Stocks/GAW.L

GAW.L

Games Workshop Group PLC
Consumer Cyclical·Leisure
$19,860.00
$6.6B market cap
Revenue
$650.1M
Free Cash Flow
$256.4M
Rev Growth
+0.0%
FCF Margin
39.4%
P/FCF
25.6x
EV/FCF
25.3x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Games Workshop Group PLC, together with its subsidiaries, designs, manufactures, distributes, and sells miniature figures and games in the United Kingdom, Continental Europe, North America, Australia, New Zealand, Asia, and internationally. It operates in two segments, Core and Licensing. The company offers games under the Warhammer: Age of Sigmar and Warhammer 40,000 names, as well as Horus Heresy, an off shoot of Warhammer 40,000. It also publishes short stories, audio dramas, full length nove

2-Year Price History

$20560.00+121.8%
$10.0k$12.0k$14.0k$16.0k$18.0k$20.0kvolJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall (GBP M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q2332.1164.3141.8105.5139.6124.2-15.4171.187.333.098.8%205.4x19.5x
Act2025-Q4318.0159.1135.3100.9143.7132.2-11.5132.645.233.1146.9%227.3x--

Valuation & Metrics

Market Stats

Price$19,860.00
Market Cap$6.6B
Enterprise Value$6.5B
P/S Ratio10.1x
P/FCF25.6x
EV/FCF25.3x
FCF Margin (TTM)39.4%
FCF Yield3.9%
Dividend Yield (TTM)2.4%
Annual Dilution0.0%
CurrencyGBp

TTM Financial Snapshot

Revenue$650.1M
Net Income$206.4M
Free Cash Flow$256.4M

Revenue Growth (YoY)+0.0%
EBITDA Margin49.7%
Net Margin31.7%
FCF Margin39.4%
CapEx % of Revenue4.1%
SBC % of Revenue0.0%
ROIC122.8%
WC Change % Rev-1.2%
Interest Coverage215.6x

Forward Outlook & Risk

Employees

Headcount2,950
Revenue / Employee$220,373
Gross Profit / Employee$159,220

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
0.0%(+0.0% YoY)
1 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2025-092025-12
ActiveRetail fundsPassiveMarket makersRetail direct

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-0.70%
avg per quarter
Holders (ex-self)
-0.43%
excl. this stock
Buyers (this Q)
-0.70%
1 buyers · $0.00B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-3.0%
how holders react when this stock falls
On quiet Qs
-2.5%
−10% to +10% baseline
On rallies (+10%+)
-1.5%
how they react when this stock rises
Holders' portfolio flow this Q
+0.9%
inflows — adds are organic
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.

Biggest decreases this quarter

Top-5 holders · 0.0%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

05901K2K2K$14249$15376$16503$17631$187582025-092025-12
hover the chart for per-quarter detailprice (right axis)
O'Brien Greene & Co. Inc2KSteigerwald, Gordon & Koch Inc.