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Workspace GroupCHIX:WKPL +0.93%63 EV-to-OCF is 24.26 as of Aug. 29, 2026, which is 15% below its 10-year median of 28.71. GuruFocus rates CHIX:WKPL with a GF Score™ of 63/100 and a GF Value™ of £4.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 921 REITs companies, Workspace Group ranks worse than 68.51% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Workspace Group's Enterprise Value is £1,518.6 Mil.
Workspace Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £62.6 Mil. Therefore, Workspace Group's EV-to-OCF for today is 24.26.
The historical rank and industry rank for Workspace Group's EV-to-OCF or its related term are showing as below:
CHIX:WKPl'
s EV-to-OCF Range Over the Past 10 Years
Min: 17.23 Med: 28.71 Max: 61.24
Current: 24.26
During the past 13 years, the highest EV-to-OCF of Workspace Group was 61.24. The lowest was 17.23. And the median was 28.71.
CHIX:WKPl's EV-to-OCF is ranked worse than 68.51% of 921
companies
in the REITs industry
Industry Median: 17.88
vs CHIX:WKPl: 24.26
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Workspace Group's PE Ratio (TTM) for today is calculated as:
Workspace Group's share price for today is £3.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Workspace Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £-0.626.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Workspace Group EV-to-OCF Related Terms
Workspace Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Workspace Group's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Office subindustry, Workspace Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Workspace Group EV-to-OCF vs REITs Industry
For the REITs industry and Real Estate sector, Workspace Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Workspace Group's EV-to-OCF falls into.
Workspace Group's current Enterprise Value is £1,518.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Workspace Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £62.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Workspace Group (CHIX:WKPL) has a EV-to-OCF of 24.26 as of Aug. 29, 2026. This is 15% below median its historical median of 28.71. Over the past decade, Workspace Group's EV-to-OCF has ranged from 17.23 to 61.24. According to the industry distribution chart, Workspace Group ranks #631 out of 921 companies in the REITs industry, placing it in the top 68.5%.
Is Workspace Group's EV-to-OCF too high?
Workspace Group's current EV-to-OCF of 24.26 is 15% below median its 10-year median of 28.71. Over the past 10 years, this metric has ranged from a low of 17.23 to a high of 61.24. The REITs industry median EV-to-OCF is 17.88. Workspace Group's value of 24.26 is 35.7% above this industry median. Based on the distribution chart, Workspace Group ranks #631 out of 921 companies in the REITs industry, which is below the industry midpoint. Overall, Workspace Group has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workspace Group's EV-to-OCF compare to BXP and ARE?
According to the REITs industry distribution chart, Workspace Group ranks #631 out of 921 companies for EV-to-OCF. This places Workspace Group in the lower half of its industry. The industry median EV-to-OCF is 17.88. Workspace Group's value of 24.26 is 35.7% above this benchmark. Historically, Workspace Group's own EV-to-OCF has ranged from 17.23 to 61.24 over the past decade. While the company's 10-year median is 28.71 vs. the industry median of 17.88, Workspace Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 17.88, based on 921 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Workspace Group's current EV-to-OCF of 24.26 is 35.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median EV-to-OCF is 17.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workspace Group's current EV-to-OCF is 24.26, which is 15% below median its own 10-year median of 28.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workspace Group stock overvalued right now?
Based on GuruFocus' analysis, Workspace Group (CHIX:WKPL) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.16, compared to a current price of £3.70 — trading 11.1% below its estimated fair value. The current EV-to-OCF is 24.26, which is 15% below median its 10-year median of 28.71 and 35.7% above the REITs industry median of 17.88. Workspace Group's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Workspace Group (CHIX:WKPL), the current EV-to-OCF is 24.26 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Workspace Group (CHIX:WKPL) Overvalued in 2026?
Based on GuruFocus' analysis, Workspace Group stock appears to be undervalued.
The current stock price of £3.70 is trading 11.1% below its estimated GF Value™ of £4.16.
GuruFocus considers Workspace Group to be Modestly Undervalued.
Key valuation signals for CHIX:WKPL:
EV-to-OCF: 24.26 (15% below median its 10-year median of 28.71)
GF Value™: £4.16 vs. price of £3.70 (11.1% below fair value)
Industry Position: 35.7% above the REITs median (#631 of 921)
No single metric tells the full story. See the CHIX:WKPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
63GF Score
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