Watkin Jones Valuation

Is WJG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WJG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WJG (£0.24) is trading above our estimate of fair value (£0.01)

Significantly Below Fair Value: WJG is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for WJG?

Key metric: As WJG is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for WJG. This is calculated by dividing WJG's market cap by their current revenue.
What is WJG's PS Ratio?
PS Ratio0.1x
SalesUK£434.48m
Market CapUK£60.10m

Price to Sales Ratio vs Peers

How does WJG's PS Ratio compare to its peers?

The above table shows the PS ratio for WJG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6x
ETLN Etalon Group
0.3x10.5%US$210.9m
ASPL Aseana Properties
13.4xn/aUS$14.8m
HWG Harworth Group
5.6x19.7%UK£535.7m
CNN Caledonian Trust
4.9xn/aUK£8.2m
WJG Watkin Jones
0.1x1.6%UK£60.1m

Price-To-Sales vs Peers: WJG is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (8x).


Price to Sales Ratio vs Industry

How does WJG's PS Ratio compare vs other companies in the GB Real Estate Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.4.3x3.1%
WJG Watkin Jones
0.1x1.6%US$75.77m
IWG International Workplace Group
0.6x6.1%US$2.15b
ETLN Etalon Group
0.3x10.5%US$210.89m
WJG 0.1xIndustry Avg. 4.3xNo. of Companies10PS02.44.87.29.612+
10 CompaniesEstimated GrowthMarket Cap
Industry Avg.4.3x57.7%
WJG Watkin Jones
0.1x105.7%US$75.77m
No more companies

Price-To-Sales vs Industry: WJG is good value based on its Price-To-Sales Ratio (0.1x) compared to the UK Real Estate industry average (4.2x).


Price to Sales Ratio vs Fair Ratio

What is WJG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WJG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: WJG is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WJG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.24
UK£0.62
+161.1%
47.3%UK£1.03UK£0.36n/a3
Nov ’25UK£0.26
UK£0.62
+135.7%
47.3%UK£1.03UK£0.36n/a3
Oct ’25UK£0.26
UK£0.62
+138.0%
47.3%UK£1.03UK£0.36n/a3
Sep ’25UK£0.30
UK£0.62
+106.2%
47.6%UK£1.03UK£0.36n/a3
Aug ’25UK£0.52
UK£0.79
+53.7%
27.7%UK£1.03UK£0.50n/a3
Jul ’25UK£0.45
UK£0.79
+76.3%
27.7%UK£1.03UK£0.50n/a3
Jun ’25UK£0.49
UK£0.79
+62.9%
27.7%UK£1.03UK£0.50n/a3
May ’25UK£0.45
UK£0.79
+77.1%
27.7%UK£1.03UK£0.50n/a3
Apr ’25UK£0.41
UK£0.79
+94.9%
27.7%UK£1.03UK£0.50n/a3
Mar ’25UK£0.46
UK£0.79
+71.3%
27.7%UK£1.03UK£0.50n/a3
Feb ’25UK£0.50
UK£0.78
+54.1%
31.2%UK£1.03UK£0.45n/a3
Jan ’25UK£0.58
UK£0.78
+33.2%
31.2%UK£1.03UK£0.45n/a3
Dec ’24UK£0.47
UK£0.78
+63.5%
31.2%UK£1.03UK£0.45n/a3
Nov ’24UK£0.36
UK£1.02
+184.1%
46.2%UK£1.75UK£0.45UK£0.264
Oct ’24UK£0.40
UK£1.02
+155.0%
46.2%UK£1.75UK£0.45UK£0.264
Sep ’24UK£0.46
UK£1.02
+123.9%
46.2%UK£1.75UK£0.45UK£0.304
Aug ’24UK£0.47
UK£0.97
+105.3%
54.2%UK£1.75UK£0.27UK£0.524
Jul ’24UK£0.71
UK£1.63
+128.3%
30.8%UK£2.47UK£0.93UK£0.455
Jun ’24UK£0.64
UK£1.63
+156.7%
30.8%UK£2.47UK£0.93UK£0.495
May ’24UK£0.97
UK£1.55
+60.7%
16.9%UK£1.75UK£1.11UK£0.454
Apr ’24UK£0.89
UK£1.55
+74.8%
16.9%UK£1.75UK£1.11UK£0.414
Mar ’24UK£0.95
UK£1.55
+62.9%
16.9%UK£1.75UK£1.11UK£0.464
Feb ’24UK£1.13
UK£1.55
+36.9%
16.9%UK£1.75UK£1.11UK£0.504
Jan ’24UK£1.00
UK£1.89
+88.2%
27.2%UK£2.40UK£1.11UK£0.584
Dec ’23UK£0.98
UK£2.17
+121.0%
11.5%UK£2.40UK£1.75UK£0.474
Nov ’23UK£0.95
UK£2.30
+143.6%
14.9%UK£2.82UK£1.75UK£0.365

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies