Workspace Group PLC (WKP) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Workspace Group PLC £0.69, price £3.56, upside -80.6%, quality 55 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
- Add to watchlist
Workspace Group PLC
WKP · LSEStructural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Stretched ValuationStrong overvaluation with only moderate quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range £2.69 – £7.35 · fair‑value band £0.3100 – £2.39 · the £3.56 price screens above the £0.6900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Every Wednesday you see whether Workspace Group is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Workspace Group Plc is London's leading owner and operator of flexible workspace, currently managing 3.8 million sq. ft. of sustainable space at 57 locations in London and the Southeast. The firm is home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors.
Show more
Workspace Group Plc is London's leading owner and operator of flexible workspace, currently managing 3.8 million sq. ft. of sustainable space at 57 locations in London and the Southeast. The firm is home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Their purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential. They have a unique combination of a highly effective and scalable operating platform, a portfolio of distinctive properties, and an ownership model that allows us to offer true flexibility. The firm provide customers with space to create a home for their business, alongside leases that give them the freedom to easily scale up and down within our well-connected, extensive portfolio. They are inherently sustainable and invest across the capital, breathing new life into old buildings and creating hubs of economic activity that help flatten London's working map. Workspace Group Plc work closely with their local communities to ensure they make a positive and lasting environmental and social impact, creating value over the long term. Workspace was established in July 10, 1987 and incorporated in United Kingdom and has been listed on the London Stock Exchange since 1993.
Stock analysis
Workspace Group PLC (WKP) currently trades at £3.56, while our model-based Fair Value estimate is £0.6900, implying the stock looks roughly 416.0% overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of £4.62 per share, and 3 of the 11 models we run sit above the £3.56 price.
Bear case: the Growth DCF group reads lowest at £0.1900, and 8 of the 11 models stay below the price. Evidence for this calculation is low.
Scenario range: £0.3100 (bear) to £2.39 (bull), the price of £3.56 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 55/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Workspace Group PLC reported revenue of £181M in FY2026 versus £133M in FY2022, a compound +8.1%/yr. Reported net income was −£120M in FY2026.
Key figures
Market cap 684M GBX · P/S ratio 3.75 · EPS (TTM) £−0.6300 · Dividend yield 8.0% · Net margin −66.3% · Return on equity −8.5% · Return on assets (EBIT) 1.1% · Operating margin 53.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
For context, the median of 10 Real Estate peers we cover trades at 2% fair-value upside, at −81%, WKP screens richer than that median.
Fair Value models
All 12 models by family
Notify me when WKP reaches fair value
Put WKP on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 55 · Market factors (momentum, volatility) 51
Revenue & earnings trend
Growth Forecast
WKP screens 416% overvalued. Compare with BXP, Inc →
Compare Workspace Group PLC with another stock
Price, fair value, quality and upside side by side.
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.REIT - Office · 68 stocks
Valuation Multiplesvs REIT - Office median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Real Estate sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Real Estate
- Undervalued stocks: UK Stocks
- Valuation of the UK market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more REIT - Office stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| BXP, Inc BXP | $64.31 | $53.27 | −17% |
| MERLIN Properties SOCIMI, S.A MRL | €12.58 | €8.81 | −30% |
| Vornado Realty Trust VNORP | $70.25 | $48.20 | −31% |
| Alexandria Real Estate Equities, Inc ARE | $53.85 | $96.26 | +79% |
| Hudson Pacific Properties, Inc HPP | $12.08 | $2.97 | −75% |
| Gecina GFC | €65.80 | €75.35 | +15% |
| Mapletree Pan Asia Commercial Trust N2IU | 1.22 SGD | 1.26 SGD | +3% |
| Cousins Properties Incorporated CUZ | $28.90 | $7.87 | −73% |
| Kilroy Realty Corporation KRC | $34.74 | $35.56 | +2% |
| Keppel DC REIT AJBU | 2.14 SGD | 3.04 SGD | +42% |
Explore undervalued stocks
More undervalued Real Estate stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Workspace Group PLC (WKP) overvalued or undervalued?
What is the fair value of WKP?
What is the quality score of WKP?
What is the price target for Workspace Group PLC (WKP)?
What is the Workspace Group PLC stock forecast for 2026?
What is the revenue of Workspace Group PLC (WKP)?
Does Workspace Group PLC pay a dividend?
What growth is priced into Workspace Group PLC (WKP)?
What discount rate (WACC) does the fair value of WKP use?
What is a reverse DCF?
How much growth has Workspace Group PLC (WKP) delivered so far?
How fast is the sector of Workspace Group PLC (WKP) growing?
What is the free cash flow yield of Workspace Group PLC (WKP)?
What is the intrinsic value of Workspace Group PLC (WKP)?
Is Workspace Group PLC stock overvalued or undervalued in 2026?
Is fair value the same as the market price of WKP?
How much is Workspace Group PLC worth?
What do the bullish and bearish scenarios say about WKP?
What is the PEG ratio of WKP?
How solid is the balance sheet of Workspace Group PLC (WKP)?
Which stocks are comparable to Workspace Group PLC?
Is Workspace Group PLC stock attractive at the current price?
How is the fair value of WKP calculated?
Is it still worth investing in stocks now?
What is the share price of Workspace Group PLC (WKP)?
What should I pay attention to with Workspace Group PLC right now?
Key figures of Workspace Group PLC
How large is the market capitalisation of Workspace Group PLC (WKP)?
What is the P/S ratio of Workspace Group PLC (WKP)?
What are the earnings per share of Workspace Group PLC (WKP)?
What is the dividend yield of Workspace Group PLC (WKP)?
What is the net margin of Workspace Group PLC (WKP)?
What is the return on equity of Workspace Group PLC (WKP)?
What is the EBIT return on assets of Workspace Group PLC (WKP)?
What is the operating margin of Workspace Group PLC (WKP)?
How fast is revenue growing at Workspace Group PLC (WKP)?
How fast are earnings growing at Workspace Group PLC (WKP)?
How much net debt does Workspace Group PLC (WKP) carry?
Watch Workspace Group PLC in the live analysis
One click puts Workspace Group PLC on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.