Executive Summary
Ideagen plc develops and sells information management software in the United Kingdom, rest of Europe, North America, the Middle East, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with proven track record.
Share Price & News
How has Ideagen's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5IG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.3%
5IG
-1.3%
DE Software
-0.6%
DE Market
1 Year Return
8.3%
5IG
-4.8%
DE Software
-20.9%
DE Market
Return vs Industry: 5IG exceeded the German Software industry which returned -1.1% over the past year.
Return vs Market: 5IG exceeded the German Market which returned -17.2% over the past year.
Shareholder returns
| 5IG | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.3% | -1.3% | -0.6% |
| 30 Day | -15.7% | -12.0% | -20.0% |
| 90 Day | -18.4% | -17.3% | -26.3% |
| 1 Year | 8.5%8.3% | -3.5%-4.8% | -18.6%-20.9% |
| 3 Year | n/a | 14.2%9.7% | -19.0%-25.8% |
| 5 Year | n/a | 57.4%46.2% | -21.1%-31.8% |
Price Volatility Vs. Market
How volatile is Ideagen's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Ideagen undervalued compared to its fair value and its price relative to the market?
153.97x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 5IG (€1.86) is trading above our estimate of fair value (€1.55)
Significantly Below Fair Value: 5IG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 5IG is poor value based on its PE Ratio (159.3x) compared to the Software industry average (37x).
PE vs Market: 5IG is poor value based on its PE Ratio (159.3x) compared to the German market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: 5IG is poor value based on its PEG Ratio (4.7x)
Price to Book Ratio
PB vs Industry: 5IG is overvalued based on its PB Ratio (4.8x) compared to the DE Software industry average (2.3x).
Next Steps
Future Growth
How is Ideagen forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
33.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5IG's forecast earnings growth (33.6% per year) is above the savings rate (-0.4%).
Earnings vs Market: 5IG's earnings (33.6% per year) are forecast to grow faster than the German market (14.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 5IG's revenue (10.6% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: 5IG's revenue (10.6% 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 5IG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Ideagen performed over the past 5 years?
18.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5IG has a large one-off loss of £957.0K impacting its October 31 2019 financial results.
Growing Profit Margin: 5IG's current net profit margins (4.3%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: 5IG's earnings have grown by 18.9% per year over the past 5 years.
Accelerating Growth: 5IG's earnings growth over the past year (1707.1%) exceeds its 5-year average (18.9% per year).
Earnings vs Industry: 5IG earnings growth over the past year (1707.1%) exceeded the Software industry 19.1%.
Return on Equity
High ROE: 5IG's Return on Equity (3%) is considered low.
Next Steps
Financial Health
How is Ideagen's financial position?
Financial Position Analysis
Short Term Liabilities: 5IG's short term assets (£26.1M) do not cover its short term liabilities (£53.2M).
Long Term Liabilities: 5IG's short term assets (£26.1M) exceed its long term liabilities (£11.5M).
Debt to Equity History and Analysis
Debt Level: 5IG's debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 5IG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5IG's debt is well covered by operating cash flow (42.1%).
Interest Coverage: 5IG's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
Inventory Level: 5IG has a low level of unsold assets or inventory.
Debt Coverage by Assets: 5IG's debt is covered by short term assets (assets are 1.1x debt).
Next Steps
Dividend
What is Ideagen's current dividend yield, its reliability and sustainability?
0.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5IG's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 5IG's dividend (0.17%) is low compared to the top 25% of dividend payers in the German market (4.87%).
Stability and Growth of Payments
Stable Dividend: 5IG is not paying a notable dividend for the German market, therefore no need to check if payments are stable.
Growing Dividend: 5IG is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 5IG is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 5IG's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Ben Dorks (44yo)
1.92s
Tenure
UK£432,000
Compensation
Mr. Benjamin Charles Dorks, also known as Ben, has been the Chief Executive Officer of Ideagen PLC since May 2018. Mr. Dorks served as Chief Customer Officer of Ideagen PLC since January 2017 until May 201 ...
CEO Compensation Analysis
Compensation vs Market: Ben's total compensation ($USD537.84K) is below average for companies of similar size in the German market ($USD1.12M).
Compensation vs Earnings: Ben's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Executive Chairman | 1.92yrs | UK£325.00k | 4.52% £18.6m | |
| CEO & Director | 1.92yrs | UK£432.00k | 1.04% £4.3m | |
| CFO, Company Secretary & Director | 10.08yrs | UK£311.00k | 0.99% £4.1m | |
| COO & Director | 3.25yrs | UK£337.00k | 1.38% £5.7m | |
| no data | UK£24.00k | no data | ||
| Chief Technical Officer | 1.92yrs | no data | 0.014% £57.3k | |
| Chief Legal Officer | no data | no data | 0.058% £239.7k | |
| Chief Marketing Officer | no data | no data | no data | |
| Managing Director of Product & Services for Risk and Compliance Business | no data | no data | no data | |
| Chief Customer Officer | 1yr | no data | no data |
1.9yrs
Average Tenure
48yo
Average Age
Experienced Management: 5IG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Executive Chairman | 1.92yrs | UK£325.00k | 4.52% £18.6m | |
| CEO & Director | 1.92yrs | UK£432.00k | 1.04% £4.3m | |
| CFO, Company Secretary & Director | 10.08yrs | UK£311.00k | 0.99% £4.1m | |
| COO & Director | 3.25yrs | UK£337.00k | 1.38% £5.7m | |
| Non-Executive Director | 0.42yr | no data | no data | |
| Independent Non-Executive Director | 2.58yrs | UK£25.00k | no data | |
| Senior Independent Non-Executive Director | no data | UK£30.00k | 0.090% £371.6k |
2.9yrs
Average Tenure
52yo
Average Age
Experienced Board: 5IG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 8%.
Top Shareholders
Company Information
Ideagen plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ideagen plc
- Ticker: 5IG
- Exchange: DB
- Founded: 1993
- Industry: Systems Software
- Sector: Software
- Market Cap: UK£360.543m
- Listing Market Cap: UK£411.271m
- Shares outstanding: 226.05m
- Website: https://www.ideagen.com
Number of Employees
Location
- Ideagen plc
- Ergo House
- Mere Way
- Ruddington
- Nottinghamshire
- NG11 6JS
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IDEA | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Jan 2007 |
| 5IG | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 2007 |
Biography
Ideagen plc develops and sells information management software in the United Kingdom, rest of Europe, North America, the Middle East, and internationally. Its governance, risk and compliance (GRC) solutions include Q-Pulse QMS, a quality management software; Q-Pulse PM, a product management software; Q-Pulse Law, an EHS legal compliance register software; Pentana Audit, an audit automation software; Pentana Disclose, a financial disclosure checklist software; and Pentana Risk, a performance and risk management software. The company’s GRC solutions also comprise Coruson, an enterprise cloud safety management software; PleaseReview, a document co-authoring and review software; and Ideagen Academy, a cloud-based E-learning solution. It serves aerospace and defense, accounting, finance and banking, aviation, energy, food and drink, healthcare, life science, manufacturing, and rail industries. The company was formerly known as Datum International Plc and changed its name to Ideagen plc in July 2011. Ideagen plc was incorporated in 1993 and is headquartered in Ruddington, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/02 23:28 |
| End of Day Share Price | 2020/04/02 00:00 |
| Earnings | 2019/10/31 |
| Annual Earnings | 2019/04/30 |
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.