Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

845.50p
   
  • Change Today:
    -3.00p
  • 52 Week High: 920.50
  • 52 Week Low: 482.40
  • Currency: UK Pounds
  • Shares Issued: 181.12m
  • Volume: 145,512
  • Market Cap: £1,531.34m
  • 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 (23-07-2021)

1 Day Chart

6 Month Chart

6 Month Chart
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Financials

Latest F'cast
Div Yield 2.1% 2.6%
Div Cover n/a 1.2
Op Mrgn n/a 51.0%
ROCE n/a  
Latest F'cast
P/E 39.7 30.4
PEG n/a 1.3
Pr/Revenue 10.8 15.1
Pr/Book 0.9  
Latest F'cast
Revenue n/a -32.7%
PBT -47.2% n/a
EPS n/a 23.4%
DPS n/a 21.4%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-17 108.80 88.80 30.60p 25.7 1.8 +14% 21.07p 2.7%
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%

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-22 95.74 48.78 26.29p 32.2 1.4 +23% 21.55p 2.6%
31-Mar-23 104.09 59.72 32.45p 26.1 1.1 +23% 27.26p 3.3%

Copyright © 2021 FactSet Research Systems Inc. All rights reserved.

Workspace Group Company Announcements

APPOINTMENT OF NON-EXECUTIVE DIRECTOR 23-Jul-2021 07:00 RNS
Result of AGM 22-Jul-2021 13:47 RNS
FIRST QUARTER BUSINESS UPDATE 22-Jul-2021 07:00 RNS

Workspace Group ShareCast News

Wednesday broker round-up 30-Jun-2021 ShareCast
RBC Capital upgrades Workspace to 'outperform' 30-Jun-2021 ShareCast
Thursday broker round-up 24-Jun-2021 ShareCast

Workspace Group Top Newspaper Links

William Hill joins rights issue rush 15-Feb-2009 Sunday Telegraph
Workspace first REIT to tap investors with £87m ... 28-Jan-2009 Telegraph
Firms chase more capital 25-Jan-2009 Sunday Times

Latest Workspace Group Director Deals

Traded Action Notifier PriceAmountValue
28-Jun-21 Sell Graham Clemett 837.91p 5,021 £42,071.25
28-Jun-21 Transfer From Graham Clemett 0.000p 10,649 £0.00

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 845.50p
Change Today -3.00p
% Change -0.35 %
52 Week High 920.50
52 Week Low 482.40
Volume 145,512
Shares Issued 181.12m
Market Cap £1,531.34m
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.23% below the market average37.23% below the market average37.23% below the market average37.23% below the market average37.23% below the market average
37.93% below the sector average37.93% below the sector average37.93% below the sector average37.93% below the sector average37.93% below the sector average
Price Trend
24.58% above the market average24.58% above the market average24.58% above the market average24.58% above the market average24.58% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income
15.47% above the market average15.47% above the market average15.47% above the market average15.47% above the market average15.47% above the market average
62.96% below the sector average62.96% below the sector average62.96% below the sector average62.96% below the sector average62.96% below the sector average
Growth
38.81% above the market average38.81% above the market average38.81% above the market average38.81% above the market average38.81% above the market average
25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 5
Sell 1
Strong Sell 1
Total 11
neutral
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
  Final Final
Ex-Div 01-Jul-21 02-Jul-20
Paid 06-Aug-21 07-Aug-20
Amount 17.75p 24.49p

Trades for 23-Jul-2021

Time Volume / Share Price
16:35 56,547 @ 845.50p
16:29 116 @ 848.50p
16:29 1 @ 848.50p
16:29 125 @ 848.50p
16:29 1 @ 848.00p

Workspace Group Key Personnel

CEO Graham Clemett
CFO David Benson

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