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Workspace Group PLC WKP

Morningstar Rating
GBX 482.50 +1.50 (0.31%)
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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

WKP is trading at a 30% discount.
Price
GBP 491.98
Fair Value
GBP 461.62
Uncertainty
High
1-Star Price
GBP 186.90
5-Star Price
GBP 496.19
Economic Moat
Dlbt
Capital Allocation
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Trading Information

Previous Close Price
GBX 481.00
Day Range
GBX 475.00483.00
52-Week Range
GBX 449.20617.00
Bid/Ask
GBX 482.50 / GBX 484.50
Market Cap
GBX 92.60 Bil
Volume/Avg
31,258 / 237,132

Key Statistics

Price/Earnings (Normalized)
15.25
Price/Sales
5.23
Dividend Yield (Trailing)
5.49%
Dividend Yield (Forward)
5.49%
Total Yield
5.51%

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
293

Comparables

Valuation

Metric
WKP
DLN
SAFE
Price/Earnings (Normalized)
15.2519.8016.59
Price/Book Value
0.590.650.87
Price/Sales
5.238.597.56
Price/Cash Flow
14.1820.6915.35
Price/Earnings
WKP
DLN
SAFE

Financial Strength

Metric
WKP
DLN
SAFE
Quick Ratio
0.510.200.40
Current Ratio
1.300.740.45
Interest Coverage
−5.24−11.9611.18
Quick Ratio
WKP
DLN
SAFE

Profitability

Metric
WKP
DLN
SAFE
Return on Assets (Normalized)
2.16%2.16%3.70%
Return on Equity (Normalized)
3.46%3.00%5.65%
Return on Invested Capital (Normalized)
3.30%2.79%4.72%
Return on Assets
WKP
DLN
SAFE
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DEXSF
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