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IKE

ikeGPS Group NZSE:IKE Stock Report

Last Price

NZ$0.77

Market Cap

NZ$122.8m

7D

4.1%

1Y

-26.0%

Updated

27 May, 2022

Data

Company Financials
IKE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

IKE Stock 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.

ikeGPS Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for ikeGPS Group
Historical stock prices
Current Share PriceNZ$0.77
52 Week HighNZ$1.21
52 Week LowNZ$0.68
Beta0.45
1 Month Change-1.28%
3 Month Change6.94%
1 Year Change-25.96%
3 Year Change40.00%
5 Year Change97.44%
Change since IPO-22.22%

Recent News & Updates

May 03
Here's Why We're Not Too Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Situation

Here's Why We're Not Too Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Jan 14
We're Not Very Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Rate

We're Not Very Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Shareholder Returns

IKENZ ElectronicNZ Market
7D4.1%4.3%-0.3%
1Y-26.0%-19.5%-12.9%

Return vs Industry: IKE underperformed the NZ Electronic industry which returned -19.5% over the past year.

Return vs Market: IKE underperformed the NZ Market which returned -12.9% over the past year.

Price Volatility

Is IKE's price volatile compared to industry and market?
IKE volatility
IKE Average Weekly Movement7.9%
Electronic Industry Average Movement8.6%
Market Average Movement4.2%
10% most volatile stocks in NZ Market7.7%
10% least volatile stocks in NZ Market2.8%

Stable Share Price: IKE is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: IKE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of NZ stocks.

About the Company

FoundedEmployeesCEOWebsite
2003n/aGlenn Milneshttps://ikegps.com

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. The company operates through two segments, Utility & Communications and Other Business. It offers Spike, a laser measurement solution, and related software and accessories.

ikeGPS Group Fundamentals Summary

How do ikeGPS Group's earnings and revenue compare to its market cap?
IKE fundamental statistics
Market CapNZ$122.79m
Earnings (TTM)-NZ$11.14m
Revenue (TTM)NZ$10.63m

11.5x

P/S Ratio

-11.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IKE income statement (TTM)
RevenueNZ$10.63m
Cost of RevenueNZ$4.06m
Gross ProfitNZ$6.57m
Other ExpensesNZ$17.71m
Earnings-NZ$11.14m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

May 30, 2022

Earnings per share (EPS)-0.07
Gross Margin61.79%
Net Profit Margin-104.76%
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?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


3.08x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IKE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate IKE's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: IKE is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Oceanic Electronic industry average.

PE vs Market: IKE is unprofitable, so we can't compare its Price-To-Earnings 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's Price-To-Book Ratio (3.1x) is in line with the XO Electronic industry average.


Future Growth

How is ikeGPS Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


37.7%

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.


Past Performance

How has ikeGPS Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.4%

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 6.4% 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 (-5.5%).


Return on Equity

High ROE: IKE has a negative Return on Equity (-27.95%), as it is currently unprofitable.


Financial Health

How is ikeGPS Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: IKE's short term assets (NZ$33.3M) exceed its short term liabilities (NZ$9.8M).

Long Term Liabilities: IKE's short term assets (NZ$33.3M) exceed its long term liabilities (NZ$149.0K).


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 3 years based on its current free cash flow.

Forecast Cash Runway: IKE has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 21.4% each year


Dividend

What is ikeGPS Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as IKE has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.7yrs

Average management tenure


CEO

Glenn Milnes

no data

Tenure

NZ$988,205

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 ($USD638.95K) is above average for companies of similar size in the NZ market ($USD352.12K).

Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: IKE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: IKE's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 19.6%.


Top Shareholders

Company Information

ikeGPS Group Limited's 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
  • Implied Market Cap: NZ$122.787m
  • Shares outstanding: 159.46m
  • Website: https://ikegps.com

Number of Employees


Location

  • ikeGPS Group Limited
  • 350 Interlocken Boulevard
  • Suite 390
  • Broomfield
  • Colorado
  • 80021
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/27 00:00
End of Day Share Price2022/05/27 00:00
Earnings2021/09/30
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.