How does IPG's PE Ratio compare to its peers?

IPG is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (13.1x).

How does IPG's PE Ratio compare vs other companies in the Global Trade Distributors Industry?

IPG is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the Global Trade Distributors industry average (14.6x).

What is IPG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IPG is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the estimated Fair Price-To-Earnings Ratio (19.5x).

What is the Fair Price of IPG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IPG (A$4.38) is trading below our estimate of [[fair value]] (A$4.74)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

IPD Group (ASX:IPG) - Stock Price, News & Analysis

IPG Stock Overview

Distributes electrical infrastructure in Australia. More details

IPG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	5/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 7.5% below our estimate of its fair value

Earnings are forecast to grow 15.73% per year

Earnings grew by 39.1% over the past year

Analysts in good agreement that stock price will rise by 35.2%

Risk Analysis

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

IPD Group Limited Competitors

Acrow

ASX:ACF

AU$332.3m

Emeco Holdings

ASX:EHL

AU$416.6m

Redox

ASX:RDX

AU$2.0b

Boom Logistics

ASX:BOL

AU$56.9m

Price History & Performance

Summary of all time highs, changes and price drops for IPD Group
Historical stock prices
Current Share Price	AU$4.38
52 Week High	AU$5.42
52 Week Low	AU$4.15
Beta	0.93
11 Month Change	-8.18%
3 Month Change	-6.41%
1 Year Change	1.62%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	313.21%

Recent updates

IPD Group (ASX:IPG) Is Increasing Its Dividend To A$0.047

Sep 18

IPD Group's (ASX:IPG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 28

Earnings Update: IPD Group Limited (ASX:IPG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Aug 26

We Like IPD Group's (ASX:IPG) Returns And Here's How They're Trending

Apr 02

Calculating The Fair Value Of IPD Group Limited (ASX:IPG)

Nov 18

Shareholder Returns

	IPG	AU Trade Distributors	AU Market
7D	-7.2%	5.0%	1.5%
1Y	1.6%	39.1%	17.2%

Return vs Industry: IPG underperformed the Australian Trade Distributors industry which returned 39.1% over the past year.

Return vs Market: IPG underperformed the Australian Market which returned 17.2% over the past year.

Price Volatility

Is IPG's price volatile compared to industry and market?
IPG volatility
IPG Average Weekly Movement	4.1%
Trade Distributors Industry Average Movement	4.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: IPG has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: IPG's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1889	n/a	Michael Sainsbury	www.ipdgroup.com.au

IPD Group Limited distributes electrical infrastructure in Australia. It operates through Products Division and Services Division segments. The company offers power distribution; industrial and motor control; automation and industrial communication; power monitoring; electrical cables; manufacture and distribution of cable plugs; and hazardous area equipment under the third-party brands, such as ABB, Elsteel, Emerson, Red Lion, GE, Socomec, and DEHN.

IPD Group Limited Fundamentals Summary

How do IPD Group's earnings and revenue compare to its market cap?
IPG fundamental statistics
Market cap	AU$486.32m
Earnings (TTM)	AU$22.36m
Revenue (TTM)	AU$290.42m

20.3x

P/E Ratio

1.6x

P/S Ratio

Is IPG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IPG income statement (TTM)
Revenue	AU$290.42m
Cost of Revenue	AU$182.65m
Gross Profit	AU$107.77m
Other Expenses	AU$85.41m
Earnings	AU$22.36m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	37.11%
Net Profit Margin	7.70%
Debt/Equity Ratio	20.6%

How did IPG perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

46%

Payout Ratio

IPG Stock Overview

Rewards

Risk Analysis

IPD Group Limited Competitors

ASX:ACF

AU$332.3m

ASX:EHL

AU$416.6m

ASX:RDX

AU$2.0b

ASX:BOL

AU$56.9m

Price History & Performance

Recent News & Updates

IPD Group Limited, Annual General Meeting, Nov 26, 2024

Independent Non-Executive Director recently sold AU$688k worth of stock

CEO & Executive Director exercised options to buy AU$585k worth of stock.

Board Member recently sold AU$5.1m worth of stock

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

First half dividend increased to AU$0.062

Recent updates

IPD Group Limited, Annual General Meeting, Nov 26, 2024

Independent Non-Executive Director recently sold AU$688k worth of stock

CEO & Executive Director exercised options to buy AU$585k worth of stock.

Board Member recently sold AU$5.1m worth of stock

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

First half dividend increased to AU$0.062

IPD Group Limited to Report Fiscal Year 2024 Results on Aug 30, 2024

Upcoming dividend of AU$0.046 per share

First half dividend of AU$0.046 announced

First half 2024 earnings released: EPS: AU$0.11 (vs AU$0.093 in 1H 2023)

IPD Group Limited (ASX:IPG) completed the acquisition of CMI Operations Pty Ltd. from Excelsior Capital Limited (ASX:ECL).

New minor risk - Shareholder dilution

IPD Group Limited has filed a Follow-on Equity Offering in the amount of AUD 65.001905 million.

IPD Group Limited has filed a Follow-on Equity Offering in the amount of AUD 40.000004 million.

IPD Group Limited has filed a Follow-on Equity Offering in the amount of AUD 25.001902 million.

IPD Group Limited, Annual General Meeting, Nov 28, 2023

IPD Group (ASX:IPG) Is Increasing Its Dividend To A$0.047

Upcoming dividend of AU$0.047 per share at 2.0% yield

IPD Group's (ASX:IPG) Shareholders Will Receive A Bigger Dividend Than Last Year

Earnings Update: IPD Group Limited (ASX:IPG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

IPD Group Limited Declares Final Fully Franked Dividend for the Six Months Ended 30 June 2023, Payable on 3 October 2023

IPD Group Limited to Report Fiscal Year 2023 Results on Aug 25, 2023

IPD Group Limited (ASX:IPG) acquired EX Engineering Pty Ltd for AUD 11.4 million.

Price target increased by 7.0% to AU$3.80

We Like IPD Group's (ASX:IPG) Returns And Here's How They're Trending

Insufficient new directors

Investor sentiment improves as stock rises 15%

Upcoming dividend of AU$0.046 per share at 3.2% yield

Independent Non-Executive Director recently sold AU$934k worth of stock

First half 2023 earnings released: EPS: AU$0.093 (vs AU$0.069 in 1H 2022)

IPD Group Limited to Report First Half, 2023 Results on Feb 24, 2023

IPD Group Limited Announces Executive Changes

IPD Group Limited Announces Executive Changes

IPD Group Limited Appoints Jason Boschetti as its New Chief Financial Officer Commencing 1 January 2023

IPD Group Limited Appoints Mohamed Yoosuff as Director of Strategic Development Commencing from 1 January 2023

Calculating The Fair Value Of IPD Group Limited (ASX:IPG)

IPD Group Limited, Annual General Meeting, Nov 28, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

IPD Group Limited Announces Ordinary Fully Franked Cash Dividend for the Six Months Ended 30 June 2022, Payable on 03 October 2022

IPD Group Limited to Report Fiscal Year 2022 Results on Aug 30, 2022

IPD Group Limited Announces Resignation of Euh (David) Hwang as Joint Company Secretary

Investor sentiment improved over the past week

IPD Group Limited Updates Earnings Guidance for the Financial Year Ending 30 June 2022

IPD Group Limited Announces Change of Company Secretary

IPD Group Limited (ASX:IPG) acquired Gemtek Group Pty Ltd.

IPD Group Limited Reaffirms Group Earnings Guidance for the Fiscal Year 2022

First half 2022 earnings released

IPD Group Limited to Report First Half, 2022 Results on Feb 28, 2022

IPD Group Limited Revises Earnings Guidance for the Fiscal Year 2022

Independent Non-Executive Director recently bought AU$126k worth of stock