Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

638.00p
   
  • Change Today:
      13.00p
  • 52 Week High: 645.00
  • 52 Week Low: 458.00
  • Currency: UK Pounds
  • Shares Issued: 192.14m
  • Volume: 145,931
  • Market Cap: £1,225.87m
  • 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 (15-07-2024)

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 4.4% 0.0%
Div Cover 1.2 1.2
Op Mrgn -85.7% 66.7%
ROCE n/a  
Latest F'cast
P/E 18.7 17.7
PEG 2.5 4.8
Pr/Revenue 6.7 7.9
Pr/Book 0.8  
Latest F'cast
Revenue 5.8% -16.1%
PBT n/a n/a
EPS 7.6% 4.7%
DPS 8.5% 3.3%

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-25 154.69 103.23 35.71p 17.9 3.8 +5% 28.91p 0.0%
31-Mar-26 156.48 107.75 38.56p 16.5 2.1 +8% 30.95p 0.0%
31-Mar-27 164.43 114.07 41.03p 15.6 2.4 +6% 33.20p 0.0%

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

Workspace Group Company Announcements

Q1 Business Update 11-Jul-2024 07:00 RNS
Director/PDMR Shareholding 04-Jul-2024 16:08 RNS
BLOCK LISTING SIX MONTHLY RETURN 01-Jul-2024 12:03 RNS

Latest Workspace Group Director Deals

Traded Action Notifier PriceAmountValue
28-Jun-24 Transfer To David Benson 0.000p 5,250 £0.00
28-Jun-24 Sell David Benson 589.72p 2,476 £14,601.47
28-Jun-24 Sell Graham Clemett 589.72p 3,597 £21,212.23

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 638.00p
Change Today 13.00p
% Change 2.08 %
52 Week High 645.00
52 Week Low 458.00
Volume 145,931
Shares Issued 192.14m
Market Cap £1,225.87m
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
37.62% below the market average37.62% below the market average37.62% below the market average37.62% below the market average37.62% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Price Trend
71.65% above the market average71.65% above the market average71.65% above the market average71.65% above the market average71.65% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
33.25% above the market average33.25% above the market average33.25% above the market average33.25% above the market average33.25% above the market average
18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average
Growth
6.02% above the market average6.02% above the market average6.02% above the market average6.02% above the market average6.02% above the market average
35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average

What The Brokers Say

Strong Buy 4
Buy 4
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
  Final Interim
Ex-Div 04-Jul-24 04-Jan-24
Paid 02-Aug-24 02-Feb-24
Amount 19.00p 9.00p

Trades for 15-Jul-2024

Time Volume / Share Price
16:35 91,253 @ 638.00p
16:35 264 @ 638.00p
16:35 1,255 @ 638.00p
16:35 1,297 @ 638.00p
16:35 441 @ 638.00p

Workspace Group Key Personnel

CEO Graham Clemett
CFO David Benson

Top of Page