XP Power (XPP)

Business description

XP Power is a developer and designer of power control solutions with production facilities in China, Vietnam and the US, and design, service and sales teams across Europe, the US and Asia.

Stock data

Market cap.£504.6m
Last close2,623.50p
High / Low (52 weeks)2751.0p / 1655.0p
Stock market listingLN
Forecast net cash (£m)5.7
Forecast gearing ratio (%)N/A
TeamTechnology
SectorTechnology

Price performance

%1m3m12m
Actual(1.2)8.957.1
Relative *(0.1)10.447.5

* % Relative to local index

Other companies in sector Show

1Spatial 7digital Group
accesso Technology Group ADVA Optical Networking
Advanced Computer Software Group Advanced Micro Devices
AIXTRON Algomizer
All for One Steeb AG Allocate Software
Allot Communications Alpha and Omega Semiconductor
Alphapoint Technology Inc Amazon
Amino Technologies ANADIGICS
Arria NLG artec technologies
AsiaCell AT&S Austria Technologie & Systemtechnik
Beta Systems Blancco Technology Group
blinkx blur Group
Brady Bulletproof Group
Carclo Catapult Group International
CENIT CentralNic
Cerillion CityFibre Infrastructure Holdings
Cliq Digital CML Microsystems
CoAssets Comptel
Covata Craneware
CREALOGIX Cypress Semiconductor
DATAGROUP DDD Group
Dillistone Group door2door
dotDigital DSP Group
e2v technologies Eagle Eye
Eckoh Elmos Semiconductor
EMIS Group Emulex
Endace EnWave Corporation
Epipoli eServGlobal
Esker Evolving Systems
EVR Holdings PLC Expert System
Facebook Featurespace
FFastFill FinTech Group
First Derivatives First Sensor
Focus Solutions Group Foresight Autonomous Holdings
FreeAgent Freelancer
Fusionex International Gamma Communications
GB Group GBST Holdings
GeoOp GFT
Globo GO internet
Himax Technologies Hrvatski Telekom
ifa systems ikeGPS Group
Infinera Inmarsat
Innovation Group InVision
IQE IS Solutions
ISRA VISION IXYS
Jenoptik K3 Business Technology
Kainos Kalibrate Technologies
Keywords Studios Learning Technologies Group
LRAD Corporation Magix
Manpower Software Manx Telecom
Manz Maxima Holdings
Medicsight Mensch & Maschine Software
Mercia Technologies Micro Focus International
Micron Technology Migme
Mobile ecosystems Monitise
Montage Technology Morse
mVISE My Net Fone
Nano Dimension Nanoco Group
nearmap Nemetschek
Netcall NetDimensions
Netflix Nexus Management
O2Micro International OMG
OmniVision Technologies Orion Health Group
Osirium Technologies Outsourcery
Panorama Synergy Pantaleon Entertainment
Patsystems Paysafe Group
Pebble Beach Systems Group Pericom Semiconductor
Phitek Piteco
PLX Technology Pointer Telocation
Pricer Prodware
PSI Pure Wafer
QSC Real Estate Investar Group
REALTECH Redflex Holdings
Redstone Reed Elsevier
Reply SpA Results.com
Rex Bionics Rheinmetall
RM S&T
SCISYS Secunet
Seeing Machines Sepura
Serko Seven Principles
Siemens Sigma Designs
Silicom Silicon Image
SimiGon SinnerSchrader
SITO Mobile SLI Systems
Smartpay Holdings SNP Schneider-Neureither & Partner
Software AG Solera
Spansion Spirent Communications
SQS Software Quality Systems AG Stadium Group
StatPro Group Store Electronic Systems
Straker Translations SuperCom
Synchronica Taptica
Technology sector TerraNet
Texas Instruments The Marketing Group
The Naga Group Thin Film Electronics
Thoughtonomy Tikit Group
Toumaz Track Group
TXT e-solutions TZ Limited
Ubisense Group UMT United Mobility Technology
United Power Technology VASCO Data Security
Vectron Systems Virtual Piggy
Vista Group International Vitec
Vizrt VMob Group
WANdisco Webinar
Wincor Nixdorf WorkPlace Systems International
Xploite Xplore Technologies Corp
YuuZoo

Company news

XP Power surges as revenues rise again in first quarter

Tue, 11 Apr 2017 08:06:29 GMT

Is XP Power Ltd. a buy after reporting an 18% revenue rise?

Fri, 13 Jan 2017 12:00:00 GMT

Director Deals: Tracey set for £16mln windfall as he bids farewell to XP Power

Sat, 10 May 2014 09:00:05 GMT

Dollar saps demand at XP Power

Fri, 09 Oct 2015 20:03:45 GMT

Read this before buying XP Power Limited (LSE:XPP) for its upcoming £0.16 dividend

Sun, 10 Sep 2017 14:58:23 GMT

Investment summary

XP reported a strong performance in H117 and is seeing good demand across its customer base. Based on the order intake in H1, management has a more positive outlook for FY17 and we have upgraded our forecasts accordingly. Our normalised EPS forecasts increase by 8% in FY17 and 3% in FY18. We view our underlying FY18 growth forecast of 5% as conservative – if order intake continues at a similar pace in H217 we see scope for further upgrades. To support future growth, XP is investing in manufacturing capacity in Vietnam and engineering resource, and continues to look for suitable acquisitions.

Last updated on 06/09/2017

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2015A 109.7 29.7 25.7 104.32 25.1 N/A
2016A 129.8 33.0 28.6 115.33 22.7 N/A
2017E 155.8 38.6 33.2 133.55 19.6 N/A
2018E 160.7 40.4 34.6 135.81 19.3 N/A

Last updated on 25/08/2017

Latest video

Executive Interview – XP Power

Industry outlook

XP supplies three end-markets: Healthcare, Industrial and Technology, across Europe, North America and Asia. The Industrial segment is relatively fragmented, but the company sees demand across various applications. The Healthcare business continues to gain market share, with corporate approvals from the major suppliers in place. The Technology segment is the most cyclical, with semi fab suppliers showing strong growth.

Last updated on 06/09/2017

Key management

James Peters, Chairman
Duncan Penny, CEO
Jonathan Rhodes , FD

Company address

401 Commonwealth Drive
Haw Par Technocentre, Lobby B, #02-02
Singapore
149598
Singapore
+65 64116900
View website