Midwich Group (MIDW)

Sector:

Support

Index:

FTSE AIM 50

427.00p
   
  • Change Today:
    -13.00p
  • 52 Week High: 500.00
  • 52 Week Low: 340.00
  • Currency: UK Pounds
  • Shares Issued: 104.25m
  • Volume: 122,962
  • Market Cap: £445.13m

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 (23-04-2024)

1 Day Chart

6 Month Chart

6 Month Chart
Barclays logo

Digital Look Charts Sponsored by Barclays Stockbrokers

Financials

Latest F'cast
Div Yield 3.9% 0.0%
Div Cover 2.3 2.3
Op Mrgn 3.2% 4.8%
ROCE 19.5%  
Latest F'cast
P/E 11.4 11.0
PEG 3.0 2.1
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 10.8 2.1 +5% 17.32p 0.0%
31-Dec-25 1,484.73 71.47 42.35p 10.1 1.3 +8% 18.21p 0.0%
31-Dec-26 1,571.80 74.22 43.53p 9.8 3.5 +3% 18.60p 0.0%

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Midwich Group Company Announcements

Posting of Annual Report and Notice of AGM 10-Apr-2024 13:30 RNS
Director/PDMR Shareholding 05-Apr-2024 07:00 RNS
Issue of Equity & Total Voting Rights 26-Mar-2024 15:54 RNS

Midwich Group ShareCast News

Midwich reports highest-ever gross profit margin 19-Mar-2024 ShareCast
Midwich flags record-breaking revenue in 2023 17-Jan-2024 ShareCast
Berenberg lowers target price on Midwich 17-Jan-2024 ShareCast

Latest Midwich Group Director Deals

Traded Action Notifier PriceAmountValue
04-Apr-24 Transfer To Stephen Lamb 0.000p 115,545 £0.00
04-Apr-24 Sell Stephen Lamb 413.00p 115,545 £477,200.86
04-Apr-24 Exercise of option Stephen Lamb 1.00p 231,090 £2,310.90

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 427.00p
Change Today -13.00p
% Change -2.95 %
52 Week High 500.00
52 Week Low 340.00
Volume 122,962
Shares Issued 104.25m
Market Cap £445.13m

Midwich Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.86% below the market average64.86% below the market average64.86% below the market average64.86% below the market average64.86% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
19.27% below the market average19.27% below the market average19.27% below the market average19.27% below the market average19.27% below the market average
28.71% below the sector average28.71% below the sector average28.71% below the sector average28.71% below the sector average28.71% below the sector average
Income
47.05% above the market average47.05% above the market average47.05% above the market average47.05% above the market average47.05% above the market average
59.38% above the sector average59.38% above the sector average59.38% above the sector average59.38% above the sector average59.38% above the sector average
Growth
47.48% above the market average47.48% above the market average47.48% above the market average47.48% above the market average47.48% above the market average
30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% above the sector average30.00% 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 23-Apr-2024

Time Volume / Share Price
16:36 1,655 @ 427.00p
16:35 167 @ 427.00p
16:35 6,378 @ 427.00p
16:35 177 @ 427.00p
16:35 544 @ 427.00p

Midwich Group Key Personnel

Finance Director Stephen Lamb

Top of Page