Stock data
| Market cap. | £162.3m |
| Last close | 259.75p |
| High / Low (52 weeks) | 358.0p / 218.5p |
| Stock market listing | FULL |
| Forecast net cash (US$m) | 3.5 |
| Forecast gearing ratio (%) | N/A |
| Team | Technology |
| Sector | Electronics & Electrical Equipment |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | 4.42 | (1.61) | (22) |
| Relative * | (0.54) | (8.15) | (19.48) |
* % Relative to local index
Other companies covered in sector
| ARM Holdings | CSR |
| Cyan Holdings | Daisy Group |
| Enfis Group | Imagination Technologies |
| IQE | KCOM Group |
| Morgan Crucible | Psion |
| Sarantel Group | TT electronics |
| VPhase | Wolfson Microelectronics |
| Xaar | XP Power |
| Y/E Mar | Revenue (US$m) | EBITDA (US$m) | PBT (US$m) | EPS (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 365.4 | 25.3 | 16.4 | 23.9 | 17.1 | 9.2 |
| 2011A | 490.0 | 29.5 | 23.3 | 33.4 | 12.2 | 11.2 |
| 2012E | 522.0 | 35.2 | 27.7 | 39.7 | 10.3 | 8.3 |
| 2013E | 551.9 | 41.5 | 34.4 | 48.7 | 8.4 | 7.0 |
Last updated on 16/01/2012
Latest research
Rising to the challenge
Update | Electronics & Electrical Equipment | 16/01/2012
Hitting the marks
Update | Electronics & Electrical Equipment | 09/11/2011
Strategic intent
Outlook | Electronics & Electrical Equipment | 29/07/2011
Growth on track
Update | Electronics & Electrical Equipment | 15/04/2011
Holding the line in Q3
Flash note | Electronics & Electrical Equipment | 16/02/2011
Margin focus
Update | Electronics & Electrical Equipment | 04/11/2010
Revenue surge
Update | Electronics & Electrical Equipment | 27/07/2010
Strategy in motion
Update | Electronics & Electrical Equipment | 04/06/2010
Get connected
Outlook | Electronics & Electrical Equipment | 19/05/2010
Powering up
QuickView | Electronics & Electrical Equipment | 20/04/2010
Restructuring a schedule
Company Comment - Interim results | Electronics & Electrical Equipment | 15/11/2005
Investment summary
New technical requirements on new product lines in a ramp-up phase have created manufacturing challenges though these should be bedded down by the year end. Flagged year end margin targets are on track and we see long-term benefits from this strategic development. Volex is a genuine growth story trading on a value rating.
Last updated on 16/01/2012
Industry outlook
Investors have become very skittish on the general outlook for international GDP growth and so the appetite for growth-oriented stocks has been changeable. Those companies with demonstrable self-help programmes and initiatives that are clearly laid out and credible will be the relative winners in this environment; Volex certainly fits that description.
Last updated on 09/12/2011
Key management
| Ray Walsh, CEO |
| Andrew Cherry , CFO |
Company address
| 10 Eastbourne Terrace Paddington London W2 6LG United Kingdom View website |
