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Dialight plc (DIA) Fair Value & Analysis

Industrials · GB · Market cap 156M GBX

DP Dialight plc DIA · LSE
Price£3.50
Fair Value£4.09
Upside+16.9%
Quality83/100
Evidence: Low Range £3.07 – £5.11

Fair value as of: Jun 24, 2026

From 2 valuation models · updated 5 days ago

Share price +6.3% over the past month.

Price vs Fair Value (12 months)

£3.50 £1.52 Fair Value £4.09 Jun 2025 Jun 2026

12‑month range £1.52 – £3.50 · fair‑value band £3.07 – £5.11 · the £3.50 price screens below the £4.09 fair value. As of Jun 24, 2026.

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Analysis

Dialight plc (DIA) currently trades at £3.50, while our model-based Fair Value estimate is £4.09 — implying the stock looks roughly 16.9% undervalued today. We read business quality at 83/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Dialight plc generated revenue of £180M at a net margin of 4.0%. Revenue declined 4.3% year over year. It earns a return on equity of 15.4%. Net debt stands at £27.8M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 180M GBX
Revenue growth (YoY) -4.3%
Net margin 4.0%
Return on equity 15.4%
Free cash flow −100K GBX FY2025
P/E ratio 27.9
More key figures
Operating margin 6.4%
EPS (TTM) £0.1400
Net debt 27.8M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Dialight plc, together with its subsidiaries, develops, manufactures, and supplies LED lighting solutions for hazardous and industrial applications in North America, Europe, the Middle East, Africa, and internationally. The company operates through Lighting and Signals & Components segments. It offers high and low bays, and high outputs; conveyor, street, area, and flood lights; LED linear fixtures, such as low profile/top conduit linear, glass reinforced polyester linear, battery backup linear, and NSF linear; and LED emergency/exit and wall pack/bulkhead products. The company also provides lighting products for control systems and obstruction solutions. In addition, it offers signals and components, such as panel mount and circuit board indicators; and traffic, vehicle, and rail products. The company serves energy, utilities, mining, industrial processing and manufacturing, structural, infrastructure, and other public sectors. The company was founded in 1938 and is headquartered i…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dialight plc reported revenue of £184M in FY2025 versus £132M in FY2021, a compound +8.7%/yr. Reported net income was −£13.8M in FY2025.

Revenue +8.7%/yr
FY21 £132M
FY22 £170M
FY23 £143M
FY24 £184M
FY25 £184M
Net income
FY21 £100K
FY22 £400K
FY23 −£20.6M
FY24 −£13.8M
FY25 −£13.8M

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Frequently asked questions

Is Dialight plc (DIA) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £4.09 versus a price of £3.50 — about +17% (undervalued). Model-based estimate, not financial advice.
What is the fair value of DIA?
Our 21-model fair value for Dialight plc is £4.09 (as of Jun 24, 2026), built from audited fundamentals. The current price is £3.50.
What is the quality score of DIA?
Dialight plc has a Quality Score of 83/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dialight plc (DIA)?
Dialight plc reported trailing-twelve-month revenue of about £180M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of DIA?
The net profit margin of Dialight plc is about 4.0%, meaning it keeps roughly 4.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.