ISPD Network (ENXTPA:ALISP) - Share price, News & Analysis

ALISP fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

ALISP Stock Overview

ISPD Network, S.A. engages in performance and brand marketing activities in Spain, Europe, the United States, and Latin America.

Rewards

Trading at 96.4% below our estimate of its fair value

Earnings are forecast to grow 19.58% per year

Became profitable this year

Risk Analysis

Does not have a meaningful market cap (€61M)

ISPD Network Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ISPD Network
Historical stock prices
Current Share Price	€4.16
52 Week High	€5.75
52 Week Low	€3.62
Beta	0.86
1 Month Change	-5.46%
3 Month Change	-11.86%
1 Year Change	-27.65%
3 Year Change	-40.06%
5 Year Change	-39.36%
Change since IPO	-48.77%

Recent News & Updates

Mar 23

When Should You Buy ISPD Network, S.A. (EPA:ALISP)?

ISPD Network, S.A. ( EPA:ALISP ), is not the largest company out there, but it saw a double-digit share price rise of...

Nov 27

Returns On Capital At Antevenio (EPA:ALANT) Paint A Concerning Picture

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...

Shareholder Returns

	ALISP	FR Media	FR Market
7D	-6.7%	0.9%	1.2%
1Y	-27.7%	-31.9%	-4.9%

Return vs Industry: ALISP exceeded the French Media industry which returned -31.9% over the past year.

Return vs Market: ALISP underperformed the French Market which returned -4.9% over the past year.

Price Volatility

Is ALISP's price volatile compared to industry and market?
ALISP volatility
ALISP Average Weekly Movement	5.6%
Media Industry Average Movement	5.8%
Market Average Movement	6.2%
10% most volatile stocks in FR Market	10.5%
10% least volatile stocks in FR Market	3.6%

Stable Share Price: ALISP is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ALISP's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1997	483	Andrea Rodríguez	https://www.antevenio.com

ISPD Network, S.A. engages in performance and brand marketing activities in Spain, Europe, the United States, and Latin America. The company provides online advertising and marketing services, as well as direct marketing services; Internet access services; media content monitoring and analysis services; administrative, personnel administration, consultancy, and communication services; advertising and marketing services on the Internet; advisory services related to commercial communication companies; commercial brokerage services; and tools and services to plan, buy, measure, and deliver digital media. It is also involved in the research, distribution, and provision of services in the fields of advertising and marketing on the Internet; creation, management, and development of internet portals; evaluation and negotiation of advertising space; and selection and recruitment of personnel, as well as optimizes and improves the presence of brands, manufacturers, and distributors on digital platforms.

ISPD Network Fundamentals Summary

How do ISPD Network's earnings and revenue compare to its market cap?
ALISP fundamental statistics
Market Cap	€59.85m
Earnings (TTM)	€5.31m
Revenue (TTM)	€105.68m

11.5x

P/E Ratio

0.6x

P/S Ratio

Is ALISP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALISP income statement (TTM)
Revenue	€105.68m
Cost of Revenue	€87.84m
Gross Profit	€17.84m
Other Expenses	€12.53m
Earnings	€5.31m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.36
Gross Margin	16.88%
Net Profit Margin	5.03%
Debt/Equity Ratio	775.2%

How did ALISP perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ALISP (€4.16) is trading below our estimate of fair value (€115.75)

Significantly Below Fair Value: ALISP is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: ALISP is poor value based on its PE Ratio (11.5x) compared to the French Media industry average (10.9x).

PE vs Market: ALISP is good value based on its PE Ratio (11.5x) compared to the French market (16.2x).

Price to Earnings Growth Ratio

PEG Ratio: ALISP is good value based on its PEG Ratio (0.6x)

Price to Book Ratio

PB vs Industry: ALISP is overvalued based on its PB Ratio (20.7x) compared to the FR Media industry average (1.6x).

Future Growth

How is ISPD Network forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

19.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALISP's forecast earnings growth (19.6% per year) is above the savings rate (0.3%).

Earnings vs Market: ALISP's earnings (19.6% per year) are forecast to grow faster than the French market (11.9% per year).

High Growth Earnings: ALISP's earnings are forecast to grow, but not significantly.

Revenue vs Market: ALISP's revenue (5.5% per year) is forecast to grow slower than the French market (5.8% per year).

High Growth Revenue: ALISP's revenue (5.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ALISP's Return on Equity is forecast to be very high in 3 years time (46.8%).

Past Performance

How has ISPD Network performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-22.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALISP has high quality earnings.

Growing Profit Margin: ALISP became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: ALISP's earnings have declined by 22.2% per year over the past 5 years.

Accelerating Growth: ALISP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ALISP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (70.9%).

Return on Equity

High ROE: Whilst ALISP's Return on Equity (234.65%) is outstanding, this metric is skewed due to their high level of debt.

Financial Health

How is ISPD Network's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ALISP's short term assets (€57.9M) exceed its short term liabilities (€54.9M).

Long Term Liabilities: ALISP's short term assets (€57.9M) exceed its long term liabilities (€18.7M).

Debt to Equity History and Analysis

Debt Level: ALISP has more cash than its total debt.

Reducing Debt: ALISP's debt to equity ratio has increased from 3.7% to 775.2% over the past 5 years.

Debt Coverage: ALISP's debt is well covered by operating cash flow (63%).

Interest Coverage: ALISP earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is ISPD Network current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

5.21%

Forecast Dividend Yield

Dividend Yield vs Market

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

High Dividend: Unable to evaluate ALISP'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 ALISP's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

Earnings Coverage: ALISP is not paying a notable dividend for the French market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ALISP has not reported any payouts.

Discover strong dividend paying companies

Management

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

3.3yrs

Average management tenure

CEO

Andrea Rodríguez

2.58yrs

Tenure

Mrs. Andrea Monge Rodr guez serves as Chief Executive Officer at ISPD Network, S.A. (formerly known as Antevenio, S.A.) since October 2019 and also serves as its Director.

Leadership Team

Experienced Management: ALISP's management team is considered experienced (3.3 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.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/20 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31