Live · 07 Oct 2026 SPX 7,766.87 -0.67% NDX 30,995.47 -0.73% VIX 15.74 +4.86% GOLD 4,131.30 -1.33% CL 89.55 +0.12% BTC 82,897.78 -3.11%
NAS100 30,995 −0.73% S&P 7,767 −0.67% GOLD $4,131 −1.33% BTC $82,898 −3.11% VIX 15.74 +4.86% live tape · as of 15:04 UTC
The Screen · Technology · Scientific & Technical Instruments

Renishaw plc

RSW.L · LSE · GBp · Market cap $376.4B · 4,975 employees

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide.

Not yet scored
5,175.00 GBp

Screen close, 2026-09-18 · not a live quote
Last reviewed 19 days ago

Screened 2026-09-18 · the tape above runs as of 15:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed

PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
2,587.502,587.502,879.88

What this means: price 5,175.00 against the desk's fair-value range, base estimate 2,587.50, over the last year.

Current read
Markup ?
Screened · screened 2026-09-18
  • Trend Markup
  • Insiders no filings inside 60 days, left as found
  • Positioning no disclosures inside 60 days, left as found
  • Options no verdict drawn today, left as found
  • Ethical screen not yet scored
Price5,175.00 GBp
Fair value2,587.50
Ethical score70.0/100
Our investment reviews on this name
2026-10-02Read Markup5,175.00+0.0% to today ✓
2026-08-12Read Distribution5,030.00+2.9% to today
2026-07-02Read Markup5,030.00+2.9% to today ✓

Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.

The full research record, in depth, below
The Label · The Season, Not the Day

This name holds its markup label.

Renishaw plc holds its Markup at $5,175.00. The statistical read favours the buyers, held for 2 days.

As held on the ledger · 2026-09-18
PhaseMarkup
Quantitative stateThe statistical read favours the buyers, held for 2 days
Price at the screen$5,175.00
Valuation5,073.53 trailing · 2,774.96 forward price to earnings
Values screenNot scored · score 70.0
Beta1.15
The Workings

Five Screens, Shown in Full

This security has not been fully scored against the values screen yet.

TestFigureLimitWhat it meansStatus
Business activity Permissible Core business clean Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
Debt load 1.74% Below 33% Interest-bearing debt is just 1.7% of its assets, well under the one-third ceiling: it does not run on borrowed money. Pass
Interest-bearing cash 8.96% Below 33% Cash held in interest-bearing accounts and securities is 9.0% of assets, under the one-third limit. Pass
Receivables 24.05% Below 49% Money owed to the company is 24.0% of assets, under the 49% limit. Pass
Revenue purity Excluded Below 5% of revenue comes from non-compliant sources, over the 5% line. Fail

Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.

The Ethical Read

The Read, in Plain English

Renishaw clears the business-activity screen and the figures we can measure look clean, but its income-purity figure is still pending, so the verdict is not final yet.

Read as at 2026-10-07. It updates when the underlying figures move, and past reads are kept below.

What the Numbers Say It Is Worth

The Fair Value Range

2,587.50Conservative2,587.50Base case2,879.88Growth case 5,175.00Price

Fair value range in GBp, drawn from the 2026-09-18 screen. The gold marker is the market price at the same screen. The price runs 50.0% above the base estimate.

The Street's Range
2,779.00Street low 4,960.00Street average 6,000.00Street high 5,175.00Price

Third-party analyst targets: 7 covering, consensus Hold. The average target sits −4% from the screen price.

Reading the gap · Both our model and the Street see limited upside at this price.

Price History & Projections
$6,273$4,294$2,315TODAY5y agoPROJECTIONStreet high$6,000.00 +19%Street avg$4,960.00 -2%Conservative$2,587.50 -49%Our fair value$2,587.50 -49%

Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-18 screen.

Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.

The Business, in Plain Words
The fundamentals · plain-English read
Forward P/E2,775.0xexpensive even after accounting for its growth
Trailing P/E5,073.5xexpensive: the price assumes strong growth ahead
EPS, trailing1.02
EPS, forward1.86
Revenue growth+7.1%slow but positive growth
Profit margin10.1%thin but positive margins
Return on equity8.2%a modest return on shareholder capital
FCF yield1.10%
Dividend yield155.00%
Debt to equity1.61a meaningful debt load worth watching
Current ratio4.57comfortably covers its short-term bills
Beta1.15moves a little more than the market
52-week range2,695.00 - 5,490.00
Market cap$376.4B
Employees4,975

The risks · The things to watch: its business and earnings are exposed to United Kingdom and to currency swings; it carries a real debt load, which raises the stakes if revenue slips.

Plain-English interpretation of our own screen data. Analysis, not advice.

Where & How to Trade

RSW.L trades on LSE (the company is based in United Kingdom). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The Dated Journal · Newest First, Never Edited

Every Entry, As Written

2026-10-02 Markup · changed $5,175.00 +2.9% Entry 6

The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 2.9% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 38% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 86%. Our forward projection puts the odds of a 10% gain over the next month near 24%. The street (8 analysts) rates it none, with a mean price target of $4503. Since the last review it its composite score eased.

2026-09-12 Distribution $5,030.00 +0.0% Entry 5

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 38% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 86%. Our forward projection puts the odds of a 10% gain over the next month near 24%. The street (8 analysts) rates it none, with a mean price target of $4503.

2026-08-12 Distribution · changed $5,030.00 +0.0% Entry 4

The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 38% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 86%. Our forward projection puts the odds of a 10% gain over the next month near 24%. The street (8 analysts) rates it none, with a mean price target of $4503.

2026-07-18 Markup $5,030.00 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 38% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 86%. Our forward projection puts the odds of a 10% gain over the next month near 24%. The street (8 analysts) rates it none, with a mean price target of $4503.

2026-07-03 Markup $5,030.00 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

2026-07-02 Markup $5,030.00 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $5,185.00 -2.7% · $973 -2.7%
2 months $3,776.00 +33.6% · $1,336 +33.6%
3 months $3,985.00 +26.6% · $1,266 +26.6%
6 months $3,479.86 +45.0% $16.80 $1,455 +45.5%
1 year $2,714.43 +85.9% $78.10 $1,887 +88.7%
2 years $4,018.19 +25.6% $154.30 $1,294 +29.4%
3 years $4,031.24 +25.2% $230.50 $1,309 +30.9%
5 years $5,374.50 -6.1% $371.90 $1,008 +0.8%

Historical returns from market close data. Past performance does not guarantee future results.

The Ledger's Promise

This entry now belongs to the ledger. Whatever RSW.L does next, these words stay.

Renishaw plc · RSW.L · Markup · $5,175.00
Recorded 2026-09-18 · before the outcome · scored mechanically

Membership

Thirteen thousand names carry this page. One desk keeps them honest.

Membership opens the full screen archive, the composites built from it, and the daily coverage that prices what the screen approves.

Join the desk

Screening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.

Get our weekly market brief free.