Information Services
Market Cap
CA$370.5m
Last Updated
2021/01/28 00:34 UTC
Data Sources
Company Financials +
Executive Summary
Information Services Corporation, together with its subsidiaries, provides registry and information management services for public data and records in Canada and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and fair value.
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 is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ISV's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.2%
ISV
-1.5%
CA Real Estate
-3.3%
CA Market
1 Year Return
31.7%
ISV
4.2%
CA Real Estate
-0.4%
CA Market
Return vs Industry: ISV exceeded the Canadian Real Estate industry which returned 5.6% over the past year.
Return vs Market: ISV exceeded the Canadian Market which returned 1.6% over the past year.
Shareholder returns
| ISV | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | -1.5% | -3.3% |
| 30 Day | 2.6% | 0.3% | 0.2% |
| 90 Day | 11.8% | 3.3% | 14.2% |
| 1 Year | 38.2%31.7% | 5.2%4.2% | 3.3%-0.4% |
| 3 Year | 39.2%20.1% | 45.7%40.6% | 13.7%2.8% |
| 5 Year | 96.2%54.5% | 117.8%104.4% | 59.6%35.0% |
Long-Term 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
3 months ago | Simply Wall St
Information Services (TSE:ISV) Seems To Use Debt Rather Sparingly3 months ago | Simply Wall St
Did You Participate In Any Of Information Services' (TSE:ISV) Respectable 64% Return?4 months ago | Simply Wall St
Information Services Corporation (TSE:ISV) Goes Ex-Dividend SoonValuation
Is Information Services undervalued compared to its fair value and its price relative to the market?
41.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ISV (CA$21.17) is trading below our estimate of fair value (CA$35.92)
Significantly Below Fair Value: ISV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ISV is good value based on its PE Ratio (18.2x) compared to the CA Real Estate industry average (24.6x).
PE vs Market: ISV is poor value based on its PE Ratio (18.2x) compared to the Canadian market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: ISV is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: ISV is overvalued based on its PB Ratio (3.1x) compared to the CA Real Estate industry average (0.8x).
Next Steps
Future Growth
How is Information Services forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
11.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISV's forecast earnings growth (11.8% per year) is above the savings rate (1.5%).
Earnings vs Market: ISV's earnings (11.8% per year) are forecast to grow slower than the Canadian market (26.3% per year).
High Growth Earnings: ISV's earnings are forecast to grow, but not significantly.
Revenue vs Market: ISV's revenue (5.9% per year) is forecast to grow slower than the Canadian market (8% per year).
High Growth Revenue: ISV's revenue (5.9% 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
Next Steps
Past Performance
How has Information Services performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISV has high quality earnings.
Growing Profit Margin: ISV's current net profit margins (15%) are higher than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: ISV's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: ISV's earnings growth over the past year (33.4%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: ISV earnings growth over the past year (33.4%) exceeded the Real Estate industry -25.8%.
Return on Equity
High ROE: ISV's Return on Equity (17.3%) is considered low.
Next Steps
Financial Health
How is Information Services's financial position?
Financial Position Analysis
Short Term Liabilities: ISV's short term assets (CA$44.0M) exceed its short term liabilities (CA$24.1M).
Long Term Liabilities: ISV's short term assets (CA$44.0M) do not cover its long term liabilities (CA$92.1M).
Debt to Equity History and Analysis
Debt Level: ISV's debt to equity ratio (64.6%) is considered high.
Reducing Debt: ISV's debt to equity ratio has increased from 11.9% to 64.6% over the past 5 years.
Debt Coverage: ISV's debt is well covered by operating cash flow (43.5%).
Interest Coverage: ISV's interest payments on its debt are well covered by EBIT (27.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Information Services's current dividend yield, its reliability and sustainability?
3.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ISV's dividend (3.78%) is higher than the bottom 25% of dividend payers in the Canadian market (1.52%).
High Dividend: ISV's dividend (3.78%) is low compared to the top 25% of dividend payers in the Canadian market (4.9%).
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 (68.8%), 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Jeff Stusek
12.5yrs
Tenure
CA$992,082
Compensation
Mr. Jeff Stusek, MBA, B.Admin has been the Chief Executive Officer and President at Information Services Corporation since July 1, 2008. Mr. Stusek served as Chief Operating Officer at Information Services...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD776.57K) is above average for companies of similar size in the Canadian market ($USD517.37K).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 12.5yrs | CA$992.08k | 0.029% CA$ 108.0k | |
| Executive VP & CFO | 9yrs | CA$489.37k | 0.020% CA$ 74.1k | |
| Executive Vice President of Technology Solutions | 3.25yrs | CA$444.60k | no data | |
| Executive VP | 10yrs | CA$432.50k | 0.057% CA$ 211.7k | |
| President of ESC Corporate Services Ltd. | 2.17yrs | CA$436.54k | no data | |
| Director of Investor Relations & Capital Markets | 7.17yrs | no data | 0.0086% CA$ 31.7k | |
| Vice President of Marketing & Business Development | 3.25yrs | CA$454.06k | no data | |
| Vice President of People & Culture | 3.25yrs | no data | no data | |
| Executive Vice President of Registry Operations | no data | CA$384.34k | 0.011% CA$ 39.2k | |
| 2.17yrs | CA$469.90k | no data |
3.3yrs
Average Tenure
Experienced Management: ISV's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.67yrs | CA$79.77k | 0.014% CA$ 52.9k | |
| Independent Director | 4.67yrs | CA$77.65k | no data | |
| Independent Director | 2.67yrs | CA$72.65k | no data | |
| Independent Chairman of the Board | 8yrs | CA$121.65k | 0.017% CA$ 63.5k | |
| Independent Director | 8yrs | CA$78.40k | 0.017% CA$ 62.5k | |
| Independent Director | 8yrs | CA$89.40k | 0.057% CA$ 211.7k | |
| Independent Director | 12yrs | CA$75.15k | no data | |
| Independent Director | 11yrs | CA$79.77k | 0.059% CA$ 217.8k | |
| Independent Director | 8yrs | CA$78.40k | 0.013% CA$ 48.8k | |
| Independent Director | 2.67yrs | CA$76.65k | no data |
8.0yrs
Average Tenure
62yo
Average Age
Experienced Board: ISV's board of directors are considered experienced (8 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
Information Services Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Information Services Corporation
- Ticker: ISV
- Exchange: TSX
- Founded: 2000
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: CA$370.475m
- Shares outstanding: 17.50m
- Website: https://www.company.isc.ca
Number of Employees
Location
- Information Services Corporation
- 10 Research Drive
- Suite 300
- Regina
- Saskatchewan
- S4S 7J7
- Canada
Listings
| 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 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/28 00:34 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.