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DWHT

Dewhurst Group AIM:DWHT Stock Report

Last Price

UK£10.75

Market Cap

UK£63.0m

7D

-13.3%

1Y

-46.8%

Updated

26 Jun, 2022

Data

Company Financials +
DWHT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

DWHT Stock Overview

Dewhurst Group Plc manufactures and sells electrical components and control equipment for industrial and commercial capital goods in the United Kingdom, Europe, the Americas, Asia, Australia, the Middle East, and internationally.

Dewhurst Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Dewhurst Group
Historical stock prices
Current Share PriceUK£10.75
52 Week HighUK£27.91
52 Week LowUK£10.51
Beta0.52
1 Month Change-22.66%
3 Month Change-17.31%
1 Year Change-46.78%
3 Year Change-2.27%
5 Year Change48.28%
Change since IPO2,187.23%

Recent News & Updates

Jun 18
Dewhurst Group (LON:DWHT) Is Increasing Its Dividend To UK£0.045

Dewhurst Group (LON:DWHT) Is Increasing Its Dividend To UK£0.045

Dewhurst Group Plc ( LON:DWHT ) has announced that it will be increasing its dividend on the 16th of August to...

Shareholder Returns

DWHTGB ElectricalGB Market
7D-13.3%-3.2%2.3%
1Y-46.8%-48.0%-8.6%

Return vs Industry: DWHT exceeded the UK Electrical industry which returned -48% over the past year.

Return vs Market: DWHT underperformed the UK Market which returned -8.6% over the past year.

Price Volatility

Is DWHT's price volatile compared to industry and market?
DWHT volatility
DWHT Average Weekly Movement3.9%
Electrical Industry Average Movement8.0%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: DWHT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: DWHT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1919340David Dewhursthttps://www.dewhurst.co.uk

Dewhurst Group Plc manufactures and sells electrical components and control equipment for industrial and commercial capital goods in the United Kingdom, Europe, the Americas, Asia, Australia, the Middle East, and internationally. The company’s products portfolio includes accessories, auxiliaries, destination controls, display accessories, dot matrix displays, LCD displays, fixtures, hidden legends, hygiene plus products, key switches, keypads, lanterns and gongs, push buttons, switching ranges, rail indicators and pushbuttons, rail multi-sounder products, and touch panels. It supplies components to the lift, transport, and keypad industries.

Dewhurst Group Fundamentals Summary

How do Dewhurst Group's earnings and revenue compare to its market cap?
DWHT fundamental statistics
Market CapUK£63.01m
Earnings (TTM)UK£7.28m
Revenue (TTM)UK£54.42m

11.9x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DWHT income statement (TTM)
RevenueUK£54.42m
Cost of RevenueUK£23.63m
Gross ProfitUK£30.79m
Other ExpensesUK£23.51m
EarningsUK£7.28m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin56.58%
Net Profit Margin13.39%
Debt/Equity Ratio0%

How did DWHT perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

16%

Payout Ratio

Does DWHT pay a reliable dividends?

See DWHT dividend history and benchmarks
When do you need to buy DWHT by to receive an upcoming dividend?
Dewhurst Group dividend dates
Ex Dividend DateJul 07 2022
Dividend Pay DateAug 16 2022
Days until Ex dividend10 days
Days until Dividend pay date50 days

Does DWHT pay a reliable dividends?

See DWHT dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is DWHT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DWHT?

Other financial metrics that can be useful for relative valuation.

DWHT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA4.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does DWHT's PE Ratio compare to its peers?

DWHT PE Ratio vs Peers
The above table shows the PE ratio for DWHT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average270.6x
DIA Dialight
1049.2x54.5%UK£104.8m
LUCE Luceco
6.2xn/aUK£167.4m
PPS Proton Motor Power Systems
0.2xn/aUK£141.4m
TFW FW Thorpe
27xn/aUK£453.8m
DWHT Dewhurst Group
11.9xn/aUK£63.0m

Price-To-Earnings vs Peers: DWHT is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (270.6x).


Price to Earnings Ratio vs Industry

How does DWHT's PE Ratio compare vs other companies in the European Electrical Industry?

Price-To-Earnings vs Industry: DWHT is good value based on its Price-To-Earnings Ratio (11.9x) compared to the UK Electrical industry average (26x)


Price to Earnings Ratio vs Fair Ratio

What is DWHT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DWHT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DWHT's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of DWHT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DWHT (£10.75) is trading below our estimate of fair value (£11.37)

Significantly Below Fair Value: DWHT is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DWHT's PEG Ratio to determine if it is good value.


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Future Growth

How is Dewhurst Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


4.0%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if DWHT's forecast earnings growth is above the savings rate (0.9%).

Earnings vs Market: Insufficient data to determine if DWHT's earnings are forecast to grow faster than the UK market

High Growth Earnings: Insufficient data to determine if DWHT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DWHT's revenue (4% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: DWHT's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DWHT's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Dewhurst Group performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DWHT has high quality earnings.

Growing Profit Margin: DWHT's current net profit margins (13.4%) are higher than last year (8.3%).


Past Earnings Growth Analysis

Earnings Trend: DWHT's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: DWHT's earnings growth over the past year (55.9%) exceeds its 5-year average (10.8% per year).

Earnings vs Industry: DWHT earnings growth over the past year (55.9%) exceeded the Electrical industry -2.9%.


Return on Equity

High ROE: DWHT's Return on Equity (13%) is considered low.


Discover strong past performing companies

Financial Health

How is Dewhurst Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DWHT's short term assets (£39.0M) exceed its short term liabilities (£8.7M).

Long Term Liabilities: DWHT's short term assets (£39.0M) exceed its long term liabilities (£2.6M).


Debt to Equity History and Analysis

Debt Level: DWHT is debt free.

Reducing Debt: DWHT had no debt 5 years ago.

Debt Coverage: DWHT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DWHT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Dewhurst Group current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.33%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 27 2022Ex Dividend DateJul 07 2022Dividend Pay DateAug 16 202240 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: DWHT's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.88%).

High Dividend: DWHT's dividend (1.33%) is low compared to the top 25% of dividend payers in the UK market (5.18%).


Stability and Growth of Payments

Stable Dividend: DWHT's dividends per share have been stable in the past 10 years.

Growing Dividend: DWHT's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.2%), DWHT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.6%), DWHT's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

12.0yrs

Average board tenure


CEO

David Dewhurst (60 yo)

no data

Tenure

UK£250,000

Compensation

Mr. David Dewhurst, BSc (Elec Eng) serves the Group Managing Director and Executive Director of Dewhurst Plc. Mr. Dewhurst serves as the Managing Director of Dewhurst UK Manufacturing Limited, a subsidiary...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD307.26K) is about average for companies of similar size in the UK market ($USD335.53K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: DWHT's board of directors are seasoned and experienced ( 12 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Dewhurst Group Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Dewhurst Group Plc
  • Ticker: DWHT
  • Exchange: AIM
  • Founded: 1919
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: UK£63.014m
  • Shares outstanding: 8.08m
  • Website: https://www.dewhurst.co.uk

Number of Employees


Location

  • Dewhurst Group Plc
  • Hampton Business Park
  • Unit 9
  • Feltham
  • Greater London
  • TW13 6DB
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.