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GDWN

GoodwinLSE:GDWN Stock Report

Market Cap

UK£262.2m

7D

-3.4%

1Y

-1.2%

Updated

30 Nov, 2021

Data

Company Financials
GDWN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

GDWN Stock Overview

Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Goodwin
Historical stock prices
Current Share PriceUK£34.10
52 Week HighUK£40.00
52 Week LowUK£27.20
Beta1.12
1 Month Change-7.08%
3 Month Change8.60%
1 Year Change-1.16%
3 Year Change27.24%
5 Year Change79.00%
Change since IPO7,650.00%

Recent News & Updates

Sep 25
Investors Met With Slowing Returns on Capital At Goodwin (LON:GDWN)

Investors Met With Slowing Returns on Capital At Goodwin (LON:GDWN)

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...

Aug 31
Goodwin's (LON:GDWN) Upcoming Dividend Will Be Larger Than Last Year's

Goodwin's (LON:GDWN) Upcoming Dividend Will Be Larger Than Last Year's

The board of Goodwin PLC ( LON:GDWN ) has announced that it will be increasing its dividend on the 8th of October to...

Aug 17
Goodwin (LON:GDWN) Is Increasing Its Dividend To UK£1.02

Goodwin (LON:GDWN) Is Increasing Its Dividend To UK£1.02

Goodwin PLC ( LON:GDWN ) has announced that it will be increasing its dividend on the 8th of October to UK£1.02. This...

Shareholder Returns

GDWNGB MachineryGB Market
7D-3.4%-2.9%-2.6%
1Y-1.2%24.9%10.9%

Return vs Industry: GDWN underperformed the UK Machinery industry which returned 26.4% over the past year.

Return vs Market: GDWN underperformed the UK Market which returned 13.8% over the past year.

Price Volatility

Is GDWN's price volatile compared to industry and market?
GDWN volatility
GDWN Average Weekly Movement6.0%
Machinery Industry Average Movement4.7%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: GDWN is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GDWN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18831,129n/ahttps://www.goodwin.co.uk

Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check, axial nozzle check, and axial piston control and isolation valves for oil, petrochemical, gas, liquefied natural gas (LNG), mining, nuclear power generation, nuclear waste treatment, and water markets; submersible slurry pumps; and radar antenna systems for defense contractors, civil aviation authorities, and border security agencies. It also provides alloy casting, machining, and general engineering products for use in large construction projects such as chemical plants, oil refineries and naval vessels, nuclear waste treatment plants, high integrity offshore structural components and bridges.

Goodwin Fundamentals Summary

How do Goodwin's earnings and revenue compare to its market cap?
GDWN fundamental statistics
Market CapUK£262.22m
Earnings (TTM)UK£12.49m
Revenue (TTM)UK£131.23m

21.0x

P/E Ratio

2.0x

P/S Ratio

Is GDWN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GDWN income statement (TTM)
RevenueUK£131.23m
Cost of RevenueUK£92.21m
Gross ProfitUK£39.02m
ExpensesUK£26.53m
EarningsUK£12.49m

Last Reported Earnings

Apr 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.62
Gross Margin29.73%
Net Profit Margin9.52%
Debt/Equity Ratio26.5%

How did GDWN perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

61%

Payout Ratio

Valuation

Is Goodwin undervalued compared to its fair value and its price relative to the market?

26.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GDWN (£34.1) is trading below our estimate of fair value (£46.05)

Significantly Below Fair Value: GDWN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GDWN is good value based on its PE Ratio (21x) compared to the UK Machinery industry average (24.7x).

PE vs Market: GDWN is poor value based on its PE Ratio (21x) compared to the UK market (19x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GDWN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GDWN's PB Ratio (2.3x) is in line with the GB Machinery industry average.


Future Growth

How is Goodwin forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.6%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Goodwin has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Goodwin performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GDWN has high quality earnings.

Growing Profit Margin: GDWN's current net profit margins (9.5%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: GDWN's earnings have grown by 6.3% per year over the past 5 years.

Accelerating Growth: GDWN's earnings growth over the past year (58.8%) exceeds its 5-year average (6.3% per year).

Earnings vs Industry: GDWN earnings growth over the past year (58.8%) exceeded the Machinery industry 19.6%.


Return on Equity

High ROE: GDWN's Return on Equity (11%) is considered low.


Financial Health

How is Goodwin's financial position?


Financial Position Analysis

Short Term Liabilities: GDWN's short term assets (£95.8M) exceed its short term liabilities (£45.5M).

Long Term Liabilities: GDWN's short term assets (£95.8M) exceed its long term liabilities (£38.9M).


Debt to Equity History and Analysis

Debt Level: GDWN's net debt to equity ratio (12.7%) is considered satisfactory.

Reducing Debt: GDWN's debt to equity ratio has increased from 25.2% to 26.5% over the past 5 years.

Debt Coverage: GDWN's debt is well covered by operating cash flow (67.8%).

Interest Coverage: GDWN's interest payments on its debt are well covered by EBIT (25.5x coverage).


Balance Sheet


Dividend

What is Goodwin current dividend yield, its reliability and sustainability?

3.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GDWN's dividend (3%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).

High Dividend: GDWN's dividend (3%) is low compared to the top 25% of dividend payers in the UK market (4.17%).


Stability and Growth of Payments

Stable Dividend: GDWN's dividends per share have been stable in the past 10 years.

Growing Dividend: GDWN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.9%), GDWN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Goodwin has no CEO, or we have no data on them.


Leadership Team

Experienced Management: GDWN's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: GDWN's board of directors are considered experienced (9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GDWN insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.


Top Shareholders

Company Information

Goodwin PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Goodwin PLC
  • Ticker: GDWN
  • Exchange: LSE
  • Founded: 1883
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: UK£262.215m
  • Shares outstanding: 7.69m
  • Website: https://www.goodwin.co.uk

Number of Employees


Location

  • Goodwin PLC
  • Ivy House Foundry
  • Hanley
  • Stoke-On-Trent
  • Staffordshire
  • ST1 3NR
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 21:38
End of Day Share Price2021/11/30 00:00
Earnings2021/04/30
Annual Earnings2021/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.