Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

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967.00p
   
  • Change Today:
      9.00p
  • 52 Week High: 1,165.00
  • 52 Week Low: 861.50
  • Currency: UK Pounds
  • Shares Issued: 180.37m
  • Volume: 154,506
  • Market Cap: £1,744.22m
  • RiskGrade: 103

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 (17-10-2018)

1 Day Chart

6 Month Chart

6 Month Chart
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Financials

Latest F'cast
Div Yield 2.8% 3.5%
Div Cover 1.3 1.2
Op Mrgn 146.8% 65.4%
ROCE 8.4%  
Latest F'cast
P/E 26.3 23.7
PEG 1.3 2.2
Pr/Revenue 13.5 16.1
Pr/Book 1.0  
Latest F'cast
Revenue 18.5% -15.8%
PBT 91.9% -58.3%
EPS 20.3% 10.9%
DPS 30.0% 19.4%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-14 73.60 252.50 13.90p 42.6 3.0 +14% 10.63p 1.8%
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%

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-19 108.55 71.02 40.82p 23.7 2.2 +11% 32.72p 3.5%
31-Mar-20 120.77 82.43 46.13p 21.0 1.6 +13% 36.72p 3.9%

Copyright © 2018 FactSet Research Systems Inc. All rights reserved.

Workspace Group Company Announcements

Capital Markets Event 10-Oct-2018 09:04 RNS
Cancellation of bonds 08-Oct-2018 07:00 RNS
Holding(s) in Company 01-Oct-2018 10:31 RNS

Workspace Group ShareCast News

Friday broker round-up 14-Sep-2018 ShareCast
Workspace buys Shepherds Bush property for £125m 13-Sep-2018 ShareCast
Workspace redeems 6pc bonds ahead of 2019 maturi... 10-Sep-2018 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 967.00p
Change Today 9.00p
% Change 0.94 %
52 Week High 1,165.00
52 Week Low 861.50
Volume 154,506
Shares Issued 180.37m
Market Cap £1,744.22m
RiskGrade 103

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.84% below the market average79.84% below the market average79.84% below the market average79.84% below the market average79.84% below the market average
15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average15.15% below the sector average
Price Trend
57.41% above the market average57.41% above the market average57.41% above the market average57.41% above the market average57.41% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Income
16.75% below the market average16.75% below the market average16.75% below the market average16.75% below the market average16.75% below the market average
54.84% below the sector average54.84% below the sector average54.84% below the sector average54.84% below the sector average54.84% below the sector average
Growth
54.53% above the market average54.53% above the market average54.53% above the market average54.53% above the market average54.53% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 5
Sell 0
Strong Sell 1
Total 7
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 05-Jul-18 11-Jan-18
Paid 03-Aug-18 06-Feb-18
Amount 18.55p 8.84p

Trades for 17-Oct-2018

Time Volume / Share Price
16:54 508 @ 961.50p
16:54 100 @ 965.00p
16:54 200 @ 965.00p
16:54 347 @ 962.34p
16:54 314 @ 965.25p

Workspace Group Key Personnel

CFO Graham Clemett
CEO Jamie Hopkins

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