IGL Stock Overview
IVE Group Limited engages in the marketing, communications, and print businesses in Australia.
IVE Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.75|
|52 Week High||AU$1.85|
|52 Week Low||AU$1.17|
|1 Month Change||3.87%|
|3 Month Change||2.35%|
|1 Year Change||35.27%|
|3 Year Change||-19.95%|
|5 Year Change||-26.37%|
|Change since IPO||-12.31%|
Recent News & Updates
Is IVE Group Limited (ASX:IGL) Trading At A 32% Discount?
How far off is IVE Group Limited ( ASX:IGL ) from its intrinsic value? Using the most recent financial data, we'll take...
We Like IVE Group's (ASX:IGL) Earnings For More Than Just Statutory Profit
IVE Group Limited's ( ASX:IGL ) solid earnings announcement recently didn't do much to the stock price. We did some...
Estimating The Fair Value Of IVE Group Limited (ASX:IGL)
Today we will run through one way of estimating the intrinsic value of IVE Group Limited ( ASX:IGL ) by taking the...
|IGL||AU Media||AU Market|
Return vs Industry: IGL exceeded the Australian Media industry which returned 18.1% over the past year.
Return vs Market: IGL exceeded the Australian Market which returned 7.7% over the past year.
|IGL Average Weekly Movement||4.1%|
|Media Industry Average Movement||10.4%|
|Market Average Movement||8.5%|
|10% most volatile stocks in AU Market||15.3%|
|10% least volatile stocks in AU Market||3.6%|
Stable Share Price: IGL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IGL's weekly volatility (4%) has been stable over the past year.
About the Company
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 personalized communications, including marketing automation, marketing mail, publication mail, e-communications, multi-channel solutions, and call center services. It also prints and distributes catalogues, magazines, marketing, and corporate communications materials and stationery; and manufactures point of sale display material and large format banners for retail applications.
IVE Group Fundamentals Summary
|IGL fundamental statistics|
Is IGL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IGL income statement (TTM)|
|Cost of Revenue||AU$487.69m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 24, 2022
|Earnings per share (EPS)||0.17|
|Net Profit Margin||3.76%|
How did IGL perform over the long term?See historical performance and comparison
8.0%Current Dividend Yield
Is IVE Group 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: IGL (A$1.75) is trading below our estimate of fair value (A$3.67)
Significantly Below Fair Value: IGL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IGL is good value based on its PE Ratio (10.1x) compared to the Australian Media industry average (20.3x).
PE vs Market: IGL is good value based on its PE Ratio (10.1x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: IGL is good value based on its PEG Ratio (0.9x)
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 (2.4x).
How is IVE Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IGL's forecast earnings growth (11.6% per year) is above the savings rate (1.9%).
Earnings vs Market: IGL's earnings (11.6% per year) are forecast to grow faster than the Australian market (11.4% per year).
High Growth Earnings: IGL's earnings are forecast to grow, but not significantly.
Revenue vs Market: IGL's revenue (4.2% per year) is forecast to grow slower than the Australian market (4.9% per year).
High Growth Revenue: IGL's revenue (4.2% 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 (17.2%).
How has IVE Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGL has high quality earnings.
Growing Profit Margin: IGL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: IGL's earnings have declined by 16.1% per year over the past 5 years.
Accelerating Growth: IGL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IGL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (35.3%).
Return on Equity
High ROE: IGL's Return on Equity (14%) is considered low.
How is IVE Group's financial position?
Financial Position Analysis
Short Term Liabilities: IGL's short term assets (A$258.4M) exceed its short term liabilities (A$153.9M).
Long Term Liabilities: IGL's short term assets (A$258.4M) do not cover its long term liabilities (A$270.2M).
Debt to Equity History and Analysis
Debt Level: IGL's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: IGL's debt to equity ratio has increased from 45.9% to 96.1% over the past 5 years.
Debt Coverage: IGL's debt is well covered by operating cash flow (62.9%).
Interest Coverage: IGL's interest payments on its debt are well covered by EBIT (5.3x coverage).
What is IVE Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IGL's dividend (8.02%) is higher than the bottom 25% of dividend payers in the Australian market (2.21%).
High Dividend: IGL's dividend (8.02%) is in the top 25% of dividend payers in the Australian market (5.47%)
Stability and Growth of Payments
Stable Dividend: IGL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IGL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.3%), IGL's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IGL's dividends in 3 years are forecast to be covered by earnings (64.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Matthew Aitken, also known as Matt, has been Chief Executive Officer of IVE Group Limited since August 5, 2019. He served as the Chief Operating Officer at IVE Group Limited since August 2014 until Aug...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD700.44K) is above average for companies of similar size in the Australian market ($USD531.48K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Experienced Management: IGL's management team is considered experienced (3.4 years average tenure).
Experienced Board: IGL's board of directors are considered experienced (6.4 years average tenure).
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 not been meaningfully diluted in the past year.
IVE Group Limited's employee growth, exchange listings and data sources
- Name: IVE Group Limited
- Ticker: IGL
- Exchange: ASX
- Founded: 1921
- Industry: Advertising
- Sector: Media
- Implied Market Cap: AU$258.316m
- Shares outstanding: 143.51m
- Website: https://www.ivegroup.com.au
Number of Employees
- IVE Group Limited
- 35 Clarence Street
- Level 3
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 07:03|
|End of Day Share Price||2022/01/20 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.