Dewhurst plc manufactures and sells electrical components and control equipment for industrial and commercial capital goods in the United Kingdom, Europe, the Americas, Asia, Australia, and internationally. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Dewhurst's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DWHT is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DWHT's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DWHT exceeded the UK Electrical industry which returned 0.8% over the past year.
Return vs Market: DWHT exceeded the UK Market which returned -10% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Dewhurst's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StInvestors Who Bought Dewhurst (LON:DWHT) Shares Five Years Ago Are Now Up 78%
1 month ago | Simply Wall StShould You Buy Dewhurst plc (LON:DWHT) For Its Dividend?
2 months ago | Simply Wall StHow Should Investors Feel About Dewhurst's (LON:DWHT) CEO Remuneration?
Is Dewhurst undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DWHT (£11.3) is trading above our estimate of fair value (£5.56)
Significantly Below Fair Value: DWHT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DWHT is poor value based on its PE Ratio (34.8x) compared to the GB Electrical industry average (29.8x).
PE vs Market: DWHT is poor value based on its PE Ratio (34.8x) compared to the UK market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DWHT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DWHT is good value based on its PB Ratio (2.1x) compared to the GB Electrical industry average (2.7x).
How is Dewhurst forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dewhurst has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Dewhurst's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Dewhurst competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Dewhurst performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DWHT has high quality earnings.
Growing Profit Margin: DWHT's current net profit margins (4.8%) are lower than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: DWHT's earnings have declined by 7% per year over the past 5 years.
Accelerating Growth: DWHT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DWHT had negative earnings growth (-10.3%) over the past year, making it difficult to compare to the Electrical industry average (-13.9%).
Return on Equity
High ROE: DWHT's Return on Equity (7.5%) is considered low.
How is Dewhurst's financial position?
Financial Position Analysis
Short Term Liabilities: DWHT's short term assets (£33.3M) exceed its short term liabilities (£8.8M).
Long Term Liabilities: DWHT's short term assets (£33.3M) exceed its long term liabilities (£12.3M).
Debt to Equity History and Analysis
Debt Level: DWHT is debt free.
Reducing Debt: DWHT has not had any debt for past 5 years.
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.
What is Dewhurst current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DWHT's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.72%).
High Dividend: DWHT's dividend (1.15%) is low compared to the top 25% of dividend payers in the UK market (4.94%).
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40%), DWHT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Dewhurst (59 yo)
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 ($USD539.96K) is above average for companies of similar size in the UK market ($USD345.93K).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Group MD & Executive Director||no data||UK£405.00k||6.06% |
|Financial Director||no data||UK£219.00k||0.012% |
|Executive Director||10.42yrs||UK£189.00k||0.012% |
|Non Executive Director||20.83yrs||UK£20.00k||0.012% |
Experienced Board: DWHT's board of directors are seasoned and experienced ( 20.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dewhurst plc's company bio, employee growth, exchange listings and data sources
- Name: Dewhurst plc
- Ticker: DWHT
- Exchange: AIM
- Founded: 1919
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: UK£64.476m
- Shares outstanding: 8.08m
- Website: https://www.dewhurst.co.uk
Number of Employees
- Dewhurst plc
- Hampton Business Park
- Unit 9
- Greater London
- TW13 6DB
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DWHT||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|DWHA||AIM (London Stock Exchange AIM Market)||A Ordinary Shares||GB||GBP||Jan 1992|
Dewhurst plc manufactures and sells electrical components and control equipment for industrial and commercial capital goods in the United Kingdom, Europe, the Americas, Asia, Australia, and internationally...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 19:14|
|End of Day Share Price||2020/11/25 00:00|
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.