# Dialight plc (DIA.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials / Electrical Equipment. Price 564p, market value 227 millionp.

## Valuation
- **P/E (trailing): 564.4×**. Dialight plc trades at 564.4× trailing earnings. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 19.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.19**. A PEG of 0.19 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.9×**. Each dollar of revenue is priced at 1.9×.
- **Price / book: 6.5×**. The shares trade at 6.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 17.1×**. Enterprise value is 17.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 9.3%** (5-yr avg 0.1%). Free cash flow equals 9.3% of the market value, above its five-year average of 0.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 0.2%**. The inverse of the P/E: 0.2% of the price is earned each year.

## Profitability
- **Gross margin: 37.6%**. Dialight plc keeps 37.6% of revenue after the direct cost of what it sells.
- **Operating margin: 6.5%**. 6.5% of revenue is left after running the business.
- **Net margin: 0.2%**. 0.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 0.8%**. 0.8% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 9.4%**. Return on all capital, debt included, is 9.4%.
- **Return on assets: 0.4%**. Each dollar of assets produces 0.4% of profit.

## Growth
- **Revenue growth (1 yr): -28.5%** (3-yr -1.1%/yr, 5-yr 6.7%/yr). Revenue fell 28.5% over the last year, against 6.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 102.8%** (3-yr -6.5%/yr). Earnings per share rose 102.8%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.37**. Debt is 0.37 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 5.1×**. Operating profit covers interest 5.1× over, a safe margin.
- **Current ratio: 1.78** (quick 0.95). Current assets cover the next year's liabilities 1.78 times.
- **Altman Z-score: 5.46**. A Z-score of 5.46 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Dialight plc does not currently pay a dividend, but it returned 0.0% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (1 analyst). 1 analysts cover Dialight plc; the consensus is strong_buy, with an average price target of 640p (+13% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 145.7%** (YTD 62.9%, 3-mo 50.8%). The shares are up 145.7% over twelve months including dividends.
- **From 52-week high: -9.8%** (174.0% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 63**. An RSI of 63 is neutral.
- **Beta (1 yr): 0.74** (volatility 46%). Beta of 0.74 against the FTSE All-Share: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DIA.L · Page: https://foliofundamentals.com/stocks/dia.l

Not investment advice.