IQE plc develops, manufactures, and sells advanced semiconductor materials. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has IQE's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IQEP.F's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IQEP.F underperformed the US Semiconductor industry which returned 44.9% over the past year.
Return vs Market: IQEP.F underperformed the US Market which returned 15.8% over the past year.
Price Volatility Vs. Market
How volatile is IQE's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is IQE 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: IQEP.F ($0.68) is trading below our estimate of fair value ($0.82)
Significantly Below Fair Value: IQEP.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IQEP.F is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: IQEP.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IQEP.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IQEP.F is good value based on its PB Ratio (1.5x) compared to the US Semiconductor industry average (3.2x).
How is IQE forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IQEP.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: IQEP.F is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IQEP.F's is expected to become profitable in the next 3 years.
Revenue vs Market: IQEP.F's revenue (10.2% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: IQEP.F's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IQEP.F's Return on Equity is forecast to be low in 3 years time (5.5%).
How has IQE performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IQEP.F is currently unprofitable.
Growing Profit Margin: IQEP.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IQEP.F is unprofitable, and losses have increased over the past 5 years at a rate of 62.5% per year.
Accelerating Growth: Unable to compare IQEP.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IQEP.F is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (7.5%).
Return on Equity
High ROE: IQEP.F has a negative Return on Equity (-10.74%), as it is currently unprofitable.
How is IQE's financial position?
Financial Position Analysis
Short Term Liabilities: IQEP.F's short term assets (£92.3M) exceed its short term liabilities (£47.3M).
Long Term Liabilities: IQEP.F's short term assets (£92.3M) exceed its long term liabilities (£67.2M).
Debt to Equity History and Analysis
Debt Level: IQEP.F's debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: IQEP.F's debt to equity ratio has reduced from 24% to 9% over the past 5 years.
Debt Coverage: IQEP.F's debt is well covered by operating cash flow (75.3%).
Interest Coverage: Insufficient data to determine if IQEP.F's interest payments on its debt are well covered by EBIT.
What is IQE current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IQEP.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 IQEP.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 IQEP.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IQEP.F'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 IQEP.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
Drew Nelson (65 yo)
Dr. Andrew William Nelson, also known as Drew, OBE, BSc, PhD, FREng has been the Chief Executive Officer of IQE Public Limited Company since April 1999 and also serves as its President. Dr. Nelson joined B ...
CEO Compensation Analysis
Compensation vs Market: Drew's total compensation ($USD770.27K) is below average for companies of similar size in the US market ($USD2.02M).
Compensation vs Earnings: Drew's compensation has been consistent with company performance over the past year.
|CFO & Director||1.5yrs||UK£588.45k||no data|
|Consultant Advisor||1.17yrs||UK£382.65k||no data|
|EVP of Global Business Development||1.17yrs||no data||no data|
|Member of Executive Management Board||1.17yrs||no data||no data|
|COO, Executive VP of Global Operations & Member of Executive Management Board||1.17yrs||no data||no data|
|EVP of Global Business Dev||1.17yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|General Counsel & Company Secretary||no data||no data||no data|
|Head of Sales & Marketing for the Asia Pacific Region||9.08yrs||no data||no data|
Experienced Management: IQEP.F's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|CFO & Director||1.5yrs||UK£588.45k||no data|
|Independent Non-Executive Director||1.33yrs||UK£32.00k||no data|
|Independent Non-Executive Chairman||1.42yrs||UK£96.00k||no data|
|Senior Independent Non-Executive Director||no data||UK£50.00k||0.027% |
|Independent Non-Executive Director||2.83yrs||UK£50.00k||no data|
Experienced Board: IQEP.F's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
IQE plc's company bio, employee growth, exchange listings and data sources
- Name: IQE plc
- Ticker: IQEP.F
- Exchange: OTCPK
- Founded: 1988
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: UK£407.709m
- Listing Market Cap: UK£524.284m
- Shares outstanding: 796.31m
- Website: https://www.iqep.com
Number of Employees
- IQE plc
- Pascal Close
- St. Mellons
- South Glamorgan
- CF3 0LW
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IQEP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 2000|
|IQE||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||May 2000|
|IQX||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 2000|
IQE plc develops, manufactures, and sells advanced semiconductor materials. The company operates through Wireless, Photonics, and CMOS++ segments. It manufactures compound semiconductor wafers or epiwafers ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 00:47|
|End of Day Share Price||2020/09/15 00:00|