Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

366.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 485.00
  • 52 Week Low: 340.00
  • Currency: UK Pounds
  • Shares Issued: 104.25m
  • Volume: 28,053
  • Market Cap: £381.54m

Midwich Group Overview

Midwich Group is a specialist AV distributor to the trade market, with operations in the UK and Ireland, EMEA, Asia Pacific and North America. The Group's long-standing relationships with over 500 vendors, including blue-chip organisations, support a comprehensive product portfolio across major audio visual categories such as displays, projectors, technical AV, broadcast, professional audio, lighting and unified communications. The Group operates as the sole or largest in-country distributor for a number of its vendors in their respective product sets.

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Financials

Latest F'cast
Div Yield 4.5% 0.0%
Div Cover 2.3 2.2
Op Mrgn 3.2% 4.5%
ROCE 19.5%  
Latest F'cast
P/E 9.8 10.3
PEG 2.6 n/a
Pr/Revenue 0.3 0.3
Pr/Book 1.9  
Latest F'cast
Revenue 7.1% 4.2%
PBT 46.7% 64.0%
EPS 3.8% -5.2%
DPS 10.0% 0.0%

Midwich Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-19 686.24 23.78 28.49p 19.3 3.9 +5% 4.85p 0.9%
31-Dec-20 711.75 (0.99) 11.20p 44.6 n/a -61% n/a 0.0%
31-Dec-21 855.97 18.90 25.63p 24.5 0.2 +129% 11.10p 1.8%
31-Dec-22 1,204.05 24.92 36.08p 11.7 0.3 +41% 15.00p 3.6%
31-Dec-23 1,289.14 36.55 37.46p 11.7 2.9 +4% 16.50p 3.8%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Midwich Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-24 1,343.04 59.95 35.50p 10.3 n/a -5% 16.50p 0.0%
31-Dec-25 1,411.53 63.50 38.39p 9.5 1.2 +8% 17.05p 0.0%
31-Dec-26 1,518.06 70.16 40.85p 9.0 1.4 +6% 17.87p 0.0%

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Midwich Group Company Announcements

Result of AGM 14-May-2024 16:52 RNS
AGM Statement 14-May-2024 07:00 RNS
Posting of Annual Report and Notice of AGM 10-Apr-2024 13:30 RNS

Midwich Group ShareCast News

Shares slide as Midwich warns on profits 14-May-2024 ShareCast
Midwich reports highest-ever gross profit margin 19-Mar-2024 ShareCast
Midwich flags record-breaking revenue in 2023 17-Jan-2024 ShareCast

Latest Midwich Group Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 5: Forecast figures based on normalised accounts.

 

Midwich Group Market Data

Currency UK Pounds
Share Price 366.00p
Change Today -3.00p
% Change -0.81 %
52 Week High 485.00
52 Week Low 340.00
Volume 28,053
Shares Issued 104.25m
Market Cap £381.54m

Midwich Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.77% below the market average8.77% below the market average8.77% below the market average8.77% below the market average8.77% below the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Price Trend
56.79% below the market average56.79% below the market average56.79% below the market average56.79% below the market average56.79% below the market average
72% below the sector average72% below the sector average72% below the sector average72% below the sector average72% below the sector average
Income
71.46% above the market average71.46% above the market average71.46% above the market average71.46% above the market average71.46% above the market average
80.95% above the sector average80.95% above the sector average80.95% above the sector average80.95% above the sector average80.95% above the sector average
Growth
56.57% above the market average56.57% above the market average56.57% above the market average56.57% above the market average56.57% above the market average
39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Midwich Group Dividends

  Latest Previous
  Final Interim
Ex-Div 09-May-24 21-Sep-23
Paid 14-Jun-24 27-Oct-23
Amount 11.00p 5.50p

Trades for 07-Jun-2024

Time Volume / Share Price
16:35 3,532 @ 366.00p
16:35 214 @ 366.00p
16:35 419 @ 366.00p
16:35 525 @ 366.00p
16:35 97 @ 366.00p

Midwich Group Key Personnel

Finance Director Stephen Lamb

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