Intertrust N.V. provides corporate, fund, capital market, and private wealth services in Western Europe, the Americas, and internationally.
Good value with moderate growth potential.
Share Price & News
How has Intertrust's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITRU.F has not had significant price volatility in the past 3 months.
7 Day Return
US Professional Services
1 Year Return
US Professional Services
Return vs Industry: Insufficient data to determine how ITRU.F performed against the US Professional Services industry.
Return vs Market: Insufficient data to determine how ITRU.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Intertrust's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Intertrust undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITRU.F ($15.3) is trading below our estimate of fair value ($28.9)
Significantly Below Fair Value: ITRU.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ITRU.F is poor value based on its PE Ratio (20.5x) compared to the US Professional Services industry average (18.3x).
PE vs Market: ITRU.F is poor value based on its PE Ratio (20.5x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: ITRU.F is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: ITRU.F is good value based on its PB Ratio (1.8x) compared to the US Professional Services industry average (2.8x).
How is Intertrust forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITRU.F's forecast earnings growth (34.8% per year) is above the savings rate (2.2%).
Earnings vs Market: ITRU.F's earnings (34.8% per year) are forecast to grow faster than the US market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ITRU.F's revenue (3% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: ITRU.F's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITRU.F's Return on Equity is forecast to be low in 3 years time (16.2%).
How has Intertrust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITRU.F has high quality earnings.
Growing Profit Margin: ITRU.F's current net profit margins (11.9%) are lower than last year (17.8%).
Past Earnings Growth Analysis
Earnings Trend: ITRU.F's earnings have grown significantly by 34.8% per year over the past 5 years.
Accelerating Growth: ITRU.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ITRU.F had negative earnings growth (-25%) over the past year, making it difficult to compare to the Professional Services industry average (9.5%).
Return on Equity
High ROE: ITRU.F's Return on Equity (8.7%) is considered low.
How is Intertrust's financial position?
Financial Position Analysis
Short Term Liabilities: ITRU.F's short term assets (€342.8M) exceed its short term liabilities (€338.6M).
Long Term Liabilities: ITRU.F's short term assets (€342.8M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: ITRU.F's debt to equity ratio (133.5%) is considered high.
Reducing Debt: ITRU.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ITRU.F's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: ITRU.F's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is Intertrust current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ITRU.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ITRU.F'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 ITRU.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ITRU.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ITRU.F is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ITRU.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephanie Miller (52yo)
Ms. Stephanie D. Miller has been Chief Executive Officer at Intertrust N.V. since January 22, 2018 and has been its Member of the Management Board since February 7, 2018. Ms. Miller serves as a Senior Vice ...
CEO Compensation Analysis
Compensation vs Market: Stephanie's total compensation ($USD2.00M) is below average for companies of similar size in the US market ($USD4.76M).
Compensation vs Earnings: Stephanie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Member of the Management Board||2.5yrs||€1.77m||0.17% €2.6m|
|CFO & Member of Management Board||0.83yr||€392.09k||0.042% €651.6k|
|Chief Operating Officer||2.08yrs||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Chief Human Resources Officer||2.08yrs||no data||no data|
|Global Head of Capital Markets||3.08yrs||no data||no data|
|Global Head of Corporate Client Services||no data||no data||no data|
|Global Head of Fund Services||no data||no data||no data|
|Global Head of Private Wealth||no data||no data||no data|
|Managing Director of Rest of the World||2.5yrs||no data||no data|
Experienced Management: ITRU.F's management team is considered experienced (2.3 years average tenure).
|Independent Vice-Chairperson of Supervisory Board||no data||no data||no data|
|Independent Member of Supervisory Board||4.92yrs||no data||no data|
|Independent Member of Supervisory Board||2.75yrs||no data||no data|
|Member of Supervisory Board||2.75yrs||no data||no data|
|Independent Chairperson of Supervisory Board||5.5yrs||no data||no data|
|Independent Member of Supervisory Board||3.17yrs||no data||no data|
Experienced Board: ITRU.F's board of directors are considered experienced (3.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Intertrust N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Intertrust N.V.
- Ticker: ITRU.F
- Exchange: OTCPK
- Founded: 1952
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: €1.372b
- Listing Market Cap: €1.551b
- Shares outstanding: 90.06m
- Website: https://www.intertrustgroup.com
Number of Employees
- Intertrust N.V.
- Prins Bernhardplein 200
- PO Box 990
- 1000 AZ
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|INTER||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Oct 2015|
|4IT||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2015|
|INTERA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Oct 2015|
|0RCL||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Oct 2015|
|ITRU.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2015|
Intertrust N.V. provides corporate, fund, capital market, and private wealth services in Western Europe, the Americas, and internationally. The company offers formation and implementation; domiciliation, management, and trustee; legal and tax compliance; regulatory and compliance; accounting and reporting services; and liquidation services. It also provides corporate secretarial, escrow, performance and reward management, process agent, and treasury management services. In addition, the company offers depositary, ManCo, outsourced fiduciary, and fund administration services. Further, it provides agency, corporate administration, investor reporting, listing, portfolio administration, and process agency services; and business succession, family governance, philanthropy and charitable trust, real estate, and treasury and investment services. It serves multinational corporations, financial institutions, real estate and private equity funds, ultra-high net worth individuals, and family offices. The company was founded in 1952 and is headquartered in Amsterdam, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/11 00:53|
|End of Day Share Price||2020/05/04 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.