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NWF Group plc (NWF) AI Stock Analysis

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GB:NWF

NWF Group plc

(LSE:NWF)

Select Model
Rating:72Outperform
Price Target:GBX 178.00â–²(10.56% Upside)
Action:upgraded
Date:10/30/26

The score is driven primarily by solid financial quality anchored in strong free cash flow and a stable balance sheet, alongside supportive technical momentum (price above key moving averages with positive MACD). Valuation further boosts the rating due to a low P/E and high dividend yield, while thin margins and increased debt keep the score from moving into a higher tier.

Positive Factors
Strong cash generationConsistently positive free cash flow indicates that operations convert activity into usable cash rather than relying solely on accounting profits. The strong 2026 rebound supports funding for investment, debt service and shareholder returns while providing resilience through changing trading conditions.
Negative Factors
Higher total debtThe substantial increase in total debt raises financial sensitivity if operating margins weaken or cash generation becomes less consistent. Although historical leverage was described as moderate, higher obligations can reduce flexibility for investment, distributions and responding to weaker trading.

NWF Group plc (NWF) vs. iShares MSCI United Kingdom ETF (EWC)

-30%-20%-10%0%10%20%30%GB:NWF-1.83%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 79.85M
Dividend Yield
5.40%
Average Volume (3M)
96.53K
Price to Earnings (P/E)
8.7
Beta (1Y)
0.43
Revenue Growth
1.90%
EPS Growth
48.28%
Country
UK
Employees
1,472
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Refining & Marketing

NWF Group plc Business Overview & Revenue Model

Company Description

NWF Group plc, along with its subsidiaries, principally engages in the distribution and sale of fuel oils across the United Kingdom. Its operations are organized into three distinct divisions: Fuels, Food, and Feeds. The Fuels segment provides domest...

How the Company Makes Money

NWF Group plc makes money primarily by sourcing products in bulk, managing logistics and storage, and selling and delivering those products to customers at a margin, supplemented by service and handling income where applicable. Key revenue streams: 1...

NWF Group plc Financial Statement Overview

Summary

Financials are supported by strong and improving cash generation (cash flow score 76; positive free cash flow each year with a strong 2026 rebound), and a generally stable balance sheet (score 62) with equity growth. Offsetting this, profitability is thin and revenue has been volatile (income statement score 58), and the step-up in total debt by 2026 increases sensitivity if margins weaken.

Income Statement

58Neutral

Balance Sheet

62Positive

Cash Flow

76Positive
Financial statement breakdown
BreakdownTTMMay 2025May 2024May 2023May 2022May 2021
Income Statement
Total Revenue920.30M920.30M903.10M950.60M1.05B878.60M
Gross Profit15.40M32.80M50.30M47.20M54.10M55.30M
EBITDA38.10M37.40M31.90M31.40M35.90M26.90M
Net Income9.20M9.20M6.20M9.10M14.90M8.40M
Balance Sheet
Total Assets285.90M285.90M260.20M237.70M217.60M213.90M
Cash, Cash Equivalents and Short-Term Investments9.00M9.00M10.90M10.00M16.30M9.10M
Total Debt69.50M69.50M64.80M46.30M29.80M28.30M
Total Liabilities191.50M191.50M173.00M152.30M139.70M145.80M
Stockholders Equity94.40M94.40M87.20M85.40M77.90M68.10M
Cash Flow
Free Cash Flow25.50M25.50M19.90M10.60M29.30M26.50M
Operating Cash Flow29.40M29.40M25.10M20.90M32.50M30.10M
Investing Cash Flow-8.40M-8.40M-14.20M-13.40M-11.70M-3.20M
Financing Cash Flow-22.90M-22.90M-16.40M-13.80M-13.60M-21.80M

NWF Group plc Technical Analysis

Technical Analysis SentimentPositive
Last Price161.00

Price Trends

50DMA151.20Positive
100DMA142.78Positive
200DMA134.90Positive

Market Momentum

MACD3.62Negative
RSI60.29Neutral
STOCH12.53Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:NWF, the sentiment is Positive. The current price of 161.00 is above the 20-day moving average (MA) of 156.38, above the 50-day MA of 151.20, and above the 200-day MA of 134.90, indicating a bullish trend. The MACD of 3.62 indicates Negative momentum. The RSI at 60.29 is Neutral, neither overbought nor oversold. The STOCH value of 12.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:NWF.

NWF Group plc Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

GB:NWF against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:CASPGB:CASP74OutperformGBP 44.77M3.4422.39%―――
GB:NWFGB:NWF72OutperformGBP 79.85M8.7410.04%5.40%1.90%48.28%
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
GB:DCCGB:DCC57NeutralGBP 5.51B149.880.55%3.36%-14.26%-79.14%
GB:TLWGB:TLW52NeutralGBP 158.17M-3.9520.15%―-21.40%30.63%
GB:QEDGB:QED50NeutralGBP 31.41M-6.90-61.19%―111.90%-23.53%
GB:AETGB:AET45NeutralGBP 191.72M-20.60-9.14%―-6.06%-127.98%

* Energy Sector Average

Performance Comparison

-50%0%50%100%150%GB:NWFGB:CASPGB:QEDGB:AETGB:TLWGB:DCCDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:NWF and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:NWFNWF Group plc161.00-3.96-2.40%
GB:CASPCaspian Sunrise1.90-0.25-11.63%
GB:QEDQuadrise Fuels International1.45-1.48-50.51%
GB:AETAfentra Plc70.8022.8047.50%
GB:TLWTullow Oil10.440.676.86%
GB:DCCDCC plc6445.001685.0035.40%

NWF Group plc Corporate Events

Business Operations and StrategyShareholder Meetings

NWF Group Shareholders Approve All Resolutions at AGM

Positive
Sep 24, 2026

NWF Group plc, a specialist distributor in UK markets, focuses on delivering distribution and related services across its targeted sectors, supporting supply chains as a key logistics partner. Its operations centre on efficient delivery and service t...

Business Operations and StrategyFinancial Disclosures

NWF Group keeps full-year outlook as divisional performance remains mixed

Neutral
Sep 24, 2026

NWF Group reported a mixed first-quarter performance across its Fuels, Food and Feeds divisions, with overall expectations for the full financial year unchanged ahead of the seasonally critical winter trading period. The Board reiterated confidence i...

Executive/Board Changes

NWF Group Grants Performance-Linked Share Awards to Senior Executives

Positive
Aug 13, 2026

NWF Group plc has granted new conditional share awards under its Company Performance Share Plan to key executives, including CEO Chris Belsham, CFO Katie Shortland, Boughey Distribution managing director Tim Moran and NWF Agriculture managing directo...

Shareholder Meetings

NWF Group Schedules 2026 Annual General Meeting in Manchester

Neutral
Aug 11, 2026

NWF Group plc has scheduled its 2026 Annual General Meeting for 24 September 2026 at 9:30 a.m. in Manchester, with full details provided in the company’s Annual Report and Financial Statements for the year ended 31 May 2026. The Notice of AGM i...

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 30, 2026