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Electrocomponents

BATS-CHIXE:ECML
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ECML
BATS-CHIXE
£2B
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in Northern Europe, Southern Europe, Central Europe, the Asia Pacific, and the Americas. The last earnings update was 149 days ago. More info.


Add to Portfolio Compare Print
  • Electrocomponents has significant price volatility in the past 3 months.
ECML Share Price and Events
7 Day Returns
9.2%
BATS-CHIXE:ECML
3.9%
GB Electronic
5.3%
GB Market
1 Year Returns
-7.8%
BATS-CHIXE:ECML
-4.5%
GB Electronic
-21.5%
GB Market
ECML Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Electrocomponents (ECML) 9.2% 2.7% -19.2% -7.8% 10.7% 126.8%
GB Electronic 3.9% -1.8% -14.1% -4.5% 23.7% 66.2%
GB Market 5.3% -6.5% -25.2% -21.5% -22.4% -21.9%
1 Year Return vs Industry and Market
  • ECML underperformed the Electronic industry which returned -4.5% over the past year.
  • ECML outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -21.5% over the past year.
Price Volatility
ECML
Industry
5yr Volatility vs Market

ECML Value

 Is Electrocomponents undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Electrocomponents to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Electrocomponents.

BATS-CHIXE:ECML Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:ECML
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.104 (1 + (1- 19%) (13.14%))
1.148
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.148 * 6.07%)
7.5%

Discounted Cash Flow Calculation for BATS-CHIXE:ECML using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Electrocomponents is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BATS-CHIXE:ECML DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.5%)
2020 70.67 Analyst x7 65.74
2021 107.68 Analyst x7 93.18
2022 128.62 Analyst x7 103.54
2023 143.52 Est @ 11.58% 107.47
2024 155.39 Est @ 8.27% 108.24
2025 164.62 Est @ 5.95% 106.68
2026 171.74 Est @ 4.32% 103.52
2027 177.21 Est @ 3.18% 99.37
2028 181.44 Est @ 2.39% 94.64
2029 184.76 Est @ 1.83% 89.65
Present value of next 10 years cash flows £972.00
BATS-CHIXE:ECML DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £184.76 × (1 + 0.53%) ÷ (7.5% – 0.53%)
£2,665.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £2,665.22 ÷ (1 + 7.5%)10
£1,293.28
BATS-CHIXE:ECML Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £972.00 + £1,293.28
£2,265.28
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £2,265.28 / 446.05
£5.08
BATS-CHIXE:ECML Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:ECML represents 0.99643x of LSE:ECM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99643x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 5.08 x 0.99643
£5.06
Value per share (GBP) From above. £5.06
Current discount Discount to share price of £5.59
= -1 x (£5.59 - £5.06) / £5.06
-10.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Electrocomponents is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Electrocomponents's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Electrocomponents's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:ECML PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in GBP £0.33
LSE:ECM Share Price ** LSE (2020-04-09) in GBP £5.61
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 17.3x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 13.27x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Electrocomponents.

BATS-CHIXE:ECML PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:ECM Share Price ÷ EPS (both in GBP)

= 5.61 ÷ 0.33

17.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electrocomponents is good value based on earnings compared to the GB Electronic industry average.
  • Electrocomponents is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Electrocomponents's expected growth come at a high price?
Raw Data
BATS-CHIXE:ECML PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
5.1%per year
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 1.04x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 513 Publicly-Listed Companies 1.03x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:ECML PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.1x ÷ 5.1%

3.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electrocomponents is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Electrocomponents's assets?
Raw Data
BATS-CHIXE:ECML PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in GBP £1.49
LSE:ECM Share Price * LSE (2020-04-09) in GBP £5.61
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 1.89x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.13x
BATS-CHIXE:ECML PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:ECM Share Price ÷ Book Value per Share (both in GBP)

= 5.61 ÷ 1.49

3.76x

* Primary Listing of Electrocomponents.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electrocomponents is overvalued based on assets compared to the GB Electronic industry average.
X
Value checks
We assess Electrocomponents's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Electrocomponents has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ECML Future Performance

 How is Electrocomponents expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Electrocomponents expected to grow at an attractive rate?
  • Electrocomponents's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Electrocomponents's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • Electrocomponents's revenue growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:ECML Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:ECML Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 5.1%
BATS-CHIXE:ECML Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 2.1%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:ECML Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:ECML Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31 2,103 226 1
2023-03-31 2,136 235 2
2022-03-31 1,993 186 167 11
2021-03-31 1,842 164 130 11
2020-04-09
2020-03-31 1,952 156 150 11
BATS-CHIXE:ECML Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-09-30 1,951 129 146
2019-06-30 1,918 128 147
2019-03-31 1,884 127 148
2018-12-31 1,839 137 157
2018-09-30 1,793 146 165
2018-06-30 1,749 137 157
2018-03-31 1,705 127 150
2017-12-31 1,667 109 128
2017-09-30 1,629 90 107
2017-06-30 1,570 109 99
2017-03-31 1,512 128 92
2016-12-31 1,441 121 70

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Electrocomponents's earnings are expected to grow by 5.1% yearly, however this is not considered high growth (20% yearly).
  • Electrocomponents's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:ECML Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Electrocomponents Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ECML Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 0.40 0.44 0.36 5.00
2021-03-31 0.33 0.39 0.28 5.00
2020-04-09
2020-03-31 0.34 0.35 0.32 8.00
BATS-CHIXE:ECML Past Financials Data
Date (Data in GBP Millions) EPS *
2019-09-30 0.33
2019-06-30 0.33
2019-03-31 0.33
2018-12-31 0.35
2018-09-30 0.37
2018-06-30 0.36
2018-03-31 0.34
2017-12-31 0.29
2017-09-30 0.24
2017-06-30 0.23
2017-03-31 0.21
2016-12-31 0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Electrocomponents is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Electrocomponents's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Electrocomponents has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ECML Past Performance

  How has Electrocomponents performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Electrocomponents's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Electrocomponents has delivered over 20% year on year earnings growth in the past 5 years.
  • Electrocomponents's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Electrocomponents's 1-year earnings growth is negative, it can't be compared to the GB Electronic industry average.
Earnings and Revenue History
Electrocomponents's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Electrocomponents Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:ECML Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,951.30 145.70 663.80
2019-06-30 1,917.85 146.90 649.55
2019-03-31 1,884.40 148.10 635.30
2018-12-31 1,838.85 156.60 620.50
2018-09-30 1,793.30 165.10 605.70
2018-06-30 1,749.30 157.35 591.45
2018-03-31 1,705.30 149.60 577.20
2017-12-31 1,667.25 128.20 568.20
2017-09-30 1,629.20 106.80 559.20
2017-06-30 1,570.45 99.45 541.80
2017-03-31 1,511.70 92.10 524.40
2016-12-31 1,441.30 70.05 494.65
2016-09-30 1,370.90 48.00 464.90
2016-06-30 1,331.00 34.95 467.00
2016-03-31 1,291.10 21.90 469.10
2015-12-31 1,283.70 31.85 495.20
2015-09-30 1,276.30 41.80 510.90
2015-06-30 1,271.25 56.05 495.20
2015-03-31 1,266.20 70.30 479.50
2014-12-31 1,260.15 76.70 458.85
2014-09-30 1,254.10 81.90 454.20
2014-06-30 1,263.60 76.70 466.00
2014-03-31 1,273.10 71.50 477.80
2013-12-31 1,268.80 68.60 479.20
2013-09-30 1,264.50 65.70 480.60
2013-06-30 1,250.05 62.55 478.35

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Electrocomponents has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Electrocomponents used its assets more efficiently than the GB Electronic industry average last year based on Return on Assets.
  • Electrocomponents has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Electrocomponents's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Electrocomponents has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ECML Health

 How is Electrocomponents's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Electrocomponents's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Electrocomponents is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Electrocomponents's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Electrocomponents's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Electrocomponents Company Filings, last reported 6 months ago.

BATS-CHIXE:ECML Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 662.60 257.70 96.50
2019-06-30 662.60 257.70 96.50
2019-03-31 589.30 253.40 129.20
2018-12-31 589.30 253.40 129.20
2018-09-30 551.50 269.80 129.20
2018-06-30 551.50 269.80 129.20
2018-03-31 482.50 188.40 122.90
2017-12-31 482.50 188.40 122.90
2017-09-30 397.40 208.90 83.10
2017-06-30 397.40 208.90 83.10
2017-03-31 389.00 208.60 93.50
2016-12-31 389.00 208.60 93.50
2016-09-30 326.90 212.70 70.00
2016-06-30 326.90 212.70 70.00
2016-03-31 355.80 527.80 351.50
2015-12-31 355.80 210.80 34.50
2015-09-30 360.40 188.00 8.10
2015-06-30 360.40 188.00 8.10
2015-03-31 368.30 205.50 39.00
2014-12-31 368.30 173.90 7.40
2014-09-30 363.00 180.90 24.20
2014-06-30 363.00 180.90 24.20
2014-03-31 364.30 147.30 0.70
2013-12-31 364.30 147.30 0.70
2013-09-30 359.60 165.20 12.00
2013-06-30 359.60 165.20 12.00
  • Electrocomponents's level of debt (38.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (49.2% vs 38.9% today).
  • Debt is well covered by operating cash flow (50.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 46x coverage).
X
Financial health checks
We assess Electrocomponents's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Electrocomponents has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ECML Dividends

 What is Electrocomponents's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.75%
Current annual income from Electrocomponents dividends. Estimated to be 2.8% next year.
If you bought £2,000 of Electrocomponents shares you are expected to receive £55 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Electrocomponents's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.49%).
  • Electrocomponents's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (6.84%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:ECML Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 575 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:ECML Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2024-03-31 0.22 1.00
2023-03-31 0.18 2.00
2022-03-31 0.17 10.00
2021-03-31 0.14 10.00
2020-04-09
2020-03-31 0.14 9.00
BATS-CHIXE:ECML Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-11-12 0.154 2.482
2019-06-11 0.148 2.397
2019-05-21 0.148 2.391
2018-05-24 0.133 2.124
2017-06-02 0.123 1.963
2017-05-23 0.123 2.128
2016-06-16 0.118 3.049
2016-05-19 0.118 4.193
2015-06-16 0.118 5.404
2015-05-21 0.118 4.967
2014-11-13 0.118 5.251
2014-06-13 0.118 4.955
2014-05-22 0.118 4.179
2013-05-23 0.118 4.333
2012-06-08 0.118 5.148
2012-05-24 0.118 5.804
2011-06-15 0.115 5.251
2010-06-15 0.110 4.375
2010-05-28 0.110 5.094
2009-06-16 0.110 6.408

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Electrocomponents's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Electrocomponents's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Electrocomponents afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Electrocomponents has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ECML Management

 What is the CEO of Electrocomponents's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lindsley Ruth
COMPENSATION £4,225,169
AGE 48
TENURE AS CEO 0.2 years
CEO Bio

Mr. Lindsley Ruth serves as an Independent Non-Executive Director of Ashtead Group plc since May 01, 2019. Mr. Ruth has been the Chief Executive Officer of Electrocomponents plc since April 1, 2015. He was on Leave of Absence until February 10, 2020. He joined Electrocomponents plc in April 2015. Mr. Ruth serves as Chief Executive Officer of Allied Electronics, Inc. Mr. Ruth served as an Executive Vice President of the Future Electronics Group of companies. He has been with Future since 2002 and a key member of its core leadership team which has transformed the performance and expanded its global reach over recent years. He previously held senior positions with TTI Inc. and Solectron Corporation. He has been a Director at Electrocomponents plc since April 1, 2015. He has both a BSc in Engineering (Industrial Distribution) and a Master’s in Business Administration from Texas A&M University. His Skills and experience include: • Management. • Leadership. • Mergers and acquisitions. • International operations. • Emerging markets. • Distribution. • Sales and marketing. • Manufacturing. • Supply chain and procurement.

CEO Compensation
  • Lindsley's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Lindsley's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Electrocomponents management team in years:

1.8
Average Tenure
50
Average Age
  • The average tenure for the Electrocomponents management team is less than 2 years, this suggests a new team.
Management Team

Lindsley Ruth

TITLE
CEO & Director
COMPENSATION
£4M
AGE
48
TENURE
0.2 yrs

David Egan

TITLE
CFO & Director
COMPENSATION
£3M
AGE
51
TENURE
4.1 yrs

Simon Ramskill

TITLE
Chief Technology Officer
TENURE
1.3 yrs

Polly Elvin

TITLE
Vice President of Investor Relations

Lynn Webster-Scott

TITLE
Head of Corporate Public Relations

Michael Cramb

TITLE
Senior Vice President of Corporate Development
TENURE
3.5 yrs

Ian Haslegrave

TITLE
President Group Professional Services & People
AGE
50
TENURE
1.3 yrs

Ken Bradley

TITLE
President of Allied Electronics & Automation
TENURE
1.3 yrs

Debbie Lentz

TITLE
President of Global Supply Chain
TENURE
3.3 yrs

Mike England

TITLE
President of EMEA - RS Components
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Electrocomponents board of directors in years:

4.1
Average Tenure
54
Average Age
  • The tenure for the Electrocomponents board of directors is about average.
Board of Directors

Peter Johnson

TITLE
Independent Chairman of the Board
COMPENSATION
£260K
AGE
72
TENURE
7.4 yrs

Lindsley Ruth

TITLE
CEO & Director
COMPENSATION
£4M
AGE
48
TENURE
5 yrs

David Egan

TITLE
CFO & Director
COMPENSATION
£3M
AGE
51
TENURE
4.1 yrs

Ian Haslegrave

TITLE
President Group Professional Services & People
AGE
50

Simon Pryce

TITLE
Independent Non-Executive Director
COMPENSATION
£62K
AGE
57
TENURE
3.6 yrs

Louisa Burdett

TITLE
Independent Non-Executive Director
COMPENSATION
£65K
TENURE
3.2 yrs

David John Sleath

TITLE
Senior Independent Director
AGE
58
TENURE
0.6 yrs

Karen Guerra

TITLE
Independent Non-Executive Director
COMPENSATION
£55K
AGE
63
TENURE
7.3 yrs

Bertrand Bodson

TITLE
Independent Non-Executive Director
COMPENSATION
£55K
AGE
44
TENURE
4.8 yrs

Bessie Lee

TITLE
Independent Non-Executive Director
COMPENSATION
£5K
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Electrocomponents individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
12. Mar 20 Buy Lindsley Ruth Individual 12. Mar 20 12. Mar 20 10,000 £4.84 £48,394
05. Mar 20 Buy Simon Pryce Individual 05. Mar 20 05. Mar 20 10,000 £6.12 £61,180
05. Jun 19 Buy Peter Johnson Individual 04. Jun 19 04. Jun 19 8,200 £6.03 £49,430
X
Management checks
We assess Electrocomponents's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Electrocomponents has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ECML News

Simply Wall St News

ECML Company Info

Description

Electrocomponents plc, together with its subsidiaries, distributes various electronics and industrial products in Northern Europe, Southern Europe, Central Europe, the Asia Pacific, and the Americas. It provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products, as well as tools, consumables, and facilities maintenance products. The company offers automation and control products, including programmable logic controllers, safety devices, sensors, cables, and pneumatic cylinders for the food and beverage, packaging, manufacturing, marine, and oil and gas industries; and tools and consumables, such as workbench equipment, mechanical tools and personal protective equipment, 3D printers, USB Flash-drives, and fluorescent tubes for the research, development, maintenance, and repair of production plants, buildings, and machineries. It also provides thermal imaging cameras, oscilloscopes, multi-meters, data loggers, gas leak detectors, and particle counters for use in various areas of engineering; and interconnect, passive, and electromechanical systems. In addition, the company offers semiconductors comprising microcontrollers, voltage regulators, transistors, and diodes; and single-board computers for use in automation and process control in industries, as well as teaching of computer programming in schools. Further, it operates DesignSpark, an online design community and resource center for makers, students, and design engineers. The company markets its products through digital, trade counter, customer service, and sales support channels under the RS Components, Allied Electronics & Automation, RS PRO, OKdo, IESA, and Monition brands to electronic design engineers, machine and panel builders, and maintenance engineers, as well as buyers. Electrocomponents plc was founded in 1928 and is headquartered in London, the United Kingdom.

Details
Name: Electrocomponents plc
ECML
Exchange: BATS-CHIXE
Founded: 1928
£2,415,382,523
446,054,021
Website: http://www.electrocomponents.com
Address: Electrocomponents plc
Two Pancras Square,
Fifth Floor,
London,
Greater London, N1C 4AG,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE ECM Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
OTCPK EENE.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB ECN Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
BATS-CHIXE ECML Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
6,619
Electrocomponents employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 21:08
End of day share price update: 2020/04/09 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2019/11/12
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.