Workspace Group (LSE:WKP) OCF Margin %: 39.32% (As of Mar. 2026) — 11% Below Median


LSE:WKP Workspace Group PLC LSE:WKP
65 GF Score
Price £3.43
GF Value £4.54
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Workspace Group OCF Margin %?

Workspace Group LSE:WKP +1.12% 65 OCF Margin % is 39.32% as of Mar. 2026, which is 11% below its 10-year median of 44.41. GuruFocus rates LSE:WKP with a GF Score™ of 65/100 and a GF Value™ of £4.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 940 REITs companies, Workspace Group ranks worse than 63.94% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Workspace Group's Cash Flow from Operations for the six months ended in Mar. 2026 was £35.9 Mil. Workspace Group's Revenue for the six months ended in Mar. 2026 was £91.3 Mil. Therefore, Workspace Group's OCF Margin % for the quarter that ended in Mar. 2026 was 39.32%.

As of today, Workspace Group's current OCF Yield % is 9.47%.

The historical rank and industry rank for Workspace Group's OCF Margin % or its related term are showing as below:

LSE:WKP' s OCF Margin % Range Over the Past 10 Years
Min: 26.99   Med: 44.41   Max: 57.56
Current: 34.51


During the past 13 years, the highest OCF Margin % of Workspace Group was 57.56%. The lowest was 26.99%. And the median was 44.41%.

LSE:WKP's OCF Margin % is ranked worse than
63.94% of 940 companies
in the REITs industry
Industry Median: 49.3 vs LSE:WKP: 34.51


Workspace Group OCF Margin % Related Terms


Workspace Group OCF Margin % Historical Data

* Premium members only.

The historical data trend for Workspace Group's OCF Margin % 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.

Workspace Group OCF Margin % Chart

Workspace Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.57 45.24 29.25 41.36 34.51

Workspace Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF Margin % 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 45.30 34.74 47.95 29.63 39.32

LSE:WKP vs BXP, ARE, VNO: OCF Margin % Comparison

For the REIT - Office subindustry, Workspace Group's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs REITs Industry

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

* The bar in red indicates where Workspace Group's OCF Margin % falls into.


LSE:WKP
65GF Score
Workspace Group PLC LSE:WKP
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Workspace Group OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Workspace Group's OCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=62.6/181.4
=34.51 %

Workspace Group's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=35.9/91.3
=39.32 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 39.32% mean?
Workspace Group (LSE:WKP) has a OCF Margin % of 39.32% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Workspace Group and its competitors. This is 11% below median its historical median of 44.41. Over the past decade, Workspace Group's OCF Margin % has ranged from 26.99 to 57.56. According to the industry distribution chart, Workspace Group ranks #601 out of 940 companies in the REITs industry, placing it in the top 63.9%.
Is Workspace Group's OCF Margin % too high?
Workspace Group's current OCF Margin % of 39.32% is 11% below median its 10-year median of 44.41. Over the past 10 years, this metric has ranged from a low of 26.99 to a high of 57.56. The REITs industry median OCF Margin % is 49.30. Workspace Group's value of 39.32% is 20.2% below this industry median. Based on the distribution chart, Workspace Group ranks #601 out of 940 companies in the REITs industry, which is below the industry midpoint. Overall, Workspace Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workspace Group's OCF Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Workspace Group ranks #601 out of 940 companies for OCF Margin %. This places Workspace Group in the lower half of its industry. The industry median OCF Margin % is 49.30. Workspace Group's value of 39.32% is 20.2% below this benchmark. Historically, Workspace Group's own OCF Margin % has ranged from 26.99 to 57.56 over the past decade. While the company's 10-year median is 44.41 vs. the industry median of 49.30, Workspace Group has consistently been below 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.30, based on 940 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Workspace Group's current OCF Margin % of 39.32% is 20.2% below 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Workspace Group and its competitors. For the REITs industry, the median OCF Margin % is 49.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workspace Group's current OCF Margin % is 39.32%, which is 11% below median its own 10-year median of 44.41. 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 (LSE:WKP) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.54, compared to a current price of £3.43 — trading 24.4% below its estimated fair value. The current OCF Margin % is 39.32%, which is 11% below median its 10-year median of 44.41 and 20.2% below the REITs industry median of 49.30. Workspace Group's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Workspace Group (LSE:WKP), the current OCF Margin % is 39.32% as of Mar. 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 (LSE:WKP) Overvalued in 2026?

Based on GuruFocus' analysis, Workspace Group stock appears to be undervalued. The current stock price of £3.43 is trading 24.4% below its estimated GF Value™ of £4.54. GuruFocus considers Workspace Group to be Modestly Undervalued.

Key valuation signals for LSE:WKP:

  • OCF Margin %: 39.32% (11% below median its 10-year median of 44.41)
  • GF Value™: £4.54 vs. price of £3.43 (24.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 20.2% below the REITs median (#601 of 940)

No single metric tells the full story. See the LSE:WKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Workspace Group Business Description

Industry Real EstateREITs
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.
65GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£3.43
Price
£4.54
GF Value