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UK engineering group making precision castings, mechanical products and refractory materials for defense and industrial markets.
UK engineering group making precision castings, mechanical products and refractory materials for defense and industrial markets.
Casts large steel and special-alloy parts to customer order, so it is paid per contract and its order book, built up months or years ahead on defence and energy projects, indicates future work. A mechanical engineering arm makes valves and pumps for energy and industrial users.
In one line: A UK niche precision-castings/engineering conglomerate.
Moat: narrow (process know-how, customer qualification, IP / patents). Specialized casting know-how qualified into long-cycle defense and energy contracts.
Headquarters: Stoke-on-Trent, UK · Founded: 1883
Size Goodwin (GDWN.L) is a United Kingdom Industrials company (Industrial Machinery) with a market value of $1.46B, the 189th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £14,480 on 6 Nov 2026.
Performance Over six months the shares gained 16.0%, against -25.8% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue grew 2.3% over the last twelve months (peer median +19.0%); the operating margin is 12.8% (peer median 8.7%).
Valuation It trades at 15.7× enterprise value to sales against a peer median of 2.4× (3rd most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 48% a year for seven years (Req g). Recent delivered growth is -12%, so the hurdle is +60 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 8.3 points below its cost of capital (13.4% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | £68.9M | £67.3M | £191M | £186M |
| Revenue growth | — | +2% | -65% | +3% | — |
| Gross profit | n/a | £31.9M | £31.0M | £77.9M | £46.4M |
| EBITDA | n/a | £18.6M | £22.2M | £36.4M | £29.7M |
| Net income | n/a | £55.5M | £24.6M | £16.9M | £15.9M |
| Free cash flow | n/a | £48.5M | £45.0M | £11.9M | £10.3M |
| Capital expenditure | n/a | £15.2M | £16.3M | £17.4M | £20.7M |
| Total debt | n/a | £1.43M | £32.1M | £75.9M | £54.0M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GDWN.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.4% | -12.9% | 4th highest of 21 |
| 6-month return | +16.0% | -25.8% | 2nd highest of 20 |
| Distance from 52-week high | -49.2% | -53.0% | 10th highest of 21 |
| Revenue growth (TTM) | +2.3% | +19.0% | 3rd lowest of 20 |
| Operating margin | 12.8% | 8.7% | 7th highest of 20 |
| EV / Sales | 15.7× | 2.4× | 3rd most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 47.7% | 12.6% | most demanding of 11 |
| Growth delivered (Del g) | -12.1% | +11.2% | lowest of 11 |
| Hurdle (Req g minus delivered) | +59.8 pp | +1.9 pp | most demanding of 11 |
| ROIC minus cost of capital | -8.3 pp | -0.6 pp | 4th lowest of 20 |
| EV / EBITDA | 58.0× | 10.8× | most expensive of 6 |
| Net debt / EBITDA | -0.7× | -0.3× | 2nd least indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Goodwin GDWN.L | United Kingdom | $1.46B | +16% | +2% | 13% | 15.7× | 47.7% | -12.1% |
| Shenzhen Qiangrui Precision Technology 301128.SZ | China | $1.46B | -47% | +56% | 10% | 4.0× | n/a | n/a |
| Hongyuan Green Energy 603185.SS | China | $1.46B | -34% | +14% | -15% | 1.3× | n/a | n/a |
| Qinchuan Machine Tool & Tool Group Share 000837.SZ | China | $1.46B | -14% | +8% | -4% | 2.3× | n/a | n/a |
| LU-VE LUVE.MI | Italy | $1.47B | -13% | +8% | 10% | 2.2× | 14.5% | +8.6% |
| Crompton Greaves Consumer Electricals CROMPTON.NS | India | $1.47B | -26% | +12% | 8% | 1.6× | 20.5% | +11.0% |
| Interroll INRN.SW | Switzerland | $1.47B | -11% | +2% | 13% | 1.9× | 1.4% | -0.6% |
| Zhuzhou Huarui Precision Cutting Tools 688059.SS | China | $1.44B | -33% | +23% | 36% | 8.4× | n/a | n/a |
| Test Research 3030.TW | Taiwan | $1.44B | -51% | +32% | 40% | 4.6× | -2.5% | +11.3% |
| Ningbo Donly 002164.SZ | China | $1.49B | +49% | +5% | 5% | 6.6× | n/a | n/a |
| Wasion 3393.HK | Hong Kong | $1.43B | -59% | +22% | 16% | 1.1× | -11.3% | +19.7% |
| Hymson Laser Technology 688559.SS | China | $1.41B | -34% | +78% | 1% | 1.7× | 11.9% | +26.3% |
| Changzheng Engineering Technology 603698.SS | China | $1.51B | -57% | -4% | 7% | 2.7× | n/a | n/a |
| Jiangsu Huahong Technology Stock 002645.SZ | China | $1.52B | -38% | +57% | 5% | 1.0× | n/a | n/a |
| Guangdong Huicheng Vacuum Technology 301392.SZ | China | $1.41B | -25% | +48% | 7% | 15.9× | n/a | n/a |
| Rokae (Shandong) Robotics 3752.HK | Hong Kong | $1.52B | n/a | +105% | -5% | 16.3× | n/a | n/a |
| Jirfine Intelligent Equipment 301603.SZ | China | $1.53B | -12% | +43% | 15% | 3.0× | 28.5% | +26.7% |
| CKD 6407.T | Japan | $1.54B | -40% | +11% | 14% | 1.4× | 12.4% | +8.1% |
| Sunrise Energy Metals SRL.AX | Australia | $1.38B | -16% | n/a | n/a | n/a | n/a | n/a |
| Jiangsu Guomao Reducer 603915.SS | China | $1.37B | -11% | +11% | 9% | 2.6× | 16.3% | +4.0% |
| Ningbo Haitian Precision Machinery 601882.SS | China | $1.56B | -1% | +19% | 11% | 2.4× | 12.8% | +15.6% |