Windar Photonics PLC

3.85pAs of Sun 8 Nov 2026, 12:00 UTC

LSE:WPHOTechnology

Ctry United Kingdom

PE (Fwd) •••

TSR 10Y CAGR (27.38%)

Div yield —

ROE (54.78%)

Hardware, Equipment & Parts

Beta (5Y) 2.31

PE TTM —

TSR TTM (93.30%)

Mkt cap £7.956M

ROIC (29.25%)

SE Grade™

Value

Quality

Moat

Consensus

Reference

4.52p

17.31%

(72.86%)

Hold 0|1|1|12|5

TTM

FYE 31 Dec EUR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

5Y

10Y

Peers

0.221

Revenue€M

1.020

1.079

1.149

1.238

1.306

1.376

1.512

1.664

1.761

1.905

0.240

7.85%

7.20%

75

8.42

Revenue growth%

21.87

24.05

25.34

24.48

24.72

24.17

24.64

23.34

24.81

23.40

21.68

24.17

24.32

67

21.44

Gross margin%

3.18

1.72

2.58

1.83

0.40

0.40

0.63

0.47

0.40

1.72

24.39

0.47

1.17

40

8.90

Operating margin%

9.09

11.99

10.75

8.19

9.67

12.28

12.48

13.66

13.79

16.79

23.75

13.66

12.14

52

27.31

Net margin%

7.10

4.34

3.63

3.64

5.10

2.72

2.14

0.89

0.40

0.40

9.28

0.89

3.18

44

14.00

P/E ratio (avg)x

13.40

13.09

12.99

12.36

13.20

13.62

13.36

13.19

13.49

12.83

9.516

13.36

13.19

89

22.89

EV/EBITx

38.43

37.59

40.74

47.86

53.60

61.67

74.61

75.67

89.08

97.68

31.96

75.67

57.63

82

14.54

FCF yield (avg)%

28.88

29.13

27.15

28.42

30.78

30.75

30.85

28.83

31.13

33.40

17.05

30.85

29.94

67

24.55

FCF margin%

29.20

32.14

31.15

33.39

31.36

31.30

31.06

30.58

28.18

27.63

27.59

30.58

31.11

40

0.526

FCF / Net incomex

1.978

2.133

1.992

1.857

1.729

1.803

2.003

2.078

2.138

2.240

1.607

2.078

1.997

58

25.07

ROIC%

19.43

18.60

21.37

23.48

24.65

25.02

26.69

25.52

24.80

26.27

25.96

25.52

24.73

25

4.32

Return on equity%

12.25

10.09

10.07

10.34

12.70

13.16

14.45

11.93

13.85

12.88

3.25

13.16

12.48

10

13.86

Return on assets%

10.99

11.79

13.22

12.01

12.21

14.30

13.35

15.61

17.30

14.32

22.44

14.32

13.28

91

—

EPS€

—

—

—

0.01

0.01

0.01

0.01

0.01

0.01

0.01

—

(2.14%)

2.45%

—

25.17

EPS growth%

25.71

25.63

27.31

24.54

26.13

23.39

25.53

27.10

29.72

29.54

22.08

27.10

25.92

86

—

Bookvalue per sh€

—

—

—

—

0.01

0.01

0.01

—

0.01

0.01

0.01

3.33%

5.38%

—

—

FCF per share€

—

—

—

—

—

—

—

—

—

—

—

10.68%

10.87%

—

—

Dividend per sh€

—

—

—

—

—

—

—

—

—

—

—

(4.03%)

(0.90%)

—

17.32

Div yield (avg)%

22.92

25.07

25.80

24.31

26.76

26.60

27.05

27.27

25.99

23.53

4.49

26.60

25.90

72

18.24

Payout ratio%

17.96

18.36

16.43

17.50

19.90

17.98

20.21

23.08

20.27

20.24

14.68

20.24

19.13

86

204.0

Shares (diluted)M

172.2

180.6

167.4

156.1

172.9

185.8

202.8

199.1

218.6

227.2

207.9

5.62%

2.99%

78

10.53

Buyback yield%

26.95

25.92

27.51

25.28

28.01

25.75

25.21

25.57

26.34

24.31

15.09

25.57

25.83

70

0.612

D/E ratiox

1.475

1.436

1.647

1.623

1.706

1.888

1.938

2.189

2.579

3.082

0.231

2.189

1.797

94

0.911

Enterprise value€M

1.179

1.177

1.138

1.209

1.135

1.025

1.079

1.145

1.224

1.353

0.882

3.58%

2.27%

90

0.570

LT debt€M

1.903

2.051

2.180

2.191

2.535

2.704

2.720

3.199

3.163

3.122

1.583

4.26%

6.15%

50

Peers (US$10.57M)

Cap (US$)

PE

Kromek Group plc

47.97M

54.40x

29.89M

—

Light Science Technolo…

10.89M

—

Leader Electronics…

10.64M

—

Capital

TTM

5Y

10Y

Leveragex

1.689

(0.158)

(0.147)

EBIT/Intx

0.577

0.638

0.629

Own earn%

230.47

(94.24)

(118.53)

Sh yield%

27.85

52.33

52.29

Owners

Insiders/Inst%

10.87

27.07

Short interest%

0.57

SBC / revenue%

2.11

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

3

Op margin range%

8–17

$1 testx

−0.1

Incr. ROIC%

17

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

€1.905M

7.20%

1.00×

Cost of revenue

€1.161M

7.63%

1.04×

Operating expenses

€0.451M

6.62%

0.95×