Added to YB: 2026-09-03
Pitch date: 2026-09-01
WJG.L [bullish]
Watkin Jones Plc
+1.88%
current return
Author Info
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Company Info
Watkin Jones Plc engages in the development and the management of properties for residential occupation in the United Kingdom.
Market Cap
GBP 37.8M
Pitch Price
GBP 0.16
Price Target
0.59 (+262%)
Dividend
N/A
EV/EBITDA
27.71
P/E
-4.58
EV/Sales
0.03
Sector
Real Estate Management and Development
Category
turnaround
A scalping, a WJG-ing and hair-raising promises of new homes
WJG.L (hold): Watkin Jones’ thesis has shifted from waiting for PBSA/BTR forward funding to building a broader residential-development platform spanning Refresh, Fresh, affordable housing and development partnerships. Six new contracts worth £60m support that shift, but delayed institutional transactions mean FY26 adjusted operating profit will be only around the ~£0.5m achieved in H1. Net cash should exceed £61m; the key test is whether delayed deals complete in H1 FY27.
Read full article (12 min)