Luceco plc

LSE:LUCE Stock Report

Market Cap: UK£432.5m

Luceco Future Growth

Future criteria checks 3/6

Luceco is forecast to grow earnings and revenue by 10.4% and 6.6% per annum respectively. EPS is expected to grow by 10% per annum. Return on equity is forecast to be 26.4% in 3 years.

Key information

10.4%

Earnings growth rate

10.00%

EPS growth rate

Electrical earnings growth43.2%
Revenue growth rate6.6%
Future return on equity26.42%
Analyst coverage

Low

Last updated10 Jun 2026

Recent future growth updates

Recent updates

Narrative Update • Jun 05

LUCE: Steady Fair Value And 2026 Dividend Policy Will Shape Returns

Analysts have lifted their price target on Luceco to £2.66 from £2.16. This reflects updated assumptions for revenue growth, profit margins, a higher future P/E multiple, and a slightly lower discount rate.
Narrative Update • May 15

LUCE: Stable Fair Value And 2026 Dividend Plans Will Support Returns

Analysts have maintained their fair value estimate for Luceco at £2.16 per share, with a slightly higher discount rate and modestly adjusted long run P/E assumptions guiding the updated price target rationale. What's in the News Luceco plc's board has proposed a final dividend of 4.2 pence per share for the year ended 31 December 2025, subject to shareholder approval at the Annual General Meeting on 19 May 2026 (Key Developments).
Narrative Update • Apr 25

LUCE: Energy Transition Outlook And 2026 Dividend Plans Will Support Steady Returns

Analysts have kept their fair value view on Luceco broadly unchanged, with only minor tweaks to inputs such as the discount rate and future P/E. This has led to a small adjustment in the implied price target, which they attribute to fine tuning of their valuation assumptions rather than a shift in the core outlook.
Narrative Update • Apr 10

LUCE: Energy Transition Exposure And Dividend Outlook Will Support Steady Future Returns

Analysts have trimmed their price target on Luceco to £2.16, reflecting slightly updated assumptions around the discount rate, revenue growth, profit margins and the future P/E ratio. Their overall view of the company’s fair value remains broadly unchanged.
Analysis Article • Apr 01

Luceco's (LON:LUCE) Strong Earnings Are Of Good Quality

Luceco plc's ( LON:LUCE ) strong earnings report was rewarded with a positive stock price move. Our analysis found some...
Narrative Update • Mar 27

LUCE: Energy Transition Exposure And Dividend Policy Will Support Upside Potential

The analyst price target for Luceco has shifted from £1.89 to £2.16. Analysts attribute this change to updated assumptions on fair value, discount rates, revenue growth, profit margins and future P/E.
Analysis Article • Feb 05

Even With A 29% Surge, Cautious Investors Are Not Rewarding Luceco plc's (LON:LUCE) Performance Completely

Luceco plc ( LON:LUCE ) shareholders have had their patience rewarded with a 29% share price jump in the last month...
Analysis Article • Aug 02

There Are Reasons To Feel Uneasy About Luceco's (LON:LUCE) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article • May 15

Luceco plc's (LON:LUCE) P/E Is Still On The Mark Following 26% Share Price Bounce

Luceco plc ( LON:LUCE ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...
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New Narrative • Feb 09

New EV Products And Acquisitions Will Unveil Opportunities In Energy Management

New product launches in EV solutions are expected to drive revenue growth by expanding into residential and commercial markets.
Analysis Article • Feb 07

Luceco plc's (LON:LUCE) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Luceco plc ( LON:LUCE ) shareholders have had their patience rewarded with a 26% share price jump in the last month...
Analysis Article • Jan 27

Should You Investigate Luceco plc (LON:LUCE) At UK£1.56?

Luceco plc ( LON:LUCE ), is not the largest company out there, but it saw a significant share price rise of 47% in the...
Analysis Article • Jul 20

Here's What's Concerning About Luceco's (LON:LUCE) Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article • Mar 16

A Look At The Intrinsic Value Of Luceco plc (LON:LUCE)

Key Insights Luceco's estimated fair value is UK£1.17 based on 2 Stage Free Cash Flow to Equity With UK£1.24 share...
Analysis Article • Jan 20

Be Wary Of Luceco (LON:LUCE) And Its Returns On Capital

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 27

Are Investors Undervaluing Luceco plc (LON:LUCE) By 23%?

How far off is Luceco plc ( LON:LUCE ) from its intrinsic value? Using the most recent financial data, we'll take a...
Analysis Article • Sep 11

Is Luceco (LON:LUCE) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 26

Luceco (LON:LUCE) Knows How To Allocate Capital

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 • Jul 21

Why Luceco plc (LON:LUCE) Could Be Worth Watching

Luceco plc ( LON:LUCE ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...
Analysis Article • May 26

Luceco (LON:LUCE) Looks To Prolong Its Impressive Returns

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...

Earnings and Revenue Growth Forecasts

LSE:LUCE - Analysts future estimates and past financials data (GBP Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20283342824394
12/31/20273232723395
12/31/20263092514305
12/31/2025271203645N/A
9/30/2025265172837N/A
6/30/2025259142130N/A
3/31/2025251141422N/A
12/31/202424315715N/A
9/30/2024230161725N/A
6/30/2024218182736N/A
3/31/2024213182432N/A
12/31/2023209172129N/A
9/30/2023205142431N/A
6/30/2023201122834N/A
3/31/2023204123036N/A
12/31/2022206113339N/A
9/30/2022216142228N/A
6/30/2022226181218N/A
3/31/2022227231622N/A
12/31/2021228272026N/A
9/30/2021221311825N/A
6/30/2021213351723N/A
3/31/2021195311823N/A
12/31/2020176281923N/A
9/30/2020169221923N/A
6/30/2020161161923N/A
3/31/2020167141721N/A
12/31/2019172131519N/A
9/30/201917212N/A18N/A
6/30/201917210N/A17N/A
3/31/20191686N/A15N/A
12/31/20181642N/A12N/A
9/30/20181660N/A10N/A
6/30/2018167-1N/A7N/A
3/31/20181685N/A12N/A
12/31/201716810N/A17N/A
9/30/201715810N/A12N/A
6/30/20171499N/A7N/A
3/31/20171418N/A5N/A
12/31/20161347N/A3N/A
9/30/20161247N/A8N/A
6/30/20161158N/A13N/A
3/31/20161097N/A10N/A
12/31/20151036N/A7N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LUCE's forecast earnings growth (10.4% per year) is above the savings rate (3.4%).

Earnings vs Market: LUCE's earnings (10.4% per year) are forecast to grow slower than the UK market (11.5% per year).

High Growth Earnings: LUCE's earnings are forecast to grow, but not significantly.

Revenue vs Market: LUCE's revenue (6.6% per year) is forecast to grow faster than the UK market (4.5% per year).

High Growth Revenue: LUCE's revenue (6.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LUCE's Return on Equity is forecast to be high in 3 years time (26.4%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 17:17
End of Day Share Price 2026/06/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Luceco plc is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward Hugh PrestBerenberg
Kevin FogartyDeutsche Bank
Andrew DouglasJefferies LLC