Idox plc, through its subsidiaries, provides software solutions and information services for the management of local government and other organizations worldwide.
+ 1 more risk
Mediocre balance sheet with concerning outlook.
Share Price & News
How has IDOX's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IDOX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IDOX exceeded the UK Software industry which returned -18.6% over the past year.
Return vs Market: IDOX exceeded the UK Market which returned -22.7% over the past year.
Price Volatility Vs. Market
How volatile is IDOX's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWe Think IDOX's (LON:IDOX) Statutory Profit Might Understate Its Earnings Potential
3 months ago | Simply Wall StIs IDOX plc's (LON:IDOX) ROE Of 9.2% Impressive?
5 months ago | Simply Wall StSome IDOX (LON:IDOX) Shareholders Are Down 46%
Is IDOX undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IDOX (£0.34) is trading above our estimate of fair value (£0.04)
Significantly Below Fair Value: IDOX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IDOX is poor value based on its PE Ratio (40.9x) compared to the Software industry average (24.1x).
PE vs Market: IDOX is poor value based on its PE Ratio (40.9x) compared to the UK market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IDOX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IDOX is overvalued based on its PB Ratio (3.9x) compared to the GB Software industry average (2.4x).
How is IDOX forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if IDOX's forecast earnings growth is above the savings rate (0.5%).
Earnings vs Market: Insufficient data to determine if IDOX's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IDOX's revenue (6.9% per year) is forecast to grow faster than the UK market (2.6% per year).
High Growth Revenue: IDOX's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IDOX's Return on Equity is forecast to be high in 3 years time
How has IDOX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IDOX has a large one-off loss of £33.3M impacting its April 30 2019 financial results.
Growing Profit Margin: IDOX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: IDOX's earnings have declined by -48.1% per year over the past 5 years.
Accelerating Growth: IDOX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IDOX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (6.8%).
Return on Equity
High ROE: IDOX's Return on Equity (9.2%) is considered low.
How is IDOX's financial position?
Financial Position Analysis
Short Term Liabilities: IDOX's short term assets (£31.2M) do not cover its short term liabilities (£65.2M).
Long Term Liabilities: IDOX's short term assets (£31.2M) exceed its long term liabilities (£14.8M).
Debt to Equity History and Analysis
Debt Level: IDOX's debt to equity ratio (90%) is considered high.
Reducing Debt: IDOX's debt to equity ratio has increased from 44.9% to 90% over the past 5 years.
Debt Coverage: IDOX's debt is well covered by operating cash flow (21.1%).
Interest Coverage: IDOX's interest payments on its debt are well covered by EBIT (31.2x coverage).
Inventory Level: IDOX has a low level of unsold assets or inventory.
Debt Coverage by Assets: IDOX's debt is not covered by short term assets (assets are 1x debt).
What is IDOX's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IDOX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate IDOX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IDOX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IDOX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IDOX is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IDOX's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dave Meaden (57yo)
Mr. David J. Meaden, also known as Dave, has been the Chief Executive Officer of IDOX plc since June 1, 2018 and has been its Director since 2018. Mr. Meaden served as the Chief Executive of Northgate Publ ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD530.01K) is below average for companies of similar size in the UK market ($USD758.23K).
Compensation vs Earnings: Insufficient data to compare Dave's compensation with company performance.
|CEO & Director||1.75yrs||UK£427.00k||0.11% £156.8k|
|CFO & Director||no data||no data||0.016% £23.5k|
|Non-Executive Chairman||1.33yrs||no data||0.21% £313.7k|
|Non-Executive Director||1yr||no data||0.024% £35.3k|
|Non-Executive Director||1.33yrs||no data||no data|
|Non-Executive Director||6.75yrs||UK£36.00k||no data|
Experienced Board: IDOX's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IDOX plc's company bio, employee growth, exchange listings and data sources
- Name: IDOX plc
- Ticker: IDOX
- Exchange: AIM
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Market Cap: UK£147.383m
- Shares outstanding: 439.95m
- Website: https://www.idoxplc.com
Number of Employees
- IDOX plc
- 1310 Waterside
- 2nd Floor
- RG7 4SA
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IDOX||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Dec 2000|
|LWL||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2000|
Idox plc, through its subsidiaries, provides software solutions and information services for the management of local government and other organizations worldwide. The company operates through five segments: Public Sector Software, Engineering Information Management, Content, Digital, and Health. It offers tools to manage information and knowledge, documents, content, business processes, and workflow, as well as connects directly with the citizens through the Web; elections management solutions; and decision support content, which include grants and planning policy information, as well as corporate compliance services. The company also provides engineering document control, project collaboration, and facility management applications to companies in industries, such as oil and gas, architecture and construction, mining, utilities, pharmaceuticals, and transportation; funding solutions to corporate, public, and commercial customers; digital consultancy services to public, private, and third sector customers; and solutions to the healthcare market. Idox plc was incorporated in 2000 and is based in Reading, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 20:49|
|End of Day Share Price||2020/03/27 00:00|
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.