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Games Workshop Group PLC (GAW.L)

GBp20,400.00 +180.00 (+0.89%)
GB LSE Consumer Cyclical Leisure
Address Willow Road NG7 2WS
Nottingham, GB
CEO Kevin Derek Rountree
IPO 1994-09-30
ISIN GB0003718474

Explore sections of this company profile

Also trades on London Stock Exchange · GAW.L (GBp) Other OTC · GMWKF (USD)
Description

Games Workshop Group PLC, established in Nottingham, UK in 1991, operates as a multinational company specializing in the creation, production, and worldwide distribution of miniature wargames and figures. Its operations are divided into two main segments: Core and Licensing, with its global footprint spanning the United Kingdom, Continental Europe, North America, Australia, New Zealand, and Asia. The company is widely recognized for its prominent game systems, including Warhammer: Age of Sigmar and Warhammer 40,000, alongside the related Horus Heresy series. Beyond its core tabletop offerings, Games Workshop expands its universe through its Black Library imprint, which publishes a variety of literary content from short stories and audio dramas to full-length novels and audiobooks. Furthermore, the company is involved in developing digital content for television and animated productions. In addition to its main product lines, Games Workshop supplies painting and modelling accessories, boxed game sets, and gifts. It also holds interests in newsstand and trustee businesses. Products reach consumers through a diverse network, including its 518 company-owned retail stores across 23 countries (comprising 400 single-staff and 118 multi-staff locations), its official warhammer-community.com website, social media platforms, and various third-party channels such as physical bookstores, online platforms, and specialist retailers.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
GBp20,400.00 +180.00 (+0.89%)
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Volume Profile
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Liquidity & share structure
Average Volume
90.7K
Beta
0.93
Float Shares
32.44M
Free Float %
98.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.56% -4.24% +1.90% +11.01% +2.32% +4.97% +29.55% +111.05% +64.13% +3,872.00% +15,916.13%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
20,400.00
DCF (Unlevered) 14,390.09 -29.5%
DCF (Levered) 14,359.32 -29.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
43.06
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Leisure: +7.6%
    +17.5% Q4'25: +34.1% (vs Q4'23)
  • EPS growth Leisure: +13.2%
    +29.7% Q4'25: +47.7% (vs Q4'23)
  • FCF margin FCF growth · Leisure: +30.4%
    +32.8% Q4'25: +37.4% (vs Q4'23)
  • EBIT margin Leisure: +11.0%
    +42.8% Q4'25: +42.6% (vs Q4'23)
  • ROIC Leisure: +6.9%
    +101.9% Q4'25: +180.3% (vs Q4'23)
  • Share dilution Leisure: +0.0%
    +0.2% Q4'25: +0.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×
    0.15× Q4'25: 0.13× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.95) × ERP
WACC = 99% × Ke + 1% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 14,390.09 Current price: 20,400.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric May 1999
actual
May 2000
actual
May 2001
actual
May 2002
actual
May 2003
actual
May 2004
actual
May 2005
actual
May 2006
actual
May 2007
actual
May 2008
actual
May 2009
actual
May 2010
actual
May 2011
actual
May 2012
actual
May 2013
actual
May 2014
actual
May 2015
actual
May 2016
actual
May 2017
actual
May 2018
actual
May 2019
actual
May 2020
actual
May 2021
actual
May 2022
actual
May 2023
actual
May 2024
actual
May 2025
actual
May 2026
3 Rev. Ana.
3 EPS Ana.
May 2027
4 Rev. Ana.
3 EPS Ana.
May 2028
3 Rev. Ana.
2 EPS Ana.
Revenue
72.57M
est: 74.40M (-2.5%)
77.99M
est: 81.16M (-3.9%)
92.63M
est: 84.49M (+9.6%)
108.56M
est: 107.89M (+0.6%)
129.11M
est: 124.19M (+4.0%)
151.78M
est: 150.25M (+1.0%)
136.65M
est: 139.34M (-1.9%)
115.15M
est: 118.95M (-3.2%)
109.50M
est: 110.89M (-1.3%)
110.35M
est: 114.35M (-3.5%)
125.71M
est: 125.91M (-0.2%)
126.51M
est: 127.52M (-0.8%)
123.05M
est: 123.42M (-0.3%)
131.01M
est: 131.95M (-0.7%)
134.60M
est: 136.92M (-1.7%)
123.50M
est: 125.86M (-1.9%)
119.13M
est: 119.40M (-0.2%)
118.07M
est: 117.20M (+0.7%)
158.11M
est: 157.70M (+0.3%)
221.30M
est: 216.60M (+2.2%)
256.60M
est: 254.45M (+0.8%)
269.70M
est: 270.40M (-0.3%)
369.50M
est: 359.00M (+2.9%)
414.80M
est: 386.09M (+7.4%)
470.80M
est: 451.29M (+4.3%)
525.70M
est: 513.09M (+2.5%)
617.50M
est: 596.84M (+3.5%)
651.58M
638.66M – 667.70M
+9.2% YoY
690.33M
664.02M – 723.16M
+5.9% YoY
737.40M
733.51M – 741.29M
+6.8% YoY
EBITDA
16.33M
est: 34.38M (-52.5%)
14.62M
est: 17.15M (-14.8%)
14.22M
est: 11.09M (+28.3%)
18.61M
est: 17.42M (+6.8%)
23.44M
est: 21.41M (+9.5%)
26.45M
est: 28.64M (-7.7%)
23.36M
est: 23.79M (-1.8%)
14.73M
est: 17.43M (-15.5%)
8.45M
est: 10.19M (-17.1%)
12.50M
est: 4.07M (+206.9%)
19.27M
est: 8.96M (+115.0%)
24.74M
est: 17.25M (+43.4%)
25.29M
est: 25.51M (-0.9%)
29.56M
est: 27.22M (+8.6%)
30.37M
est: 63.27M (-52.0%)
21.50M
est: 58.16M (-63.0%)
21.44M
est: 56.28M (-61.9%)
22.19M
est: 55.24M (-59.8%)
48.63M
est: 74.33M (-34.6%)
86.43M
est: 102.09M (-15.3%)
91.10M
est: 101.73M (-10.4%)
115.10M
est: 103.08M (+11.7%)
178.10M
est: 123.96M (+43.7%)
192.90M
est: 133.62M (+44.4%)
211.00M
est: 145.45M (+45.1%)
243.30M
est: 157.11M (+54.9%)
308.10M
est: 280.81M (+9.7%)
307.15M
301.06M – 314.75M
+9.4% YoY
325.42M
313.02M – 340.89M
+5.9% YoY
347.61M
345.78M – 349.44M
+6.8% YoY
EBIT
12.92M
est: 28.79M (-55.1%)
7.05M
est: 13.96M (-49.5%)
9.86M
est: 6.97M (+41.4%)
13.76M
est: 12.00M (+14.6%)
17.73M
est: 15.54M (+14.1%)
20.00M
est: 21.17M (-5.5%)
14.64M
est: 18.46M (-20.7%)
4.56M
est: 11.87M (-61.6%)
-1.72M
est: 3.89M (-144.1%)
2.71M
est: -2.17M (+224.9%)
8.66M
est: 2.85M (+203.6%)
16.40M
est: 9.18M (+78.7%)
15.35M
est: 15.49M (-0.9%)
19.57M
est: 16.36M (+19.7%)
21.43M
est: 52.98M (-59.6%)
16.59M
est: 48.70M (-65.9%)
16.44M
est: 47.12M (-65.1%)
16.89M
est: 46.25M (-63.5%)
38.41M
est: 62.24M (-38.3%)
74.41M
est: 85.48M (-13.0%)
82.10M
est: 87.53M (-6.2%)
90.10M
est: 86.04M (+4.7%)
151.90M
est: 98.04M (+54.9%)
158.20M
est: 105.68M (+49.7%)
171.50M
est: 115.03M (+49.1%)
204.30M
est: 124.26M (+64.4%)
264.20M
est: 134.91M (+95.8%)
257.19M
252.09M – 263.56M
+90.6% YoY
272.49M
262.10M – 285.45M
+5.9% YoY
291.07M
289.54M – 292.60M
+6.8% YoY
Net Income
8.09M
est: 8.46M (-4.4%)
3.56M
est: 8.84M (-59.7%)
5.76M
est: 3.75M (+53.6%)
8.59M
est: 7.41M (+15.9%)
10.98M
est: 9.90M (+10.9%)
12.33M
est: 13.31M (-7.4%)
9.02M
est: 11.41M (-20.9%)
2.00M
est: 7.34M (-72.8%)
-3.48M
est: 1.85M (-287.7%)
-740.0K
est: -3.61M (+79.5%)
5.47M
est: -767.9K (+812.2%)
15.08M
est: 5.71M (+164.0%)
11.24M
est: 14.62M (-23.1%)
14.71M
est: 12.08M (+21.8%)
16.32M
est: 15.33M (+6.4%)
8.01M
est: 13.08M (-38.8%)
12.26M
est: 12.55M (-2.4%)
13.50M
est: 12.23M (+10.4%)
30.55M
est: 30.33M (+0.7%)
59.68M
est: 60.55M (-1.4%)
65.82M
est: 70.02M (-6.0%)
71.30M
est: 69.74M (+2.2%)
122.00M
est: 77.67M (+57.1%)
128.40M
est: 83.72M (+53.4%)
134.70M
est: 139.60M (-3.5%)
151.10M
est: 151.10M (+0.0%)
196.10M
est: 181.93M (+7.8%)
192.89M
184.25M – 201.54M
+6.0% YoY
210.48M
196.86M – 224.10M
+9.1% YoY
224.70M
219.10M – 230.29M
+6.8% YoY
SGA
est: 23.20M (-100.0%)
est: 37.42M (-100.0%)
est: 43.62M (-100.0%)
est: 60.28M (-100.0%)
est: 62.04M (-100.0%)
est: 83.84M (-100.0%)
46.12M
est: 76.05M (-39.4%)
46.31M
est: 69.23M (-33.1%)
47.26M
est: 68.44M (-30.9%)
44.47M
est: 79.81M (-44.3%)
50.48M
est: 78.21M (-35.5%)
49.88M
est: 82.82M (-39.8%)
48.86M
est: 77.04M (-36.6%)
80.59M
est: 83.39M (-3.4%)
78.13M
est: 42.70M (+83.0%)
71.58M
est: 39.25M (+82.4%)
67.20M
est: 37.98M (+76.9%)
69.68M
est: 37.28M (+86.9%)
82.81M
est: 50.16M (+65.1%)
92.40M
est: 114.81M (-19.5%)
102.50M
est: 108.80M (-5.8%)
107.40M
est: 109.60M (-2.0%)
121.50M
est: 102.07M (+19.0%)
130.30M
est: 110.02M (+18.4%)
151.40M
est: 119.76M (+26.4%)
172.70M
est: 129.36M (+33.5%)
183.70M
est: 189.49M (-3.1%)
207.27M
203.16M – 212.40M
+9.4% YoY
219.60M
211.23M – 230.04M
+5.9% YoY
234.57M
233.34M – 235.81M
+6.8% YoY
EPS
0.26
est: 0.27 (-3.9%)
0.11
est: 0.18 (-38.0%)
0.18
est: 0.18 (-1.7%)
0.28
est: 0.28 (+0.3%)
0.37
est: 0.35 (+6.2%)
0.41
est: 0.40 (+1.8%)
0.29
est: 0.30 (-3.0%)
0.07
est: 0.07 (-6.8%)
-0.11
est: 0.02 (-655.5%)
-0.02
est: 0.07 (-132.9%)
0.18
est: 0.15 (+18.5%)
0.48
est: 0.37 (+28.6%)
0.36
est: 0.34 (+7.0%)
0.47
est: 0.46 (+1.6%)
0.52
est: 0.49 (+6.1%)
0.25
est: 0.40 (-37.8%)
0.38
est: 0.38 (+0.0%)
0.42
est: 0.38 (+11.1%)
0.95
est: 0.92 (+3.5%)
1.85
est: 1.83 (+0.9%)
2.03
est: 1.97 (+3.1%)
2.19
est: 2.09 (+5.0%)
3.73
est: 3.72 (+0.3%)
3.91
est: 3.79 (+3.1%)
4.10
est: 4.07 (+0.7%)
4.59
est: 4.60 (-0.2%)
5.95
est: 5.49 (+8.4%)
5.89
5.58 – 6.10
+7.4% YoY
6.27
5.96 – 6.78
+6.4% YoY
6.80
6.63 – 6.97
+8.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-28 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-27 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-26 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-22 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-21 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-20 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-19 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-18 B+ 3/5 3/5 5/5 5/5 3/5 2/5 1/5
2026-05-15 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-14 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-13 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-12 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-11 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-08 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-07 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-06 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-05 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-01 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-30 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-29 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-28 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-27 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-24 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-23 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-22 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-21 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-20 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-17 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-16 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-15 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
496.12M
OE per share TTM
15.02
Owner's Yield
7.57%
Maintenance CapEx ratio
2.61%
Maint CapEx / Avg PPE
21.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
89.6K
Shares Outstanding
33.04M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kevin Derek Rountree Chief Executive Officer & Executive Director 2M male
Elizabeth Harrison Group Finance Director & Director 690.3K female
Max Bottrill Operational IP, Design Director & Director male
Neil James Tomlinson Group Operations Director & Director male
Ross Matthews Company Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits