Reported Earnings • Nov 18
First half 2026 earnings released: EPS: UK£0.086 (vs UK£0.071 in 1H 2025) First half 2026 results: EPS: UK£0.086 (up from UK£0.071 in 1H 2025). Revenue: UK£87.6m (down 1.8% from 1H 2025). Net income: UK£3.73m (up 21% from 1H 2025). Profit margin: 4.3% (up from 3.4% in 1H 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Declared Dividend • Nov 14
First half dividend of UK£0.042 announced Dividend of UK£0.042 is the same as last year. Ex-date: 27th November 2025 Payment date: 6th January 2026 Dividend yield will be 7.1%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (166% earnings payout ratio) nor is it covered by cash flows (174% cash payout ratio). The dividend has increased by an average of 3.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 84% to bring the payout ratio under control. EPS is expected to grow by 95% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Annonce • Nov 12
Castings P.L.C. Declares an Interim Dividend, Payable on January 6, 2026 Castings P.L.C. announced that it has declared an interim dividend of 4.21 pence per share (2024 - 4.21 pence) and will be paid on 6 January 2026 to shareholders who are on the register at 28 November 2025. Annonce • Nov 07
Castings P.L.C. to Report First Half, 2026 Results on Nov 12, 2025 Castings P.L.C. announced that they will report first half, 2026 results on Nov 12, 2025 Annonce • Sep 04
Castings P.L.C. Announces Board Changes Castings PLC announced the following board role changes. Following the retirement of Andrew Eastgate, as previously notified, Mark Smith has been appointed as Senior Independent Director. He will continue as Chairman of the Audit and Risk committee. Stephen Harrison, who was appointed a director on 26 September 2024, is now Chairman of the Remuneration and Nomination committees. Annonce • Jul 26
Castings P.L.C., Annual General Meeting, Aug 21, 2025 Castings P.L.C., Annual General Meeting, Aug 21, 2025. Location: castings plc, lichfield road, brownhills, ws8 6jz, United Kingdom Upcoming Dividend • Jul 10
Upcoming dividend of UK£0.14 per share Eligible shareholders must have bought the stock before 17 July 2025. Payment date: 26 August 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.1%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (4.2%). Declared Dividend • Jun 13
Dividend of UK£0.14 announced Shareholders will receive a dividend of UK£0.14. Ex-date: 17th July 2025 Payment date: 26th August 2025 Dividend yield will be 6.6%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is not covered by earnings (192% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.6% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 113% to bring the payout ratio under control. EPS is expected to grow by 97% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Jun 12
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: UK£0.096 (down from UK£0.38 in FY 2024). Revenue: UK£177.0m (down 21% from FY 2024). Net income: UK£4.17m (down 75% from FY 2024). Profit margin: 2.4% (down from 7.5% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Paying a dividend despite having no free cash flows. Annonce • Apr 11
Castings P.L.C. to Report Fiscal Year 2025 Results on Jun 11, 2025 Castings P.L.C. announced that they will report fiscal year 2025 results on Jun 11, 2025 Major Estimate Revision • Feb 19
Consensus EPS estimates fall by 40% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£175.0m to UK£169.4m. EPS estimate also fell from UK£0.173 per share to UK£0.103 per share. Net income forecast to shrink 50% next year vs 25% growth forecast for Metals and Mining industry in the United Kingdom . Consensus price target down from UK£3.40 to UK£3.25. Share price fell 12% to UK£2.51 over the past week. Declared Dividend • Nov 15
Dividend increased to UK£0.042 Dividend of UK£0.042 is 1.9% higher than last year. Ex-date: 21st November 2024 Payment date: 2nd January 2025 Dividend yield will be 9.5%, which is higher than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (66% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 1.3% over the next 3 years. However, it would need to fall by 27% to increase the payout ratio to a potentially unsustainable range. Annonce • Nov 14
Castings P.L.C. Declares Interim Dividend, Payable on 2 January 2025 Castings P.L.C. announce an interim dividend of 4.21 pence per share (2023 - 4.13 pence) has been declared and will be paid on 2 January 2025 to shareholders who are on the register at 22 November 2024. Annonce • Nov 06
Castings P.L.C. to Report First Half, 2025 Results on Nov 13, 2024 Castings P.L.C. announced that they will report first half, 2025 results on Nov 13, 2024 Annonce • Sep 26
Castings plc Appoints Stephen Harrison as an Independent Non-Executive Director and Member of the Audit, Remuneration and Nomination Committees Castings PLC announced the appointment of Stephen Harrison as an independent Non-Executive Director with effect from 26 September 2024. Stephen is currently Chairman of Epwin Group plc, the AIM listed manufacturer of energy efficient and low maintenance building products and was Chief Executive Officer at Forterra plc, a London Stock Exchange Main Market listed supplier of building materials to the UK's construction sector until May 2023. Stephen has over 20 years experience in the construction materials sector. Stephen is also appointed to be a member of the audit, remuneration and nomination committees. New Risk • Sep 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (6.5% average weekly change). Major Estimate Revision • Aug 21
Consensus EPS estimates fall by 32% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from UK£186.2m to UK£175.0m. EPS estimate also fell from UK£0.254 per share to UK£0.173 per share. Net income forecast to shrink 55% next year vs 20% growth forecast for Metals and Mining industry in the United Kingdom . Consensus price target down from UK£4.60 to UK£3.90. Share price fell 8.3% to UK£3.08 over the past week. Upcoming Dividend • Jul 11
Upcoming dividend of UK£0.14 per share Eligible shareholders must have bought the stock before 18 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (3.9%). Annonce • Jul 05
Castings P.L.C., Annual General Meeting, Aug 20, 2024 Castings P.L.C., Annual General Meeting, Aug 20, 2024. Location: castings plc, lichfield road, ws8 6jz, brownhills United Kingdom Reported Earnings • Jun 28
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: UK£0.38 (up from UK£0.32 in FY 2023). Revenue: UK£224.4m (up 12% from FY 2023). Net income: UK£16.7m (up 21% from FY 2023). Profit margin: 7.5% (up from 6.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Declared Dividend • Jun 21
Fourth quarter dividend of UK£0.14 announced Shareholders will receive a dividend of UK£0.14. Ex-date: 18th July 2024 Payment date: 23rd August 2024 Dividend yield will be 6.6%, which is lower than the industry average of 7.3%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 6.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 17% over the next 3 years. However, it would need to fall by 47% to increase the payout ratio to a potentially unsustainable range. Declared Dividend • Jun 14
Dividend of UK£0.07 announced Shareholders will receive a dividend of UK£0.07. Ex-date: 20th June 2024 Payment date: 24th July 2024 Dividend yield will be 7.0%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 20% over the next 3 years. However, it would need to fall by 67% to increase the payout ratio to a potentially unsustainable range. Price Target Changed • Jun 13
Price target decreased by 15% to UK£4.50 Down from UK£5.30, the current price target is provided by 1 analyst. New target price is 26% above last closing price of UK£3.56. Stock is down 15% over the past year. The company is forecast to post earnings per share of UK£0.25 for next year compared to UK£0.38 last year. New Risk • Jun 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.4% per year for the foreseeable future. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Annonce • May 01
Castings P.L.C. to Report Fiscal Year 2024 Results on Jun 12, 2024 Castings P.L.C. announced that they will report fiscal year 2024 results on Jun 12, 2024 Reported Earnings • Nov 20
First half 2024 earnings released: EPS: UK£0.18 (vs UK£0.14 in 1H 2023) First half 2024 results: EPS: UK£0.18 (up from UK£0.14 in 1H 2023). Revenue: UK£111.3m (up 30% from 1H 2023). Net income: UK£7.69m (up 27% from 1H 2023). Profit margin: 6.9% (down from 7.1% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annonce • Oct 10
Castings P.L.C. to Report First Half, 2024 Results on Nov 10, 2023 Castings P.L.C. announced that they will report first half, 2024 results on Nov 10, 2023 Board Change • Aug 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Senior Independent Director Andrew Eastgate was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Aug 16
Castings P.L.C., Annual General Meeting, Aug 15, 2023 Castings P.L.C., Annual General Meeting, Aug 15, 2023, at 14:30 Coordinated Universal Time. Location: The Fairlawns Hotel and Spa, 178 Little Aston Road, Walsall, WS9 0NU Walasll United Kingdom Upcoming Dividend • Jul 13
Upcoming dividend of UK£0.14 per share at 4.4% yield Eligible shareholders must have bought the stock before 20 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (7.9%). Reported Earnings • Jun 28
Full year 2023 earnings: EPS and revenues exceed analyst expectations Full year 2023 results: EPS: UK£0.32 (up from UK£0.20 in FY 2022). Revenue: UK£201.0m (up 35% from FY 2022). Net income: UK£13.8m (up 61% from FY 2022). Profit margin: 6.9% (up from 5.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annonce • Jun 15
Castings P.L.C. Recommends Final Dividend for the Year 2023, Payable on August 18, 2023 Castings P.L.C.'s directors are recommending the payment of a final dividend of 13.51 pence per share to be paid on 18 August 2023 to shareholders on the register on 21 July 2023. This, together with the interim dividend, gives a total dividend for the year of 17.35 pence per share. Price Target Changed • Jan 11
Price target increased to UK£5.30 Up from UK£4.65, the current price target is provided by 1 analyst. New target price is 51% above last closing price of UK£3.50. Stock is down 5.9% over the past year. The company is forecast to post earnings per share of UK£0.28 for next year compared to UK£0.20 last year. Buying Opportunity • Dec 05
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be UK£4.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 28% in the next 2 years. Buying Opportunity • Nov 19
Now 20% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be UK£4.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 28% in the next 2 years. Reported Earnings • Nov 18
First half 2023 earnings released: EPS: UK£0.14 (vs UK£0.10 in 1H 2022) First half 2023 results: EPS: UK£0.14 (up from UK£0.10 in 1H 2022). Revenue: UK£85.6m (up 23% from 1H 2022). Net income: UK£6.04m (up 38% from 1H 2022). Profit margin: 7.1% (up from 6.3% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Metals and Mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive Director Andrew Eastgate was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 14
Upcoming dividend of UK£0.13 per share Eligible shareholders must have bought the stock before 21 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 83%, and the cash payout ratio is above 100%. Trailing yield: 5.0%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (11%). Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 18% share price gain to UK£3.42, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 5x in the Metals and Mining industry in the United Kingdom. Total loss to shareholders of 7.4% over the past three years. Reported Earnings • Jun 15
Full year 2022 earnings released: EPS: UK£0.20 (vs UK£0.095 in FY 2021) Full year 2022 results: EPS: UK£0.20 (up from UK£0.095 in FY 2021). Revenue: UK£148.6m (up 30% from FY 2021). Net income: UK£8.55m (up 106% from FY 2021). Profit margin: 5.8% (up from 3.6% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the mining industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Price Target Changed • Jun 11
Price target increased to UK£5.30 Up from UK£4.65, the current price target is an average from 2 analysts. New target price is 77% above last closing price of UK£3.00. Stock is down 24% over the past year. The company posted earnings per share of UK£0.095 last year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive Director Andrew Eastgate was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Non-Executive Director Andrew Eastgate was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 18
Upcoming dividend of UK£0.037 per share Eligible shareholders must have bought the stock before 25 November 2021. Payment date: 06 January 2022. Trailing yield: 4.2%. Within top quartile of British dividend payers (4.1%). Lower than average of industry peers (8.6%). Reported Earnings • Nov 14
First half 2022 earnings released: EPS UK£0.10 (vs UK£0.012 loss in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: UK£69.7m (up 67% from 1H 2021). Net income: UK£4.38m (up UK£4.89m from 1H 2021). Profit margin: 6.3% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Price Target Changed • Oct 04
Price target decreased to UK£4.00 Down from UK£4.50, the current price target is provided by 1 analyst. New target price is 16% above last closing price of UK£3.44. Stock is up 2.7% over the past year. Upcoming Dividend • Jul 15
Upcoming dividend of UK£0.12 per share Eligible shareholders must have bought the stock before 22 July 2021. Payment date: 23 August 2021. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (4.0%). Lower than average of industry peers (5.2%). Reported Earnings • Jun 18
Full year 2021 earnings released: EPS UK£0.095 (vs UK£0.23 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£114.7m (down 17% from FY 2020). Net income: UK£4.15m (down 59% from FY 2020). Profit margin: 3.6% (down from 7.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 11
New 90-day high: UK£3.90 The company is up 17% from its price of UK£3.32 on 13 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: UK£3.63 The company is up 2.0% from its price of UK£3.56 on 16 September 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 22
New 90-day high: UK£3.62 The company is up 1.0% from its price of UK£3.60 on 24 August 2020. The British market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. Reported Earnings • Nov 15
First half 2021 earnings released: UK£0.012 loss per share The company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: UK£41.7m (down 43% from 1H 2020). Net loss: UK£506.0k (down 109% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year. Is New 90 Day High Low • Sep 26
New 90-day low: UK£3.20 The company is down 13% from its price of UK£3.68 on 26 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 4.0% over the same period.