IPH (ASX:IPH) - Stock Price, News & Analysis

IPH Stock Overview

Provides intellectual property (IP) services and products. More details

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

Rewards

Trading at 56.2% below our estimate of its fair value

Earnings are forecast to grow 16% per year

Risk Analysis

Shareholders have been diluted in the past year

Has a high level of debt

Dividend of 6.81% is not well covered by earnings

IPH Limited Competitors

Kelly Partners Group Holdings

ASX:KPG

AU$417.6m

Count

ASX:CUP

AU$140.5m

Smartgroup

ASX:SIQ

AU$1.0b

McMillan Shakespeare

ASX:MMS

AU$1.0b

Price History & Performance

Summary of all time highs, changes and price drops for IPH
Historical stock prices
Current Share Price	AU$5.14
52 Week High	AU$7.29
52 Week Low	AU$4.91
Beta	0.21
11 Month Change	-4.10%
3 Month Change	-20.68%
1 Year Change	-23.17%
33 Year Change	-42.70%
5 Year Change	-38.37%
Change since IPO	65.81%

We Think That There Are More Issues For IPH (ASX:IPH) Than Just Sluggish Earnings

Aug 31

Recent updates

We Think That There Are More Issues For IPH (ASX:IPH) Than Just Sluggish Earnings

Aug 31

An Intrinsic Calculation For IPH Limited (ASX:IPH) Suggests It's 32% Undervalued

Feb 01

Most Shareholders Will Probably Find That The CEO Compensation For IPH Limited (ASX:IPH) Is Reasonable

Nov 11

Is There An Opportunity With IPH Limited's (ASX:IPH) 28% Undervaluation?

Oct 28

These 4 Measures Indicate That IPH (ASX:IPH) Is Using Debt Reasonably Well

Oct 06

IPH (ASX:IPH) Is Paying Out A Larger Dividend Than Last Year

Aug 23

IPH (ASX:IPH) Seems To Use Debt Quite Sensibly

Jun 29

Estimating The Fair Value Of IPH Limited (ASX:IPH)

Apr 07

Does IPH (ASX:IPH) Have A Healthy Balance Sheet?

Mar 22

Are IPH Limited's (ASX:IPH) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Mar 06

Investors Who Bought IPH (ASX:IPH) Shares Three Years Ago Are Now Up 72%

Feb 19

Is IPH Limited (ASX:IPH) At Risk Of Cutting Its Dividend?

Feb 06

How Is IPH's (ASX:IPH) CEO Compensated?

Jan 22

What Kind Of Shareholders Hold The Majority In IPH Limited's (ASX:IPH) Shares?

Jan 07

Is There An Opportunity With IPH Limited's (ASX:IPH) 26% Undervaluation?

Dec 23

IPH (ASX:IPH) Could Easily Take On More Debt

Dec 10

Should Weakness in IPH Limited's (ASX:IPH) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Nov 27

Shareholder Returns

	IPH	AU Professional Services	AU Market
7D	-1.2%	3.9%	1.5%
1Y	-23.2%	19.6%	17.2%

Return vs Industry: IPH underperformed the Australian Professional Services industry which returned 19.6% over the past year.

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

Price Volatility

Is IPH's price volatile compared to industry and market?
IPH volatility
IPH Average Weekly Movement	3.7%
Professional Services Industry Average Movement	7.1%
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: IPH has not had significant price volatility in the past 3 months compared to the Australian market.

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

About the Company

Founded	Employees	CEO	Website
1887	1,513	Andrew Blattman	www.iphltd.com.au

IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It operates through three segments: Australian and New Zealand IP, Canadian IP, and Asian IP. The company offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trade marks, legal services, and other IP.

IPH Limited Fundamentals Summary

How do IPH's earnings and revenue compare to its market cap?
IPH fundamental statistics
Market cap	AU$1.41b
Earnings (TTM)	AU$60.80m
Revenue (TTM)	AU$605.60m

23.3x

P/E Ratio

2.3x

P/S Ratio

Is IPH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IPH income statement (TTM)
Revenue	AU$605.60m
Cost of Revenue	AU$215.80m
Gross Profit	AU$389.80m
Other Expenses	AU$329.00m
Earnings	AU$60.80m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	64.37%
Net Profit Margin	10.04%
Debt/Equity Ratio	68.4%

How did IPH perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

140%

Payout Ratio

IPH Stock Overview

Rewards

Risk Analysis

IPH Limited Competitors

ASX:KPG

AU$417.6m

ASX:CUP

AU$140.5m

ASX:SIQ

AU$1.0b

ASX:MMS

AU$1.0b

Price History & Performance

Recent News & Updates

IPH Limited, Annual General Meeting, Nov 14, 2024

Price target decreased by 7.1% to AU$7.83

We Think That There Are More Issues For IPH (ASX:IPH) Than Just Sluggish Earnings

Final dividend of AU$0.19 announced

IPH Limited Limited Declares Ordinary Dividend for the Six Months June 30, 2024, Payable on 20 September 2024

IPH Limited has filed a Follow-on Equity Offering in the amount of AUD 100.000005 million.

Recent updates

IPH Limited, Annual General Meeting, Nov 14, 2024

Price target decreased by 7.1% to AU$7.83

We Think That There Are More Issues For IPH (ASX:IPH) Than Just Sluggish Earnings

Final dividend of AU$0.19 announced

IPH Limited Limited Declares Ordinary Dividend for the Six Months June 30, 2024, Payable on 20 September 2024

IPH Limited has filed a Follow-on Equity Offering in the amount of AUD 100.000005 million.

IPH Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

Subdued Growth No Barrier To IPH Limited's (ASX:IPH) Price

IPH Limited (ASX:IPH) entered into non-binding indicative proposal to acquire QANTM Intellectual Property Limited (ASX:QIP) for AUD 250 million.

Price target decreased by 8.7% to AU$8.58

IPH (ASX:IPH) Has A Pretty Healthy Balance Sheet

IPH Limited Announces Executive Changes

CEO, MD & Director recently sold AU$646k worth of stock

Consensus EPS estimates fall by 18%

First half dividend increased to AU$0.16

First half 2024 earnings: EPS misses analyst expectations

IPH Limited to Report First Half, 2024 Results on Feb 22, 2024

CEO, MD & Director recently sold AU$409k worth of stock

IPH Limited (ASX:IPH) entered into an agreement to acquire ROBIC L.L.P. for CAD 110 million.

IPH Limited Approves Election of Director, David Wiadrowski

Should You Be Adding IPH (ASX:IPH) To Your Watchlist Today?

IPH Limited (ASX:IPH) agreed to acquire Ridout & Maybee LLP for CAD 66 million.

IPH Limited announced that it expects to receive AUD 22.380147 million in funding

Full year 2023 earnings: EPS and revenues exceed analyst expectations

IPH Limited to Report Q4, 2023 Results on Aug 17, 2023

Is IPH (ASX:IPH) A Risky Investment?

A Look At The Fair Value Of IPH Limited (ASX:IPH)

First half 2023 earnings released: EPS: AU$0.13 (vs AU$0.11 in 1H 2022)

IPH Limited to Report First Half, 2023 Results on Feb 16, 2023

Non-Executive Chairman recently bought AU$172k worth of stock

Non-Executive Chairman recently bought AU$178k worth of stock

A Look At The Fair Value Of IPH Limited (ASX:IPH)

IPH Limited (ASX:IPH) completed the acquisition of Smart & Biggar Ip Agency Co. from Smart & Biggar.

IPH Limited Appoints Ms. Vicki Carter as Non-Executive Director, Effective 5 October 2022

Independent Non-Executive Director recently bought AU$75k worth of stock

IPH (ASX:IPH) Has Announced That It Will Be Increasing Its Dividend To A$0.16

Price target increased to AU$10.66

Full year 2022 earnings released: EPS: AU$0.24 (vs AU$0.25 in FY 2021)

IPH Limited, Annual General Meeting, Nov 17, 2022

Investor sentiment improved over the past week

Now 21% undervalued

IPH Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Anaqua, Inc. completed the acquisition of an unknown majority stake in Practice Insight Pty Ltd. from IPH Limited (ASX:IPH).

Now 20% undervalued

Estimating The Intrinsic Value Of IPH Limited (ASX:IPH)

Anaqua, Inc. has entered into an agreement to acquire an unknown majority stake in Practice Insight Pty Ltd. from IPH Limited (ASX:IPH).

Now 21% undervalued after recent price drop

IPH Limited Announces Board Changes

IPH (ASX:IPH) Has A Pretty Healthy Balance Sheet

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

IPH Limited Announces Dividend for A Period of Six Months Ended December 31, 2021, Payable on March 18, 2022

IPH Limited to Report First Half, 2022 Results on Feb 17, 2022

An Intrinsic Calculation For IPH Limited (ASX:IPH) Suggests It's 32% Undervalued

Most Shareholders Will Probably Find That The CEO Compensation For IPH Limited (ASX:IPH) Is Reasonable

Is There An Opportunity With IPH Limited's (ASX:IPH) 28% Undervaluation?

These 4 Measures Indicate That IPH (ASX:IPH) Is Using Debt Reasonably Well

IPH (ASX:IPH) Is Paying Out A Larger Dividend Than Last Year

Price target increased to AU$9.21

Full year 2021 earnings released: EPS AU$0.25 (vs AU$0.26 in FY 2020)