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International Workplace Group plc (IWG.L)

Real Estate Out of favour

International Workplace Group rents out flexible offices and co-working spaces globally under brands like Regus and Spaces.

£1.97
≈ 197p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is International Workplace Group plc a good stock for a UK beginner?

The honest version: International Workplace Group rents out flexible offices and co-working spaces globally under brands like Regus and Spaces.

No rating · no target price · nothing for sale here
Price+14.1%
52-week range-8% past year
£1.97
Low £1.64High £2.51
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into International Workplace Group plc
£1,141+14%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£1.88B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
3.83M
Day range: The lowest and highest price the shares traded at during the latest day.
£1.96 – £2.02
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£1.64 – £2.51
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
197.1
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.5%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.56
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.56
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +4% past week · ▼ -8% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

permanent shift to hybrid work solidifying flexible offices as the corporate norm

The bear case

structural changes in how people work rendering traditional flexible spaces less popular

What does International Workplace Group plc do?

Whenever a freelancer needs a desk for the day or a growing firm wants an office without signing a ten-year lease, they turn to this network of business lounges and private workspaces. The company makes its money by taking on large buildings, dividing them up, and charging businesses subscription fees or monthly rent to use them. The critical detail to keep an eye on is how well they fill those desks, because empty offices still cost money to lease and maintain.

VQGMI
Factor profile

On our factor screen it looks strongest on value and momentum, and weakest on quality.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 39Quality: How profitable and financially healthy the company is (higher = stronger). 21Growth: How fast revenue and earnings are growing (higher = faster). 24Momentum: How the share price has been trending recently (higher = stronger recent run). 28Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 24
Quick checks
What's strong
  • massive global footprint of recognized workspace brands
  • low price-to-sales ratio hints at cheap entry relative to revenue
  • well-positioned for the secular shift towards hybrid working styles
What to watch
  • Quality screens low (21/100)
  • Growth screens low (24/100)
  • Momentum screens low (28/100)
  • Income screens low (24/100)
  • exposure to commercial property downturns and inflexible long-term building leases

What do International Workplace Group plc's numbers mean?

Forward P/E
13.6
This compares the share price to expected earnings over the coming year, suggesting profits are forecast to improve from today's very low levels.
P/S
0.5
This shows investors are currently paying just 50 pence for every pound of annual company revenue, pointing to cautious market sentiment.
Gross margin
27.4%
For every pound brought in from desk rentals, this is what remains after covering direct operating costs like building upkeep.
Net margin
0.5%
A razor-thin slice of revenue actually turning into bottom-line profit once all overheads, interest, and taxes are settled.

Does International Workplace Group plc pay a dividend?

Yes - International Workplace Group plc currently pays a dividend of about 0.5% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

When does International Workplace Group plc report earnings, and how did recent quarters go?

International Workplace Group plc is next scheduled to report on about 2026-08-11 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

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What are the scenarios for International Workplace Group plc?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£3£2£1today · £2▲ Bull · £2• Base · £2▼ Bear · £2in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +20%stronger demand for flexible suburban workspaces and improved occupancy rates
Base
-5% to +5%steady business with modest revenue growth matching the wider economy
Bear
-15% to -25%corporate cutbacks leading to cancelled office subscriptions and empty desks

What are the pros and cons of International Workplace Group plc?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • massive global footprint of recognized workspace brands
  • low price-to-sales ratio hints at cheap entry relative to revenue
  • well-positioned for the secular shift towards hybrid working styles
The catch3
  • very slim net profit margins leave little room for operational error
  • earnings shrank over the past year
  • negative price-to-book: The share price versus the company's net assets per share (its book value). Under 1 can look cheap, though it varies a lot by industry. ratio reflects accounting complexities with long-term lease liabilities
Key risks3
  • exposure to commercial property downturns and inflexible long-term building leases
  • higher share price volatility compared to the wider market, given the beta of 1.6
  • economic recessions typically trigger corporate office downsizing
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: roe · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.