DSCV Stock Overview
discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide.
discoverIE Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£6.31|
|52 Week High||UK£12.74|
|52 Week Low||UK£5.92|
|1 Month Change||-13.80%|
|3 Month Change||-20.13%|
|1 Year Change||-33.65%|
|3 Year Change||50.24%|
|5 Year Change||108.42%|
|Change since IPO||223.59%|
Recent News & Updates
discoverIE Group (LON:DSCV) Will Pay A Larger Dividend Than Last Year At UK£0.074
discoverIE Group plc ( LON:DSCV ) has announced that it will be increasing its dividend on the 2nd of August to...
discoverIE Group's (LON:DSCV) Returns Have Hit A Wall
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Estimating The Fair Value Of discoverIE Group plc (LON:DSCV)
Today we will run through one way of estimating the intrinsic value of discoverIE Group plc ( LON:DSCV ) by projecting...
|DSCV||GB Electrical||GB Market|
Return vs Industry: DSCV exceeded the UK Electrical industry which returned -47.9% over the past year.
Return vs Market: DSCV underperformed the UK Market which returned -10.4% over the past year.
|DSCV Average Weekly Movement||6.4%|
|Electrical Industry Average Movement||8.1%|
|Market Average Movement||5.5%|
|10% most volatile stocks in GB Market||10.8%|
|10% least volatile stocks in GB Market||2.8%|
Stable Share Price: DSCV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DSCV's weekly volatility (6%) has been stable over the past year.
About the Company
discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two divisions, Design & Manufacturing, and Custom Supply. The company also offers technically demanding, customized electronic, photonic, and medical products to the industrial, medical, and healthcare markets.
discoverIE Group Fundamentals Summary
|DSCV fundamental statistics|
Is DSCV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DSCV income statement (TTM)|
|Cost of Revenue||UK£226.50m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.10|
|Net Profit Margin||2.56%|
How did DSCV perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is DSCV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DSCV?
Other financial metrics that can be useful for relative valuation.
|What is DSCV's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does DSCV's PE Ratio compare to its peers?
|DSCV PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: DSCV is expensive based on its Price-To-Earnings Ratio (62.2x) compared to the peer average (18.4x).
Price to Earnings Ratio vs Industry
How does DSCV's PE Ratio compare vs other companies in the Electrical Industry?
Price-To-Earnings vs Industry: DSCV is expensive based on its Price-To-Earnings Ratio (62.2x) compared to the UK Electrical industry average (24.9x)
Price to Earnings Ratio vs Fair Ratio
What is DSCV'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.
|Current PE Ratio||62.2x|
|Fair PE Ratio||27.4x|
Price-To-Earnings vs Fair Ratio: DSCV is expensive based on its Price-To-Earnings Ratio (62.2x) compared to the estimated Fair Price-To-Earnings Ratio (27.4x).
Share Price vs Fair Value
What is the Fair Price of DSCV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DSCV (£6.31) is trading above our estimate of fair value (£4.97)
Significantly Below Fair Value: DSCV is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: DSCV is poor value based on its PEG Ratio (2.8x)
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How is discoverIE Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DSCV's forecast earnings growth (22.3% per year) is above the savings rate (0.9%).
Earnings vs Market: DSCV's earnings (22.3% per year) are forecast to grow faster than the UK market (10.9% per year).
High Growth Earnings: DSCV's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DSCV's revenue (4% per year) is forecast to grow slower than the UK market (4.1% per year).
High Growth Revenue: DSCV's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DSCV's Return on Equity is forecast to be low in 3 years time (13.1%).
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How has discoverIE Group performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DSCV has a large one-off loss of £6.5M impacting its March 31 2022 financial results.
Growing Profit Margin: DSCV's current net profit margins (2.6%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: DSCV's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: DSCV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DSCV had negative earnings growth (-19.2%) over the past year, making it difficult to compare to the Electrical industry average (-2.9%).
Return on Equity
High ROE: DSCV's Return on Equity (3.3%) is considered low.
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How is discoverIE Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DSCV's short term assets (£196.8M) exceed its short term liabilities (£120.9M).
Long Term Liabilities: DSCV's short term assets (£196.8M) exceed its long term liabilities (£112.0M).
Debt to Equity History and Analysis
Debt Level: DSCV's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: DSCV's debt to equity ratio has reduced from 41.2% to 24% over the past 5 years.
Debt Coverage: DSCV's debt is well covered by operating cash flow (44.4%).
Interest Coverage: DSCV's interest payments on its debt are well covered by EBIT (7.2x coverage).
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What is discoverIE Group current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DSCV's dividend (1.71%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.92%).
High Dividend: DSCV's dividend (1.71%) is low compared to the top 25% of dividend payers in the UK market (5.23%).
Stability and Growth of Payments
Stable Dividend: DSCV's dividend payments have been volatile in the past 10 years.
Growing Dividend: DSCV's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.6%), DSCV's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.8%), DSCV's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nick Jefferies (55 yo)
Mr. Nicholas J. Jefferies, also known as Nick, has been the Group Chief Executive of discoverIE Group plc (formerly known as Acal plc) since January 5, 2009. Mr. Jefferies served as Vice President of Sales...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD2.11M) is above average for companies of similar size in the UK market ($USD1.34M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Experienced Management: DSCV's management team is seasoned and experienced (8.6 years average tenure).
Experienced Board: DSCV's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DSCV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.9%.
discoverIE Group plc's employee growth, exchange listings and data sources
- Name: discoverIE Group plc
- Ticker: DSCV
- Exchange: LSE
- Founded: 1986
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Implied Market Cap: UK£603.356m
- Shares outstanding: 95.62m
- Website: https://www.discoverieplc.com
Number of Employees
- discoverIE Group plc
- 2 Chancellor Court
- Occam Road
- GU2 7AH
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.