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Added to YB: 2025-10-21

Pitch date: 2025-10-17

MIDW.L [neutral]

Midwich Group plc

+2.78%

current return

Author Info

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Company Info

Midwich Group plc, together with its subsidiaries, distributes audio visual (AV) solutions to trade customers in the United Kingdom, Ireland, Europe, the Middle East, Africa, the Asia Pacific, and North America.

Market Cap

GBP 187.0M

Pitch Price

GBP 1.80

Price Target

N/A

Dividend

7.14%

EV/EBITDA

7.96

P/E

27.56

EV/Sales

0.28

Sector

Electronic Equipment, Instruments and Components

Category

turnaround

Show full summary:
AIM A-Z Part 20: Struggling Audiovisuals, AI Investments and Depressed Bricks - Pass: Midwich Group plc

MIDW.L pass: £190M AV distributor at 12x P/E, 4% div, gaining share but facing cost pressures & declining revenue. German market soft, £120M net debt, div cut, unprofitable (though positive underlying/OCF after £3M restructuring, £7M amortization). CEO concerns & lack of operational distribution focus vs sales activities persist. 17% insider ownership.

Read full article (1 min)