Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €170, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 20x in the Machinery industry in Germany. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to €186, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 19x in the Machinery industry in Germany. Upcoming Dividend • Mar 12
Upcoming dividend of UK£1.40 per share Eligible shareholders must have bought the stock before 19 March 2026. Payment date: 10 April 2026. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%). Buy Or Sell Opportunity • Feb 19
Now 20% undervalued Over the last 90 days, the stock has risen 38% to €290. The fair value is estimated to be €364, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 31%. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €272, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 22x in the Machinery industry in Germany. Reported Earnings • Dec 16
First half 2026 earnings released: EPS: UK£3.52 (vs UK£1.51 in 1H 2025) First half 2026 results: EPS: UK£3.52 (up from UK£1.51 in 1H 2025). Revenue: UK£135.6m (up 28% from 1H 2025). Net income: UK£26.4m (up 133% from 1H 2025). Profit margin: 20% (up from 11% in 1H 2025). The increase in margin was driven by higher revenue. Tillkännagivande • Dec 16
Goodwin PLC to Report First Half, 2026 Results on Dec 16, 2025 Goodwin PLC announced that they will report first half, 2026 results on Dec 16, 2025 Declared Dividend • Nov 23
Dividend of UK£1.40 announced Shareholders will receive a dividend of UK£1.40. Ex-date: 19th March 2026 Payment date: 10th April 2026 Dividend yield will be 4.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 21% 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. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Nov 20
Board Member recently sold €4.9m worth of stock On the 14th of November, Matthew Goodwin sold around 23k shares on-market at roughly €215 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €21m more than they bought in the last 12 months. Board Change • Nov 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 8 non-independent directors. Independent Non Executive Director Jennifer Kelly was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 31
Upcoming dividend of UK£5.32 per share Eligible shareholders must have bought the stock before 06 November 2025. Payment date: 21 November 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.5%). Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €185, the stock trades at a trailing P/E ratio of 62.7x. Average trailing P/E is 21x in the Machinery industry in Germany. Declared Dividend • Oct 27
Final dividend of UK£1.40 announced Shareholders will receive a dividend of UK£1.40. Ex-date: 19th March 2026 Payment date: 10th April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 21% 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. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jul 31
Goodwin PLC Proposes Dividend for the Year Ended April 30, 2025, Payable on or Around 10th April, 2026 and on or Around 20th March 2026 Goodwin PLC proposes a dividend of 280 pence (2024: 133 pence) per share, an 111% increase subject to shareholder approval of the proposed dividend at the forthcoming Annual General Meeting on 1st October,2025. A final dividend of 280 pence per share, (2024: 133 pence)will be paid in equal instalments of 140 pence per share on 3rd October, 2025 and on or around 10th April, 2026 to shareholders on the register on 12th September, 2025 and on or around 20th March, 2026 respectively. Tillkännagivande • Mar 19
Goodwin PLC Announces Second and Final Dividend for the Year Ending April 30, 2024, Payable on April 11, 2025 Goodwin PLC announced with respect to dividend payments, re-confirmed that the second and final instalment of 66.5 pence per share for the year ending 30th April 2024, approved at last Annual General Meeting on 2nd October 2024, will be paid on 11th April 2025 to shareholders registered on 21st March 2025. Tillkännagivande • Sep 25
Goodwin PLC Appoints Christine Mcnamara as Non-Executive Director with Effect from the October 2, 2024 To further support the growth of Goodwin PLC, it is a pleasure to announced the appointment of Christine McNamara as a Non-Executive Director with effect from the 2nd October 2024 following the Annual General Meeting. Christine comes with an extensive and varied career within the energy and power sector. As a qualified accountant she has held multiple FD/CFO roles within large corporates, including Powergen, National Grid PLC and BG Group plc (purchased by Shell plc in 2016). In addition to sitting on multiple boards and committees, Christine's executive career has been hands on with her having spent over 17 years overseas growing regional businesses in Asia and the Middle East. Christine's responsibilities during her 25 years' experience have included financial strategy, business performance, governance, audit and risk management. Upcoming Dividend • Sep 05
Upcoming dividend of UK£0.67 per share Eligible shareholders must have bought the stock before 12 September 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 59% and the cash payout ratio is 89%. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.7%). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €80.00, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 15x in the Machinery industry in Germany. Total returns to shareholders of 137% over the past three years. Board Change • Aug 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Non Executive Director Jennifer Kelly was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 08
Goodwin PLC, Annual General Meeting, Oct 02, 2024 Goodwin PLC, Annual General Meeting, Oct 02, 2024. Location: crewe hall, weston road, crewe, cheshire, cw1 6uz, United Kingdom New Risk • Jul 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 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. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Latest financial reports are more than 6 months old (reported October 2023 fiscal period end). Board Change • Jul 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Non Executive Director Jennifer Kelly was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 01
Insider recently bought €339k worth of stock On the 28th of March, Richard Goodwin bought around 5k shares on-market at roughly €63.61 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €2.7m more in shares than they have sold in the last 12 months. Board Change • Mar 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 7 non-independent directors. Independent Non Executive Director Jennifer Kelly was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 14
Goodwin PLC to Report First Half, 2024 Results on Dec 20, 2023 Goodwin PLC announced that they will report first half, 2024 results on Dec 20, 2023 Recent Insider Transactions • Oct 12
Executive Director recently sold €283k worth of stock On the 9th of October, Bernard Rafe Goodwin sold around 5k shares on-market at roughly €60.47 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.6m more than they sold in the last 12 months. Upcoming Dividend • Sep 07
Upcoming dividend of UK£0.57 per share at 2.4% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 56% and the cash payout ratio is 99%. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.8%). Board Change • Aug 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non Executive Director Jennifer Kelly was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 10
Goodwin plc Proposes Dividend for 2023, Payable on 6 October, 2023 and on or Around 12 April, 2024 Goodwin PLC proposed to pay a dividend of 115 pence per share, up 7% on the previous year (2022:107.80 p). The proposed dividend has been calculated using the Group's profit after taxation figure, plus depreciation and amortisation for the year ending 30th April, 2023, after having excluded the non-cash £3.2 million mark to market unrealised gain relating to the 10 year interest rate swap. The Board proposes to continue to smooth the Group's cash flow by splitting the payment of the proposed ordinary dividends of 115 pence per share into equal instalments of 57.5 pence per share on 6th October, 2023 and on or around 12th April, 2024 to shareholders on the register on 15th September, 2023 and on or around 22nd March, 2024 respectively. Tillkännagivande • Aug 09
Goodwin PLC to Report Fiscal Year 2024 Results on Apr 30, 2024 Goodwin PLC announced that they will report fiscal year 2024 results on Apr 30, 2024 New Risk • Jun 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2022. 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 Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported October 2022 fiscal period end). Paying a dividend despite having no free cash flows. Board Change • Jun 15
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non Executive Director Jennifer Kelly was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 06
Goodwin PLC (LSE:GDWN) announces an Equity Buyback for 180,000 shares, representing 2.34% for £8.64 million. Goodwin PLC (LSE:GDWN) announces a share repurchase program. Under the offer, the company will repurchase up to 180,000 shares, representing 2.34% of its share capital. The shares will be repurchased at a purchase price of £48 per share. The shares repurchased will be cancelled. The company has fixed May 30, 2023, as the record date for the offer. The offer is subject to shareholder approval at the General Meeting to be held on May 30, 2023. The offer will expire on May 31, 2023. As of May 4, 2023, the company had 7,689,600 shares in issue. Tillkännagivande • Dec 22
Goodwin PLC, Annual General Meeting, Oct 05, 2023 Goodwin PLC, Annual General Meeting, Oct 05, 2023. Tillkännagivande • Aug 04
Goodwin PLC, Annual General Meeting, Oct 05, 2022 Goodwin PLC, Annual General Meeting, Oct 05, 2022, at 09:30 Coordinated Universal Time. Location: Crewe Hall, Weston Road, Crewe, Cheshire. United Kingdom Board Change • Jul 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Executive Director Nigel Brown was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
