Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

430.00p
   
  • Change Today:
      15.00p
  • 52 Week High: 521.00
  • 52 Week Low: 340.00
  • Currency: UK Pounds
  • Shares Issued: 103.25m
  • Volume: 1,239,615
  • Market Cap: £443.98m

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.

1 Day Chart (28-03-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 3.8% 0.0%
Div Cover 2.3 2.3
Op Mrgn 3.2% 4.8%
ROCE 19.5%  
Latest F'cast
P/E 11.5 10.8
PEG 3.0 2.0
Pr/Revenue 0.3 0.3
Pr/Book 2.3  
Latest F'cast
Revenue 7.1% 9.1%
PBT 46.7% 84.2%
EPS 3.8% 5.1%
DPS 10.0% 4.9%

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 1,407.01 67.32 39.39p 10.9 2.1 +5% 17.32p 0.0%
31-Dec-25 1,484.73 71.47 42.35p 10.2 1.4 +8% 18.21p 0.0%

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Midwich Group Company Announcements

Issue of Equity & Total Voting Rights 26-Mar-2024 15:54 RNS
Final Results and Dividend Timetable Correction 22-Mar-2024 16:56 RNS
Holding(s) in Company 21-Mar-2024 14:59 RNS

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 430.00p
Change Today 15.00p
% Change 3.61 %
52 Week High 521.00
52 Week Low 340.00
Volume 1,239,615
Shares Issued 103.25m
Market Cap £443.98m

Midwich Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.23% below the market average63.23% below the market average63.23% below the market average63.23% below the market average63.23% below the market average
22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average22.22% below the sector average
Price Trend
9.49% below the market average9.49% below the market average9.49% below the market average9.49% below the market average9.49% below the market average
2.97% below the sector average2.97% below the sector average2.97% below the sector average2.97% below the sector average2.97% below the sector average
Income
47.04% above the market average47.04% above the market average47.04% above the market average47.04% above the market average47.04% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
44.01% above the market average44.01% above the market average44.01% above the market average44.01% above the market average44.01% above the market average
32.00% above the sector average32.00% above the sector average32.00% above the sector average32.00% above the sector average32.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_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 28-Mar-2024

Time Volume / Share Price
11:14 232,984 @ 411.00p
16:35 736 @ 430.00p
16:35 147 @ 430.00p
16:35 93 @ 430.00p
16:35 33 @ 430.00p

Midwich Group Key Personnel

Finance Director Stephen Lamb

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