GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Workspace Group PLC (LSE:WKP) » Definitions » Market Cap

Workspace Group (LSE:WKP) Market Cap : £1,036.3 Mil (As of May. 14, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Workspace Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Workspace Group's share price for the quarter that ended in Sep. 2023 was £4.906. Workspace Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 191.9 Mil. Therefore, Workspace Group's market cap for the quarter that ended in Sep. 2023 was £941.5 Mil.

Workspace Group's quarterly market cap increased from Sep. 2022 (£763.9 Mil) to Mar. 2023 (£837.1 Mil) and increased from Mar. 2023 (£837.1 Mil) to Sep. 2023 (£941.5 Mil).

Workspace Group's annual market cap declined from Mar. 2021 (£1,448.9 Mil) to Mar. 2022 (£1,240.7 Mil) and declined from Mar. 2022 (£1,240.7 Mil) to Mar. 2023 (£837.1 Mil).

Enterprise Value is 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 and cash equivalents. Workspace Group's Enterprise Value for Today is £1,934.3 Mil.


Workspace Group Market Cap Historical Data

The historical data trend for Workspace Group's Market Cap 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 Market Cap Chart

Workspace Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,760.56 1,372.78 1,448.91 1,240.71 837.07

Workspace Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Market Cap 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 1,494.27 1,240.71 763.87 837.07 941.45

Competitive Comparison of Workspace Group's Market Cap

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

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

* The bar in red indicates where Workspace Group's Market Cap falls into.



Workspace Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Workspace Group's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=£4.368*191.638
=£837.1

Workspace Group's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=£4.906*191.898
=£941.5

* 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  (LSE:WKP) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Workspace Group Market Cap Related Terms

Thank you for viewing the detailed overview of Workspace Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Workspace Group (LSE:WKP) 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 (LSE:WKP) Headlines

No Headlines