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XP Power Limited (XPP.L)

Industrials Balanced

XP Power builds the vital electronic components that turn standard mains electricity into the exact power high-tech machines need.

£16.16

Is XP Power Limited a good stock for a UK beginner?

The honest version: XP Power builds the vital electronic components that turn standard mains electricity into the exact power high-tech machines need.

No rating · no target price · nothing for sale here
Price+24.3%
52-week range+94% past year
£16.16
Low £8.25High £20.60
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into XP Power Limited
£1,243+24%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£453.00M
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
90.02K
Day range: The lowest and highest price the shares traded at during the latest day.
£16.10 – £17.02
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£8.25 – £20.60
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.83
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.83
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -5% past week · ▲ +94% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

strong secular growth in automation and medical technology

The bear case

structural changes in electronics supply chains squeeze profitability permanently

What does XP Power Limited do?

Ever wondered how heavy-duty medical scanners and factory robots get their juice without frying their circuits? That is where XP Power steps in, designing specialised power converters for industrial and healthcare giants. They pocket cash every time a manufacturer needs reliable, custom electricity conversion, though recent bottom-line figures have dipped into negative territory. Keep a sharp eye on whether they can lift those net margins back into the green as customer demand normalises.

VQGMI
Factor profile

On our factor screen it looks strongest on momentum and quality, and weakest on income.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 18Quality: How profitable and financially healthy the company is (higher = stronger). 25Growth: How fast revenue and earnings are growing (higher = faster). 16Momentum: How the share price has been trending recently (higher = stronger recent run). 65Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 10
Quick checks
What's strong
  • deeply embedded relationships with major healthcare and industrial clients
  • respectable gross margin showing solid core product pricing power
  • significant recent share price momentum over the past twelve months
What to watch
  • Value screens low (18/100)
  • Quality screens low (25/100)
  • Growth screens low (16/100)
  • Income screens low (10/100)
  • high beta indicates the share price can be a bumpy ride for holders

What do XP Power Limited's numbers mean?

Forward P/E
21.7
This shows how much investors are willing to pay for expected future earnings, sitting at roughly twenty-two times projected profit.
Gross margin
42.7%
This tells us that for every pound of kit sold, roughly 43 pence remains after covering the direct costs of making it.
Beta
1.8
A measure of volatility hinting that this share price tends to swing nearly twice as wildly as the wider stock market.
Dividend yield
0.0%
At zero, it means the company is currently not sharing any cash payouts with its shareowners.

Does XP Power Limited pay a dividend?

No - XP Power Limited doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

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What are the scenarios for XP Power Limited?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£21£16£8today · £16▲ Bull · £19• Base · £16▼ Bear · £13in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +20%industrial order books rebound faster than expected
Base
-5% to +5%trading stays steady while management fixes margins
Bear
-15% to -25%global manufacturing slow-downs drag down revenue further

What are the pros and cons of XP Power Limited?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • deeply embedded relationships with major healthcare and industrial clients
  • respectable gross margin showing solid core product pricing power
  • significant recent share price momentum over the past twelve months
The catch3
  • recent net margin is negative, reflecting profitability strains
  • return on equity is currently in negative territory
  • no current dividend income for those seeking cash returns
Key risks3
  • high beta indicates the share price can be a bumpy ride for holders
  • dependence on cyclical industrial and medical spending cycles
  • potential supply chain cost pressures eroding manufacturing gains
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.