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International Workplace Group plcLSE:IWG Stock Report

Market Cap UK£1.8b
Share Price
UK£1.88
UK£2.81
33.3% undervalued intrinsic discount
1Y-1.8%
7D-0.4%
Portfolio Value
View

International Workplace Group plc

LSE:IWG Stock Report

Market Cap: UK£1.8b

International Workplace Group (IWG) Stock Overview

Provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details

IWG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health1/6
Dividends0/6

IWG Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

International Workplace Group plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for International Workplace Group
Historical stock prices
Current Share PriceUK£1.88
52 Week HighUK£2.51
52 Week LowUK£1.64
Beta1.57
1 Month Change-6.34%
3 Month Change-15.99%
1 Year Change-1.83%
3 Year Change25.00%
5 Year Change-48.97%
Change since IPO-24.61%

Recent News & 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.

Recent 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.
User avatar
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...
Analysis Article Mar 11

IWG plc (LON:IWG) Just Released Its Annual Earnings: Here's What Analysts Think

Last week, you might have seen that IWG plc ( LON:IWG ) released its yearly result to the market. The early response...
Analysis Article Feb 22

Did IWG plc (LON:IWG) Insiders Buy Up More Shares?

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...
Analysis Article Jan 17

Did IWG's (LON:IWG) Share Price Deserve to Gain 29%?

By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...
Analysis Article Dec 13

These 4 Measures Indicate That IWG (LON:IWG) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

IWGGB Real EstateGB Market
7D-0.4%-1.7%-0.7%
1Y-1.8%-14.8%17.0%

Return vs Industry: IWG exceeded the UK Real Estate industry which returned -14.8% over the past year.

Return vs Market: IWG underperformed the UK Market which returned 17% over the past year.

Price Volatility

Is IWG's price volatile compared to industry and market?
IWG volatility
IWG Average Weekly Movement5.3%
Real Estate Industry Average Movement4.2%
Market Average Movement5.6%
10% most volatile stocks in GB Market12.0%
10% least volatile stocks in GB Market3.1%

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

Volatility Over Time: IWG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198910,000Mark Dixonwww.iwgplc.com

International Workplace Group plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers office space, coworking, membership, virtual offices, meeting rooms, and workplace recovery products. It provides its services franchise partners, landlords, and property owners under the Regus, Signature, Spaces, HQ, Basepoint, Stop & Work, The Office Operators, The Clubhouse, BizDojo, Open Office, No18, Central Working, and Copernico brand names.

International Workplace Group plc Fundamentals Summary

How do International Workplace Group's earnings and revenue compare to its market cap?
IWG fundamental statistics
Market capUK£1.81b
Earnings (TTM)UK£13.52m
Revenue (TTM)UK£2.82b
133.9x
P/E Ratio
0.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IWG income statement (TTM)
RevenueUS$3.76b
Cost of RevenueUS$2.73b
Gross ProfitUS$1.03b
Other ExpensesUS$1.01b
EarningsUS$18.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 11, 2026

Earnings per share (EPS)0.019
Gross Margin27.41%
Net Profit Margin0.48%
Debt/Equity Ratio-356.4%

How did IWG perform over the long term?

See historical performance and comparison

Dividends

0.6%
Current Dividend Yield
77%
Payout Ratio

Does IWG pay a reliable dividends?

See IWG dividend history and benchmarks
When do you need to buy IWG by to receive an upcoming dividend?
International Workplace Group dividend dates
Ex Dividend DateApr 30 2026
Dividend Pay DateMay 29 2026
Days until Ex dividend18 days
Days until Dividend pay date11 days

Does IWG pay a reliable dividends?

See IWG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 03:39
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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.

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 Github.

Analyst Sources

International Workplace Group plc is covered by 18 analysts. 9 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
James ZarembaBarclays
Paul MayBarclays