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DWHT

DewhurstAIM:DWHT Stock Report

Market Cap

UK£78.8m

7D

-11.3%

1Y

64.9%

Updated

20 Oct, 2021

Data

Company Financials
DWHT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

DWHT Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for Dewhurst
Historical stock prices
Current Share PriceUK£15.75
52 Week HighUK£9.56
52 Week LowUK£27.91
Beta0.59
1 Month Change-20.05%
3 Month Change-40.11%
1 Year Change64.92%
3 Year Change61.54%
5 Year Change135.08%
Change since IPO3,251.06%

Recent News & Updates

Jul 29
If You Like EPS Growth Then Check Out Dewhurst (LON:DWHT) Before It's Too Late

If You Like EPS Growth Then Check Out Dewhurst (LON:DWHT) Before It's Too Late

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Mar 21
Dewhurst plc's (LON:DWHT) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Dewhurst plc's (LON:DWHT) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Most readers would already be aware that Dewhurst's (LON:DWHT) stock increased significantly by 46% over the past three...

Feb 21
Dewhurst (LON:DWHT) Has Gifted Shareholders With A Fantastic 257% Total Return On Their Investment

Dewhurst (LON:DWHT) Has Gifted Shareholders With A Fantastic 257% Total Return On Their Investment

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...

Shareholder Returns

DWHTGB ElectricalGB Market
7D-11.3%5.9%1.7%
1Y64.9%51.4%23.4%

Return vs Industry: DWHT exceeded the UK Electrical industry which returned 51.4% over the past year.

Return vs Market: DWHT exceeded the UK Market which returned 23.4% over the past year.

Price Volatility

Is DWHT's price volatile compared to industry and market?
DWHT volatility
DWHT Beta0.59
Industry Beta1.15
Market Beta1

Stable Share Price: DWHT is not significantly more volatile than the rest 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
1919368David Dewhursthttps://www.dewhurst.co.uk

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. The company offers dot matrix displays, LCD displays, encoders and speech products, fixtures, hidden legends, hygiene plus products, rail indicators, rail multi-sounder products, key switches, keypads, lanterns and gongs, push buttons, switching products, and touch panels, as well as accessories, auxiliaries, destination controls, and transport products. It supplies components to the lift, transport, and keypad industries.

Dewhurst Fundamentals Summary

How do Dewhurst's earnings and revenue compare to its market cap?
DWHT fundamental statistics
Market CapUK£78.84m
Earnings (TTM)UK£4.67m
Revenue (TTM)UK£56.33m

27.2x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DWHT income statement (TTM)
RevenueUK£56.33m
Cost of RevenueUK£25.41m
Gross ProfitUK£30.92m
ExpensesUK£26.24m
EarningsUK£4.67m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.58
Gross Margin54.89%
Net Profit Margin8.29%
Debt/Equity Ratio2.1%

How did DWHT perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is Dewhurst undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DWHT (£15.75) is trading below our estimate of fair value (£90.49)

Significantly Below Fair Value: DWHT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DWHT's PE Ratio (27.2x) is in line with the UK Electrical industry average.

PE vs Market: DWHT is poor value based on its PE Ratio (27.2x) compared to the UK market (21.4x).


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 (2.8x) compared to the GB Electrical industry average (4.2x).


Future Growth

How is Dewhurst forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.6%

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.


Past Performance

How has Dewhurst performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DWHT has high quality earnings.

Growing Profit Margin: DWHT's current net profit margins (8.3%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: DWHT's earnings have declined by 1.4% per year over the past 5 years.

Accelerating Growth: DWHT's earnings growth over the past year (71.4%) exceeds its 5-year average (-1.4% per year).

Earnings vs Industry: DWHT earnings growth over the past year (71.4%) underperformed the Electrical industry 71.4%.


Return on Equity

High ROE: DWHT's Return on Equity (10.9%) is considered low.


Financial Health

How is Dewhurst's financial position?


Financial Position Analysis

Short Term Liabilities: DWHT's short term assets (£35.2M) exceed its short term liabilities (£11.7M).

Long Term Liabilities: DWHT's short term assets (£35.2M) exceed its long term liabilities (£10.3M).


Debt to Equity History and Analysis

Debt Level: DWHT's debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if DWHT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: DWHT's debt is well covered by operating cash flow (1048%).

Interest Coverage: DWHT's interest payments on its debt are well covered by EBIT (77.2x coverage).


Balance Sheet


Dividend

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

0.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DWHT's dividend (0.86%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: DWHT's dividend (0.86%) is low compared to the top 25% of dividend payers in the UK market (4.01%).


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 low payout ratio (23.7%), 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.


Next Steps

Management

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

11.3yrs

Average board tenure


CEO

David Dewhurst (60 yo)

no data

Tenure

UK£227,000

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 ($USD313.77K) is about average for companies of similar size in the UK market ($USD330.56K).

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 ( 11.3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Dewhurst plc's employee growth, exchange listings and data sources


Key Information

  • Name: Dewhurst plc
  • Ticker: DWHT
  • Exchange: AIM
  • Founded: 1919
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: UK£78.844m
  • Shares outstanding: 8.08m
  • Website: https://www.dewhurst.co.uk

Number of Employees


Location

  • Dewhurst 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 Analysis2021/10/20 22:00
End of Day Share Price2021/10/20 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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.