IGP Stock Overview
Intercede Group plc, a cybersecurity company, engages in identity, credential management, and secure mobility business to enable digital trust in the United Kingdom, rest of Europe, the United States, and internationally.
Intercede Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.44|
|52 Week High||UK£1.20|
|52 Week Low||UK£0.37|
|1 Month Change||0%|
|3 Month Change||-27.87%|
|1 Year Change||-55.56%|
|3 Year Change||12.82%|
|5 Year Change||-29.60%|
|Change since IPO||-44.65%|
Recent News & Updates
Estimating The Fair Value Of Intercede Group plc (LON:IGP)
In this article we are going to estimate the intrinsic value of Intercede Group plc ( LON:IGP ) by taking the expected...
Here's Why We Think Intercede Group (LON:IGP) Is Well Worth Watching
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|IGP||GB Software||GB Market|
Return vs Industry: IGP underperformed the UK Software industry which returned -23.1% over the past year.
Return vs Market: IGP underperformed the UK Market which returned -6.8% over the past year.
|IGP Average Weekly Movement||8.4%|
|Software Industry Average Movement||5.6%|
|Market Average Movement||5.4%|
|10% most volatile stocks in GB Market||10.6%|
|10% least volatile stocks in GB Market||2.8%|
Stable Share Price: IGP is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: IGP's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
|1992||87||Klaas van der Leest||https://www.intercede.com|
Intercede Group plc, a cybersecurity company, engages in identity, credential management, and secure mobility business to enable digital trust in the United Kingdom, rest of Europe, the United States, and internationally. The company offers MyID, a credential management system for cyber secure digital identity that allows organizations to deploy digital identities to a range of secure devices; MyID Professional, an identity management software solution that enables enterprises to replace insecure passwords across their workforce with the strong user authentication – smart cards, or USB tokens with public key infrastructure certificates; and MyID Enterprise, a software solution for large organizations and governments to deploy and manage digital identities to a range of secure devices. In addition, it provides MyID PIV, a software solution for federal agencies that issue and manage secure digital identities to federal employees.
Intercede Group Fundamentals Summary
|IGP fundamental statistics|
Is IGP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IGP income statement (TTM)|
|Cost of Revenue||UK£198.00k|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.013|
|Net Profit Margin||7.28%|
How did IGP perform over the long term?See historical performance and comparison
Is IGP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IGP?
Other financial metrics that can be useful for relative valuation.
|What is IGP's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does IGP's PE Ratio compare to its peers?
|IGP PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ITIM Itim Group
PEB Pebble Beach Systems Group
ARC Arcontech Group
IGP Intercede Group
Price-To-Earnings vs Peers: IGP is good value based on its Price-To-Earnings Ratio (35.1x) compared to the peer average (61.3x).
Price to Earnings Ratio vs Industry
How does IGP's PE Ratio compare vs other companies in the GB Software Industry?
Price-To-Earnings vs Industry: IGP is good value based on its Price-To-Earnings Ratio (35.1x) compared to the UK Software industry average (41.2x)
Price to Earnings Ratio vs Fair Ratio
What is IGP'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.
|Current PE Ratio||35.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate IGP's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of IGP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IGP (£0.44) is trading above our estimate of fair value (£0.01)
Significantly Below Fair Value: IGP is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IGP's PEG Ratio to determine if it is good value.
Discover undervalued companies
How is Intercede Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if IGP's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if IGP's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if IGP's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IGP's revenue (9.5% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: IGP's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IGP's Return on Equity is forecast to be low in 3 years time (8%).
Discover growth companies
How has Intercede Group performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGP has high quality earnings.
Growing Profit Margin: IGP's current net profit margins (7.3%) are lower than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: IGP has become profitable over the past 5 years, growing earnings by 69.7% per year.
Accelerating Growth: IGP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IGP had negative earnings growth (-52.7%) over the past year, making it difficult to compare to the Software industry average (-14.3%).
Return on Equity
High ROE: IGP's Return on Equity (13.1%) is considered low.
Discover strong past performing companies
How is Intercede Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IGP's short term assets (£12.4M) exceed its short term liabilities (£6.8M).
Long Term Liabilities: IGP's short term assets (£12.4M) exceed its long term liabilities (£621.0K).
Debt to Equity History and Analysis
Debt Level: IGP is debt free.
Reducing Debt: IGP has no debt compared to 5 years ago when its debt to equity ratio was 1131.9%.
Debt Coverage: IGP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IGP has no debt, therefore coverage of interest payments is not a concern.
Discover healthy companies
What is Intercede Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IGP'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 IGP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IGP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as IGP has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Klaas van der Leest (54 yo)
Mr. Klaas Peter van der Leest serves as Chief Executive Officer and Director of Intercede Group plc since April 10, 2018 and he is responsible for sales since April 26, 2018. He served as the Managing Dire...
CEO Compensation Analysis
Compensation vs Market: Klaas's total compensation ($USD498.22K) is above average for companies of similar size in the UK market ($USD332.74K).
Compensation vs Earnings: Klaas's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: IGP's management team is considered experienced (4.2 years average tenure).
Experienced Board: IGP's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IGP 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.
Intercede Group plc's employee growth, exchange listings and data sources
- Name: Intercede Group plc
- Ticker: IGP
- Exchange: AIM
- Founded: 1992
- Industry: Application Software
- Sector: Software
- Implied Market Cap: UK£25.349m
- Shares outstanding: 57.61m
- Website: https://www.intercede.com
Number of Employees
- Intercede Group plc
- Lutterworth Hall
- St. Mary's Road
- LE17 4PS
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/29 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.