Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

436.80p
   
  • Change Today:
    -6.20p
  • 52 Week High: 722.00
  • 52 Week Low: 343.40
  • Currency: UK Pounds
  • Shares Issued: 191.64m
  • Volume: 429,115
  • Market Cap: £837.08m
  • RiskGrade: 166

Workspace Group Overview

Workspace Group rents out offices, studios, and warehouses to small and medium sized enterprises in London and the South East. Tenants can utilise the groups’ privileged insurance scheme, Workspace Plus Insurance, and many apartments are being networked with internet through their joint venture with Centric Telecom.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 4.9% 0.0%
Div Cover 1.2 1.2
Op Mrgn 108.7% 63.0%
ROCE 6.0%  
Latest F'cast
P/E 16.7 14.6
PEG 0.7 1.0
Pr/Revenue 6.3 5.8
Pr/Book 0.5  
Latest F'cast
Revenue -6.6% 8.2%
PBT n/a -26.9%
EPS 23.0% 14.3%
DPS 21.1% 17.0%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-18 128.90 170.40 36.80p 27.0 1.3 +20% 27.39p 2.8%
31-Mar-19 149.40 137.30 40.60p 24.0 2.4 +10% 32.87p 3.4%
31-Mar-20 161.40 72.50 44.60p 17.0 1.7 +10% 36.16p 4.8%
31-Mar-21 142.30 (235.70) 21.30p 37.6 n/a -52% 17.75p 2.2%
31-Mar-22 132.90 124.00 26.20p 26.1 1.1 +23% 21.50p 3.1%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Workspace Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-23 143.85 90.60 29.94p 14.6 1.0 +14% 25.15p 0.0%
31-Mar-24 142.68 91.39 31.19p 14.0 3.4 +4% 25.65p 0.0%
31-Mar-25 149.02 95.46 33.36p 13.1 1.9 +7% 27.81p 0.0%

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Workspace Group Company Announcements

Holding(s) in Company 15-Mar-2023 14:34 RNS
WORKSPACE COMPLETES DISPOSAL OF RIVERSIDE 10-Mar-2023 07:00 RNS
Holding(s) in Company 01-Mar-2023 13:43 RNS

Latest Workspace Group Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Workspace Group Market Data

Currency UK Pounds
Share Price 436.80p
Change Today -6.20p
% Change -1.40 %
52 Week High 722.00
52 Week Low 343.40
Volume 429,115
Shares Issued 191.64m
Market Cap £837.08m
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.74% below the market average7.74% below the market average7.74% below the market average7.74% below the market average7.74% below the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Price Trend
35.21% below the market average35.21% below the market average35.21% below the market average35.21% below the market average35.21% below the market average
23.53% below the sector average23.53% below the sector average23.53% below the sector average23.53% below the sector average23.53% below the sector average
Income
40.37% above the market average40.37% above the market average40.37% above the market average40.37% above the market average40.37% above the market average
22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average22.58% below the sector average
Growth
82.81% below the market average82.81% below the market average82.81% below the market average82.81% below the market average82.81% below the market average
87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average87.88% below the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 3
Sell 1
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Workspace Group Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Jan-23 07-Jul-22
Paid 01-Feb-23 05-Aug-22
Amount 8.40p 14.50p

Trades for 31-Mar-2023

Time Volume / Share Price
16:38 12,535 @ 436.80p
16:37 25,000 @ 436.80p
16:35 344,257 @ 436.80p
16:35 1 @ 436.80p
16:35 191 @ 436.80p

Workspace Group Key Personnel

CEO Graham Clemett
CFO David Benson

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