Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

494.50p
   
  • Change Today:
      2.00p
  • 52 Week High: 663.00
  • 52 Week Low: 481.00
  • Currency: UK Pounds
  • Shares Issued: 192.14m
  • Volume: 79,725
  • Market Cap: £950.15m
  • RiskGrade: 166
  • Beta: 1.08

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 (24-12-2024)

1 Day Chart

6 Month Chart

6 Month Chart
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Financials

Latest F'cast
Div Yield 5.7% 0.0%
Div Cover 1.2 1.2
Op Mrgn -85.7% 66.5%
ROCE n/a  
Latest F'cast
P/E 14.5 14.1
PEG 1.9 4.4
Pr/Revenue 5.2 6.2
Pr/Book 0.6  
Latest F'cast
Revenue 5.8% -17.2%
PBT n/a n/a
EPS 7.6% 3.2%
DPS 8.5% 4.5%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
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 25.80p 26.6 1.3 +21% 21.50p 3.1%
31-Mar-23 174.20 (37.50) 31.70p 13.8 0.6 +23% 25.80p 5.9%
31-Mar-24 184.30 (192.80) 34.10p 15.0 1.9 +8% 28.00p 5.5%

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-25 152.61 101.55 35.18p 14.1 4.5 +3% 29.27p 0.0%
31-Mar-26 159.85 106.67 37.18p 13.3 2.3 +6% 31.03p 0.0%
31-Mar-27 165.07 112.75 40.54p 12.2 1.4 +9% 33.06p 0.0%

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

Workspace Group Company Announcements

Director/PDMR Shareholding 17-Dec-2024 16:05 RNS
Director/PDMR Shareholding 28-Nov-2024 12:59 RNS
WORKSPACE GROUP PLC HALF YEAR RESULTS 22-Nov-2024 07:00 RNS

Workspace Group ShareCast News

Workspace hikes dividend after first-half growth 22-Nov-2024 ShareCast
Workspace opens first 'net zero' building in Isl... 13-Nov-2024 ShareCast
Workspace offloads Raynes Park industrial site f... 08-Nov-2024 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
17-Dec-24 Buy David Stevenson 508.39p 786 £3,995.91
27-Sep-24 Transfer From Graham Clemett 0.000p 48,548 £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 494.50p
Change Today 2.00p
% Change 0.41 %
52 Week High 663.00
52 Week Low 481.00
Volume 79,725
Shares Issued 192.14m
Market Cap £950.15m
Beta 1.08
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.02% below the market average16.02% below the market average16.02% below the market average16.02% below the market average16.02% below the market average
4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average
Price Trend
14.74% below the market average14.74% below the market average14.74% below the market average14.74% below the market average14.74% below the market average
31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average31.03% above the sector average
Income
53.39% above the market average53.39% above the market average53.39% above the market average53.39% above the market average53.39% above the market average
18.18% above the sector average18.18% above the sector average18.18% above the sector average18.18% above the sector average18.18% above the sector average
Growth
11.57% above the market average11.57% above the market average11.57% above the market average11.57% above the market average11.57% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 2
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 09-Jan-25 04-Jul-24
Paid 03-Feb-25 02-Aug-24
Amount 9.40p 19.00p

Trades for 24-Dec-2024

Time Volume / Share Price
12:35 34,720 @ 494.50p
12:35 1 @ 494.50p
12:35 253 @ 494.50p
12:35 368 @ 494.50p
12:35 616 @ 494.50p

Workspace Group Key Personnel

CFO David Benson
CEO Lawrence Hutchings

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