TT Electronics (TTG) AI Stock Analysis

• Market Cap: £269.49M
• Dividend Yield: N/A
• Average Volume (3M): 416.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: -16.33%
• EPS Growth: -448.12%
• Country: UK
• Employees: 3,901
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.02
• Shares Outstanding: 178,119,250
• 10 Day Avg. Volume: 307,252
• 30 Day Avg. Volume: 416,480
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.36
• P/FCF Ratio: 5.56
• 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: £101.67
• Price Target Upside: -33.98% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 55 Neutral
• Price Target: 156.00p ▲(1.30% Upside)

The overall stock score of 55 reflects the company's financial challenges, particularly in revenue and profitability, which are partially offset by strong cash flow management. Technical indicators suggest positive momentum, but valuation concerns due to negative earnings and lack of dividends weigh heavily. The earnings call highlighted regional challenges and restructuring efforts, adding a mixed sentiment to the outlook.

Positive Factors

Cash Flow Management

Strong cash conversion indicates effective cash management, providing financial flexibility and resilience despite revenue challenges.

European Market Performance

Growth in Europe with improved margins shows operational efficiency and market strength, supporting long-term profitability.

Aerospace & Defense Growth

Robust growth in Aerospace & Defense reflects strong demand and strategic positioning, enhancing future revenue potential.

Negative Factors

Revenue Decline

Declining revenue and profit margins indicate challenges in maintaining growth, impacting long-term financial health.

North American Challenges

Significant challenges in North America, including site closures, hinder regional performance and strategic objectives.

Asian Market Delays

Order delays and geopolitical issues in Asia create uncertainties, affecting revenue stability and market expansion.

TT Electronics Business Overview & Revenue Model

Company Description

TT Electronics (TTG) is a global provider of engineered electronics, specializing in the design and manufacture of advanced components and systems for high-reliability applications across various sectors, including aerospace, defense, medical, and industrial markets. The company focuses on delivering innovative solutions in areas such as sensors, connectivity, and power management, aiming to enhance performance and efficiency for its customers.

How the Company Makes Money

TT Electronics generates revenue through multiple streams, primarily by selling its products and services to OEMs (Original Equipment Manufacturers) and end-users in its targeted industries. The company’s key revenue streams include the sale of electronic components, such as sensors and connectivity solutions, as well as custom-designed systems that cater to specific customer needs. Additionally, TTG benefits from long-term contracts and partnerships with major players in sectors like aerospace and defense, which provide a stable income base. The company's ability to innovate and adapt to technological advancements also contributes to its earnings, as it continues to develop new products that meet the evolving demands of its customers.

TT Electronics Financial Statement Overview

Summary

TT Electronics faces challenges with declining revenues and profitability issues, as reflected in its income statement. The balance sheet shows moderate stability, but the decrease in equity and negative return on equity highlight risks. Cash flow performance is a stronger aspect, with positive cash generation providing some buffer. Overall, while there are operational efficiencies, the company needs to address revenue growth and profitability concerns to improve its financial standing.

Income Statement

TT Electronics has shown volatility in its income statement, with fluctuating revenues and margins. The company experienced a significant drop in revenue from 2023 to 2024, decreasing by 15.1%. The gross profit margin for 2024 stands at 21.05%, which is a decline from previous years. Net profit margin is negative for 2024, indicating a net loss. However, the EBIT margin improved to 6.6% in 2024, showing some operational efficiency despite the challenges.

Balance Sheet

The balance sheet reflects moderate financial stability with a debt-to-equity ratio of 0.85 in 2024, suggesting a manageable level of leverage. The equity ratio is 38.06%, indicating a fair proportion of equity financing. However, the decrease in stockholders' equity over the years is a concern. Return on equity is negative due to net losses, highlighting profitability challenges.

Cash Flow

Cash flow analysis shows resilience, with positive operating and free cash flows in 2024. The operating cash flow to net income ratio is significantly positive, indicating strong cash generation relative to net income. Free cash flow to net income ratio is also strong, reflecting effective cash management despite net losses. However, free cash flow has decreased from 2023 to 2024, impacting the growth trajectory.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	484.60M	521.10M	613.90M	617.00M	476.20M	431.80M
Gross Profit	92.30M	109.70M	147.00M	135.50M	115.60M	99.10M
EBITDA	-27.20M	-5.50M	31.40M	20.90M	41.50M	28.30M
Net Income	-69.70M	-53.40M	-6.80M	-13.20M	12.80M	1.30M
Balance Sheet
Total Assets	461.00M	512.30M	655.10M	707.20M	671.40M	572.80M
Cash, Cash Equivalents and Short-Term Investments	55.70M	69.20M	74.10M	65.00M	68.30M	70.20M
Total Debt	143.40M	166.60M	201.30M	203.40M	170.80M	154.10M
Total Liabilities	284.20M	317.40M	384.60M	410.20M	341.40M	274.80M
Stockholders Equity	176.80M	194.90M	270.50M	297.00M	328.00M	296.00M
Cash Flow
Free Cash Flow	52.40M	33.70M	38.40M	-1.60M	-2.70M	14.80M
Operating Cash Flow	59.20M	40.60M	62.90M	12.70M	14.30M	28.20M
Investing Cash Flow	-10.90M	3.50M	-27.60M	-22.30M	-8.20M	-51.90M
Financing Cash Flow	-51.50M	-62.40M	-19.60M	400.00K	-8.90M	33.40M

TT Electronics Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 154.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TTG, the sentiment is Positive. The current price of 154 is above the 20-day moving average (MA) of 103.43, above the 50-day MA of 104.58, and above the 200-day MA of 94.02, indicating a bullish trend. The MACD of 5.59 indicates Negative momentum. The RSI at 83.33 is Negative, neither overbought nor oversold. The STOCH value of 73.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TTG.

TT Electronics Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SDI	―	£87.32M	21.92	8.38%	―	0.50%	-6.16%
SRT	―	£233.98M	103.33	―	―	―	―
JDG	―	£384.34M	35.15	12.24%	1.89%	5.46%	-26.44%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
GHH	―	£157.21M	28.49	4.79%	2.28%	1.74%	359.50%
TTG	―	£269.49M	-3.86	-31.42%	―	-16.33%	-448.12%
SOLI	―	£83.84M	163.89	0.81%	1.69%	-23.42%	-94.25%

TT Electronics Corporate Events

TT Electronics Favors Cicor Offer Over DBAY’s Proposals

TT Electronics plc, a company involved in the electronics industry, has been the subject of acquisition interest from DBAY Advisors Limited, which made three unsolicited all-cash proposals to acquire TT. However, the Board of TT Electronics has rejected these offers, citing a more favorable offer from Cicor Technologies Ltd., which is 19% higher than DBAY’s latest proposal. The Board believes that the Cicor Offer aligns better with its goal of maximizing shareholder value.

The most recent analyst rating on (GB:TTG) stock is a Hold with a £95.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.

TT Electronics’ Earnings Call: Mixed Signals and Strategic Moves

The recent earnings call for TT Electronics painted a mixed picture of the company’s current performance and future prospects. While there were notable successes in Europe and impressive cash conversion rates, challenges in North America and Asia weighed heavily on the overall sentiment. The company’s strategic restructuring efforts and operational improvements offer hope for long-term growth, but current revenue declines and regional difficulties present significant hurdles.

TT Electronics Reports Mixed H1 2025 Results Amid Operational Turnaround

TT Electronics reported its interim results for the first half of 2025, highlighting strong performance in Europe driven by growth in Aerospace & Defence, while facing challenges in North America and order delays in Asia. The company is undergoing an operational turnaround, including the closure of its Plano site and a strategic review of its components business. Despite a 6% organic revenue decline, TT Electronics achieved a 135% cash conversion and reduced net debt. The company expects improved profitability in the second half, aligning with market expectations.

The most recent analyst rating on (GB:TTG) stock is a Hold with a £108.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.

TT Electronics Announces Total Voting Rights Update

TT Electronics, a company with a focus on electronics, has announced that as of August 31, 2025, it has a total of 178,119,248 ordinary shares in issue, each carrying voting rights. The company has no shares held in treasury, meaning the total number of voting rights is also 178,119,248. This information is crucial for shareholders and others with notification obligations to determine if they need to notify their interest or changes in their interest in the company.

The most recent analyst rating on (GB:TTG) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on TT Electronics stock, see the GB:TTG Stock Forecast page.

TT Electronics Appoints Eric Lakin as CEO

TT Electronics has appointed Eric Lakin as its Chief Executive Officer, following an extensive search process. Lakin, who has been acting CEO since April 2025, is recognized for his leadership and sector experience, and is expected to focus on stabilizing and turning around the company to meet stakeholder expectations.

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 Appoints New Corporate Broker

TT Electronics has appointed Joh. Berenberg, Gossler & Co KG, London Branch, as its sole corporate broker, effective immediately. This strategic move is expected to enhance TT Electronics’ market positioning and streamline its investor relations, potentially benefiting stakeholders by fostering stronger financial partnerships.

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.