The historical rank and industry rank for Workspace Group's Pretax Margin % or its related term are showing as below:
LSE:WKP'
s Pretax Margin % Range Over the Past 10 Years
Min: -165.64 Med: 23.92 Max: 132.2
Current: -66.43
LSE:WKP's Pretax Margin % is ranked worse than 94.39% of 927
companies
in the REITs industry
Industry Median: 46.7
vs LSE:WKP: -66.43
Workspace Group (LSE:WKP) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Workspace Group Pretax Margin % Related Terms
Workspace Group Pretax Margin % Historical Data
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The historical data trend for Workspace Group's Pretax 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.
LSE:WKP vs BXP, ARE, VNO: Pretax Margin % Comparison
For the REIT - Office subindustry, Workspace Group's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Workspace Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Workspace Group's Pretax Margin % falls into.
* 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) has a Pretax Margin % of -54.11% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Workspace Group and its competitors. According to the industry distribution chart, Workspace Group ranks #875 out of 927 companies in the REITs industry, placing it in the top 94.4%.
Is Workspace Group's Pretax Margin % too high?
Workspace Group's current Pretax Margin % is -54.11%. Based on the distribution chart, Workspace Group ranks #875 out of 927 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 Pretax Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Workspace Group ranks #875 out of 927 companies for Pretax Margin %. This places Workspace Group in the lower half of its industry. The industry median Pretax Margin % is 46.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.70, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Workspace Group and its competitors. For the REITs industry, the median Pretax Margin % is 46.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workspace Group's current Pretax Margin % is -54.11%. 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 £4.50, compared to a current price of £3.35 — trading 25.6% below its estimated fair value. The current Pretax Margin % is -54.11%. Workspace Group's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Workspace Group (LSE:WKP), the current Pretax Margin % is -54.11% 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 £3.35 is trading 25.6% below its estimated GF Value™ of £4.50.
GuruFocus considers Workspace Group to be Modestly Undervalued.
Key valuation signals for LSE:WKP:
Pretax Margin %: -54.11%
GF Value™: £4.50 vs. price of £3.35 (25.6% below fair value)
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 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
Get the complete analysis for LSE:WKP
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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