Dialight
Market Cap
UK£112.3m
Last Updated
2019/10/16 20:35 UTC
Data Sources
Company Financials +
Executive Summary
Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, EMEA, and internationally.
Snowflake
Fundamentals
Reasonable growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Dialight's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
8.8%
DIA
7.4%
GB Electrical
1.9%
GB Market
1 Year Return
-12.0%
DIA
22.0%
GB Electrical
2.4%
GB Market
Return vs Industry: DIA underperformed the UK Electrical industry which returned 22% over the past year.
Return vs Market: DIA underperformed the UK Market which returned 2.4% over the past year.
Shareholder returns
| DIA | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.8% | 7.4% | 1.9% |
| 30 Day | -2.8% | 0.2% | -1.1% |
| 90 Day | 18.2% | 10.7% | -1.8% |
| 1 Year | -12.0%-12.0% | 24.7%22.0% | 7.4%2.4% |
| 3 Year | -51.7%-51.7% | 18.4%12.3% | 18.2%3.7% |
| 5 Year | -59.3%-59.9% | 226.1%-87.3% | 35.7%6.1% |
Price Volatility Vs. Market
How volatile is Dialight's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Dialight plc (LON:DIA) Worth UK£3.4 Based On Its Intrinsic Value?1 month ago | Simply Wall St
Have Insiders Been Buying Dialight plc (LON:DIA) Shares?1 month ago | Simply Wall St
A Closer Look At Dialight plc's (LON:DIA) Uninspiring ROEValuation
Is Dialight undervalued compared to its fair value and its price relative to the market?
66.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: DIA (£3.45) is trading above our estimate of fair value (£2.57)
Significantly Undervalued: DIA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DIA is poor value based on its PE Ratio (66x) compared to the Electrical industry average (18.6x).
PE vs Market: DIA is poor value based on its PE Ratio (66x) compared to the UK market (16.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: DIA is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: DIA is good value based on its PB Ratio (1.4x) compared to the GB Electrical industry average (1.7x).
Next Steps
Future Growth
How is Dialight forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
67.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DIA's forecast earnings growth (67.8% per year) is above the savings rate (1.2%).
Earnings vs Market: DIA's earnings (67.8% per year) are forecast to grow faster than the UK market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DIA's revenue (7.7% per year) is forecast to grow faster than the UK market (3.9% per year).
High Growth Revenue: DIA's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: DIA's Return on Equity is forecast to be low in 3 years time (11.5%).
Next Steps
Past Performance
How has Dialight performed over the past 5 years?
-18.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: DIA's earnings have declined by -18.7% per year over the past 5 years.
Accelerating Growth: DIA's earnings growth over the past year (88.9%) exceeds its 5-year average (-18.7% per year).
Earnings vs Industry: DIA earnings growth over the past year (88.9%) exceeded the Electrical industry 0.2%.
Return on Equity
High ROE: DIA's Return on Equity (2.1%) is considered low.
Return on Assets
ROA vs Industry: DIA's Return on Assets is below or equal to the Electrical industry average last year.
Return on Capital Employed
ROCE Improving: DIA's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Dialight's financial position?
Financial Position Analysis
Short Term Liabilities: DIA's short term assets (£85.1M) exceeds its short term liabilities (£33.2M)
Long Term Liabilities: DIA's short term assets (85.1M) exceeds its long term liabilities (20.5M)
Debt to Equity History and Analysis
Debt Level: DIA's debt to equity ratio (15.8%) is considered satisfactory
Reducing Debt: DIA's debt to equity ratio has increased from 11.5% to 15.8% over the past 5 years.
Debt Coverage: DIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DIA's interest payments on its debt are well covered by EBIT (15.3x coverage).
Balance Sheet
Inventory Level: DIA has a high level of physical assets or inventory.
Debt Coverage by Assets: DIA's debt is covered by short term assets (assets are 6.546150x debt).
Next Steps
Dividend
What is Dialight's current dividend yield, its reliability and sustainability?
1.10%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate DIA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate DIA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if DIA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DIA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DIA is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DIA's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
What is the CEO of Dialight's salary, the management and board of directors tenure and is there insider trading?
1.3yrs
Average management tenure
CEO
Fariyal Khanbabi (51yo)
0.2yrs
Tenure
UK£328,000
Compensation
Ms. Fariyal Khanbabi has been an Interim CEO at Dialight plc since August 09, 2019 and serves as its Chief Financial Officer. Ms. Khanbabi served as the Deputy Chief Executive Officer of Dialight PLC since ...
CEO Compensation Analysis
Compensation vs. Market: Fariyal has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the UK market.
Compensation vs Earnings: Fariyal's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.3yrs
Average Tenure
Experienced Management: DIA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Age and Tenure
3.3yrs
Average Tenure
58yo
Average Age
Experienced Board: DIA's board of directors are considered experienced (3.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior Key Executive |
| Shares | 20,000 |
| Max Price | UK£3.08 |
Ownership Breakdown
Management Team
Marty Rapp (58yo)
- Tenure: 0.2yrs
- Compensation: UK£750.00k
Fariyal Khanbabi (51yo)
Interim CEO
- Tenure: 0.2yrs
- Compensation: UK£328.00k
Michael Schratz
Vice President of Marketing & Product Management
- Tenure: 3.8yrs
Chris Fussell
General Counsel & Company Secretary
- Tenure: 0yrs
Kathy Sohrabi
Director of Technology
- Tenure: 2.4yrs
Board Members
David Blood (60yo)
Chairman
- Tenure: 0.8yrs
- Compensation: UK£42.00k
Steve Bird (58yo)
Senior Indenendent Director
- Tenure: 6.7yrs
- Compensation: UK£49.00k
Fariyal Khanbabi (51yo)
Interim CEO
- Tenure: 0.2yrs
- Compensation: UK£328.00k
Steve Good (58yo)
Non-Executive Director
- Tenure: 1.3yrs
- Compensation: UK£25.00k
David Thomas (64yo)
Non-Executive Director
- Tenure: 3.5yrs
- Compensation: UK£47.00k
Gaelle Hotellier
Non-Executive Director
- Tenure: 3yrs
- Compensation: UK£60.00k
Company Information
Dialight plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dialight plc
- Ticker: DIA
- Exchange: LSE
- Founded: 1938
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: UK£112.260m
- Shares outstanding: 32.54m
- Website: https://www.dialight.com
Number of Employees
Location
- Dialight plc
- Leaf C
- Tower 42
- London
- Greater London
- EC2N 1HQ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DIA | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Dec 1993 |
| DIAL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 1993 |
| DIAL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Dec 1993 |
| 3HQ | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Dec 1993 |
Biography
Dialight plc, together with its subsidiaries, primarily develops, manufactures, and supplies LED lighting solutions for use in hazardous and industrial applications in North America, EMEA, and internationa ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/16 20:35 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.