Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

1,167.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 1,168.00
  • 52 Week Low: 789.50
  • Currency: UK Pounds
  • Shares Issued: 180.61m
  • Volume: 235,913
  • Market Cap: £2,107.76m
  • RiskGrade: 145
  • Beta: 0.63

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.

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Financials

Latest F'cast
Div Yield 2.8% 3.2%
Div Cover 1.2 1.2
Op Mrgn 108.4% 71.3%
ROCE 6.1%  
Latest F'cast
P/E 28.7 25.5
PEG 2.8 2.1
Pr/Revenue 14.1 17.3
Pr/Book 1.1  
Latest F'cast
Revenue 15.9% -17.2%
PBT -19.4% -35.7%
EPS 10.3% 12.4%
DPS 20.0% 11.8%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-15 83.60 360.00 17.20p 49.7 2.1 +24% 12.04p 1.4%
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%

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-20 123.75 88.28 45.62p 25.6 2.1 +12% 36.74p 3.2%
31-Mar-21 133.01 95.48 49.61p 23.5 2.7 +9% 39.99p 3.4%

Copyright © 2019 FactSet Research Systems Inc. All rights reserved.

Workspace Group Company Announcements

Total Voting Rights 27-Nov-2019 11:41 RNS
Disposal of Quality Court 27-Nov-2019 07:00 RNS
Standard form for notification of major holdings 18-Nov-2019 15:36 RNS

Workspace Group ShareCast News

Workspace sells Holborn property for ?15.8m 27-Nov-2019 ShareCast
Monday broker round-up 25-Nov-2019 ShareCast
Friday broker round-up 15-Nov-2019 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 1,167.00p
Change Today 3.00p
% Change 0.26 %
52 Week High 1,168.00
52 Week Low 789.50
Volume 235,913
Shares Issued 180.61m
Market Cap £2,107.76m
Beta 0.63
RiskGrade 145

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.61% below the market average79.61% below the market average79.61% below the market average79.61% below the market average79.61% below the market average
48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average
Price Trend
87.78% above the market average87.78% above the market average87.78% above the market average87.78% above the market average87.78% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Income
26.35% below the market average26.35% below the market average26.35% below the market average26.35% below the market average26.35% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average
Growth
14.96% above the market average14.96% above the market average14.96% above the market average14.96% above the market average14.96% above the market average
8.57% above the sector average8.57% above the sector average8.57% above the sector average8.57% above the sector average8.57% above the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 3
Sell 0
Strong Sell 3
Total 13
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-20 04-Jul-19
Paid 05-Feb-20 02-Aug-19
Amount 11.67p 22.26p

Trades for 09-Dec-2019

Time Volume / Share Price
16:35 100,422 @ 1,167.00p
16:29 1 @ 1,162.00p
16:29 185 @ 1,163.00p
16:29 270 @ 1,163.00p
16:29 130 @ 1,163.00p

Workspace Group Key Personnel

CEO Graham Clemett

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