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iomart Group

AIM:IOM
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IOM
AIM
£402M
Market Cap
  1. Home
  2. GB
  3. Software
Company description

iomart Group plc provides managed cloud services in the United Kingdom and internationally. The last earnings update was 74 days ago. More info.


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IOM Share Price and Events
7 Day Returns
-1.6%
AIM:IOM
1.7%
GB IT
1.5%
GB Market
1 Year Returns
1.6%
AIM:IOM
-6.3%
GB IT
-3%
GB Market
IOM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iomart Group (IOM) -1.6% 6.3% -3.8% 1.6% 44.8% 43.9%
GB IT 1.7% 2% -2% -6.3% 37.4% -0.3%
GB Market 1.5% 4.4% 2.5% -3% 20.8% -3.8%
1 Year Return vs Industry and Market
  • IOM outperformed the IT industry which returned -6.3% over the past year.
  • IOM outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3% over the past year.
Price Volatility
IOM
Industry
5yr Volatility vs Market

IOM Value

 Is iomart Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of iomart Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for iomart Group.

AIM:IOM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:IOM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 8.8%
IT Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.764 (1 + (1- 19%) (10.59%))
0.829
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.829 * 8.77%)
8.5%

Discounted Cash Flow Calculation for AIM:IOM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for iomart Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:IOM DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (GBP, Millions) 15.50 22.40 25.54 29.12 33.20
Source Analyst x2 Analyst x2 Est @ 14.01% Est @ 14.01% Est @ 14.01%
Present Value
Discounted (@ 8.5%)
14.29 19.03 19.99 21.01 22.07
Present value of next 5 years cash flows £96.38
AIM:IOM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= £33.20 × (1 + 1.23%) ÷ (8.5% – 1.23%)
£461.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= £461.80 ÷ (1 + 8.5%)5
£307.07
AIM:IOM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= £96.38 + £307.07
£403.45
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £403.45 / 108.35
£3.72
AIM:IOM Discount to Share Price
Calculation Result
Value per share (GBP) From above. £3.72
Current discount Discount to share price of £3.71
= -1 x (£3.71 - £3.72) / £3.72
0.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price iomart Group is available for.
Intrinsic value
0%
Share price is £3.71 vs Future cash flow value of £3.72
Current Discount Checks
For iomart Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • iomart Group's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • iomart Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for iomart Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iomart Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:IOM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £0.11
AIM:IOM Share Price ** AIM (2019-02-15) in GBP £3.71
United Kingdom of Great Britain and Northern Ireland IT Industry PE Ratio Median Figure of 24 Publicly-Listed IT Companies 25.46x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 814 Publicly-Listed Companies 15.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of iomart Group.

AIM:IOM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:IOM Share Price ÷ EPS (both in GBP)

= 3.71 ÷ 0.11

34.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iomart Group is overvalued based on earnings compared to the GB IT industry average.
  • iomart Group is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does iomart Group's expected growth come at a high price?
Raw Data
AIM:IOM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 34.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
19.6%per year
United Kingdom of Great Britain and Northern Ireland IT Industry PEG Ratio Median Figure of 17 Publicly-Listed IT Companies 1.54x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 578 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

AIM:IOM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 34.1x ÷ 19.6%

1.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iomart Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on iomart Group's assets?
Raw Data
AIM:IOM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.92
AIM:IOM Share Price * AIM (2019-02-15) in GBP £3.71
United Kingdom of Great Britain and Northern Ireland IT Industry PB Ratio Median Figure of 43 Publicly-Listed IT Companies 3.25x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,362 Publicly-Listed Companies 1.51x
AIM:IOM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:IOM Share Price ÷ Book Value per Share (both in GBP)

= 3.71 ÷ 0.92

4.04x

* Primary Listing of iomart Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iomart Group is overvalued based on assets compared to the GB IT industry average.
X
Value checks
We assess iomart Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. iomart Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IOM Future Performance

 How is iomart Group expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iomart Group expected to grow at an attractive rate?
  • iomart Group's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • iomart Group's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • iomart Group's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:IOM Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:IOM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 19.6%
AIM:IOM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 7.9%
United Kingdom of Great Britain and Northern Ireland IT Industry Earnings Growth Rate Market Cap Weighted Average 16.5%
United Kingdom of Great Britain and Northern Ireland IT Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.3%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 3.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:IOM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:IOM Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31 124 45 19 2
2020-03-31 113 43 16 5
2019-03-31 105 37 13 5
AIM:IOM Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 102 33 12
2018-06-30 100 34 12
2018-03-31 98 36 12
2017-12-31 96 34 12
2017-09-30 94 33 13
2017-06-30 92 33 12
2017-03-31 90 34 12
2016-12-31 86 32 12
2016-09-30 82 30 12
2016-06-30 79 28 11
2016-03-31 76 27 11
2015-12-31 73 25 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • iomart Group's earnings are expected to grow by 19.6% yearly, however this is not considered high growth (20% yearly).
  • iomart Group's revenue is expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:IOM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from iomart Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:IOM Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31 0.17 0.17 0.17 1.00
2020-03-31 0.15 0.15 0.15 2.00
2019-03-31 0.12 0.12 0.12 2.00
AIM:IOM Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 0.11
2018-06-30 0.11
2018-03-31 0.11
2017-12-31 0.12
2017-09-30 0.12
2017-06-30 0.12
2017-03-31 0.11
2016-12-31 0.11
2016-09-30 0.11
2016-06-30 0.11
2016-03-31 0.10
2015-12-31 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if iomart Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess iomart Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
iomart Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IOM Past Performance

  How has iomart Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare iomart Group's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • iomart Group's year on year earnings growth rate has been positive over the past 5 years.
  • iomart Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • iomart Group's 1-year earnings growth is negative, it can't be compared to the GB IT industry average.
Earnings and Revenue History
iomart Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from iomart Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:IOM Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 101.59 11.75 46.65
2018-06-30 99.63 12.02 46.01
2018-03-31 97.67 12.29 45.38
2017-12-31 96.07 12.47 44.46
2017-09-30 94.48 12.67 43.00
2017-06-30 92.03 12.38 41.99
2017-03-31 89.57 12.08 40.97
2016-12-31 85.77 12.02 40.12
2016-09-30 81.97 11.95 39.28
2016-06-30 79.12 11.49 38.54
2016-03-31 76.28 11.02 37.80
2015-12-31 73.49 10.13 36.18
2015-09-30 70.70 9.24 34.56
2015-06-30 68.25 9.07 33.08
2015-03-31 65.80 8.90 31.60
2014-12-31 64.20 8.80 30.65
2014-09-30 62.59 8.71 29.70
2014-06-30 59.11 8.21 28.03
2014-03-31 55.62 7.72 26.35
2013-12-31 51.67 7.59 24.57
2013-09-30 47.71 7.46 22.78
2013-06-30 45.39 7.21 21.27
2013-03-31 43.06 6.95 19.77
2012-12-31 40.50 6.98 18.52
2012-09-30 37.94 7.02 17.28
2012-06-30 35.71 6.61 16.75
2012-03-31 33.48 6.20 16.22

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • iomart Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • iomart Group used its assets more efficiently than the GB IT industry average last year based on Return on Assets.
  • iomart Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess iomart Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
iomart Group has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IOM Health

 How is iomart Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up iomart Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iomart Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • iomart Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of iomart Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from iomart Group Company Filings, last reported 4 months ago.

AIM:IOM Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 99.35 42.58 9.42
2018-06-30 99.35 42.58 9.42
2018-03-31 98.47 36.07 9.50
2017-12-31 98.47 36.07 9.50
2017-09-30 93.83 31.62 7.13
2017-06-30 93.83 31.62 7.13
2017-03-31 93.52 19.50 8.91
2016-12-31 93.52 19.50 8.91
2016-09-30 85.83 32.78 10.60
2016-06-30 85.83 32.78 10.60
2016-03-31 82.27 35.92 10.34
2015-12-31 82.27 35.92 10.34
2015-09-30 75.43 31.11 7.94
2015-06-30 75.43 31.11 7.94
2015-03-31 72.68 23.74 8.35
2014-12-31 72.68 23.74 8.35
2014-09-30 67.91 27.69 8.83
2014-06-30 67.91 27.69 8.83
2014-03-31 64.89 32.84 13.03
2013-12-31 64.89 32.84 13.03
2013-09-30 59.67 34.87 11.38
2013-06-30 59.67 34.87 11.38
2013-03-31 52.22 11.82 11.39
2012-12-31 52.22 11.82 11.39
2012-09-30 47.67 10.93 8.31
2012-06-30 47.67 10.93 8.31
2012-03-31 45.06 6.46 8.94
  • iomart Group's level of debt (42.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (58.3% vs 42.9% today).
  • Debt is well covered by operating cash flow (77.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 15.2x coverage).
X
Financial health checks
We assess iomart Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. iomart Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IOM Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.66%
Current annual income from iomart Group dividends. Estimated to be 2.26% next year.
If you bought £2,000 of iomart Group shares you are expected to receive £53 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • iomart Group's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.98%).
  • iomart Group's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.25%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:IOM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland IT Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.5%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 710 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:IOM Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2023-03-31
2022-03-31
2021-03-31 0.10 2.00
2020-03-31 0.08 5.00
2019-03-31 0.08 5.00
AIM:IOM Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-07-19 0.099 2.609
2018-06-12 0.099 2.604
2017-12-05 0.045 1.180
2017-07-14 0.060 1.797
2017-06-13 0.060 1.884
2016-06-30 0.032 1.082
2016-06-07 0.032 1.207
2015-06-30 0.025 0.953
2015-06-09 0.025 1.034
2014-06-27 0.018 0.828
2014-05-28 0.018 0.781
2013-05-29 0.014 0.531
2012-05-29 0.009 0.478
2011-06-30 0.007 0.556
2011-06-01 0.007 0.693
2010-06-02 0.004 0.515
2009-06-03 0.003 0.673
2009-02-17 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of iomart Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess iomart Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can iomart Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iomart Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IOM Management

 What is the CEO of iomart Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Angus MacSween
COMPENSATION £439,417
AGE 61
TENURE AS CEO 19.1 years
CEO Bio

Mr. Angus MacSween has been the Chief Executive Officer at Iomart Group Plc of iomart hosting Limited since 2000. Mr. MacSween started his first business selling telephone systems in 1984. He then grew and sold five profitable businesses – including Prestel, an online information division of BT, which he turned into one of the UK’s first internet service providers. Since selling this first business, he has established, grown and sold 5 profitable businesses in the telephony and internet sector. Following the sale of Teledata, the UK’s leading telephone information services company to Scottish Power Telecommunications, Mr. MacSween spent two years as an Executive of Scottish Telecom where he was responsible for the development of its Internet division. In December 1998, Mr. MacSween founded Iomart, followed15 years spent creating and selling businesses in the telephony and internet sector. He has been a Director of Iomart Group plc since March 2000.

CEO Compensation
  • Angus's compensation has been consistent with company performance over the past year.
  • Angus's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the iomart Group management team in years:

1
Average Tenure
  • The average tenure for the iomart Group management team is less than 2 years, this suggests a new team.
Management Team

Angus MacSween

TITLE
CEO & Director
COMPENSATION
£439K
AGE
61
TENURE
19.1 yrs

Scott Cunningham

TITLE
Group Finance Director
AGE
47
TENURE
0.4 yrs

Bill Strain

TITLE
Chief Technology Officer

Stewart Moir

TITLE
Financial Controller

Andrew McDonald

TITLE
Company Secretary
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the iomart Group board of directors in years:

6.4
Average Tenure
61
Average Age
  • The tenure for the iomart Group board of directors is about average.
Board of Directors

Ian Steele

TITLE
Chairman of the Board
COMPENSATION
£45K
AGE
61
TENURE
0.5 yrs

Angus MacSween

TITLE
CEO & Director
COMPENSATION
£439K
AGE
61
TENURE
18.9 yrs

Ian Ritchie

TITLE
Director
COMPENSATION
£75K
AGE
67
TENURE
11.2 yrs

Richard Maurice Masters

TITLE
Non-Executive Director
COMPENSATION
£35K
AGE
53
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by iomart Group insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
10. Dec 18 Buy Scott Cunningham Individual 07. Dec 18 07. Dec 18 4,000 £3.29 £13,150
X
Management checks
We assess iomart Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. iomart Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IOM News

Simply Wall St News

These Factors Make iomart Group plc (LON:IOM) An Interesting Investment

Help shape the future of investing tools and you could win a $250 gift card! … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … that has been able to sustain great financial health over the past.

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Is iomart Group plc's (LON:IOM) CEO Being Overpaid?

Angus MacSween has been the CEO of iomart Group plc (LON:IOM) since 2000. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Angus MacSween's Compensation Compare With Similar Sized Companies?

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Here's What iomart Group plc's (LON:IOM) P/E Is Telling Us

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at iomart Group plc's (LON:IOM) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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How Good Is iomart Group plc (LON:IOM), When It Comes To ROE?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … Over the last twelve months iomart Group has recorded a ROE of 12%. … Return on Equity = Net Profit ÷ Shareholders' Equity

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iomart Group plc (LON:IOM): How Much Money Comes Back To Investors?

iomart Group plc (LON:IOM) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. … iomart Group generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating. … The two ways to assess whether iomart Group’s FCF is sufficient, is to compare the FCF yield to the market index yield, as well as determine whether the top-line operating cash flows will continue to grow

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A Look At The Fair Value Of iomart Group plc (LON:IOM)

How far off is iomart Group plc (LON:IOM) from its intrinsic value? … by taking the expected future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

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Does The Hype Around iomart Group plc's (LON:IOM) Growth Justify Its December Share Price?

Looking at iomart Group plc’s (LON:IOM) fundamentals some investors are wondering if its last closing price of £3.5 represents a good value for money for this high growth stock. … Check out our latest analysis for iomart Group? … iomart Group is poised for extremely high earnings growth in the near future

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What You Must Know About iomart Group plc's (LON:IOM) Financial Strength

iomart Group plc (LON:IOM) is a small-cap stock with a market capitalization of UK£387m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

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iomart Group plc (LON:IOM)'s Return on Capital

and want to begin learning the link between iomart Group plc (LON:IOM)’s return fundamentals and stock market performance. … Therefore, looking at how efficiently iomart Group is able to use capital to create earnings will help us understand your potential return. … Investors use many different metrics but the analysis below focuses on return on capital employed (ROCE).

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iomart Group plc (LON:IOM): What We Can Expect From This Growth Stock

In March 2018, iomart Group plc (LON:IOM) announced its earnings update. … it seems that analyst forecasts are fairly optimistic, … the past 5-year average growth rate of 13%

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IOM Company Info

Map
Description

iomart Group plc provides managed cloud services in the United Kingdom and internationally. It operates through two segments, Cloud Services and Easyspace. The company offers a range of domain names, shared, dedicated and virtual servers, and email services to micro and SME markets. It also provides managed cloud computing facilities and services through a network of owned datacenters to larger SME and corporate markets; and data storage, backup, and virtualization solutions. iomart Group Plc was founded in 1998 and is headquartered in Glasgow, the United Kingdom.

Details
Name: iomart Group plc
IOM
Exchange: AIM
Founded: 1998
£401,983,949
108,351,469
Website: http://www.iomart.com
Address: iomart Group plc
West of Scotland Science Park,
Kelvin Campus,
Glasgow,
G20 0SP,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM IOM Ordinary Shares London Stock Exchange AIM Market GB GBP 19. Apr 2000
OTCPK IMRT.F Ordinary Shares Pink Sheets LLC US USD 19. Apr 2000
DB LYU Ordinary Shares Deutsche Boerse AG DE EUR 19. Apr 2000
Number of employees
Current staff
Staff numbers
400
iomart Group employees.
Industry
Internet Services and Infrastructure
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/16 20:43
End of day share price update: 2019/02/15 00:00
Last estimates confirmation: 2019/01/02
Last earnings filing: 2018/12/04
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.