How does IGG's PE Ratio compare to its peers?

IGG is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (14.7x).

How does IGG's PE Ratio compare vs other companies in the GB Capital Markets Industry?

IGG is good value based on its Price-To-Earnings Ratio (11.4x) compared to the UK Capital Markets industry average (11.4x).

What is IGG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IGG is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.6x).

What is the Fair Price of IGG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IGG (£9.88) is trading below our estimate of [[fair value]] (£19.85)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

IGG Stock Overview

A fintech company, engages in the online trading business worldwide. More details

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

Rewards

Trading at 50.3% below our estimate of its fair value

Earnings are forecast to grow 6.24% per year

Pays a reliable dividend of 4.68%

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for IGG from our risk checks.

My Notes

Capture your thoughts, links and company narrative

IG Group Holdings plc Competitors

Plus500

LSE:PLUS

UK£2.0b

TP ICAP Group

LSE:TCAP

UK£1.9b

AJ Bell

LSE:AJB

UK£1.9b

CMC Markets

LSE:CMCX

UK£689.0m

Price History & Performance

Summary of share price highs, lows and changes for IG Group Holdings
Historical stock prices
Current Share Price	UK£9.88
52 Week High	UK£9.95
52 Week Low	UK£6.71
Beta	0.53
1 Month Change	3.13%
3 Month Change	6.93%
1 Year Change	29.00%
3 Year Change	21.46%
5 Year Change	43.70%
Change since IPO	724.63%

IG Group Holdings' (LON:IGG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 14

Recent updates

IG Group Holdings' (LON:IGG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 14

IG Group Holdings' (LON:IGG) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 28

IG Group Holdings (LON:IGG) Will Pay A Larger Dividend Than Last Year At £0.3194

Jul 23

IG Group Holdings (LON:IGG) Is Increasing Its Dividend To £0.3124

Aug 17

IG Group Holdings (LON:IGG) Will Pay A Larger Dividend Than Last Year At £0.3124

Jul 24

I Ran A Stock Scan For Earnings Growth And IG Group Holdings (LON:IGG) Passed With Ease

Dec 07

I Ran A Stock Scan For Earnings Growth And IG Group Holdings (LON:IGG) Passed With Ease

Sep 07

IG Group Holdings plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 12

Update: IG Group Holdings (LON:IGG) Stock Gained 36% In The Last Year

Mar 17

Why IG Group Holdings plc (LON:IGG) Should Be In Your Dividend Portfolio

Feb 19

Here's What We Like About IG Group Holdings' (LON:IGG) Upcoming Dividend

Jan 24

IG Group Holdings plc (LON:IGG) Insiders Have Been Selling

Jan 14

IG Group Holdings (LON:IGG) Has Compensated Shareholders With A Respectable 49% Return On Their Investment

Dec 14

Shareholder Returns

	IGG	GB Capital Markets	GB Market
7D	0.6%	0.5%	0.2%
1Y	29.0%	19.0%	2.3%

Return vs Industry: IGG exceeded the UK Capital Markets industry which returned 19% over the past year.

Return vs Market: IGG exceeded the UK Market which returned 2.3% over the past year.

Price Volatility

Is IGG's price volatile compared to industry and market?
IGG volatility
IGG Average Weekly Movement	2.0%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: IGG has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: IGG's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1974	2,570	Breon Corcoran	www.iggroup.com

IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include Contracts For Difference (CFD) that enable traders to take advantage of changes in an asset’s price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; foreign exchange FX; market risk management; and OTC FX and options, and spread bets, under IG and IG Prime brands. It also provides exchange-traded derivatives under the tastytrade, an online brokerage and investor education platform; and Spectrum, a multilateral trading facility.

IG Group Holdings plc Fundamentals Summary

How do IG Group Holdings's earnings and revenue compare to its market cap?
IGG fundamental statistics
Market cap	UK£3.50b
Earnings (TTM)	UK£307.70m
Revenue (TTM)	UK£954.50m

11.4x

P/E Ratio

3.7x

P/S Ratio

Is IGG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGG income statement (TTM)
Revenue	UK£954.50m
Cost of Revenue	UK£492.90m
Gross Profit	UK£461.60m
Other Expenses	UK£153.90m
Earnings	UK£307.70m

Last Reported Earnings

May 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.87
Gross Margin	48.36%
Net Profit Margin	32.24%
Debt/Equity Ratio	15.8%

How did IGG perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

58%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 04:53
End of Day Share Price	2024/12/30 00:00
Earnings	2024/05/31
Annual Earnings	2024/05/31

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

IG Group Holdings plc is covered by 28 analysts. 6 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
Peter Lenardos	Arden Partners Plc.
Richard Taylor	Barclays
null null	Canaccord Genuity

IGG Stock Overview

Rewards

Risk Analysis

IG Group Holdings plc Competitors

LSE:PLUS

UK£2.0b

LSE:TCAP

UK£1.9b

LSE:AJB

UK£1.9b

LSE:CMCX

UK£689.0m

Price History & Performance

Recent News & Updates

IG Group Holdings plc Appoints Clifford Abrahams as Executive Director, with Effect from 16 December 2024

IG Group Holdings plc Announces Committee Appointments

Upcoming dividend of UK£0.33 per share

IG Group Holdings plc announced that it has received funding

Price target increased by 8.7% to UK£10.47

IG Group Holdings' (LON:IGG) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

IG Group Holdings plc Appoints Clifford Abrahams as Executive Director, with Effect from 16 December 2024

IG Group Holdings plc Announces Committee Appointments

Upcoming dividend of UK£0.33 per share

IG Group Holdings plc announced that it has received funding

Price target increased by 8.7% to UK£10.47

IG Group Holdings' (LON:IGG) Shareholders Will Receive A Bigger Dividend Than Last Year

IG Group Holdings' (LON:IGG) Shareholders Will Receive A Bigger Dividend Than Last Year

Final dividend increased to UK£0.33

Full year 2024 earnings: EPS in line with expectations, revenues disappoint

IG Group Holdings plc Proposes Final Dividend for Fiscal Year Ended May 31, 2024, Payable on October 17, 2024

IG Group Holdings plc Appoints Marieke Flament as Non-Executive Director

IG Group Holdings plc's (LON:IGG) Low P/E No Reason For Excitement

Charlie Rozes to Step Down as Chief Financial Officer of IG Group Holdings plc

IG Group Holdings (LON:IGG) Has Announced A Dividend Of £0.1356

First half dividend increased to UK£0.14

First half 2024 earnings released: EPS: UK£0.33 (vs UK£0.46 in 1H 2023)

Earnings Working Against IG Group Holdings plc's (LON:IGG) Share Price

IG Group Holdings plc Appoints Breon Corcoran as a Member of the Board

IG Group Holdings plc to Report First Half, 2024 Results on Jan 25, 2024

Insufficient new directors

IG Group Holdings plc Approves Final Dividend for Fiscal Year 2023

Upcoming dividend of UK£0.32 per share at 6.8% yield

IG Group Holdings plc Announces June Felix Will Step Down from Her Position as Director

IG Group Holdings (LON:IGG) Is Paying Out A Larger Dividend Than Last Year

IG Group Holdings (LON:IGG) Is Increasing Its Dividend To £0.3194

IG Group Holdings plc, Annual General Meeting, Sep 20, 2023

COO & Executive Director exercised options and sold UK£409k worth of stock

IG Group Holdings (LON:IGG) Will Pay A Larger Dividend Than Last Year At £0.3194

IG Group Holdings plc (LSE:IGG) announces an Equity Buyback for £250 million worth of its shares.

Ig Group Holdings plc Announces Final Dividend for the Fiscal Year 2023, Payable on 19 October 2023

New minor risk - Dividend sustainability

Full year 2023 earnings: EPS and revenues miss analyst expectations

IG Group Holdings plc Announces CEO Update

CEO & Executive Director recently bought UK£89k worth of stock

First half 2023 earnings released: EPS: UK£0.46 (vs UK£0.48 in 1H 2022)

High number of new directors

IG Group Holdings plc to Report First Half, 2023 Results on Jan 26, 2023

IG Group Holdings plc Declares Final Dividend for the Year Ended May 31, 2022

Upcoming dividend of UK£0.31 per share

IG Group Appoints Catherine Davis as Chief Marketing Officer

IG Group Holdings (LON:IGG) Is Increasing Its Dividend To £0.3124

IG Group Holdings (LON:IGG) Will Pay A Larger Dividend Than Last Year At £0.3124

IG Group Holdings plc (LSE:IGG) announces an Equity Buyback for £150 million worth of its shares.

Full year 2022 earnings: EPS and revenues exceed analyst expectations

IG Group Holdings plc Proposes Final Dividend for the Financial Year Ended 31 May 2022

IG Group Holdings plc, Annual General Meeting, Sep 21, 2022

CFO & Executive Director exercised options and sold UK£81k worth of stock

High number of new directors

Ig Group Holdings plc Appoints Joe (Jj) Kinahan as Vice President and Chief Market Strategist of Tastytrade

Foris DAX Markets, Inc. completed the acquisition of North American Derivatives Exchange, Inc. and a 39% stake in Small Exchange, Inc. from IG Group Holdings plc (LSE:IGG).

IG Group Holdings plc to Report Fiscal Year 2022 Results on Jul 21, 2022

Price target increased to UK£11.39

Consensus EPS estimates increase by 15%

First half 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

I Ran A Stock Scan For Earnings Growth And IG Group Holdings (LON:IGG) Passed With Ease

Foris DAX Markets, Inc. executed a sale and purchase agreement to acquire North American Derivatives Exchange, Inc. and a 39% stake in Small Exchange, Inc. from IG Group Holdings plc (LSE:IGG) for approximately $220 million.

Upcoming dividend of UK£0.30 per share

I Ran A Stock Scan For Earnings Growth And IG Group Holdings (LON:IGG) Passed With Ease