LSE:INF

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Informa plc operates as a business-to-business events, academic publishing, and information services company worldwide. More Details


Snowflake Analysis

Reasonable growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Informa's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: INF has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.5%

INF

2.5%

GB Media

-0.7%

GB Market


1 Year Return

-41.7%

INF

-29.2%

GB Media

-16.4%

GB Market

Return vs Industry: INF underperformed the UK Media industry which returned -29.1% over the past year.

Return vs Market: INF underperformed the UK Market which returned -15.4% over the past year.


Shareholder returns

INFIndustryMarket
7 Day6.5%2.5%-0.7%
30 Day23.6%10.4%0.7%
90 Day11.8%13.4%-3.2%
1 Year-41.7%-41.7%-27.1%-29.2%-13.2%-16.4%
3 Year-32.5%-36.1%-30.2%-40.1%-9.3%-20.5%
5 Year-5.3%-22.3%-29.1%-44.8%15.2%-10.7%

Price Volatility Vs. Market

How volatile is Informa's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Informa undervalued compared to its fair value and its price relative to the market?

3.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: INF (£4.45) is trading below our estimate of fair value (£4.6)

Significantly Below Fair Value: INF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: INF is unprofitable, so we can't compare its PE Ratio to the GB Media industry average.

PE vs Market: INF is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate INF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: INF's PB Ratio (1.1x) is in line with the GB Media industry average.


Next Steps

Future Growth

How is Informa forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

106.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: INF is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: INF's is expected to become profitable in the next 3 years.

Revenue vs Market: INF's revenue (14.3% per year) is forecast to grow faster than the UK market (6% per year).

High Growth Revenue: INF's revenue (14.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INF's Return on Equity is forecast to be low in 3 years time (8.6%).


Next Steps

Past Performance

How has Informa performed over the past 5 years?

-14.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INF is currently unprofitable.

Growing Profit Margin: INF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: INF is unprofitable, and losses have increased over the past 5 years at a rate of 14.9% per year.

Accelerating Growth: Unable to compare INF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: INF is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-32.4%).


Return on Equity

High ROE: INF has a negative Return on Equity (-11.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Informa's financial position?


Financial Position Analysis

Short Term Liabilities: INF's short term assets (£1.5B) exceed its short term liabilities (£1.5B).

Long Term Liabilities: INF's short term assets (£1.5B) do not cover its long term liabilities (£3.6B).


Debt to Equity History and Analysis

Debt Level: INF's debt to equity ratio (41.3%) is considered high.

Reducing Debt: INF's debt to equity ratio has reduced from 77.2% to 41.3% over the past 5 years.

Debt Coverage: INF's debt is not well covered by operating cash flow (18.7%).

Interest Coverage: INF is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Informa current dividend yield, its reliability and sustainability?

2.05%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate INF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate INF'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 INF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: INF is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INF'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

Stephen Carter (56 yo)

7.08yrs

Tenure

UK£3,724,849

Compensation

Mr. Stephen Andrew Carter, CBE has been Group Chief Executive of Informa plc since September 01, 2013. Mr. Carter has been an Executive Director of Informa plc since September 1, 2013. He has responsibilit ...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD4.85M) is above average for companies of similar size in the UK market ($USD2.84M).

Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Stephen Carter
Group Chief Executive & Executive Director7.08yrsUK£3.72m0.0088%
£ 588.5k
Gareth Wright
Group Finance Director & Executive Director6.25yrsUK£1.77m0.0015%
£ 102.2k
Patrick Martell
COO & Chief Executive of Informa Intelligence1.75yrsno datano data
Simon Hollins
Group CIO & CISO2.75yrsno datano data
Richard Menzies-Gow
Director of Investor Relations6.75yrsno datano data
Rupert John Hopley
Group General Counsel & Company Secretary8.92yrsno datano data
Peter Miller
Corporate Development Directorno datano datano data
Eleanor Phillips
Group HR Director2.75yrsno datano data
Andrew Mullins
Chief Executive of Informa Connect6yrsno datano data
Charles McCurdy
President & CEO of Informa Markets1.75yrsno datano data
Jeremy North
Managing Director of Global Books & Academic Publishingno datano datano data
Gary Nugent
Chief Executive of Informa Tech1.75yrsno datano data

4.4yrs

Average Tenure

55yo

Average Age

Experienced Management: INF's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stephen Carter
Group Chief Executive & Executive Director7.08yrsUK£3.72m0.0088%
£ 588.5k
Gareth Wright
Group Finance Director & Executive Director6.25yrsUK£1.77m0.0015%
£ 102.2k
David Flaschen
Independent Non-Executive Director5.08yrsUK£77.21k0.0011%
£ 74.8k
Mary McDowell
Independent Non-Executive Director2.33yrsUK£69.37k0.00060%
£ 40.1k
John Rishton
Independent Non-Executive Director4.08yrsUK£82.59k0.0013%
£ 85.5k
Stephen Davidson
Independent Non-Executive Director5.08yrsUK£78.75k0.00047%
£ 31.4k
Gareth Bullock
Senior Independent Non-Executive Director6.42yrsUK£78.20k0.0012%
£ 77.5k
Derek Mapp
Non-Executive Chairman12.58yrsUK£383.01k0.014%
£ 951.9k
Helen Owers
Independent Non-Executive Director6.75yrsUK£71.22k0.00050%
£ 33.4k
Gillian Whitehead
Independent Non-Executive Director1.17yrsUK£27.31k0.00017%
£ 11.4k

5.7yrs

Average Tenure

59.5yo

Average Age

Experienced Board: INF's board of directors are considered experienced (5.7 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.9%.


Top Shareholders

Company Information

Informa plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Informa plc
  • Ticker: INF
  • Exchange: LSE
  • Founded: 1998
  • Industry: Advertising
  • Sector: Media
  • Market Cap: UK£6.680b
  • Shares outstanding: 1.50b
  • Website: https://www.informa.com

Number of Employees


Location

  • Informa plc
  • 5 Howick Place
  • London
  • Greater London
  • SW1P 1WG
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IFPJ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 1998
INFLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 1998
IEADB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 1998
INFLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPApr 1998
IFJP.YOTCPK (Pink Sheets LLC)SPONSORED ADR NEUSUSDSep 2010

Biography

Informa plc operates as a business-to-business events, academic publishing, and information services company worldwide. It operates through five divisions: Informa Connect, Informa Intelligence, Informa Ma ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 21:44
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.