Added to YB: 2024-12-20
Pitch date: 2024-12-20
WJG.L [bullish]
Watkin Jones Plc
+47.06%
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 0.18
Price Target
0.50 (+89%)
Dividend
N/A
EV/EBITDA
50.44
P/E
-184.14
EV/Sales
0.10
Sector
Real Estate Management and Development
Category
value
Watkins Jones WJG Idea
WJG.L: Student/BTR developer trading at 5.6x P/E vs peer 15x. £1.4bn pipeline, £700m new orders in 6mo. Cash/receivables cover all liabilities. Cladding costs £46m provision. Margins improving, targeting 12% GM. Labour policies supportive. Potential 2.6x upside. Asset value £25-124m vs £48.8m market cap. High demand, restricted supply favorable.
Read full article (8 min)