Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.
1986
318
LTM Revenue $184M
LTM EBITDA $126M
$2.1B
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Workspace Group has a last 12-month revenue of $184M and a last 12-month EBITDA of $126M.
In the most recent fiscal year, Workspace Group achieved revenue of $237M and an EBITDA of -$202M.
Workspace Group expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Workspace Group valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $224M | $237M | XXX | XXX | XXX |
Gross Profit | $112M | $150M | XXX | XXX | XXX |
Gross Margin | 50% | 63% | XXX | XXX | XXX |
EBITDA | -$3.3M | -$202M | XXX | XXX | XXX |
EBITDA Margin | -1% | -85% | XXX | XXX | XXX |
Net Profit | $160M | -$48.7M | XXX | XXX | XXX |
Net Margin | 71% | -21% | XXX | XXX | XXX |
Net Debt | $712M | $1.2B | XXX | XXX | XXX |
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As of April 15, 2025, Workspace Group's stock price is GBP 4 (or $5).
Workspace Group has current market cap of GBP 768M (or $989M), and EV of GBP 1.7B (or $2.1B).
See Workspace Group trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$2.1B | $989M | XXX | XXX | XXX | XXX | $0.44 |
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Sign UpAs of April 15, 2025, Workspace Group has market cap of $989M and EV of $2.1B.
Workspace Group's trades at 11.6x LTM EV/Revenue multiple, and 16.9x LTM EBITDA.
Analysts estimate Workspace Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Workspace Group and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $2.1B | XXX | XXX | XXX |
EV/Revenue | 10.8x | XXX | XXX | XXX |
EV/EBITDA | 48.9x | XXX | XXX | XXX |
P/E | -205.3x | XXX | XXX | XXX |
P/E/Growth | n/a | XXX | XXX | XXX |
EV/FCF | 57.8x | XXX | XXX | XXX |
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Sign UpWorkspace Group's NTM/LTM revenue growth is 4%
Workspace Group's revenue per employee for the last fiscal year averaged $0.7M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Workspace Group's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Workspace Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Workspace Group and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 6% | XXX | XXX | XXX | XXX |
EBITDA Margin | 22% | XXX | XXX | XXX | XXX |
EBITDA Growth | 5942% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 26% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.7M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 4% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
Opex to Revenue | 14% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Scentre Group | XXX | XXX | XXX | XXX | XXX | XXX |
WOTSO Flexspace | XXX | XXX | XXX | XXX | XXX | XXX |
Shurgard | XXX | XXX | XXX | XXX | XXX | XXX |
HSI Renda ImobiliƔria | XXX | XXX | XXX | XXX | XXX | XXX |
Segro | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Workspace Group acquired XXX companies to date.
Last acquisition by Workspace Group was XXXXXXXX, XXXXX XXXXX XXXXXX . Workspace Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was Workspace Group founded? | Workspace Group was founded in 1986. |
Where is Workspace Group headquartered? | Workspace Group is headquartered in United Kingdom of Great Britain and Northern Ireland. |
How many employees does Workspace Group have? | As of today, Workspace Group has 318 employees. |
Who is the CEO of Workspace Group? | Workspace Group's CEO is Mr. Lawrence Francis Hutchings. |
Is Workspace Group publicy listed? | Yes, Workspace Group is a public company listed on LON. |
What is the stock symbol of Workspace Group? | Workspace Group trades under WKP ticker. |
When did Workspace Group go public? | Workspace Group went public in 1993. |
Who are competitors of Workspace Group? | Similar companies to Workspace Group include e.g. Scentre Group, WOTSO Flexspace, Shurgard, HSI Renda ImobiliƔria. |
What is the current market cap of Workspace Group? | Workspace Group's current market cap is $989M |
What is the current revenue of Workspace Group? | Workspace Group's last 12-month revenue is $184M. |
What is the current EBITDA of Workspace Group? | Workspace Group's last 12-month EBITDA is $126M. |
What is the current EV/Revenue multiple of Workspace Group? | Current revenue multiple of Workspace Group is 11.6x. |
What is the current EV/EBITDA multiple of Workspace Group? | Current EBITDA multiple of Workspace Group is 16.9x. |
What is the current revenue growth of Workspace Group? | Workspace Group revenue growth between 2023 and 2024 was 6%. |
Is Workspace Group profitable? | Yes, Workspace Group is EBITDA-positive (as of the last 12 months). |
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