IDOX Valuation

Is IDOX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: IDOX (£0.62) is trading above our estimate of fair value (£0.58)

Significantly Below Fair Value: IDOX is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IDOX?

Key metric: As IDOX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IDOX. This is calculated by dividing IDOX's market cap by their current earnings.
What is IDOX's PE Ratio?
PE Ratio51.6x
EarningsUK£5.50m
Market CapUK£287.32m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for IDOX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.1x
DOTD dotdigital Group
25.2x10.5%UK£279.2m
ACSO accesso Technology Group
35x13.5%UK£233.8m
APTD Aptitude Software Group
39.4x17.4%UK£191.6m
ADVT AdvancedAdvT
41xn/aUK£189.8m
IDOX IDOX
51.6x22.8%UK£283.7m

Price-To-Earnings vs Peers: IDOX is expensive based on its Price-To-Earnings Ratio (51.6x) compared to the peer average (35.1x).


Price to Earnings Ratio vs Industry

How does IDOX's PE Ratio compare vs other companies in the GB Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SORT Sorted Group Holdings
2.9xn/aUS$5.31m
No more companies available in this PE range
IDOX 51.6xIndustry Avg. 36.2xNo. of Companies4PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IDOX is expensive based on its Price-To-Earnings Ratio (51.6x) compared to the UK Software industry average (36.2x).


Price to Earnings Ratio vs Fair Ratio

What is IDOX'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.

IDOX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.6x
Fair PE Ratio34.3x

Price-To-Earnings vs Fair Ratio: IDOX is expensive based on its Price-To-Earnings Ratio (51.6x) compared to the estimated Fair Price-To-Earnings Ratio (34.3x).


Analyst Price Targets

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

The above table shows the analyst IDOX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£0.62
UK£0.82
+32.2%
2.3%UK£0.85UK£0.80n/a4
Dec ’25UK£0.64
UK£0.82
+29.3%
2.3%UK£0.85UK£0.80n/a4
Nov ’25UK£0.60
UK£0.82
+37.1%
2.3%UK£0.85UK£0.80n/a4
Oct ’25UK£0.59
UK£0.82
+39.4%
2.3%UK£0.85UK£0.80n/a4
Sep ’25UK£0.62
UK£0.82
+32.7%
2.3%UK£0.85UK£0.80n/a4
Aug ’25UK£0.62
UK£0.82
+31.8%
2.3%UK£0.85UK£0.80n/a4
Jul ’25UK£0.60
UK£0.83
+37.8%
2.5%UK£0.85UK£0.80n/a3
Jun ’25UK£0.67
UK£0.83
+23.8%
2.5%UK£0.85UK£0.80n/a3
May ’25UK£0.65
UK£0.83
+27.2%
2.5%UK£0.85UK£0.80n/a3
Apr ’25UK£0.63
UK£0.83
+32.1%
2.5%UK£0.85UK£0.80n/a3
Mar ’25UK£0.63
UK£0.83
+30.8%
2.5%UK£0.85UK£0.80n/a3
Feb ’25UK£0.66
UK£0.83
+24.5%
2.5%UK£0.85UK£0.80n/a3
Jan ’25UK£0.69
UK£0.83
+20.0%
2.5%UK£0.85UK£0.80n/a3
Dec ’24UK£0.65
UK£0.83
+27.2%
2.5%UK£0.85UK£0.80UK£0.643
Nov ’24UK£0.61
UK£0.83
+34.6%
2.5%UK£0.85UK£0.80UK£0.603
Oct ’24UK£0.64
UK£0.81
+28.1%
1.8%UK£0.83UK£0.80UK£0.592
Sep ’24UK£0.64
UK£0.81
+27.7%
1.8%UK£0.83UK£0.80UK£0.622
Aug ’24UK£0.63
UK£0.81
+29.0%
1.8%UK£0.83UK£0.80UK£0.622
Jul ’24UK£0.68
UK£0.81
+20.6%
1.8%UK£0.83UK£0.80UK£0.602
Jun ’24UK£0.67
UK£0.81
+22.4%
1.8%UK£0.83UK£0.80UK£0.672
May ’24UK£0.68
UK£0.74
+8.8%
12.2%UK£0.83UK£0.65UK£0.652
Apr ’24UK£0.63
UK£0.74
+18.2%
12.2%UK£0.83UK£0.65UK£0.632
Mar ’24UK£0.63
UK£0.74
+17.3%
12.2%UK£0.83UK£0.65UK£0.632
Feb ’24UK£0.65
UK£0.74
+14.2%
12.2%UK£0.83UK£0.65UK£0.662
Jan ’24UK£0.65
UK£0.74
+14.4%
12.2%UK£0.83UK£0.65UK£0.692
Dec ’23UK£0.65
UK£0.74
+13.1%
12.2%UK£0.83UK£0.65UK£0.652

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies