Market Cap
US$12.2b
Last Updated
2021/05/13 04:16 UTC
Data Sources
Company Financials +
Executive Summary
Invesco Ltd. is a publicly owned investment manager. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Invesco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IVZ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: IVZ's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-6.7%
IVZ
-1.8%
US Capital Markets
-2.8%
US Market
1 Year Return
277.3%
IVZ
67.9%
US Capital Markets
49.4%
US Market
Return vs Industry: IVZ exceeded the US Capital Markets industry which returned 67.9% over the past year.
Return vs Market: IVZ exceeded the US Market which returned 49.4% over the past year.
Shareholder returns
| IVZ | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.7% | -1.8% | -2.8% |
| 30 Day | 1.8% | 1.6% | -2.3% |
| 90 Day | 16.3% | 8.9% | -1.3% |
| 1 Year | 291.5%277.3% | 71.6%67.9% | 51.8%49.4% |
| 3 Year | 8.8%-8.0% | 54.4%43.4% | 57.5%47.6% |
| 5 Year | 16.5%-8.4% | 161.2%129.6% | 121.7%97.1% |
Long-Term Price Volatility Vs. Market
How volatile is Invesco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Don't Ignore The Fact That This Insider Just Sold Some Shares In Invesco Ltd. (NYSE:IVZ)6 days ago | Simply Wall St
Shareholders Will Probably Not Have Any Issues With Invesco Ltd.'s (NYSE:IVZ) CEO Compensation1 week ago | Simply Wall St
Just Four Days Till Invesco Ltd. (NYSE:IVZ) Will Be Trading Ex-DividendValuation
Is Invesco undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IVZ ($26.37) is trading below our estimate of fair value ($60.66)
Significantly Below Fair Value: IVZ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IVZ is poor value based on its PE Ratio (17.1x) compared to the US Capital Markets industry average (17x).
PE vs Market: IVZ is good value based on its PE Ratio (17.1x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: IVZ is poor value based on its PEG Ratio (6.1x)
Price to Book Ratio
PB vs Industry: IVZ is good value based on its PB Ratio (1.2x) compared to the US Capital Markets industry average (68.1x).
Future Growth
How is Invesco forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
2.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IVZ's forecast earnings growth (2.8% per year) is above the savings rate (2%).
Earnings vs Market: IVZ's earnings (2.8% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: IVZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: IVZ's revenue (2% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: IVZ's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IVZ's Return on Equity is forecast to be low in 3 years time (9.5%).
Past Performance
How has Invesco performed over the past 5 years?
-12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IVZ has high quality earnings.
Growing Profit Margin: IVZ's current net profit margins (11.5%) are higher than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: IVZ's earnings have declined by 12.2% per year over the past 5 years.
Accelerating Growth: IVZ's earnings growth over the past year (51.8%) exceeds its 5-year average (-12.2% per year).
Earnings vs Industry: IVZ earnings growth over the past year (51.8%) exceeded the Capital Markets industry 33%.
Return on Equity
High ROE: IVZ's Return on Equity (6.9%) is considered low.
Financial Health
How is Invesco's financial position?
Financial Position Analysis
Short Term Liabilities: IVZ's short term assets ($16.7B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: IVZ's short term assets ($16.7B) do not cover its long term liabilities ($17.0B).
Debt to Equity History and Analysis
Debt Level: IVZ's debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: IVZ's debt to equity ratio has reduced from 24.8% to 11.5% over the past 5 years.
Debt Coverage: IVZ's debt is well covered by operating cash flow (72.6%).
Interest Coverage: IVZ earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Invesco current dividend yield, its reliability and sustainability?
2.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IVZ's dividend (2.35%) is higher than the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: IVZ's dividend (2.35%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: IVZ's dividends per share have been stable in the past 10 years.
Growing Dividend: IVZ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.2%), IVZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IVZ's dividends in 3 years are forecast to be well covered by earnings (26.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Marty Flanagan (60 yo)
15.75yrs
Tenure
US$11,747,102
Compensation
Mr. Martin L. Flanagan, CFA, CPA, also known as Marty, is the President, Chief Executive Officer and Director of Invesco Ltd. since August 1, 2005. Previously, Mr. Flanagan served as the Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Marty's total compensation ($USD11.75M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Marty's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IVZ's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: IVZ'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: IVZ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Invesco Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Invesco Ltd.
- Ticker: IVZ
- Exchange: NYSE
- Founded: 1935
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$12.168b
- Shares outstanding: 461.45m
- Website: https://www.invesco.com
Number of Employees
Location
- Invesco Ltd.
- Two Peachtree Pointe
- 1555 Peachtree Street, NE, Suite 1800
- Atlanta
- Georgia
- 30309
- United States
Listings
Biography
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 04:16 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.