Intertek Group
Market Cap
UK£9.0b
Last Updated
2021/06/24 18:15 UTC
Data Sources
Company Financials +
Executive Summary
Intertek Group plc provides quality assurance solutions to various industries worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Intertek Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITRK is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ITRK's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.5%
ITRK
-0.1%
GB Professional Services
-0.7%
GB Market
1 Year Return
2.9%
ITRK
6.0%
GB Professional Services
19.3%
GB Market
Return vs Industry: ITRK underperformed the UK Professional Services industry which returned 5.8% over the past year.
Return vs Market: ITRK underperformed the UK Market which returned 19.5% over the past year.
Shareholder returns
| ITRK | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | -0.1% | -0.7% |
| 30 Day | -6.4% | 0.4% | 0.4% |
| 90 Day | -0.5% | 8.2% | 6.0% |
| 1 Year | 4.8%2.9% | 8.0%6.0% | 25.0%19.3% |
| 3 Year | 4.4%-1.6% | 29.7%21.6% | 14.1%1.0% |
| 5 Year | 74.9%60.0% | 78.0%59.5% | 46.8%19.1% |
Long-Term Price Volatility Vs. Market
How volatile is Intertek Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Who Has Been Buying Intertek Group plc (LON:ITRK) Shares?2 weeks ago | Simply Wall St
Here's Why Intertek Group (LON:ITRK) Can Manage Its Debt Responsibly1 month ago | Simply Wall St
Should You Buy Intertek Group plc (LON:ITRK) For Its Upcoming Dividend?Valuation
Is Intertek Group undervalued compared to its fair value and its price relative to the market?
36.25x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ITRK (£55.68) is trading above our estimate of fair value (£45.95)
Significantly Below Fair Value: ITRK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ITRK's PE Ratio (36.2x) is in line with the UK Professional Services industry average.
PE vs Market: ITRK is poor value based on its PE Ratio (36.2x) compared to the UK market (25x).
Price to Earnings Growth Ratio
PEG Ratio: ITRK is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: ITRK is overvalued based on its PB Ratio (9.2x) compared to the GB Professional Services industry average (3.1x).
Future Growth
How is Intertek Group forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITRK's forecast earnings growth (10% per year) is above the savings rate (0.9%).
Earnings vs Market: ITRK's earnings (10% per year) are forecast to grow slower than the UK market (17.3% per year).
High Growth Earnings: ITRK's earnings are forecast to grow, but not significantly.
Revenue vs Market: ITRK's revenue (4.3% per year) is forecast to grow slower than the UK market (5.3% per year).
High Growth Revenue: ITRK's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITRK's Return on Equity is forecast to be high in 3 years time (27.1%)
Past Performance
How has Intertek Group performed over the past 5 years?
36.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITRK has high quality earnings.
Growing Profit Margin: ITRK's current net profit margins (9%) are lower than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: ITRK has become profitable over the past 5 years, growing earnings by 36% per year.
Accelerating Growth: ITRK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ITRK had negative earnings growth (-20.9%) over the past year, making it difficult to compare to the Professional Services industry average (-10.4%).
Return on Equity
High ROE: ITRK's Return on Equity (26.2%) is considered high.
Financial Health
How is Intertek Group's financial position?
Financial Position Analysis
Short Term Liabilities: ITRK's short term assets (£865.1M) exceed its short term liabilities (£751.2M).
Long Term Liabilities: ITRK's short term assets (£865.1M) exceed its long term liabilities (£860.9M).
Debt to Equity History and Analysis
Debt Level: ITRK's debt to equity ratio (62.2%) is considered high.
Reducing Debt: ITRK's debt to equity ratio has reduced from 268.9% to 62.2% over the past 5 years.
Debt Coverage: ITRK's debt is well covered by operating cash flow (89.6%).
Interest Coverage: ITRK's interest payments on its debt are well covered by EBIT (14.4x coverage).
Balance Sheet
Dividend
What is Intertek Group current dividend yield, its reliability and sustainability?
1.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ITRK's dividend (1.9%) is higher than the bottom 25% of dividend payers in the UK market (1.27%).
High Dividend: ITRK's dividend (1.9%) is low compared to the top 25% of dividend payers in the UK market (4.06%).
Stability and Growth of Payments
Stable Dividend: ITRK's dividends per share have been stable in the past 10 years.
Growing Dividend: ITRK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.9%), ITRK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ITRK's dividends in 3 years are forecast to be covered by earnings (53.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.6yrs
Average management tenure
CEO
André Pierre Lacroix (59 yo)
6.08yrs
Tenure
UK£2,578,000
Compensation
Mr. Andre Pierre Joseph Lacroix has been the Chief Executive Officer at Intertek Group plc since May 16, 2015. Mr. Lacroix served as Secretary of Geomega Resources Inc. since November 1, 2010. He served as...
CEO Compensation Analysis
Compensation vs Market: André Pierre's total compensation ($USD3.60M) is about average for companies of similar size in the UK market ($USD3.62M).
Compensation vs Earnings: André Pierre's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ITRK's management team is seasoned and experienced (5.6 years average tenure).
Board Members
Experienced Board: ITRK's board of directors are considered experienced (3.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Intertek Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Intertek Group plc
- Ticker: ITRK
- Exchange: LSE
- Founded: 1885
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: UK£8.969b
- Shares outstanding: 161.08m
- Website: https://www.intertek.com
Number of Employees
Location
- Intertek Group plc
- 33 Cavendish Square
- London
- Greater London
- W1G 0PS
- United Kingdom
Listings
Biography
Intertek Group plc provides quality assurance solutions to various industries worldwide. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, inspe...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/24 18:15 |
| End of Day Share Price | 2021/06/24 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.