IPX Stock Overview

A publicly owned investment manager. More details

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

Rewards

Trading at 69.7% below our estimate of its fair value

Earnings are forecast to grow 5.16% per year

Trading at good value compared to peers and industry

Risk Analysis

Volatile share price over the past 3 months compared to the UK market

Dividend of 11.55% is not well covered by earnings

My Notes

Capture your thoughts, links and company narrative

Impax Asset Management Group Plc Competitors

Castelnau Group

LSE:CGL

UK£303.5m

Brooks Macdonald Group

AIM:BRK

UK£271.9m

Liontrust Asset Management

LSE:LIO

UK£298.4m

Georgia Capital

LSE:CGEO

UK£413.8m

Price History & Performance

Summary of share price highs, lows and changes for Impax Asset Management Group
Historical stock prices
Current Share Price	UK£2.39
52 Week High	UK£5.75
52 Week Low	UK£2.35
Beta	1.58
1 Month Change	-29.50%
3 Month Change	-37.35%
1 Year Change	-56.62%
3 Year Change	-82.76%
5 Year Change	-32.77%
Change since IPO	373.27%

Why Investors Shouldn't Be Surprised By Impax Asset Management Group Plc's (LON:IPX) 26% Share Price Plunge

Dec 15

Impax Asset Management Group Plc (LON:IPX) Just Released Its Annual Earnings: Here's What Analysts Think

Dec 02

Recent updates

Why Investors Shouldn't Be Surprised By Impax Asset Management Group Plc's (LON:IPX) 26% Share Price Plunge

Dec 15

Impax Asset Management Group Plc (LON:IPX) Just Released Its Annual Earnings: Here's What Analysts Think

Dec 02

Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing

May 14

Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing

Jan 27

If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity

Mar 10

With EPS Growth And More, Impax Asset Management Group (LON:IPX) Makes An Interesting Case

Dec 01

If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity

Aug 28

Here's Why We Think Impax Asset Management Group (LON:IPX) Is Well Worth Watching

May 30

Shareholder Returns

	IPX	GB Capital Markets	GB Market
7D	-27.5%	0.3%	-1.4%
1Y	-56.6%	21.7%	4.6%

Return vs Industry: IPX underperformed the UK Capital Markets industry which returned 21.7% over the past year.

Return vs Market: IPX underperformed the UK Market which returned 4.6% over the past year.

Price Volatility

Is IPX's price volatile compared to industry and market?
IPX volatility
IPX Average Weekly Movement	8.1%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: IPX's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: IPX's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
n/a	315	Ian Simm	www.impaxam.com

Impax Asset Management Group Plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.

Impax Asset Management Group Plc Fundamentals Summary

How do Impax Asset Management Group's earnings and revenue compare to its market cap?
IPX fundamental statistics
Market cap	UK£300.27m
Earnings (TTM)	UK£36.48m
Revenue (TTM)	UK£170.11m

8.4x

P/E Ratio

1.8x

P/S Ratio

Is IPX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IPX income statement (TTM)
Revenue	UK£170.11m
Cost of Revenue	UK£90.32m
Gross Profit	UK£79.80m
Other Expenses	UK£43.32m
Earnings	UK£36.48m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	46.91%
Net Profit Margin	21.44%
Debt/Equity Ratio	0%

How did IPX perform over the long term?

See historical performance and comparison

Dividends

11.5%

Current Dividend Yield

97%

Payout Ratio

Does IPX pay a reliable dividends?

See IPX dividend history and benchmarks

When do you need to buy IPX by to receive an upcoming dividend?
Impax Asset Management Group dividend dates
Ex Dividend Date	Feb 20 2025
Dividend Pay Date	Mar 21 2025
Days until Ex dividend	63 days
Days until Dividend pay date	92 days

Does IPX pay a reliable dividends?

See IPX dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 18:45
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Impax Asset Management Group Plc is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jonathan Richards	Berenberg
Alexander Bowers	Berenberg
Ben Archer	Charles Stanley Securities

IPX Stock Overview

Rewards

Risk Analysis

Impax Asset Management Group Plc Competitors

LSE:CGL

UK£303.5m

AIM:BRK

UK£271.9m

LSE:LIO

UK£298.4m

LSE:CGEO

UK£413.8m

Price History & Performance

Recent News & Updates

Price target decreased by 11% to UK£4.80

Why Investors Shouldn't Be Surprised By Impax Asset Management Group Plc's (LON:IPX) 26% Share Price Plunge

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 24%

Impax Asset Management Group Plc (LON:IPX) Just Released Its Annual Earnings: Here's What Analysts Think

Final dividend of UK£0.23 announced

Recent updates

Price target decreased by 11% to UK£4.80

Why Investors Shouldn't Be Surprised By Impax Asset Management Group Plc's (LON:IPX) 26% Share Price Plunge

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 24%

Impax Asset Management Group Plc (LON:IPX) Just Released Its Annual Earnings: Here's What Analysts Think

Final dividend of UK£0.23 announced

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Impax Asset Management Group plc Recommends Final Dividend, Payable on or Around March 21, 2025

Impax Asset Management Group Plc to Report Fiscal Year 2024 Results on Nov 28, 2024

Impax Asset Management Group plc Announces Board Changes

Impax Asset Management Group plc Announces the Appointments of Senior Portfolio Managers

Price target decreased by 8.3% to UK£5.76

Consensus EPS estimates fall by 10%

First half dividend of UK£0.047 announced

Investor sentiment deteriorates as stock falls 17%

Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing

Impax Asset Management Group Plc to Report First Half, 2024 Results on May 29, 2024

Less than half of directors are independent

Impax Asset Management Group Plc Appoints Lyle Logan as Non-Executive Director and Member of Audit & Risk and Remuneration Committees

Upcoming dividend of UK£0.23 per share at 5.1% yield

Impax Asset Management Group Plc's (LON:IPX) Popularity With Investors Is Under Threat From Overpricing

Full year 2023 earnings: EPS exceeds analyst expectations

New minor risk - Profit margin trend

Impax Asset Management Group Plc, Annual General Meeting, Mar 12, 2024

Impax Asset Management Group Plc to Report Fiscal Year 2023 Results on Nov 29, 2023

VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX).

Investor sentiment deteriorates as stock falls 15%

Price target decreased by 15% to UK£7.86

New major risk - Revenue and earnings growth

Upcoming dividend of UK£0.047 per share at 4.4% yield

Consensus EPS estimates fall by 19%

Now 22% undervalued after recent price drop

Impax Asset Management Group plc to Report First Half, 2023 Results on May 31, 2023

Less than half of directors are independent

If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity

Upcoming dividend of UK£0.23 per share at 3.2% yield

Founder recently sold UK£139k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Impax Asset Management Group plc Announces Management Changes

With EPS Growth And More, Impax Asset Management Group (LON:IPX) Makes An Interesting Case

Impax Asset Management Group plc, Annual General Meeting, Mar 16, 2023

Sonnedix Power Holdings Limited acquired 36-MWp solar photovoltaic from Impax Asset Management Group plc (AIM:IPX).

Investor sentiment improved over the past week

Investor sentiment improved over the past week

If EPS Growth Is Important To You, Impax Asset Management Group (LON:IPX) Presents An Opportunity

Investor sentiment deteriorated over the past week

Consensus EPS estimates fall by 13%

Impax Asset Management Group plc Announces the Appointment of Annette Wilson as Non-Executive Director, Effective 28 June 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.047 per share

First half 2022 earnings released

Impax Asset Management Group plc Declares Interim Dividend, Payable on 22 July 2022

Here's Why We Think Impax Asset Management Group (LON:IPX) Is Well Worth Watching

Investor sentiment deteriorated over the past week

Impax Asset Management Group plc to Report First Half, 2022 Results on Jun 01, 2022

Price target decreased to UK£14.25

Impax Asset Management Group plc Announces Final Dividend

Impax Asset Management Group plc Announces Final Dividend

Investor sentiment deteriorated over the past week