IPH Future Growth

Future criteria checks 4/6

IPH is forecast to grow earnings and revenue by 16% and 7.2% per annum respectively. EPS is expected to grow by 11.3% per annum. Return on equity is forecast to be 21.1% in 3 years.

Key information

16.0%

Earnings growth rate

11.3%

EPS growth rate

Professional Services earnings growth	10.3%
Revenue growth rate	7.2%
Future return on equity	21.1%
Analyst coverage	Good
Last updated	01 May 2024

Recent future growth updates

Recent updates

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

Have Insiders Been Selling IPH Limited (ASX:IPH) Shares This Year?

Aug 02

IPH (ASX:IPH) Has Compensated Shareholders With A Respectable 86% Return On Their Investment

Jul 20

Something To Consider Before Buying IPH Limited (ASX:IPH) For The 3.4% Dividend

Jul 07

Earnings and Revenue Growth Forecasts

ASX:IPH - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	669	86	123	166	9
6/30/2025	649	79	115	156	10
6/30/2024	593	60	43	145	10
12/31/2023	532	57	105	116	N/A
9/30/2023	508	61	95	104	N/A
6/30/2023	483	65	85	92	N/A
3/31/2023	447	61	87	94	N/A
12/31/2022	412	57	90	96	N/A
9/30/2022	393	55	89	95	N/A
6/30/2022	374	53	88	95	N/A
3/31/2022	371	52	85	92	N/A
12/31/2021	367	51	82	89	N/A
9/30/2021	363	52	84	91	N/A
6/30/2021	360	54	86	93	N/A
3/31/2021	364	54	91	97	N/A
12/31/2020	367	54	95	101	N/A
9/30/2020	367	55	89	94	N/A
6/30/2020	366	55	82	88	N/A
3/31/2020	337	55	74	80	N/A
12/31/2019	309	56	66	72	N/A
9/30/2019	281	55	61	67	N/A
6/30/2019	253	53	56	62	N/A
3/31/2019	249	49	53	58	N/A
12/31/2018	245	45	51	55	N/A
9/30/2018	233	43	47	51	N/A
6/30/2018	222	41	42	46	N/A
3/31/2018	207	41	41	45	N/A
12/31/2017	192	40	40	44	N/A
9/30/2017	188	42	N/A	47	N/A
6/30/2017	183	43	N/A	50	N/A
3/31/2017	177	43	N/A	45	N/A
12/31/2016	171	43	N/A	40	N/A
9/30/2016	163	41	N/A	41	N/A
6/30/2016	154	39	N/A	42	N/A
3/31/2016	138	37	N/A	42	N/A
12/31/2015	122	36	N/A	42	N/A
9/30/2015	105	33	N/A	37	N/A
6/30/2015	89	30	N/A	32	N/A
3/31/2015	84	30	N/A	35	N/A
12/31/2014	79	29	N/A	39	N/A
9/30/2014	76	30	N/A	38	N/A
6/30/2014	73	31	N/A	38	N/A
6/30/2013	74	20	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IPH's forecast earnings growth (16% per year) is above the savings rate (2.3%).

Earnings vs Market: IPH's earnings (16% per year) are forecast to grow faster than the Australian market (13.8% per year).

High Growth Earnings: IPH's earnings are forecast to grow, but not significantly.

Revenue vs Market: IPH's revenue (7.2% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: IPH's revenue (7.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IPH's Return on Equity is forecast to be high in 3 years time (21.1%)

IPH Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 8.7% to AU$8.58

Consensus EPS estimates fall by 18%

Price target increased to AU$10.66

Price target increased to AU$9.21

Analysts lower EPS estimates to AU$0.34

Recent updates

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)

IPH Limited (ASX:IPH) agreed to acquire Applied Marks Pty Ltd for $7.1 million.

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

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

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

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

First half 2021 earnings released: EPS AU$0.12 (vs AU$0.13 in 1H 2020)

Revenue beats expectations, earnings disappoint

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

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

IPH Limited to Report First Half, 2021 Results on Feb 18, 2021

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

New 90-day low: AU$6.16

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

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

New 90-day low: AU$6.47

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

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

New 90-day low: AU$6.51

Full year earnings released - EPS AU$0.26

Analysts lower EPS estimates to AU$0.34