IVC Stock Overview
InvoCare Limited provides funeral, cemetery, crematoria, and related services in Australia, New Zealand, and Singapore.
IVC passed our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$10.99|
|52 Week High||AU$13.19|
|52 Week Low||AU$10.07|
|1 Month Change||-8.42%|
|3 Month Change||-11.16%|
|1 Year Change||4.17%|
|3 Year Change||-29.69%|
|5 Year Change||-26.54%|
|Change since IPO||484.57%|
Recent News & Updates
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...
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...
|IVC||AU Consumer Services||AU Market|
Return vs Industry: IVC matched the Australian Consumer Services industry which returned 4.9% over the past year.
Return vs Market: IVC exceeded the Australian Market which returned -1.1% over the past year.
|IVC Average Weekly Movement||3.1%|
|Consumer Services Industry Average Movement||6.7%|
|Market Average Movement||9.3%|
|10% most volatile stocks in AU Market||16.4%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: IVC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: IVC's weekly volatility (3%) has been stable over the past year.
About the Company
InvoCare Limited provides funeral, cemetery, crematoria, and related services in Australia, New Zealand, and Singapore. The company operates approximately 290 funeral home locations, and 17 cemeteries and crematoria that offers burial, memorial parks, and cremation services. It also offers pet cremation services under the Patch & Purr, Pets in Peace, Family Pet Care, and the Lanswood and Edenhill brands; and LifeArt coffins.
InvoCare Fundamentals Summary
|IVC fundamental statistics|
Is IVC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IVC income statement (TTM)|
|Cost of Revenue||AU$128.83m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 29, 2022
|Earnings per share (EPS)||0.56|
|Net Profit Margin||15.05%|
How did IVC perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
How is InvoCare forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IVC's forecast earnings growth (1% per year) is below the savings rate (1.8%).
Earnings vs Market: IVC's earnings (1% per year) are forecast to grow slower than the Australian market (6.4% per year).
High Growth Earnings: IVC's earnings are forecast to grow, but not significantly.
Revenue vs Market: IVC's revenue (5.9% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: IVC's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IVC's Return on Equity is forecast to be low in 3 years time (11.6%).
How has InvoCare performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IVC has high quality earnings.
Growing Profit Margin: IVC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: IVC's earnings have declined by 19.8% per year over the past 5 years.
Accelerating Growth: IVC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IVC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Services industry (29.1%).
Return on Equity
High ROE: IVC's Return on Equity (13.8%) is considered low.
How is InvoCare's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IVC's short term assets (A$219.3M) exceed its short term liabilities (A$197.6M).
Long Term Liabilities: IVC's short term assets (A$219.3M) do not cover its long term liabilities (A$978.6M).
Debt to Equity History and Analysis
Debt Level: IVC's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: IVC's debt to equity ratio has reduced from 101.3% to 32.5% over the past 5 years.
Debt Coverage: IVC's debt is well covered by operating cash flow (41.1%).
Interest Coverage: IVC's interest payments on its debt are not well covered by EBIT (2.1x coverage).
What is InvoCare current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IVC's dividend (2.09%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: IVC's dividend (2.09%) is low compared to the top 25% of dividend payers in the Australian market (6.23%).
Stability and Growth of Payments
Stable Dividend: IVC's dividend payments have been volatile in the past 10 years.
Growing Dividend: IVC's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.4%), IVC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (218.7%), IVC's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Olivier Chretien (54 yo)
Mr. Olivier J. Chretien, MBA MEng GAICD, serves as Chief Executive Officer and Managing Director at InvoCare Limited since January 1, 2021 and serves as its Director since January 4, 2021. He was Group Chi...
CEO Compensation Analysis
Compensation vs Market: Olivier's total compensation ($USD1.48M) is above average for companies of similar size in the Australian market ($USD1.03M).
Compensation vs Earnings: Insufficient data to compare Olivier's compensation with company performance.
Experienced Management: IVC's management team is considered experienced (3.2 years average tenure).
Experienced Board: IVC's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IVC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
InvoCare Limited's employee growth, exchange listings and data sources
- Name: InvoCare Limited
- Ticker: IVC
- Exchange: ASX
- Founded: 2001
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Implied Market Cap: AU$1.561b
- Shares outstanding: 142.98m
- Website: https://www.invocare.com.au
Number of Employees
- InvoCare Limited
- 40 Mount Street
- Level 5
- North Sydney
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/27 00:00|
|End of Day Share Price||2022/05/27 00:00|
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.