | 166.60M | 201.30M | 203.40M | 170.80M | 154.10M |
| Total Liabilities | 317.40M | 384.60M | 410.20M | 341.40M | 274.80M |
| Stockholders Equity | 194.90M | 270.50M | 297.00M | 328.00M | 296.00M |
Cash Flow | |||||
| Free Cash Flow | 33.70M | 38.40M | -1.60M | -2.70M | 14.80M |
| Operating Cash Flow | 40.60M | 62.90M | 12.70M | 14.30M | 28.20M |
| Investing Cash Flow | 3.50M | -27.60M | -22.30M | -8.20M | -51.90M |
| Financing Cash Flow | -51.80M | -19.60M | 400.00K | -8.90M | 33.40M |
TT Electronics Technical Analysis
TT Electronics Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £116.16M | 21.79 | 8.61% | 0.81% | -11.80% | -32.11% | |
72 Outperform | £93.68M | 26.81 | 7.69% | ― | -5.19% | 115.58% | |
71 Outperform | £598.32M | 57.42 | 12.29% | 1.66% | -1.84% | 9.56% | |
66 Neutral | £188.91M | ― | ― | ― | ― | ||
65 Neutral | £165.40M | 30.38 | 4.79% | 1.19% | 1.74% | 359.50% | |
63 Neutral | $33.24B | 5.92 | -11.55% | 1.90% | 5.54% | -20.14% | |
54 Neutral | £190.95M | ― | -22.95% | 3.11% | -15.12% | -690.29% |
TT Electronics Corporate Events
TT Electronics reported a 5.5% decline in group revenue for the first five months of 2025, with strong performance in Europe offset by challenges in Asia and North America. The company is progressing with a strategic review of its Components business, which includes closing its Plano, Texas operations due to previous losses. The Aerospace and Defence sector remains robust, and the company expects adjusted operating profit to align with previous guidance, despite potential leverage exceeding 2x by June 2025. TT Electronics is focused on operational improvements and efficiency to maximize shareholder value.
The most recent analyst rating on (GB:TTG) stock is a Hold with a £85.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.
TT Electronics has announced the appointment of Karina Rigby as a Non-Executive Director, effective October 1, 2025. Rigby brings over 25 years of experience in industrial companies, having held senior roles at Eaton Corporation and Siemens. Her expertise in value creation and business transformation is expected to enhance the board’s strategic and operational capabilities, driving future growth and operational excellence for TT Electronics.
The most recent analyst rating on (GB:TTG) stock is a Hold with a £85.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.
TT Electronics Plc has announced a change in its major holdings, with DBAY Advisors Limited, acting as an investment manager for DouglasBay Capital IV Fund LP, increasing their voting rights to 14.62% from a previous 13.15%. This change reflects a strategic move by DBAY Advisors Limited, potentially impacting TT Electronics’ governance and decision-making processes, and indicating confidence in the company’s future prospects.
The most recent analyst rating on (GB:TTG) stock is a Hold with a £85.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.
TT Electronics has announced that as of May 31, 2025, the total number of ordinary shares in issue is 178,050,800, each carrying voting rights. This figure is crucial for shareholders and others with notification obligations to determine their interest in the company under the Financial Conduct Authority’s Disclosure and Transparency Rules.
The most recent analyst rating on (GB:TTG) stock is a Hold with a £85.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.
TT Electronics has announced the submission of its Notice of Annual General Meeting for 2025, scheduled for 30 June 2025, to the National Storage Mechanism. This announcement is part of their ongoing commitment to transparency and accessibility for stakeholders, with further details available on their investor relations website.
The most recent analyst rating on (GB:TTG) stock is a Buy with a £1.70 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.
TT Electronics has appointed Richard Webb as Interim Chief Financial Officer and a member of the Board, effective 12 May 2025. Webb, who previously served as Group CFO at Ultra Electronics, brings extensive experience in driving growth and efficiency within the electronics sector. His appointment is expected to enhance TT Electronics’ performance and strategic initiatives in its key markets.
TT Electronics, a company listed on the stock exchange, has announced a change in its major holdings. DBAY Advisors Limited, acting as an investment manager for DouglasBay Capital IV Fund LP, has increased its voting rights in TT Electronics to 13.15%, up from a previous 12.76%. This change was officially noted on April 25, 2025, and reported on April 29, 2025. The increase in voting rights signifies a strategic move by DBAY Advisors, potentially impacting TT Electronics’ governance and future strategic decisions.
TT Electronics has submitted its Annual Report and Accounts to the National Storage Mechanism, making it available for public inspection. The company plans to announce the details of its upcoming Annual General Meeting, scheduled for June 30, 2025, in due course. This release ensures transparency and keeps stakeholders informed about the company’s financial health and future plans.
TT Electronics plc announced a correction to its Long Term Incentive Plan, clarifying that the grant date for a conditional award of shares was 22 April 2025. The award, granted to Acting CEO Eric Lakin, is contingent on meeting specific performance targets over three years, including earnings per share growth, shareholder return, and cash conversion. This plan reflects the company’s commitment to aligning executive incentives with shareholder interests and enhancing its competitive positioning.
TT Electronics plc has announced the granting of a conditional award of ordinary shares under its Long Term Incentive Plan 2024 to Eric Lakin, the Acting Chief Executive Officer. The award, which is subject to performance conditions over a three-year period, aims to align executive incentives with company performance metrics such as earnings per share growth, shareholder return, and operating cash conversion. This move is expected to strengthen TT Electronics’ leadership stability and potentially enhance its market positioning by driving performance improvements.
TT Electronics Plc has announced a significant change in its voting rights structure, with DBAY Advisors Limited, acting as an investment manager for DouglasBay Capital IV Fund LP, increasing its voting rights from 8.89% to 12.76%. This acquisition of voting rights could potentially influence the company’s strategic decisions and impact its market positioning, reflecting a shift in stakeholder influence.
TT Electronics PLC announced that Eric Lakin, the Acting CEO and Executive Director, has acquired 65,886 ordinary shares of the company at a price of £0.759 per share. This transaction, compliant with the EU Market Abuse Regulation, reflects a significant personal investment by a key executive, potentially signaling confidence in the company’s future performance and stability.
TT Electronics announced that Warren Tucker, the Chairman and Non-executive director, has acquired 32,902 ordinary shares of the company at a price of £0.756 per share. This transaction, compliant with the EU Market Abuse Regulation, increases Tucker’s total shareholding to 92,977 shares, reflecting a vote of confidence in the company’s future prospects.
TT Electronics reported its 2024 financial results, highlighting strategic progress in Europe and Asia despite challenges in North America. The company’s revenue decreased by 15% to £521.1 million, with adjusted operating profit down 17% due to a weak components market. Project Dynamo aims to improve cost savings and margins, while operational issues in North America are being addressed. The company remains focused on operational improvements and expects a range of outcomes for 2025 amid market uncertainties.
TT Electronics announced significant management changes and a business update. Peter France has stepped down as CEO, with Eric Lakin appointed as acting CEO. The company is seeking an interim CFO and exploring options for its underperforming Components segment. The Board is deploying external resources to improve operations at its Cleveland facility, aiming to stabilize the company’s financial and operational footing and enhance shareholder value.
TT Electronics Plc has announced a significant change in its voting rights structure, with DBAY Advisors Limited, acting as an investment manager for DouglasBay Capital IV Fund LP, increasing its voting rights from 6.65% to 8.89%. This change reflects a strategic move by DBAY Advisors to strengthen its influence within the company, potentially impacting TT Electronics’ governance and strategic direction.
TT Electronics plc announced that it will release its final results for the year ending 31 December 2024 on 10 April 2025. The company will hold a management presentation for analysts and investors on the same day, which will be accessible online, with a recording available later. This announcement is part of TT Electronics’ ongoing communication with stakeholders, reflecting its commitment to transparency and its strategic positioning in high-growth markets.