Executive Summary
IVE Group Limited engages in the marketing, communications, and print businesses in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has IVE Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IGL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IGL's weekly volatility has decreased from 17% to 7% over the past year.
Market Performance
7 Day Return
20.5%
IGL
7.4%
AU Media
-1.6%
AU Market
1 Year Return
-14.0%
IGL
9.5%
AU Media
8.6%
AU Market
Return vs Industry: IGL underperformed the Australian Media industry which returned 9.4% over the past year.
Return vs Market: IGL underperformed the Australian Market which returned 8.7% over the past year.
Shareholder returns
| IGL | Industry | Market | |
|---|---|---|---|
| 7 Day | 20.5% | 7.4% | -1.6% |
| 30 Day | 16.3% | 16.7% | 0.5% |
| 90 Day | 15.4% | 22.7% | 2.7% |
| 1 Year | -14.0%-14.0% | 24.8%9.5% | 12.2%8.6% |
| 3 Year | -22.3%-32.7% | -9.2%-28.3% | 28.3%12.8% |
| 5 Year | -4.6%-25.7% | 12.4%-23.2% | 61.6%30.2% |
Long-Term Price Volatility Vs. Market
How volatile is IVE Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
IVE Group Limited's (ASX:IGL) Intrinsic Value Is Potentially 70% Above Its Share Price1 month ago | Simply Wall St
How Much Are IVE Group Limited (ASX:IGL) Insiders Spending On Buying Shares?2 months ago | Simply Wall St
Does IVE Group (ASX:IGL) Have A Healthy Balance Sheet?Valuation
Is IVE Group undervalued compared to its fair value and its price relative to the market?
32.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IGL (A$1.5) is trading below our estimate of fair value (A$2.22)
Significantly Below Fair Value: IGL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IGL is unprofitable, so we can't compare its PE Ratio to the AU Media industry average.
PE vs Market: IGL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IGL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IGL is good value based on its PB Ratio (1.4x) compared to the AU Media industry average (1.5x).
Next Steps
Future Growth
How is IVE Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
53.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IGL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: IGL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IGL's is expected to become profitable in the next 3 years.
Revenue vs Market: IGL's revenue (3.8% per year) is forecast to grow slower than the Australian market (5.3% per year).
High Growth Revenue: IGL's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IGL's Return on Equity is forecast to be low in 3 years time (15.8%).
Next Steps
Past Performance
How has IVE Group performed over the past 5 years?
17.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGL is currently unprofitable.
Growing Profit Margin: IGL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IGL is unprofitable, but has reduced losses over the past 5 years at a rate of 17.3% per year.
Accelerating Growth: Unable to compare IGL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IGL is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-2.7%).
Return on Equity
High ROE: IGL has a negative Return on Equity (-11.18%), as it is currently unprofitable.
Next Steps
Financial Health
How is IVE Group's financial position?
Financial Position Analysis
Short Term Liabilities: IGL's short term assets (A$218.2M) exceed its short term liabilities (A$148.5M).
Long Term Liabilities: IGL's short term assets (A$218.2M) do not cover its long term liabilities (A$288.2M).
Debt to Equity History and Analysis
Debt Level: IGL's debt to equity ratio (105.1%) is considered high.
Reducing Debt: IGL's debt to equity ratio has increased from 52.5% to 105.1% over the past 5 years.
Debt Coverage: IGL's debt is well covered by operating cash flow (46.3%).
Interest Coverage: IGL is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is IVE Group current dividend yield, its reliability and sustainability?
9.02%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IGL'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 IGL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IGL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IGL is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IGL'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?
2.5yrs
Average management tenure
CEO
Matt Aitken
1.5yrs
Tenure
AU$537,864
Compensation
Mr. Matthew Aitken, also known as Matt, has been Chief Executive Officer of IVE Group Limited since August 5, 2019. He served as the Chief Operating Officer at IVE Group Limited since August 2014 until Aug...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD414.95K) is about average for companies of similar size in the Australian market ($USD501.31K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.67yrs | AU$835.57k | 8.74% A$ 19.3m | |
| Chief Executive Officer | 1.5yrs | AU$537.86k | 0.0048% A$ 10.6k | |
| CFO & Joint Company Secretary | 9.08yrs | AU$400.97k | 0.036% A$ 78.4k | |
| Executive Director | 5.67yrs | AU$289.79k | no data | |
| Chief Marketing Officer | 1.67yrs | no data | no data | |
| Chief Executive Officer of Integrated Marketing & Creative Services | 8.08yrs | no data | no data | |
| Chief Executive Officer of Production & Distribution | no data | no data | no data | |
| Chief Executive Officer of Pareto Phone | 2.5yrs | no data | no data | |
| Chief Executive Officer of Data-Driven Communications | no data | no data | no data | |
| Chief Executive Officer of Print Web Offset | no data | no data | no data | |
| Joint Company Secretary | 0.25yr | no data | no data |
2.5yrs
Average Tenure
Experienced Management: IGL's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.67yrs | AU$835.57k | 8.74% A$ 19.3m | |
| Executive Director | 5.67yrs | AU$289.79k | no data | |
| Independent Non-Executive Director | 5.67yrs | AU$91.88k | 0.083% A$ 183.5k | |
| Independent Non-Executive Director | 4.67yrs | AU$91.88k | 0.0088% A$ 19.4k | |
| Independent Non-Executive Director | 5.25yrs | AU$91.88k | 0% A$ 0 | |
| Independent Non-Executive Director | 0.17yr | no data | no data |
5.5yrs
Average Tenure
Experienced Board: IGL's board of directors are considered experienced (5.5 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
IVE Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: IVE Group Limited
- Ticker: IGL
- Exchange: ASX
- Founded: 1921
- Industry: Advertising
- Sector: Media
- Market Cap: AU$220.825m
- Shares outstanding: 147.22m
- Website: https://www.ivegroup.com.au
Number of Employees
Location
- IVE Group Limited
- Building B
- 350-374 Parramatta Road
- Sydney
- New South Wales
- 2140
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IGL | ASX (Australian Securities Exchange) | Yes | New Ordinary Shares | AU | AUD | Dec 2015 |
| IGL | CHIA (Chi-X Australia) | Yes | New Ordinary Shares | AU | AUD | Dec 2015 |
Biography
IVE Group Limited engages in the marketing, communications, and print businesses in Australia. The company provides conceptual and creative design across print, mobile, and interactive media; and personali...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 07:37 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.