Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Goodwin PLC is a longstanding mechanical and refractory engineering company founded in 1883 and incorporated in 1935, specializing in the design, manufacture, and supply of high-quality products and solutions. Operating through two core divisions, its Mechanical Engineering segment produces high-technology metallic, composite, and electronic products for sectors including defense, surveillance, aerospace, mining, oil, gas, water, and power generation, encompassing complete air traffic control and surveillance radar systems. The Refractory Engineering division supplies formulated, mineral-based products and processed minerals to industries such as jewelry, aerospace, automotive, horticulture, and fire protection. With subsidiaries in over ten countries across the United Kingdom, United States, Rest of Europe, Pacific Basin, and Rest of World, Goodwin PLC maintains a global presence, emphasizing quality assurance, on-time delivery, competitive pricing, and environmentally responsible manufacturing. Majority family-owned and managed by the Goodwin family, the company invests in research, development, strategic acquisitions, and employee growth, establishing market leadership in specialist product lines and resilience through diversified sectors.
£176.40
+£3.60 (+2.08%)
EOD Jul 3, 2026
16.89% operating margin is respectable but not wide. ROIC at 15.05%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue up 14.9% YoY with margins expanding 2.8pp.
At 54x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
53.9x earnings, 31.6x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£220M
▲ +14.9% YoY
Net Income (TTM)
£26M
▲ +47.8% YoY
Op. Margin
16.89%
▲ +2.8pp YoY
ROIC
15.05%
▲ +4.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£42M
▲ +331.2% YoY
Op. Cash Flow (TTM)
£55M
▲ +190.5% YoY
Net Debt
£14M
Cash & Equiv.
£18M
3Y CAGR: +15.1%
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At a P/E of 53.9 and a price-to-free-cash-flow of 31.6, Goodwin (GDWN.XLON) trades below a two-stage DCF intrinsic value of about £279.84 per share, so at £176.40 the stock looks undervalued (58.6% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Goodwin scores 82/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.8%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about £279.84 per share for GDWN.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around £209.88. At today's £176.40, that puts the stock about 58.6% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Goodwin scores 82 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 16.9% operating margin and a 15.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Goodwin pays a regular dividend of about £1.33 per share per year (typically in quarterly installments), a yield of roughly 0.8% at the current price. That is a payout ratio of about 38.2% of earnings, so the dividend is amply covered by earnings. Goodwin has grown the dividend at roughly 13.5% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For GDWN.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. GDWN.XLON currently trades below its estimated intrinsic value and scores 82/100 on quality (high-quality). It also yields about 0.8%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.