ISE:IR5B

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Irish Continental Group

Executive Summary

Irish Continental Group plc operates as a shipping, transport, and leisure company.

Rewards


Snowflake Analysis

Share Price & News

How has Irish Continental Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IR5B's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.3%

IR5B

0%

IE Shipping

0%

IE Market


1 Year Return

-20.6%

IR5B

0%

IE Shipping

0%

IE Market

Return vs Industry: IR5B underperformed the Irish Shipping industry which returned 17.4% over the past year.

Return vs Market: IR5B underperformed the Irish Market which returned 2.7% over the past year.


Shareholder returns

IR5BIndustryMarket
7 Day4.3%0%0%
30 Day4.0%0%0%
90 Day-4.0%0%0%
1 Year-19.8%-20.6%0%0%0%0%
3 Year-27.2%-31.3%0%0%0%0%
5 Year-1.0%-10.6%0%0%0%0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Irish Continental Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IR5B (€3.62) is trading below our estimate of fair value (€16.82)

Significantly Below Fair Value: IR5B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IR5B is good value based on its PE Ratio (11.4x) compared to the Shipping industry average (15.7x).

PE vs Market: IR5B is good value based on its PE Ratio (11.4x) compared to the Irish market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: IR5B is poor value based on its PEG Ratio (3.1x)


Price to Book Ratio

PB vs Industry: IR5B is overvalued based on its PB Ratio (2.4x) compared to the XE Shipping industry average (0.7x).

Future Growth

How is Irish Continental Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

3.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IR5B's forecast earnings growth (3.6% per year) is above the savings rate (0.7%).

Earnings vs Market: IR5B's earnings (3.6% per year) are forecast to grow slower than the Irish market (15.2% per year).

High Growth Earnings: IR5B's earnings are forecast to grow, but not significantly.

Revenue vs Market: IR5B's revenue (3.4% per year) is forecast to grow slower than the Irish market (6% per year).

High Growth Revenue: IR5B's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IR5B's Return on Equity is forecast to be high in 3 years time (21.9%)

Past Performance

How has Irish Continental Group performed over the past 5 years?

0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IR5B has a large one-off gain of €14.9M impacting its December 31 2019 financial results.

Growing Profit Margin: IR5B's current net profit margins (16.8%) are lower than last year (17.5%).


Past Earnings Growth Analysis

Earnings Trend: IR5B's earnings have grown by 0.4% per year over the past 5 years.

Accelerating Growth: IR5B's earnings growth over the past year (4.2%) exceeds its 5-year average (0.4% per year).

Earnings vs Industry: IR5B earnings growth over the past year (4.2%) exceeded the Shipping industry -5.1%.


Return on Equity

High ROE: IR5B's Return on Equity (20.9%) is considered high.

Financial Health

How is Irish Continental Group's financial position?


Financial Position Analysis

Short Term Liabilities: IR5B's short term assets (€206.4M) exceed its short term liabilities (€70.9M).

Long Term Liabilities: IR5B's short term assets (€206.4M) do not cover its long term liabilities (€233.0M).


Debt to Equity History and Analysis

Debt Level: IR5B's debt to equity ratio (70.8%) is considered high.

Reducing Debt: IR5B's debt to equity ratio has reduced from 129.9% to 70.8% over the past 5 years.

Debt Coverage: IR5B's debt is well covered by operating cash flow (41.6%).

Interest Coverage: IR5B's interest payments on its debt are well covered by EBIT (14.7x coverage).


Balance Sheet

Dividend

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

3.99%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IR5B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IR5B'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 IR5B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IR5B'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 IR5B's dividend in 3 years as they are not forecast to pay a notable one for the Irish market.

Management

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

8.4yrs

Average management tenure


CEO

Eamonn Rothwell (63yo)

28.42yrs

Tenure

€3,057,000

Compensation

Mr. Eamonn Rothwell, B.Comm, M.B.S., F.C.C.A., F.I.I.M.R., CFA UK has been the Managing Director of Irish Continental Group PLC since January 1992 and its Chief Executive Officer since 1992. Mr. Rothwell w ...


CEO Compensation Analysis

Compensation vs Market: Eamonn's total compensation ($USD3.43M) is above average for companies of similar size in the Irish market ($USD1.16M).

Compensation vs Earnings: Eamonn's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eamonn Rothwell
MD, CEO & Executive Director28.42yrs€3.06mno data
David Ledwidge
Group CFO & Executive Director4.25yrs€743.00kno data
Andrew Sheen
Managing Director of Ferries Division5.25yrsno datano data
Declan Freeman
Managing Director of Container & Terminal Division8.42yrsno datano data
Thomas Corcoran
Group Financial Controller & Company Secretary19.08yrsno datano data

8.4yrs

Average Tenure

47yo

Average Age

Experienced Management: IR5B's management team is seasoned and experienced (8.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eamonn Rothwell
MD, CEO & Executive Director28.42yrs€3.06mno data
David Ledwidge
Group CFO & Executive Director4.25yrs€743.00kno data
John McGuckian
Independent Chairman of the Board16.17yrs€125.00kno data
Brian O'Kelly
Senior Independent Director7.17yrs€50.00kno data
John Sheehan
Independent Non-Executive Director6.67yrs€50.00kno data
Catherine Duffy
Independent Non-Executive Director8.25yrs€50.00kno data

7.7yrs

Average Tenure

56.5yo

Average Age

Experienced Board: IR5B's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: IR5B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Irish Continental Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Irish Continental Group plc
  • Ticker: IR5B
  • Exchange: ISE
  • Founded: 1972
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: €687.067m
  • Shares outstanding: 189.80m
  • Website: https://www.icg.ie

Number of Employees


Location

  • Irish Continental Group plc
  • Ferryport
  • Alexandra Road
  • Dublin
  • Co. Dublin
  • 1
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ICGCLSE (London Stock Exchange)ICG UnitsGBEURJul 2003
IR5BISE (Irish Stock Exchange)ICG UnitsIEEURJul 2003
IRCU.FOTCPK (Pink Sheets LLC)ICG UnitsUSUSDJul 2003
IR5BIBATS-CHIXE (BATS 'Chi-X Europe')ICG UnitsGBEURJul 2003
IR5BBST (Boerse-Stuttgart)ICG UnitsDEEURJul 2003
ICGCLSE (London Stock Exchange)ICG UnitsGBEURJul 2003
A112M8BST (Boerse-Stuttgart)ICG UnitsDEEURJul 2003
IR5BIBATS-CHIXE (BATS 'Chi-X Europe')ICG UnitsGBEURJul 2003
ICGCLBATS-CHIXE (BATS 'Chi-X Europe')ICG UnitsGBEURJul 2003

Biography

Irish Continental Group plc operates as a shipping, transport, and leisure company. It operates in two segments, Ferries, and Container and Terminal. The Ferries segment engages in the provision of passenger and roll on roll off freight shipping, and container lift on lift off freight services on routes between Ireland, the United Kingdom, and Continental Europe. The Container and Terminal segment provides door-to-door and feeder lift on lift off freight services, stevedoring, and other related terminal services in the ports of Dublin and Belfast. The company also provides ship chartering, shipping and forwarding agency, ship leasing, and administration services. Irish Continental Group plc was founded in 1972 and is based in Dublin, Ireland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 21:30
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.