GWA Group (ASX:GWA): How Are Brokers Rating the Shares After FY26?

Sonal Goyal

09 October 2026 12:36 PM AEDT

GWA Group (ASX:GWA): How Are Brokers Rating the Shares After FY26?

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Highlights

Consensus rating of Buy from 4 analysts: 2 Buy or equivalent, 2 Hold, 0 Sell or equivalent.
Mean price target of A$2.59 against a share price of A$1.99 on 8 October 2026, an implied upside of 30.3%.
Analyst targets range from A$2.30 to A$2.87.
Total sales were $422.3 million, up 0.9%.

GWA Group (ASX:GWA) carries a consensus analyst rating of Buy. Of the 4 analyst recommendations recorded, 2 are Buy or equivalent, 2 are Hold and 0 are Sell or equivalent. The mean price target is A$2.59, with targets ranging from A$2.30 to A$2.87, against a current share price of A$1.99 (8 October 2026). GWA Group Limited is an Australian supplier of bathroom and kitchen products, with brands that include Caroma and Methven.

Company name	GWA Group
Ticker	(ASX:GWA)
Exchange	ASX (Australian Securities Exchange)
Current share price	A$1.99
Price date	8 October 2026
Number of analysts	4
Rating consensus	Buy
Consensus price target (mean)	A$2.59
Highest target	A$2.87
Lowest target	A$2.30
Implied upside/downside to mean target	Implied upside of 30.3%

Latest developments

GWA Group (ASX:GWA) released its FY26 Annual Report on 25 September 2026 for the 12 months ended 30 June 2026. Total sales were $422.3 million, up 0.9%. Normalised EBIT was $78.2 million, up 2.5%, and reported EBIT was $76.8 million. Normalised NPAT was $48.8 million and reported NPAT was $48.0 million, with the EBIT Margin at 18.5%, compared with 18.2%. Normalised NPAT excludes significant items after tax of $0.9 million, compared with $3.1 million in FY25.

The final Dividend is 8.5 cents per share, fully franked, bringing the full-year dividend to 16.5 cents per share, fully franked. The report states that improved operational measures, including delivery in full and on time performance, resonated with customers.

Sector context

The company supplies water products for residential and commercial buildings, so Demand relates to renovation, new construction and repair and maintenance activity. It reports sales growth of 0.9% in FY26.

Risks and what to watch

Sales growth was 0.9% and EBIT growth 2.5% on a normalised basis, so Earnings growth was modest. Building products demand depends on housing activity, renovation spending and costs. Normalised measures exclude significant items, and the report's change figures for reported EBIT and NPAT should be read with the report's full tables.

Next milestones

Items to watch include payment of the 8.5 cent final dividend, sales and margin trends in FY27, housing and renovation activity, and the half-year result.

FAQs

Q: What is the consensus analyst rating for GWA Group (ASX:GWA)?

A:The consensus rating is Buy, based on 4 analyst recommendations: 2 Buy or equivalent, 2 Hold and 0 Sell or equivalent.

Q: What are the analyst price targets for GWA Group (ASX:GWA)?

A:The mean price target is A$2.59, with a highest target of A$2.87 and a lowest target of A$2.30. The share price on 8 October 2026 was A$1.99.

Q: What did GWA Group (ASX:GWA) report for FY26?

A:GWA reported total sales of $422.3 million, normalised EBIT of $78.2 million, normalised NPAT of $48.8 million and a full-year dividend of 16.5 cents per share, fully franked.

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