izertis (BME:IZER) - Share price, News & Analysis

IZER fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	0/6

IZER Overview

izertis, S.A. operates as a technology consulting firm that helps organizations in their digital metamorphosis process in Spain and internationally.

Rewards

Trading at 12.6% below our estimate of its fair value

Earnings grew by 443.8% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Shareholders have been diluted in the past year

Price History & Performance

Summary of all time highs, changes and price drops for izertis
Historical stock prices
Current Share Price	€7.86
52 Week High	€5.62
52 Week Low	€9.86
Beta	0
1 Month Change	-1.01%
3 Month Change	-9.03%
1 Year Change	22.81%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	214.40%

Recent News & Updates

Apr 19

Investors Shouldn't Be Too Comfortable With izertis' (BME:IZER) Robust Earnings

izertis, S.A.'s ( BME:IZER ) robust earnings report didn't manage to move the market for its stock. Our analysis...

Mar 19

What Type Of Shareholders Make Up izertis, S.A.'s (BME:IZER) Share Registry?

A look at the shareholders of izertis, S.A. ( BME:IZER ) can tell us which group is most powerful. Insiders often own a...

Feb 12

izertis, S.A. (BME:IZER) Delivered A Weaker ROE Than Its Industry

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

Shareholder Returns

	IZER	ES IT	ES Market
7D	1.6%	7.4%	1.5%
1Y	22.8%	25.7%	27.9%

Return vs Industry: IZER underperformed the Spanish IT industry which returned 25.7% over the past year.

Return vs Market: IZER underperformed the Spanish Market which returned 27.9% over the past year.

Price Volatility

Is IZER's price volatile compared to industry and market?
IZER volatility
IZER Beta	0
Industry Beta	1.48
Market Beta	1

Stable Share Price: IZER is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: IZER's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1996	687	Pablo Martin Rodriguez	https://www.izertis.com

izertis, S.A. operates as a technology consulting firm that helps organizations in their digital metamorphosis process in Spain and internationally. The company offers services, including digital strategy consultancy; hyper automation and control; data-based predictive analytics for business decision making; business transformation; software solutions; enterprise and IT governance; technological infrastructures; and cybersecurity solutions. It serves various sectors, including banking; insurance; industry; retail, logistics, and distribution; real estate; public admin; health; telco and media; energy and utilities; tourism and hotels; and services.

izertis Fundamentals Summary

How do izertis's earnings and revenue compare to its market cap?
IZER fundamental statistics
Market Cap	€175.41m
Earnings (TTM)	€1.30m
Revenue (TTM)	€51.95m

139.8x

P/E Ratio

3.5x

P/S Ratio

Is IZER overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
IZER income statement (TTM)
Revenue	€51.95m
Cost of Revenue	€44.43m
Gross Profit	€7.51m
Expenses	€6.21m
Earnings	€1.30m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)	0.056
Gross Margin	14.46%
Net Profit Margin	2.51%
Debt/Equity Ratio	83.8%

How did IZER perform over the long term?

See historical performance and comparison

Valuation

Is izertis undervalued compared to its fair value and its price relative to the market?

12.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: IZER (€7.86) is trading below our estimate of fair value (€8.99)

Significantly Below Fair Value: IZER is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: IZER is poor value based on its PE Ratio (139.8x) compared to the European IT industry average (29.2x).

PE vs Market: IZER is poor value based on its PE Ratio (139.8x) compared to the Spanish market (23.3x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IZER's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: IZER is overvalued based on its PB Ratio (7.7x) compared to the ES IT industry average (3.9x).

Future Growth

How is izertis forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.1%

Forecasted Software industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as izertis has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has izertis performed over the past 5 years?

29.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IZER has a large one-off gain of €3.2M impacting its December 31 2020 financial results.

Growing Profit Margin: IZER's current net profit margins (2.5%) are higher than last year (0.5%).

Past Earnings Growth Analysis

Earnings Trend: IZER's earnings have grown significantly by 29.5% per year over the past 5 years.

Accelerating Growth: IZER's earnings growth over the past year (443.8%) exceeds its 5-year average (29.5% per year).

Earnings vs Industry: IZER earnings growth over the past year (443.8%) exceeded the IT industry 22.4%.

Return on Equity

High ROE: IZER's Return on Equity (5.8%) is considered low.

Financial Health

How is izertis's financial position?

Financial Position Analysis

Short Term Liabilities: IZER's short term assets (€28.5M) exceed its short term liabilities (€17.9M).

Long Term Liabilities: IZER's short term assets (€28.5M) exceed its long term liabilities (€20.6M).

Debt to Equity History and Analysis

Debt Level: IZER's debt to equity ratio (83.8%) is considered high.

Reducing Debt: IZER's debt to equity ratio has increased from 72% to 83.8% over the past 5 years.

Debt Coverage: IZER's debt is well covered by operating cash flow (36.3%).

Interest Coverage: IZER's interest payments on its debt are not well covered by EBIT (0.8x coverage).

Balance Sheet

Dividend

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

Dividend Yield vs Market

Notable Dividend: Unable to evaluate IZER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IZER's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IZER's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IZER's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IZER's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.

Next Steps

Explore strong dividend paying companies in the Software industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure

CEO

Pablo Martin Rodriguez

2.17yrs

Tenure

Mr. Pablo Martín Rodríguez serves as Founder, Chief Executive Officer and Representative Chairman of Board at izertis, S.A. since July 19, 2019.

Leadership Team

Experienced Management: IZER's management team is considered experienced (2.2 years average tenure).

Board Members

Experienced Board: IZER's board of directors are not considered experienced ( 2.2 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.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.5%.

Data	Last Updated (UTC time)
Company Analysis	2021/09/24 17:50
End of Day Share Price	2021/09/24 00:00
Earnings	2020/12/31
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data