Workspace Group PLC
LSE:WKP

Watchlist Manager
Workspace Group PLC Logo
Workspace Group PLC
LSE:WKP
Watchlist
Price: 423 GBX 2.55%
Market Cap: 812.8m GBX

Relative Value

The Relative Value of one WKP stock under the Base Case scenario is 877.93 GBX. Compared to the current market price of 423 GBX, Workspace Group PLC is Undervalued by 52%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

WKP Relative Value
Base Case
877.93 GBX
Undervaluation 52%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
41
Median 3Y
5.4
Median 5Y
6.3
Industry
3.7
Forward
5
vs History
1
vs Industry
Median 3Y
-4.6
Median 5Y
-5.8
Industry
16.5
Forward
11.4
vs History
95
vs Industry
36
Median 3Y
15.9
Median 5Y
17.1
Industry
11
vs History
11
vs Industry
13
Median 3Y
4.2
Median 5Y
5.1
Industry
13
vs History
71
vs Industry
64
Median 3Y
0.6
Median 5Y
0.6
Industry
0.9
vs History
95
vs Industry
36
Median 3Y
10.3
Median 5Y
10.7
Industry
6.6
Forward
10
vs History
90
vs Industry
41
Median 3Y
15.2
Median 5Y
15.6
Industry
12.1
vs History
88
vs Industry
36
Median 3Y
19.2
Median 5Y
19.7
Industry
15.9
Forward
15.3
vs History
88
vs Industry
40
Median 3Y
19.7
Median 5Y
20.3
Industry
19.1
Forward
15.4
vs History
87
vs Industry
30
Median 3Y
30
Median 5Y
30.6
Industry
18.5
vs History
90
vs Industry
29
Median 3Y
30.7
Median 5Y
31.9
Industry
20.1
vs History
69
vs Industry
53
Median 3Y
0.7
Median 5Y
0.7
Industry
0.7

Multiples Across Competitors

WKP Competitors Multiples
Workspace Group PLC Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Workspace Group PLC
LSE:WKP
812.8m GBP 4.4 150.5 16.6 17
US
Alexandria Real Estate Equities Inc
NYSE:ARE
12.1B USD 3.7 92 11.2 26.8
US
Boston Properties Inc
NYSE:BXP
11.4B USD 3.3 -2 560.5 14.1 26.3
US
Kilroy Realty Corp
NYSE:KRC
8B USD 7.1 40.5 18.3 38.2
US
Vornado Realty Trust
NYSE:VNO
7.8B USD 4.3 74.7 19.9 54.5
JP
Nippon Building Fund Inc
TSE:8951
1.1T JPY 11.2 24.5 25.4 33.7
FR
Covivio SA
PAR:COV
5.7B EUR 4.4 83.3 15.8 18.1
US
COPT Defense Properties
NYSE:CDP
6.4B USD 8.5 45.4 40.3 40.3
JP
Japan Real Estate Investment Corp
TSE:8952
852.3B JPY 10 22.6 22.9 29.6
US
Cousins Properties Inc
NYSE:CUZ
5.1B USD 5.7 95.7 14.3 42.9
AU
Dexus
ASX:DXS
7.4B AUD 8.7 -7.6 31.8 31.8
P/E Multiple
Earnings Growth PEG
UK
Workspace Group PLC
LSE:WKP
Average P/E: 69.9
150.5
133%
1.1
US
Alexandria Real Estate Equities Inc
NYSE:ARE
92
11%
8.4
US
Boston Properties Inc
NYSE:BXP
Negative Multiple: -2 560.5
183%
N/A
US
Kilroy Realty Corp
NYSE:KRC
40.5
-15%
N/A
US
Vornado Realty Trust
NYSE:VNO
74.7
138%
0.5
JP
Nippon Building Fund Inc
TSE:8951
24.5
-1%
N/A
FR
Covivio SA
PAR:COV
83.3
98%
0.8
US
COPT Defense Properties
NYSE:CDP
45.4
5%
9.1
JP
Japan Real Estate Investment Corp
TSE:8952
22.6
-1%
N/A
US
Cousins Properties Inc
NYSE:CUZ
95.7
37%
2.6
AU
Dexus
ASX:DXS
Negative Multiple: -7.6 N/A N/A