Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

1,248.00p
   
  • Change Today:
    -20.00p
  • 52 Week High: 1,307.00p
  • 52 Week Low: 806.00p
  • Currency: UK Pounds
  • Shares Issued: 180.75m
  • Volume: 694
  • Market Cap: £2,255.70m
  • RiskGrade: 118

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 2.6% 2.9%
Div Cover 1.2 1.2
Op Mrgn 108.4% 70.7%
ROCE 6.1%  
Latest F'cast
P/E 31.2 28.3
PEG 3.0 2.7
Pr/Revenue 15.3 18.6
Pr/Book 1.2  
Latest F'cast
Revenue 15.9% -17.2%
PBT -19.4% -36.3%
EPS 10.3% 9.7%
DPS 20.0% 10.8%

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-20 123.73 87.43 44.55p 28.5 2.9 +10% 36.42p 2.9%
31-Mar-21 132.32 94.46 48.50p 26.1 2.9 +9% 39.62p 3.1%
31-Mar-22 138.21 92.00 50.94p 24.9 5.0 +5% 42.33p 3.3%

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Workspace Group Company Announcements

Total Voting Rights 13-Feb-2020 10:00 RNS
Appointment of Chief Financial Officer 10-Feb-2020 07:00 RNS
Holding(s) in Company 04-Feb-2020 13:38 RNS

Workspace Group ShareCast News

Friday broker round-up 21-Feb-2020 ShareCast
Workspace appoints Whitbread's David Benson as CFO 10-Feb-2020 ShareCast
Workspace appoints Stephen Hubbard as chairman 23-Jan-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

Traded Action Notifier PriceAmountValue
28-Jan-20 Sell Christopher Pieroni 1,219.14p 20,476 £249,631.76
28-Jan-20 Sell Christopher Pieroni 1,219.14p 64,524 £786,639.96
28-Jan-20 Sell Graham Clemett 1,219.14p 20,000 £243,828.64

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 1,248.00p
Change Today -20.00p
% Change -1.58 %
52 Week High 1,307.00p
52 Week Low 806.00p
Volume 694
Shares Issued 180.75m
Market Cap £2,255.70m
RiskGrade 118

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.72% below the market average83.72% below the market average83.72% below the market average83.72% below the market average83.72% 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
80.66% above the market average80.66% above the market average80.66% above the market average80.66% above the market average80.66% above the market average
78.38% above the sector average78.38% above the sector average78.38% above the sector average78.38% above the sector average78.38% above the sector average
Income
36.15% below the market average36.15% below the market average36.15% below the market average36.15% below the market average36.15% below the market average
69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average
Growth
19.65% above the market average19.65% above the market average19.65% above the market average19.65% above the market average19.65% above the market average
27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average27.78% above the sector average

What The Brokers Say

Strong Buy 6
Buy 1
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 24-Feb-2020

Time Volume / Share Price
08:00 600 @ 1,256.75p
08:00 94 @ 1,248.00p

Workspace Group Key Personnel

CEO Graham Clemett

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