Company Valuation: Workspace Group Plc

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,240 836.4 982.8 797.2 656.7 663.5 - -
Change - -32.53% 17.51% -18.89% -17.62% 1.04% - -
Enterprise Value (EV) 1 1,797 1,738 1,838 1,617 1,403 1,292 1,278 1,281
Change - -3.28% 5.72% -12.02% -13.22% -7.9% -1.11% 0.21%
P/E 10.1x -21.9x -5.1x 148x -5.46x -14.2x 11.9x 8.63x
PBR - - 0.63x 0.54x 0.5x 0.54x 0.53x 0.51x
PEG - 0x -0x -1x 0x 0.2x -0x 0.2x
Capitalization / Revenue 9.33x 4.8x 7.79x 6.53x 5.79x 6.58x 6.29x 5.85x
EV / Revenue 13.5x 9.98x 14.6x 13.2x 12.4x 12.8x 12.1x 11.3x
EV / EBITDA 25.6x 17.8x 17.8x 16.4x 15.1x 16.6x 15.9x 14.9x
EV / EBIT 26.7x 18.3x 18.2x 16.4x 15.3x 17x 16.1x 14.7x
EV / FCF 26.8x -14.3x - 91.3x 126x 14.2x 128x 71.1x
FCF Yield 3.73% -6.98% - 1.09% 0.79% 7.04% 0.78% 1.41%
Dividend per Share 2 0.215 0.258 0.28 0.284 0.261 0.1967 0.178 0.1882
Rate of return 3.14% 5.91% 5.46% 6.84% 7.64% 5.71% 5.17% 5.46%
EPS 2 0.681 -0.199 -1.004 0.028 -0.626 -0.2418 0.2885 0.3992
Distribution rate 31.6% -130% -27.9% 1,014% -41.7% -81.4% 61.7% 47.1%
Net sales 1 132.9 174.2 126.2 122.1 113.4 100.9 105.4 113.4
EBITDA 1 70.1 97.4 103.2 98.8 93.1 77.75 80.18 86.18
EBIT 1 67.4 95.1 100.9 98.8 91.7 76.16 79.14 87.29
Net income 1 123.9 -37.8 -192.5 5.4 -120.3 -46.74 68.87 86.9
Net Debt 1 557.7 902 854.9 819.7 746.5 628.8 614.5 617.1
Reference price 2 6.850 4.368 5.125 4.150 3.415 3.444 3.444 3.444
Nbr of stocks (in thousands) 180,963 191,478 191,775 192,086 192,289 192,649 - -
Announcement Date 6/8/22 5/25/23 6/5/24 6/5/25 6/10/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-15.15x13.23x17.16x5.37% 879M
39.9x18.49x23.64x3.28% 121B
30.26x13.76x17.4x4.53% 65.81B
36.51x14.64x15.12x5.92% 52.4B
18.8x15.9x18.09x1.1% 37.31B
16.6x25.57x28x3.46% 16.56B
26.16x10.53x14.5x4.79% 15.21B
8.13x11.77x14.41x6.25% 14.51B
17.65x15.91x23.13x5.45% 13.77B
28.84x11.08x16.17x4.23% 13.35B
Average 20.77x 15.09x 18.76x 4.44% 35.04B
Weighted average by Cap. 30.89x 16.06x 19.71x 4%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Workspace Group Plc

Historical PBR trend

Valuation ratios - PBR - Workspace Group Plc

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Workspace Group Plc

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Workspace Group Plc


Year-on-year evolution of the Yield

Valuation ratios - Yield - Workspace Group Plc
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