InvoCare Limited

ASX:IVC Stock Report

Market Cap: AU$1.8b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

InvoCare Management

Management criteria checks 2/4

InvoCare's CEO is Olivier Chretien, appointed in Jan 2021, has a tenure of 2.83 years. total yearly compensation is A$2.50M, comprised of 44.6% salary and 55.4% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth A$776.95K. The average tenure of the management team and the board of directors is 4.7 years and 5.1 years respectively.

Key information

Olivier Chretien

Chief executive officer

AU$2.5m

Total compensation

CEO salary percentage44.56%
CEO tenure2.8yrs
CEO ownership0.04%
Management average tenure4.7yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

Analysis Article Apr 24

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 27

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

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article Nov 02

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

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of InvoCare Limited...
Analysis Article Sep 02

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article May 23

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

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article Mar 07

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jan 06

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Nov 04

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

Today we will run through one way of estimating the intrinsic value of InvoCare Limited ( ASX:IVC ) by estimating the...
Analysis Article Sep 20

Is InvoCare (ASX:IVC) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Aug 30

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

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Jul 06

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

Does the July share price for InvoCare Limited ( ASX:IVC ) reflect what it's really worth? Today, we will estimate the...
Analysis Article May 11

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

InvoCare Limited ( ASX:IVC ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Apr 18

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

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Mar 14

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

Does the March share price for InvoCare Limited ( ASX:IVC ) reflect what it's really worth? Today, we will estimate the...
Analysis Article Feb 16

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

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Analysis Article Jan 29

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

It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. However...
Analysis Article Jan 11

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

Today we'll take a closer look at InvoCare Limited ( ASX:IVC ) from a dividend investor's perspective. Owning a strong...
Analysis Article Dec 24

Is InvoCare (ASX:IVC) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 09

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

InvoCare (ASX:IVC) has had a great run on the share market with its stock up by a significant 22% over the last three...
Analysis Article Nov 23

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

In this article we are going to estimate the intrinsic value of InvoCare Limited (ASX:IVC) by projecting its future...
Analysis Article Jun 20

Is InvoCare Limited's (ASX:IVC) CEO Paid At A Competitive Rate?

Martin Alistair Earp became the CEO of InvoCare Limited (ASX:IVC) in 2015. This analysis aims first to contrast CEO...

CEO Compensation Analysis

How has Olivier Chretien's remuneration changed compared to InvoCare's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

-AU$38m

Mar 31 2023n/an/a

-AU$20m

Dec 31 2022AU$2mAU$1m

-AU$2m

Sep 30 2022n/an/a

AU$67m

Jun 30 2022n/an/a

AU$78m

Mar 31 2022n/an/a

AU$79m

Dec 31 2021AU$2mAU$1m

AU$80m

Compensation vs Market: Olivier's total compensation ($USD1.61M) is above average for companies of similar size in the Australian market ($USD1.03M).

Compensation vs Earnings: Olivier's compensation has increased whilst the company is unprofitable.


CEO

Olivier Chretien (56 yo)

2.8yrs
Tenure
AU$2,497,884
Compensation

Mr. Olivier J. Chretien, MBA MEng GAICD, serves as Chief Executive Officer and Managing Director at InvoCare Limited since January 1, 2021 and serves as its Director since January 4, 2021. He was Group Chi...


Leadership Team

NamePositionTenureCompensationOwnership
Olivier Chretien
MD, CEO & Director2.8yrsAU$2.50m0.043%
A$ 776.9k
Adrian Gratwicke
Chief Financial Officer3.3yrsAU$1.67m0.019%
A$ 337.7k
Heidi Aldred
Company Secretary & Corporate Counsel4.7yrsno datano data
Amanda Tober
Group Executive of Human Resources6.1yrsno datano data
Phillip Friery
Advisor4.7yrsno datano data
Graeme Rhind
Chairman of New Zealand12.4yrsno datano data
Victoria Doidge
Chief Customer Officer3.2yrsno datano data
Grace Westdorp
Executive General Manager of Healthno datano datano data
4.7yrs
Average Tenure

Experienced Management: IVC's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Olivier Chretien
MD, CEO & Director2.8yrsAU$2.50m0.043%
A$ 776.9k
Graeme Rhind
Chairman of New Zealand12.4yrsno datano data
Richard Davis
Independent Non-Executive Director11.8yrsAU$142.84k0.084%
A$ 1.5m
Bart Vogel
Independent Non-Executive Chairman6.1yrsAU$285.69k0.014%
A$ 245.2k
Kim Elizabeth Anderson
Independent Non-Executive Director2.5yrsAU$154.40k0.011%
A$ 194.8k
Keith Skinner
Independent Non-Executive Director5.2yrsAU$154.40k0.0056%
A$ 101.0k
Megan Quinn
Independent Non-Executive Director5.1yrsAU$142.84kno data
Kee Wong
Independent Non-Executive Director2yrsAU$142.84k0.0044%
A$ 79.8k
5.1yrs
Average Tenure
65yo
Average Age

Experienced Board: IVC's board of directors are considered experienced (5.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/03 03:05
End of Day Share Price 2023/11/03 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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.

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 Github.

Analyst Sources

InvoCare Limited is covered by 13 analysts. 6 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 HaddadBell Potter
Matthew PriorBofA Global Research
Andrew DalzielCanaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.