Search Follow us

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.£386.8m
Last close2,010.00p
High / Low (52 weeks)3710.0p / 2000.0p
Stock market listingLN
Forecast net debt (£m)0
Forecast gearing ratio (%)0
TeamTechnology
SectorTechnology

Price performance

%1m3m12m
Actual(9.1)(23.9)(45.1)
Relative *(10.6)(21.4)(38)

* % 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 Aladdin Blockchain Technologies
Algomizer All for One Steeb AG
Allocate Software Allot Communications
Alpha and Omega Semiconductor Alphapoint Technology Inc
Amazon Amino Technologies
ANADIGICS appScatter
Arria NLG artec technologies
AsiaCell AT&S Austria Technologie & Systemtechnik
Beta Systems Bigblu Broadband
Blancco Technology Group blinkx
Blue Prism blur Group
Boku Brady
Bulletproof Group Carclo
Catapult Group International Celltick Technologies
CENIT CentralNic
Cerillion CityFibre Infrastructure Holdings
Claranova Cliq Digital
CML Microsystems CoAssets
Codere Comptel
Covata Craneware
CREALOGIX Group Cyan
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 Forward Industries
FreeAgent Freelancer
Fusionex International Gamma Communications
GB Group GBST Holdings
GeoOp GetBusy
GFT Globo
GO internet Greek Organization of Football Prognostics
GVC Holdings Himax Technologies
Hrvatski Telekom ifa systems
ikeGPS Group Infinera
Inmarsat Innovation Group
InVision IQE
IS Solutions ISRA VISION
IT Competence Group IXYS
Jenoptik K3 Business Technology
Kainos Kalibrate Technologies
Kape Technologies Keywords Studios
Learning Technologies Group LRAD Corporation
Magix Manpower Software
Manx Telecom Manz
Max 21 Maxima Holdings
Medicsight Mensch & Maschine Software
Mercia Technologies Micro Focus International
Micron Technology Migme
Mobile ecosystems Mobotix
Monitise Montage Technology
Morse mVISE
My Net Fone Mynaric
Nano Dimension Nanoco Group
nearmap Nemetschek
Netcall NetCents
NetDimensions Netflix
Nexus Management NFON
O2Micro International OMG
OmniVision Technologies Orion Health Group
Osirium Technologies Outsourcery
Panorama Synergy Pantaflix
Patsystems Paysafe Group
Pebble Beach Systems Group Pericom Semiconductor
Phitek Piteco
PLX Technology Pointer Telocation
Pricer Prodware
PSI Pure Wafer
QSC Quartix Holdings
Real Estate Investar Group REALTECH
Redflex Holdings Redstone
Reed Elsevier Reply SpA
Results.com Rex Bionics
Rheinmetall RM
S&T SCISYS Group
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 Solutions 30
Spansion Spirent Communications
SQS Software Quality Systems AG Stadium Group
StatPro Group STEMMER IMAGING
Store Electronic Systems Straker Translations
SuperCom Synchronica
Taptica Technology sector
TerraNet Texas Instruments
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

XP drives organic revenues

Mon, 05 Mar 2018 10:52:30 GMT

XP Power Appoints Daisy Group CFO Griggs In Same Role

Fri, 29 Sep 2017 09:11:15 GMT

Investment summary

As previously flagged, a drop in demand from XP’s semiconductor customers had a negative impact on Q4 revenues and orders. Conversely, demand from all other end-markets remained strong. With FY18 revenues likely to be 2% lower than we had expected, we have revised our forecasts to reflect this and expected weaker demand from the semiconductor sector in FY19. Despite the resulting 5% cut in EPS forecasts for FY19, the stock is trading at a discount to peers, with a superior dividend yield.

Last updated on 14/01/2019

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2016A 129.8 33.0 28.6 115.3 17.4 N/A
2017A 166.8 41.7 36.1 147.0 13.7 N/A
2018E 194.8 48.2 40.7 170.5 11.8 N/A
2019E 210.3 52.7 43.9 187.9 10.7 N/A

Last updated on 14/01/2019

Latest video

XP Power H118 interim results

Industry outlook

XP supplies four end-markets: Healthcare, Industrial, Semiconductors 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 Semiconductor segment is the most cyclical, tracking the capex requirements of semiconductor manufacturers.

Last updated on 29/11/2018

Key management

James Peters, Chairman
Duncan Penny, CEO
Gavin Griggs, Chief Financial Officer & Executive Director

Company address

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