Chemring Group (CHG) Stock Overview
Provides countermeasures, sensors, information, and energy products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
No risks detected for CHG from our risk checks.
CHG Community Fair Values
Create NarrativeSee what 79 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Chemring Group PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£4.64 |
| 52 Week High | UK£6.14 |
| 52 Week Low | UK£4.04 |
| Beta | 0.82 |
| 1 Month Change | -14.95% |
| 3 Month Change | -8.94% |
| 1 Year Change | 13.82% |
| 3 Year Change | 64.97% |
| 5 Year Change | 55.84% |
| Change since IPO | 1,208.17% |
Recent News & Updates
Narrative Update • May 02
CHG: Higher Revenue And Margin Assumptions Will Support Future Upside Potential
Analysts have adjusted their price target on Chemring Group to £5.90, reflecting updated assumptions around revenue growth, profit margins, and a modestly higher discount rate, while keeping the overall fair value figure unchanged. Valuation Changes Fair Value: £5.90, unchanged compared with the prior estimate.Analysis Article • Apr 26
Is It Time To Consider Buying Chemring Group PLC (LON:CHG)?
Chemring Group PLC ( LON:CHG ), is not the largest company out there, but it saw significant share price movement...
Narrative Update • Apr 17
CHG: Lower Discount Rate And Higher P/E Will Support Future Upside Potential
Analysts have lifted their Chemring Group price target slightly to £6.33 from £6.17, reflecting updated fair value work that uses a modestly lower discount rate and a slightly higher assumed future P/E multiple, while keeping revenue growth and profit margin expectations unchanged. Valuation Changes Fair Value: Raised slightly from £6.17 to £6.33 per share, reflecting updated inputs to the model.Narrative Update • Apr 03
CHG: Measured Outlook On Earnings Quality And Multiples Will Shape Future Upside
Analysts have trimmed their fair value estimate for Chemring Group, with the headline price target moving from £6.30 to £5.90. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations.Narrative Update • Mar 20
CHG: Revised Discount Assumptions Will Support Future Upside Potential
Analysts have trimmed their Chemring Group price target from £6.30 to £5.90, citing updated assumptions on discount rates and future P/E. These changes lead to a slightly lower valuation while keeping the broader investment case intact.Recent updates
Narrative Update • May 02
CHG: Higher Revenue And Margin Assumptions Will Support Future Upside Potential
Analysts have adjusted their price target on Chemring Group to £5.90, reflecting updated assumptions around revenue growth, profit margins, and a modestly higher discount rate, while keeping the overall fair value figure unchanged. Valuation Changes Fair Value: £5.90, unchanged compared with the prior estimate.Analysis Article • Apr 26
Is It Time To Consider Buying Chemring Group PLC (LON:CHG)?
Chemring Group PLC ( LON:CHG ), is not the largest company out there, but it saw significant share price movement...Narrative Update • Apr 17
CHG: Lower Discount Rate And Higher P/E Will Support Future Upside Potential
Analysts have lifted their Chemring Group price target slightly to £6.33 from £6.17, reflecting updated fair value work that uses a modestly lower discount rate and a slightly higher assumed future P/E multiple, while keeping revenue growth and profit margin expectations unchanged. Valuation Changes Fair Value: Raised slightly from £6.17 to £6.33 per share, reflecting updated inputs to the model.Narrative Update • Apr 03
CHG: Measured Outlook On Earnings Quality And Multiples Will Shape Future Upside
Analysts have trimmed their fair value estimate for Chemring Group, with the headline price target moving from £6.30 to £5.90. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations.Narrative Update • Mar 20
CHG: Revised Discount Assumptions Will Support Future Upside Potential
Analysts have trimmed their Chemring Group price target from £6.30 to £5.90, citing updated assumptions on discount rates and future P/E. These changes lead to a slightly lower valuation while keeping the broader investment case intact.Narrative Update • Mar 05
CHG: Refined Assumptions And Dividend Policy Will Support Future Upside
Narrative Update Analysts have trimmed their Chemring Group price target to £5.90 from £6.30, citing refreshed assumptions around fair value, discount rate, revenue growth, profit margins and future P/E expectations. Analyst Commentary Recent price target adjustments suggest analysts are refining their expectations for Chemring Group, rather than making a wholesale change in their view of the company.Narrative Update • Feb 19
CHG: Refined Assumptions And Dividend Outlook Will Support Future Upside
Analysts have trimmed their price target on Chemring Group to £5.90 from £6.30, reflecting updated assumptions on the discount rate and valuation multiples while maintaining a positive view on the shares. Analyst Commentary Recent commentary around Chemring Group highlights a mixed view, with the price target reset to £5.90 from £6.30 reflecting updated assumptions rather than a shift in overall stance on the shares.Narrative Update • Feb 04
CHG: Refined Assumptions And Dividend Progress Will Support Future Upside
Chemring Group's updated analyst narrative reflects a modest fair value change to 6.20, set against a recent trim in the Street price target to £5.90 from £6.30 as analysts factor in refreshed assumptions on discount rate, revenue growth, profit margin, and future P/E expectations. Analyst Commentary Recent Street commentary points to a mixed but broadly constructive view on Chemring Group, with the trimmed target price to £5.90 sitting close to the latest fair value estimate of 6.20.Analysis Article • Jan 31
Getting In Cheap On Chemring Group PLC (LON:CHG) Is Unlikely
When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 16x, you may...Narrative Update • Jan 21
CHG: Trimmed Expectations Will Support Future Upside From Order Execution
Chemring Group's analyst price target has been trimmed to £5.90 from £6.30, as analysts factor in updated fair value assumptions and refreshed expectations around growth, margins and future P/E levels. Analyst Commentary Analysts trimming the price target to £5.90 are adjusting their models to line up with updated assumptions on Chemring Group's fair value, without changing their overall positive stance on the shares.Analysis Article • Jan 14
Chemring Group (LON:CHG) Is Paying Out A Larger Dividend Than Last Year
Chemring Group PLC ( LON:CHG ) will increase its dividend on the 10th of April to £0.053, which is 1.9% higher than...Narrative Update • Jan 07
CHG: Higher Dividends And Earnings Multiple Will Support Stronger Future Upside
Analysts have nudged their price target on Chemring Group higher, pointing to slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E as the basis for the updated valuation, although the core fair value estimate remains at £6.00. What's in the News The Board is recommending a final dividend for the year ended 31 October 2025 of 5.3p per ordinary share, compared with 5.2p for 2024 (Key Developments).Analysis Article • Jan 06
Slowing Rates Of Return At Chemring Group (LON:CHG) Leave Little Room For Excitement
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Narrative Update • Dec 14
CHG: Higher Earnings Multiple And Dividends Will Drive Stronger Future Upside
Chemring Group's analyst price target has been raised from approximately £4.90 to £6.00 per share. Analysts cite stronger expected revenue growth and a higher justified future earnings multiple, which more than offset a modestly higher discount rate and slightly lower projected profit margins.Analysis Article • Dec 12
Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.053
Chemring Group PLC ( LON:CHG ) has announced that it will be increasing its periodic dividend on the 10th of April to...Narrative Update • Nov 30
CHG: Marginal Forecast Improvements Will Support Continued Share Performance Momentum
Analysts have slightly raised their price target for Chemring Group by £0.01, citing minor updates to the company’s financial forecasts based on recent performance metrics. Valuation Changes Fair Value: Remains unchanged at £6.30.Analysis Article • Nov 25
Is It Too Late To Consider Buying Chemring Group PLC (LON:CHG)?
While Chemring Group PLC ( LON:CHG ) might not have the largest market cap around , it received a lot of attention from...Narrative Update • Nov 16
CHG: Rising Profit Margins Are Expected To Drive Future Share Performance
Analysts have raised their fair value estimate for Chemring Group from £6.16 to £6.30. This reflects improved profit margin expectations, despite slightly lower projected revenue growth.Narrative Update • Nov 01
CHG: Continued Stability In Margins And Revenue Will Support Ongoing Success
Chemring Group: Analyst Price Target Holds Steady on Unchanged Fair Value Outlook Analysts have maintained their price target for Chemring Group at £6.16. They note that stable profit margin and revenue growth forecasts, along with only minor shifts in discount rate and forward price-to-earnings ratios, support the unchanged valuation.Analysis Article • Oct 19
Chemring Group (LON:CHG) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Oct 18
Continued Investment In New Products Will Drive Future Success
Narrative Update on Chemring Group Analyst Price Target Analysts have maintained their fair value estimate for Chemring Group at £6.16 per share. They note only marginal adjustments to key model inputs and a steady outlook for long-term growth and profitability.Narrative Update • Oct 04
Continued Investment In New Products Will Drive Future Success
Analysts have raised their price target for Chemring Group from £5.78 to £6.16. This change is attributed to higher projected revenue growth, which is expected to offset a modest dip in profit margin forecasts.Analysis Article • Oct 01
Chemring Group PLC's (LON:CHG) Shares May Have Run Too Fast Too Soon
With a price-to-earnings (or "P/E") ratio of 31.3x Chemring Group PLC ( LON:CHG ) may be sending very bearish signals...Analysis Article • Sep 13
Chemring Group PLC (LON:CHG) Shares Could Be 39% Below Their Intrinsic Value Estimate
Key Insights Chemring Group's estimated fair value is UK£9.25 based on 2 Stage Free Cash Flow to Equity Chemring...Analysis Article • Aug 05
Chemring Group (LON:CHG) Is Looking To Continue Growing Its Returns On Capital
LSE:CHG 1 Year Share Price vs Fair Value Explore Chemring Group's Fair Values from the Community and select yours...Analysis Article • Jul 17
We Think Chemring Group (LON:CHG) Can Stay On Top Of Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Jun 30
Chemring Group (LON:CHG) Is Due To Pay A Dividend Of £0.027
Chemring Group PLC ( LON:CHG ) will pay a dividend of £0.027 on the 5th of September. Despite this raise, the dividend...Analysis Article • Apr 30
Chemring Group PLC's (LON:CHG) Intrinsic Value Is Potentially 73% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, Chemring Group fair value estimate is UK£6.86 Chemring Group's...Analysis Article • Apr 09
Chemring Group (LON:CHG) Might Have The Makings Of A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Mar 21
Is Chemring Group (LON:CHG) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Narrative • Mar 11
Continued Investment In New Products Will Drive Future Success
Expansion of Chemring Nobel and significant grant funding will enhance production capacity and capitalize on increased defense spending, boosting future revenue and margins.Analysis Article • Mar 04
After Leaping 26% Chemring Group PLC (LON:CHG) Shares Are Not Flying Under The Radar
Chemring Group PLC ( LON:CHG ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...Analysis Article • Feb 26
Chemring Group (LON:CHG) Is Paying Out A Larger Dividend Than Last Year
Chemring Group PLC ( LON:CHG ) will increase its dividend from last year's comparable payment on the 11th of April to...Analysis Article • Jan 29
Chemring Group (LON:CHG) Is Paying Out A Larger Dividend Than Last Year
Chemring Group PLC ( LON:CHG ) will increase its dividend from last year's comparable payment on the 11th of April to...Analysis Article • Dec 20
Chemring Group's (LON:CHG) Shareholders Will Receive A Bigger Dividend Than Last Year
Chemring Group PLC ( LON:CHG ) has announced that it will be increasing its dividend from last year's comparable...Analysis Article • Jul 22
Chemring Group (LON:CHG) Is Due To Pay A Dividend Of £0.026
Chemring Group PLC's ( LON:CHG ) investors are due to receive a payment of £0.026 per share on 6th of September. Based...Analysis Article • Jul 12
Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jun 21
Chemring Group (LON:CHG) Will Pay A Dividend Of £0.026
Chemring Group PLC's ( LON:CHG ) investors are due to receive a payment of £0.026 per share on 6th of September. This...Analysis Article • Jun 15
There May Be Reason For Hope In Chemring Group's (LON:CHG) Disappointing Earnings
Shareholders appeared unconcerned with Chemring Group PLC's ( LON:CHG ) lackluster earnings report last week. Our...Analysis Article • Jun 07
Chemring Group (LON:CHG) Will Pay A Dividend Of £0.026
Chemring Group PLC ( LON:CHG ) will pay a dividend of £0.026 on the 6th of September. Based on this payment, the...Analysis Article • Apr 17
Chemring Group (LON:CHG) Is Looking To Continue Growing Its Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...Analysis Article • Feb 28
Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's
Chemring Group PLC ( LON:CHG ) will increase its dividend from last year's comparable payment on the 12th of April to...Analysis Article • Jan 18
Chemring Group (LON:CHG) Is Paying Out A Larger Dividend Than Last Year
Chemring Group PLC ( LON:CHG ) has announced that it will be increasing its dividend from last year's comparable...Analysis Article • Jan 04
Chemring Group's (LON:CHG) Upcoming Dividend Will Be Larger Than Last Year's
The board of Chemring Group PLC ( LON:CHG ) has announced that it will be paying its dividend of £0.046 on the 12th of...Analysis Article • Dec 15
Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.046
Chemring Group PLC's ( LON:CHG ) dividend will be increasing from last year's payment of the same period to £0.046 on...Analysis Article • Oct 24
The Return Trends At Chemring Group (LON:CHG) Look Promising
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Oct 05
Are Investors Undervaluing Chemring Group PLC (LON:CHG) By 35%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Chemring Group fair value estimate is UK£3.97 Chemring Group...Analysis Article • Sep 12
Here's Why Chemring Group (LON:CHG) Can Manage Its Debt Responsibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Shareholder Returns
| CHG | GB Aerospace & Defense | GB Market | |
|---|---|---|---|
| 7D | -9.8% | -0.8% | -0.3% |
| 1Y | 13.8% | 35.6% | 19.7% |
Return vs Industry: CHG underperformed the UK Aerospace & Defense industry which returned 35.6% over the past year.
Return vs Market: CHG underperformed the UK Market which returned 19.7% over the past year.
Price Volatility
| CHG volatility | |
|---|---|
| CHG Average Weekly Movement | 5.1% |
| Aerospace & Defense Industry Average Movement | 6.0% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in GB Market | 11.5% |
| 10% least volatile stocks in GB Market | 3.1% |
Stable Share Price: CHG has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: CHG's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1905 | 2,701 | Mick Ord | www.chemring.com |
Chemring Group PLC provides countermeasures, sensors, information, and energy products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detectors, sensors, JSLSCAD, and I-SCAD; R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services. It also provides countermeasures and energetics products, including aerodynamic and countermeasure flare; chaf cart and pack; seduction and distraction cart; initiator, separation and explosive bolts, nuts, thrusters, cutters, and pin pullers and pushers; pressure cartridges, initiators, actuators, retractors and systems, time delay devices, ejection handles and sequencers, gas generators, cutters, canopy remover thruster, and thermal battery; wing, fin, elevon deployment actuators, wing and tail retention systems, separation nuts, pyrovalves, and safe and arm devices; joint combined aircrew system, system communication and oxygen, and altitude combined aircrew system tester; HMX, RDX, NTO, Alkyl-NENA, and acetic acid; and advanced performance bangalore torpedo, SX4, PE8, charge demolition user filled conical and linear, igniter safety fuze electric, detonating cord booster, demolition detonator electric and non-electric, detonating cord, and safety fuze.
Chemring Group PLC Fundamentals Summary
| CHG fundamental statistics | |
|---|---|
| Market cap | UK£1.30b |
| Earnings (TTM) | UK£53.30m |
| Revenue (TTM) | UK£497.50m |
23.7x
P/E Ratio2.5x
P/S RatioIs CHG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CHG income statement (TTM) | |
|---|---|
| Revenue | UK£497.50m |
| Cost of Revenue | UK£164.40m |
| Gross Profit | UK£333.10m |
| Other Expenses | UK£279.80m |
| Earnings | UK£53.30m |
Last Reported Earnings
Oct 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.20 |
| Gross Margin | 66.95% |
| Net Profit Margin | 10.71% |
| Debt/Equity Ratio | 36.4% |
How did CHG perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield41%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/12 18:00 |
| End of Day Share Price | 2026/05/12 00:00 |
| Earnings | 2025/10/31 |
| Annual Earnings | 2025/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Chemring Group PLC is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Paige | Barclays |
| George Mcwhirter | Berenberg |
| Jamie Murray | BofA Global Research |