company background image
ICT

iCollegeASX:ICT Stock Report

Market Cap

AU$129.5m

7D

-7.7%

1Y

9.1%

Updated

29 Nov, 2021

Data

Company Financials
ICT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends0/6

ICT Stock Overview

iCollege Limited provides vocational education and training solutions in Australia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for iCollege
Historical stock prices
Current Share PriceAU$0.12
52 Week HighAU$0.17
52 Week LowAU$0.087
Beta-0.016
1 Month Change-14.29%
3 Month Change14.29%
1 Year Change9.09%
3 Year Change79.10%
5 Year Changen/a
Change since IPO106.90%

Recent News & Updates

Feb 08
Need To Know: iCollege Limited (ASX:ICT) Insiders Have Been Selling Shares

Need To Know: iCollege Limited (ASX:ICT) Insiders Have Been Selling Shares

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...

Nov 24
If You Had Bought iCollege (ASX:ICT) Shares A Year Ago You'd Have Earned 192% Returns

If You Had Bought iCollege (ASX:ICT) Shares A Year Ago You'd Have Earned 192% Returns

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a...

Shareholder Returns

ICTAU Consumer ServicesAU Market
7D-7.7%-3.4%-1.6%
1Y9.1%33.4%11.8%

Return vs Industry: ICT underperformed the Australian Consumer Services industry which returned 33.4% over the past year.

Return vs Market: ICT underperformed the Australian Market which returned 11.8% over the past year.

Price Volatility

Is ICT's price volatile compared to industry and market?
ICT volatility
ICT Average Weekly Movement10.4%
Consumer Services Industry Average Movement5.2%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.7%

Stable Share Price: ICT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ICT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aGlenn Elithhttps://www.icollege.edu.au

iCollege Limited provides vocational education and training solutions in Australia and internationally. The company offers training to develop skills and knowledge required to gain employment or advance careers in various industry sectors, including construction, aged care, disability, hospitality, business, information technology, English language, and health and fitness. It serves workers, job seekers, and school leavers through its campuses in n Sydney, Brisbane, Gold Coast, Perth, Adelaide, and Canberra.

iCollege Fundamentals Summary

How do iCollege's earnings and revenue compare to its market cap?
ICT fundamental statistics
Market CapAU$129.46m
Earnings (TTM)AU$308.10k
Revenue (TTM)AU$16.29m

428.6x

P/E Ratio

8.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ICT income statement (TTM)
RevenueAU$16.29m
Cost of RevenueAU$7.82m
Gross ProfitAU$8.47m
ExpensesAU$8.16m
EarningsAU$308.10k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00028
Gross Margin51.97%
Net Profit Margin1.89%
Debt/Equity Ratio56.1%

How did ICT perform over the long term?

See historical performance and comparison

Valuation

Is iCollege undervalued compared to its fair value and its price relative to the market?

428.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ICT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ICT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ICT is poor value based on its PE Ratio (428.6x) compared to the Australian Consumer Services industry average (28.9x).

PE vs Market: ICT is poor value based on its PE Ratio (428.6x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ICT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ICT is overvalued based on its PB Ratio (65.2x) compared to the AU Consumer Services industry average (2.8x).


Future Growth

How is iCollege forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

40.8%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as iCollege has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has iCollege performed over the past 5 years?

21.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ICT has high quality earnings.

Growing Profit Margin: ICT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ICT has become profitable over the past 5 years, growing earnings by 21.3% per year.

Accelerating Growth: ICT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ICT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Services industry (43.2%).


Return on Equity

High ROE: ICT's Return on Equity (15.5%) is considered low.


Financial Health

How is iCollege's financial position?


Financial Position Analysis

Short Term Liabilities: ICT's short term assets (A$6.6M) exceed its short term liabilities (A$6.5M).

Long Term Liabilities: ICT's short term assets (A$6.6M) exceed its long term liabilities (A$4.1M).


Debt to Equity History and Analysis

Debt Level: ICT has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ICT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ICT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ICT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is iCollege current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ICT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ICT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ICT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ICT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ICT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average board tenure


CEO

Glenn Elith

no data

Tenure

Mr. Glenn Elith, B Bus (UTS), CA served as Chief Executive Officer, Managing Director and Executive Director of Redhill Education Limited since May 11, 2012 and served as its Chief Financial Officer since...


Board Members

Experienced Board: ICT's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 85.5%.


Top Shareholders

Company Information

iCollege Limited's employee growth, exchange listings and data sources


Key Information

  • Name: iCollege Limited
  • Ticker: ICT
  • Exchange: ASX
  • Founded: 2003
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: AU$129.461m
  • Shares outstanding: 1.08b
  • Website: https://www.icollege.edu.au

Location

  • iCollege Limited
  • 205 North Quay
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/29 16:00
End of Day Share Price2021/11/29 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.