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Workspace Group DB:WRX1 Stock Report

Last Price

€5.40

Market Cap

€1.1b

7D

-6.9%

1Y

-11.2%

Updated

08 Jan, 2025

Data

Company Financials +

WRX1 Stock Overview

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. More details

WRX1 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Workspace Group Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Workspace Group
Historical stock prices
Current Share PriceUK£5.40
52 Week HighUK£7.75
52 Week LowUK£5.40
Beta1.07
1 Month Change-12.90%
3 Month Change-25.52%
1 Year Change-11.18%
3 Year Change-43.46%
5 Year Change-58.68%
Change since IPO-88.51%

Recent News & Updates

Recent updates

Shareholder Returns

WRX1DE Office REITsDE Market
7D-6.9%-2.6%1.7%
1Y-11.2%-13.1%9.4%

Return vs Industry: WRX1 exceeded the German Office REITs industry which returned -12.6% over the past year.

Return vs Market: WRX1 underperformed the German Market which returned 9.6% over the past year.

Price Volatility

Is WRX1's price volatile compared to industry and market?
WRX1 volatility
WRX1 Average Weekly Movement4.5%
Office REITs Industry Average Movement2.9%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.5%
10% least volatile stocks in DE Market2.4%

Stable Share Price: WRX1 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: WRX1's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987329Lawrence Hutchingswww.workspace.co.uk

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors.

Workspace Group Plc Fundamentals Summary

How do Workspace Group's earnings and revenue compare to its market cap?
WRX1 fundamental statistics
Market cap€1.06b
Earnings (TTM)-€41.23m
Revenue (TTM)€222.91m

4.7x

P/S Ratio

-25.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WRX1 income statement (TTM)
RevenueUK£186.00m
Cost of RevenueUK£60.30m
Gross ProfitUK£125.70m
Other ExpensesUK£160.10m
Earnings-UK£34.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin67.58%
Net Profit Margin-18.49%
Debt/Equity Ratio56.1%

How did WRX1 perform over the long term?

See historical performance and comparison

Dividends

6.2%

Current Dividend Yield

72%

Payout Ratio

Does WRX1 pay a reliable dividends?

See WRX1 dividend history and benchmarks
When do you need to buy WRX1 by to receive an upcoming dividend?
Workspace Group dividend dates
Ex Dividend DateJan 09 2025
Dividend Pay DateFeb 03 2025
Days until Ex dividend0 days
Days until Dividend pay date25 days

Does WRX1 pay a reliable dividends?

See WRX1 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 09:27
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 world class team 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 .

Analyst Sources

Workspace Group Plc is covered by 26 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul MayBarclays
Paul MayBarclays
Miranda CockburnBerenberg