IWG PLC (IWG) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of IWG PLC £0.31, price £1.76, upside -82.4%, quality 43 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
60‑month range £1.14 – £3.23 · fair‑value band £0.2300 – £0.3900 · the £1.76 price screens above the £0.3100 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 1, 2026.
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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.
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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. It also operates Home to work, Easy Offices, Worka, Rovva, Meetingo, and Managed Office Solutions. The company was formerly known as IWG plc and changed its name to International Workplace Group plc in May 2024. International Workplace Group plc was founded in 1989 and is headquartered in Zug, Switzerland.
Stock analysis
IWG PLC (IWG) currently trades at £1.76, while our model-based Fair Value estimate is £0.3100, 82.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £1.68 per share, and 6 of the 23 models we run sit above the £1.76 price.
Bear case: the Earnings-Based group reads lowest at £0.1300, and 17 of the 23 models stay below the price. Evidence for this calculation is low.
Scenario range: £0.2300 (bear) to £0.3900 (bull), the price of £1.76 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
IWG PLC reported revenue of $3.8B in FY2025 versus $2.2B in FY2021, a compound +14.6%/yr. Reported net income was $18.4M in FY2025.
Key figures
Market cap 1.8B GBX · P/E ratio 176.4 · P/S ratio 0.84 · EPS (TTM) £0.0100 · Dividend yield 0.6% · Net margin 0.5% · Return on equity 15.1% · Return on assets (EBIT) 1.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 29% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −10% fair-value upside, at −82%, IWG screens richer than that median.
Fair Value models
Bear £0.2300Fair Value £0.3100Bull £0.3900
Price £1.76 · Upside -82.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+4.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.6%
Start year 2020 (pandemic). Over 10 years: +7.1% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−26.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−27.0%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−27.0% vs −17.7%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.1% → 3%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+12.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−2.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +10.1% a year for the price and −5.0% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Real Estate Services · 535 stocks
Beats the industry median on 2/12 measures
Overall it trails its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside−82.4% · Bottom 25%
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets1.2% · Below median
Net margin (TTM)0.5% · Below median
Operating margin (TTM)4.9% · Below median
Growth and dividend
Revenue growth1.4% · Below median
Dividend yield (TTM)0.6% · Bottom 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (TTM)176.4× · Priciest 25%
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (TTM)0.63× · Cheaper than median
P/FCF13.8× · Pricier than median
EV/EBITDA6.7× · Cheapest 25%
PEG43.67× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 42
FUTURE (revenue growth)7· sector 19
PAST (return on equity)0· sector 16
HEALTH (low debt)0· sector 83
DIVIDEND (yield)12· sector 62
VALUE 0: the price sits above our fair-value range.
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "IWG PLC Fair Value". https://www.fairvalue-calculator.com/stock/IWG
Frequently asked questions
Is IWG PLC (IWG) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of £0.3100 versus a price of £1.76, about −82% upside (overvalued).
What is the fair value of IWG?
Our model-based fair value for IWG PLC is £0.3100 (as of Oct 1, 2026), built from audited fundamentals. The current price: £1.76.
What is the quality score of IWG?
IWG PLC has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for IWG PLC (IWG)?
Our model-based price target is the fair value of £0.3100 (as of Oct 1, 2026) from 23 valuation models. Cautious scenario £0.2300, optimistic scenario £0.3900. It is a calculation from audited fundamentals, not an analyst target.
What is the IWG PLC stock forecast for 2026?
Our models put fair value at £0.3100, about −82% upside versus a price of £1.76 (overvalued). Cautious scenario £0.2300, optimistic scenario £0.3900. The calculation is refreshed regularly with new filings.
What is the revenue of IWG PLC (IWG)?
IWG PLC reported trailing-twelve-month revenue of about $3.8B (latest available figure, as of Oct 1, 2026).
Does IWG PLC pay a dividend?
IWG PLC currently shows a dividend yield of about 0.59% relative to its recent price (as of Oct 1, 2026).
What growth is priced into IWG PLC (IWG)?
For today's price to be fair in a discounted-cash-flow model, IWG PLC would have to grow free cash flow by +12.7 % per year for five years (discount rate 11.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.6 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of IWG use?
Our models discount IWG PLC at 11.7 %: a base by market capitalisation (mid), damped by beta 1.56, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For IWG PLC that is +12.7 % per year a year over ten years, using the same discount rate (11.7 %) and the same formula as our fair value.
How much growth has IWG PLC (IWG) delivered so far?
Over the past 5 years revenue at IWG PLC grew +9.6 % a year. The price currently implies +12.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of IWG PLC (IWG) growing?
The median revenue growth in the sector is +7.4 % a year. That is the yardstick for the growth priced into IWG PLC (+12.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of IWG PLC (IWG)?
The free-cash-flow yield on the price is 7.24 %: that much free cash flow IWG PLC produces per unit of market value. When it exceeds the discount rate of our models (11.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of IWG PLC (IWG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For IWG PLC it is £0.3100 per share (as of Oct 1, 2026), against a price of £1.76. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is IWG PLC stock overvalued or undervalued in 2026?
As of Oct 1, 2026, IWG trades above its calculated fair value: price £1.76, fair value £0.3100, a gap of about −82% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of IWG?
No. The price is what the market pays today (£1.76); the fair value is what the company's own numbers justify (£0.3100). For IWG PLC the two are £1.45 per share apart. That gap is exactly why we show both numbers side by side.
How much is IWG PLC worth?
The market values IWG PLC at about 1.8B GBX (market capitalisation, as of Oct 1, 2026). Per share that is £1.76; our models calculate a fair value of £0.3100 per share.
What do the bullish and bearish scenarios say about IWG?
Our models span a range for IWG PLC: cautious scenario £0.2300, base £0.3100, optimistic £0.3900 per share (as of Oct 1, 2026, price £1.76). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of IWG?
IWG PLC trades at a price-to-earnings ratio of 176.4 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £0.3100 is built from several models across several years. Other multiples: PEG 43.7, P/S 0.6, EV/EBITDA 6.7.
What is the PEG ratio of IWG?
The PEG ratio of IWG PLC is 43.67 (P/E divided by earnings growth, as of Oct 1, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of IWG PLC (IWG)?
Balance-sheet figures for IWG PLC (as of Oct 1, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is IWG from its 52-week high?
IWG PLC trades at £1.76, about 29% below its 52-week high of £2.48 and 5% above the low of £1.68 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of £0.3100 is for.
Which stocks are comparable to IWG PLC?
From the same area (Real Estate) we also value Vingroup Joint Stock Company, CBRE Group, KE Holdings, Swire Properties Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is IWG PLC stock attractive at the current price?
The data as of Oct 1, 2026: price £1.76, calculated fair value £0.3100 (−82%), Quality Score 43/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of IWG calculated?
We run IWG PLC through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £0.3100, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. IWG PLC itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of IWG PLC (IWG)?
The closing price on Oct 2, 2026 was £1.76. Our model-based fair value is £0.3100, about −82% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with IWG PLC right now?
The price sits above even our optimistic bull case (£0.3900). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of IWG PLC
How large is the market capitalisation of IWG PLC (IWG)?
The market capitalisation of IWG PLC is 1.8B GBX. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of IWG PLC (IWG)?
The price-to-sales ratio of IWG PLC is 0.84 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of IWG PLC (IWG)?
Earnings per share at IWG PLC are £0.0100 (price ÷ EPS = P/E 176.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of IWG PLC (IWG)?
The dividend yield of IWG PLC is 0.6% (payout 104%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of IWG PLC (IWG)?
The net margin of IWG PLC is 0.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of IWG PLC (IWG)?
The return on equity (ROE) of IWG PLC is 15.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of IWG PLC (IWG)?
On an EBIT basis the return on assets of IWG PLC is 1.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of IWG PLC (IWG)?
The operating margin of IWG PLC is 4.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at IWG PLC (IWG)?
Revenue at IWG PLC is growing +1.4% versus a year earlier (3y avg +11.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at IWG PLC (IWG)?
Earnings per share at IWG PLC are growing −21.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does IWG PLC (IWG) carry?
The net debt of IWG PLC is $7.1B (fiscal year 2025, ≈ 41.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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