ITP Stock Overview
Intertape Polymer Group Inc. provides packaging and protective solutions for the industrial markets in North America, Europe, and internationally.
Intertape Polymer Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$40.44|
|52 Week High||CA$40.47|
|52 Week Low||CA$22.25|
|1 Month Change||3.82%|
|3 Month Change||2.43%|
|1 Year Change||41.85%|
|3 Year Change||119.66%|
|5 Year Change||63.79%|
|Change since IPO||635.27%|
Recent News & Updates
|ITP||CA Packaging||CA Market|
Return vs Industry: ITP exceeded the Canadian Packaging industry which returned -12.6% over the past year.
Return vs Market: ITP exceeded the Canadian Market which returned -5.7% over the past year.
|ITP Average Weekly Movement||1.3%|
|Packaging Industry Average Movement||4.8%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||17.2%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: ITP is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: ITP's weekly volatility has decreased from 11% to 1% over the past year.
About the Company
Intertape Polymer Group Inc. provides packaging and protective solutions for the industrial markets in North America, Europe, and internationally. The company offers pressure-sensitive and water-activated tapes; packaging equipment; industrial and performance specialty tapes, such as masking, duct, electrical, foil, process indicator, sheathing, sports, and reinforced filament tapes; protective packaging solutions, including inflatable systems, mailer products, bubble cushioning, paper void fills, thermal solutions, and protective foam roll stocks; stencil products; shrink films; stretch and lumber wraps; structure and geomembrane fabrics; non-manufactured flexible intermediate bulk containers; specialized polyolefin films; and engineered coated products for industrial and retail use. It sells its products through various distribution channels.
Intertape Polymer Group Fundamentals Summary
|ITP fundamental statistics|
Is ITP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ITP income statement (TTM)|
|Cost of Revenue||US$1.25b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.13|
|Net Profit Margin||-0.50%|
How did ITP perform over the long term?See historical performance and comparison
2.2%Current Dividend Yield
Is ITP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ITP?
Other financial metrics that can be useful for relative valuation.
|What is ITP's n/a Ratio?|
Price to Sales Ratio vs Peers
How does ITP's PS Ratio compare to its peers?
|ITP PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
Price-To-Sales vs Peers: ITP is good value based on its Price-To-Sales Ratio (1.2x) compared to the peer average (1.4x).
Price to Earnings Ratio vs Industry
How does ITP's PE Ratio compare vs other companies in the Packaging Industry?
Price-To-Sales vs Industry: ITP is expensive based on its Price-To-Sales Ratio (1.2x) compared to the Canadian Packaging industry average (1.1x)
Price to Sales Ratio vs Fair Ratio
What is ITP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||1.2x|
|Fair PS Ratio||1.2x|
Price-To-Sales vs Fair Ratio: ITP is good value based on its Price-To-Sales Ratio (1.2x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).
Share Price vs Fair Value
What is the Fair Price of ITP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ITP (CA$40.44) is trading below our estimate of fair value (CA$83.54)
Significantly Below Fair Value: ITP is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ITP's PEG Ratio to determine if it is good value.
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How is Intertape Polymer Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score3/6
Future Growth Score 3/6
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: ITP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: ITP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ITP is expected to become profitable in the next 3 years.
Revenue vs Market: ITP's revenue (4.7% per year) is forecast to grow slower than the Canadian market (6.6% per year).
High Growth Revenue: ITP's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ITP's Return on Equity is forecast to be high in 3 years time
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How has Intertape Polymer Group performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITP is currently unprofitable.
Growing Profit Margin: ITP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ITP is unprofitable, and losses have increased over the past 5 years at a rate of 1.1% per year.
Accelerating Growth: Unable to compare ITP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ITP is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (5.1%).
Return on Equity
High ROE: ITP has a negative Return on Equity (-2.01%), as it is currently unprofitable.
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How is Intertape Polymer Group's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ITP's short term assets ($554.2M) exceed its short term liabilities ($380.6M).
Long Term Liabilities: ITP's short term assets ($554.2M) do not cover its long term liabilities ($697.7M).
Debt to Equity History and Analysis
Debt Level: ITP's net debt to equity ratio (220.7%) is considered high.
Reducing Debt: ITP's debt to equity ratio has increased from 80.5% to 224.6% over the past 5 years.
Debt Coverage: ITP's debt is well covered by operating cash flow (20.4%).
Interest Coverage: ITP's interest payments on its debt are well covered by EBIT (4.3x coverage).
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What is Intertape Polymer Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ITP's dividend (2.17%) is higher than the bottom 25% of dividend payers in the Canadian market (2.08%).
High Dividend: ITP's dividend (2.17%) is low compared to the top 25% of dividend payers in the Canadian market (5.35%).
Stability and Growth of Payments
Stable Dividend: ITP's dividends per share have been stable in the past 10 years.
Growing Dividend: ITP's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: ITP is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108%), ITP's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Yull (54 yo)
Mr. Gregory A. C. Yull, also known as Greg, has been the Chief Executive Officer and President of Intertape Polymer Group Inc. (IPG) since June 8, 2010. Mr. Yull served as the President of Tapes & Films of...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD4.39M) is above average for companies of similar size in the Canadian market ($USD2.43M).
Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.
Experienced Management: ITP's management team is seasoned and experienced (12 years average tenure).
Experienced Board: ITP's board of directors are considered experienced (9 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.
Intertape Polymer Group Inc.'s employee growth, exchange listings and data sources
- Name: Intertape Polymer Group Inc.
- Ticker: ITP
- Exchange: TSX
- Founded: 1981
- Industry: Metal and Glass Containers
- Sector: Materials
- Implied Market Cap: CA$2.355b
- Shares outstanding: 59.28m
- Website: https://www.itape.com
Number of Employees
- Intertape Polymer Group Inc.
- 9999 Cavendish Boulevard
- 2nd Floor Ville
- H4M 2X5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.