Added to YB: 2025-08-05
Pitch date: 2025-08-01
GAW.L [neutral]
Games Workshop Group PLC
+19.19%
current return
Author Info
Sophon Capital Management is a solo analyst with experience both on the buyside (at a Tiger Grand Cub, long/short hedge fund) and on the sell-side (covering Internet at a Wall Street investment bank) who is scouring the public markets for compounding machines and hidden assets. Sign up for the newsletter.
Company Info
Games Workshop Group PLC, together with its subsidiaries, engages in the design, manufacture, distribution, and sale of fantasy miniature figures and games in the United Kingdom, Continental Europe, North America, Australia, New Zealand, Asia, and internationally.
Market Cap
GBP 4.8B
Pitch Price
GBP 163.27
Price Target
250.00 (+28%)
Dividend
3.55%
EV/EBITDA
16.22
P/E
24.65
EV/Sales
7.67
Sector
Leisure Products
Category
growth
Games Workshop (GAW) Annual Earnings Recap
GAW.L (earnings update): Record FY25 with EPS £5.93 (+4% vs model), raising FY27 from £7.02 to £7.50 (vs consensus £5.27). PT raised £190→£250 (33x P/E). PBT +29.5% YoY to £262.8m, revenue +17.5% to £617.5m. Core sales +14%, licensing +69% (Space Marine 2). Dividend +40% (~3% yield). Amazon partnership upside potential. Trade channel +19.9%.
Read full article (3 min)