Added to YB: 2025-03-14
Pitch date: 2025-03-13
IWG.L [neutral]
International Workplace Group plc
+30.87%
current return
Author Info
Company Info
International Workplace Group plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
GBP 2.8B
Pitch Price
GBP 1.69
Price Target
N/A
Dividend
0.33%
EV/EBITDA
5.77
P/E
125.82
EV/Sales
2.76
Sector
Real Estate Management and Development
Category
value
IWG Earnings Review
IWG.L trimmed position: 2024 results strong: Company-owned rev +5%, EBITDA $557M (+11% YoY). Capital-light fee income +30% to $79M. 2025 EBITDA guidance $580-620M, medium-term $1B target. $50M buyback announced. 2025 FCF est. $200M, trading at 11.5x FCF. Valuation cheap, but trimmed due to market uncertainty.
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