TAT Technologies Ltd. (TATTF)

[simulpaolo]

TAT Technologies, Ltd. engages in the manufacture and sale of a range of heat transfer equipment used in mechanical and electronic systems on-board commercial and military aircraft and in various other electronic equipment. It provides a line of heat transfer equipment that includes heat exchangers, precoolers, oil coolers, and cold plates, or heat transfer equipment. The company also involves in the remanufacture, overhaul, and repair of heat transfer equipment and other aircraft components. In addition, TAT Technologies manufactures, sells, and services certain related products for use in aircraft and electronic systems. In addition, it designs, develops, and manufactures aviation accessories, such as valves and pumps, secondary power systems, and various instrumentation and electronic assemblies. The company, formerly known as Galaxy Graphics, Ltd., was founded in 1985 and changed its name to T.A.T. Technologies, Ltd. in 1992. T.A.T. is based in Gedera, Israel.



Market Cap (intraday): 38.06M
Enterprise Value (21-Apr-06)3: 38.07M
Trailing P/E (ttm, intraday): 10.81
Forward P/E (fye 31-Dec-07) 1: N/A
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): 0.78
Price/Book (mrq): N/A
Enterprise Value/Revenue (ttm)3: 0.78
Enterprise Value/EBITDA (ttm)3: 5.945


FINANCIAL HIGHLIGHTS

Fiscal Year
Fiscal Year Ends: 31-Dec
Most Recent Quarter (mrq): 31-Dec-05


Profitability
Profit Margin (ttm): 7.18%
Operating Margin (ttm): 10.95%


Management Effectiveness
Return on Assets (ttm): N/A
Return on Equity (ttm): N/A


Income Statement
Revenue (ttm): 49.06M
Revenue Per Share (ttm): 8.119
Qtrly Revenue Growth (yoy): N/A
Gross Profit (ttm): 11.08M
EBITDA (ttm): 6.40M
Net Income Avl to Common (ttm): 3.52M
Diluted EPS (ttm): 0.58

 

[simulpaolo]

I dati a disposizione su yahoo sono piuttosto scarsi e nemmeno dal sito della societa' si riesce ad evincere di meglio.
Cmq la societa' dovrebbe avere debiti per lo 0,1-0,2 e un po' di cassa (circa il doppio rispetto ai debiti) che in parte o tutta dovrebbe essere stata impiegata per una recentissima acquisizione. Per quel che riguarda il p/bv dovremmo trovarci sul 1,25-1,5 massimo.
Nonostante l'apporto della neoacquisita i profitti sono rimasti flat cosi' come gli utili attestati nell'ultimo trimestre a 0,16 vs 0,15 dell'anno precedente.
L'eps del 2005 è stato invece 0,58 vs 0,73 dell'annoo precedente.
Tattf è una societa' israeliana e vanta tra i suoi customers grossi nomi come Boeing e Lockeed Martin.
Annunciato qualche giorno fa il pagamento di un dividendo pari a 0,2$ per azione per chi terra' le azioni fino al 6 maggio.
Ecco i dati etrapolati dall'ultima trimestrale:


TAT TECHNOLOGIES LTD.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Amounts in Thousands U.S $, Unaudited)

Three Months Ended Year Ended

December 31 December 31
2004 2005 2004 2005

($) ($) ($)
Revenues 8,070 17,307 33,243 49,061
Gross Profit 2,903 3,907 11,077 13,525
R&d Expenses 26 17 124 71
Other Income 7 75 54 286
Income from Operations 1,255 1,533 5,408 5,659
before Income Taxes
Income Tax 347 556 1,667 2,136
Net Income 908 977 3,741 3,523
Earnings Per Share $ 0.15 0.16 $ 0.73 0.58
Weighed Average Shares 6,042,671 6,042,671 5,149,689 6,042,671

Come si vede a fronte di un aumento dei profitti c'è stata una discesa degli utili causata dallaumento del numero di azioni circolanti. A parita' di numero di azioni gli utili sarebbero rimasti fpiuttosto flat.

 

[simulpaolo]

Commento : societa' interessante tutttosommato a prezzi contenuti e con buon portafoglio clienti ma scarse informazioni circa l'outlook del 2006 .




Paolo

 

[simulpaolo]

TAT Technologies Reports First Quarter 2006 Results
Tuesday May 30, 9:33 am ET
Increase of 96% in Revenues and 70% in Net Profit
Pre-Tax for the First Quarter 2006


GEDERA, Israel, May 30 /PRNewswire-FirstCall/ -- TAT Technologies limited (NASDAQ/NMS: TATTF - News), which is engaged in the manufacturing, repairs and overhauls of heat transfer equipment and other various accessories mainly used in aircraft, reported today a net profit of $2,044,394 on revenues of $16,407,030 in the first quarter ended March 31, 2006 compared to a net profit before tax of $1,205,107 on sales of $ 8,389,151 for the same period of 2005.
The Company's revenue for the quarter ($16,407,030) has increased 96% compared to revenues for the first quarter in 2005 ($8,389,151).

The net profit before tax, for the quarter ($2,044,394) increased 70% compared to net profit for the first quarter in 2005 ($1,205,107).

The net profit after tax for the quarter ($1,254,916) increased 59% compared to the net profit after tax for the first quarter of 2005 ($788,350).

The increase in revenues and profit is mainly due to the acquisition of Piedmont Aviation Component Services, LLC which contributed more than $8,000,000 to sales and due to the efficiency measures applied by the company since its acquisition.

TAT, together with its subsidiaries, is principally engaged in the manufacture, repair and overhaul of heat transfer equipment, such as heat exchangers, precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems, electronic equipment and other applications. In addition the company manufactures and overhauls aircraft accessories and systems such as pumps, valves, Power Systems, Turbines, etc.


AT THE COMPANY
Mr. Israel Ofen
Executive Vice-President and Chief Financial Officer
+972-8-859-5411


TAT TECHNOLOGIES LTD.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Amounts in Thousands U.S $, Unaudited)

Three Months Ended
March 31
2005 2006
Revenues 8,389 16,407
Gross Profit 2,652 4,420
Income from Operations
before Income Taxes And
Minority Share in
Subsidiary 1,184 1,971
Other Income 21 73
Net Income before tax 1,205 2,044
Income tax 417 789
Net income after tax 788 1,255
Earnings Per Share - $ 0.13 0.21
Weighed Average Shares 6,042,671 6,042,671
Outstanding




Ottimo direi

 

[simulpaolo]

Bene bene prosegue imperterrito il suo trend rialzista contromercato dai 6 e rotti$ di meta' maggio, rotta la resistenza di10$ con forza.

 

[simulpaolo]

9:32AM TAT Technologies Ltd. reports Q2 EPS of $0.25 vs $0.15 in 2Q05; revs rose 105% YoY to $18.4 mln - no estimates (TATTF) 9.76 +0.52 :

 

[valuetrader]

Ottima sotto tutti gli aspetti

Bene bene prosegue imperterrito il suo trend rialzista contromercato dai 6 e rotti$ di meta' maggio, rotta la resistenza di10$ con forza.

Senza entrare in maggiori dettagli i parametri sono ottimi secondo il mio metodo. ma dal grafico si vede come la combinazione dei buoni fondamentali unita alla teoria delle medie portata avanti da Osinod anche sui titoli piccoli agli investitori pazienti possa portare grandi vantaggi.

 

[Gnappo]

vi faccio compagnia sul titolo...

 

[Gnappo]

bene

 

[Gnappo]

a 11.8 ci sono i max assoluti...
vediamo se li brekka...

 

[simulpaolo]

Sempre ben impostato ma quella resistenza intorno agli 11 è dura da valicare.



paolo

 

[Gnappo]

a 11.8 ci sono i max assoluti...
vediamo se li brekka...

si avvicina nuovamente ai max...

 

[simulpaolo]

Coraggio bastard......... 11,9$

 

[simulpaolo]

ottimo, secondo me c' ancora spazio ma per non peccare di presunzione ho liquidato meta' posizione con un bel gain



Paolo

 

[simulpaolo]

Liquidata l'altra meta', a 14,5$ è ben prezzato e mi pare anche in eccesso di ipercomprato.

 

[Gnappo]

a 11.8 ci sono i max assoluti...
vediamo se li brekka...

mmm mi sono accorto oggi che il grafico di prophet non teneva conto degli split...
i max asosluti non ci sono...

il target a 14.5 alla luce del nuovo grafico appare molto + importante di quello che pensavo...

la tua uscita paolo è stata ottima...

 

[-zeneize-]

oggi giocano con questa

 

[simulpaolo]

No non giocano qui fanno sul serio:


TAT Technologies Reports Third Quarter 2006 Results
Wednesday November 29, 8:16 am ET
Net Profit Increased by 94.8% Compared to Third Quarter 2005


GEDERA, Israel, November 29 /PRNewswire-FirstCall/ -- TAT Technologies Limited (NASDAQ: TATTF; ISRQ: TATTF), reported today a net profit of $1,675,300 on sales of $18,976,730 in the third quarter ended September 30, 2006 compared to a net profit of $859,919 on sales of $14,403,370 for the same period of 2005.
For the first nine months the company reported a net profit of $4,411,264 on sale of $53,773,889 compared to a net profit of $2,546,532 on sale of $31,753,490 for the same period of 2005.

Sales for the third quarter increased by 30.5% and net profit increased by 94.8% compared to the same quarter last year. These improvements have been mainly generated by TAT's subsidiaries.

On October 2006, the company signed a letter of intent with Stork N.V. and its aerospace subsidiary Fokker Services B.V. to sale 51% of Piedmont Aviation Components Services, LLC and 49% of Limco Airepair Inc. (the company subsidiaries) for $38,375,000. The closing is expected to be in January 2007.

TAT, together with its subsidiaries, is principally engaged in the manufacture, repair and overhaul of heat transfer equipment, such as heat exchangers, precoolers and oil/fuel hydraulic coolers used in aircraft, defense systems, electronic equipment and other applications. In addition the company manufactures and overhauls aircraft accessories and systems such as APU's, Landing Gears, Propellers, pumps, valves, Power Systems, Turbines, etc.

 

[-zeneize-]

ok ripreso il mazzetto...

 

[-zeneize-]

PAOLO secondo te possono arrivare a 20$?