ikeGPS Group Limited, together with its subsidiaries, designs, markets, and sells integrated GPS data capture devices and related software primarily in the United States. More Details
Flawless balance sheet with weak fundamentals.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IKE exceeded the NZ Electronic industry which returned 40.7% over the past year.
Return vs Market: IKE exceeded the NZ Market which returned 6.3% over the past year.
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
2 months ago | Simply Wall StAlex Knowles Is The Director of ikeGPS Group Limited (NZSE:IKE) And They Just Picked Up 14% More Shares
3 months ago | Simply Wall StHave Insiders Been Buying ikeGPS Group Limited (NZSE:IKE) Shares This Year?
4 months ago | Simply Wall StWhat Percentage Of ikeGPS Group Limited (NZSE:IKE) Shares Do Insiders Own?
Is ikeGPS Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IKE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IKE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IKE is unprofitable, so we can't compare its PE Ratio to the XO 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 (10.7x) compared to the XO Electronic industry average (3.9x).
How is ikeGPS Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 ikeGPS Group 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.
- Examine ikeGPS Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- ikeGPS Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has ikeGPS Group performed over the past 5 years?
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 11.1% 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 (-1.8%).
Return on Equity
High ROE: IKE has a negative Return on Equity (-52.42%), as it is currently unprofitable.
How is ikeGPS Group's financial position?
Financial Position Analysis
Short Term Liabilities: IKE's short term assets (NZ$7.5M) exceed its short term liabilities (NZ$4.5M).
Long Term Liabilities: IKE's short term assets (NZ$7.5M) exceed its long term liabilities (NZ$1.0M).
Debt to Equity History and Analysis
Debt Level: IKE is debt free.
Reducing Debt: IKE has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IKE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IKE has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 11.2% each year.
What is ikeGPS Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IKE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IKE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IKE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IKE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IKE's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Glenn Milnes, MBA (Dist.), BSc (Hons), B PhD, serves as the Chief Executive Officer and Managing Director of ikeGPS Group Limited. Mr. Milnes serves as an Investment Director at No 8 Ventures Managemen ...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD525.97K) is above average for companies of similar size in the NZ market ($USD366.48K).
Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.
|CEO, MD & Executive Director||no data||NZ$793.90k||0.66% |
|Independent Director||6.25yrs||NZ$67.79k||0.29% |
|Independent Non-Executive Director||0.75yr||NZ$12.50k||0.12% |
|Independent Non-Executive Director||1.75yrs||NZ$87.51k||0.11% |
|Independent Chairman||5.42yrs||NZ$92.79k||0.14% |
|Director||no data||NZ$52.79k||7.47% |
Experienced Board: IKE's board of directors are considered experienced (3.6 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.8%.
ikeGPS Group Limited's company bio, employee growth, exchange listings and data sources
- Name: ikeGPS Group Limited
- Ticker: IKE
- Exchange: NZSE
- Founded: 2003
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: NZ$149.876m
- Shares outstanding: 131.47m
- Website: https://www.ikegps.com
Number of Employees
- ikeGPS Group Limited
- 350 Interlocken Boulevard
- Suite 390
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IKE||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Jul 2014|
|IKE||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 2014|
|IKE||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 2014|
ikeGPS Group Limited, together with its subsidiaries, designs, markets, and sells integrated GPS data capture devices and related software primarily in the United States. The company operates through Utili ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/31 10:36|
|End of Day Share Price||2020/10/30 00:00|
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.