OverviewSuggest Edit

discoverIE (formerly known as Acal) is a global group of businesses that designs, manufactures, and supplies highly differentiated components for electronics applications. It provides customized electronic, photonic, and medical products to the medical, renewable energy, industrial and connectivity, and transportation markets.
TypePublic
Founded1986
HQGuildford, GB
Websitediscoverieplc.com

Locations

discoverIE is headquartered in
Guildford, United Kingdom

Location Map

Latest Updates

Employees (est.) (Sept 2020)4,200(-3%)
Revenue (FY, 2020)£466.4 M(+7%)
Share Price (Nov 2021)£10.1(+2%)
Cybersecurity ratingBMore
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Key People/Management at discoverIE

Nick Jefferies

Nick Jefferies

Group Chief Executive
Simon Gibbins

Simon Gibbins

Group Finance Director
Jeremy Morcom

Jeremy Morcom

Group Head of Corporate Development
Paul Neville

Paul Neville

Group Commercial Director
Martin Pangels

Martin Pangels

Group Development Director
Paul Webster

Paul Webster

Group Director - Acal BFi and Cross-Selling
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discoverIE Office Locations

discoverIE has an office in Guildford
Guildford, GB (HQ)
2, Chancellor Court, Surrey Research Park, Occam Road
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discoverIE Financials and Metrics

discoverIE Revenue

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View revenue for all periods
discoverIE's revenue was reported to be £466.4 m in FY, 2020 which is a 6.3% increase from the previous period.
GBP

Revenue (H1, 2021)

217.9m

Gross profit (H1, 2021)

73.4m

Gross profit margin (H1, 2021), %

33.7%

Net income (H1, 2021)

5.3m

EBIT (H1, 2021)

9.7m

Market capitalization (10-Nov-2021)

905.3m

Closing stock price (10-Nov-2021)

10.1

Cash (30-Sept-2020)

30.3m

EV

967.4m
discoverIE's current market capitalization is £905.3 m.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

387.9m438.9m466.4m

Revenue growth, %

15%13%6%

Cost of goods sold

261.2m293.9m309.7m

Gross profit

126.7m145.0m156.7m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Revenue

211.7m232.0m217.9m

Cost of goods sold

141.8m154.6m144.5m

Gross profit

69.9m77.4m73.4m

Gross profit Margin, %

33%33%34%
Annual
GBPFY, 2018FY, 2019FY, 2020

Cash

21.9m22.9m36.8m

Accounts Receivable

74.4m78.5m80.3m

Inventories

60.6m66.2m68.4m

Current Assets

166.2m179.1m197.4m
Half Year
GBPH1, 2019H1, 2020H1, 2021

Cash

17.8m24.9m30.3m

Inventories

64.8m72.2m69.3m

Current Assets

171.8m191.2m182.1m

PP&E

24.0m25.4m24.6m
Annual
GBPFY, 2018FY, 2019FY, 2020

Net Income

11.8m14.6m14.3m

Depreciation and Amortization

9.0m11.1m11.4m

Inventories

(7.7m)(6.6m)2.7m

Accounts Payable

6.7m8.3m(1.0m)
Half Year
GBPH1, 2019H1, 2020H1, 2021

Net Income

4.7m7.5m5.3m

Depreciation and Amortization

5.5m5.5m5.8m

Inventories

(2.8m)(1.7m)(100.0k)

Accounts Payable

(2.6m)(5.5m)(3.8m)
GBPFY, 2018

EV/EBIT

13.6 x

EV/CFO

16.8 x

Revenue/Employee

95.5k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.4 x

P/E Ratio

20.3
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discoverIE Operating Metrics

discoverIE's Customers was reported to be 25 k in FY, 2020.
FY, 2018FY, 2019FY, 2020

Countries

232323

Customers

25 k25 k25 k

Customers (Design & Manufacturing)

5 k5 k5 k

Locations (Design & Manufacturing)

354042
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discoverIE Acquisitions / Subsidiaries

Company NameDateDeal Size
Hobart ElectronicsApril 16, 2019$15.2 m
PositekApril 16, 2019£4.2 m
Cursor Controls LtdOctober 17, 2018$19 m
SantonFebruary 01, 2018€270 m
Variohm HoldingsJanuary 20, 2017£12 m
Plitron ManufacturingFebruary 12, 2016c$4 m
Contour ElectronicsJanuary 08, 2016£17 m
Flux ASNovember 06, 2015kr39 m
Foss ASJanuary 07, 2015
NoratelJuly 05, 2014kr735 m
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discoverIE Revenue Breakdown

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discoverIE revenue breakdown by business segment: 63.9% from Design & Manufacturing and 36.1% from Custom Supply

discoverIE revenue breakdown by geographic segment: 12.9% from UK, 60.4% from Europe and 26.7% from Rest of the World

discoverIE Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

discoverIE Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

discoverIE Online and Social Media Presence

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discoverIE Frequently Asked Questions

  • When was discoverIE founded?

    discoverIE was founded in 1986.

  • Who are discoverIE key executives?

    discoverIE's key executives are Nick Jefferies, Simon Gibbins and Jeremy Morcom.

  • How many employees does discoverIE have?

    discoverIE has 4,200 employees.

  • What is discoverIE revenue?

    Latest discoverIE annual revenue is £466.4 m.

  • What is discoverIE revenue per employee?

    Latest discoverIE revenue per employee is £111 k.

  • Who are discoverIE competitors?

    Competitors of discoverIE include Electrocomponents, TT Electronics and Farnell.

  • Where is discoverIE headquarters?

    discoverIE headquarters is located at 2, Chancellor Court, Surrey Research Park, Occam Road, Guildford.

  • Where are discoverIE offices?

    discoverIE has an office in Guildford.

  • How many offices does discoverIE have?

    discoverIE has 1 office.