ELECTROCOMPONENTS PLC (ECM) Shares

ABOUT ELECTROCOMPONENTS PLC

Electrocomponents plc is an electronics and industrial product company.

Its portfolio consists of several leading brands that offers more than 500 000 products from nearly 2 500 suppliers. Products such as automation and control systems, test and measurement equipment, engineering tools as well as electronical equipment can be purchased in-store and online.

The company serves more than 1 million customers in 80 countries, shipping approximately 50 000 packages a day.

RS Components provides a wide range of industrial and electronic products across Asia Pacific and Europe and additional electronics in North and South America.

Allied Electronics & Automation is an American industrial distributor.

The company’s own brand, RS PRO, offers more than 58 000 products of high-quality and affordable prices.

Through OKdo the company provides single board computing and the Internet of Things for educators, industrial designers and reseller partners.

The company’s online design business, DesignSpark, offers a variety of free software design tools, development resources and technical data.

Electrocomponents plc is a FTSE 250 Index constituent.

The company employs approximately 6 600 people and is headquartered in Pancras Square, London, England. 

OVERVIEW OF ELECTROCOMPONENTS PLC

• Radiospares is founded in 1937 by P.M. Sebestyen and J.H. Waring in London. The company originally sells spare radio parts in London.
• The company quickly grows and expand to television and other industry spares. In 1967 it is listed on the London Stock Exchange as Electrocomponents plc.
• In 1986 the company expands to Ireland with the purchase of Radionics in Dublin.
• During the next few years Electrocomponents expands to Australia, France, Denmark, Germany, South Africa, Spain, Chile, Austria and Asia through acquisitions.
• In 1997 the company opens six regional offices in China. A year later the company launches its award-winning trading channel in the United States.
• The company buys Allied Electronics in 1999, expanding to the Unites States. Several businesses are purchased in the following years.
• By 2011 approximately 50 percent of the company’s revenues are generated by its eCommerce and annual revenues exceed £ 1 billion.
• By 2018 its online revenues exceed £ 1 billion. In 2018 it buys IESA, adding outsourcing services for manufacturing industries to its portfolio.

VISION & VALUES OF ELECTROCOMPONENTS PLC

• Electrocomponents plc values its customers, shareholders, employees, communities and environment.

• The company’s vision is to have a positive impact on these and acts responsibly.

• It is a member of the FTSE4Good Index, meaning that the company meets global Corporate Responsibility standards.

• During the years the company has received a Turnaround of the Year Award, is named UKTI Digital Business of the Year and is presented with the Queen’s Award for international trade achievement.

MARKET PERFORMANCE OF ELECTROCOMPONENTS PLC

• Electrocomponents plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “ECM”.

• Data analysis for the company’s 2019 annual report for the year ending 31 March 2019 reports a revenue of £ 1,884.4 million, an increase of 10.5 percent.

• Earnings are 33.4 pence per share, a 1.5 percent increase.

• Adjusted earnings are 37.0 pence per share and profit before tax is £ 195.2 million, an increase of 15.8 percent.

• Dividends are 14.8 pence per share, a 11.7 percent increase. Adjusted profit before tax is £ 214.5 million. Adjusted free cash flow is £ 84.5 million.

Buy ELECTROCOMPONENTS PLC stocks / shares – A Step by Step Guide how to Buy / Purchase ELECTROCOMPONENTS PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy ELECTROCOMPONENTS PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ELECTROCOMPONENTS PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE ELECTROCOMPONENTS PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ELECTROCOMPONENTS PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy ELECTROCOMPONENTS PLC stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?