FW Thorpe Plc

FW Thorpe Plc

262.00
GBX
+6.00
(+2.34%)
37.31BMarket Cap
Mar 18Next Earn
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.47
0.47
0.53
0.64
0.77
0.91
0.95
0.95
0.97
1.01
1.23
1.51
1.5
- -
Basic EPS, GAAP
0.1
0.08
0.09
0.1
0.11
0.13
0.14
0.14
0.11
0.14
0.17
0.19
0.21
- -
Free Cash Flow per Basic Share
0.05
0.04
0.04
0.06
0.1
0.1
0.11
0.11
0.09
0.15
0.1
0.19
0.29
- -
Dividend per Share
0.02
0.02
0.03
0.05
0.06
0.04
0.05
0.05
0.06
0.06
0.1
0.06
0.07
- -
Book Value per Share
0.57
0.62
0.67
0.72
0.78
0.88
0.97
1.05
1.1
1.17
1.24
1.37
1.51
1.5
Tangible Book Value per Share
0.52
0.56
0.61
0.59
0.65
0.74
0.78
0.87
0.92
1.01
0.8
0.76
0.94
0.96
Basic Weighted Avg Shares
117
117
117
116
116
116
116
116
116
117
117
117
117
117
Sales/Revenue/Turnover
56
55
61
74
89
105
110
111
113
118
144
177
176
- -
Operating Margin (%)
21.33
19.43
19.16
18.65
18.21
17.47
17.76
15.95
14.41
16.31
17.2
15.75
17.42
- -
Depreciation Expense
2
2
3
3
4
4
5
5
6
6
7
9
11
- -
Net Income, GAAP
11
10
10
11
13
15
16
16
13
16
20
22
24
- -
Effective Tax Rate (%)
21.47
17.42
17.79
18.69
20.1
20.99
17.67
17.52
16.49
21.49
16.72
18.56
18.61
- -
Profit Margin (%)
20.37
17.2
16.61
15.57
14.61
13.75
14.7
14.59
11.75
13.41
13.97
12.41
13.83
- -
Working Capital
45
48
51
50
56
65
68
81
73
87
71
65
83
78
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
4
3
3
Total Equity
67
73
77
83
91
101
112
122
128
137
145
160
177
176
Return on Invested Capital (%)
14.4
12.39
12.58
13.42
14.24
14.64
14.55
13.3
10.56
11.96
14.1
14.16
14.06
- -
Return on Capital (%)
18.06
13.66
13.6
14.3
14.98
15.11
15.14
13.85
10.7
11.93
14.18
14.18
14.2
- -
Return on Common Equity (%)
18.06
13.66
13.6
14.3
14.98
15.1
15.09
13.77
10.63
11.92
14.22
14.35
14.42
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
4
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
117
117
117
Market Capitalization
458
395
373

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
Total Current Assets
100
121
117
Cash, Cash Equivalents & STI
35
56
55
Accounts Receivable, Net
35
31
33
Inventories
30
29
29
Total Current Liabilities
40
38
39
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.64%
7.69%
10.24%
Free Cash Flow
26.25%
31.41%
55.74%
Net Income, GAAP
9.71%
9.66%
10.85%
Sales/Revenue/Turnover
11.51%
10.16%
-0.54%
Total Cash Common Dividend
12.92%
10.57%
5.03%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
177
2024
- -
- -
176
2025
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.19
2024
- -
- -
0.21
2025
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.07
2025
- -
- -
- -

Company Description

CEO
Craig Muncaster
Full Time Employees
900
Sector
Producer manufacturing
Industry
Electrical products
Address
Merse Road Redditch WO United Kingdom B98 9HH
IPO Date
Jan 20, 1986
Business
FW Thorpe Plc designs, manufactures and supplies professional lighting equipment and control systems for commercial, industrial, education, healthcare, manufacturing, infrastructure, pharmaceutical, retail and hospitality sectors. The company offers recessed, surface and suspended luminaires; emergency lighting systems including general illumination and exit signage; hazardous area lighting; high and low bay luminaires; lighting controls; exterior, street, amenity and clean room lighting; and LED road luminaires under brands including Thorlux Lighting, Philip Payne, Solite, Portland Lighting, TRT Lighting, Lightronics, Famostar, Zemper, SchahlLED and Ratio Electric. Products serve markets from advertising and breweries to research facilities and housing, with additional EV charging solutions through its Ratio joint venture. FW Thorpe Plc, founded in 1936 and headquartered in Redditch, United Kingdom, operates manufacturing facilities and sales offices across the UK, Ireland, Netherlands, Germany, France, Spain, United Arab Emirates, Australia and other international markets. Recent developments include the 2022 acquisition of an 80% stake in SchahlLED Lighting GmbH in Germany for €15.9 million revenue business focused on energy-saving projects; the 2021 purchase of a 50% stake in Ratio Electric BV adding EV chargers such as the UK-manufactured io7 in-ground pillar; launch of Ratio EV charging products compliant with UK wiring regulations up to twin 22kW; and a focus on improving underperforming Lightronics and SchahlLED operations through sales investments amid flat FY2025 revenue of £175.2 million and pretax profit up 5.9% to £31.6 million.