IPD Group Limited

ASX:IPG Stock Report

Market Cap: AU$486.3m

IPD Group Valuation

Is IPG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: IPG (A$4.38) is trading below our estimate of fair value (A$4.74)

Significantly Below Fair Value: IPG is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IPG?

Key metric: As IPG is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IPG. This is calculated by dividing IPG's market cap by their current earnings.
What is IPG's PE Ratio?
PE Ratio20.3x
EarningsAU$22.36m
Market CapAU$486.32m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for IPG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.1x
ACF Acrow
12.9x12.5%AU$332.3m
EHL Emeco Holdings
8x11.2%AU$416.6m
RDX Redox
22.5x9.1%AU$2.0b
BOL Boom Logistics
8.9xn/aAU$56.9m
IPG IPD Group
20.3x15.7%AU$486.3m

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

Price to Earnings Ratio vs Industry

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

22 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IPG 20.3xIndustry Avg. 14.6xNo. of Companies86PE01224364860+
22 CompaniesEstimated GrowthMarket Cap
No more companies

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

Price to Earnings Ratio vs Fair Ratio

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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ratio19.5x

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

Analyst Price Targets

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

The above table shows the analyst IPG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$4.38
AU$5.92
+35.2%
3.4%AU$6.20AU$5.76n/a3
Nov ’25AU$4.52
AU$5.92
+31.0%
3.4%AU$6.20AU$5.76n/a3
Oct ’25AU$5.08
AU$5.85
+15.2%
1.8%AU$6.00AU$5.76n/a3
Sep ’25AU$4.97
AU$5.85
+17.8%
1.8%AU$6.00AU$5.76n/a3
Aug ’25AU$4.82
AU$5.58
+15.8%
1.1%AU$5.65AU$5.50n/a3
Jul ’25AU$4.70
AU$5.58
+18.8%
1.1%AU$5.65AU$5.50n/a3
Jun ’25AU$4.46
AU$5.58
+25.2%
1.1%AU$5.65AU$5.50n/a3
May ’25AU$4.55
AU$5.68
+24.9%
2.9%AU$5.90AU$5.50n/a3
Apr ’25AU$4.81
AU$5.68
+18.2%
2.9%AU$5.90AU$5.50n/a3
Mar ’25AU$4.75
AU$5.68
+19.6%
2.9%AU$5.90AU$5.50n/a3
Feb ’25AU$4.80
AU$5.38
+12.2%
5.3%AU$5.75AU$5.05n/a3
Jan ’25AU$4.82
AU$5.38
+11.7%
5.3%AU$5.75AU$5.05n/a3
Dec ’24AU$4.74
AU$5.15
+8.6%
5.0%AU$5.50AU$4.90n/a3
Nov ’24AU$3.69
AU$5.26
+42.5%
3.9%AU$5.50AU$5.00AU$4.523
Oct ’24AU$4.95
AU$5.26
+6.2%
3.9%AU$5.50AU$5.00AU$5.083
Sep ’24AU$4.45
AU$5.26
+18.1%
3.9%AU$5.50AU$5.00AU$4.973
Aug ’24AU$4.73
AU$5.04
+6.6%
8.2%AU$5.50AU$4.50AU$4.823
Jul ’24AU$4.29
AU$4.25
-0.9%
5.9%AU$4.50AU$4.00AU$4.702
Jun ’24AU$3.76
AU$3.80
+1.1%
5.2%AU$4.00AU$3.60AU$4.462
May ’24AU$3.84
AU$3.80
-1.0%
5.2%AU$4.00AU$3.60AU$4.552
Apr ’24AU$3.49
AU$3.55
+1.8%
1.4%AU$3.60AU$3.50AU$4.812
Mar ’24AU$3.05
AU$3.55
+16.4%
1.4%AU$3.60AU$3.50AU$4.752
Feb ’24AU$2.84
AU$3.44
+21.1%
2.6%AU$3.53AU$3.35AU$4.802
Jan ’24AU$2.97
AU$3.44
+15.8%
2.6%AU$3.53AU$3.35AU$4.822
Dec ’23AU$3.23
AU$3.44
+6.5%
2.6%AU$3.53AU$3.35AU$4.742
Nov ’23AU$2.40
AU$2.39
-0.6%
5.7%AU$2.52AU$2.25AU$3.692

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

Discover undervalued companies

GWA Group

AU$633.8m

Researches, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, and internationally.

GWA

AU$2.39

7D

1.3%

1Y

23.8%

Civmec

AU$474.6m

An investment holding company, provides construction and engineering services to the energy, resources, infrastructure, marine, and defense sectors in Australia.

CVL

AU$1.29

7D

-3.7%

1Y

39.7%

Civmec

AU$474.6m

An investment holding company, provides construction and engineering services to the energy, resources, infrastructure, marine, and defense sectors in Australia.

CVL

AU$1.26

7D

-6.0%

1Y

37.7%