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 1,240 836.4 982.8 797.2 656.7 655.8 - -
Change - -32.53% 17.51% -18.89% -17.62% -0.14% - -
Enterprise Value (EV) 1 1,797 1,738 1,838 1,617 1,403 1,285 1,270 1,273
Change - -3.28% 5.72% -12.02% -13.22% -8.45% -1.12% 0.21%
P/E 10.1x -21.9x -5.1x 148x -5.46x -11x 11.8x 8.64x
PBR - - 0.63x 0.54x 0.5x 0.54x 0.52x 0.51x
PEG - 0x -0x -1x 0x 0.2x -0x 0.2x
Capitalization / Revenue 9.33x 4.8x 7.79x 6.53x 5.79x 6.5x 6.22x 5.8x
EV / Revenue 13.5x 9.98x 14.6x 13.2x 12.4x 12.7x 12.1x 11.3x
EV / EBITDA 25.6x 17.8x 17.8x 16.4x 15.1x 16.5x 15.8x 14.8x
EV / EBIT 26.7x 18.3x 18.2x 16.4x 15.3x 16.9x 16.1x 14.7x
EV / FCF 26.8x -14.3x - 91.3x 126x -31.3x 127x 74.9x
FCF Yield 3.73% -6.98% - 1.09% 0.79% -3.19% 0.79% 1.34%
Dividend per Share 2 0.215 0.258 0.28 0.284 0.261 0.1948 0.1778 0.1866
Rate of return 3.14% 5.91% 5.46% 6.84% 7.64% 5.72% 5.22% 5.48%
EPS 2 0.681 -0.199 -1.004 0.028 -0.626 -0.31 0.2875 0.3938
Distribution rate 31.6% -130% -27.9% 1,014% -41.7% -62.8% 61.8% 47.4%
Net sales 1 132.9 174.2 126.2 122.1 113.4 100.9 105.4 113
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 86.79
Net income 1 123.9 -37.8 -192.5 5.4 -120.3 -59.84 68.8 86.28
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 3.404 3.404 3.404
Nbr of stocks (in thousands) 180,963 191,478 191,775 192,086 192,289 192,649 - -
Announcement Date 6/8/22 A 5/25/23 A 6/5/24 A 6/5/25 A 6/10/26 A - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-11.02x12.75x16.55x5.7% 876M
33.67x18.02x22.62x3.38% 120B
32.41x14.43x18.53x4.24% 68.69B
37.69x14.88x15.38x5.74% 53.59B
18.34x15.52x17.65x1.13% 38.49B
13.97x24.8x27.16x3.59% 16.38B
27.58x10.94x15.04x4.53% 15.9B
8.31x11.88x14.55x6% 14.79B
18.13x16.2x23.54x5.31% 14.13B
29.8x11.31x16.56x4.09% 13.57B
Average 20.89x 15.07x 18.76x 4.37% 35.66B
Weighted average by Cap. 29.27x 15.99x 19.54x 3.94%

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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