International Personal Finance
Market Cap
UK£157.4m
Last Updated
2020/08/15 04:29 UTC
Data Sources
Company Financials +
Executive Summary
International Personal Finance plc, together with its subsidiaries, provides consumer credit products in Europe and Mexico.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with imperfect balance sheet.
Share Price & News
How has International Personal Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IPF's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
21.6%
IPF
4.2%
GB Consumer Finance
2.4%
GB Market
1 Year Return
-24.9%
IPF
-51.1%
GB Consumer Finance
-8.4%
GB Market
Return vs Industry: IPF exceeded the UK Consumer Finance industry which returned -51.1% over the past year.
Return vs Market: IPF underperformed the UK Market which returned -8.4% over the past year.
Shareholder returns
| IPF | Industry | Market | |
|---|---|---|---|
| 7 Day | 21.6% | 4.2% | 2.4% |
| 30 Day | 14.7% | 9.2% | 0.5% |
| 90 Day | 76.8% | 10.7% | 9.0% |
| 1 Year | -21.3%-24.9% | -50.1%-51.1% | -4.8%-8.4% |
| 3 Year | -57.5%-63.8% | -74.2%-80.6% | -2.8%-14.6% |
| 5 Year | -75.9%-81.5% | -81.8%-87.6% | 22.9%-4.5% |
Price Volatility Vs. Market
How volatile is International Personal Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Did International Personal Finance plc (LON:IPF) Insiders Buy Up More Shares?5 days ago | Simply Wall St
Should You Take Comfort From Insider Transactions At International Personal Finance plc (LON:IPF)?1 month ago | Simply Wall St
What Kind Of Shareholders Own International Personal Finance plc (LON:IPF)?Valuation
Is International Personal Finance 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: IPF (£0.71) is trading below our estimate of fair value (£2.14)
Significantly Below Fair Value: IPF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IPF is good value based on its PE Ratio (2.2x) compared to the GB Consumer Finance industry average (5.6x).
PE vs Market: IPF is good value based on its PE Ratio (2.2x) compared to the UK market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: IPF is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: IPF is good value based on its PB Ratio (0.4x) compared to the GB Consumer Finance industry average (0.9x).
Next Steps
Future Growth
How is International Personal Finance forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
1.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IPF's forecast earnings growth (1.4% per year) is above the savings rate (1.2%).
Earnings vs Market: IPF's earnings (1.4% per year) are forecast to grow slower than the UK market (23.1% per year).
High Growth Earnings: IPF's earnings are forecast to grow, but not significantly.
Revenue vs Market: IPF's revenue (2.7% per year) is forecast to grow slower than the UK market (5.6% per year).
High Growth Revenue: IPF's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IPF's Return on Equity is forecast to be low in 3 years time (15%).
Next Steps
Past Performance
How has International Personal Finance performed over the past 5 years?
-1.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IPF has high quality earnings.
Growing Profit Margin: IPF's current net profit margins (8.1%) are lower than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: IPF's earnings have declined by 1.5% per year over the past 5 years.
Accelerating Growth: IPF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IPF had negative earnings growth (-4.8%) over the past year, making it difficult to compare to the Consumer Finance industry average (11%).
Return on Equity
High ROE: IPF's Return on Equity (16.5%) is considered low.
Next Steps
Financial Health
How is International Personal Finance's financial position?
Financial Position Analysis
Short Term Liabilities: IPF's short term assets (£783.0M) exceed its short term liabilities (£291.8M).
Long Term Liabilities: IPF's short term assets (£783.0M) exceed its long term liabilities (£594.5M).
Debt to Equity History and Analysis
Debt Level: IPF's debt to equity ratio (155%) is considered high.
Reducing Debt: IPF's debt to equity ratio has increased from 132.4% to 155% over the past 5 years.
Debt Coverage: IPF's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: IPF's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Next Steps
Dividend
What is International Personal Finance current dividend yield, its reliability and sustainability?
13.16%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IPF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IPF'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 IPF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IPF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IPF is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IPF'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?
4.4yrs
Average management tenure
CEO
Gerard Ryan (55 yo)
8.33yrs
Tenure
UK£1,260,000
Compensation
Mr. Gerard Jude Ryan has been the Chief Executive Officer of International Personal Finance Plc since April 1, 2012. Mr. Ryan served as the Chief Financial Officer of Garanti Bank, Turkey. He served as the ...
CEO Compensation Analysis
Compensation vs Market: Gerard's total compensation ($USD1.65M) is above average for companies of similar size in the UK market ($USD692.13K).
Compensation vs Earnings: Gerard's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.33yrs | UK£1.26m | 0.57% £ 890.9k | |
| CFO & Executive Director | 3.5yrs | UK£700.00k | 0.041% £ 63.8k | |
| Chief Information Officer | 4.42yrs | no data | no data | |
| Investor Relations Manager | no data | no data | no data | |
| Chief Legal Officer & Company Secretary | 3.17yrs | no data | no data | |
| Group Corporate Affairs Director | no data | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Group Treasurer | no data | no data | no data | |
| Executive Officer | 10yrs | UK£189.00k | no data |
4.4yrs
Average Tenure
55yo
Average Age
Experienced Management: IPF's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.33yrs | UK£1.26m | 0.57% £ 890.9k | |
| CFO & Executive Director | 3.5yrs | UK£700.00k | 0.041% £ 63.8k | |
| Independent Chairman | 0.33yr | no data | 0.039% £ 61.6k | |
| Independent Non-Executive Director | 1.83yrs | UK£55.00k | 0.0090% £ 14.2k | |
| Independent Non-Executive Director | 6.5yrs | UK£65.00k | 0.0067% £ 10.5k | |
| Senior Independent Non Executive Director | 1.25yrs | UK£83.00k | 0.0068% £ 10.6k | |
| Independent Non-Executive Director | 0.42yr | no data | 0.090% £ 141.8k | |
| Independent Non-Executive Director | 1.83yrs | UK£55.00k | 0.020% £ 31.9k | |
| Independent Non-Executive Director | 5.08yrs | UK£65.00k | 0.023% £ 35.5k |
1.8yrs
Average Tenure
56.5yo
Average Age
Experienced Board: IPF's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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
International Personal Finance plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: International Personal Finance plc
- Ticker: IPF
- Exchange: LSE
- Founded: 1997
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: UK£157.430m
- Shares outstanding: 222.05m
- Website: https://www.ipfin.co.uk
Number of Employees
Location
- International Personal Finance plc
- Number Three
- Leeds City Office Park
- Leeds
- West Yorkshire
- LS11 5BD
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| IPF | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jul 2007 |
| IPFP.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jul 2007 |
| 3I8 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2007 |
| IPFL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jul 2007 |
| IPF | WSE (Warsaw Stock Exchange) | Yes | Ordinary Shares | PL | PLN | Jul 2007 |
Biography
International Personal Finance plc, together with its subsidiaries, provides consumer credit products in Europe and Mexico. It offers home credit products, such as home credit cash loans with agent service ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/15 04:29 |
| End of Day Share Price | 2020/08/14 00:00 |
| Earnings | 2019/12/31 |
| 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.