Workspace Group PLC
F:WRX1

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Workspace Group PLC Logo
Workspace Group PLC
F:WRX1
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Price: 4.7 EUR -1.67%
Market Cap: €902.4m

Net Margin

-41.5%
Current
Improving
by 9.3%
vs 3-y average of -50.8%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
-41.5%
=
Net Income
£-75.9m
/
Revenue
£182.9m

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
-41.5%
=
Net Income
€-75.9m
/
Revenue
£182.9m

Peer Comparison

Country Company Market Cap Net
Margin
UK
Workspace Group PLC
LSE:WKP
806.8m GBP
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US
Boston Properties Inc
NYSE:BXP
10B USD
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US
Alexandria Real Estate Equities Inc
NYSE:ARE
9.4B USD
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JP
Nippon Building Fund Inc
TSE:8951
1.2T JPY
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FR
Covivio SA
PAR:COV
6B EUR
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US
COPT Defense Properties
NYSE:CDP
6.9B USD
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US
Vornado Realty Trust
NYSE:VNO
5.9B USD
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JP
Japan Real Estate Investment Corp
TSE:8952
902.8B JPY
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AU
Dexus
ASX:DXS
7B AUD
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US
Cousins Properties Inc
NYSE:CUZ
4.4B USD
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JP
Kenedix Office Investment Corp
TSE:8972
674.5B JPY
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Market Distribution

Lower than 95% of companies in United Kingdom
Percentile
5th
Based on 3 670 companies
5th percentile
-41.5%
Low
-188 120% — 0%
Typical Range
0% — 0.1%
High
0.1% — 10 443.9%
Distribution Statistics
United Kingdom
Min -188 120%
30th Percentile 0%
Median 0%
70th Percentile 0.1%
Max 10 443.9%

Workspace Group PLC
Glance View

Market Cap
902.4m EUR
Industry
Real Estate

Workspace Group PLC has carved out a distinct niche in the commercial property sector, focusing on providing flexible office spaces tailored to the needs of small and medium-sized enterprises (SMEs) and entrepreneurs. Founded in 1987, the company recognized early on that the business landscape was shifting towards more dynamic and adaptable work environments. In an era defined by technological advancements and changing work cultures, Workspace Group offers its clients the freedom to thrive in a setting that encourages innovation and agility. By investing in prime urban locations, particularly throughout London, the company has developed a unique portfolio that combines historic buildings with modern amenities, catering to a diverse range of industries. Each property is designed to be more than just a place of work; rather, they are vibrant communities that inspire collaboration and creativity among their tenants. Workspace Group generates its revenue primarily through leasing office spaces, but its business model goes beyond mere property rental. They adopt a customer-centric approach, providing a suite of services that enhance the tenant experience. This includes meeting rooms, virtual offices, and tailored business support, which can be adjusted to meet the changing needs of their clients. Moreover, by maintaining a hands-on approach in property management and continually investing in the development of their properties, Workspace ensures that each location remains not just relevant but also at the forefront of where business trends are heading. This commitment to quality and adaptability not only secures steady rental income but also positions Workspace Group at the leading edge of the flexible office space market.

WRX1 Intrinsic Value
7.3 EUR
Undervaluation 36%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
-41.5%
=
Net Income
£-75.9m
/
Revenue
£182.9m
What is Workspace Group PLC's current Net Margin?

The current Net Margin for Workspace Group PLC is -41.5%, which is above its 3-year median of -50.8%.

How has Net Margin changed over time?

Over the last 3 years, Workspace Group PLC’s Net Margin has decreased from 101.5% to -41.5%. During this period, it reached a low of -121.3% on Sep 30, 2023 and a high of 101.5% on Aug 30, 2022.

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