Workspace Group(WKP)

Sector:

Real Estate

Index:

FTSE Small Cap

Market Cap

£223.14m

Change Today

Price Up2.25p (1.79%)

Share Price

128.00p

Workspace Group Overview

Workspace Group rents out offices, studios, and warehouses to small and medium sized enterprises in London and the South East. Tenants can utilise the groups’ privileged insurance scheme, Workspace Plus Insurance, and many apartments are being networked with internet through their joint venture with Centric Telecom.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 3.6% 3.8%
Div Cover 1.4 1.1
Op Mrgn -9.1% 15.4%
ROCE -0.9%  

Valuation

Latest F'cast
P/E 19.7 24.0
PEG 12.6 n/a
Pr/Revenue 3.3 3.5
Pr/Book 0.4  

Growth

Latest F'cast
Revenue 11.7% -6.6%
PBT n/a n/a
EPS 1.6% -19.4%
DPS 10.1% 7.0%

Workspace Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-04 a51.07 a15.12 6.10p 28.7 n/a -15% 3.10p 1.8%
31-Mar-05 55.00 82.80 36.10p 6.5 0.0 +492% 13.58p 5.8%
31-Mar-06 63.20 149.00 7.27p 46.6 n/a -80% 3.76p 1.1%
31-Mar-07 59.90 112.50 6.40p 78.6 n/a -12% 4.14p 0.8%
31-Mar-08 66.90 (37.00) 6.50p 42.2 21.1 +2% 4.56p 1.7%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Workspace Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-09 62.45 9.64 5.24p 24.4 n/a -19% 4.88p 3.8%
31-Mar-10 64.33 11.24 6.09p 21.0 1.3 +16% 5.18p 4.0%

Covering analysts: Altium Securities, Kaupthing Singer & Friedlander, Merrill Lynch, Panmure Gordon

Workspace Group Company Announcements

Holding(s) in Company 30-Sep-2008 16:44 RNS
Holding(s) in Company 30-Sep-2008 16:29 RNS
Holding(s) in Company 25-Sep-2008 15:37 RNS

Workspace Group ShareCast News

Workspace chairman lifts holding 05-Sep-2008 ShareCast
Workspace Q1 rental income rises 11-Aug-2008 ShareCast
Wetherspoon chairman tops up 11-Jun-2008 ShareCast

Workspace Group Top Newspaper Links

Business in Brief 14-Feb-2007 Times
Houlton seals first stake 14-Jan-2007 Scotland on Sunday
Look ahead 18-Nov-2006 Times

Latest Workspace Group Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Workspace Group Market Data

Currency UK Pounds
Share Price 128.00p Price Up
Change Today +2.25p
52 Week High 338.50
52 Week Low 117.50
Volume 617,279
Shares Issued 174.33m
Market Cap £223.14m
Beta 0.98
RiskGrade 309

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.33% below the market average87.33% below the market average87.33% below the market average87.33% below the market average87.33% below the market average
93.51% below the sector average93.51% below the sector average93.51% below the sector average93.51% below the sector average93.51% below the sector average
Price Trend
60.03% below the market average60.03% below the market average60.03% below the market average60.03% below the market average60.03% below the market average
51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average
Income
70.57% below the market average70.57% below the market average70.57% below the market average70.57% below the market average70.57% below the market average
73.63% below the sector average73.63% below the sector average73.63% below the sector average73.63% below the sector average73.63% below the sector average
Growth
81.02% below the market average81.02% below the market average81.02% below the market average81.02% below the market average81.02% below the market average
72.52% below the sector average72.52% below the sector average72.52% below the sector average72.52% below the sector average72.52% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 1
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Workspace Group Dividends

  Latest Previous
  Final Interim
Ex-Div 09-Jul-08 02-Jan-08
Paid 06-Aug-08 04-Feb-08
Amount 3.04p 1.52p

Trades for 14-Oct-2008

Time Volume / Share Price
16:35 116,455 @ 128.00p
16:27 908 @ 123.50p
16:27 338 @ 123.50p
16:26 14 @ 123.50p
16:26 384 @ 123.50p

Workspace Group Key Personnel

Chair Anthony (Tony) J Hales
CEO Harry Platt
Finance Director Graham Clemett

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