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
TT Electronics plc (TTGPF) - Net Assets
Latest net assets as of June 2025: $176.80 Million USD
Based on the latest financial reports, TT Electronics plc (TTGPF) has net assets worth $176.80 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($461.00 Million) and total liabilities ($284.20 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $176.80 Million |
| % of Total Assets | 38.35% |
| Annual Growth Rate | 13.01% |
| 5-Year Change | -34.6% |
| 10-Year Change | 4.0% |
| Growth Volatility | 67.63 |
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. Explore and compare other companies by net assets.
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.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $194.90 Million | -27.95% |
| 2023-12-31 | $270.50 Million | -8.92% |
| 2022-12-31 | $297.00 Million | -10.00% |
| 2021-12-31 | $330.00 Million | +10.74% |
| 2020-12-31 | $298.00 Million | +10.82% |
| 2019-12-31 | $268.90 Million | -3.79% |
| 2018-12-31 | $279.50 Million | +3.98% |
| 2017-12-31 | $268.80 Million | +15.17% |
| 2016-12-31 | $233.40 Million | +24.55% |
| 2015-12-31 | $187.40 Million | -0.21% |
| 2014-12-31 | $187.80 Million | -7.62% |
| 2013-12-31 | $203.30 Million | +6.38% |
| 2012-12-31 | $191.10 Million | -0.16% |
| 2011-12-31 | $191.40 Million | +6.87% |
| 2010-12-31 | $179.10 Million | +14.96% |
| 2009-12-31 | $155.80 Million | -26.82% |
| 2008-12-31 | $212.90 Million | +16.79% |
| 2007-12-31 | $182.30 Million | +16.11% |
| 2006-12-31 | $157.00 Million | +3.49% |
| 2005-12-31 | $151.70 Million | -9.00% |
| 2004-12-31 | $166.70 Million | -16.23% |
| 2003-12-31 | $199.00 Million | -4.56% |
| 2002-12-31 | $208.50 Million | -7.21% |
| 2001-12-31 | $224.70 Million | -9.32% |
| 2000-12-31 | $247.80 Million | +2.48% |
| 1999-12-31 | $241.80 Million | +4.45% |
| 1998-12-31 | $231.50 Million | +10.03% |
| 1997-12-31 | $210.40 Million | +15.86% |
| 1996-12-31 | $181.60 Million | +7.33% |
| 1995-12-31 | $169.20 Million | +7.42% |
| 1994-12-31 | $157.51 Million | +9.80% |
| 1993-12-31 | $143.46 Million | +131.54% |
| 1992-12-31 | $61.96 Million | +22.50% |
| 1991-12-31 | $50.58 Million | +17.36% |
| 1990-12-31 | $43.09 Million | +39.83% |
| 1989-12-31 | $30.82 Million | +11.20% |
| 1988-12-31 | $27.71 Million | +245.94% |
| 1987-12-31 | $8.01 Million | +328.40% |
| 1986-12-31 | $1.87 Million | -- |
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 19702.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $80.00 Million | 41.05% |
| Common Stock | $44.50 Million | 22.83% |
| Other Components | $70.40 Million | 36.12% |
| Total Equity | $194.90 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 |
|---|---|
|
eQ Oyj
HE:EQV1V
|
$171.50 Million |
|
Keysino Separation Technology Inc
SHE:300899
|
$171.55 Million |
|
Beijing YJK Building Software Co.Ltd.
SHE:300935
|
$171.58 Million |
|
Ways Electron Co Ltd
SHG:605218
|
$171.58 Million |
|
ICHIYOSHI SECS CO. LTD.
F:8KF
|
$171.44 Million |
|
Huaiji Dengyun Auto-parts Holding Co Ltd
SHE:002715
|
$171.34 Million |
|
Business Engineering Corporation
MU:TBY
|
$171.33 Million |
|
MEDIA DO Co. Ltd
PINK:MDDCF
|
$171.29 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 52,599,999.
- Other factors increased equity by 41,799,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-53.40 Million | -27.4% |
| Dividends Paid | $12.20 Million | -6.26% |
| Share Issuances | $800.00K | +0.41% |
| Other Comprehensive Income | $-52.60 Million | -26.99% |
| Other Changes | $41.80 Million | +21.45% |
| Total Change | $- | -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: 0.90x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.24x to 0.90x 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 | $0.16 | $0.98 | x |
| 1987-12-31 | $0.40 | $0.98 | x |
| 1988-12-31 | $0.59 | $0.98 | x |
| 1989-12-31 | $0.41 | $0.98 | x |
| 1990-12-31 | $0.38 | $0.98 | x |
| 1991-12-31 | $0.39 | $0.98 | x |
| 1992-12-31 | $0.50 | $0.98 | x |
| 1993-12-31 | $0.96 | $0.98 | x |
| 1994-12-31 | $0.92 | $0.98 | x |
| 1995-12-31 | $0.98 | $0.98 | x |
| 1996-12-31 | $1.05 | $0.98 | x |
| 1997-12-31 | $1.19 | $0.98 | x |
| 1998-12-31 | $1.29 | $0.98 | x |
| 1999-12-31 | $1.38 | $0.98 | x |
| 2000-12-31 | $1.48 | $0.98 | x |
| 2001-12-31 | $1.43 | $0.98 | x |
| 2002-12-31 | $1.33 | $0.98 | x |
| 2003-12-31 | $1.26 | $0.98 | x |
| 2004-12-31 | $1.05 | $0.98 | x |
| 2005-12-31 | $0.96 | $0.98 | x |
| 2006-12-31 | $0.99 | $0.98 | x |
| 2007-12-31 | $1.15 | $0.98 | x |
| 2008-12-31 | $1.36 | $0.98 | x |
| 2009-12-31 | $0.99 | $0.98 | x |
| 2010-12-31 | $1.14 | $0.98 | x |
| 2011-12-31 | $1.19 | $0.98 | x |
| 2012-12-31 | $1.21 | $0.98 | x |
| 2013-12-31 | $1.27 | $0.98 | x |
| 2014-12-31 | $1.17 | $0.98 | x |
| 2015-12-31 | $1.16 | $0.98 | x |
| 2016-12-31 | $1.43 | $0.98 | x |
| 2017-12-31 | $1.61 | $0.98 | x |
| 2018-12-31 | $1.67 | $0.98 | x |
| 2019-12-31 | $1.60 | $0.98 | x |
| 2020-12-31 | $1.76 | $0.98 | x |
| 2021-12-31 | $1.84 | $0.98 | x |
| 2022-12-31 | $1.69 | $0.98 | x |
| 2023-12-31 | $1.54 | $0.98 | x |
| 2024-12-31 | $1.09 | $0.98 | 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 (8.39%), 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 | $-511.30K |
| 1987 | 10.97% | 4.91% | 1.00x | 2.23x | $72.60K |
| 1988 | 10.15% | 9.85% | 0.54x | 1.91x | $39.80K |
| 1989 | 17.66% | 8.80% | 1.04x | 1.93x | $2.33 Million |
| 1990 | 18.70% | 6.10% | 0.85x | 3.60x | $2.84 Million |
| 1991 | 26.05% | 6.63% | 1.36x | 2.88x | $6.47 Million |
| 1992 | 23.65% | 7.13% | 1.15x | 2.90x | $7.03 Million |
| 1993 | 13.64% | 5.09% | 1.35x | 1.98x | $4.86 Million |
| 1994 | 17.77% | 6.60% | 1.37x | 1.97x | $11.47 Million |
| 1995 | 19.79% | 6.65% | 1.44x | 2.07x | $15.78 Million |
| 1996 | 21.17% | 7.21% | 1.54x | 1.91x | $19.79 Million |
| 1997 | 21.14% | 6.93% | 1.54x | 1.97x | $23.08 Million |
| 1998 | 20.54% | 7.57% | 1.49x | 1.82x | $24.07 Million |
| 1999 | 11.45% | 4.46% | 1.41x | 1.82x | $3.45 Million |
| 2000 | 12.15% | 3.98% | 1.45x | 2.11x | $5.25 Million |
| 2001 | 8.51% | 2.87% | 1.55x | 1.91x | $-3.31 Million |
| 2002 | 2.72% | 1.08% | 1.33x | 1.91x | $-14.97 Million |
| 2003 | -0.05% | -0.02% | 1.30x | 2.10x | $-19.71 Million |
| 2004 | 11.23% | 3.21% | 1.33x | 2.62x | $2.02 Million |
| 2005 | 8.68% | 2.30% | 1.32x | 2.87x | $-1.97 Million |
| 2006 | 18.06% | 5.19% | 1.31x | 2.67x | $12.50 Million |
| 2007 | 6.77% | 2.24% | 1.44x | 2.10x | $-5.83 Million |
| 2008 | 5.51% | 1.99% | 1.21x | 2.29x | $-9.45 Million |
| 2009 | -12.78% | -4.23% | 1.18x | 2.57x | $-34.94 Million |
| 2010 | 14.62% | 4.66% | 1.34x | 2.34x | $8.19 Million |
| 2011 | 13.20% | 4.46% | 1.30x | 2.27x | $6.06 Million |
| 2012 | 11.85% | 4.70% | 1.28x | 1.97x | $3.49 Million |
| 2013 | 6.46% | 2.44% | 1.37x | 1.93x | $-7.13 Million |
| 2014 | -5.65% | -2.00% | 1.39x | 2.03x | $-29.08 Million |
| 2015 | 5.61% | 2.04% | 1.22x | 2.26x | $-8.14 Million |
| 2016 | 7.22% | 2.93% | 1.21x | 2.03x | $-6.44 Million |
| 2017 | 17.88% | 13.25% | 0.99x | 1.37x | $21.02 Million |
| 2018 | 4.83% | 3.12% | 0.88x | 1.77x | $-14.35 Million |
| 2019 | 5.92% | 3.30% | 0.91x | 1.97x | $-10.89 Million |
| 2020 | 0.44% | 0.30% | 0.75x | 1.94x | $-28.30 Million |
| 2021 | 3.90% | 2.69% | 0.71x | 2.05x | $-20.00 Million |
| 2022 | -4.44% | -2.14% | 0.87x | 2.38x | $-42.90 Million |
| 2023 | -2.51% | -1.11% | 0.94x | 2.42x | $-33.85 Million |
| 2024 | -27.40% | -10.25% | 1.02x | 2.63x | $-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: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TT Electronics plc (TTGPF) | $176.80 Million | -18.05% | 1.61x | $171.46 Million |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |