Market Cap
€1.2b
Last Updated
2021/01/24 03:39 UTC
Data Sources
Company Financials +
Executive Summary
Intertrust N.V. provides corporate, fund, capital market, and private wealth services in Western Europe, the Americas, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Intertrust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INTERA is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: INTERA's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.8%
INTERA
1.1%
GB Professional Services
-0.5%
GB Market
1 Year Return
-20.2%
INTERA
-6.9%
GB Professional Services
-8.2%
GB Market
Return vs Industry: INTERA underperformed the UK Professional Services industry which returned -6.9% over the past year.
Return vs Market: INTERA underperformed the UK Market which returned -8.2% over the past year.
Shareholder returns
| INTERA | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 1.1% | -0.5% |
| 30 Day | -2.7% | 0.1% | 2.9% |
| 90 Day | -2.4% | 4.1% | 15.2% |
| 1 Year | -20.2%-20.2% | -5.1%-6.9% | -4.5%-8.2% |
| 3 Year | -3.1%-10.4% | 31.0%22.6% | 3.7%-9.0% |
| 5 Year | -13.5%-24.0% | 88.4%68.0% | 42.1%14.4% |
Long-Term Price Volatility Vs. Market
How volatile is Intertrust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Intertrust undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INTERA (€13.22) is trading below our estimate of fair value (€28.15)
Significantly Below Fair Value: INTERA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INTERA is poor value based on its PE Ratio (45.1x) compared to the GB Professional Services industry average (30.1x).
PE vs Market: INTERA is poor value based on its PE Ratio (45.1x) compared to the UK market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: INTERA is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: INTERA is good value based on its PB Ratio (1.6x) compared to the GB Professional Services industry average (2.6x).
Next Steps
Future Growth
How is Intertrust forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
29.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INTERA's forecast earnings growth (29.8% per year) is above the savings rate (1%).
Earnings vs Market: INTERA's earnings (29.8% per year) are forecast to grow faster than the UK market (25.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: INTERA's revenue (3.5% per year) is forecast to grow slower than the UK market (6.6% per year).
High Growth Revenue: INTERA's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INTERA's Return on Equity is forecast to be low in 3 years time (15.2%).
Next Steps
Past Performance
How has Intertrust performed over the past 5 years?
18.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INTERA has a large one-off loss of €41.1M impacting its September 30 2020 financial results.
Growing Profit Margin: INTERA's current net profit margins (4.6%) are lower than last year (18.8%).
Past Earnings Growth Analysis
Earnings Trend: INTERA's earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: INTERA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INTERA had negative earnings growth (-73.3%) over the past year, making it difficult to compare to the Professional Services industry average (-14.9%).
Return on Equity
High ROE: INTERA's Return on Equity (3.5%) is considered low.
Next Steps
Financial Health
How is Intertrust's financial position?
Financial Position Analysis
Short Term Liabilities: INTERA's short term assets (€280.1M) exceed its short term liabilities (€227.7M).
Long Term Liabilities: INTERA's short term assets (€280.1M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: INTERA's debt to equity ratio (123.3%) is considered high.
Reducing Debt: INTERA's debt to equity ratio has reduced from 265% to 123.3% over the past 5 years.
Debt Coverage: INTERA's debt is well covered by operating cash flow (21.9%).
Interest Coverage: INTERA's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Intertrust current dividend yield, its reliability and sustainability?
4.95%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INTERA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INTERA'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 INTERA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INTERA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: INTERA is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of INTERA's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Shankar Iyer (56 yo)
0.083
Tenure
Mr. Shankar Iyer serves as Acting Chief Executive Officer and a Member of the Management Board at Intertrust N.V. since December 7, 2020 and served as its Chief Solutions Officer until 2020. Mr. Iyer serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Member of Management Board | 1.33yrs | €392.09k | 0.042% € 499.5k | |
| Acting CEO & Member of Management Board | 0.083yr | no data | 0.24% € 2.9m | |
| COO and Global Head of Funds & Product | 1yr | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Chief Human Resources Officer | 2.58yrs | no data | no data | |
| Global Head of Capital Markets | 3.58yrs | no data | no data | |
| Global Head of Fund Services | no data | no data | no data | |
| Global Head of Private Wealth | no data | no data | no data | |
| Managing Director of the Americas & ROW | 3yrs | no data | no data | |
| Managing Director of Guernsey | no data | no data | no data | |
| Chief Commercial Officer | 1.5yrs | no data | no data | |
| Managing Director of Luxembourg | 1.5yrs | no data | no data |
1.5yrs
Average Tenure
49yo
Average Age
Experienced Management: INTERA's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice-Chairperson of Supervisory Board | no data | no data | no data | |
| Independent Member of Supervisory Board | 5.42yrs | no data | no data | |
| Independent Member of Supervisory Board | 3.25yrs | no data | no data | |
| Member of Supervisory Board | 3.25yrs | no data | no data | |
| Independent Chairperson of Supervisory Board | 6yrs | no data | no data | |
| Independent Member of Supervisory Board | 3.67yrs | no data | no data |
3.7yrs
Average Tenure
55.5yo
Average Age
Experienced Board: INTERA's board of directors are considered experienced (3.7 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.
Top Shareholders
Company Information
Intertrust N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Intertrust N.V.
- Ticker: INTERA
- Exchange: BATS-CHIXE
- Founded: 1952
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: €1.191b
- Shares outstanding: 90.20m
- Website: https://www.intertrustgroup.com
Number of Employees
Location
- Intertrust N.V.
- Prins Bernhardplein 200
- PO Box 990
- Amsterdam
- Noord-Holland
- 1000 AZ
- Netherlands
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| INTER | ENXTAM (Euronext Amsterdam) | Yes | Ordinary Shares | NL | EUR | Oct 2015 |
| 4IT | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2015 |
| INTERA | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Oct 2015 |
| 0RCL | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Oct 2015 |
| ITRU.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 2015 |
Biography
Intertrust N.V. provides corporate, fund, capital market, and private wealth services in Western Europe, the Americas, and internationally. The company offers formation and implementation; domiciliation, m...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 03:39 |
| End of Day Share Price | 2021/01/20 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.