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Workspace Group (FRA:WRX1) Enterprise Value : €2,383.6 Mil (As of Jun. 25, 2024)


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What is Workspace Group Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Workspace Group's Enterprise Value is €2,383.6 Mil. Workspace Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €-185.1 Mil. Therefore, Workspace Group's EV-to-EBIT ratio for today is -12.88.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Workspace Group's Enterprise Value is €2,383.6 Mil. Workspace Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €-182.4 Mil. Therefore, Workspace Group's EV-to-EBITDA ratio for today is -13.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Workspace Group's Enterprise Value is €2,383.6 Mil. Workspace Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €214.6 Mil. Therefore, Workspace Group's EV-to-Revenue ratio for today is 11.11.


Workspace Group Enterprise Value Historical Data

The historical data trend for Workspace Group's Enterprise Value 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.

* Premium members only.

Workspace Group Enterprise Value Chart

Workspace Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,135.45 2,360.03 2,138.83 1,987.32 2,161.54

Workspace Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,138.83 1,952.09 1,987.32 2,114.08 2,161.54

Competitive Comparison of Workspace Group's Enterprise Value

For the REIT - Office subindustry, Workspace Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Workspace Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Workspace Group's Enterprise Value falls into.



Workspace Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Workspace Group's Enterprise Value for the fiscal year that ended in Mar. 2024 is calculated as

Workspace Group's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* 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  (FRA:WRX1) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Workspace Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2383.587/-185.12
=-12.88

Workspace Group's current Enterprise Value is €2,383.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Workspace Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €-185.1 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Workspace Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2383.587/-182.441
=-13.06

Workspace Group's current Enterprise Value is €2,383.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Workspace Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €-182.4 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Workspace Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2383.587/214.599
=11.11

Workspace Group's current Enterprise Value is €2,383.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Workspace Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €214.6 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 Enterprise Value Related Terms

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Workspace Group (FRA:WRX1) Business Description

Traded in Other Exchanges
Address
1-3 Brixton Road, Canterbury Court, Kennington Park, London, GBR, SW9 6DE
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.

Workspace Group (FRA:WRX1) Headlines

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