Information Services Corporation, together with its subsidiaries, provides registry and information management services for public data and records in Canada and internationally.
Excellent balance sheet with acceptable track record.
Share Price & News
How has Information Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ISV has not had significant price volatility in the past 3 months.
7 Day Return
CA Real Estate
1 Year Return
CA Real Estate
Return vs Industry: ISV underperformed the Canadian Real Estate industry which returned -9% over the past year.
Return vs Market: ISV exceeded the Canadian Market which returned -24.5% over the past year.
Price Volatility Vs. Market
How volatile is Information Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIncome Investors Should Know That Information Services Corporation (TSE:ISV) Goes Ex-Dividend Soon
2 weeks ago | Simply Wall StWhy Information Services Corporation (TSE:ISV) Looks Like A Quality Company
3 weeks ago | Simply Wall StDoes Information Services (TSE:ISV) Have A Healthy Balance Sheet?
Is Information Services 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: ISV (CA$14.07) is trading below our estimate of fair value (CA$25.85)
Significantly Below Fair Value: ISV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ISV is poor value based on its PE Ratio (12.7x) compared to the Real Estate industry average (12.6x).
PE vs Market: ISV is poor value based on its PE Ratio (12.7x) compared to the Canadian market (10.6x).
Price to Earnings Growth Ratio
PEG Ratio: ISV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ISV is overvalued based on its PB Ratio (2.2x) compared to the CA Real Estate industry average (0.6x).
How is Information Services 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: ISV's earnings are forecast to decline over the next 3 years (-0.3% per year).
Earnings vs Market: ISV's earnings are forecast to decline over the next 3 years (-0.3% per year).
High Growth Earnings: ISV's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ISV's revenue (2.4% per year) is forecast to grow slower than the Canadian market (3.4% per year).
High Growth Revenue: ISV's revenue (2.4% 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 ISV's Return on Equity is forecast to be high in 3 years time
How has Information Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISV has high quality earnings.
Growing Profit Margin: ISV's current net profit margins (14.6%) are lower than last year (15.6%).
Past Earnings Growth Analysis
Earnings Trend: ISV's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: ISV's earnings growth over the past year (4.1%) is below its 5-year average (6.5% per year).
Earnings vs Industry: ISV earnings growth over the past year (4.1%) exceeded the Real Estate industry -22.5%.
Return on Equity
High ROE: ISV's Return on Equity (17%) is considered low.
How is Information Services's financial position?
Financial Position Analysis
Short Term Liabilities: ISV's short term assets (CA$42.3M) exceed its short term liabilities (CA$24.7M).
Long Term Liabilities: ISV's short term assets (CA$42.3M) exceed its long term liabilities (CA$32.7M).
Debt to Equity History and Analysis
Debt Level: ISV's debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: ISV's debt to equity ratio has increased from 11.6% to 15.8% over the past 5 years.
Debt Coverage: ISV's debt is well covered by operating cash flow (131.3%).
Interest Coverage: ISV's interest payments on its debt are well covered by EBIT (24.5x coverage).
Inventory Level: ISV has a low level of unsold assets or inventory.
Debt Coverage by Assets: ISV's debt is covered by short term assets (assets are 2.4x debt).
What is Information Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ISV's dividend (5.69%) is higher than the bottom 25% of dividend payers in the Canadian market (2.69%).
High Dividend: ISV's dividend (5.69%) is low compared to the top 25% of dividend payers in the Canadian market (8.7%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ISV has been paying a dividend for less than 10 years.
Growing Dividend: ISV has only been paying a dividend for 7 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.2%), ISV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jeff Stusek, MBA, B.Admin has been the Chief Executive Officer and President at Information Services Corporation since July 1, 2008. Mr. Stusek served as Chief Operating Officer at Information Services ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD620.11K) is about average for companies of similar size in the Canadian market ($USD777.11K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|President & CEO||11.75yrs||CA$876.39k||0.029% CA$71.8k|
|Executive VP & CFO||8.25yrs||CA$445.86k||0.020% CA$49.2k|
|Executive Vice President of Technology Solutions||2.5yrs||CA$442.00k||no data|
|Vice President of Marketing & Business Development||2.5yrs||CA$454.06k||no data|
|Director of Investor Relations & Capital Markets||6.42yrs||no data||0.0086% CA$21.1k|
|Executive VP||9.25yrs||CA$395.79k||0.057% CA$140.7k|
|Vice President of People & Culture||2.5yrs||no data||no data|
|Executive Vice President of Registry Operations||no data||CA$384.34k||0.011% CA$26.0k|
|President of ESC Corporate Services||1.42yrs||no data||no data|
Experienced Management: ISV's management team is considered experienced (2.5 years average tenure).
|Independent Director||3.92yrs||CA$71.00k||0.014% CA$35.2k|
|Independent Director||3.92yrs||CA$69.50k||no data|
|Independent Director||1.92yrs||CA$51.86k||no data|
|Independent Chairman of the Board||7.25yrs||CA$113.00k||0.017% CA$42.2k|
|Independent Director||7.25yrs||CA$70.00k||0.017% CA$41.5k|
|Independent Director||7.25yrs||CA$79.00k||0.043% CA$105.5k|
|Independent Director||11.25yrs||CA$69.80k||no data|
|Independent Director||10.25yrs||CA$71.00k||0.059% CA$144.7k|
|Independent Director||7.25yrs||CA$70.00k||0.013% CA$32.4k|
|Independent Director||1.92yrs||CA$54.86k||no data|
Experienced Board: ISV's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ISV 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.
Information Services Corporation's company bio, employee growth, exchange listings and data sources
- Name: Information Services Corporation
- Ticker: ISV
- Exchange: TSX
- Founded: 2000
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: CA$246.225m
- Shares outstanding: 17.50m
- Website: https://www.company.isc.ca
Number of Employees
- Information Services Corporation
- 10 Research Drive
- Suite 300
- S4S 7J7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ISV||TSX (The Toronto Stock Exchange)||Yes||Class A Shares||CA||CAD||Jul 2013|
|IRMT.F||OTCPK (Pink Sheets LLC)||Yes||Class A Shares||US||USD||Jul 2013|
Information Services Corporation, together with its subsidiaries, provides registry and information management services for public data and records in Canada and internationally. It operates through three segments: Registry Operations, Services, and Technology Solutions. The company provides land titles registry services that issues titles to land and registers transactions affecting titles, including changes of ownership and the registration of interests in land; land surveys directory, which plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system. It also offers personal property registry, a notice-based public registry in which security interests and other interests in personal property are registered; and corporate registry, which is a province-wide system for registering business corporations, non-profit corporations, co-operatives, sole proprietorships, partnerships, and business names. In addition, the company provides search and registration services through an online workflow platform for the Ontario business information system; know-your-customer services; and corporate supplies for companies to organize and maintain corporate legal documents. Information Services Corporation serves law firms, financial institutions, accountants, non-profit and co-operative associations, and entrepreneurs, as well as lending, leasing, and credit issuing businesses and institutions. The company was formerly known as Saskatchewan Land Information Services Corporation and changed its name to Information Services Corporation in November 2000. Information Services Corporation was founded in 2000 and is headquartered in Regina, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 00:26|
|End of Day Share Price||2020/04/03 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.