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Watkin Jones
(LSE:WJG)
Watkin Jones (WJG) vs. iShares MSCI United Kingdom ETF (EWC)
Watkin Jones Business Overview & Revenue Model
Watkin Jones Financial Statement Overview
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 279.84M | 362.37M | 413.24M | 407.08M | 430.21M |
| Gross Profit | 19.38M | 33.81M | 34.86M | 67.07M | 84.78M |
| EBITDA | 2.74M | 10.83M | -32.27M | 32.80M | 66.03M |
| Net Income | -8.41M | 1.90M | -32.55M | 13.41M | 41.93M |
Balance Sheet | |||||
| Total Assets | 312.44M | 331.89M | 371.52M | 386.96M | 430.62M |
| Cash, Cash Equivalents and Short-Term Investments | 80.40M | 96.91M | 72.56M | 110.84M | 136.29M |
| Total Debt | 43.56M | 54.36M | 73.72M | 77.39M | 141.21M |
| Total Liabilities | 187.44M | 199.30M | 241.51M | 210.01M | 245.81M |
| Stockholders Equity | 124.99M | 132.59M | 130.00M | 176.95M | 184.81M |
Cash Flow | |||||
| Free Cash Flow | -14.25M | 30.10M | -32.05M | -27.52M | 61.25M |
| Operating Cash Flow | -14.12M | 30.22M | -31.50M | -26.86M | 61.46M |
| Investing Cash Flow | 8.80M | 16.74M | 14.98M | 11.58M | -147.00K |
| Financing Cash Flow | -11.25M | -22.43M | -21.89M | -10.17M | -59.53M |
Watkin Jones Technical Analysis
Watkin Jones Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | £175.01M | 47.38 | 5.23% | 2.38% | 5.93% | -18.20% | |
70 Outperform | £3.48B | 5.48 | 10.20% | 6.38% | -6.44% | -0.03% | |
67 Neutral | £4.08B | 13.20 | 2.73% | 4.73% | 33.83% | 15.11% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | £1.31B | 15.19 | -0.31% | ― | -0.57% | -104.08% | |
47 Neutral | £305.41M | 192.98 | 0.30% | 1.79% | -3.50% | -176.18% | |
46 Neutral | £74.30M | -2.83 | -6.53% | ― | -22.78% | -543.24% |
Watkin Jones Corporate Events
Watkin Jones has granted nominal-cost share awards under its 2018 Long Term Incentive Plan to chief executive Alex Pease and chief financial officer Simon Jones, covering 2,310,305 and 1,902,604 ordinary shares respectively. The awards carry a nominal exercise price of one penny per share and are exercisable from 10 February 2029, contingent on continued employment and the achievement of defined performance conditions.
Performance metrics for vesting are weighted 40% to relative total shareholder return versus a specified FTSE All-Share real estate peer group, 40% to cumulative adjusted EPS for FY26–FY28, and 20% to the development pipeline at the end of FY28. The remuneration committee retains discretion to reduce vesting, the awards are subject to a two-year post-vesting holding period on a net-of-tax basis, and further details will be set out in the next directors’ remuneration report.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £32.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones plc announced that all resolutions proposed at its latest Annual General Meeting were duly passed, confirming shareholder support for the company’s current governance, strategic direction and board proposals. The outcome reinforces continuity in its leadership and corporate policies, providing stability for investors and other stakeholders, with detailed voting results to be made available on the company’s website in due course.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones has applied to the London Stock Exchange for a blocklisting of 410,000 ordinary shares of 1 penny each to be used for allocations under its restricted share award plan. The new shares, expected to be admitted around 4 February 2026 and ranking pari passu with existing stock, will not alter the Group’s issued share capital, indicating the move is a technical step to facilitate future share-based incentives without immediately diluting existing shareholders.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones plc has granted nominal-cost share awards under its Deferred Share Bonus Plan to chief executive Alex Pease and chief financial officer Simon Jones. Pease received an award over 381,969 ordinary shares and Jones over 314,563 shares, each with a nominal exercise price of one penny per share, which typically become exercisable from the second anniversary of grant subject to continued employment, underscoring the company’s ongoing use of equity-based incentives to align executive interests with shareholders.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones plc has published its Annual Report and Financial Statements for the year ended 30 September 2025, together with the Notice of its forthcoming Annual General Meeting, on the company’s website, and has posted hard copies to shareholders. The AGM is scheduled for 10:30 a.m. on 4 February 2026 at the offices of MHP Group in London, providing shareholders with a formal opportunity to review performance, question management and vote on key resolutions, underlining the company’s adherence to standard UK corporate governance and disclosure practices.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones has entered a development partnership with Latium Enterprises to deliver a 294-room hotel on a former brownfield site on Worple Road in central Wimbledon, marking a further diversification of its residential-for-rent platform into hospitality. The 11-storey scheme, targeted for completion in summer 2028 and expected to generate about £40 million in revenue at margins in line with guidance, will feature a club lounge, gym, co-working space and café, and is aiming for BREEAM Excellent certification, underscoring the group’s sustainability credentials; as its second project with Latium in 2025, the deal highlights Watkin Jones’ ability to leverage repeat partnerships, broaden its revenue streams and reinforce its position as a leading provider of high-quality, amenity-rich accommodation assets.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones has commissioned Progressive Equity Research to provide ongoing research coverage, with the latest note highlighting that adjusted profit before tax for the year to 30 September 2025 came in at £5.6 million, ahead of the £5.0 million estimate but down from £9.2 million a year earlier amid a challenging market backdrop. The research outlines expectations for a cautious rebound, introducing forecasts for the 2026 financial year that point to a 20% rise in adjusted profit before tax to £6.8 million alongside further growth in net cash, suggesting a measured recovery trajectory that may reassure investors about the group’s financial resilience.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones is a UK-focused property developer concentrating on student accommodation and later-living/build-to-rent schemes, providing development, investment and management services in the residential and purpose-built rental sector.
The Group announced that Chief Executive Alex Pease and Chief Financial Officer Simon Jones will deliver a live presentation of Watkin Jones’s full-year results for the year ended 30 September 2025 via the Investor Meet Company platform on 18 December 2025 at 14:00 GMT. The event is open to existing and potential shareholders, with questions accepted ahead of the event via the platform until the morning of the presentation and during the live session; investors can register on the platform and current followers will be invited automatically. The presentation gives management an opportunity to outline financial performance and engage directly with investors, which may affect market perception and stakeholder engagement in the short term.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones plc reported resilient financial performance for the fiscal year ending September 30, 2025, with a revenue of £279.8 million and an adjusted operating profit of £6.3 million. Despite challenges, the company maintained a robust pipeline of £2 billion in future opportunities, driven by strategic partnerships and diversified activities. The outlook for 2026 is positive, with secured forward revenue and a focus on cost management and revenue diversification, positioning the company for continued growth and value creation for stakeholders.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.
Watkin Jones plc has announced a new £102 million PBSA development in Bristol through its joint venture with Maslow Capital. This project, which is expected to be completed by the 2028/29 academic year, will provide 484 beds and generate significant revenue over its three-year construction period. The development underscores Watkin Jones’ strategic focus on expanding its presence in high-demand student markets and strengthening its relationships with institutional investors.
The most recent analyst rating on (GB:WJG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Watkin Jones stock, see the GB:WJG Stock Forecast page.