| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 317.62 | -47 |
| Intrinsic value (DCF) | 245.24 | -59 |
| Graham-Dodd Method | 7.42 | -99 |
| Graham Formula | 12.55 | -98 |
Dewhurst Group Plc is a leading UK-based manufacturer of electrical components and control equipment, serving industrial and commercial capital goods markets globally. With a rich history dating back to 1919, the company specializes in high-quality products such as lift controls, keypads, push buttons, and display solutions, catering primarily to the lift, transport, and keypad industries. Operating across the UK, Europe, the Americas, Asia, Australia, and the Middle East, Dewhurst Group has established itself as a trusted supplier in niche industrial segments. The company’s diversified product portfolio and strong international presence position it well in the competitive electrical equipment sector. As part of the Industrials sector, Dewhurst Group benefits from steady demand in infrastructure and commercial construction, making it a resilient player in the market. Its focus on innovation and reliability ensures long-term customer relationships and sustainable growth.
Dewhurst Group Plc presents a stable investment opportunity with its niche focus on electrical components for industrial applications. The company’s strong balance sheet, highlighted by £21.56 million in cash and equivalents and modest debt (£2.39 million), provides financial flexibility. With a market cap of ~£61 million and a beta of 0.614, it offers lower volatility compared to broader markets. Revenue of £64.4 million and net income of £5.23 million reflect steady profitability, supported by a dividend yield of ~2.7% (16.5p per share). However, its growth prospects may be limited by its specialized market exposure and reliance on capital goods demand. Investors should weigh its defensive positioning against potential sector cyclicality.
Dewhurst Group Plc competes in the electrical components space with a focus on lift and transport controls, a niche that provides some insulation from broader industrial competition. Its competitive advantage lies in its long-standing reputation, diversified product range, and global distribution network. The company’s ability to supply specialized components (e.g., hygiene-compliant keypads, rail indicators) differentiates it from generic electrical equipment manufacturers. However, it faces competition from larger industrial conglomerates with greater R&D budgets and economies of scale. Dewhurst’s relatively small size may limit its ability to compete on price in commoditized segments, but its technical expertise and customer relationships help maintain margins. The company’s focus on high-margin, low-volume specialty products mitigates some competitive pressures, though reliance on the lift industry (~50% of revenue) poses concentration risks. Its international footprint provides growth opportunities but also exposes it to regional economic fluctuations and supply chain challenges.