Added to YB: 2025-07-22
Pitch date: 2025-07-19
WJG.L [bullish]
Watkin Jones Plc
+6.43%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
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 0.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
50.44
P/E
-184.14
EV/Sales
0.10
Sector
Real Estate Management and Development
Category
value
WJG 1H25 - yep I'm still diggin' it
WJG.L: 40% off recent highs at 24.75p with £73m net cash. Strong completion rates, maintained margins despite revenue decline. £1.1bn secured pipeline: £105m for 2H25, £165m forward sold post-FY25. PBSA/BTR demand robust despite student decline. £300m Refresh pipeline at 14% margins. 12% normalized margin = £22.5m PAT. Current £63m mcap = 75% discount to normal earnings power.
Read full article (5 min)