- Investing.com
Workspace Group Plc is London's leading owner and operator of flexible workspace, currently managing 3.8 million sq. ft. of sustainable space at 57 locations in London and the Southeast. The firm is home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Their purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential. They have a unique combination of a highly effective and scalable operating platform, a portfolio of distinctive properties, and an ownership model that allows us to offer true flexibility. The firm provide customers with space to create a home for their business, alongside leases that give them the freedom to easily scale up and down within our well-connected, extensive portfolio. They are inherently sustainable and invest across the capital, breathing new life into old buildings and creating hubs of economic activity that help flatten London's working map. Workspace Group Plc work closely with their local communities to ensure they make a positive and lasting environmental and social impact, creating value over the long term. Workspace was established in July 10, 1987 and incorporated in United Kingdom and has been listed on the London Stock Exchange since 1993, is a FTSE 250 listed Real Estate Investment Trust (REIT) and a member of the European Public Real Estate Association (EPRA).
Metrics to compare | WKP | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipWKPPeersSector | |
|---|---|---|---|---|
P/E Ratio | −8.6x | 8.5x | 9.3x | |
PEG Ratio | 0.07 | 0.03 | 0.01 | |
Price / Book | 0.5x | 0.7x | 0.9x | |
Price / LTM Sales | 3.6x | 5.4x | 4.0x | |
Upside (Analyst Target) | 44.8% | 20.5% | 15.4% | |
Fair Value Upside | Unlock | 0.1% | 1.2% | Unlock |