WORKSPACE GROUP PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 491 GBX | +1.34% |
|
-0.20% | -13.56% |
| 04-25 | Workspace Group plc Announces the Appointment of David Stevenson as Non-Executive Director, Effective 1 June 2024 | CI |
| 04-17 | Workspace completes lettings worth GBP8.7 million in recent quarter | AN |
Valuation
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,759 | 1,372 | 1,448 | 1,240 | 836.4 | 941.6 | - | - |
| Enterprise Value (EV) 1 | 2,339 | 1,913 | 2,012 | 1,797 | 1,738 | 1,765 | 1,773 | 1,782 |
| P/E ratio | 12.5 x | 19.1 x | -6.14 x | 10.1 x | -21.9 x | -4.52 x | 128 x | - |
| Yield | 3.37% | 4.76% | 2.22% | 3.14% | 5.91% | 5.47% | 5.87% | 6.33% |
| Capitalization / Revenue | 11.8 x | 8.5 x | 10.2 x | 9.33 x | 4.8 x | 6.91 x | 6.79 x | 6.82 x |
| EV / Revenue | 15.7 x | 11.9 x | 14.1 x | 13.5 x | 9.98 x | 12.9 x | 12.8 x | 12.9 x |
| EV / EBITDA | 24.5 x | 18.1 x | 30.8 x | 25.6 x | 17.8 x | 17.7 x | 16.7 x | 16 x |
| EV / FCF | -12.8 x | 19.8 x | 86 x | 26.8 x | -14.3 x | 18 x | 16.9 x | 119 x |
| FCF Yield | -7.81% | 5.06% | 1.16% | 3.73% | -6.98% | 5.55% | 5.92% | 0.84% |
| Price to Book | 0.89 x | 0.69 x | 0.85 x | - | - | 0.61 x | 0.61 x | - |
| Nbr of stocks (in thousands) | 180,239 | 180,610 | 180,949 | 180,963 | 191,478 | 191,775 | - | - |
| Reference price 2 | 9.760 | 7.595 | 8.000 | 6.850 | 4.368 | 4.910 | 4.910 | 4.910 |
| Announcement Date | 05/06/19 | 05/06/20 | 03/06/21 | 08/06/22 | 25/05/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 149.4 | 161.4 | 142.3 | 132.9 | 174.2 | 136.3 | 138.7 | 138.1 |
| EBITDA 1 | 95.3 | 105.7 | 65.4 | 70.1 | 97.4 | 99.68 | 106 | 111.6 |
| EBIT 1 | 93.9 | 104.3 | 62.5 | 67.4 | 95.1 | 100.8 | 104.5 | 109.3 |
| Operating Margin | 62.85% | 64.62% | 43.92% | 50.71% | 54.59% | 73.92% | 75.37% | 79.14% |
| Earnings before Tax (EBT) 1 | 137.3 | 72.5 | -235.7 | 124 | -37.5 | -206 | 146.3 | 145.8 |
| Net income 1 | 137.3 | 72.1 | -235.7 | 123.9 | -37.8 | -206 | 146.3 | 145.8 |
| Net margin | 91.9% | 44.67% | -165.64% | 93.23% | -21.7% | -151.12% | 105.47% | 105.59% |
| EPS 2 | 0.7830 | 0.3970 | -1.303 | 0.6810 | -0.1990 | -1.086 | 0.0384 | - |
| Free Cash Flow 1 | -182.7 | 96.8 | 23.4 | 67.1 | -121.4 | 98 | 105 | 15 |
| FCF margin | -122.29% | 59.98% | 16.44% | 50.49% | -69.69% | 71.89% | 75.69% | 10.86% |
| FCF Conversion (EBITDA) | - | 91.58% | 35.78% | 95.72% | - | 98.31% | 99.08% | 13.44% |
| FCF Conversion (Net income) | - | 134.26% | - | 54.16% | - | - | 71.77% | 10.29% |
| Dividend per Share 2 | 0.3287 | 0.3616 | 0.1775 | 0.2150 | 0.2580 | 0.2684 | 0.2883 | 0.3108 |
| Announcement Date | 05/06/19 | 05/06/20 | 03/06/21 | 08/06/22 | 25/05/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: März | 2020 S1 | 2022 S1 | 2023 S1 | 2024 S1 |
|---|---|---|---|---|
| Net sales | - | - | - | - |
| EBITDA | - | - | - | - |
| EBIT | - | - | - | - |
| Operating Margin | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income | - | - | - | - |
| Net margin | - | - | - | - |
| EPS | - | - | - | - |
| Dividend per Share 1 | 0.1167 | 0.0700 | 0.0840 | 0.0900 |
| Announcement Date | 13/11/19 | 17/11/21 | 15/11/22 | 21/11/23 |
1GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 580 | 541 | 565 | 558 | 902 | 824 | 832 | 840 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.088 x | 5.12 x | 8.638 x | 7.956 x | 9.261 x | 8.264 x | 7.847 x | 7.53 x |
| Free Cash Flow 1 | -183 | 96.8 | 23.4 | 67.1 | -121 | 98 | 105 | 15 |
| ROE (net income / shareholders' equity) | 3.92% | 3.62% | -12.7% | 2.69% | - | -5.29% | 4.33% | 4.2% |
| ROA (Net income/ Total Assets) | 5.47% | 2.66% | 1.44% | - | - | 2.4% | 2.64% | - |
| Assets 1 | 2,511 | 2,708 | -16,313 | - | - | -8,598 | 5,537 | - |
| Book Value Per Share 2 | 11.00 | 11.00 | 9.440 | - | - | 8.070 | 8.110 | - |
| Cash Flow per Share 2 | 0.4200 | 0.4700 | 0.2100 | 0.3200 | - | 0.3200 | 0.3600 | 0.3900 |
| Capex 1 | 86.7 | 59.7 | 23.6 | 29.8 | 56.2 | 55 | 62 | 49 |
| Capex / Sales | 58.03% | 36.99% | 16.58% | 22.42% | 32.26% | 40.34% | 44.7% | 35.49% |
| Announcement Date | 05/06/19 | 05/06/20 | 03/06/21 | 08/06/22 | 25/05/23 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
4.91
GBP
Average target price
6.172
GBP
Spread / Average Target
+25.70%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -13.56% | 1.17B | |
| -6.46% | 46.25B | |
| -8.31% | 20.33B | |
| -3.56% | 13.07B | |
| +16.05% | 11.53B | |
| -4.85% | 9.68B | |
| -0.83% | 8.48B | |
| -14.19% | 8.38B | |
| +1.38% | 7.63B | |
| -18.42% | 5.53B |
- Stock Market
- Equities
- WKP Stock
- Financials Workspace Group Plc
