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Ideagen

DB:5IG
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5IG
DB
£330M
Market Cap
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Last updated 2019/04/23 22:39
Company description

Ideagen plc develops and supplies information management software in the United Kingdom, the United States, Bulgaria, Malaysia, and the Middle East. The last earnings update was 91 days ago. More info.

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5IG Share Price and Events
7 Day Returns
-0.3%
DB:5IG
0.5%
DE Software
1.5%
DE Market
1 Year Returns
-
DB:5IG
14.6%
DE Software
-6.2%
DE Market
5IG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ideagen (5IG) -0.3% 1.6% 11.6% - - -
DE Software 0.5% 2.6% 11.4% 14.6% 44.9% 84.5%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • No trading data on 5IG.
  • No trading data on 5IG.
Price Volatility
5IG
Industry
5yr Volatility vs Market

5IG Value

 Is Ideagen undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ideagen to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ideagen.

DB:5IG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:5IG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.135 (1 + (1- 19%) (2.2%)) 		1.104
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.104 * 6.65%) 		7.57%

Discounted Cash Flow Calculation for DB:5IG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ideagen is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:5IG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 7.57%)
2019 6.80 Analyst x2 6.32
2020 11.45 Analyst x2 9.89
2021 13.70 Analyst x1 11.01
2022 15.43 Est @ 12.6% 11.52
2023 16.80 Est @ 8.89% 11.66
2024 17.85 Est @ 6.29% 11.52
2025 18.65 Est @ 4.47% 11.19
2026 19.25 Est @ 3.2% 10.74
2027 19.69 Est @ 2.31% 10.21
2028 20.03 Est @ 1.68% 9.65
Present value of next 10 years cash flows £103.72
DB:5IG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= £20.03 × (1 + 0.23%) ÷ (7.57% – 0.23%) 		£273.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £273.34 ÷ (1 + 7.57%)10 		£131.75
DB:5IG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £103.72 + £131.75 		£235.47
Equity Value per Share
(GBP)		 = Total value / Shares Outstanding
= £235.47 / 219.78 		£1.07
DB:5IG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:5IG represents 1.12667x of AIM:IDEA
(This could be a different class, a depositary receipt, a different currency, or all of these things.) 		1.12667x
Value per Share
(Listing Adjusted, EUR)		 = Value per Share (GBP) x Listing Adjustment Factor
= £ 1.07 x 1.12667 		€1.21
Value per share (EUR) From above. €1.21
Current discount Discount to share price of €1.69
= -1 x (€1.69 - €1.21) / €1.21 		-40%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Ideagen is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ideagen's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ideagen's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:5IG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in GBP £0.00
AIM:IDEA Share Price ** AIM (2019-04-23) in GBP £1.5
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 36.7x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ideagen.

DB:5IG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:IDEA Share Price ÷ EPS (both in GBP)

= 1.5 ÷ 0.00

 2423.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideagen is overvalued based on earnings compared to the DE Software industry average.
  • Ideagen is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Ideagen's expected growth come at a high price?
Raw Data
DB:5IG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2423.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts		 80.1%per year
Germany Software Industry PEG Ratio Median Figure of 14 Publicly-Listed Software Companies 2.8x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:5IG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2423.26x ÷ 80.1%

 30.25x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideagen is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Ideagen's assets?
Raw Data
DB:5IG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in GBP £0.35
AIM:IDEA Share Price * AIM (2019-04-23) in GBP £1.5
Germany Software Industry PB Ratio Median Figure of 34 Publicly-Listed Software Companies 2.93x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:5IG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:IDEA Share Price ÷ Book Value per Share (both in GBP)

= 1.5 ÷ 0.35

 4.32x

* Primary Listing of Ideagen.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideagen is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess Ideagen's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
    5. Ideagen has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

5IG Future Performance

 How is Ideagen expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
80.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ideagen expected to grow at an attractive rate?
  • Ideagen's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Ideagen's earnings growth is expected to exceed the Germany market average.
  • Ideagen's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:5IG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:5IG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 80.1%
DB:5IG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 15.4%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:5IG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:5IG Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-04-30 59 17 5 1
2020-04-30 55 15 5 2
2019-04-30 46 11 1 2
DB:5IG Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-10-31 40 11 0
2018-07-31 38 10 1
2018-04-30 36 9 2
2018-01-31 34 8 2
2017-10-31 32 8 2
2017-07-31 30 8 1
2017-04-30 27 8 1
2017-01-31 26 7 1
2016-10-31 24 7 1
2016-07-31 23 6 1
2016-04-30 22 5 1
2016-01-31 20 4 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ideagen's earnings are expected to grow significantly at over 20% yearly.
  • Ideagen's revenue is expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:5IG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Ideagen Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5IG Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-04-30
2020-04-30 0.02 0.02 0.02 1.00
2019-04-30 0.01 0.01 0.01 1.00
DB:5IG Past Financials Data
Date (Data in GBP Millions) EPS *
2018-10-31 0.00
2018-07-31 0.00
2018-04-30 0.01
2018-01-31 0.01
2017-10-31 0.01
2017-07-31 0.01
2017-04-30 0.00
2017-01-31 0.01
2016-10-31 0.01
2016-07-31 0.01
2016-04-30 0.01
2016-01-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ideagen will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Show me more growth companies in the Software industry
X
Future performance checks
We assess Ideagen's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ideagen has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

5IG Past Performance

  How has Ideagen performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ideagen's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ideagen has delivered over 20% year on year earnings growth in the past 5 years.
  • Ideagen's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ideagen's 1-year earnings growth is negative, it can't be compared to the DE Software industry average.
Earnings and Revenue History
Ideagen's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ideagen Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5IG Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 39.94 0.13 26.93
2018-07-31 38.03 0.83 25.37
2018-04-30 36.12 1.53 23.82
2018-01-31 34.19 1.55 22.32
2017-10-31 32.26 1.58 20.83
2017-07-31 29.68 1.15 19.22
2017-04-30 27.11 0.73 17.61
2017-01-31 25.60 1.02 16.47
2016-10-31 24.09 1.31 15.34
2016-07-31 23.01 1.32 14.66
2016-04-30 21.94 1.32 13.98
2016-01-31 20.27 0.71 13.02
2015-10-31 18.60 0.11 12.06
2015-07-31 16.50 0.29 10.41
2015-04-30 14.39 0.48 8.75
2015-01-31 12.65 0.68 7.52
2014-10-31 10.92 0.87 6.29
2014-07-31 9.94 0.87 5.65
2014-04-30 8.97 0.87 5.02
2014-01-31 8.30 0.14 4.61
2013-10-31 7.64 -0.60 4.19
2013-07-31 7.08 -0.70 4.00
2013-04-30 6.51 -0.81 3.81
2013-01-31 5.70 -0.42 3.41
2012-10-31 4.88 -0.03 3.01
2012-07-31 4.44 0.04 2.76
2012-04-30 4.00 0.11 2.52

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ideagen has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ideagen used its assets less efficiently than the DE Software industry average last year based on Return on Assets.
  • Ideagen has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ideagen's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ideagen has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

5IG Health

 How is Ideagen's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ideagen's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ideagen's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ideagen's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ideagen's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ideagen Company Filings, last reported 5 months ago.

DB:5IG Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 71.66 7.25 5.95
2018-07-31 71.66 7.25 5.95
2018-04-30 50.48 4.75 5.53
2018-01-31 50.48 4.75 5.53
2017-10-31 48.04 0.00 5.86
2017-07-31 48.04 0.00 5.86
2017-04-30 46.42 2.00 6.21
2017-01-31 46.42 2.00 6.21
2016-10-31 34.74 0.00 4.82
2016-07-31 34.74 0.00 4.82
2016-04-30 33.68 0.00 6.32
2016-01-31 33.68 0.00 6.32
2015-10-31 31.84 0.00 5.44
2015-07-31 31.84 0.00 5.44
2015-04-30 31.19 0.00 5.27
2015-01-31 31.19 0.00 5.27
2014-10-31 13.97 0.00 2.81
2014-07-31 13.97 0.00 2.81
2014-04-30 13.37 0.00 4.01
2014-01-31 13.37 0.00 4.01
2013-10-31 12.80 0.00 5.27
2013-07-31 12.80 0.00 5.27
2013-04-30 12.28 0.00 6.37
2013-01-31 12.28 0.00 6.37
2012-10-31 5.98 0.01 1.23
2012-07-31 5.98 0.01 1.23
2012-04-30 5.79 0.11 1.50
  • Ideagen's level of debt (10.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 10.1% today).
  • Debt is well covered by operating cash flow (148%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14.8x coverage).
Show me more healthy companies in the Software industry
X
Financial health checks
We assess Ideagen's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Ideagen has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

5IG Dividends

 What is Ideagen's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.16%
Current annual income from Ideagen dividends. Estimated to be 0.2% next year.
If you bought €2,000 of Ideagen shares you are expected to receive €3 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Ideagen's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Ideagen's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:5IG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:5IG Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2021-04-30 0.00 1.00
2020-04-30 0.00 2.00
2019-04-30 0.00 2.00
DB:5IG Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-10-02 0.002 0.173
2018-07-17 0.002 0.168
2017-10-09 0.002 0.196
2017-07-18 0.002 0.248
2016-10-07 0.002 0.255
2016-07-19 0.002 0.331
2015-10-05 0.002 0.327
2015-07-22 0.002 0.355
2014-10-03 0.002 0.532
2014-07-22 0.002 0.605
2014-01-14 0.001 0.270

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideagen is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Ideagen is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Ideagen's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Ideagen's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • No need to calculate the sustainability of Ideagen's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Ideagen's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ideagen afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Ideagen has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

5IG Management

 What is the CEO of Ideagen's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ben Dorks
COMPENSATION £331,000
AGE 43
TENURE AS CEO 0.9 years
CEO Bio

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 2018. Mr. Dorks served as Group Sales and Marketing Director at Ideagen PLC from January 2013 to January 2015. Mr. Dorks served as Chief Technical Officer and Group Director at Plumtree Group Limited. He served as Sales Director of Plumtree. He has been a Director of Ideagen PLC since January 24, 2017.

CEO Compensation
  • Ben's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Ben's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Ideagen management team in years:

0.9
Average Tenure
47
Average Age
  • The average tenure for the Ideagen management team is less than 2 years, this suggests a new team.
Management Team

David R. Hornsby

TITLE
Group Executive Chairman
COMPENSATION
£306K
AGE
51

Ben Dorks

TITLE
CEO & Director
COMPENSATION
£331K
AGE
43
TENURE
0.9 yrs

Graeme Spenceley

TITLE
CFO, Company Secretary
COMPENSATION
£256K
AGE
53

Barney Kent

TITLE
COO & Director
COMPENSATION
£256K
AGE
41
TENURE
4.3 yrs

Les Paul

TITLE
COMPENSATION
£24K
AGE
59

Ian Hepworth

TITLE
Chief Technical Officer
AGE
42
TENURE
0.9 yrs

Ken Ebbage

TITLE
Managing Director of Product & Services for Risk and Compliance Business
Board of Directors Tenure

Average tenure and age of the Ideagen board of directors in years:

2.3
Average Tenure
51
Average Age
  • The average tenure for the Ideagen board of directors is less than 3 years, this suggests a new board.
Board of Directors

David R. Hornsby

TITLE
Group Executive Chairman
COMPENSATION
£306K
AGE
51
TENURE
0.9 yrs

Ben Dorks

TITLE
CEO & Director
COMPENSATION
£331K
AGE
43
TENURE
2.3 yrs

Graeme Spenceley

TITLE
CFO, Company Secretary
COMPENSATION
£256K
AGE
53
TENURE
9.1 yrs

Barney Kent

TITLE
COO & Director
COMPENSATION
£256K
AGE
41
TENURE
2.3 yrs

Alan Carroll

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£24K
AGE
67

Jonathan Wearing

TITLE
Non-Executive Director
COMPENSATION
£24K
AGE
65
TENURE
18.6 yrs

Tony Rodriguez

TITLE
Independent Non-Executive Director
COMPENSATION
£17K
AGE
49
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Ideagen insiders in the past 3 months, but not in substantial volumes.
Show me more companies with insider buying in the Software industry
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Apr 19 Buy Alan Carroll Individual 11. Apr 19 11. Apr 19 48 €1.75 €84
11. Apr 19 Buy Benjamin Dorks Individual 10. Apr 19 10. Apr 19 3 €1.67 €5
11. Apr 19 Buy Graeme Spenceley Individual 10. Apr 19 10. Apr 19 3 €1.67 €5
11. Apr 19 Buy David R. Hornsby Individual 10. Apr 19 10. Apr 19 3 €1.67 €5
11. Dec 18 Buy Alan Carroll Individual 10. Dec 18 10. Dec 18 102 €1.46 €149
X
Management checks
We assess Ideagen's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Ideagen has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

5IG News

Simply Wall St News

5IG Company Info

Description

Ideagen plc develops and supplies information management software in the United Kingdom, the United States, Bulgaria, Malaysia, and the Middle East. Its governance, risk and compliance (GRC) management solutions comprise Q-Pulse QMS, an electronic quality management system; Q-Pulse PM, a product management software; Pentana Audit, an audit automation application; Pentana Disclose, a financial disclosure checklist software; Pentana Performance, a cloud-based performance and risk management software; Coruson, an enterprise cloud safety management software; and PleaseReview, a document review, co-authoring, and redaction software. The company’s GRC solutions also include Dart, a clinical workflow management software; Easysite, a Web and enterprise content management software; and Ideagen Academy, a cloud-based E-learning solution. It serves the aviation, life sciences, banking and finance, aerospace and defense, and automotive sectors. 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.

Details
Name: Ideagen plc
5IG
Exchange: DB
Founded: 1993
£380,467,030
219,784,656
Website: http://www.ideagen.com
Address: Ideagen plc
Ergo House,
Mere Way,
Ruddington,
Nottinghamshire, NG11 6JS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM IDEA Ordinary Shares London Stock Exchange AIM Market GB GBP 15. Jan 2007
DB 5IG Ordinary Shares Deutsche Boerse AG DE EUR 15. Jan 2007
Number of employees
Current staff
Staff numbers
423
Ideagen employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 22:39
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/01/22
Last earnings filing: 2019/01/22
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.

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