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What smart money is saying about discoverIE Group plcUnited Kingdom flag

DSCV.L · Technology · Hardware, Equipment & Parts

3 funds in our archive have pitched discoverIE Group plc — most recently Artemis UK Smaller Companies Fund in March 2026.

Company profile

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.

Fund coverage · 3 theses

  • Artemis UK Smaller Companies Fund
    March 2026

    discoverIE Group designs specialist electronic components with switching-cost advantages and offers attractive valuation amid upgraded growth expectations.

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  • Artemis UK Smaller Companies Fund
    December 2025

    discoverIE Group plc makes hard-to-switch specialist components and offers double-digit growth at under 15x earnings with a >6% free cash flow yield.

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  • Optimist Fund
    December 2025

    discoverIE Group plc is a designer of bespoke industrial electronic components with structural growth drivers, a compounding model, and potential for earnings recovery and multiple expansion.

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