Added to YB: 2026-06-24
Pitch date: 2026-04-15
GMWKF [bearish]
Games Workshop Group PLC
-5.06%
current return
Author Info
No bio for this author
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 6.7B
Pitch Price
GBP 193.60
Price Target
147.00 (-28%)
Dividend
2.39%
EV/EBITDA
21.40
P/E
32.51
EV/Sales
10.13
Sector
Leisure Products
Category
value
Games Workshop Group PLC - $GMWKF (short)
GMWKF (short): British Warhammer 40k maker at 28x fwd PE on broken compounder thesis. Channel checks show ~0 volume growth ex-price hikes in 2yrs, failing one-man store funnel, affiliate cannibalization, 3D printing eating 80% casual base. Amazon show/licensing unlikely; weak 11th ed reset. 1Y PT £147 (19% downside), bear £130, bull £229. Catalyst: Aug 4 print. Risks: Amazon greenlight, strong sell-through, price cuts.
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