| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
IKE Overview
ikeGPS Group Limited, together with its subsidiaries, engages in the design, sale, and delivery of a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies in the United States.
Share Price & News
How has ikeGPS Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IKE is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IKE's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.8%
IKE
1.1%
NZ Electronic
-0.2%
NZ Market
1 Year Return
7.3%
IKE
62.4%
NZ Electronic
9.0%
NZ Market
Return vs Industry: IKE underperformed the NZ Electronic industry which returned 62.4% over the past year.
Return vs Market: IKE underperformed the NZ Market which returned 9% over the past year.
Shareholder returns
| IKE | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 1.1% | -0.2% |
| 30 Day | -1.9% | 0.6% | 3.1% |
| 90 Day | -7.2% | 13.7% | 3.7% |
| 1 Year | 7.3%7.3% | 64.6%62.4% | 11.8%9.0% |
| 3 Year | 101.0%98.1% | 249.3%226.8% | 36.4%20.8% |
| 5 Year | 74.2%71.7% | 202.8%182.0% | 74.5%35.3% |
Long-Term Price Volatility Vs. Market
How volatile is ikeGPS Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Here's What ikeGPS Group Limited's (NZSE:IKE) Shareholder Ownership Structure Looks Like4 months ago | Simply Wall St
ikeGPS Group (NZSE:IKE) Is In A Good Position To Deliver On Growth Plans5 months ago | Simply Wall St
Calculating The Intrinsic Value Of ikeGPS Group Limited (NZSE:IKE)ikeGPS Group Fundamentals Summary
| IKE fundamental statistics | |
|---|---|
| Market Cap | NZ$158.28m |
| Earnings (TTM) | -NZ$7.49m |
| Revenue (TTM) | NZ$9.32m |
17.5x
P/S Ratio-21.8x
P/E RatioIs IKE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IKE income statement (TTM) | |
|---|---|
| Revenue | NZ$9.32m |
| Cost of Revenue | NZ$3.40m |
| Gross Profit | NZ$5.92m |
| Expenses | NZ$13.41m |
| Earnings | -NZ$7.49m |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.062 |
| Gross Margin | 63.50% |
| Net Profit Margin | -80.35% |
| Debt/Equity Ratio | 0% |
How did IKE perform over the long term?
See historical performance and comparisonValuation
Is ikeGPS Group undervalued compared to its fair value and its price relative to the market?
7.51x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: IKE (NZ$1.03) is trading above our estimate of fair value (NZ$0.48)
Significantly Below Fair Value: IKE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IKE is unprofitable, so we can't compare its PE Ratio to the Oceanic Electronic industry average.
PE vs Market: IKE is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IKE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IKE is overvalued based on its PB Ratio (7.5x) compared to the XO Electronic industry average (5x).
Future Growth
How is ikeGPS Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
69.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IKE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: IKE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IKE's is expected to become profitable in the next 3 years.
Revenue vs Market: IKE's revenue (30.9% per year) is forecast to grow faster than the NZ market (4.9% per year).
High Growth Revenue: IKE's revenue (30.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IKE's Return on Equity is forecast to be high in 3 years time
Past Performance
How has ikeGPS Group performed over the past 5 years?
14.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IKE is currently unprofitable.
Growing Profit Margin: IKE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IKE is unprofitable, but has reduced losses over the past 5 years at a rate of 14.6% per year.
Accelerating Growth: Unable to compare IKE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IKE is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (142.2%).
Return on Equity
High ROE: IKE has a negative Return on Equity (-34.52%), as it is currently unprofitable.
Financial Health
How is ikeGPS Group's financial position?
Financial Position Analysis
Short Term Liabilities: IKE's short term assets (NZ$15.0M) exceed its short term liabilities (NZ$8.7M).
Long Term Liabilities: IKE's short term assets (NZ$15.0M) exceed its long term liabilities (NZ$350.0K).
Debt to Equity History and Analysis
Debt Level: IKE is debt free.
Reducing Debt: IKE has not had any debt for past 5 years.
Balance Sheet
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: IKE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IKE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is ikeGPS Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IKE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IKE'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 IKE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IKE'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 IKE's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average board tenure
CEO
Glenn Milnes
no data
Tenure
NZ$793,896
Compensation
Mr. Glenn Milnes, MBA (Dist.), BSc (Hons), B PhD, serves as the Chief Executive Officer and Managing Director of ikeGPS Group Limited. Mr. Milnes serves as an Investment Director at No 8 Ventures Managemen...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD564.17K) is above average for companies of similar size in the NZ market ($USD243.04K).
Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: IKE's board of directors are considered experienced (4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IKE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.6%.
Top Shareholders
Company Information
ikeGPS Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ikeGPS Group Limited
- Ticker: IKE
- Exchange: NZSE
- Founded: 2003
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: NZ$158.283m
- Shares outstanding: 158.28m
- Website: https://ikegps.com
Number of Employees
Location
- ikeGPS Group Limited
- 350 Interlocken Boulevard
- Suite 390
- Broomfield
- Colorado
- 80021
- United States
Listings
Biography
ikeGPS Group Limited, together with its subsidiaries, engages in the design, sale, and delivery of a solution for the collection, analysis, and management of distribution assets for electric utilities and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 07:02 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.