Educational information, not financial advice or a personal recommendation. Not regulated by the FCA. Do your own research. Capital at risk.

Bodycote plc (BOY.L)

Industrials Balanced

Bodycote bakes, strengthens, and treats metal parts for the aerospace and car industries so they do not snap under pressure.

£7.22
≈ 722p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is Bodycote plc a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Solid market position in specialist heat treatment. Worth weighing: Gross margins are relatively thin at fourteen percent. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price+3.5%
52-week range+17% past year
£7.22
Low £5.85High £8.50
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into Bodycote plc
£1,035+4%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Bodycote plc actually fallen?

−34%

Over the last 2 years of daily prices, Bodycote plc fell as much as −34% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£1.22B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
425.90K
Day range: The lowest and highest price the shares traded at during the latest day.
£7.22 – £7.61
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£5.85 – £8.50
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
21.2
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
3.2%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.35
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.35
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -1% past week · ▲ +17% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Wider adoption of advanced materials locks in long-term industrial contracts.

The bear case

Profound industrial recession hits heavy manufacturing demand permanently.

What does Bodycote plc do?

Whenever an aeroplane engine or a car gearbox needs to withstand extreme heat and wear, it often goes through Bodycote's massive industrial furnaces for specialist heat treatment. The company charges manufacturing clients for these metallurgical upgrades, keeping things ticking over with modest revenue growth: How fast the company's sales grew versus a year ago.. The key thing to keep an eye on is whether its profit margins can keep expanding as customer demand shifts across different global sectors.

VQGMI
Factor profile

On our factor screen it looks strongest on growth and income, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 45Quality: How profitable and financially healthy the company is (higher = stronger). 44Growth: How fast revenue and earnings are growing (higher = faster). 51Momentum: How the share price has been trending recently (higher = stronger recent run). 43Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 47
Quick checks
What's strong
  • Solid market position in specialist heat treatment
  • Decent dividend payout for income seekers
  • Earnings showing healthy double-digit year-on-year growth
What to watch
  • Vulnerability to fluctuating energy and gas prices
  • Broader economic slowdowns hitting car and plane production
  • Higher sensitivity to market swings than average UK shares

What do Bodycote plc's numbers mean?

P/E
21.2
This shows how many pounds investors are paying for every pound of current yearly profit.
Lower than most of the 106 Industrials shares we cover
Forward P/E
12.8
This looks at future expected profits, suggesting the price might look cheaper relative to tomorrow's earnings than today's.
Lower than most of the 123 Industrials shares we cover
Dividend yield
3.2%
This tells you the annual cash payout to shareholders as a percentage of the share price.
Higher than most of the 123 Industrials shares we cover
Beta
1.4
This indicates the shares tend to bounce around more dramatically than the wider stock market.

Does Bodycote plc pay a dividend?

Yes - Bodycote plc currently pays a dividend of about 3.2% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about Bodycote plc's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield3.2%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio68%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover1.5×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

When does Bodycote plc report earnings, and how did recent quarters go?

Bodycote plc is next scheduled to report on about 2027-03-10 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Industrials

Space Exploration Technologies Corp.GE VernovaGlobal Payments Inc.Delta Air LinesVertiv Holdings CoHowmet Aerospace Inc.EMCOR Group, Inc.Southwest Airlines Co.

What are the scenarios for Bodycote plc?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£9£7£5today · £7▲ Bull · £8• Base · £7▼ Bear · £6in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +18%Stronger short-term demand from aerospace clients lifts sentiment.
Base
-2% to +5%Steady industrial conditions keep performance ticking along.
Bear
-15% to -22%A sudden slowdown in car manufacturing dampens near-term order books.

What are the pros and cons of Bodycote plc?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Solid market position in specialist heat treatment
  • Decent dividend payout for income seekers
  • Earnings showing healthy double-digit year-on-year growth
The catch3
  • Gross margins are relatively thin at fourteen percent
  • Relatively high beta means a bumpy ride for investors
  • Heavy reliance on traditional manufacturing sectors
Key risks3
  • Vulnerability to fluctuating energy and gas prices
  • Broader economic slowdowns hitting car and plane production
  • Higher sensitivity to market swings than average UK shares
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: none · Charts by TradingView Lightweight Charts™
Found this useful? The Almanac is free and ad-free - a coffee keeps it that way.Support →

Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.