IOOF Holdings Ltd provides financial advice, portfolio management and administration, and investment management services in Australia. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has IOOF Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IFL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IFL's weekly volatility (5%) has been stable over the past year.
7 Day Return
AU Capital Markets
1 Year Return
AU Capital Markets
Return vs Industry: IFL underperformed the Australian Capital Markets industry which returned 34.5% over the past year.
Return vs Market: IFL underperformed the Australian Market which returned 37.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is IOOF Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is IOOF Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IFL (A$3.64) is trading below our estimate of fair value (A$4.15)
Significantly Below Fair Value: IFL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IFL is good value based on its PE Ratio (18.8x) compared to the AU Capital Markets industry average (21.8x).
PE vs Market: IFL is good value based on its PE Ratio (18.8x) compared to the Australian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: IFL is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: IFL is good value based on its PB Ratio (0.9x) compared to the AU Capital Markets industry average (1.3x).
How is IOOF Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IFL's forecast earnings growth (31.7% per year) is above the savings rate (2%).
Earnings vs Market: IFL's earnings (31.7% per year) are forecast to grow faster than the Australian market (15.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IFL's revenue (16.9% per year) is forecast to grow faster than the Australian market (5.8% per year).
High Growth Revenue: IFL's revenue (16.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IFL's Return on Equity is forecast to be low in 3 years time (8%).
How has IOOF Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IFL has a large one-off loss of A$81.0M impacting its December 31 2020 financial results.
Growing Profit Margin: IFL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: IFL's earnings have declined by 28% per year over the past 5 years.
Accelerating Growth: IFL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IFL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-5%).
Return on Equity
High ROE: IFL's Return on Equity (3.1%) is considered low.
How is IOOF Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: IFL's short term assets (A$2.6B) exceed its short term liabilities (A$1.6B).
Long Term Liabilities: IFL's short term assets (A$2.6B) exceed its long term liabilities (A$456.3M).
Debt to Equity History and Analysis
Debt Level: IFL is debt free.
Reducing Debt: IFL has no debt compared to 5 years ago when its debt to equity ratio was 14.5%.
Debt Coverage: IFL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IFL has no debt, therefore coverage of interest payments is not a concern.
What is IOOF Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IFL's dividend (6.32%) is higher than the bottom 25% of dividend payers in the Australian market (1.99%).
High Dividend: IFL's dividend (6.32%) is in the top 25% of dividend payers in the Australian market (5.31%)
Stability and Growth of Payments
Stable Dividend: IFL's dividend payments have been volatile in the past 10 years.
Growing Dividend: IFL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100.6%), IFL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IFL's dividends in 3 years are forecast to be covered by earnings (65.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Renato Mota B.Bus (EcoFin), B.Com (Hons), has been the Chief Executive Officer and Director of IOOF Holdings Ltd. since June 25, 2019 and served as its Managing Director until 2020. Mr. Mota joined IOO...
CEO Compensation Analysis
Compensation vs Market: Renato's total compensation ($USD1.13M) is about average for companies of similar size in the Australian market ($USD1.25M).
Compensation vs Earnings: Renato's compensation has been consistent with company performance over the past year.
Experienced Management: IFL's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: IFL's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 85.2%.
IOOF Holdings Ltd's company bio, employee growth, exchange listings and data sources
- Name: IOOF Holdings Ltd
- Ticker: IFL
- Exchange: CHIA
- Founded: 1846
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$2.361b
- Shares outstanding: 648.53m
- Website: https://www.ioof.com.au
Number of Employees
- IOOF Holdings Ltd
- 161 Collins Street
- Level 6
IOOF Holdings Ltd provides financial advice, portfolio management and administration, and investment management services in Australia. It offers financial planning advice and stockbroking services, such as...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/12 08:36|
|End of Day Share Price||2021/04/09 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.