# TT Electronics plc (TTG.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Technology / Electronic Equipment, Instruments & Components. Price 159p, market value 284 millionp.

## Valuation
- **P/E (trailing): n/a** (negative earnings). TT Electronics plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 1.62**. A PEG of 1.62 is in the range usually read as fairly priced for its growth.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 15.8×**. Enterprise value is 15.8× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 27.4%** (5-yr avg 0.1%). Free cash flow equals 27.4% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 21.8%**. TT Electronics plc keeps 21.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -1.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -10.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -34.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -4.7%**. Return on all capital, debt included, is -4.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -26.4%**. Each dollar of assets produces -26.4% of profit.

## Growth
- **Revenue growth (1 yr): -7.6%** (3-yr -7.9%/yr, 5-yr 2.2%/yr). Revenue fell 7.6% over the last year, against 2.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 6.7%**. Earnings per share rose 6.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.70**. Debt is 0.70 times equity, moderate leverage.
- **Net debt / EBITDA: 2.9×**. It would take 2.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -0.5×**. Operating profit covers interest only -0.5×: fragile.
- **Current ratio: 1.71** (quick 0.97). Current assets cover the next year's liabilities 1.71 times.
- **Altman Z-score: 3.01**. A Z-score of 3.01 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. TT Electronics plc does not currently pay a dividend, but it returned -0.5% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 51.4%** (YTD 32.3%, 3-mo 30.1%). The shares are up 51.4% over twelve months including dividends.
- **From 52-week high: -1.2%** (70.9% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 78**. An RSI of 78 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 0.37** (volatility 73%). Beta of 0.37 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TTG.L · Page: https://foliofundamentals.com/stocks/ttg.l

Not investment advice.