Risk factor
Resilient to price shocks
Profitability factor
Somewhat favourable analyst view
About
Established in 1986 and headquartered in Guildford, United Kingdom, discoverIE Group plc is a global enterprise focused on the design, manufacturing, and distribution of electronic components. The company's operations are strategically divided into two core divisions: Magnetics & Controls, and Sensing & Connectivity. Their extensive product range includes various magnetic and power components, sophisticated embedded computing and interface control solutions, along with advanced sensing and connectivity parts, all primarily engineered for industrial applications. discoverIE Group serves a diverse clientele across key sectors such as renewable energy, transportation, healthcare, and a broad spectrum of industrial and connectivity markets. It's worth noting that the firm was previously known as Acal plc before rebranding to discoverIE Group plc in November 2017.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of DSCV.L is 1057 and suggests 33.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in