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Workspace Group PLC WRX1

Morningstar Rating
GBP 6.65 −0.05 (0.75%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

WRX1 is trading within a range we consider fairly valued.
Price
€6.60
Fair Value
€6.17
Uncertainty
Very High
1-Star Price
€57.97
5-Star Price
€1.86
Economic Moat
Zndm
Capital Allocation
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Trading Information

Previous Close Price
GBP 6.70
Day Range
GBP 6.506.65
52-Week Range
GBP 3.9616.06
Bid/Ask
GBP 0.00 / GBP 0.00
Market Cap
GBP 1.28 Bil
Volume/Avg
0 /

Key Statistics

Price/Earnings (Normalized)
16.49
Price/Sales
6.02
Dividend Yield (Trailing)
4.62%
Dividend Yield (Forward)
4.62%
Total Yield
4.64%

Company Profile

Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.
Sector
Real Estate
Industry
REIT - Office
Stock Style Box
Small Core
Total Number of Employees
318

Comparables

Valuation

Metric
WRX1
DLN
SAFE
Price/Earnings (Normalized)
16.4922.6518.24
Price/Book Value
0.720.740.85
Price/Sales
6.029.827.87
Price/Cash Flow
15.2023.6716.54
Price/Earnings
WRX1
DLN
SAFE

Financial Strength

Metric
WRX1
DLN
SAFE
Quick Ratio
0.430.200.42
Current Ratio
1.230.740.42
Interest Coverage
−4.78−11.9613.18
Quick Ratio
WRX1
DLN
SAFE

Profitability

Metric
WRX1
DLN
SAFE
Return on Assets (Normalized)
2.11%2.16%3.35%
Return on Equity (Normalized)
3.43%3.00%5.12%
Return on Invested Capital (Normalized)
3.24%2.79%4.36%
Return on Assets
WRX1
DLN
SAFE
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REIT - Office Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Nippon Building Fund Inc
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Merlin Properties SOCIMI SA
MRPRF
Yqs$5.3 Bil
Vornado Realty Trust
VNO
PnwhtldgKhfym$4.8 Bil
Mapletree Pan Asia Commercial Trust Units Real Estate Investment Trust Reg
MPCMF
Swhr$4.7 Bil
Dexus
DEXSF
Plpzyj$4.6 Bil
Kilroy Realty Corp
KRC
XhggfqlkkDjnq$3.7 Bil
SL Green Realty Corp
SLG
SlvtrmvMrbh$3.7 Bil

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