Added to YB: 2025-04-25
Pitch date: 2025-04-24
WJG.L [bullish]
Watkin Jones Plc
-19.82%
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 68.1M
Pitch Price
GBP 0.33
Price Target
47.00 (+17636%)
Dividend
N/A
EV/EBITDA
50.44
P/E
-184.14
EV/Sales
0.10
Sector
Real Estate Management and Development
Category
value
WJG Update: 65% higher but still a net-net.
WJG.L: Trading at 35% discount to book (33p vs 47p), with net cash of 83m GBP matching market cap. Pipeline up 40% to 1.95B GBP. Titanic Quarter PBSA (1,007 units) could yield ~190m GBP at 15-20% margins. New Refresh business doubled target to 10.9m rev (13.8% margin). Risks: 48m building safety provision & forward funding delays. 50%+ upside potential by end-2025.
Read full article (4 min)