Added to YB: 2024-07-08
Pitch date: 2024-07-05
IWG.L [bullish]
International Workplace Group plc
+26.93%
current return
Author Info
H Capital is an M&A Consultant who writes about cheap, high potential stocks. Sign up for the newsletter.
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 1.74
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
turnaround
Why I believe my portfolio will outperform over the next 5 years: International Workplace Group plc
IWG.L: Global flex office leader transitioning to capital-light model. 28% FCF/share CAGR over 4-5yrs. Trading at 7x 2025 FCF. New model: 16% revenue royalty, higher margins, lower risk. 4-5x upside potential. Risks: office real estate future, CEO share sale. Opportunity in depressed valuation of profitable global leader.
Read full article (3 min)