International Workplace Group Future Growth
Future criteria checks 4/6
International Workplace Group is forecast to grow earnings and revenue by 42% and 3.2% per annum respectively. EPS is expected to grow by 41.4% per annum. Return on equity is forecast to be 106.2% in 3 years.
Key information
42.0%
Earnings growth rate
41.44%
EPS growth rate
| Real Estate earnings growth | 37.3% |
| Revenue growth rate | 3.2% |
| Future return on equity | 106.23% |
| Analyst coverage | Good |
| Last updated | 11 Sep 2026 |
Recent future growth updates
Recent updates
Narrative Update • Jul 29
IWG: Fair Outlook Will Balance Larger Buyback With New Leadership
Analysts have lifted their price target for International Workplace Group to about £2.06 from roughly £1.83, citing updated assumptions that now reflect slightly higher revenue growth, profit margins, and a modestly higher future P/E multiple. What’s in the News for International Workplace Group On June 30, 2026, International Workplace Group increased its equity buyback plan authorization by an additional $50 million to a total of $150 million.Narrative Update • Jul 15
IWG: Fair Outlook Balances Higher Buyback With Leadership Transition
Analysts have trimmed their fair value estimate for International Workplace Group from £2.06 to £1.83, reflecting a slightly higher discount rate and more cautious assumptions on revenue growth and profit margins, despite a supportive bullish initiation in recent Street research. What’s in the News for International Workplace Group On June 30, 2026, International Workplace Group increased its equity buyback authorization by an additional US$50 million, bringing the total plan authorization to US$150 million.
Narrative Update • Jul 01
IWG: Raised Buyback And Leadership Shift Will Support Bullish Outlook
Analysts have raised their price target for International Workplace Group to £3.50 from £3.27, citing updated assumptions on fair value, discount rate, revenue growth, profit margins, and future P/E following recent bullish research coverage. What’s in the News for International Workplace Group International Workplace Group announced a change in its share repurchase plan on June 30, 2026, with equity buyback authorization raised by an additional $50 million to a total of $150 million (source: Key Developments).
Narrative Update • Jun 17
IWG: Bullish BNP Paribas Initiation And Leadership Shift Support Upside Potential
Analysts have raised their price target on International Workplace Group to £2.81, citing a new bullish initiation that highlights expectations for stable revenue growth, a steady profit margin outlook, and a broadly unchanged forward P/E assumption. What’s in the News for International Workplace Group International Workplace Group announced that founder and current Chief Executive Officer Mark Dixon has become Executive Chair of the company.Narrative Update • Jun 02
IWG: Bullish BNP Paribas Initiation And Higher P/E Support Upside Potential
Analysts have reiterated their £2.81 price target on International Workplace Group, with the latest bullish initiation highlighting expectations for a P/E of about 19x, supported by a constructive view on the business model and earnings potential. What's in the News No recent company specific news items were identified in the provided sources for International Workplace Group, so investors may want to rely on regulatory filings and official company communications for the latest updates.Narrative Update • May 16
IWG: Bullish Initiation And Higher P/E Assumptions Will Support Future Upside
Analysts have trimmed their fair value estimate for International Workplace Group slightly from £2.85 to £2.81, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E expectations, as well as recent supportive Street research including a bullish initiation at BNP Paribas. Analyst Commentary Bullish Takeaways Bullish analysts view the slight trim in fair value from £2.85 to £2.81 as a refinement of assumptions rather than a change in the core thesis on International Workplace Group, and they point to continued interest in the flexible office model.Narrative Update • Apr 26
IWG: Higher P/E Assumptions Will Support Upside From Refreshed Margin Framework
Narrative update on International Workplace Group Analysts have lifted their price target on International Workplace Group by £0.80, citing updated views on the company’s earnings outlook and valuation framework, as reflected in refreshed P/E and margin assumptions. Analyst Commentary Recent research points to a reassessment of International Workplace Group’s earnings power and how the market is pricing that profile, reflected in the higher price target and refreshed P/E and margin assumptions.Narrative Update • Apr 09
IWG: Refined Revenue And Margin Assumptions Will Support Higher Future Fair Value
Narrative Update on International Workplace Group Analysts have lifted their price target for International Workplace Group by £0.80, citing updated research that supports the current fair value and P/E assumptions while fine tuning revenue growth and profit margin inputs. Analyst Commentary Bullish analysts interpret the £0.80 price target increase as a sign that updated assumptions on revenue and margins still line up with the current P/E view, which keeps their broader thesis intact.Narrative Update • Mar 25
IWG: Share Repurchases Will Support Higher Fair Value In The Years Ahead
Analysts have raised their price target on International Workplace Group by £80 from the previous level, citing updated views on the company’s fair value, discount rate, revenue growth, profit margin and forward P/E assumptions. Analyst Commentary Analysts updating their price targets on International Workplace Group are refining their view of what they consider fair value, based on refreshed assumptions around discount rates, revenue growth, profit margins and forward P/E.Narrative Update • Mar 11
IWG: Share Buybacks And Firmer Margins Will Support Future Upside
Analysts have adjusted their price target on International Workplace Group to £2.85, down from £2.87. This change reflects updated assumptions for slightly softer revenue growth, firmer profit margins, a lower future P/E and a recent £0.80 price target increase cited in Street research.Narrative Update • Feb 24
IWG: Higher Assumed P/E Will Support Future Margin-Driven Upside
Analysts have raised their price target for International Workplace Group by £80 compared with their previous estimate, reflecting updated views on the company's profit margin outlook and the P/E multiple they are prepared to apply. Analyst Commentary Recent research commentary around International Workplace Group focuses on how updated profit margin expectations and the applied P/E multiple feed into the revised price target, rather than any single short term catalyst.Analysis Article • Feb 12
Take Care Before Diving Into The Deep End On International Workplace Group plc (LON:IWG)
You may think that with a price-to-sales (or "P/S") ratio of 0.9x International Workplace Group plc ( LON:IWG ) is...Narrative Update • Feb 08
IWG: Share Cancellations And Higher Assumed P/E Will Drive Future Upside
Analysts have lifted their price target on International Workplace Group, with one recent update citing a £0.80 increase and supporting assumptions that include a modestly higher fair value estimate, discount rate, revenue growth outlook, profit margin profile and future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts link the £0.80 price target uplift to a higher fair value estimate, signalling increased confidence in how the market could eventually value International Workplace Group if current assumptions play out.Narrative Update • Jan 25
IWG: Ongoing Share Cancellations Will Support Margins And Unlock Further Upside
Analysts have adjusted their price target on International Workplace Group to reflect a neutral fair value of $2.79 per share, citing essentially unchanged assumptions around revenue growth, profit margin, and a forward P/E of about 17.3x as the key drivers of their view. What's in the News IWG announced a share repurchase program under an arrangement with Jefferies International Limited, with all repurchased shares to be cancelled and the program running until December 31, 2026 (Key Developments).Narrative Update • Jan 11
IWG: Ongoing Share Buybacks Will Support Margins And Unlock Further Upside
Analysts have slightly lowered their price target on International Workplace Group to reflect a modest reduction in the future P/E assumption, while keeping fair value, discount rate, revenue growth and profit margin inputs effectively unchanged. What's in the News International Workplace Group plc announced a share repurchase program under an arrangement with Jefferies International Limited, with all repurchased shares to be cancelled and the program running until December 31, 2026 (company announcement).Narrative Update • Dec 25
IWG: Hybrid Workspace Demand Will Drive Margins Higher And Unlock Further Upside
Narrative Update on International Workplace Group Analysts have nudged their price target for International Workplace Group slightly higher to approximately 2.79 dollars per share from about 2.74 dollars. This reflects modestly stronger revenue growth expectations and a slightly higher assumed future earnings multiple, while the discount rate and profit margin outlook remain nearly unchanged.Narrative Update • Dec 11
IWG: Margins Will Improve As Hybrid Workspace Demand Drives Future Upside
Analysts have modestly lifted their price target on International Workplace Group, citing slightly stronger expectations for long term revenue growth and profit margins that support a fair value of approximately $2.74 per share. Valuation Changes Fair Value Estimate remains unchanged at approximately $2.74 per share, indicating no revision to the overall intrinsic value assessment.Narrative Update • Nov 26
IWG: Margins Will Strengthen As Hybrid Workspace Demand Continues
Analysts have raised the fair value estimate for International Workplace Group by £0.10 to £2.74. This change is due to a minor adjustment in assumptions following recent downgrades and revised long-term growth forecasts.Narrative Update • Sep 03
Flexible Workspace Demand Will Foster Valuable Opportunities
Analysts have modestly raised their price target for International Workplace Group to £2.64, highlighting stronger-than-expected revenue growth, confidence in margin improvements, and industry tailwinds, though some caution persists around valuation after recent share gains. Analyst Commentary Bearish analysts cite limited near-term catalysts as justification for a downgrade to Hold.New Narrative • Jul 20
Flexible Workspace Demand Will Foster Valuable Opportunities
Rapid growth in flexible, franchised workspace models and broader market diversification are strengthening revenue streams and margin potential.Analysis Article • May 19
Does International Workplace Group (LON:IWG) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Mar 25
International Workplace Group's (LON:IWG) Solid Earnings Have Been Accounted For Conservatively
International Workplace Group plc's ( LON:IWG ) recent earnings report didn't offer any surprises, with the shares...Analysis Article • Dec 22
Market Still Lacking Some Conviction On International Workplace Group plc (LON:IWG)
With a price-to-sales (or "P/S") ratio of 0.5x International Workplace Group plc ( LON:IWG ) may be sending very...Analysis Article • Apr 16
IWG plc (LON:IWG) Might Not Be As Mispriced As It Looks
With a price-to-sales (or "P/S") ratio of 0.6x IWG plc ( LON:IWG ) may be sending very bullish signals at the moment...Analysis Article • Mar 06
IWG (LON:IWG) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Nov 09
We Think IWG (LON:IWG) Is Taking Some Risk With Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Aug 10
IWG (LON:IWG) Has A Somewhat Strained Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jul 16
Calculating The Intrinsic Value Of IWG plc (LON:IWG)
Key Insights IWG's estimated fair value is UK£1.38 based on 2 Stage Free Cash Flow to Equity IWG's UK£1.43 share price...Analysis Article • May 11
Should You Investigate IWG plc (LON:IWG) At UK£1.60?
IWG plc ( LON:IWG ), is not the largest company out there, but it saw a decent share price growth in the teens level on...Analysis Article • Apr 17
Calculating The Intrinsic Value Of IWG plc (LON:IWG)
Key Insights The projected fair value for IWG is UK£1.43 based on 2 Stage Free Cash Flow to Equity IWG's UK£1.71 share...Analysis Article • Mar 30
These 4 Measures Indicate That IWG (LON:IWG) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Dec 27
IWG (LON:IWG) Has A Somewhat Strained Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Sep 14
Does IWG (LON:IWG) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Aug 23
When Should You Buy IWG plc (LON:IWG)?
IWG plc ( LON:IWG ), is not the largest company out there, but it saw significant share price movement during recent...Analysis Article • May 27
Estimating The Intrinsic Value Of IWG plc (LON:IWG)
How far off is IWG plc ( LON:IWG ) from its intrinsic value? Using the most recent financial data, we'll take a look at...Analysis Article • May 08
What Is IWG plc's (LON:IWG) Share Price Doing?
IWG plc ( LON:IWG ), is not the largest company out there, but it saw significant share price movement during recent...Analysis Article • Apr 20
We Think IWG (LON:IWG) Is Taking Some Risk With Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jan 11
Estimating The Fair Value Of IWG plc (LON:IWG)
In this article we are going to estimate the intrinsic value of IWG plc ( LON:IWG ) by taking the expected future cash...Analysis Article • Nov 08
Is IWG (LON:IWG) Using Debt In A Risky Way?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Sep 23
Is IWG plc (LON:IWG) Worth UK£2.9 Based On Its Intrinsic Value?
In this article we are going to estimate the intrinsic value of IWG plc ( LON:IWG ) by taking the expected future cash...Analysis Article • Jun 27
We Think IWG (LON:IWG) Is Taking Some Risk With Its Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 4,215 | 268 | 302 | 447 | 7 |
| 12/31/2027 | 4,104 | 184 | 231 | 381 | 10 |
| 12/31/2026 | 3,959 | 109 | 115 | 269 | 10 |
| 6/30/2026 | 3,882 | 9 | 63 | 306 | N/A |
| 3/31/2026 | 3,822 | 14 | 102 | 335 | N/A |
| 12/31/2025 | 3,762 | 18 | 141 | 364 | N/A |
| 9/30/2025 | 3,749 | 19 | 119 | 310 | N/A |
| 6/30/2025 | 3,735 | 20 | 96 | 255 | N/A |
| 3/31/2025 | 3,746 | 19 | 100 | 264 | N/A |
| 12/31/2024 | 3,756 | 18 | 104 | 272 | N/A |
| 9/30/2024 | 3,815 | -21 | -694 | -530 | N/A |
| 6/30/2024 | 3,724 | -185 | 636 | 860 | N/A |
| 3/31/2024 | 3,707 | -227 | 933 | 1,178 | N/A |
| 12/31/2023 | 3,764 | -207 | 166 | 399 | N/A |
| 9/30/2023 | 3,656 | -193 | 1,226 | 1,515 | N/A |
| 6/30/2023 | 3,696 | -118 | 1,247 | 1,568 | N/A |
| 3/31/2023 | 3,525 | -102 | 1,151 | 1,483 | N/A |
| 12/31/2022 | 3,326 | -85 | 1,047 | 1,387 | N/A |
| 9/30/2022 | 2,915 | -111 | 919 | 1,223 | N/A |
| 6/30/2022 | 3,006 | -157 | 949 | 1,270 | N/A |
| 3/31/2022 | 3,085 | -258 | 828 | 1,168 | N/A |
| 12/31/2021 | 3,012 | -357 | 649 | 994 | N/A |
| 9/30/2021 | 2,952 | -567 | 580 | 912 | N/A |
| 6/30/2021 | 2,981 | -799 | 526 | 855 | N/A |
| 3/31/2021 | 3,162 | -843 | 741 | 1,094 | N/A |
| 12/31/2020 | 3,326 | -882 | 950 | 1,325 | N/A |
| 9/30/2020 | 3,307 | -541 | 714 | 1,112 | N/A |
| 6/30/2020 | 3,338 | -240 | 511 | 935 | N/A |
| 3/31/2020 | 3,321 | -72 | N/A | 1,031 | N/A |
| 12/31/2019 | 3,509 | 102 | N/A | 1,198 | N/A |
| 9/30/2019 | 3,177 | 95 | N/A | 1,188 | N/A |
| 6/30/2019 | 3,199 | 98 | N/A | 1,305 | N/A |
| 3/31/2019 | 3,205 | 102 | N/A | 1,002 | N/A |
| 12/31/2018 | 3,062 | 102 | N/A | 651 | N/A |
| 9/30/2018 | 3,091 | 108 | N/A | 603 | N/A |
| 6/30/2018 | 3,091 | 114 | N/A | 548 | N/A |
| 3/31/2018 | 3,293 | 140 | N/A | 566 | N/A |
| 12/31/2017 | 3,176 | 154 | N/A | 528 | N/A |
| 9/30/2017 | 3,134 | 167 | N/A | 529 | N/A |
| 6/30/2017 | 3,029 | 175 | N/A | 519 | N/A |
| 3/31/2017 | 2,856 | 171 | N/A | 521 | N/A |
| 12/31/2016 | 2,752 | 171 | N/A | 533 | N/A |
| 9/30/2016 | 2,788 | 168 | N/A | 544 | N/A |
| 6/30/2016 | 2,749 | 160 | N/A | 541 | N/A |
| 3/31/2016 | 2,877 | 173 | N/A | 537 | N/A |
| 12/31/2015 | 2,842 | 177 | N/A | 499 | N/A |
| 9/30/2015 | 2,826 | 176 | N/A | 489 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IWG's forecast earnings growth (42% per year) is above the savings rate (3.6%).
Earnings vs Market: IWG's earnings (42% per year) are forecast to grow faster than the UK market (11.1% per year).
High Growth Earnings: IWG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IWG's revenue (3.2% per year) is forecast to grow slower than the UK market (3.7% per year).
High Growth Revenue: IWG's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IWG's Return on Equity is forecast to be very high in 3 years time (106.2%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 23:11 |
| End of Day Share Price | 2026/09/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
International Workplace Group plc is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| "Paul May | Barclays |
| Paul May | Barclays |
| James Zaremba | Barclays |