Unlock this StockReport nowClick to Unlock


MIDW 590.02p -10.0  -1.7%
11:39am 0.500k

Relative Strength (%)
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
Margin of Safety (beta)
Screens Passed 1
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2012 2013 2014 2015 2016 2017 TTM 2018E 2019E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
Operating Margin %
Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
Last ex-div: 20th Sep, paid: 26th Oct more... Dividends
Dividend ps p
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p +21.6%

FINANCIAL BRIEF: For the six months ended 30 June 2018, Midwich Group PLC revenues increased 25% to £264.1M. Net income increased 61% to £9M. Revenues reflect UK & Ireland segment increase of 10% to £153.6M, Australasia segment increase of 17% to £17M. Net income benefited from UK & Ireland segment income increase of 33% to £7.5M, Australasia segment income increase of 78% to £1.7M. Dividend per share increased from £0.04 to £0.05. more »

Health Trend
Bankruptcy Risk
  Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total -Intang +Pension
Gross Gearing %
Net Gearing %
Cash / Assets %
Recent History
Latest interim period (ended 30th Jun '18) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Dec 2018
31st Dec 2019

Price Target: 6.79
(+13.21% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (p) (p) (£) (p) (p)
Consensus Estimate
1m Change
3m Change
3 brokers Broker Consensus Trend
Broker Recommendations for Midwich
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 1 0 2

Named Brokers and Analysts
Investec Bank (UK) Plc Daniel Cowan, CFA , Canaccord Genuity Gert Zonneveld , Berenberg Sean Thapar ,

Profile Summary

Midwich Group Plc, formerly Jade 320 Limited, is a holding company. The Company's principal activities are to carry on business as a general commercial company and to carry on the business of an audiovisual (AV) and document solutions distributor to the trade market, with operations in the United Kingdom, Europe and Australia. The Company's segments include UK & Ireland, France, Germany and Australasia. The Company provides a portfolio of audiovisual categories, such as large format displays, projectors, digital signage and printers. The Company's brands include BOSCH, CASIO, CHIEF, SONY, SHARP, NEC, PHILIPS, RICOH, PLANAR, BrightSign, DATAPATH, revolabs, Reserva, Canon, SAMSUNG and Panasonic. The Company serves AV integrators and information technology (IT) resellers in corporate, education, retail, residential and hospitality sectors.

Directors: Stephen Lamb (FID) 44, Stephen Fenby (MDR) , Mathieu Payet (GMG) , Garnett Stewart (GMG) , Iain Campbell (DSL) , Lee Baker (OTH) , Stephen Beahan (OTH) , Michael Broadbent (OTH) , Jon Dew-Stanley (OTH) , Stuart Holmes (OTH) , Andrew Herbert (NEC) 54, Michael Ashley (NED) 44, Hilary Wright (NID) ,

No. of Employees: 646 No. of Shareholders: n/a

Last Annual December 31st, 2017
Last Interim June 30th, 2018
Incorporated November 27, 2013
Public Since May 6, 2016
Shares in Issue 79,448,200
Free Float 47.4m (59.7%)
Sector Industrials
Industry Professional & Commercial Services
Index FTSE Aim All Share , FTSE Aim 100 , FTSE Intl-aim UK 50 ,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

MIDW Share Price Performance MIDWQuote
-10.0  -1.7%
Traded 11:39am · Minimum 15 min delayed · NMS: 0.500k

Latest MIDW News Announcements (delayed)

Upcoming MIDW Events
Monday 11th March, 2019 (estimate)
Full Year 2018 Midwich Group PLC Earnings Release
Tuesday 14th May, 2019 (estimate)
Midwich Group PLC Annual Shareholders Meeting

Recent ↓
Thursday 11th October, 2018
Midwich Group PLC at Berenberg UK Opportunities Conference
Thursday 20th September, 2018
Dividend For MIDWM.L
Tuesday 11th September, 2018
Half Year 2018 Midwich Group PLC Earnings Release
Thursday 24th May, 2018
Dividend For MIDWM.L
Monday 14th May, 2018
Midwich Group PLC Annual Shareholders Meeting
Tuesday 13th March, 2018
Full Year 2017 Midwich Group PLC Earnings Release
Tuesday 13th March, 2018
Full Year 2017 Midwich Group PLC Earnings Call
Thursday 21st September, 2017
Dividend For MIDW.L
Tuesday 12th September, 2017
Half Year 2017 Midwich Group PLC Earnings Release
Thursday 25th May, 2017
Dividend For MIDW.L
Monday 15th May, 2017
Midwich Group PLC Annual Shareholders Meeting
Thursday 22nd September, 2016
Dividend For MIDW.L
Tuesday 3rd May, 2016
Midwich Group PLC Initial Public Offering Pricing

Use of our data service is subject to express Terms of Service. Please see our full site disclaimer for more details. In particular, it is very important to do your own research (DYOR) and seek professional advice before making any investment based on your own personal circumstances. Please note that the information, data and analysis contained within this stock report: (a) include the proprietary information of Stockopedia's third party licensors and Stockopedia; (b) should not be copied or redistributed except as specifically authorised; and (c) are not warranted to be complete, accurate or timely. You should independently research and verify any information that you find in this report. Stockopedia will not be liable in respect of any loss, trading or otherwise, that you may suffer arising out of such information or any reliance you may place upon it. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. © Stockopedia 2018.

Should you buy MIDW

Access MIDW Analytics Now!

Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis