Added to YB: 2026-03-25
Pitch date: 2026-03-23
GDWN.L [neutral]
Goodwin PLC
-13.18%
current return
Author Info
Company Info
Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally.
Market Cap
GBP 897.4M
Pitch Price
GBP 129.00
Price Target
N/A
Dividend
2.34%
EV/EBITDA
14.13
P/E
22.63
EV/Sales
3.66
Sector
Machinery
Category
turnaround
Goodwin PLC - $GDWN.L
GDWN.L (exited position): Lost £45M+ Sellafield tender & €18M Estonia radar contract despite strong tech. LNG orders delayed (not cancelled) amid Gulf tensions. Duvelco commercial sales pushed to FY27, 'not substantial in early years' vs prior bullish guidance. Reversing divi policy to 38% (from 58%) of lower earnings signals concern. Stock down sharply; author sold entire 35% portfolio position after 6yrs of 39% EPS CAGR.
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