IPD Group Limited

ASX:IPG Stock Report

Market Cap: AU$400.3m

IPD Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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$3.86) is trading below our estimate of fair value (A$4.16)

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 Ratio17.9x
EarningsAU$22.36m
Market CapAU$400.26m

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 Average18x
ACF Acrow
12.5x12.5%AU$317.1m
EHL Emeco Holdings
9x11.2%AU$473.2m
HNG Hancock & Gore
27.4xn/aAU$134.3m
RDX Redox
23x9.1%AU$2.1b
IPG IPD Group
17.9x13.1%AU$400.3m

Price-To-Earnings vs Peers: IPG is good value based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

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

21 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IPG 17.9xIndustry Avg. 14.2xNo. of Companies86PE01224364860+
21 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IPG is expensive based on its Price-To-Earnings Ratio (17.9x) compared to the Global Trade Distributors industry average (14.2x).

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 Ratio17.9x
Fair PE Ratio17.9x

Price-To-Earnings vs Fair Ratio: IPG is expensive based on its Price-To-Earnings Ratio (17.9x) compared to the estimated Fair Price-To-Earnings Ratio (17.9x).

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$3.86
AU$5.15
+33.3%
2.2%AU$5.30AU$5.04n/a3
Dec ’25AU$3.96
AU$5.15
+30.0%
2.2%AU$5.30AU$5.04n/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$4.90AU$3.963
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

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IPD Group Limited is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sam BrandwoodBell Potter
Matthew ChenMA Moelis Australia Securities Pty Ltd
Philip PepeShaw and Partners Limited