IKE

ikeGPS GroupNZSE:IKE Stock Report

Market Cap

NZ$158.3m

7D

-2.8%

1Y

7.3%

Updated

16 Sep, 2021

Data

Company Financials +
IKE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

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

IKEIndustryMarket
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 Year7.3%7.3%64.6%62.4%11.8%9.0%
3 Year101.0%98.1%249.3%226.8%36.4%20.8%
5 Year74.2%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

ikeGPS Group Fundamentals Summary

How do ikeGPS Group's earnings and revenue compare to its market cap?
IKE fundamental statistics
Market CapNZ$158.28m
Earnings (TTM)-NZ$7.49m
Revenue (TTM)NZ$9.32m

17.5x

P/S Ratio

-21.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IKE income statement (TTM)
RevenueNZ$9.32m
Cost of RevenueNZ$3.40m
Gross ProfitNZ$5.92m
ExpensesNZ$13.41m
Earnings-NZ$7.49m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.062
Gross Margin63.50%
Net Profit Margin-80.35%
Debt/Equity Ratio0%

How did IKE perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 07:02
End of Day Share Price2021/09/16 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.