How does IVC's PS Ratio compare to its peers?

IVC is expensive based on its Price-To-Sales Ratio (3.1x) compared to the peer average (1.9x).

How does IVC's PS Ratio compare vs other companies in the AU Consumer Services Industry?

IVC is expensive based on its Price-To-Sales Ratio (3.1x) compared to the Global Consumer Services industry average (1.3x).

What is IVC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IVC is expensive based on its Price-To-Sales Ratio (3.1x) compared to the estimated Fair Price-To-Sales Ratio (2.8x).

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

IVC (A$12.67) is trading above our estimate of [[fair value]] (A$11.69)

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

Target price is lower than the current share price.

InvoCare (ASX:IVC) - Stock Price, News & Analysis

IVC Stock Overview

InvoCare Limited provides funeral, cemetery, crematoria, and related services in Australia, New Zealand, and Singapore. More details

IVC fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings are forecast to grow 40.03% per year

Risk Analysis

No risks detected for IVC from our risk checks.

InvoCare Limited Competitors

Propel Funeral Partners

ASX:PFP

AU$793.3m

Nido Education

ASX:NDO

AU$175.2m

Shine Justice

ASX:SHJ

AU$149.5m

G8 Education

ASX:GEM

AU$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for InvoCare
Historical stock prices
Current Share Price	AU$12.67
52 Week High	AU$12.84
52 Week Low	AU$8.89
Beta	0.65
11 Month Change	0.72%
3 Month Change	7.56%
1 Year Change	22.89%
33 Year Change	18.74%
5 Year Change	4.71%
Change since IPO	573.94%

Recent updates

Here's Why InvoCare (ASX:IVC) Has A Meaningful Debt Burden

Apr 24

InvoCare (ASX:IVC) Will Be Hoping To Turn Its Returns On Capital Around

Feb 27

InvoCare Limited's (ASX:IVC) Intrinsic Value Is Potentially 55% Above Its Share Price

Nov 02

InvoCare Limited (ASX:IVC) Shares Could Be 24% Below Their Intrinsic Value Estimate

Nov 04

Is InvoCare (ASX:IVC) A Risky Investment?

Sep 20

There Are Reasons To Feel Uneasy About InvoCare's (ASX:IVC) Returns On Capital

Aug 30

Is There An Opportunity With InvoCare Limited's (ASX:IVC) 23% Undervaluation?

Jul 06

When Should You Buy InvoCare Limited (ASX:IVC)?

May 11

InvoCare (ASX:IVC) Might Be Having Difficulty Using Its Capital Effectively

Apr 18

Calculating The Fair Value Of InvoCare Limited (ASX:IVC)

Mar 14

InvoCare's (ASX:IVC) Stock Price Has Reduced 21% In The Past Three Years

Feb 16

Should You Use InvoCare's (ASX:IVC) Statutory Earnings To Analyse It?

Jan 29

How Does InvoCare Limited (ASX:IVC) Fare As A Dividend Stock?

Jan 11

Is InvoCare (ASX:IVC) A Risky Investment?

Dec 24

InvoCare Limited's (ASX:IVC) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Dec 09

Calculating The Fair Value Of InvoCare Limited (ASX:IVC)

Nov 23

Shareholder Returns

	IVC	AU Consumer Services	AU Market
7D	0.9%	-4.7%	-0.07%
1Y	22.9%	-29.7%	16.9%

Return vs Industry: IVC exceeded the Australian Consumer Services industry which returned -21.9% over the past year.

Return vs Market: IVC exceeded the Australian Market which returned 9.6% over the past year.

Price Volatility

Is IVC's price volatile compared to industry and market?
IVC volatility
IVC Average Weekly Movement	1.8%
Consumer Services Industry Average Movement	5.7%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.0%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: IVC has not had significant price volatility in the past 3 months.

Volatility Over Time: IVC's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2001	2,000	Olivier Chretien	www.invocare.com.au

InvoCare Limited provides funeral, cemetery, crematoria, and related services in Australia, New Zealand, and Singapore. The company operates funeral home locations, and cemeteries and crematoria that offers burial, memorial parks, and cremation services. It also provides pet cremation services under the Patch & Purr, Pets in Peace, Family Pet Care, and the Lanswood and Edenhill brands; and LifeArt coffins.

InvoCare Limited Fundamentals Summary

How do InvoCare's earnings and revenue compare to its market cap?
IVC fundamental statistics
Market cap	AU$1.81b
Earnings (TTM)	-AU$38.48m
Revenue (TTM)	AU$590.42m

3.1x

P/S Ratio

-47.1x

P/E Ratio

Is IVC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IVC income statement (TTM)
Revenue	AU$590.42m
Cost of Revenue	AU$150.29m
Gross Profit	AU$440.12m
Other Expenses	AU$478.60m
Earnings	-AU$38.48m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.27
Gross Margin	74.54%
Net Profit Margin	-6.52%
Debt/Equity Ratio	37.8%

How did IVC perform over the long term?

See historical performance and comparison

IVC Stock Overview

Rewards

Risk Analysis

InvoCare Limited Competitors

ASX:PFP

AU$793.3m

ASX:NDO

AU$175.2m

ASX:SHJ

AU$149.5m

ASX:GEM

AU$1.1b

Price History & Performance

Recent News & Updates

InvoCare Limited Ordinary Shares to Be Deleted from OTC Equity

InvoCare Intends to Apply for its Removal from the Official List of the ASX with Effect from Close of Trading on 27 November 2023

InvoCare Limited Announces Board Changes

TPG Global, LLC completed the acquisition of the remaining 82.8% stake in InvoCare Limited (ASX : IVC).

InvoCare Limited Announces Fully Franked Special Dividend, Payable on 16 November 2023

Upcoming dividend of AU$0.60 per share

Recent updates

InvoCare Limited Ordinary Shares to Be Deleted from OTC Equity

InvoCare Intends to Apply for its Removal from the Official List of the ASX with Effect from Close of Trading on 27 November 2023

InvoCare Limited Announces Board Changes

TPG Global, LLC completed the acquisition of the remaining 82.8% stake in InvoCare Limited (ASX : IVC).

InvoCare Limited Announces Fully Franked Special Dividend, Payable on 16 November 2023

Upcoming dividend of AU$0.60 per share

First half 2023 earnings released: EPS: AU$0.031 (vs AU$0.29 in 1H 2022)

InvoCare Limited Not to Pay Interim Dividend for the Half Year Ended 30 June 2023

TPG Reportedly Seeks to Buy Invocare At Lower Price

InvoCare Limited (ASX:IVC) agreed to acquire remaining 17% stake in Lake Macquarie Memorial Park.

Here's Why InvoCare (ASX:IVC) Has A Meaningful Debt Burden

Price target increased by 11% to AU$11.92

Full year 2022 earnings: EPS misses analyst expectations

Price target decreased by 9.2% to AU$11.00

InvoCare (ASX:IVC) Will Be Hoping To Turn Its Returns On Capital Around

Now 27% undervalued after recent price drop

InvoCare Limited, Annual General Meeting, May 26, 2023

InvoCare Limited, Annual General Meeting, May 26, 2023

InvoCare Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

Now 22% undervalued

InvoCare Limited's (ASX:IVC) Intrinsic Value Is Potentially 55% Above Its Share Price

Consensus forecasts updated

Does InvoCare (ASX:IVC) Have A Healthy Balance Sheet?

First half 2022 earnings released: AU$0.12 loss per share (vs AU$0.30 profit in 1H 2021)

InvoCare Limited Announces Fully Franked Ordinary Paid Dividend for the Six Months Ended June 30, 2022, Payable on October 6, 2022

Be Wary Of InvoCare (ASX:IVC) And Its Returns On Capital

InvoCare Limited to Report First Half, 2022 Results on Aug 29, 2022

Non-Executive Director recently bought AU$59k worth of stock

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

InvoCare (ASX:IVC) Takes On Some Risk With Its Use Of Debt

InvoCare Limited, Annual General Meeting, May 20, 2022

InvoCare Limited Declares Fully Franked Ordinary Dividend for the Period of Six Months Ended December 31, 2021, Payable on April 8, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

InvoCare (ASX:IVC) Will Want To Turn Around Its Return Trends

InvoCare Limited (ASX:IVC) Shares Could Be 24% Below Their Intrinsic Value Estimate

High number of new directors

Independent Non-Executive Director recently sold AU$120k worth of stock

Is InvoCare (ASX:IVC) A Risky Investment?

First half 2021 earnings released: EPS AU$0.31 (vs AU$0.14 loss in 1H 2020)

Price target increased to AU$12.43

There Are Reasons To Feel Uneasy About InvoCare's (ASX:IVC) Returns On Capital

Is There An Opportunity With InvoCare Limited's (ASX:IVC) 23% Undervaluation?

MD, CEO & Director recently bought AU$161k worth of stock

Independent Non-Executive Director Jacqueline McArthur has left the company

When Should You Buy InvoCare Limited (ASX:IVC)?

InvoCare (ASX:IVC) Might Be Having Difficulty Using Its Capital Effectively

Executive Officer has left the company

Calculating The Fair Value Of InvoCare Limited (ASX:IVC)

Independent Non-Executive Director recently sold AU$335k worth of stock

Full year 2020 earnings released: AU$0.069 loss per share (vs AU$0.56 profit in FY 2019)

Revenue beats expectations, earnings disappoint

InvoCare's (ASX:IVC) Stock Price Has Reduced 21% In The Past Three Years

New 90-day low: AU$11.05

InvoCare Limited Announces Resignation of Ms. Robyn Stubbs as an Independent Non-Executive Director

Independent Non-Executive Director has left the company

Should You Use InvoCare's (ASX:IVC) Statutory Earnings To Analyse It?

InvoCare Limited Announces the Resignation of Ms. Robyn Stubbs as an Independent Non-Executive Director

New 90-day high: AU$11.84