Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

809.50p
   
  • Change Today:
      40.50p
  • 52 Week High: 1,307.00
  • 52 Week Low: 560.00
  • Currency: UK Pounds
  • Shares Issued: 180.75m
  • Volume: 196,929
  • Market Cap: £1,463.16m
  • RiskGrade: 330

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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6 Month Chart

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Financials

Latest F'cast
Div Yield 4.1% 4.0%
Div Cover 1.2 1.5
Op Mrgn 108.4% 65.3%
ROCE 6.1%  
Latest F'cast
P/E 19.9 16.4
PEG 1.9 1.7
Pr/Revenue 9.8 10.6
Pr/Book 0.7  
Latest F'cast
Revenue 15.9% -16.8%
PBT -19.4% -40.9%
EPS 10.3% 9.6%
DPS 20.0% -11.4%

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-20 124.25 81.09 44.49p 18.2 1.9 +10% 29.11p 4.0%
31-Mar-21 111.71 64.01 34.58p 23.4 n/a -22% 28.81p 3.9%
31-Mar-22 120.96 79.67 43.65p 18.5 0.7 +26% 34.56p 4.7%

Copyright © 2020 FactSet Research Systems Inc. All rights reserved.

Workspace Group Company Announcements

Notice of Results 26-May-2020 09:00 RNS
Holding(s) in Company 19-May-2020 07:00 RNS
Total Voting Rights 05-May-2020 12:42 RNS

Workspace Group ShareCast News

Workspace offers customers rent reduction amid C... 17-Apr-2020 ShareCast
Workspace mulls dividend after half of rent is u... 07-Apr-2020 ShareCast
Friday broker round-up 21-Feb-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 809.50p
Change Today 40.50p
% Change 5.27 %
52 Week High 1,307.00
52 Week Low 560.00
Volume 196,929
Shares Issued 180.75m
Market Cap £1,463.16m
RiskGrade 330

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.22% below the market average27.22% below the market average27.22% below the market average27.22% below the market average27.22% below the market average
2.70% above the sector average2.70% above the sector average2.70% above the sector average2.70% above the sector average2.70% above the sector average
Price Trend
29.93% below the market average29.93% below the market average29.93% below the market average29.93% below the market average29.93% below the market average
31.58% below the sector average31.58% below the sector average31.58% below the sector average31.58% below the sector average31.58% below the sector average
Income
34.28% above the market average34.28% above the market average34.28% above the market average34.28% above the market average34.28% above the market average
35.29% below the sector average35.29% below the sector average35.29% below the sector average35.29% below the sector average35.29% below the sector average
Growth
32.24% above the market average32.24% above the market average32.24% above the market average32.24% above the market average32.24% above the market average
56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 4
Sell 1
Strong Sell 1
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-20 04-Jul-19
Paid 05-Feb-20 02-Aug-19
Amount 11.67p 22.26p

Trades for 03-Jun-2020

Time Volume / Share Price
16:35 56,078 @ 809.50p
16:29 2 @ 808.50p
16:29 2 @ 808.50p
16:29 151 @ 807.50p
16:29 137 @ 807.50p

Workspace Group Key Personnel

CEO Graham Clemett
CFO David Benson

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