Workspace Group PLC
LSE:WKP
Intrinsic Value
Workspace Group Plc is a real estate investment trust company, which engages in property investment in the form of letting of business space to new and growing companies located in London. [ Read More ]
The intrinsic value of one
WKP
stock under the Base Case scenario is
726.24
GBX.
Compared to the current market price of 497.5 GBX,
Workspace Group PLC
is
Undervalued by 31%.
Workspace Group PLC's market capitalization is 954.7m GBX.
WKP stock price is 497.5 GBX.
WKP stock price (497.5 GBX) is 31% less than its Intrinsic Value (726.24 GBX).
WKP stock price (497.5 GBX) is 48% less than its Relative Value (960.58 GBX). Open Relative Valuation
WKP has upside potential of 27% compared to the average analyst price target.
Open Wall St Estimates
WKP's ROE (Return on Equity) has decreased in the last 3 years from -13% to -13%, and is approaching profitability.
WKP's ROIC (Return on Invested Capital) has increased in the last 3 years from 2% to 4%.
WKP's Revenue has been growing by 5% per year for the last 3 years.
WKP's Revenue is forecast to fall at a rate of 4% per year over the next 3 years.
WKP's Revenue has grown by 19% over the past 12 months.
WKP's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 4%.
WKP's short-term assets (129m GBP) exceed its short-term liabilties (99m GBP).
WKP has a very low three-year average ROIC (Return on Invested Capital): 3%. The company is not efficient at using invested capital to generate operating income.
WKP's ROE (Return on Equity) for the past 12 months is negative and is equal to -13%.
WKP has positive Operating Income for the last twelve months.
WKP has negative Net Income for the last twelve months.
WKP's D/E (Debt to Equity) is very low and is equal to 0.56.
WKP has negative three-year average ROE (Return on Equity): -4%. The company is not efficient at transforming stockholders' equity into net income.
WKP's long-term assets (3B GBP) exceed its long-term liabilties (1B GBP).
WKP has positive Gross Profit for the last twelve months.
WKP's Altman Z-Score is very low and is equal to 1.38.
WKP has positive Free Cash Flow for the last twelve months.
WKP has positive Net Debt. This means that the company has more debt (902m GBP) than cash and short-term investments (4m GBP).
WKP generates enough operating income (98m GBP) to cover interest payments on its debt (38m GBP).
Valuation Backtest
Workspace Group PLC
Run backtest to discover the historical profit from buying and selling
WKP
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Workspace Group PLC
Balance Sheet Decomposition
Workspace Group PLC
| Current Assets | 128.9m |
| Cash & Short-Term Investments | 4m |
| Receivables | 20.3m |
| Other Current Assets | 104.6m |
| Non-Current Assets | 2.5B |
| Long-Term Investments | 2.5B |
| PP&E | 3.9m |
| Intangibles | 2.1m |
| Current Liabilities | 99.1m |
| Accounts Payable | 13.6m |
| Accrued Liabilities | 34.8m |
| Other Current Liabilities | 50.7m |
| Non-Current Liabilities | 902m |
| Long-Term Debt | 902m |
Earnings Waterfall
Workspace Group PLC
|
Revenue
|
182.6m
GBP
|
|
Cost of Revenue
|
-59.4m
GBP
|
|
Gross Profit
|
123.2m
GBP
|
|
Operating Expenses
|
-25.3m
GBP
|
|
Operating Income
|
97.9m
GBP
|
|
Other Expenses
|
-319.4m
GBP
|
|
Net Income
|
-221.5m
GBP
|
Free Cash Flow Analysis
Workspace Group PLC
What is Free Cash Flow?
WKP Profitability Score
Profitability Due Diligence
Workspace Group PLC's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
Score
Workspace Group PLC's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
WKP Solvency Score
Solvency Due Diligence
Workspace Group PLC's solvency score is 37/100. The higher the solvency score, the more solvent the company is.
Score
Workspace Group PLC's solvency score is 37/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
WKP Price Targets Summary
Workspace Group PLC
According to Wall Street analysts, the average 1-year price target for
WKP
is 633.51 GBX
with a low forecast of 522.17 GBX and a high forecast of 810.6 GBX.
Shareholder Return
WKP Price
Workspace Group PLC
| Average Annual Return | -9.8% |
| Standard Deviation of Annual Returns | 34.04% |
| Max Drawdown | -71% |
| Market Capitalization | 954.7m GBX |
| Shares Outstanding | 191 774 539 |
| Percentage of Shares Shorted |
N/A
|
Company Profile
Workspace Group PLC
Country
Industry
Market Cap
Dividend Yield
Description
Workspace Group Plc is a real estate investment trust company, which engages in property investment in the form of letting of business space to new and growing companies located in London. The firm owns and manages approximately four million square feet of business space across 60 sites in London. Its locations include Central London, North London, East London, South East London, South West London, West London and City of London. The company offers various types of spaces, including offices, studios, light industrial, workshops, event space, space calculator, and short-term office space. Its property portfolio consists of Archer Street Studios, Barley Mow Centre, Canalot Studios, E1 Studios, Cannon Wharf, Cargo Works, Clerkenwell Workshops, Mare Street Studios, Morie Street Studios, Parkhall Business Centre, Peer House, Parma House, Westbourne Studios, 60 Gray's Inn Road, Leroy House, and The Shaftesbury Centre. Its subsidiaries include Workspace 12 Limited, Workspace 13 Limited, and Workspace Management Limited, which is engaged in property investment.
Contact
IPO
Employees
Officers
The intrinsic value of one
WKP
stock under the Base Case scenario is
726.24
GBX.
Compared to the current market price of 497.5 GBX,
Workspace Group PLC
is
Undervalued by 31%.
You don't have any saved screeners yet
