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Goodwin (GDWN) AI Stock Analysis

GB:GDWN

Goodwin

(LSE:GDWN)

Select Model
Rating:60Neutral
Price Target:GBX 15,792.00â–²(8.02% Upside)
Action:reiterated
Date:10/01/26

The score is driven primarily by solid financial positioning (low leverage and strong recent cash flow) but is held back by the sharp 2026 revenue contraction and reduced confidence in earnings durability. Technicals are notably weak with bearish momentum and the stock trading below key moving averages. Valuation is mixed: a high dividend yield helps, while an elevated P/E tempers the upside.

Positive Factors
Conservative balance sheetMaterially lower leverage and very low absolute debt give Goodwin a stronger financial cushion. This improves resilience during industrial-cycle volatility, reduces financing pressure, and preserves flexibility to support operations or pursue growth without relying heavily on additional borrowing.
Negative Factors
Sharp 2026 revenue contractionA 72.3% revenue contraction materially weakens confidence in near-term business momentum and makes prior growth trends less dependable. Unless sales recover, lower scale can pressure operating leverage, customer reach, and the sustainability of the company’s earnings base.

Goodwin (GDWN) vs. iShares MSCI United Kingdom ETF (EWC)

-60%-40%-20%0%20%40%GB:GDWN-32.17%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 1.10B
Dividend Yield
6.70%
Average Volume (3M)
23.73K
Price to Earnings (P/E)
27.6
Beta (1Y)
1.01
Revenue Growth
―
EPS Growth
―
Country
UK
Employees
1,296
Sector
Industrials
Sector Strength
63
Industry
Industrial - Machinery

Goodwin Business Overview & Revenue Model

Company Description

Goodwin PLC, founded in 1883 and headquartered in Stoke-on-Trent, United Kingdom, is a global entity providing mechanical and refractory engineering solutions across the UK, Europe, the United States, the Pacific Basin, and other international market...

Goodwin Financial Statement Overview

Summary

Strong balance sheet (materially lower leverage, very low debt in 2026) and solid recent cash generation (strong operating cash flow and free cash flow in 2025–2026). Offsetting this, the 2026 annual report shows a very sharp revenue decline (-72.3%) and an unusual profit profile versus sales, reducing confidence in earnings quality and near-term stability.

Income Statement

60Neutral

Balance Sheet

78Positive

Cash Flow

73Positive
Financial statement breakdown
BreakdownTTMApr 2025Apr 2024Apr 2023Apr 2022Apr 2021
Income Statement
Total Revenue248.93M68.86M219.71M191.26M185.74M144.11M
Gross Profit112.80M32.74M91.61M77.89M46.22M42.70M
EBITDA65.65M19.73M46.81M37.87M29.04M30.17M
Net Income39.65M55.45M24.57M16.90M15.90M12.98M
Balance Sheet
Total Assets298.81M323.47M285.87M284.23M262.83M218.98M
Cash, Cash Equivalents and Short-Term Investments19.89M14.13M18.46M32.12M19.66M11.65M
Total Debt28.33M1.43M32.13M75.93M53.98M43.14M
Total Liabilities192.91M187.45M143.66M157.58M133.68M99.24M
Stockholders Equity101.24M130.64M138.16M122.28M124.75M115.31M
Cash Flow
Free Cash Flow50.84M48.49M41.90M9.72M8.38M-8,000
Operating Cash Flow70.16M61.80M58.19M27.12M29.13M17.99M
Investing Cash Flow-14.74M-14.66M-16.01M-16.88M-20.52M-18.09M
Financing Cash Flow-19.61M-45.80M-55.92M987.00K-281.00K-3.79M

Goodwin Technical Analysis

Technical Analysis SentimentNeutral
Last Price14620.00

Price Trends

50DMA15121.14Negative
100DMA16170.24Negative
200DMA17119.13Negative

Market Momentum

MACD-26.12Negative
RSI50.48Neutral
STOCH76.72Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:GDWN, the sentiment is Neutral. The current price of 14620.00 is above the 20-day moving average (MA) of 14325.00, below the 50-day MA of 15121.14, and below the 200-day MA of 17119.13, indicating a neutral trend. The MACD of -26.12 indicates Negative momentum. The RSI at 50.48 is Neutral, neither overbought nor oversold. The STOCH value of 76.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:GDWN.

Goodwin Peers Comparison

Overall Rating

UnderperformOutperform
Sector (63)

Financial Indicators

GB:GDWN against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:IMIGB:IMI76OutperformGBP 6.75B21.0132.41%1.23%7.67%45.97%
GB:RORGB:ROR76OutperformGBP 4.02B33.1821.48%1.69%2.22%25.89%
GB:WEIRGB:WEIR65NeutralGBP 6.59B25.0613.45%1.65%5.84%-14.62%
Sector *63Neutral$10.79B15.437.44%2.01%2.89%-14.66%
GB:AVGGB:AVG62NeutralGBP 280.68M38.385.57%0.66%4.43%2.67%
GB:GDWNGB:GDWN60NeutralGBP 1.10B27.6434.20%6.70%――
GB:MGAMGB:MGAM52NeutralGBP 721.44M39.195.79%4.67%-5.58%-32.73%

* Industrials Sector Average

Performance Comparison

-50%-25%0%25%50%GB:GDWNGB:AVGGB:IMIGB:MGAMGB:RORGB:WEIRDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:GDWN and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:GDWNGoodwin plc14620.00-7313.23-33.34%
GB:AVGAvingtrans plc760.00274.4856.53%
GB:IMIIMI plc2878.00526.1022.37%
GB:MGAMMorgan Advanced Materials261.0066.9034.47%
GB:RORRotork (ROR)494.00159.7647.80%
GB:WEIRWeir Group plc (The)2556.00-319.21-11.10%

Goodwin Corporate Events

Business Operations and StrategyShareholder Meetings

Goodwin PLC Shareholders Approve All Resolutions at Annual General Meeting

Positive
Oct 8, 2026

Goodwin PLC confirmed that all ordinary resolutions put to shareholders at its annual general meeting on 7 October were approved, underscoring broad investor support for the company’s governance proposals. The detailed proxy voting results have...

Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresM&A Transactions

Goodwin PLC Sets Post-Disposal Growth Path as Refractory and Tech Units Strengthen

Positive
Sep 30, 2026

Goodwin PLC reported resilient trading in its continuing businesses for the four months to 31 August 2026, with overseas refractory profits up 19 percent to £3.1 million despite maintenance disruptions and weaker demand in some precious metal-re...

Business Operations and StrategyFinancial DisclosuresM&A Transactions

Goodwin to Sell Major Engineering Arm to Cerberus in £1.1bn Deal

Positive
Sep 9, 2026

Goodwin PLC has agreed to sell a substantial portion of its Mechanical Engineering division, including steel castings, international engineering, Noreva, Easat and pumps, to an affiliate of Cerberus Capital Management for up to approximately £1....

Business Operations and StrategyM&A Transactions

Goodwin in Advanced Talks on £1.1 Billion Sale of Mechanical Engineering Assets

Neutral
Sep 9, 2026

Goodwin PLC has confirmed it is in advanced talks to sell a substantial portion of its Mechanical Engineering division, comprising Goodwin Steel Castings, Goodwin International, Noreva, Easat Group and Pumps, to funds advised by Cerberus Capital Mana...

DividendsFinancial DisclosuresRegulatory Filings and ComplianceShareholder Meetings

Goodwin PLC Publishes 2026 Accounts and Sets Final Dividend Timetable

Positive
Aug 28, 2026

Goodwin PLC has published its Directors’ Report and Accounts for the year ended 30 April 2026, making the documents available on its website and arranging for their submission to the Financial Conduct Authority’s national storage mechanis...

Business Operations and StrategyDividendsFinancial DisclosuresM&A TransactionsProduct-Related Announcements

Goodwin PLC Posts Record Profits and Moves to Sell Mechanical Engineering Arm

Positive
Aug 28, 2026

Goodwin PLC reported record trading profit of £77.5 million for the year to 30 April 2026, up 118% on the prior year, on revenues of £280 million, and proposed an 18% increase in its ordinary dividend. The strong performance was driven by r...

Business Operations and StrategyM&A Transactions

Goodwin Launches Strategic Review of Mechanical Engineering Division

Neutral
Aug 7, 2026

Goodwin PLC has launched a strategic review of its Mechanical Engineering division in response to recent market speculation about a potential asset sale. The review aims to explore options to maximise shareholder value while maintaining operational c...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 01, 2026