TT Electronics Plc (TTG) - Net Assets
Based on the latest financial reports, TT Electronics Plc (TTG) has net assets worth GBX176.80 Million GBX (≈ $21.51K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX461.00 Million ≈ $56.09K USD) and total liabilities (GBX284.20 Million ≈ $34.58K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TT Electronics Plc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX176.80 Million |
| % of Total Assets | 38.35% |
| Annual Growth Rate | 12.38% |
| 5-Year Change | -34.6% |
| 10-Year Change | 4.0% |
| Growth Volatility | 67.02 |
TT Electronics Plc - Net Assets Trend (1986–2024)
This chart illustrates how TT Electronics Plc's net assets have evolved over time, based on quarterly financial data. Also explore TTG total asset value for the complete picture of this company's asset base.
Annual Net Assets for TT Electronics Plc (1986–2024)
The table below shows the annual net assets of TT Electronics Plc from 1986 to 2024. For live valuation and market cap data, see TTG company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX194.90 Million ≈ $23.71K |
-27.95% |
| 2023-12-31 | GBX270.50 Million ≈ $32.91K |
-8.92% |
| 2022-12-31 | GBX297.00 Million ≈ $36.14K |
-10.00% |
| 2021-12-31 | GBX330.00 Million ≈ $40.15K |
+10.74% |
| 2020-12-31 | GBX298.00 Million ≈ $36.26K |
+10.82% |
| 2019-12-31 | GBX268.90 Million ≈ $32.72K |
-3.79% |
| 2018-12-31 | GBX279.50 Million ≈ $34.01K |
+3.98% |
| 2017-12-31 | GBX268.80 Million ≈ $32.71K |
+15.17% |
| 2016-12-31 | GBX233.40 Million ≈ $28.40K |
+24.55% |
| 2015-12-31 | GBX187.40 Million ≈ $22.80K |
-0.21% |
| 2014-12-31 | GBX187.80 Million ≈ $22.85K |
-7.62% |
| 2013-12-31 | GBX203.30 Million ≈ $24.74K |
+6.38% |
| 2012-12-31 | GBX191.10 Million ≈ $23.25K |
-0.16% |
| 2011-12-31 | GBX191.40 Million ≈ $23.29K |
+6.87% |
| 2010-12-31 | GBX179.10 Million ≈ $21.79K |
+14.96% |
| 2009-12-31 | GBX155.80 Million ≈ $18.96K |
-26.82% |
| 2008-12-31 | GBX212.90 Million ≈ $25.90K |
+16.79% |
| 2007-12-31 | GBX182.30 Million ≈ $22.18K |
+16.11% |
| 2006-12-31 | GBX157.00 Million ≈ $19.10K |
+3.49% |
| 2005-12-31 | GBX151.70 Million ≈ $18.46K |
-9.00% |
| 2004-12-31 | GBX166.70 Million ≈ $20.28K |
-16.23% |
| 2003-12-31 | GBX199.00 Million ≈ $24.21K |
-4.56% |
| 2002-12-31 | GBX208.50 Million ≈ $25.37K |
-7.21% |
| 2001-12-31 | GBX224.70 Million ≈ $27.34K |
-9.32% |
| 2000-12-31 | GBX247.80 Million ≈ $30.15K |
+2.48% |
| 1999-12-31 | GBX241.80 Million ≈ $29.42K |
+4.45% |
| 1998-12-31 | GBX231.50 Million ≈ $28.17K |
+10.03% |
| 1997-12-31 | GBX210.40 Million ≈ $25.60K |
+15.86% |
| 1996-12-31 | GBX181.60 Million ≈ $22.10K |
+7.33% |
| 1995-12-31 | GBX169.20 Million ≈ $20.59K |
+7.42% |
| 1994-12-31 | GBX157.51 Million ≈ $19.17K |
+9.80% |
| 1993-12-31 | GBX143.46 Million ≈ $17.45K |
+131.54% |
| 1992-12-31 | GBX61.96 Million ≈ $7.54K |
+22.50% |
| 1991-12-31 | GBX50.58 Million ≈ $6.15K |
+17.36% |
| 1990-12-31 | GBX43.09 Million ≈ $5.24K |
+39.83% |
| 1989-12-31 | GBX30.82 Million ≈ $3.75K |
+11.20% |
| 1988-12-31 | GBX27.71 Million ≈ $3.37K |
+245.94% |
| 1987-12-31 | GBX8.01 Million ≈ $974.71 |
+328.40% |
| 1986-12-31 | GBX1.87 Million ≈ $227.52 |
-14.96% |
| 1986-07-31 | GBX2.20 Million ≈ $267.55 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to TT Electronics Plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 20543.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX83.40 Million | 42.79% |
| Common Stock | GBX44.50 Million | 22.83% |
| Other Comprehensive Income | GBX43.30 Million | 22.22% |
| Other Components | GBX23.70 Million | 12.16% |
| Total Equity | GBX194.90 Million | 100.00% |
TT Electronics Plc Competitors by Market Cap
The table below lists competitors of TT Electronics Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Visionary Education Technology Holdings Group Inc.
NASDAQ:GV
|
$2.49 Million |
|
Odd Burger Corp
V:ODD
|
$2.49 Million |
|
SRT Marine Systems plc
LSE:SRT
|
$2.50 Million |
|
Fuller Smith & Turner
LSE:FSTA
|
$2.50 Million |
|
DGB Asia Bhd
KLSE:0152
|
$2.49 Million |
|
Biosergen AS
ST:BIOSGN
|
$2.49 Million |
|
Onfolio Holdings Inc
NASDAQ:ONFO
|
$2.49 Million |
|
NAYA Biosciences, Inc
NASDAQ:NAYA
|
$2.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TT Electronics Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 270,500,000 to 194,900,000, a change of -75,600,000 (-27.9%).
- Net loss of 53,400,000 reduced equity.
- Dividend payments of 12,200,000 reduced retained earnings.
- New share issuances of 800,000 increased equity.
- Other comprehensive income decreased equity by 9,299,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-53.40 Million | -27.4% |
| Dividends Paid | GBX12.20 Million | -6.26% |
| Share Issuances | GBX800.00K | +0.41% |
| Other Comprehensive Income | GBX-9.30 Million | -4.77% |
| Other Changes | GBX-1.50 Million | -0.77% |
| Total Change | GBX- | -27.95% |
Book Value vs Market Value Analysis
This analysis compares TT Electronics Plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 105.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 728.75x to 105.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | GBX0.16 | GBX115.00 | x |
| 1987-12-31 | GBX0.40 | GBX115.00 | x |
| 1988-12-31 | GBX0.59 | GBX115.00 | x |
| 1989-12-31 | GBX0.41 | GBX115.00 | x |
| 1990-12-31 | GBX0.38 | GBX115.00 | x |
| 1991-12-31 | GBX0.39 | GBX115.00 | x |
| 1992-12-31 | GBX0.50 | GBX115.00 | x |
| 1993-12-31 | GBX0.96 | GBX115.00 | x |
| 1994-12-31 | GBX0.92 | GBX115.00 | x |
| 1995-12-31 | GBX0.98 | GBX115.00 | x |
| 1996-12-31 | GBX1.05 | GBX115.00 | x |
| 1997-12-31 | GBX1.19 | GBX115.00 | x |
| 1998-12-31 | GBX1.29 | GBX115.00 | x |
| 1999-12-31 | GBX1.38 | GBX115.00 | x |
| 2000-12-31 | GBX1.48 | GBX115.00 | x |
| 2001-12-31 | GBX1.43 | GBX115.00 | x |
| 2002-12-31 | GBX1.33 | GBX115.00 | x |
| 2003-12-31 | GBX1.26 | GBX115.00 | x |
| 2004-12-31 | GBX1.05 | GBX115.00 | x |
| 2005-12-31 | GBX0.96 | GBX115.00 | x |
| 2006-12-31 | GBX0.99 | GBX115.00 | x |
| 2007-12-31 | GBX1.15 | GBX115.00 | x |
| 2008-12-31 | GBX1.36 | GBX115.00 | x |
| 2009-12-31 | GBX0.99 | GBX115.00 | x |
| 2010-12-31 | GBX1.14 | GBX115.00 | x |
| 2011-12-31 | GBX1.19 | GBX115.00 | x |
| 2012-12-31 | GBX1.21 | GBX115.00 | x |
| 2013-12-31 | GBX1.27 | GBX115.00 | x |
| 2014-12-31 | GBX1.17 | GBX115.00 | x |
| 2015-12-31 | GBX1.16 | GBX115.00 | x |
| 2016-12-31 | GBX1.43 | GBX115.00 | x |
| 2017-12-31 | GBX1.61 | GBX115.00 | x |
| 2018-12-31 | GBX1.67 | GBX115.00 | x |
| 2019-12-31 | GBX1.60 | GBX115.00 | x |
| 2020-12-31 | GBX1.76 | GBX115.00 | x |
| 2021-12-31 | GBX1.84 | GBX115.00 | x |
| 2022-12-31 | GBX1.69 | GBX115.00 | x |
| 2023-12-31 | GBX1.54 | GBX115.00 | x |
| 2024-12-31 | GBX1.09 | GBX115.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TT Electronics Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -27.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.25%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.63x
- Recent ROE (-27.40%) is below the historical average (8.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | -18.05% | -12.54% | 0.49x | 2.96x | GBX-511.30K |
| 1987 | 10.97% | 4.91% | 1.00x | 2.23x | GBX72.60K |
| 1988 | 10.15% | 9.85% | 0.54x | 1.91x | GBX39.80K |
| 1989 | 17.66% | 8.80% | 1.04x | 1.93x | GBX2.33 Million |
| 1990 | 18.70% | 6.10% | 0.85x | 3.60x | GBX2.84 Million |
| 1991 | 26.05% | 6.63% | 1.36x | 2.88x | GBX6.47 Million |
| 1992 | 23.65% | 7.13% | 1.15x | 2.90x | GBX7.03 Million |
| 1993 | 13.64% | 5.09% | 1.35x | 1.98x | GBX4.86 Million |
| 1994 | 17.77% | 6.60% | 1.37x | 1.97x | GBX11.47 Million |
| 1995 | 19.79% | 6.65% | 1.44x | 2.07x | GBX15.78 Million |
| 1996 | 21.17% | 7.21% | 1.54x | 1.91x | GBX19.79 Million |
| 1997 | 21.14% | 6.93% | 1.54x | 1.97x | GBX23.08 Million |
| 1998 | 20.54% | 7.57% | 1.49x | 1.82x | GBX24.07 Million |
| 1999 | 11.45% | 4.46% | 1.41x | 1.82x | GBX3.45 Million |
| 2000 | 12.15% | 3.98% | 1.45x | 2.11x | GBX5.25 Million |
| 2001 | 8.51% | 2.87% | 1.55x | 1.91x | GBX-3.31 Million |
| 2002 | 2.72% | 1.08% | 1.33x | 1.91x | GBX-14.97 Million |
| 2003 | -0.05% | -0.02% | 1.30x | 2.10x | GBX-19.71 Million |
| 2004 | 11.23% | 3.21% | 1.33x | 2.62x | GBX2.02 Million |
| 2005 | 8.68% | 2.30% | 1.32x | 2.87x | GBX-1.97 Million |
| 2006 | 18.06% | 5.19% | 1.31x | 2.67x | GBX12.50 Million |
| 2007 | 6.77% | 2.24% | 1.44x | 2.10x | GBX-5.83 Million |
| 2008 | 5.51% | 1.99% | 1.21x | 2.29x | GBX-9.45 Million |
| 2009 | -12.78% | -4.23% | 1.18x | 2.57x | GBX-34.94 Million |
| 2010 | 14.62% | 4.66% | 1.34x | 2.34x | GBX8.19 Million |
| 2011 | 13.20% | 4.46% | 1.30x | 2.27x | GBX6.06 Million |
| 2012 | 12.43% | 4.93% | 1.28x | 1.97x | GBX4.59 Million |
| 2013 | 6.46% | 2.44% | 1.37x | 1.93x | GBX-7.13 Million |
| 2014 | -5.65% | -2.00% | 1.39x | 2.03x | GBX-29.08 Million |
| 2015 | 5.61% | 2.04% | 1.22x | 2.26x | GBX-8.14 Million |
| 2016 | 7.22% | 2.93% | 1.21x | 2.03x | GBX-6.44 Million |
| 2017 | 17.88% | 13.25% | 0.99x | 1.37x | GBX21.02 Million |
| 2018 | 4.83% | 3.12% | 0.88x | 1.77x | GBX-14.35 Million |
| 2019 | 6.48% | 3.62% | 0.91x | 1.97x | GBX-9.39 Million |
| 2020 | 0.44% | 0.30% | 0.75x | 1.94x | GBX-28.30 Million |
| 2021 | 3.90% | 2.69% | 0.71x | 2.05x | GBX-20.00 Million |
| 2022 | -4.44% | -2.14% | 0.87x | 2.38x | GBX-42.90 Million |
| 2023 | -2.51% | -1.11% | 0.94x | 2.42x | GBX-33.85 Million |
| 2024 | -27.40% | -10.25% | 1.02x | 2.63x | GBX-72.89 Million |
Industry Comparison
This section compares TT Electronics Plc's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,057,315
- Average return on equity (ROE) among peers: 14.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TT Electronics Plc (TTG) | GBX176.80 Million | -18.05% | 1.61x | $2.49 Million |
| CAP-XX Limited (CPX) | $6.84 Million | -72.17% | 0.78x | $151.65K |
| Discoverie Group PLC (DSCV) | $855.00K | 89.59% | 15.81x | $7.73 Million |
| Gooch & Housego Plc (GHH) | $30.80 Million | 3.12% | 0.78x | $3.00 Million |
| Strix Group Plc (KETL) | $26.00 Million | 79.21% | 4.33x | $1.12 Million |
| Light Science Technologies Holdings PLC (LST) | $818.95K | 13.42% | 4.66x | $61.12K |
| Raspberry Pi Holdings PLC (RPI) | $210.40 Million | 4.35% | 0.58x | $15.35 Million |
| Solid State Plc (SOLI) | $61.50 Million | 0.83% | 0.70x | $1.17 Million |
| Windar Photonics Plc (WPHO) | $-757.38K | 0.00% | 0.00x | $351.76K |
About TT Electronics Plc
TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Speci… Read more