Latest news with #MidwichGroup
Yahoo
19-05-2025
- Business
- Yahoo
Be Wary Of Midwich Group (LON:MIDW) And Its Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. In light of that, when we looked at Midwich Group (LON:MIDW) and its ROCE trend, we weren't exactly thrilled. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Midwich Group: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.067 = UK£25m ÷ (UK£651m - UK£275m) (Based on the trailing twelve months to December 2024). So, Midwich Group has an ROCE of 6.7%. In absolute terms, that's a low return and it also under-performs the Electronic industry average of 11%. View our latest analysis for Midwich Group Above you can see how the current ROCE for Midwich Group compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Midwich Group . When we looked at the ROCE trend at Midwich Group, we didn't gain much confidence. To be more specific, ROCE has fallen from 21% over the last five years. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line. On a side note, Midwich Group has done well to pay down its current liabilities to 42% of total assets. So we could link some of this to the decrease in ROCE. What's more, this can reduce some aspects of risk to the business because now the company's suppliers or short-term creditors are funding less of its operations. Since the business is basically funding more of its operations with it's own money, you could argue this has made the business less efficient at generating ROCE. Either way, they're still at a pretty high level, so we'd like to see them fall further if possible. To conclude, we've found that Midwich Group is reinvesting in the business, but returns have been falling. Since the stock has declined 49% over the last five years, investors may not be too optimistic on this trend improving either. Therefore based on the analysis done in this article, we don't think Midwich Group has the makings of a multi-bagger. One final note, you should learn about the 3 warning signs we've spotted with Midwich Group (including 1 which is a bit unpleasant) . For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-04-2025
- Business
- Yahoo
High Growth Tech Stocks in the UK to Watch April 2025
As the UK market grapples with global economic challenges, including the ripple effects of China's sluggish recovery impacting the FTSE 100 and FTSE 250 indices, investors are keenly observing how these factors influence high-growth sectors. In such a climate, identifying tech stocks with robust growth potential involves looking for companies that demonstrate resilience and adaptability amid fluctuating market conditions. Name Revenue Growth Earnings Growth Growth Rating Facilities by ADF 26.24% 161.47% ★★★★★☆ YouGov 4.12% 64.42% ★★★★★☆ Audioboom Group 8.84% 59.33% ★★★★★☆ Pinewood Technologies Group 24.48% 41.53% ★★★★★☆ Redcentric 5.32% 67.90% ★★★★★☆ Oxford Biomedica 16.52% 82.05% ★★★★★☆ Windar Photonics 37.17% 46.73% ★★★★★☆ Trustpilot Group 15.02% 40.20% ★★★★★☆ Cordel Group 33.50% 148.58% ★★★★★☆ Vinanz 113.60% 125.86% ★★★★★☆ Click here to see the full list of 37 stocks from our UK High Growth Tech and AI Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Midwich Group plc, along with its subsidiaries, is a distributor of audio visual solutions to trade customers across various regions including the United Kingdom, Ireland, Europe, the Middle East, Africa, the Asia Pacific, and North America with a market capitalization of £189.09 million. Operations: The company generates revenue primarily from distributing computer peripherals, with a significant contribution of £1.32 billion. Amid a challenging year, Midwich Group demonstrated resilience with a revenue increase to £1,317 million from £1,295 million previously. Despite a dip in net income to £16.03 million from last year's £26.82 million, the firm is poised for significant growth with expected annual earnings growth of 22.2%. This outpaces the broader UK market forecast of 13.7% and suggests robust future prospects despite current hurdles like reduced dividends and lower profit margins (1.2% down from 2.1%). With an emphasis on expanding its technological offerings and adapting to market demands, Midwich appears well-positioned for recovery and growth in the evolving tech landscape. Dive into the specifics of Midwich Group here with our thorough health report. Explore historical data to track Midwich Group's performance over time in our Past section. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Genus plc is an animal genetics company with operations spanning North America, Latin America, the United Kingdom, Europe, the Middle East, Russia, Africa, and Asia and has a market cap of approximately £1.05 billion. Operations: Genus plc generates revenue primarily through its two main segments: Genus ABS, contributing £311.10 million, and Genus PIC, contributing £358 million. The company focuses on animal genetics across various global regions. With a strategic leadership transition on the horizon, Genus plc is setting the stage for robust governance and financial oversight. Andy Russell's appointment as CFO, effective August 2025, follows his impactful tenure at Smith & Nephew, promising to infuse Genus with deep financial acumen and M&A expertise. Despite recent challenges reflected in a slight dip in sales to £336.4 million and net income falling to £1.5 million from £10.3 million last year, the company's R&D commitment remains strong, positioning it well for future innovations in biotechnology—a sector where staying ahead technologically is crucial for growth. This focus on R&D is essential as it nurtures potential breakthroughs that could significantly enhance Genus's market position and profitability in the coming years. Navigate through the intricacies of Genus with our comprehensive health report here. Learn about Genus' historical performance. Simply Wall St Growth Rating: ★★★★★☆ Overview: Trustpilot Group plc operates an online review platform serving businesses and consumers across the United Kingdom, North America, Europe, and other international markets, with a market capitalization of £913.14 million. Operations: The company generates revenue primarily from its platform as an Internet Information Provider, totaling $210.75 million. Trustpilot Group's recent innovations and strategic buybacks underscore its agile adaptation in the tech landscape. The company introduced new features enhancing customer engagement through actionable insights from reviews, a critical move as evidenced by a PWC survey highlighting trust's impact on financial performance. Furthermore, Trustpilot repurchased shares worth £13.52 million, signaling confidence in its operational strategy and financial health. Despite a slight dip in net income to $6.23 million from $7.11 million last year, the firm is poised for growth with revenue up to $210.75 million, marking a 15% increase year-over-year and outpacing the UK market's average growth rate of 3.9%. This trajectory is supported by an anticipated earnings growth of 40.2% annually, positioning Trustpilot favorably within the competitive tech sector. Click here and access our complete health analysis report to understand the dynamics of Trustpilot Group. Understand Trustpilot Group's track record by examining our Past report. Click through to start exploring the rest of the 34 UK High Growth Tech and AI Stocks now. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:MIDW LSE:GNS and LSE:TRST. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
25-03-2025
- Business
- Yahoo
Midwich Group PLC (STU:9S2) (FY 2024) Earnings Call Highlights: Record Revenues Amid Market ...
Revenue: GBP1.317 billion, up 3.5% on a constant currency basis; underlying revenue down 1.4%. Gross Margin: Increased by 0.3% to 17.8%. Adjusted Operating Profit: GBP48.3 million, down 17.4% from the previous year. Adjusted Operating Margin: 3.7%, down by 0.9%. Operating Cash Conversion: 97% for the year. Leverage: Around 2 times adjusted EBITDA. Dividend: Total dividend of 13p for the full year, with a cover of 2 times. Technical Sales Growth: Increased by 6.8%. Mainstream Revenue: Dropped by 8.9% due to price erosion. Interest Costs: Approximately GBP10 million, expected to rise to GBP12 million in 2025. Net Debt: GBP130 million at year-end, with leverage expected to remain around 2 times. Acquisitions: Four acquisitions completed in 2024, with GBP15.5 million expected for consideration in 2025. Regional Performance: UK and Ireland revenue flat; EMEA revenue down 2.7% organically; North America growth of 28% in local currency. Warning! GuruFocus has detected 5 Warning Signs with STU:9S2. Release Date: March 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Midwich Group PLC (STU:9S2) delivered record revenues and gross margins despite challenging market conditions. The company achieved strong performance in strategic product areas such as audio, lighting, and technical video. Operating cash generation exceeded expectations with a leverage ratio of around 2 times. Four acquisitions were successfully integrated, contributing to revenue growth. The company maintained or gained market share in key markets, demonstrating competitive strength. Price erosion in mainstream display and projection products led to a decline in underlying revenue by 1.4%. Adjusted operating profit decreased by 17.4% compared to the previous year. The corporate market remained weak due to economic uncertainty, impacting demand. There was significant softness in discretionary spending in education, particularly in Germany and the UK. A fire at a neighboring warehouse in the UAE destroyed GBP4 million worth of inventory, impacting short-term profits. Q: What is the impact of increased defense spending on Midwich Group's business? A: Stephen Fenby, Group Managing Director, explained that the direct impact on Midwich Group from defense spending is relatively small, as they have done some projects in the UK, Germany, and Australia. However, increased defense spending could indirectly benefit the company as it may lead to more money flowing into economies, potentially boosting corporate and educational technology investments. Q: What is the current proportion of technical sales, and is there a target for the future? A: Stephen Fenby stated that technical sales accounted for 64% of the business in 2024. While there is no specific target, the company expects the technical element to continue growing, driven by acquisitions in technical areas. Mainstream products will still be sold as part of complete solutions. Q: How does seasonality affect Midwich Group's financial performance? A: Stephen Lamb, Group Finance Director, noted that the company typically sees around 40% of sales in the first half and 50% in the second half of the year. This year, the second half is expected to be more weighted due to current market conditions and recovery from a fire incident in the UAE. Q: What is the company's approach to financing and receivables management? A: Stephen Lamb explained that Midwich Group uses a mix of overdrafts and invoice financing, with receivables typically held for about 50 to 60 days. The company maintains a balance of stock, payables, and receivables, each around a couple of hundred million GBP. Q: Are there any online questions from participants? A: Stephen Fenby confirmed that there were no current questions from online participants during the call. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
UK's March 2025 Growth Companies With High Insider Ownership
As the United Kingdom's FTSE 100 index faces pressure from weak trade data out of China, reflecting broader global economic challenges, investors are increasingly focused on identifying resilient growth companies with strong insider ownership. In such uncertain times, firms where insiders hold significant stakes can be appealing due to the potential alignment of interests between management and shareholders, suggesting a commitment to long-term success amidst fluctuating market conditions. Name Insider Ownership Earnings Growth Gulf Keystone Petroleum (LSE:GKP) 12.2% 102.1% Helios Underwriting (AIM:HUW) 23.9% 23.1% LSL Property Services (LSE:LSL) 10.4% 26.9% Judges Scientific (AIM:JDG) 10.7% 29.3% Facilities by ADF (AIM:ADF) 13.2% 161.5% Mortgage Advice Bureau (Holdings) (AIM:MAB1) 19.8% 21.1% B90 Holdings (AIM:B90) 24.4% 166.8% Audioboom Group (AIM:BOOM) 27.8% 175% Getech Group (AIM:GTC) 11.8% 114.5% Anglo Asian Mining (AIM:AAZ) 40% 116.2% Click here to see the full list of 65 stocks from our Fast Growing UK Companies With High Insider Ownership screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Growth Rating: ★★★★★☆ Overview: Judges Scientific plc designs, manufactures, and sells scientific instruments with a market cap of £454.48 million. Operations: The company generates revenue from two main segments: Vacuum (£65.40 million) and Materials Sciences (£70.20 million). Insider Ownership: 10.7% Earnings Growth Forecast: 29.3% p.a. Judges Scientific is positioned for growth with a strong forecasted earnings increase of 29.33% annually over the next three years, outpacing the UK market's 14%. Insider confidence is evident as more shares have been bought than sold recently, and no substantial insider selling occurred in the past three months. Despite high debt levels, its stock trades at a 28.4% discount to fair value estimates, and analysts expect a price rise of 54.5%. Click here to discover the nuances of Judges Scientific with our detailed analytical future growth report. Our expertly prepared valuation report Judges Scientific implies its share price may be lower than expected. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Midwich Group plc, along with its subsidiaries, distributes audio visual solutions to trade customers across the UK, Ireland, Europe, the Middle East, Africa, Asia Pacific, and North America and has a market cap of £243.50 million. Operations: Midwich Group plc generates revenue by distributing audio visual solutions to trade customers across regions including the UK, Ireland, Europe, the Middle East, Africa, Asia Pacific, and North America. Insider Ownership: 17.2% Earnings Growth Forecast: 22.2% p.a. Midwich Group's earnings are forecast to grow 22.23% annually, surpassing the UK market's growth rate. Despite a decline in net profit margin from 2.1% to 1.2%, the company trades at a substantial discount of 50.9% below its estimated fair value, indicating potential undervaluation compared to peers and industry standards. However, interest payments are not well covered by earnings, and its dividend track record remains unstable, which could be concerns for investors seeking financial stability. Dive into the specifics of Midwich Group here with our thorough growth forecast report. Our valuation report unveils the possibility Midwich Group's shares may be trading at a discount. Simply Wall St Growth Rating: ★★★★☆☆ Overview: QinetiQ Group plc is a science and engineering company that operates in the defense, security, and infrastructure sectors across the UK, US, Australia, and internationally with a market cap of £2.19 billion. Operations: The company's revenue is primarily derived from its EMEA Services segment, which generated £1.48 billion, and its Global Solutions segment, contributing £495.40 million. Insider Ownership: 12.9% Earnings Growth Forecast: 30.5% p.a. QinetiQ Group's earnings are projected to grow significantly at 30.52% annually, outpacing the UK market average of 14.2%, while revenue is expected to rise by 6% per year, above the market's 3.8%. The stock trades at a notable discount of 44.8% below its estimated fair value, suggesting potential undervaluation relative to peers. Recent board changes include Roger Krone as an Independent Non-Executive Director, enhancing leadership with his extensive industry experience from Leidos and Boeing. Click to explore a detailed breakdown of our findings in QinetiQ Group's earnings growth report. Our comprehensive valuation report raises the possibility that QinetiQ Group is priced lower than what may be justified by its financials. Unlock more gems! Our Fast Growing UK Companies With High Insider Ownership screener has unearthed 62 more companies for you to here to unveil our expertly curated list of 65 Fast Growing UK Companies With High Insider Ownership. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include AIM:JDG AIM:MIDW and LSE:QQ.. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Broadcast Pro
27-02-2025
- Business
- Broadcast Pro
NMK Electronics showcases Shure's pro audio technology at exclusive event
The event highlighted Shure's newest solutions, including the Axient Digital PSM and NEXADYNE INSTRUMENT, in an interactive, hands-on setting. NMK Electronics, a Midwich Group company and a distributor of professional AV solutions in the GCC, hosted an exclusive industry event in collaboration with Shure. The NMK & Shure Pro Sound Playoff took place in a setting filled with neon lights and an arcade, creating an immersive environment to showcase the latest advancements in professional audio technology from Shure. Held at 777DXB on February 25, 2025, the event brought together industry professionals, sound engineers and media representatives for a hands-on experience with Shure's latest product innovations. The spotlight was on Shure's newest releases, distributed by NMK Electronics in the region. Among them was the Axient Digital PSM, equipped with WMAS innovation to provide flexibility and scalability for monitor engineers, RF engineers and rental houses. Another standout product was the SLXD4Q+ Quad Channel Receiver, which pairs with existing SLX-D transmitters, expanding the tuning range to 138 MHz (region-dependent). Attendees also explored the SM39, a high-quality cardioid singing headset microphone designed for dynamic performers, and the KSM11 WIRED, a condenser vocal microphone offering unmatched clarity and precision for live performances. Additionally, Shure unveiled the NEXADYNE INSTRUMENT microphone, featuring the brand's patented Revonic Dual-Engine Transducer Technology for authentic, natural instrument sound. Beyond technology, the event was designed to provide a sensory experience, allowing attendees to test Shure's innovations firsthand. Guests had the opportunity to engage in interactive demonstrations, network with industry leaders, and explore the next generation of professional audio solutions. Speaking about the launch, Costandino Drimakis, Director of Strategic Development at NMK Electronics, said: 'NMK Electronics is proud to be at the forefront of the pro audio industry in the GCC. Shure has recently launched an exciting array of groundbreaking products that are set to redefine audio excellence. By introducing these cutting-edge innovations to the region, we are reinforcing our commitment to empowering professionals with unrivalled quality and state-of-the-art technology. Our partnership with Shure truly reflects our shared vision of pushing the boundaries in pro audio.'
