Workspace Group PLC
F:WRX1
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (12.4), the stock would be worth €5.19 (34% upside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 9.2 | €3.86 |
0%
|
| 3-Year Average | 12.4 | €5.19 |
+34%
|
| 5-Year Average | 16.6 | €6.97 |
+81%
|
| Industry Average | 0.2 | €0.07 |
-98%
|
| Country Average | 0.1 | €0.05 |
-99%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| UK |
|
Workspace Group PLC
F:WRX1
|
659.6m EUR | 9.2 | -8.6 | |
| US |
|
Boston Properties Inc
NYSE:BXP
|
9.2B USD | 7.4 | 33.2 | |
| US |
|
Alexandria Real Estate Equities Inc
NYSE:ARE
|
7.8B USD | 5.5 | -5.4 | |
| FR |
|
Covivio SA
PAR:COV
|
6.3B EUR | 7.7 | 8.5 | |
| JP |
|
Nippon Building Fund Inc
TSE:8951
|
1.1T JPY | 13 | 26.5 | |
| US |
|
COPT Defense Properties
NYSE:CDP
|
7.2B USD | 23.3 | 47.5 | |
| US |
|
Vornado Realty Trust
NYSE:VNO
|
5.7B USD | 4.5 | 6.8 | |
| JP |
|
Japan Real Estate Investment Corp
TSE:8952
|
845.2B JPY | 12.5 | 23 | |
| AU |
|
Dexus
ASX:DXS
|
6.6B AUD | 9.1 | 12.7 | |
| SG |
|
Keppel REIT
SGX:K71U
|
4.4B | 0 | 0 | |
| JP |
|
Kenedix Office Investment Corp
TSE:8972
|
671.7B JPY | 8.1 | 19.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 0.1 |
| Median | 0.1 |
| 70th Percentile | 0.2 |
| Max | 2 143.8 |
Other Multiples
Workspace Group PLC
Glance View
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.