Volex (VLX) Stock Overview
Manufactures and sells power and connectivity in North America, Europe, and Asia. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
VLX passed our risk checks.
VLX Community Fair Values
Create NarrativeSee what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Volex plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£6.84 |
| 52 Week High | UK£7.10 |
| 52 Week Low | UK£2.76 |
| Beta | 1.16 |
| 1 Month Change | 15.74% |
| 3 Month Change | 50.00% |
| 1 Year Change | 139.16% |
| 3 Year Change | 146.93% |
| 5 Year Change | 89.74% |
| Change since IPO | 163.08% |
Recent News & Updates
Narrative Update • Jun 01
VLX: Future P/E Confidence And Hold Rating Will Shape Fairly Balanced Outlook
Analysts have adjusted the Volex fair value estimate higher from about £5.25 to roughly £6.52 per share. This reflects updated price targets from several firms and revised assumptions for discount rate, revenue growth, profit margins, and future P/E multiples.
New Narrative • May 12
AI Infrastructure And EV Electrification Tailwinds Will Support Stronger Long Term Prospects
Catalysts About Volex Volex supplies critical connectivity, power and data solutions across sectors including electric vehicles, data centers, medical, consumer electricals, complex industrial technology and Off-Highway. What are the underlying business or industry changes driving this perspective?Analysis Article • May 06
Is Now The Time To Put Volex (LON:VLX) On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
New Narrative • Apr 28
Heavy Data Center Dependence And EV Uncertainty Will Challenge Long Term Earnings Quality
Catalysts About Volex Volex supplies power and data connectivity assemblies to global customers across electric vehicles, data centers, medical, consumer electricals, complex industrials and Off Highway markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 27
VLX: Updated Earnings Power Assumptions Will Shape Future P/E Outcomes
Analysts have lifted their price target on Volex by £1.30. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions discussed in recent research.Recent updates
Narrative Update • Jun 01
VLX: Future P/E Confidence And Hold Rating Will Shape Fairly Balanced Outlook
Analysts have adjusted the Volex fair value estimate higher from about £5.25 to roughly £6.52 per share. This reflects updated price targets from several firms and revised assumptions for discount rate, revenue growth, profit margins, and future P/E multiples.New Narrative • May 12
AI Infrastructure And EV Electrification Tailwinds Will Support Stronger Long Term Prospects
Catalysts About Volex Volex supplies critical connectivity, power and data solutions across sectors including electric vehicles, data centers, medical, consumer electricals, complex industrial technology and Off-Highway. What are the underlying business or industry changes driving this perspective?Analysis Article • May 06
Is Now The Time To Put Volex (LON:VLX) On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...New Narrative • Apr 28
Heavy Data Center Dependence And EV Uncertainty Will Challenge Long Term Earnings Quality
Catalysts About Volex Volex supplies power and data connectivity assemblies to global customers across electric vehicles, data centers, medical, consumer electricals, complex industrials and Off Highway markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 27
VLX: Updated Earnings Power Assumptions Will Shape Future P/E Outcomes
Analysts have lifted their price target on Volex by £1.30. This reflects updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions discussed in recent research.Narrative Update • Apr 10
VLX: Updated Fair Value Assumptions And P/E Framework Will Guide Future Returns
Analysts have lifted their price target on Volex by £0.10, citing updated assumptions around fair value, discount rate and future P/E multiples as key supports for the new view. Analyst Commentary Recent Street research points to a modestly more constructive tone, with bullish analysts framing the £0.10 target lift as a reflection of refreshed fair value work and updated assumptions around the companys risk profile and earnings multiples.Narrative Update • Mar 26
VLX: Refined Assumptions And Higher P/E Will Shape Measured Future Returns
The analyst price target for Volex has increased by £0.10. Analysts attribute this change to updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E.Narrative Update • Mar 12
VLX: Refined Discount Rate And Higher P/E Assumptions Will Support Future Returns
Narrative Update The analyst price target for Volex has been raised by £0.10. Analysts cited updated fair value estimates, a revised discount rate, and refreshed P/E assumptions as key inputs behind the change.Narrative Update • Feb 26
VLX: Refined Assumptions And Higher P/E Confidence Will Shape Future Returns
Analysts have lifted their price target on Volex by £0.10, reflecting updated views on its fair value, discount rate and expected future P/E following recent research commentary. Analyst Commentary Bullish Takeaways Bullish analysts view the £0.10 increase in the price target as better alignment with their updated fair value work, suggesting that recent research has led them to reassess the risk and return trade off more positively.Narrative Update • Feb 11
VLX: Refined Assumptions And Modest Uplift Will Shape Future Returns
Analysts have raised their price target on Volex by £0.10, citing updated fair value work that reflects slight adjustments to the discount rate, revenue growth, profit margin assumptions, and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts view the £0.10 uplift in the price target as a sign that their refreshed fair value work supports the current investment case, even after updating discount rate and P/E assumptions.Narrative Update • Jan 27
VLX: Dividend Policy And New Leadership Will Shape Steady Future Returns
Analysts have nudged their price targets on Volex higher, including a £0.10 increase from recent Street research. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E multiples.Analysis Article • Jan 21
We Think Volex (LON:VLX) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 11
VLX: Dividend Policy And New Leadership Will Support Steady Future Returns
Analysts have adjusted their price target on Volex to reflect a slightly higher discount rate and a modestly lower assumed future P/E multiple. Their fair value estimate remains broadly unchanged in currency terms, while they fine tune the underlying risk and earnings expectations.Narrative Update • Dec 26
VLX: Dividend Increase And New CEO Will Support Balanced Future Returns
Analysts have modestly raised their price target on Volex to reflect a slightly lower perceived risk profile and an incrementally higher future earnings multiple, resulting in a revised valuation of approximately $4.56 per share, up from about $4.56 previously. What's in the News Board declares an increased interim dividend of 1.6 pence per share for the half year ended September 30, 2025, up 6.7% from 1.5 pence a year earlier, reaffirming a progressive dividend policy (company announcement).Narrative Update • Dec 12
VLX: Dividend And New CEO Will Drive Future Share Upside
Analysts have nudged their price target on Volex slightly higher to reflect marginally stronger long term growth and profitability assumptions, resulting in a modest increase in the stock's estimated fair value in currency terms. What's in the News The board has declared an increased interim dividend of 1.6 pence per share for the half year ended September 30, 2025, up 6.7% year on year, reaffirming a progressive dividend policy and offering a scrip dividend alternative to cash (Company announcement).Narrative Update • Nov 28
VLX: Leadership Changes And Dividend Increase Will Drive Near-Term Momentum
Analysts have raised their price target for Volex from £4.21 to £4.56. They cite refined expectations for growth, profitability, and valuation metrics as the reasons for this adjustment.Narrative Update • Nov 13
VLX: Improved Outlook And Leadership Changes Will Shape Future Performance
Volex Analyst Price Target Raised on Improved Outlook Analysts have increased their price target for Volex from £3.95 to £4.21, citing slightly higher projected revenue growth and profit margins in their latest assessment. What's in the News Nat Rothschild has been appointed as Chief Executive Officer of Volex, with the appointment effective from 12 November 2025 (Key Developments).Analysis Article • Oct 22
Is Now The Time To Put Volex (LON:VLX) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Jul 17
Volex (LON:VLX) Has Announced That It Will Be Increasing Its Dividend To $0.03
Volex plc ( LON:VLX ) has announced that it will be increasing its dividend from last year's comparable payment on the...Analysis Article • Jul 06
Volex plc's (LON:VLX) 26% Price Boost Is Out Of Tune With Earnings
Despite an already strong run, Volex plc ( LON:VLX ) shares have been powering on, with a gain of 26% in the last...Analysis Article • Jul 02
Volex (LON:VLX) Is Increasing Its Dividend To $0.03
Volex plc's ( LON:VLX ) dividend will be increasing from last year's payment of the same period to $0.03 on 5th of...Analysis Article • Jun 27
Volex (LON:VLX) Hasn't Managed To Accelerate Its Returns
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • Apr 05
Volex plc's (LON:VLX) 27% Dip In Price Shows Sentiment Is Matching Earnings
Volex plc ( LON:VLX ) shareholders that were waiting for something to happen have been dealt a blow with a 27% share...
New Narrative • Feb 24
EV Partnerships, Including Tesla, Will Drive Future Opportunities
Strategic expansions and partnerships in emerging and high-growth sectors like EVs position Volex for robust future revenue growth.Analysis Article • Jan 15
Here's What To Make Of Volex's (LON:VLX) Decelerating Rates Of Return
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Analysis Article • Dec 13
Earnings Tell The Story For Volex plc (LON:VLX)
There wouldn't be many who think Volex plc's ( LON:VLX ) price-to-earnings (or "P/E") ratio of 16x is worth a mention...Analysis Article • Nov 18
Volex (LON:VLX) Will Pay A Dividend Of $0.015
Volex plc ( LON:VLX ) has announced that it will pay a dividend of $0.015 per share on the 9th of January. This takes...Analysis Article • Nov 16
Volex plc's (LON:VLX) Intrinsic Value Is Potentially 24% Below Its Share Price
Key Insights Volex's estimated fair value is UK£2.32 based on 2 Stage Free Cash Flow to Equity Volex is estimated to be...Analysis Article • Jul 05
We Think That There Are Some Issues For Volex (LON:VLX) Beyond Its Promising Earnings
Volex plc's ( LON:VLX ) stock didn't jump after it announced some healthy earnings. Our analysis showed that there are...Analysis Article • Jun 29
Volex's (LON:VLX) Upcoming Dividend Will Be Larger Than Last Year's
Volex plc ( LON:VLX ) has announced that it will be increasing its dividend from last year's comparable payment on the...Analysis Article • May 10
Volex plc (LON:VLX) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Volex plc ( LON:VLX ) shares have had a really impressive month, gaining 25% after a shaky period beforehand. Looking...Analysis Article • Apr 19
Is Now The Time To Put Volex (LON:VLX) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Feb 22
We Think Volex (LON:VLX) Can Stay On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Oct 10
At UK£2.88, Is It Time To Put Volex plc (LON:VLX) On Your Watch List?
While Volex plc ( LON:VLX ) might not be the most widely known stock at the moment, it received a lot of attention from...Analysis Article • Aug 15
Is Volex (LON:VLX) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jun 25
Volex (LON:VLX) Is Increasing Its Dividend To $0.026
The board of Volex plc ( LON:VLX ) has announced that it will be paying its dividend of $0.026 on the 25th of August...Analysis Article • Nov 13
Volex (LON:VLX) Is Paying Out A Larger Dividend Than Last Year
The board of Volex plc ( LON:VLX ) has announced that it will be increasing its dividend by 8.3% on the 16th of...Shareholder Returns
| VLX | GB Electrical | GB Market | |
|---|---|---|---|
| 7D | -0.7% | 3.4% | -0.3% |
| 1Y | 139.2% | 12.3% | 18.4% |
Return vs Industry: VLX exceeded the UK Electrical industry which returned 12.3% over the past year.
Return vs Market: VLX exceeded the UK Market which returned 18.4% over the past year.
Price Volatility
| VLX volatility | |
|---|---|
| VLX Average Weekly Movement | 5.9% |
| Electrical Industry Average Movement | 7.3% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in GB Market | 11.8% |
| 10% least volatile stocks in GB Market | 3.2% |
Stable Share Price: VLX has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: VLX's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1892 | 13,000 | Nat Rothschild | www.volex.com |
Volex plc manufactures and sells power and connectivity in North America, Europe, and Asia. It provides integrated manufacturing services, such as PCB assembly, box build, and complex cable assemblies; electric vehicle charging solutions; consumer cable harness and power products; copper interconnect cables and data transfer cables; and data center power cables and power cords. The company also offers plugs, connectors, and receptacles, custom ruggedised wiring harnesses and battery cables, as well as Integrated Manufacturing Services, such as high level assembly, box builds, electromechanical assemblies and systems, printed circuit board assemblies, video display systems, and embedded systems.
Volex plc Fundamentals Summary
| VLX fundamental statistics | |
|---|---|
| Market cap | UK£1.27b |
| Earnings (TTM) | UK£42.41m |
| Revenue (TTM) | UK£855.75m |
29.6x
P/E Ratio1.5x
P/S RatioIs VLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VLX income statement (TTM) | |
|---|---|
| Revenue | US$1.15b |
| Cost of Revenue | US$897.60m |
| Gross Profit | US$254.60m |
| Other Expenses | US$197.50m |
| Earnings | US$57.10m |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
Jun 25, 2026
| Earnings per share (EPS) | 0.31 |
| Gross Margin | 22.10% |
| Net Profit Margin | 4.96% |
| Debt/Equity Ratio | 42.3% |
How did VLX perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/02 17:44 |
| End of Day Share Price | 2026/06/02 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Volex plc is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Abraham | Berenberg |
| Andrew Simms | Berenberg |
| James Bayliss | Berenberg |