Wynnstay (WYN) AI Stock Analysis

• Market Cap: £92.28M
• Dividend Yield: 5.4%
• Average Volume (3M): 23.10K
• Price to Earnings (P/E): 35.7
• Beta (1Y): 0.19
• Revenue Growth: -10.03%
• EPS Growth: -41.77%
• Country: UK
• Employees: 908
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Agricultural Inputs
• EPS (TTM): -0.08
• Shares Outstanding: 23,127,360
• 10 Day Avg. Volume: 32,319
• 30 Day Avg. Volume: 23,097
• PEG Ratio: -2.02
• Price to Book (P/B): 0.61
• Price to Sales (P/S): 0.14
• P/FCF Ratio: 30.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £500.00
• Price Target Upside: 26.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.3
• Revenue Forecast (FY): £600.00M

• Rating: 63 Neutral
• Price Target: 416.00 p ▲(5.32% Upside)
• Action: Reiterated Date: 02/10/26
• Date: Action: Reiterated 02/10/26

The score is primarily driven by solid balance-sheet quality but weaker recent earnings and a sharp 2025 cash flow step-down. Technicals are supportive with price above major moving averages and positive MACD, while valuation is a headwind due to a high P/E despite a strong dividend yield.

Positive Factors

Conservative balance sheet

Low leverage and stable equity provide durable financial flexibility for a cyclical agricultural business. This reduces refinancing risk during weak commodity cycles, supports investment in working capital and inventory through seasons, and preserves capacity for strategic M&A or capex without stressing liquidity.

Strong historical cash conversion

Consistent conversion of earnings into free cash flow historically indicates earnings quality and reliable internal funding. Over the medium term this underpins dividend payments, funds agronomy and retail investments, and cushions the business through seasonal and commodity-driven revenue swings.

Diversified ag-focused business model

A two-pronged model across wholesale agriculture and retail creates diversified revenue streams and cross-sell opportunities. Agronomy services and supplier partnerships strengthen customer stickiness, smoothing revenue across seasons and creating enduring commercial relationships with farmers and rural consumers.

Negative Factors

Material earnings decline

A sharp multi-year drop in net income signals structural pressure on margins or volume. Persistently lower profitability restricts reinvestment, reduces retained earnings for growth initiatives, and raises the bar for management to restore operating efficiency and long-term margin improvement.

2025 cash flow step-down

A marked reduction in operating and free cash flow compresses the company’s liquidity cushion and operational flexibility. Over months this can force tighter working-capital management, deferment of capex, or external financing, increasing vulnerability to volatile seasonal demand in agriculture.

Sharply lower returns on equity

A collapsing ROE reflects deteriorating capital efficiency and weak profitability. If sustained, low ROE limits the company’s ability to generate shareholder value from invested capital and may require strategic shifts—pricing, cost structure or portfolio changes—to restore acceptable returns.

Wynnstay Business Overview & Revenue Model

Company Description

Wynnstay Group Plc manufactures and supplies agricultural products in the United Kingdom. It operates through Agriculture and Specialist Agricultural Merchanting segments. The Agriculture segment offers animal nutrition products to the agricultural market; and seeds, fertilizers, and agro-chemicals to arable and grassland farmers, as well as markets grains. The Specialist Agricultural Merchanting segment provides specialist products to farmers, smallholders, and pet owners. This segment offers its products through 54 depots; and specialist catalogues, sales trading desk, and digital sales platform. It also manufactures and acts as a distributor of equine and small animal feeds through wholesalers and retailers. Wynnstay Group Plc was founded in 1917 and is headquartered in Llansantffraid-ym-Mechain, the United Kingdom.

How the Company Makes Money

Wynnstay generates revenue through multiple key streams. The Agriculture division is the largest contributor, earning money from the sale of animal feeds, seeds, fertilizers, and crop protection products to farmers and agricultural businesses. Additionally, Wynnstay offers agronomy services, which include advice and support for crop management, further enhancing its value proposition to customers. The Retail division generates revenue through the sale of gardening, pet care, and equestrian products both in-store and online. Significant partnerships with agricultural suppliers and manufacturers allow Wynnstay to offer competitive pricing and a diverse product range, while its established reputation in the market contributes to customer loyalty and repeat business. Seasonal demand fluctuations and agricultural trends play a crucial role in shaping the company's earnings, as do the overall economic conditions impacting the farming sector.

Wynnstay Financial Statement Overview

Summary

Balance sheet strength and low leverage support the score, but operating results have weakened materially since 2022 with revenue contraction and much lower net income in 2024–2025. Cash flow has been solid historically, though 2025 showed a sharp drop in operating and free cash flow, raising near-term volatility concerns.

Income Statement

Revenue has been volatile—strong growth in 2021–2022, followed by contraction in 2024 and a modest decline again in 2025 (annual). Profitability also weakened materially versus the 2022 peak: net income fell from 17.1m (2022) to 2.8m (2024) and 2.3m (2025), with operating profit running at relatively thin levels in recent years. Offsetting this, gross profit has held up reasonably well in absolute terms, but the overall earnings trajectory is soft and more cyclical than stable.

Balance Sheet

The balance sheet appears conservative, with low leverage: debt is modest relative to equity (about 0.10–0.16 in 2020–2024), and equity is broadly stable around 131–135m in recent years. Total assets have been steady (roughly 220–257m over the period), suggesting limited balance-sheet stress. The main weakness is returns on equity trending down sharply from 2022 highs (13.1% in 2022 to ~2.1% in 2024), reflecting weaker profitability rather than financial risk.

Cash Flow

Cash generation is uneven. Operating cash flow was strong in 2023–2024 (17.2m and 19.1m), supporting healthy free cash flow (11.5m and 17.0m), but 2025 saw a sharp drop in operating cash flow to 8.5m and free cash flow to 2.7m. Over time, free cash flow has generally converted well versus reported earnings (e.g., ~0.67–0.94 in 2020–2024), which is a positive signal on earnings quality, but the latest year indicates higher volatility and reduced cash cushion.

Breakdown	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021
Income Statement
Total Revenue	583.44M	613.05M	735.88M	713.03M	500.39M
Gross Profit	80.32M	79.21M	78.84M	90.65M	67.85M
EBITDA	10.70M	12.00M	16.03M	27.63M	16.98M
Net Income	2.29M	2.79M	6.93M	17.14M	8.93M
Balance Sheet
Total Assets	220.45M	220.61M	234.16M	256.57M	194.50M
Cash, Cash Equivalents and Short-Term Investments	26.46M	38.29M	31.05M	31.18M	19.64M
Total Debt	29.78M	21.12M	20.31M	17.03M	10.40M
Total Liabilities	87.69M	85.76M	98.93M	125.86M	88.76M
Stockholders Equity	132.75M	134.85M	135.23M	130.70M	105.72M
Cash Flow
Free Cash Flow	2.67M	16.96M	11.45M	6.71M	8.28M
Operating Cash Flow	8.49M	19.13M	17.21M	10.27M	9.84M
Investing Cash Flow	-5.21M	-454.00K	-7.61M	-11.27M	-2.14M
Financing Cash Flow	-15.08M	-11.51M	-9.78M	12.48M	-7.29M

Wynnstay Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 395.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:WYN, the sentiment is Positive. The current price of 395 is above the 20-day moving average (MA) of 388.40, above the 50-day MA of 380.50, and above the 200-day MA of 358.39, indicating a bullish trend. The MACD of 2.84 indicates Positive momentum. The RSI at 59.97 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:WYN.

Wynnstay Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEP	76 Outperform	£620.62M	2.45	16.51%	4.89%	16.42%	33.07%
MSLH	68 Neutral	£371.98M	38.43	2.91%	4.18%	1.31%	10.19%
WYN	63 Neutral	£92.28M	35.66	2.74%	5.40%	-10.03%	-41.77%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
LTHM	61 Neutral	£209.85M	5.50	8.10%	3.62%	4.03%	-13.76%
AXS	56 Neutral	£148.45M	-34.00	-21.28%	―	1.45%	―
KP2	44 Neutral	£164.59M	-914.67	-0.58%	―	―	―

Wynnstay Corporate Events

Wynnstay Sets Timetable for 12.1p Final Dividend

Wynnstay Group has announced the timetable for its proposed final dividend of 12.1p per ordinary share for the financial year ended 31 October 2025. Subject to shareholder approval at the annual general meeting on 24 March 2026, the dividend will be paid on 30 April 2026 to investors on the register as of 27 March 2026.

The move underscores Wynnstay’s continued commitment to returning cash to shareholders following the release of its full-year results. The scheduled payment provides income visibility for investors in the agricultural supplier and reflects the board’s confidence in the company’s recent trading performance and financial position.

The most recent analyst rating on (GB:WYN) stock is a Hold with a £385.00 price target. To see the full list of analyst forecasts on Wynnstay stock, see the GB:WYN Stock Forecast page.

Wynnstay Lifts Profits and Dividend as Transformation Drives New Five-Year Growth Plan

Wynnstay reported a stronger underlying performance for the year to 31 October 2025, with adjusted profit before tax up 21.1% to £9.2m despite a 4.8% fall in revenue to £583.4m. Margin gains, tighter cost control and benefits from its Project Genesis transformation offset lower feed and grain activity driven by weak UK harvest conditions.

Gross profit edged higher to £80.5m, net cash remained healthy at £25.7m, and the dividend was raised for the 22nd consecutive year, underlining a robust balance sheet and shareholder focus. Operationally, profits improved across Feed & Grain, Arable and Stores, while the group completed the design phase of Project Genesis and launched a new five-year growth blueprint, Wynnstay Strategy Genesis.

The new plan targets capacity investment, better customer propositions and higher returns, aiming to strengthen Wynnstay’s market position as it builds on a more efficient operating platform. Governance will also evolve, with Chairman Steve Ellwood stepping down at the March 2026 AGM to be succeeded by Senior Independent Director Steven Esom, providing leadership continuity as the group pursues its next phase of growth.

The most recent analyst rating on (GB:WYN) stock is a Hold with a £385.00 price target. To see the full list of analyst forecasts on Wynnstay stock, see the GB:WYN Stock Forecast page.

Wynnstay Sets Date for Full-Year Results and Investor Presentation

Wynnstay Group plc, the agricultural supplies group, has announced that it will publish its full-year results for the year ended 31 October 2025 on 9 February 2026, accompanied by an analyst presentation on the same day. Management will also host a live online presentation for existing and prospective shareholders via the Investor Meet Company platform at 09:00am on 12 February 2026, enabling investors to submit questions in advance or during the event, underlining the company’s efforts to maintain active engagement and transparency with the market.

The most recent analyst rating on (GB:WYN) stock is a Hold with a £385.00 price target. To see the full list of analyst forecasts on Wynnstay stock, see the GB:WYN Stock Forecast page.

Wynnstay Directors Show Confidence with Share Purchases

Wynnstay Group plc announced that three of its directors, including the CEO, CFO, and a Senior Independent Non-Executive Director, have purchased shares in the company. This move could signal confidence in the company’s future prospects and may positively impact stakeholder perceptions, reinforcing the company’s market position in the agricultural supplies industry.

The most recent analyst rating on (GB:WYN) stock is a Hold with a £385.00 price target. To see the full list of analyst forecasts on Wynnstay stock, see the GB:WYN Stock Forecast page.

Wynnstay Group Exceeds Expectations with Strong Year-End Performance

Wynnstay Group plc reported a strong trading update for the year ended 31 October 2025, driven by the successful implementation of Project Genesis. The project has enhanced commercial focus, improved pricing discipline, and strengthened margins, leading to adjusted profit before tax exceeding market expectations at approximately £9.0m. The Feed & Grain segment saw increased profitability despite lower volumes, while the Arable segment benefited from higher fertiliser and seed sales. The company also managed to maintain stable retail sales and improved net margins through effective cost control. The completion of integration activities and asset reviews, including the consolidation of trading operations and closure of certain facilities, has streamlined operations and reduced costs. Despite non-recurring costs related to these changes, the company is well-positioned for future growth, with a strong cash position supporting further investment. The ongoing HSE investigation following a fatality in January 2025 remains unresolved.

The most recent analyst rating on (GB:WYN) stock is a Hold with a 385p price target. To see the full list of analyst forecasts on Wynnstay stock, see the GB:WYN Stock Forecast page.