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Upturn AI SWOT - About
Distribution Solutions Group Inc (DSGR)

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Upturn Advisory Summary
12/03/2025: DSGR (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $38.5
1 Year Target Price $38.5
| 1 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -11.8% | Avg. Invested days 49 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.28B USD | Price to earnings Ratio - | 1Y Target Price 38.5 |
Price to earnings Ratio - | 1Y Target Price 38.5 | ||
Volume (30-day avg) 3 | Beta 0.46 | 52 Weeks Range 21.87 - 40.08 | Updated Date 12/3/2025 |
52 Weeks Range 21.87 - 40.08 | Updated Date 12/3/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.24 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -0.57% | Operating Margin (TTM) 4.98% |
Management Effectiveness
Return on Assets (TTM) 3.45% | Return on Equity (TTM) -1.68% |
Valuation
Trailing PE - | Forward PE 15.6 | Enterprise Value 2014969058 | Price to Sales(TTM) 0.65 |
Enterprise Value 2014969058 | Price to Sales(TTM) 0.65 | ||
Enterprise Value to Revenue 1.02 | Enterprise Value to EBITDA 11.98 | Shares Outstanding 46227784 | Shares Floating 42139399 |
Shares Outstanding 46227784 | Shares Floating 42139399 | ||
Percent Insiders 1.18 | Percent Institutions 93.17 |
Upturn AI SWOT
Distribution Solutions Group Inc

Company Overview
History and Background
Distribution Solutions Group, Inc. (DSG) was formed through the combination of Lawson Products, Gexpro Services, and TestEquity in 2022. Lawson Products was founded in 1952. The aim was to create a specialist distributor of products and services for the MRO (maintenance, repair, and operations), OEM (original equipment manufacturer), and electronics industries.
Core Business Areas
- Lawson Products: Distributes MRO products including fasteners, chemicals, electrical, and welding supplies to industrial, commercial, government, and institutional markets.
- Gexpro Services: Provides supply chain solutions for original equipment manufacturers (OEMs), focusing on kitting and vendor-managed inventory programs.
- TestEquity: A distributor of electronic test and measurement equipment and products for electronic assembly.
Leadership and Structure
The company is led by a CEO and a senior management team responsible for the various business units. The organizational structure reflects a decentralized operating model with each business unit maintaining a degree of autonomy.
Top Products and Market Share
Key Offerings
- Fasteners: Lawson Products offers a wide range of fasteners, nuts, and bolts. Market share data is difficult to pinpoint but Lawson competes with larger national distributors like Fastenal (FAST) and W.W. Grainger (GWW). Revenue from this product category contributes significantly to Lawson Products' overall revenue and therefore to DSG's.
- Kitting Services: Gexpro Services provides kitting solutions for OEMs. Market share data specific to Gexpro is not readily available, but they compete with other supply chain service providers. The revenue from kitting services is a substantial portion of Gexpro's revenue within DSG.
- Test and Measurement Equipment: TestEquity distributes test and measurement equipment from various manufacturers, including Keysight Technologies. They compete with other distributors and direct sales from manufacturers. Revenue from this contributes greatly to TestEquity's overall revenue and therefor to DSG's.
Market Dynamics
Industry Overview
The distribution market is highly competitive and fragmented, with various players serving specific niches. The MRO and OEM sectors are influenced by industrial production, economic cycles, and technological advancements. The electronics industry faces fluctuations based on demand for electronics, innovations in technology, and supply chain complexities.
Positioning
Distribution Solutions Group aims to be a specialist distributor in their target markets, focusing on value-added services and solutions. Competitive advantages include a broad product portfolio, supply chain expertise, and strong customer relationships.
Total Addressable Market (TAM)
The combined TAM for MRO, OEM, and electronics distribution is estimated to be in the hundreds of billions of dollars. DSG is positioned to capture a larger share of this TAM through organic growth and acquisitions.
Upturn SWOT Analysis
Strengths
- Diverse product portfolio
- Strong customer relationships
- Supply chain expertise
- Decentralized operating model
Weaknesses
- Integration risks from acquisitions
- Dependence on economic cycles
- Competition from larger distributors
- Complexity of managing multiple business units
Opportunities
- Further acquisitions to expand market share
- Growth in e-commerce and digital solutions
- Expansion into new geographic markets
- Cross-selling opportunities among business units
Threats
- Economic downturns
- Increased competition
- Supply chain disruptions
- Changing customer preferences
Competitors and Market Share
Key Competitors
- FAST
- GWW
- MSC
- AVT
- ARROW
Competitive Landscape
DSG competes with larger distributors like Fastenal and Grainger, as well as specialized distributors in electronics. DSG's competitive advantages lie in its specialist focus and value-added services. The disadvantages are that the top competitors are significantly larger.
Major Acquisitions
TestEquity
- Year: 2021
- Acquisition Price (USD millions): 905
- Strategic Rationale: Expanded DSG's presence in the electronics distribution market and added a complementary product portfolio.
Gexpro Services
- Year: 2022
- Acquisition Price (USD millions): 565
- Strategic Rationale: Further expanded DSG's OEM distribution market and provided enhanced supply chain solutions.
Growth Trajectory and Initiatives
Historical Growth: DSG's growth has been driven by acquisitions and organic growth within its business units.
Future Projections: Analyst estimates suggest continued growth driven by market expansion and strategic initiatives.
Recent Initiatives: Recent initiatives include integrating acquired companies, expanding e-commerce capabilities, and focusing on key account management.
Summary
Distribution Solutions Group, Inc. is a company built on acquisitions, strategically positioning itself in the MRO, OEM, and electronics distribution markets. The company is constantly growing and expanding through acquisitions of smaller players. Key challenges include competition from much larger, established distributors and the need for continued seamless integration of acquired companies. Their specialist focus is a strength, but economic downturns could pose a threat.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company Filings
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Distribution Solutions Group Inc
Exchange NASDAQ | Headquaters Fort Worth, TX, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Chairman Mr. John Bryan King C.F.A. | ||
Sector Industrials | Industry Industrial Distribution | Full time employees 4400 | |
Full time employees 4400 | |||
Distribution Solutions Group, Inc., a specialty distribution company, provides value-added distribution solutions to the maintenance, repair and operations (MRO), original equipment manufacturer, and industrial technology markets. It operates through four segments: Lawson, Gexpro Services, TestEquity, and Canada Branch Division. The Lawson segment distributes specialty products and services to the industrial, commercial, institutional, and government MRO marketplace. The Gexpro Services segment provides supply chain management solutions that offer VMI, kitting, global logistics management, manufacturing localization and import, value engineering, and quality assurance to renewables, industrial power, consumer and industrial, technology, transportation, and aerospace and defense customers. The TestEquity segment distributes test and measurement equipment and solutions, industrial and electronic production supplies, and vendor managed inventory programs, as well as converting, fabrication, and adhesive solutions to the aerospace and defense, wireless and communication, semiconductors, industrial electronics and automotive, and electronics manufacturing industries under the TestEquity, Hisco, TEquipment, Techni-Tool, and Jensen Tools brands. The Canada Branch Division distributes industrial MRO supplies, safety products, fasteners, power tools, and related value-add services to the industrial, government, commercial, and residential contractor markets for the Canadian MRO market. It has operations in the United States, Canada, Europe, Pacific Rim, Latin America, and internationally. The company was formerly known as Lawson Products, Inc. and has changed to Distribution Solutions Group, Inc. 2022. Distribution Solutions Group, Inc. was incorporated in 1952 and is headquartered in Fort Worth, Texas.

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