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, North America, and internationally. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Intercede Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IGP is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IGP's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of UK stocks.
7 Day Return
1 Year Return
Return vs Industry: IGP exceeded the UK Software industry which returned 8.7% over the past year.
Return vs Market: IGP matched the UK Market which returned 22.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Intercede Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs Intercede Group plc's (LON:IGP) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
1 month ago | Simply Wall StAt UK£1.08, Is Intercede Group plc (LON:IGP) Worth Looking At Closely?
2 months ago | Simply Wall StIf You Had Bought Intercede Group (LON:IGP) Stock Three Years Ago, You Could Pocket A 249% Gain Today
Is Intercede Group 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: IGP (£1.07) is trading above our estimate of fair value (£0.71)
Significantly Below Fair Value: IGP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IGP is good value based on its PE Ratio (35.9x) compared to the UK Software industry average (56.4x).
PE vs Market: IGP is poor value based on its PE Ratio (35.9x) compared to the UK market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: IGP is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: IGP is overvalued based on its PB Ratio (12.9x) compared to the GB Software industry average (4.2x).
How is Intercede Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IGP's forecast earnings growth (18.6% per year) is above the savings rate (0.9%).
Earnings vs Market: IGP's earnings (18.6% per year) are forecast to grow faster than the UK market (14.8% per year).
High Growth Earnings: IGP's earnings are forecast to grow, but not significantly.
Revenue vs Market: IGP's revenue (7.4% per year) is forecast to grow faster than the UK market (4.8% per year).
High Growth Revenue: IGP's revenue (7.4% 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 high in 3 years time (23.6%)
How has Intercede Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGP has high quality earnings.
Growing Profit Margin: IGP's current net profit margins (13.9%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: IGP has become profitable over the past 5 years, growing earnings by 57.9% per year.
Accelerating Growth: IGP's earnings growth over the past year (52%) is below its 5-year average (57.9% per year).
Earnings vs Industry: IGP earnings growth over the past year (52%) exceeded the Software industry 3.6%.
Return on Equity
High ROE: IGP's Return on Equity (32.2%) is considered high.
How is Intercede Group's financial position?
Financial Position Analysis
Short Term Liabilities: IGP's short term assets (£12.1M) exceed its short term liabilities (£7.1M).
Long Term Liabilities: IGP's short term assets (£12.1M) exceed its long term liabilities (£1.2M).
Debt to Equity History and Analysis
Debt Level: IGP is debt free.
Reducing Debt: IGP had no debt 5 years ago.
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.
What is Intercede Group current dividend yield, its reliability and sustainability?
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IGP'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 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 ($USD571.25K) is above average for companies of similar size in the UK market ($USD324.01K).
Compensation vs Earnings: Klaas's compensation has increased by more than 20% in the past year.
Experienced Management: IGP's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: IGP's board of directors are considered experienced (9.4 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.3%.
Intercede Group plc's company bio, employee growth, exchange listings and data sources
- Name: Intercede Group plc
- Ticker: IGP
- Exchange: AIM
- Founded: 1992
- Industry: Application Software
- Sector: Software
- Market Cap: UK£59.632m
- Shares outstanding: 57.20m
- Website: https://www.intercede.com
Number of Employees
- Intercede Group plc
- Lutterworth Hall
- St. Mary's Road
- LE17 4PS
- United Kingdom
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, North America, and inte...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/02 17:48|
|End of Day Share Price||2021/08/02 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.