AIM:ING

Stock Analysis Report

Executive Summary

Ingenta plc, together with its subsidiaries, provides content management, advertising, and commercial enterprise solutions and services in the United Kingdom, the United States, and internationally.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ING's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.4%

ING

-1.3%

GB IT

-3.3%

GB Market


1 Year Return

-17.0%

ING

1.9%

GB IT

-25.0%

GB Market

Return vs Industry: ING underperformed the UK IT industry which returned 1.9% over the past year.

Return vs Market: ING exceeded the UK Market which returned -25% over the past year.


Shareholder returns

INGIndustryMarket
7 Day-5.4%-1.3%-3.3%
30 Day-15.2%-19.2%-19.5%
90 Day-29.3%-31.6%-28.9%
1 Year-15.1%-17.0%4.3%1.9%-21.0%-25.0%
3 Year-72.8%-73.9%60.5%49.6%-14.7%-25.8%
5 Year-66.9%-68.2%72.1%58.4%-1.5%-24.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ING (£0.57) is trading above our estimate of fair value (£0.25)

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


Price To Earnings Ratio

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

PE vs Market: ING 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 ING's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ING is good value based on its PB Ratio (2.1x) compared to the GB IT industry average (2.1x).


Next Steps

Future Growth

How is Ingenta forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.4%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ingenta has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Ingenta performed over the past 5 years?

46.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ING is currently unprofitable.

Growing Profit Margin: ING is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ING is unprofitable, but has reduced losses over the past 5 years at a rate of 46.2% per year.

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

Earnings vs Industry: ING is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (17.5%).


Return on Equity

High ROE: ING has a negative Return on Equity (-11.82%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ingenta's financial position?


Financial Position Analysis

Short Term Liabilities: ING's short term assets (£4.5M) do not cover its short term liabilities (£4.7M).

Long Term Liabilities: ING's short term assets (£4.5M) exceed its long term liabilities (£307.0K).


Debt to Equity History and Analysis

Debt Level: ING is debt free.

Reducing Debt: ING currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Inventory Level: ING has a low level of unsold assets or inventory.

Debt Coverage by Assets: ING's debt is not covered by short term assets (assets are -79.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if ING has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ING has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Ingenta's current dividend yield, its reliability and sustainability?

2.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ING's dividend (2.62%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.67%).

High Dividend: ING's dividend (2.62%) is low compared to the top 25% of dividend payers in the UK market (7.36%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ING has been paying a dividend for less than 10 years.

Growing Dividend: ING's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: ING is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Gregory Winner (50yo)

1.92s

Tenure

UK£196,000

Compensation

Mr. Gregory Scott Winner has been Chief Executive Officer at Ingenta plc since 2018. Mr. Winner was Chief Operating Officer of Ingenta Plc (also known as Publishing Technology PLC) since October 24, 2015 u ...


CEO Compensation Analysis

Compensation vs Market: Gregory's total compensation ($USD242.98K) is about average for companies of similar size in the UK market ($USD334.31K).

Compensation vs Earnings: Insufficient data to compare Gregory's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Winner
CEO & Director1.92yrsUK£196.00k0.13% £12.6k
Jon Sheffield
CFO, Company Secretary & Executive Directorno dataUK£159.00k0.082% £7.9k
Ken Burch
Technology Director4.25yrsno datano data
Donna Loews
Head of Publishers Communication Groupno datano datano data

2.9yrs

Average Tenure

Experienced Management: ING's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gregory Winner
CEO & Director1.92yrsUK£196.00k0.13% £12.6k
Jon Sheffield
CFO, Company Secretary & Executive Directorno dataUK£159.00k0.082% £7.9k
Mark Rowse
Non-Executive Directorno dataUK£30.00k2.61% £252.1k
Martyn Rose
Non-Executive Chairman4.33yrsUK£88.00k27.56% £2.7m
Neil Kirton
Non-Executive Director4.83yrsUK£33.00k0.26% £25.3k
Matthew Max Royde
Non-Executive Director3.67yrsUK£73.00kno data
B. Holmstrom
Non-Executive Director3.67yrsUK£30.00kno data

3.7yrs

Average Tenure

50yo

Average Age

Experienced Board: ING's board of directors are considered experienced (3.7 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Ingenta plc
  • Ticker: ING
  • Exchange: AIM
  • Founded: 1965
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: UK£9.649m
  • Shares outstanding: 16.85m
  • Website: https://www.ingenta.com

Number of Employees


Location

  • Ingenta plc
  • 8100 Alec Issigonis Way
  • Oxford
  • Oxfordshire
  • OX4 2HU
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPFeb 2007

Biography

Ingenta plc, together with its subsidiaries, provides content management, advertising, and commercial enterprise solutions and services in the United Kingdom, the United States, and internationally. The company operates through Ingenta Commercial Products, Ingenta Content Products, Publishers Communication Group (PCG), and Ingenta Advertising segments. The Ingenta Commercial Products segment includes Product Manager that provides publishers with control and consistency of content by enhancing visibility and opening lines of communication; and Rights and Royalties module, which enables publishers to fulfill contractual obligations and minimize operating expenses; and Order to Cash that allows publishers to package, market, sell, and deliver content. The Ingenta Content segment comprising a content management solution (CMS) platform, a custom hosting solution that supports and delivers a range of information to publish; CMS Go, a packaged solution for publishers to host own site; Connect that hosts content for publishers; Open, a solution for open access content; and E-commerce, a solution, which manages business models, access entitlement, and cross-selling of products on various platforms. The Ingenta Advertising segment provides browser-based multimedia advertising, CRM, and sales management platform for content providers. The PCG segment offers research, sales, and marketing services. The company also provides business consulting, solution implementation, application management, and hosting services. It serves publishers, information providers, academic libraries, and institutions. The company was formerly known as Publishing Technology Plc and changed its name to Ingenta plc in May 2016. Ingenta plc was incorporated in 1965 and is based in Oxford, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 22:12
End of Day Share Price2020/04/01 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.