Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

870.00p
   
  • Change Today:
    -5.50p
  • 52 Week High: 904.00
  • 52 Week Low: 482.40
  • Currency: UK Pounds
  • Shares Issued: 181.11m
  • Volume: 24,086
  • Market Cap: £1,575.69m
  • RiskGrade: 166
  • Beta: 0.01

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
Barclays logo

Digital Look Charts Sponsored by Barclays Stockbrokers

Financials

Latest F'cast
Div Yield 4.1% 1.9%
Div Cover 1.2 1.2
Op Mrgn 59.4% 45.3%
ROCE 3.6%  
Latest F'cast
P/E 19.6 43.2
PEG 2.0 n/a
Pr/Revenue 9.8 19.0
Pr/Book 0.8  
Latest F'cast
Revenue 8.0% -48.2%
PBT -47.2% -47.8%
EPS 9.9% -54.6%
DPS 10.0% -53.6%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-16 101.20 391.30 26.80p 29.2 0.5 +56% 15.05p 1.9%
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%

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-21 83.63 37.85 20.25p 43.2 n/a -55% 16.79p 1.9%
31-Mar-22 102.91 56.42 29.08p 30.1 0.7 +44% 24.78p 2.8%
31-Mar-23 110.67 64.20 35.00p 25.0 1.2 +20% 28.35p 3.2%

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

Workspace Group Company Announcements

BUSINESS UPDATE 06-May-2021 07:00 RNS
Total Voting Rights 30-Apr-2021 07:00 RNS
Directorate Change 21-Apr-2021 09:00 RNS

Workspace Group ShareCast News

Workspace reports strong demand for office space 06-May-2021 ShareCast
Workspace occupancy, enquiries decline in Q3 28-Jan-2021 ShareCast
JPMorgan hikes price target on Workspace 16-Dec-2020 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

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 870.00p
Change Today -5.50p
% Change -0.63 %
52 Week High 904.00
52 Week Low 482.40
Volume 24,086
Shares Issued 181.11m
Market Cap £1,575.69m
Beta 0.01
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.33% below the market average54.33% below the market average54.33% below the market average54.33% below the market average54.33% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Price Trend
7.75% below the market average7.75% below the market average7.75% below the market average7.75% below the market average7.75% below the market average
35.14% above the sector average35.14% above the sector average35.14% above the sector average35.14% above the sector average35.14% above the sector average
Income
17.95% above the market average17.95% above the market average17.95% above the market average17.95% above the market average17.95% above the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Growth
30.22% above the market average30.22% above the market average30.22% above the market average30.22% above the market average30.22% 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 2
Sell 1
Strong Sell 2
Total 9
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 Interim
Ex-Div 02-Jul-20 09-Jan-20
Paid 07-Aug-20 05-Feb-20
Amount 24.49p 11.67p

Trades for 17-May-2021

Time Volume / Share Price
13:58 69 @ 870.00p
13:58 107 @ 870.00p
13:55 245 @ 870.00p
13:52 161 @ 870.00p
13:49 21 @ 870.00p

Workspace Group Key Personnel

CEO Graham Clemett
CFO David Benson

Top of Page