View Past PerformanceMidwich Group バランスシートの健全性財務の健全性 基準チェック /36Midwich Groupの総株主資本は£160.1M 、総負債は£180.0Mで、負債比率は112.5%となります。総資産と総負債はそれぞれ£625.3Mと£465.2Mです。主要情報112.45%負債資本比率UK£180.00m負債インタレスト・カバレッジ・レシオn/a現金UK£53.98mエクイティUK£160.07m負債合計UK£465.24m総資産UK£625.31m財務の健全性に関する最新情報分析記事 • Sep 30These 4 Measures Indicate That Midwich Group (LON:MIDW) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesお知らせ • 1hMidwich Group plc Announces Board ChangesMidwich Group PLC announced that Peter Malpas had been appointed as an independent Non-Executive Director with effect from June 1, 2026, replacing Mike Ashley who stepped down from the Board on May 12, 2026. Upon his appointment, Peter Malpas became a member of the Group's Board, Audit, Nominations, Remuneration and Sustainability Committees. Peter Malpas, aged 58, has held a range of senior leadership roles at IMO Precision Controls Ltd, Brammer Group (now Rubix) and RS Group plc, and is currently the President of EMEA at RS Group plc. Peter Malpas has deep experience working in distribution businesses, in particular across EMEA, and will further strengthen the Board's skillset thanks to his valuable blend of engineering, sales, commercial strategy and operational management experience. Peter Malpas holds or has held the following directorships/partnerships in the past five years: Current Directorships or Partnerships: RS Components Limited.New Risk • May 15New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks High level of debt (79% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.4% average weekly change).Upcoming Dividend • May 14Upcoming dividend of UK£0.035 per shareEligible shareholders must have bought the stock before 21 May 2026. Payment date: 03 July 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (0.8%).お知らせ • May 14Midwich Group plc Approves Final Dividend for the Year Ended December 31, 2025Midwich Group plc at its Annual General Meeting held on May 12, 2026, approved to declare a final dividend for the financial year ended 31 December 2025 of 3.5 pence per ordinary share.お知らせ • Apr 10Midwich Group plc, Annual General Meeting, May 12, 2026Midwich Group plc, Annual General Meeting, May 12, 2026. Location: the office of midwich group plc, vinces road, diss, norfolk, ip22 4yt, United KingdomNew Risk • Mar 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.7% average weekly change).New Risk • Mar 20New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks High level of debt (92% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.7% average weekly change).Declared Dividend • Mar 19Final dividend reduced to UK£0.035Dividend of UK£0.035 is 53% lower than last year. Ex-date: 21st May 2026 Payment date: 3rd July 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time.Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: UK£0.22 loss per share (down from UK£0.16 profit in FY 2024). Revenue: UK£1.29b (down 1.9% from FY 2024). Net loss: UK£22.6m (down 241% from profit in FY 2024). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.お知らせ • Mar 18Midwich Group plc Recommends Final Dividend for the Year Ended December 31, 2025, Payable on 3 July 2026The board of Midwich Group plc recommended a final dividend of 3.5 pence per share for the Year Ended December 31, 2025, which, if approved by shareholders at the AGM, will be paid on 3 July 2026 to shareholders on the register on 22 May 2026. The last day to elect for dividend reinvestment ("DRIP") is 12 June 2026.New Risk • Mar 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (137% payout ratio). Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Dividend is not well covered by earnings (137% payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to UK£1.85, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£3.39 per share.分析記事 • Feb 06Risks To Shareholder Returns Are Elevated At These Prices For Midwich Group plc (LON:MIDW)When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 16x, you may...お知らせ • Feb 04+ 1 more updateMidwich Group plc Announces Appointment of Adam Councell as Member of Board Effective March 2, 2026Midwich Group plcC announced that Adam Councell will join the Company as a member of the Board with effect from March 2, 2026. Adam was previously Chief Financial Officer at Marlowe Plc, a position he held from 2021 through to its takeover by Mitie Group plc in August 2025. Prior to Marlowe, he was Group Finance Director at Fuller, Smith & Turner PLC from 2019 to 2021, and Restore PLC from 2012 to 2019, where he played a leading role in the development of the group into a leading office services provider. Prior to this, Adam spent nine years in senior finance roles at Rentokil Initial plc. Stephen Lamb will step down from his role as a member of the Board on February 28, 2026 following an orderly handover to Adam.お知らせ • Jan 20+ 1 more updateMidwich Group plc to Report Fiscal Year 2025 Results on Mar 17, 2026Midwich Group plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Mar 17, 2026分析記事 • Dec 03Midwich Group (LON:MIDW) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Recent Insider Transactions Derivative • Oct 08Group Finance Director exercised options and sold UK£86k worth of stockOn the 6th of October, Stephen Lamb exercised 91.05k options at around UK£0.01, then sold 46k of the shares acquired at an average of UK£1.89 per share and kept the remainder. Since December 2024, Stephen's direct individual holding has increased from 159.61k shares to 204.57k. Company insiders have collectively bought UK£324k more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Sep 12Midwich Group plc (LON:MIDW) Shares Could Be 43% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Midwich Group fair value estimate is UK£3.20 Midwich Group's...Reported Earnings • Sep 11First half 2025 earnings released: UK£0.024 loss per share (vs UK£0.065 profit in 1H 2024)First half 2025 results: UK£0.024 loss per share (down from UK£0.065 profit in 1H 2024). Revenue: UK£620.3m (down 4.3% from 1H 2024). Net loss: UK£2.49m (down 138% from profit in 1H 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.New Risk • Sep 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 19% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.2% net profit margin).Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to UK£2.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£4.20 per share.Major Estimate Revision • Jul 22Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.181 to UK£0.151 per share. Revenue forecast steady at UK£1.31b. Net income forecast to shrink 3.9% next year vs 36% growth forecast for Electronic industry in the United Kingdom . Consensus price target of UK£3.29 unchanged from last update. Share price rose 5.4% to UK£2.16 over the past week.お知らせ • Jul 21+ 1 more updateMidwich Group plc to Report First Half, 2025 Results on Sep 09, 2025Midwich Group plc announced that they will report first half, 2025 results on Sep 09, 2025Upcoming Dividend • May 15Upcoming dividend of UK£0.075 per shareEligible shareholders must have bought the stock before 22 May 2025. Payment date: 04 July 2025. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 6.2%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).Major Estimate Revision • May 14Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£1.35b to UK£1.31b. EPS estimate also fell from UK£0.208 per share to UK£0.181 per share. Net income forecast to grow 32% next year vs 24% growth forecast for Electronic industry in the United Kingdom. Consensus price target down from UK£4.62 to UK£3.29. Share price rose 3.4% to UK£2.12 over the past week.Price Target Changed • May 13Price target decreased by 19% to UK£3.29Down from UK£4.08, the current price target is an average from 2 analysts. New target price is 54% above last closing price of UK£2.14. Stock is down 46% over the past year. The company is forecast to post earnings per share of UK£0.18 for next year compared to UK£0.16 last year.分析記事 • May 06Shareholders May Be A Bit More Conservative With Midwich Group plc's (LON:MIDW) CEO Compensation For NowKey Insights Midwich Group will host its Annual General Meeting on 13th of May Total pay for CEO Stephen Fenby includes...分析記事 • Apr 09Lacklustre Performance Is Driving Midwich Group plc's (LON:MIDW) Low P/EMidwich Group plc's ( LON:MIDW ) price-to-earnings (or "P/E") ratio of 12x might make it look like a buy right now...お知らせ • Apr 08Midwich Group plc, Annual General Meeting, May 13, 2025Midwich Group plc, Annual General Meeting, May 13, 2025. Location: the offices of the company, vinces road, norfolk, ip22 4yt, diss United Kingdom分析記事 • Mar 21Midwich Group (LON:MIDW) Will Pay A Dividend Of £0.075Midwich Group plc ( LON:MIDW ) has announced that it will pay a dividend of £0.075 per share on the 4th of July. The...Declared Dividend • Mar 20Final dividend reduced to UK£0.075Dividend of UK£0.075 is 32% lower than last year. Ex-date: 22nd May 2025 Payment date: 4th July 2025 Dividend yield will be 5.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 17% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 9.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 20Midwich Group plc Recommends Final Dividend for the Year Ended December 31, 2024, Payable on 4 July 2025The board of Midwich Group plc recommended a final dividend of 7.5 pence per share for the year ended December 31, 2024 which, together with the interim dividend of 5.5 pence per share, gives a total dividend for 2024 of 13.0 pence per share (2023: 16.5 pence per share). If approved by shareholders at the AGM, the final dividend will be paid on 4 July 2025 to shareholders on the register on 23 May 2025. The last day to elect for dividend reinvestment ("DRIP") is 13 June 2025.Reported Earnings • Mar 18Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: UK£0.16 (down from UK£0.28 in FY 2023). Revenue: UK£1.32b (up 2.2% from FY 2023). Net income: UK£16.0m (down 40% from FY 2023). Profit margin: 1.2% (down from 2.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.新しいナラティブ • Feb 23Live Events Sector Growth Will Shape Future Prospects Amid Margin Pressures Expansion into key markets and a focus on high-margin technical products are set to drive significant revenue and profitability growth. Buy Or Sell Opportunity • Feb 17Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to UK£2.61. The fair value is estimated to be UK£3.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to decline by 0.2% in a year. Earnings are forecast to decline by 10.0% in the next year.Buy Or Sell Opportunity • Jan 20Now 21% undervaluedOver the last 90 days, the stock has risen 6.8% to UK£2.81. The fair value is estimated to be UK£3.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to decline by 0.2% in a year. Earnings are forecast to decline by 10.0% in the next year.お知らせ • Jan 20Midwich Group plc to Report Fiscal Year 2024 Results on Mar 18, 2025Midwich Group plc announced that they will report fiscal year 2024 results on Mar 18, 2025New Risk • Nov 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change).Price Target Changed • Oct 27Price target decreased by 20% to UK£4.81Down from UK£6.04, the current price target is an average from 3 analysts. New target price is 80% above last closing price of UK£2.68. Stock is down 29% over the past year. The company is forecast to post earnings per share of UK£0.19 for next year compared to UK£0.28 last year.New Risk • Oct 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Recent Insider Transactions • Oct 23Group MD & Director recently bought UK£410k worth of stockOn the 21st of October, Stephen Fenby bought around 150k shares on-market at roughly UK£2.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of UK£598k worth in shares.お知らせ • Oct 22Midwich Group plc Revises Financial Guidance for the Year Ending 31 December 2024Midwich Group plc revised financial guidance for the year ending 31 December 2024. The company now expect current market conditions to persist for at least the rest of the year. Given the challenging AV market backdrop, the Board now expects full year Group revenue to be marginally ahead of the prior year. The previously announced overhead reduction programme is also well progressed. However, whilst these overhead reductions will support increased operating profit margins in the second half of the year onwards.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to UK£2.65, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Electronic industry in the United Kingdom. Total loss to shareholders of 58% over the past three years.Price Target Changed • Oct 07Price target increased by 8.0% to UK£6.04Up from UK£5.60, the current price target is an average from 3 analysts. New target price is 91% above last closing price of UK£3.16. Stock is down 21% over the past year. The company is forecast to post earnings per share of UK£0.24 for next year compared to UK£0.28 last year.Reported Earnings • Sep 09First half 2024 earnings released: EPS: UK£0.065 (vs UK£0.12 in 1H 2023)First half 2024 results: EPS: UK£0.065 (down from UK£0.12 in 1H 2023). Revenue: UK£646.1m (up 5.8% from 1H 2023). Net income: UK£6.62m (down 40% from 1H 2023). Profit margin: 1.0% (down from 1.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Declared Dividend • Sep 05First half dividend of UK£0.055 announcedDividend of UK£0.055 is the same as last year. Ex-date: 12th September 2024 Payment date: 18th October 2024 Dividend yield will be 5.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Sep 03Midwich Group plc Declares Interim Dividend, Payable on 18 October 2024Midwich Group plc to declare an interim dividend of 5.5 pence per share (H1 2023: 5.5 pence). This will be paid on 18 October 2024 to those shareholders on the Company's register as at 13 September 2024. The last day to elect for dividend reinvestment is 27 September 2024.お知らせ • Jul 18Midwich Group plc to Report First Half, 2024 Results on Sep 03, 2024Midwich Group plc announced that they will report first half, 2024 results on Sep 03, 2024Major Estimate Revision • May 15Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£1.41b to UK£1.38b. EPS estimate also fell from UK£0.283 per share to UK£0.249 per share. Net income forecast to shrink 7.3% next year vs 13% growth forecast for Electronic industry in the United Kingdom . Consensus price target down from UK£6.26 to UK£5.78. Share price fell 8.2% to UK£3.93 over the past week.New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding).お知らせ • May 15Midwich Group plc Approves to Declare A Final Dividend for the Financial Year Ended 31 December 2023Midwich Group plc at the AGM held on May 14, 2024, approved to declare a final dividend for the financial year ended 31 December 2023 of 11.0 pence per ordinary share.Price Target Changed • May 14Price target decreased by 7.1% to UK£6.28Down from UK£6.76, the current price target is an average from 4 analysts. New target price is 60% above last closing price of UK£3.93. Stock is down 20% over the past year. The company is forecast to post earnings per share of UK£0.25 for next year compared to UK£0.28 last year.Upcoming Dividend • May 02Upcoming dividend of UK£0.11 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).分析記事 • Apr 26Midwich Group (LON:MIDW) Will Pay A Larger Dividend Than Last Year At £0.11Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...分析記事 • Apr 12Midwich Group's (LON:MIDW) Upcoming Dividend Will Be Larger Than Last Year'sMidwich Group plc's ( LON:MIDW ) dividend will be increasing from last year's payment of the same period to £0.11 on...お知らせ • Apr 12Midwich Group plc, Annual General Meeting, May 14, 2024Midwich Group plc, Annual General Meeting, May 14, 2024, at 09:00 Coordinated Universal Time. Location: Midwich Group plc, Vinces Road, Diss Norfolk United Kingdomお知らせ • Mar 23Midwich Group plc Recommends Final Dividend, Payable on June 14, 2024Midwich Group plc recommending a final dividend of 11.0 pence per share which, together with the interim dividend of 5.5 pence per share, gives a total dividend for 2023 of 16.5 pence per share (2022: 15.0 pence). If approved by shareholders at the AGM, the final dividend will be paid on 14 June 2024 to shareholders on the register on 10 May 2024.分析記事 • Mar 22Midwich Group (LON:MIDW) Has Announced That It Will Be Increasing Its Dividend To £0.11Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Mar 21Final dividend increased to UK£0.11Dividend of UK£0.11 is 4.8% higher than last year. Ex-date: 9th May 2024 Payment date: 14th June 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Mar 20Midwich Group plc Appoints Alison Seekings as an Independent Non-Executive DirectorMidwich Group plc announced it has appointed Alison Seekings as an independent Non-Executive Director with effect from 19 March 2024. Upon her appointment, Alison will be a member of the Group's Board, Audit, Nominations, Remuneration and Sustainability Committees. With over 35 years of experience, Alison has held senior audit positions at Deloitte and Grant Thornton, where she was recently Audit Partner. Alison has a wealth of experience working with AIM quoted companies, particularly in the technology sector, and will further strengthen the Board's skillset due to her extensive technical accounting, financial governance, and board-level advisory experience.Reported Earnings • Mar 20Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: UK£0.28 (up from UK£0.17 in FY 2022). Revenue: UK£1.29b (up 7.1% from FY 2022). Net income: UK£26.8m (up 75% from FY 2022). Profit margin: 2.1% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jan 17Midwich Group plc to Report Fiscal Year 2023 Results on Mar 19, 2024Midwich Group plc announced that they will report fiscal year 2023 results on Mar 19, 2024Recent Insider Transactions • Oct 31Group MD & Director recently bought UK£188k worth of stockOn the 27th of October, Stephen Fenby bought around 50k shares on-market at roughly UK£3.76 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of UK£387k worth in shares.Recent Insider Transactions • Oct 13Group MD & Director recently bought UK£100k worth of stockOn the 10th of October, Stephen Fenby bought around 25k shares on-market at roughly UK£4.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months.Upcoming Dividend • Sep 14Upcoming dividend of UK£0.055 per share at 3.6% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of British dividend payers (6.3%). Higher than average of industry peers (1.6%).分析記事 • Sep 08Midwich Group's (LON:MIDW) Dividend Will Be Increased To £0.055The board of Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend by 22% on the 27th of...Reported Earnings • Sep 06First half 2023 earnings released: EPS: UK£0.12 (vs UK£0.079 in 1H 2022)First half 2023 results: EPS: UK£0.12 (up from UK£0.079 in 1H 2022). Revenue: UK£610.4m (up 7.4% from 1H 2022). Net income: UK£11.0m (up 57% from 1H 2022). Profit margin: 1.8% (up from 1.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 05Midwich Group plc Declares an Interim Dividend, Will Be Paid on 27Th October 2023Midwich Group plc declare an interim dividend of 5.5 pence per share (H1 2022: 4.5 pence), an increase of 22%. This will be paid on 27th October 2023 to those shareholders on the Company's register as at 22nd September 2023. The last day to elect for dividend reinvestment ("DRIP") is 6thOctober 2023.お知らせ • Aug 11Midwich Group plc (AIM:MIDW) acquired Pulse Cinemas Limited.Midwich Group plc (AIM:MIDW) acquired Pulse Cinemas Limited on August 9, 2023. The existing leadership team of managing director Mike Beatty and chief operating officer Kapes Patel will continue to manage the team post-acquisition. Midwich Group plc (AIM:MIDW) completed the acquisition of Pulse Cinemas Limited on August 9, 2023.お知らせ • Aug 05Midwich Group plc to Report First Half, 2023 Results on Sep 05, 2023Midwich Group plc announced that they will report first half, 2023 results on Sep 05, 2023お知らせ • Jul 18Midwich Group plc Provides Earnings Guidance for the Full Year of 2023Midwich Group plc provided earnings guidance for the full year of 2023. With order books remaining healthy, unless general economic conditions deteriorate significantly, the Board expects the momentum seen in first half 2023 to continue throughout the remainder of the year. As a result, the Board continues to expect trading performance for the full year to be in line with its previous expectations before the positive contribution from the three acquisitions completed in July.New Risk • Jun 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (68% net debt to equity). Dividend is not well covered by cash flows (100% cash payout ratio). Shareholders have been diluted in the past year (14% increase in shares outstanding).お知らせ • Jun 09Midwich Group plc has completed a Follow-on Equity Offering in the amount of £51.250487 million.Midwich Group plc has completed a Follow-on Equity Offering in the amount of £51.250487 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,764,705 Price\Range: £4.25 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 294,233 Price\Range: £4.25 Transaction Features: Subsequent Direct Listingお知らせ • Jun 08Midwich Group plc (AIM:MIDW) acquired SF Marketing Inc. for CAD 44.3 million.Midwich Group plc (AIM:MIDW) acquired SF Marketing Inc. for CAD 44.3 million on June 7, 2023. As for consideration, Midwich acquired entire issued share capital of SFM for a maximum consideration of up to CAD 44.3 million on a cash free, debt free basis, comprising an initial consideration of CAD39.3 million paid on completion, a CAD 2 million deferred consideration paid on the first twelve month anniversary and a further supplementary payment of up to CAD 3 million, paid on the first twelve month anniversary, subject to growth in operating profit as described below. The Consideration is payable in cash with the initial consideration financed from the Midwich Group plc existing bank facilities. The Acquisition is not conditional on the Placing. SFM's management team will remain with the business as part of the enlarged group following completion.Midwich Group plc (AIM:MIDW) completed the acquisition of SF Marketing Inc. on June 7, 2023.お知らせ • May 10Midwich Group plc Declares Final Dividend for the Financial Year Ended 31 December 2022Midwich Group plc at the Annual General Meeting held on May 9, 2022, approved to declare a final dividend for the financial year ended 31 December 2022 of 10.5 pence per ordinary share.Upcoming Dividend • Apr 27Upcoming dividend of UK£0.10 per share at 3.2% yieldEligible shareholders must have bought the stock before 04 May 2023. Payment date: 16 June 2023. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).分析記事 • Mar 17Midwich Group (LON:MIDW) Is Paying Out A Larger Dividend Than Last YearMidwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...Reported Earnings • Mar 15Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: UK£0.17 (up from UK£0.14 in FY 2021). Revenue: UK£1.20b (up 41% from FY 2021). Net income: UK£15.3m (up 23% from FY 2021). Profit margin: 1.3% (down from 1.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 14Is Midwich Group plc (LON:MIDW) Trading At A 47% Discount?Key Insights Midwich Group's estimated fair value is UK£8.31 based on 2 Stage Free Cash Flow to Equity Midwich Group's...お知らせ • Jan 18Midwich Group plc Provides Trading Guidance for the Year Ended 31 December 2022Midwich Group plc provides trading guidance for the year ended 31 December 2022. The Board now expects to report record revenue for 2022 of £1.2 billion, representing growth of approximately 40% over the prior year (39% at constant currency), with organic growth of over 20%.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Group Finance Director & Director Stephen Lamb was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Sep 30These 4 Measures Indicate That Midwich Group (LON:MIDW) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Sep 16Midwich Group plc to Report Fiscal Year 2022 Final Results on Mar 14, 2023Midwich Group plc announced that they will report fiscal year 2022 final results on Mar 14, 2023分析記事 • Sep 09Midwich Group's (LON:MIDW) Dividend Will Be Increased To £0.045Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...Reported Earnings • Sep 07First half 2022 earnings released: EPS: UK£0.079 (vs UK£0.048 in 1H 2021)First half 2022 results: EPS: UK£0.079 (up from UK£0.048 in 1H 2021). Revenue: UK£568.6m (up 46% from 1H 2021). Net income: UK£7.00m (up 66% from 1H 2021). Profit margin: 1.2% (up from 1.1% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Sep 07Midwich Group plc Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 26 October 2022The Board of Midwich Group plc declared an interim dividend of 4.5 pence per share (H1 2021: 3.3 pence), an increase of 36% for the six months ended 30 June 2022. This will be paid on 26 October 2022 to those shareholders on the Company's register as at 16 September 2022. The last day to elect for dividend reinvestment ("DRIP") is 3 October 2022. The Board believes in a progressive dividend policy to reflect the Group's strong earnings and cash flow while maintaining an appropriate level of dividend cover to allow for investment in longer-term growth. The Board anticipates that future dividends will continue to be covered in the range of 2-2.5 times by adjusted earnings per share.お知らせ • Jul 19Midwich Group plc Provides Guidance for the Full Year of 2022Midwich Group plc provided guidance for the full year of 2022. With order books remaining very strong, unless general economic conditions deteriorate significantly, the Board expects the momentum seen in first half 2022 to continue throughout the remainder of the year. As a result, the Board now expects trading performance for the full year will be slightly ahead of its previous expectations.お知らせ • Jul 06Midwich Group plc to Report First Half, 2022 Results on Sep 06, 2022Midwich Group plc announced that they will report first half, 2022 results on Sep 06, 2022分析記事 • Jun 18Midwich Group plc's (LON:MIDW) Intrinsic Value Is Potentially 69% Above Its Share PriceHow far off is Midwich Group plc ( LON:MIDW ) from its intrinsic value? Using the most recent financial data, we'll...お知らせ • May 12Midwich Group plc Declares Final Dividend for the Financial Year Ended 31 December 2021Midwich Group plc declared final dividend for the financial year ended 31 December 2021 of 7.8 pence per ordinary share.Upcoming Dividend • Apr 28Upcoming dividend of UK£0.078 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 17 June 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.4%).Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Group Finance Director, Company Secretary & Director Stephen Lamb was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 07Midwich Group plc, Annual General Meeting, May 09, 2022Midwich Group plc, Annual General Meeting, May 09, 2022, at 09:00 Coordinated Universal Time. Location: at the office of Midwich Group plc, Vinces Road, Diss Norfolk United KingdomValuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to UK£5.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 5.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£9.27 per share.財務状況分析短期負債: MIDWの 短期資産 ( £444.7M ) が 短期負債 ( £287.0M ) を超えています。長期負債: MIDWの短期資産 ( £444.7M ) が 長期負債 ( £178.2M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: MIDWの 純負債対資本比率 ( 78.7% ) は 高い と見なされます。負債の削減: MIDWの負債対資本比率は、過去 5 年間で44.7%から112.5%に増加しました。債務返済能力: MIDWの負債は 営業キャッシュフロー によって 十分にカバー されています ( 30.9% )。インタレストカバレッジ: MIDWの負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 13:53終値2026/05/27 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Midwich Group plc 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Benjamin MayBerenbergJames BaylissBerenbergGert ZonneveldCanaccord Genuity2 その他のアナリストを表示
分析記事 • Sep 30These 4 Measures Indicate That Midwich Group (LON:MIDW) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • 1hMidwich Group plc Announces Board ChangesMidwich Group PLC announced that Peter Malpas had been appointed as an independent Non-Executive Director with effect from June 1, 2026, replacing Mike Ashley who stepped down from the Board on May 12, 2026. Upon his appointment, Peter Malpas became a member of the Group's Board, Audit, Nominations, Remuneration and Sustainability Committees. Peter Malpas, aged 58, has held a range of senior leadership roles at IMO Precision Controls Ltd, Brammer Group (now Rubix) and RS Group plc, and is currently the President of EMEA at RS Group plc. Peter Malpas has deep experience working in distribution businesses, in particular across EMEA, and will further strengthen the Board's skillset thanks to his valuable blend of engineering, sales, commercial strategy and operational management experience. Peter Malpas holds or has held the following directorships/partnerships in the past five years: Current Directorships or Partnerships: RS Components Limited.
New Risk • May 15New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks High level of debt (79% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.4% average weekly change).
Upcoming Dividend • May 14Upcoming dividend of UK£0.035 per shareEligible shareholders must have bought the stock before 21 May 2026. Payment date: 03 July 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (0.8%).
お知らせ • May 14Midwich Group plc Approves Final Dividend for the Year Ended December 31, 2025Midwich Group plc at its Annual General Meeting held on May 12, 2026, approved to declare a final dividend for the financial year ended 31 December 2025 of 3.5 pence per ordinary share.
お知らせ • Apr 10Midwich Group plc, Annual General Meeting, May 12, 2026Midwich Group plc, Annual General Meeting, May 12, 2026. Location: the office of midwich group plc, vinces road, diss, norfolk, ip22 4yt, United Kingdom
New Risk • Mar 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.7% average weekly change).
New Risk • Mar 20New major risk - Revenue and earnings growthEarnings have declined by 2.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks High level of debt (92% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.7% average weekly change).
Declared Dividend • Mar 19Final dividend reduced to UK£0.035Dividend of UK£0.035 is 53% lower than last year. Ex-date: 21st May 2026 Payment date: 3rd July 2026 Dividend yield will be 3.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time.
Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: UK£0.22 loss per share (down from UK£0.16 profit in FY 2024). Revenue: UK£1.29b (down 1.9% from FY 2024). Net loss: UK£22.6m (down 241% from profit in FY 2024). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 18Midwich Group plc Recommends Final Dividend for the Year Ended December 31, 2025, Payable on 3 July 2026The board of Midwich Group plc recommended a final dividend of 3.5 pence per share for the Year Ended December 31, 2025, which, if approved by shareholders at the AGM, will be paid on 3 July 2026 to shareholders on the register on 22 May 2026. The last day to elect for dividend reinvestment ("DRIP") is 12 June 2026.
New Risk • Mar 17New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings are forecast to decline by an average of 1.6% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (137% payout ratio). Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Dividend is not well covered by earnings (137% payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin).
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to UK£1.85, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£3.39 per share.
分析記事 • Feb 06Risks To Shareholder Returns Are Elevated At These Prices For Midwich Group plc (LON:MIDW)When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 16x, you may...
お知らせ • Feb 04+ 1 more updateMidwich Group plc Announces Appointment of Adam Councell as Member of Board Effective March 2, 2026Midwich Group plcC announced that Adam Councell will join the Company as a member of the Board with effect from March 2, 2026. Adam was previously Chief Financial Officer at Marlowe Plc, a position he held from 2021 through to its takeover by Mitie Group plc in August 2025. Prior to Marlowe, he was Group Finance Director at Fuller, Smith & Turner PLC from 2019 to 2021, and Restore PLC from 2012 to 2019, where he played a leading role in the development of the group into a leading office services provider. Prior to this, Adam spent nine years in senior finance roles at Rentokil Initial plc. Stephen Lamb will step down from his role as a member of the Board on February 28, 2026 following an orderly handover to Adam.
お知らせ • Jan 20+ 1 more updateMidwich Group plc to Report Fiscal Year 2025 Results on Mar 17, 2026Midwich Group plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Mar 17, 2026
分析記事 • Dec 03Midwich Group (LON:MIDW) Might Be Having Difficulty Using Its Capital EffectivelyIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Recent Insider Transactions Derivative • Oct 08Group Finance Director exercised options and sold UK£86k worth of stockOn the 6th of October, Stephen Lamb exercised 91.05k options at around UK£0.01, then sold 46k of the shares acquired at an average of UK£1.89 per share and kept the remainder. Since December 2024, Stephen's direct individual holding has increased from 159.61k shares to 204.57k. Company insiders have collectively bought UK£324k more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Sep 12Midwich Group plc (LON:MIDW) Shares Could Be 43% Below Their Intrinsic Value EstimateKey Insights Using the 2 Stage Free Cash Flow to Equity, Midwich Group fair value estimate is UK£3.20 Midwich Group's...
Reported Earnings • Sep 11First half 2025 earnings released: UK£0.024 loss per share (vs UK£0.065 profit in 1H 2024)First half 2025 results: UK£0.024 loss per share (down from UK£0.065 profit in 1H 2024). Revenue: UK£620.3m (down 4.3% from 1H 2024). Net loss: UK£2.49m (down 138% from profit in 1H 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
New Risk • Sep 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 19% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 19% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.2% net profit margin).
Valuation Update With 7 Day Price Move • Jul 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to UK£2.40, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total loss to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£4.20 per share.
Major Estimate Revision • Jul 22Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from UK£0.181 to UK£0.151 per share. Revenue forecast steady at UK£1.31b. Net income forecast to shrink 3.9% next year vs 36% growth forecast for Electronic industry in the United Kingdom . Consensus price target of UK£3.29 unchanged from last update. Share price rose 5.4% to UK£2.16 over the past week.
お知らせ • Jul 21+ 1 more updateMidwich Group plc to Report First Half, 2025 Results on Sep 09, 2025Midwich Group plc announced that they will report first half, 2025 results on Sep 09, 2025
Upcoming Dividend • May 15Upcoming dividend of UK£0.075 per shareEligible shareholders must have bought the stock before 22 May 2025. Payment date: 04 July 2025. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 6.2%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).
Major Estimate Revision • May 14Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£1.35b to UK£1.31b. EPS estimate also fell from UK£0.208 per share to UK£0.181 per share. Net income forecast to grow 32% next year vs 24% growth forecast for Electronic industry in the United Kingdom. Consensus price target down from UK£4.62 to UK£3.29. Share price rose 3.4% to UK£2.12 over the past week.
Price Target Changed • May 13Price target decreased by 19% to UK£3.29Down from UK£4.08, the current price target is an average from 2 analysts. New target price is 54% above last closing price of UK£2.14. Stock is down 46% over the past year. The company is forecast to post earnings per share of UK£0.18 for next year compared to UK£0.16 last year.
分析記事 • May 06Shareholders May Be A Bit More Conservative With Midwich Group plc's (LON:MIDW) CEO Compensation For NowKey Insights Midwich Group will host its Annual General Meeting on 13th of May Total pay for CEO Stephen Fenby includes...
分析記事 • Apr 09Lacklustre Performance Is Driving Midwich Group plc's (LON:MIDW) Low P/EMidwich Group plc's ( LON:MIDW ) price-to-earnings (or "P/E") ratio of 12x might make it look like a buy right now...
お知らせ • Apr 08Midwich Group plc, Annual General Meeting, May 13, 2025Midwich Group plc, Annual General Meeting, May 13, 2025. Location: the offices of the company, vinces road, norfolk, ip22 4yt, diss United Kingdom
分析記事 • Mar 21Midwich Group (LON:MIDW) Will Pay A Dividend Of £0.075Midwich Group plc ( LON:MIDW ) has announced that it will pay a dividend of £0.075 per share on the 4th of July. The...
Declared Dividend • Mar 20Final dividend reduced to UK£0.075Dividend of UK£0.075 is 32% lower than last year. Ex-date: 22nd May 2025 Payment date: 4th July 2025 Dividend yield will be 5.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has increased by an average of 17% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 9.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 20Midwich Group plc Recommends Final Dividend for the Year Ended December 31, 2024, Payable on 4 July 2025The board of Midwich Group plc recommended a final dividend of 7.5 pence per share for the year ended December 31, 2024 which, together with the interim dividend of 5.5 pence per share, gives a total dividend for 2024 of 13.0 pence per share (2023: 16.5 pence per share). If approved by shareholders at the AGM, the final dividend will be paid on 4 July 2025 to shareholders on the register on 23 May 2025. The last day to elect for dividend reinvestment ("DRIP") is 13 June 2025.
Reported Earnings • Mar 18Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: UK£0.16 (down from UK£0.28 in FY 2023). Revenue: UK£1.32b (up 2.2% from FY 2023). Net income: UK£16.0m (down 40% from FY 2023). Profit margin: 1.2% (down from 2.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
新しいナラティブ • Feb 23Live Events Sector Growth Will Shape Future Prospects Amid Margin Pressures Expansion into key markets and a focus on high-margin technical products are set to drive significant revenue and profitability growth.
Buy Or Sell Opportunity • Feb 17Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to UK£2.61. The fair value is estimated to be UK£3.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to decline by 0.2% in a year. Earnings are forecast to decline by 10.0% in the next year.
Buy Or Sell Opportunity • Jan 20Now 21% undervaluedOver the last 90 days, the stock has risen 6.8% to UK£2.81. The fair value is estimated to be UK£3.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 35%. Revenue is forecast to decline by 0.2% in a year. Earnings are forecast to decline by 10.0% in the next year.
お知らせ • Jan 20Midwich Group plc to Report Fiscal Year 2024 Results on Mar 18, 2025Midwich Group plc announced that they will report fiscal year 2024 results on Mar 18, 2025
New Risk • Nov 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change).
Price Target Changed • Oct 27Price target decreased by 20% to UK£4.81Down from UK£6.04, the current price target is an average from 3 analysts. New target price is 80% above last closing price of UK£2.68. Stock is down 29% over the past year. The company is forecast to post earnings per share of UK£0.19 for next year compared to UK£0.28 last year.
New Risk • Oct 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risks High level of debt (69% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Recent Insider Transactions • Oct 23Group MD & Director recently bought UK£410k worth of stockOn the 21st of October, Stephen Fenby bought around 150k shares on-market at roughly UK£2.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of UK£598k worth in shares.
お知らせ • Oct 22Midwich Group plc Revises Financial Guidance for the Year Ending 31 December 2024Midwich Group plc revised financial guidance for the year ending 31 December 2024. The company now expect current market conditions to persist for at least the rest of the year. Given the challenging AV market backdrop, the Board now expects full year Group revenue to be marginally ahead of the prior year. The previously announced overhead reduction programme is also well progressed. However, whilst these overhead reductions will support increased operating profit margins in the second half of the year onwards.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to UK£2.65, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Electronic industry in the United Kingdom. Total loss to shareholders of 58% over the past three years.
Price Target Changed • Oct 07Price target increased by 8.0% to UK£6.04Up from UK£5.60, the current price target is an average from 3 analysts. New target price is 91% above last closing price of UK£3.16. Stock is down 21% over the past year. The company is forecast to post earnings per share of UK£0.24 for next year compared to UK£0.28 last year.
Reported Earnings • Sep 09First half 2024 earnings released: EPS: UK£0.065 (vs UK£0.12 in 1H 2023)First half 2024 results: EPS: UK£0.065 (down from UK£0.12 in 1H 2023). Revenue: UK£646.1m (up 5.8% from 1H 2023). Net income: UK£6.62m (down 40% from 1H 2023). Profit margin: 1.0% (down from 1.8% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Declared Dividend • Sep 05First half dividend of UK£0.055 announcedDividend of UK£0.055 is the same as last year. Ex-date: 12th September 2024 Payment date: 18th October 2024 Dividend yield will be 5.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 03Midwich Group plc Declares Interim Dividend, Payable on 18 October 2024Midwich Group plc to declare an interim dividend of 5.5 pence per share (H1 2023: 5.5 pence). This will be paid on 18 October 2024 to those shareholders on the Company's register as at 13 September 2024. The last day to elect for dividend reinvestment is 27 September 2024.
お知らせ • Jul 18Midwich Group plc to Report First Half, 2024 Results on Sep 03, 2024Midwich Group plc announced that they will report first half, 2024 results on Sep 03, 2024
Major Estimate Revision • May 15Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from UK£1.41b to UK£1.38b. EPS estimate also fell from UK£0.283 per share to UK£0.249 per share. Net income forecast to shrink 7.3% next year vs 13% growth forecast for Electronic industry in the United Kingdom . Consensus price target down from UK£6.26 to UK£5.78. Share price fell 8.2% to UK£3.93 over the past week.
New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding).
お知らせ • May 15Midwich Group plc Approves to Declare A Final Dividend for the Financial Year Ended 31 December 2023Midwich Group plc at the AGM held on May 14, 2024, approved to declare a final dividend for the financial year ended 31 December 2023 of 11.0 pence per ordinary share.
Price Target Changed • May 14Price target decreased by 7.1% to UK£6.28Down from UK£6.76, the current price target is an average from 4 analysts. New target price is 60% above last closing price of UK£3.93. Stock is down 20% over the past year. The company is forecast to post earnings per share of UK£0.25 for next year compared to UK£0.28 last year.
Upcoming Dividend • May 02Upcoming dividend of UK£0.11 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 14 June 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).
分析記事 • Apr 26Midwich Group (LON:MIDW) Will Pay A Larger Dividend Than Last Year At £0.11Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...
分析記事 • Apr 12Midwich Group's (LON:MIDW) Upcoming Dividend Will Be Larger Than Last Year'sMidwich Group plc's ( LON:MIDW ) dividend will be increasing from last year's payment of the same period to £0.11 on...
お知らせ • Apr 12Midwich Group plc, Annual General Meeting, May 14, 2024Midwich Group plc, Annual General Meeting, May 14, 2024, at 09:00 Coordinated Universal Time. Location: Midwich Group plc, Vinces Road, Diss Norfolk United Kingdom
お知らせ • Mar 23Midwich Group plc Recommends Final Dividend, Payable on June 14, 2024Midwich Group plc recommending a final dividend of 11.0 pence per share which, together with the interim dividend of 5.5 pence per share, gives a total dividend for 2023 of 16.5 pence per share (2022: 15.0 pence). If approved by shareholders at the AGM, the final dividend will be paid on 14 June 2024 to shareholders on the register on 10 May 2024.
分析記事 • Mar 22Midwich Group (LON:MIDW) Has Announced That It Will Be Increasing Its Dividend To £0.11Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Mar 21Final dividend increased to UK£0.11Dividend of UK£0.11 is 4.8% higher than last year. Ex-date: 9th May 2024 Payment date: 14th June 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 20Midwich Group plc Appoints Alison Seekings as an Independent Non-Executive DirectorMidwich Group plc announced it has appointed Alison Seekings as an independent Non-Executive Director with effect from 19 March 2024. Upon her appointment, Alison will be a member of the Group's Board, Audit, Nominations, Remuneration and Sustainability Committees. With over 35 years of experience, Alison has held senior audit positions at Deloitte and Grant Thornton, where she was recently Audit Partner. Alison has a wealth of experience working with AIM quoted companies, particularly in the technology sector, and will further strengthen the Board's skillset due to her extensive technical accounting, financial governance, and board-level advisory experience.
Reported Earnings • Mar 20Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: UK£0.28 (up from UK£0.17 in FY 2022). Revenue: UK£1.29b (up 7.1% from FY 2022). Net income: UK£26.8m (up 75% from FY 2022). Profit margin: 2.1% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.9%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jan 17Midwich Group plc to Report Fiscal Year 2023 Results on Mar 19, 2024Midwich Group plc announced that they will report fiscal year 2023 results on Mar 19, 2024
Recent Insider Transactions • Oct 31Group MD & Director recently bought UK£188k worth of stockOn the 27th of October, Stephen Fenby bought around 50k shares on-market at roughly UK£3.76 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Stephen has been a buyer over the last 12 months, purchasing a net total of UK£387k worth in shares.
Recent Insider Transactions • Oct 13Group MD & Director recently bought UK£100k worth of stockOn the 10th of October, Stephen Fenby bought around 25k shares on-market at roughly UK£4.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Stephen's only on-market trade for the last 12 months.
Upcoming Dividend • Sep 14Upcoming dividend of UK£0.055 per share at 3.6% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 27 October 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of British dividend payers (6.3%). Higher than average of industry peers (1.6%).
分析記事 • Sep 08Midwich Group's (LON:MIDW) Dividend Will Be Increased To £0.055The board of Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend by 22% on the 27th of...
Reported Earnings • Sep 06First half 2023 earnings released: EPS: UK£0.12 (vs UK£0.079 in 1H 2022)First half 2023 results: EPS: UK£0.12 (up from UK£0.079 in 1H 2022). Revenue: UK£610.4m (up 7.4% from 1H 2022). Net income: UK£11.0m (up 57% from 1H 2022). Profit margin: 1.8% (up from 1.2% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 05Midwich Group plc Declares an Interim Dividend, Will Be Paid on 27Th October 2023Midwich Group plc declare an interim dividend of 5.5 pence per share (H1 2022: 4.5 pence), an increase of 22%. This will be paid on 27th October 2023 to those shareholders on the Company's register as at 22nd September 2023. The last day to elect for dividend reinvestment ("DRIP") is 6thOctober 2023.
お知らせ • Aug 11Midwich Group plc (AIM:MIDW) acquired Pulse Cinemas Limited.Midwich Group plc (AIM:MIDW) acquired Pulse Cinemas Limited on August 9, 2023. The existing leadership team of managing director Mike Beatty and chief operating officer Kapes Patel will continue to manage the team post-acquisition. Midwich Group plc (AIM:MIDW) completed the acquisition of Pulse Cinemas Limited on August 9, 2023.
お知らせ • Aug 05Midwich Group plc to Report First Half, 2023 Results on Sep 05, 2023Midwich Group plc announced that they will report first half, 2023 results on Sep 05, 2023
お知らせ • Jul 18Midwich Group plc Provides Earnings Guidance for the Full Year of 2023Midwich Group plc provided earnings guidance for the full year of 2023. With order books remaining healthy, unless general economic conditions deteriorate significantly, the Board expects the momentum seen in first half 2023 to continue throughout the remainder of the year. As a result, the Board continues to expect trading performance for the full year to be in line with its previous expectations before the positive contribution from the three acquisitions completed in July.
New Risk • Jun 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (68% net debt to equity). Dividend is not well covered by cash flows (100% cash payout ratio). Shareholders have been diluted in the past year (14% increase in shares outstanding).
お知らせ • Jun 09Midwich Group plc has completed a Follow-on Equity Offering in the amount of £51.250487 million.Midwich Group plc has completed a Follow-on Equity Offering in the amount of £51.250487 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,764,705 Price\Range: £4.25 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 294,233 Price\Range: £4.25 Transaction Features: Subsequent Direct Listing
お知らせ • Jun 08Midwich Group plc (AIM:MIDW) acquired SF Marketing Inc. for CAD 44.3 million.Midwich Group plc (AIM:MIDW) acquired SF Marketing Inc. for CAD 44.3 million on June 7, 2023. As for consideration, Midwich acquired entire issued share capital of SFM for a maximum consideration of up to CAD 44.3 million on a cash free, debt free basis, comprising an initial consideration of CAD39.3 million paid on completion, a CAD 2 million deferred consideration paid on the first twelve month anniversary and a further supplementary payment of up to CAD 3 million, paid on the first twelve month anniversary, subject to growth in operating profit as described below. The Consideration is payable in cash with the initial consideration financed from the Midwich Group plc existing bank facilities. The Acquisition is not conditional on the Placing. SFM's management team will remain with the business as part of the enlarged group following completion.Midwich Group plc (AIM:MIDW) completed the acquisition of SF Marketing Inc. on June 7, 2023.
お知らせ • May 10Midwich Group plc Declares Final Dividend for the Financial Year Ended 31 December 2022Midwich Group plc at the Annual General Meeting held on May 9, 2022, approved to declare a final dividend for the financial year ended 31 December 2022 of 10.5 pence per ordinary share.
Upcoming Dividend • Apr 27Upcoming dividend of UK£0.10 per share at 3.2% yieldEligible shareholders must have bought the stock before 04 May 2023. Payment date: 16 June 2023. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).
分析記事 • Mar 17Midwich Group (LON:MIDW) Is Paying Out A Larger Dividend Than Last YearMidwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...
Reported Earnings • Mar 15Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: UK£0.17 (up from UK£0.14 in FY 2021). Revenue: UK£1.20b (up 41% from FY 2021). Net income: UK£15.3m (up 23% from FY 2021). Profit margin: 1.3% (down from 1.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 14Is Midwich Group plc (LON:MIDW) Trading At A 47% Discount?Key Insights Midwich Group's estimated fair value is UK£8.31 based on 2 Stage Free Cash Flow to Equity Midwich Group's...
お知らせ • Jan 18Midwich Group plc Provides Trading Guidance for the Year Ended 31 December 2022Midwich Group plc provides trading guidance for the year ended 31 December 2022. The Board now expects to report record revenue for 2022 of £1.2 billion, representing growth of approximately 40% over the prior year (39% at constant currency), with organic growth of over 20%.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Group Finance Director & Director Stephen Lamb was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Sep 30These 4 Measures Indicate That Midwich Group (LON:MIDW) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Sep 16Midwich Group plc to Report Fiscal Year 2022 Final Results on Mar 14, 2023Midwich Group plc announced that they will report fiscal year 2022 final results on Mar 14, 2023
分析記事 • Sep 09Midwich Group's (LON:MIDW) Dividend Will Be Increased To £0.045Midwich Group plc ( LON:MIDW ) has announced that it will be increasing its dividend from last year's comparable...
Reported Earnings • Sep 07First half 2022 earnings released: EPS: UK£0.079 (vs UK£0.048 in 1H 2021)First half 2022 results: EPS: UK£0.079 (up from UK£0.048 in 1H 2021). Revenue: UK£568.6m (up 46% from 1H 2021). Net income: UK£7.00m (up 66% from 1H 2021). Profit margin: 1.2% (up from 1.1% in 1H 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Sep 07Midwich Group plc Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 26 October 2022The Board of Midwich Group plc declared an interim dividend of 4.5 pence per share (H1 2021: 3.3 pence), an increase of 36% for the six months ended 30 June 2022. This will be paid on 26 October 2022 to those shareholders on the Company's register as at 16 September 2022. The last day to elect for dividend reinvestment ("DRIP") is 3 October 2022. The Board believes in a progressive dividend policy to reflect the Group's strong earnings and cash flow while maintaining an appropriate level of dividend cover to allow for investment in longer-term growth. The Board anticipates that future dividends will continue to be covered in the range of 2-2.5 times by adjusted earnings per share.
お知らせ • Jul 19Midwich Group plc Provides Guidance for the Full Year of 2022Midwich Group plc provided guidance for the full year of 2022. With order books remaining very strong, unless general economic conditions deteriorate significantly, the Board expects the momentum seen in first half 2022 to continue throughout the remainder of the year. As a result, the Board now expects trading performance for the full year will be slightly ahead of its previous expectations.
お知らせ • Jul 06Midwich Group plc to Report First Half, 2022 Results on Sep 06, 2022Midwich Group plc announced that they will report first half, 2022 results on Sep 06, 2022
分析記事 • Jun 18Midwich Group plc's (LON:MIDW) Intrinsic Value Is Potentially 69% Above Its Share PriceHow far off is Midwich Group plc ( LON:MIDW ) from its intrinsic value? Using the most recent financial data, we'll...
お知らせ • May 12Midwich Group plc Declares Final Dividend for the Financial Year Ended 31 December 2021Midwich Group plc declared final dividend for the financial year ended 31 December 2021 of 7.8 pence per ordinary share.
Upcoming Dividend • Apr 28Upcoming dividend of UK£0.078 per shareEligible shareholders must have bought the stock before 05 May 2022. Payment date: 17 June 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.4%).
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Group Finance Director, Company Secretary & Director Stephen Lamb was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 07Midwich Group plc, Annual General Meeting, May 09, 2022Midwich Group plc, Annual General Meeting, May 09, 2022, at 09:00 Coordinated Universal Time. Location: at the office of Midwich Group plc, Vinces Road, Diss Norfolk United Kingdom
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to UK£5.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 5.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£9.27 per share.
