Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

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987.00p
   
  • Change Today:
    -10.50p
  • 52 Week High: 1,165.00
  • 52 Week Low: 789.50
  • Currency: UK Pounds
  • Shares Issued: 180.38m
  • Volume: 32,247
  • Market Cap: £1,780.36m
  • RiskGrade: 97
  • Beta: 0.01

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 2.7% 3.2%
Div Cover 1.3 1.2
Op Mrgn 146.8% 77.9%
ROCE 8.4%  
Latest F'cast
P/E 27.1 24.6
PEG 1.3 2.3
Pr/Revenue 14.0 16.0
Pr/Book 1.1  
Latest F'cast
Revenue 18.5% -11.9%
PBT 91.9% -48.1%
EPS 20.3% 10.9%
DPS 30.0% 20.8%

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-19 113.57 88.45 40.81p 24.4 2.2 +11% 33.09p 3.2%
31-Mar-20 129.40 94.45 46.37p 21.5 1.6 +14% 37.86p 3.7%
31-Mar-21 136.21 99.70 49.81p 20.0 2.7 +7% 40.54p 3.9%

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

Workspace Group Company Announcements

Total Voting Rights 19-Mar-2019 11:07 RNS
Total Voting Rights 01-Mar-2019 15:25 RNS
Holding(s) in Company 14-Feb-2019 16:09 RNS

Workspace Group ShareCast News

Wednesday broker round-up 13-Feb-2019 ShareCast
Workspace sells Bow office site for £11m 31-Jan-2019 ShareCast
Workspace reports 'good levels' of demand in Q3 17-Jan-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 987.00p
Change Today -10.50p
% Change -1.05 %
52 Week High 1,165.00
52 Week Low 789.50
Volume 32,247
Shares Issued 180.38m
Market Cap £1,780.36m
Beta 0.01
RiskGrade 97

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.49% below the market average82.49% below the market average82.49% below the market average82.49% below the market average82.49% below the market average
72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average
Price Trend
68.42% above the market average68.42% above the market average68.42% above the market average68.42% above the market average68.42% above the market average
47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average47.37% above the sector average
Income
27.88% below the market average27.88% below the market average27.88% below the market average27.88% below the market average27.88% below the market average
65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average
Growth
54.50% above the market average54.50% above the market average54.50% above the market average54.50% above the market average54.50% above the market average
58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 2
Sell 0
Strong Sell 1
Total 10
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 10-Jan-19 05-Jul-18
Paid 06-Feb-19 03-Aug-18
Amount 10.61p 18.55p

Trades for 22-Mar-2019

Time Volume / Share Price
14:57 172 @ 987.00p
14:57 52 @ 987.00p
14:57 81 @ 987.50p
14:57 200 @ 987.50p
14:57 124 @ 987.50p

Workspace Group Key Personnel

CFO Graham Clemett
CEO Jamie Hopkins

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