종합 밸류에이션 구간 · 보수적 120–135 / 적정 170–230 / 낙관적 265–300. 203.6 기준, 적정 내재가치 구간 내.
보고서 발행 시 217（2026년 6월 26일）
Warhammer 40,000 11th Edition launched with the Armageddon boxed set as a key release.
Possible impact:May affect core tabletop demand, new-player conversion and channel pricing expectations.
Reports said 11th Edition pre-orders began in June ahead of the Armageddon box release.
Possible impact:May influence expectations for the product cycle, inventory turns and hobby-community demand.
The 11th Edition Armageddon reveal drew attention, while Combat Patrol support received criticism.
Possible impact:May affect launch sentiment, core-player retention and expectations for follow-on expansion sales.
Automatically summarized from public sources; for context only, not investment advice.
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Games Workshop Group PLC, together with its subsidiaries, engages in the design, manufacture, distribution, and sale of fantasy miniature figures and games in the United Kingdom, Continental Europe, North America, Australia, New Zealand, Asia, and internationally. It operates in two segments, Core and Licensing. The company offers games under the Warhammer 40,000, Warhammer: The Horus Heresy, Warhammer: The Old World, Warhammer: Age of Sigmar, Necromunda, Blood Bowl, and the Lord of the Rings brand names. It also publishes short stories, audio dramas, full length novels, and audio books under the Black Library name; and produces motion picture, video, and television programs. In addition, the company provides merchandise, apparel, video games accessories, display art, and action figures; and design, produces, and sells various books and accessories, as well as plastic and resin kits, and painting guides. Further, it grants licenses to third parties for the development of video games, PC games, media and other products; and engages in the magazine newsstand and trustee businesses. It offers its products through its retail stores, independent retailers, and web stores. The company was incorporated in 1991 and is headquartered in Nottingham, the United Kingdom.
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