Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

598.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 971.00
  • 52 Week Low: 537.00
  • Currency: UK Pounds
  • Shares Issued: 191.64m
  • Volume: 13,288
  • Market Cap: £1,146.00m
  • RiskGrade: 166

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 3.6% 4.3%
Div Cover 1.2 1.2
Op Mrgn 108.7% 47.5%
ROCE 6.0%  
Latest F'cast
P/E 22.8 19.2
PEG 1.0 1.0
Pr/Revenue 8.6 9.4
Pr/Book 0.6  
Latest F'cast
Revenue -6.6% -8.2%
PBT n/a -53.3%
EPS 23.0% 19.0%
DPS 21.1% 18.4%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
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%
31-Mar-21 142.30 (235.70) 21.30p 37.6 n/a -52% 17.75p 2.2%
31-Mar-22 132.90 124.00 26.20p 26.1 1.1 +23% 21.50p 3.1%

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-23 121.99 57.92 31.17p 19.2 1.0 +19% 25.45p 4.3%
31-Mar-24 128.93 67.46 33.58p 17.8 2.3 +8% 27.63p 4.6%

Copyright © 2022 FactSet Research Systems Inc. All rights reserved.

Workspace Group Company Announcements

Holding(s) in Company 11-Aug-2022 09:40 RNS
DISPOSAL OF NEWBURY MEDICAL CENTRE 26-Jul-2022 07:00 RNS
RESULTS OF ANNUAL GENERAL MEETING 21-Jul-2022 15:17 RNS

Workspace Group ShareCast News

Workspace offloads Newbury medical centre for £7... 26-Jul-2022 ShareCast
Workspace confident amid positive underlying dem... 21-Jul-2022 ShareCast
Workspace FY trading profits grow amid strong de... 08-Jun-2022 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 598.00p
Change Today 1.00p
% Change 0.17 %
52 Week High 971.00
52 Week Low 537.00
Volume 13,288
Shares Issued 191.64m
Market Cap £1,146.00m
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.76% below the market average36.76% below the market average36.76% below the market average36.76% below the market average36.76% below the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Price Trend
44.83% below the market average44.83% below the market average44.83% below the market average44.83% below the market average44.83% below the market average
94.12% below the sector average94.12% below the sector average94.12% below the sector average94.12% below the sector average94.12% below the sector average
Income
44.64% above the market average44.64% above the market average44.64% above the market average44.64% above the market average44.64% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Growth
76.76% below the market average76.76% below the market average76.76% below the market average76.76% below the market average76.76% below the market average
62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 3
Sell 1
Strong Sell 2
Total 11
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 07-Jul-22 06-Jan-22
Paid 05-Aug-22 02-Feb-22
Amount 14.50p 7.00p

Trades for 15-Aug-2022

Time Volume / Share Price
13:22 520 @ 596.52p
13:15 3 @ 598.00p
13:12 40 @ 597.00p
13:12 39 @ 596.50p
12:59 24 @ 597.00p

Workspace Group Key Personnel

CEO Graham Clemett
CFO David Benson

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