FW Thorpe Plc (TFW) AI Stock Analysis

• Market Cap: £340.29M
• Dividend Yield: 2.22%
• Average Volume (3M): 44.97K
• Price to Earnings (P/E): 14.6
• Beta (1Y): -0.01
• Revenue Growth: -0.29%
• EPS Growth: 11.71%
• Country: UK
• Employees: 900
• Sector: Industrials
• Sector Strength: 94
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.21
• Shares Outstanding: 116,536,910
• 10 Day Avg. Volume: 33,082
• 30 Day Avg. Volume: 44,971
• PEG Ratio: 2.75
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.59
• 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: 78 Outperform
• Price Target: 351.00p ▲(13.96%Upside)

FW Thorpe Plc's solid financial performance and positive corporate events are the primary drivers of the stock score. While technical indicators show upward momentum, the stock's price is slightly below the 200-day moving average. Valuation is fair, with a moderate P/E ratio and a reasonable dividend yield.

FW Thorpe Plc Business Overview & Revenue Model

Company Description

FW Thorpe Plc, together with its subsidiaries, designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, rest of Europe, and internationally. The company offers professional lighting and control systems, including recessed, surface, and suspended luminaires; emergency lighting systems; hazardous area lighting; high and low bay luminaires; lighting controls; and exterior lighting products for commercial, industrial, education, healthcare, manufacturing, retail, display, and hospitality markets. It also provides emergency exit signage and lighting systems for commercial, hospitality, and healthcare markets; and clean room lighting equipment and luminaires for laboratories, pharmaceutical, and semi-conductor manufacturing areas, including hospitals, kitchens, and food preparation applications. In addition, the company offers lighting products to the advertising, brewery, retail, and sign lighting industries; and street lighting, outdoor wall and ceiling luminaires, amenity lighting products, and LED road and tunnel luminaires for infrastructure, housing, and car parking areas. The company offers its lighting products under the Thorlux Lighting, Philip Payne, Solite, Portland Lighting, TRT Lighting, Lightronics, Famostar, and Luxintec brands. FW Thorpe Plc was founded in 1936 and is headquartered in Redditch, the United Kingdom.

How the Company Makes Money

FW Thorpe Plc generates revenue through the sale of its lighting products and solutions. The company designs and manufactures a wide array of lighting systems, which it sells to a diverse customer base across different sectors such as commercial, industrial, and public sector entities. Revenue is primarily driven by product sales, which are often enhanced by the company's ability to offer customized lighting solutions. In addition to direct sales, FW Thorpe may also engage in partnerships with distributors and other industry players to expand its market reach. The company's focus on energy-efficient LED technology and innovation in lighting design also plays a crucial role in maintaining its competitive advantage and driving sales growth.

FW Thorpe Plc Financial Statement Overview

Summary

FW Thorpe Plc presents a solid financial profile characterized by strong profitability, a robust balance sheet with minimal leverage, and excellent cash flow generation. The company's financial health remains strong, supported by effective cost management and strategic investment in capital expenditures.

Income Statement

FW Thorpe Plc demonstrates robust profitability with a consistent gross profit margin around 48.6% in the latest year and a notable net profit margin of 13.8%. Revenue growth has been steady, with a 22.3% increase from 2022 to 2023, although there was a slight decline of 0.5% from 2023 to 2024. EBIT and EBITDA margins also reflect strong operational efficiency, indicating a stable financial performance.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio significantly below 0.1, highlighting minimal leverage. The equity ratio is solid at 73.9%, indicating a strong capital structure. Return on equity stands at 13.8%, showcasing efficient utilization of equity capital. The financial position is strong, with ample liquidity and low financial risk.

Cash Flow

FW Thorpe Plc exhibits healthy cash flow metrics, with operating cash flow substantially exceeding net income, reflected in a strong operating cash flow to net income ratio. Free cash flow growth is impressive at 51.3% from 2023 to 2024, with a robust free cash flow to net income ratio, indicating effective cash generation and operational efficiency.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
176.97M	175.80M	176.75M	143.72M	117.88M	113.34M
	Gross Profit
86.61M	85.44M	73.40M	60.06M	53.06M	47.41M
	EBIT
30.96M	30.63M	26.62M	23.63M	19.64M	15.49M
	EBITDA
38.24M	37.86M	35.36M	30.60M	25.82M	21.29M
	Net Income Common Stockholders
24.72M	24.31M	21.93M	20.07M	15.81M	13.31M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
54.63M	56.34M	36.28M	42.38M	77.67M	63.63M
	Total Assets
233.07M	238.90M	228.02M	206.65M	181.80M	169.34M
	Total Debt
9.23M	4.16M	7.53M	5.18M	661.00K	637.00K
	Net Debt
-27.92M	-29.78M	-27.48M	-30.33M	-51.61M	-43.78M
	Total Liabilities
56.62M	62.13M	67.68M	61.30M	44.81M	41.04M
	Stockholders Equity
176.45M	176.76M	160.34M	145.35M	136.99M	128.30M
Cash Flow		Free Cash Flow
44.55M	34.08M	22.52M	12.33M	17.48M	11.19M
	Operating Cash Flow
48.72M	41.37M	32.52M	20.20M	22.16M	19.89M
	Investing Cash Flow
-18.45M	-28.32M	-23.29M	-24.19M	-6.06M	982.00K
	Financing Cash Flow
-17.33M	-13.81M	-9.57M	-12.92M	-7.14M	-7.53M

FW Thorpe Plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 308.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TFW, the sentiment is Positive. The current price of 308 is above the 20-day moving average (MA) of 293.10, above the 50-day MA of 290.74, and below the 200-day MA of 311.86, indicating a neutral trend. The MACD of 1.72 indicates Negative momentum. The RSI at 62.23 is Neutral, neither overbought nor oversold. The STOCH value of 52.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TFW.

FW Thorpe Plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TFW	78 Outperform	£340.29M	14.61	14.53%	2.22%	-0.29%	11.71%
Sector *	65 Neutral	$4.46B	12.18	5.23%	249.77%	4.11%	-12.28%
DIA		£42.61M	―	-45.38%	―	―	―
VLX	78 Outperform	£531.23M	15.34	13.60%	1.49%	31.15%	5.55%
LUCE	71 Outperform	£223.48M	15.22	15.40%	3.45%	16.03%	-11.84%
XPP	59 Neutral	£218.27M	―	-6.40%	―	-21.84%	10.56%
LPA	53 Neutral	£6.94M	7.61	-2.03%	1.74%	8.45%	-137.73%

FW Thorpe Plc Corporate Events

FW Thorpe Plc Acquires Own Shares, Adjusts Voting Rights

FW Thorpe Plc has announced the purchase of 25,000 of its ordinary shares at a price of 290.0 pence per share, which will be held in treasury. This transaction affects the company’s total voting rights, now consisting of 116,511,908 shares, impacting shareholder calculations regarding their interests in the company’s share capital.

FW Thorpe Plc Acquires 280,000 Ordinary Shares

FW Thorpe Plc announced the purchase of 280,000 of its ordinary shares at a price of 290.0 pence per share, which will be held in treasury. This transaction affects the company’s total voting rights, now consisting of 116,536,908, which shareholders can use to determine their share capital interests under the DTRs.

FW Thorpe Plc Acquires 200,000 Own Shares

FW Thorpe Plc announced the purchase of 200,000 of its ordinary shares at a price of 290.0 pence per share, which will be held in treasury. This transaction affects the company’s total issued share capital, now consisting of 118,935,590 ordinary shares, with 116,816,908 voting rights, impacting shareholder calculations regarding their interest in the company.

FW Thorpe Plc Acquires 75,000 Shares for Treasury

FW Thorpe Plc announced the purchase of 75,000 of its ordinary shares at a price of 290.0 pence per share, which will be held in treasury. This transaction impacts the company’s total voting rights, now consisting of 117,016,908 shares, potentially affecting shareholder notifications under the DTRs.

FW Thorpe Plc Acquires 25,000 Ordinary Shares

FW Thorpe Plc announced the purchase of 25,000 of its ordinary shares at a price of 290.0 pence per share, which will be held in treasury. This transaction impacts the company’s total voting rights, now standing at 117,091,908, which shareholders can use as a denominator for calculating their interest in the company’s share capital.

FW Thorpe Plc Acquires 25,000 Ordinary Shares

FW Thorpe Plc announced the purchase of 25,000 of its ordinary shares at a price of 288.0 pence per share, which will be held in treasury. This transaction impacts the company’s total voting rights, now consisting of 117,116,908 shares, which shareholders can use as a basis for determining changes in their share capital interests.

FW Thorpe Plc Acquires 100,000 Shares for Treasury

FW Thorpe Plc has announced the purchase of 100,000 of its ordinary shares at a price of 290.0 pence per share, which will be held in treasury. This transaction impacts the company’s total voting rights, now consisting of 117,141,908 shares, and is relevant for shareholders determining their interest in the company’s share capital.

FW Thorpe Plc Announces Share Buyback

FW Thorpe Plc has repurchased 100,000 of its ordinary shares at a price of 288.0 pence per share, which will be held in treasury. This transaction affects the company’s total issued share capital and voting rights, with implications for shareholder notifications regarding their interest in the company’s share capital.

FW Thorpe Plc Acquires 100,000 Ordinary Shares

FW Thorpe Plc announced the purchase of 100,000 of its ordinary shares at a price of 288.0 pence per share, which will be held in treasury. This transaction affects the company’s total voting rights, now amounting to 117,241,908, and may influence shareholder notifications regarding their interest in the company’s share capital.

FW Thorpe Plc Reports Steady Growth and Increased Dividends

FW Thorpe Plc reported steady financial performance for the six months ending December 31, 2024, with a 1.4% increase in revenue to £83.8 million and a 4.6% rise in profit before tax to £11.2 million. The company saw growth in its UK operations, particularly Thorlux and Zemper, while Dutch operations faced challenges. The board approved a 3.5% increase in interim dividends, reflecting confidence in future profitability despite rising costs. Investments in new machinery and electric vehicles aim to enhance efficiency and reduce environmental impact, while the company maintains a strong order book and balance sheet.