discoverIE Group plc

BATS-CHIXE:DSCVL Stock Report

Market Cap: UK£605.4m

discoverIE Group Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: DSCVL (£6.3) is trading above our estimate of fair value (£5.82)

Significantly Below Fair Value: DSCVL is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As DSCVL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DSCVL. This is calculated by dividing DSCVL's market cap by their current earnings.
What is DSCVL's PE Ratio?
PE Ratio39.1x
EarningsUK£15.50m
Market CapUK£605.39m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DSCVL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24x
VLX Volex
15.1x12.9%UK£524.7m
TFW FW Thorpe
14.8xn/aUK£360.2m
LUCE Luceco
11x7.4%UK£200.5m
ROOF Atrato Onsite Energy
55.2xn/aUK£114.0m
DSCVL discoverIE Group
39.1x18.8%UK£605.4m

Price-To-Earnings vs Peers: DSCVL is expensive based on its Price-To-Earnings Ratio (39.1x) compared to the peer average (24x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies10PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DSCVL is expensive based on its Price-To-Earnings Ratio (39.1x) compared to the European Electrical industry average (16.3x).

Price to Earnings Ratio vs Fair Ratio

What is DSCVL'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.

DSCVL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.1x
Fair PE Ratio19.1x

Price-To-Earnings vs Fair Ratio: DSCVL is expensive based on its Price-To-Earnings Ratio (39.1x) compared to the estimated Fair Price-To-Earnings Ratio (19.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DSCVL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£6.30
UK£9.05
+43.7%
14.2%UK£11.10UK£6.70n/a12
Nov ’25UK£6.70
UK£9.05
+35.1%
14.2%UK£11.10UK£6.70n/a12
Oct ’25UK£6.08
UK£9.22
+51.6%
11.3%UK£11.10UK£7.55n/a12
Sep ’25UK£6.67
UK£9.28
+39.3%
11.6%UK£11.10UK£7.55n/a12
Aug ’25UK£6.51
UK£9.28
+42.6%
11.6%UK£11.10UK£7.55n/a12
Jul ’25UK£6.69
UK£9.37
+40.1%
10.5%UK£11.10UK£7.60n/a12
Jun ’25UK£7.31
UK£9.45
+29.2%
10.4%UK£11.10UK£7.60n/a12
May ’25UK£7.10
UK£9.45
+33.1%
10.4%UK£11.10UK£7.60n/a12
Apr ’25UK£7.59
UK£9.43
+24.2%
10.4%UK£11.10UK£7.60n/a12
Mar ’25UK£6.90
UK£9.45
+37.1%
10.5%UK£11.10UK£7.60n/a12
Feb ’25UK£7.86
UK£9.60
+22.3%
9.1%UK£11.10UK£8.10n/a11
Jan ’25UK£7.90
UK£9.44
+19.5%
12.5%UK£11.10UK£6.95n/a11
Dec ’24UK£6.14
UK£9.44
+53.7%
13.2%UK£11.10UK£6.95n/a10
Nov ’24UK£6.33
UK£9.81
+54.9%
10.4%UK£11.10UK£7.50UK£6.7010
Oct ’24UK£6.74
UK£10.03
+48.8%
10.1%UK£11.10UK£7.50UK£6.089
Sep ’24UK£7.34
UK£10.17
+38.6%
7.8%UK£11.38UK£8.50UK£6.679
Aug ’24UK£8.10
UK£10.17
+25.6%
7.8%UK£11.38UK£8.50UK£6.519
Jul ’24UK£8.40
UK£10.17
+21.1%
8.3%UK£11.38UK£8.50UK£6.698
Jun ’24UK£7.89
UK£10.13
+28.4%
11.1%UK£12.20UK£8.50UK£7.318
May ’24UK£8.38
UK£10.13
+20.9%
11.1%UK£12.20UK£8.50UK£7.108
Apr ’24UK£7.70
UK£10.24
+32.9%
10.9%UK£12.20UK£8.50UK£7.598
Mar ’24UK£8.23
UK£10.20
+23.9%
11.6%UK£12.20UK£8.50UK£6.907
Feb ’24UK£8.45
UK£10.20
+20.7%
11.6%UK£12.20UK£8.50UK£7.867
Jan ’24UK£7.29
UK£10.15
+39.3%
12.3%UK£12.20UK£8.20UK£7.907
Dec ’23UK£8.40
UK£10.12
+20.5%
12.0%UK£12.20UK£8.20UK£6.147
Nov ’23UK£7.46
UK£9.76
+30.9%
13.8%UK£12.20UK£8.20UK£6.337

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Senior

UK£577.4m

Designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally.

SNR

UK£1.41

7D

-1.3%

1Y

-18.5%

Aalberts

€3.7b

Offers mission-critical technologies for aerospace, automotive, building, and maritime sectors.

0NX1

€34.40

7D

-0.9%

1Y

-2.2%

Rieter Holding

CHF 384.1m

Supplies systems for manufacturing yarn from staple fibers in spinning mills in Switzerland and internationally.

0QKA

CHF 87.30

7D

-0.9%

1Y

1.2%