BUSE:4IG

Stock Analysis Report

Executive Summary

4iG Nyrt. Operates in the information technology (IT) sector in Hungary.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.

Share Price & News

How has 4iG Nyrt's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.6%

4IG

-3.1%

HU IT

0.7%

HU Market


1 Year Return

327.3%

4IG

-3.3%

HU IT

10.4%

HU Market

Return vs Industry: 4IG exceeded the Hungarian IT industry which returned -3.3% over the past year.

Return vs Market: 4IG exceeded the Hungarian Market which returned 10.4% over the past year.


Shareholder returns

4IGIndustryMarket
7 Day-3.6%-3.1%0.7%
30 Day-15.2%-3.9%-0.04%
90 Day-20.1%-8.1%-1.5%
1 Year327.3%327.3%-0.4%-3.3%13.5%10.4%
3 Year1464.2%1464.2%54.9%42.9%50.9%38.5%
5 Year1926.9%1926.9%150.1%123.2%159.6%127.1%

Price Volatility Vs. Market

How volatile is 4iG Nyrt's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 4iG Nyrt undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 4IG (HUF829) is trading below our estimate of fair value (HUF2183.62)

Significantly Undervalued: 4IG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4IG is poor value based on its PE Ratio (81.9x) compared to the IT industry average (19.2x).

PE vs Market: 4IG is poor value based on its PE Ratio (81.9x) compared to the Hungarian market (14.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 4IG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4IG is overvalued based on its PB Ratio (23.5x) compared to the XE IT industry average (2.6x).


Next Steps

Future Growth

How is 4iG Nyrt forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.0%

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 4iG Nyrt 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 4iG Nyrt performed over the past 5 years?

-13.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 4IG's earnings have declined by -13.8% per year over the past 5 years.

Accelerating Growth: 4IG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 4IG has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (13.2%).


Return on Equity

High ROE: 4IG's Return on Equity (28.6%) is considered high.


Return on Assets

ROA vs Industry: 4IG's Return on Assets is below or equal to the IT industry average last year.


Return on Capital Employed

ROCE Improving: 4IG has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is 4iG Nyrt's financial position?


Financial Position Analysis

Short Term Liabilities: 4IG's short term assets (HUF16.1B) exceeds its short term liabilities (HUF14.5B)

Long Term Liabilities: 4IG's short term assets (16.1B) exceeds its long term liabilities (366.9M)


Debt to Equity History and Analysis

Debt Level: 4IG's debt to equity ratio (46.3%) is considered high

Reducing Debt: 4IG's debt to equity ratio has increased from 23.9% to 46.3% over the past 5 years.

Debt Coverage: 4IG's debt is well covered by operating cash flow (246.7%).

Interest Coverage: 4IG's interest payments on its debt are well covered by EBIT (90.4x coverage).


Balance Sheet

Inventory Level: 4IG has a low level of unsold assets or inventory.

Debt Coverage by Assets: 4IG's debt is covered by short term assets (assets are 10.703630x debt).


Next Steps

Dividend

What is 4iG Nyrt's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.2%markettop25%5.6%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 4IG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 4IG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 4IG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4IG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 4IG is not paying a notable dividend for the Hungarian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4IG's dividend in 3 years as they are not forecast to pay a notable one for the Hungarian market.


Next Steps

Management

What is the CEO of 4iG Nyrt's salary, the management and board of directors tenure and is there insider trading?


CEO

Gellért Jászai 0

0yrs

Tenure

0

Gellért Jászai is Chairman of the Board of Directors, Chief Executive Officer and Member of the Executive Board at 4iG Nyrt. 


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Péter Farkas

    Deputy CTO & Member of the Executive Board

    • Tenure: 0yrs
  • Gábor Radó

    Deputy Chief Sales Officer & Member of the Executive Board

    • Tenure: 0yrs
  • Gellért Jászai

    Chairman of the Board of Directors

    • Tenure: 0yrs
  • Csaba Thurzó

    Deputy CFO & Member of the Executive Board

    • Tenure: 0yrs

Board Members

  • Béla Tóth

    Director

    • Tenure: 0yrs
  • Ódor Zsuzsanna

    Member of the Supervisory Board

    • Tenure: 0yrs
  • János Tima

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Gellért Jászai

    Chairman of the Board of Directors

    • Tenure: 0yrs
  • Ádám Aladin

    Member of the Board of Directors

    • Tenure: 0yrs
  • Béla Zibriczki

    Member of the Board of Directors

    • Tenure: 0yrs
  • Simon Zoltán

    Member of the Supervisory Board

    • Tenure: 0yrs

Company Information

4iG Nyrt.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 4iG Nyrt.
  • Ticker: 4IG
  • Exchange: BUSE
  • Founded: 1990
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: Ft76.061b
  • Shares outstanding: 91.75m
  • Website: https://www.4ig.hu

Number of Employees


Location

  • 4iG Nyrt.
  • Montevideo Street 8
  • Budapest
  • 1037
  • Hungary

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4IGBUSE (Budapest Stock Exchange)HUF20HUHUFNo data
4IGBUSE (Budapest Stock Exchange)YesSeries A SharesHUHUFSep 2004

Biography

4iG Nyrt. Operates in the information technology (IT) sector in Hungary. The company offers digitalization solutions for various industries, including utility, energy, financial, and public administration, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 20:32
End of Day Share Price2019/10/18 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.