Information Services Group
Market Cap
US$100.9m
Last Updated
2020/06/06 03:37 UTC
Data Sources
Company Financials +
Executive Summary
Information Services Group, Inc. operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific.
Rewards
Risk Analysis
Snowflake Analysis
Good value with adequate balance sheet.
Similar Companies
Share Price & News
How has Information Services Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: III's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
23.3%
III
2.1%
US IT
3.8%
US Market
1 Year Return
-27.9%
III
15.7%
US IT
9.7%
US Market
Return vs Industry: III underperformed the US IT industry which returned 15.7% over the past year.
Return vs Market: III underperformed the US Market which returned 9.7% over the past year.
Shareholder returns
| III | Industry | Market | |
|---|---|---|---|
| 7 Day | 23.3% | 2.1% | 3.8% |
| 30 Day | -15.9% | 10.8% | 11.4% |
| 90 Day | -22.6% | 10.9% | 6.8% |
| 1 Year | -27.9%-27.9% | 16.8%15.7% | 12.1%9.7% |
| 3 Year | -47.7%-47.7% | 94.3%86.4% | 36.2%27.2% |
| 5 Year | -48.5%-48.5% | 130.4%109.9% | 63.7%45.4% |
Price Volatility Vs. Market
How volatile is Information Services Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Is Information Services Group's (NASDAQ:III) P/E Ratio After Its Share Price Tanked?1 week ago | Simply Wall St
Is Information Services Group, Inc.'s (NASDAQ:III) Recent Price Movement Underpinned By Its Weak Fundamentals?2 weeks ago | Simply Wall St
Time To Worry? Analysts Just Downgraded Their Information Services Group, Inc. (NASDAQ:III) OutlookValuation
Is Information Services Group undervalued compared to its fair value and its price relative to the market?
37.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: III ($2.12) is trading below our estimate of fair value ($3.37)
Significantly Below Fair Value: III is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: III is poor value based on its PE Ratio (34.8x) compared to the IT industry average (27.9x).
PE vs Market: III is poor value based on its PE Ratio (34.8x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: III is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: III is good value based on its PB Ratio (1.2x) compared to the US IT industry average (3.6x).
Next Steps
Future Growth
How is Information Services Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
58.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: III's forecast earnings growth (58.2% per year) is above the savings rate (2.2%).
Earnings vs Market: III's earnings (58.2% per year) are forecast to grow faster than the US market (22.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: III's revenue (6.4% per year) is forecast to grow slower than the US market (8.7% per year).
High Growth Revenue: III's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: III's Return on Equity is forecast to be low in 3 years time (3.7%).
Next Steps
Past Performance
How has Information Services Group performed over the past 5 years?
-4.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: III has high quality earnings.
Growing Profit Margin: III's current net profit margins (1.1%) are lower than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: III's earnings have declined by -4.9% per year over the past 5 years.
Accelerating Growth: III's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: III had negative earnings growth (-37.3%) over the past year, making it difficult to compare to the IT industry average (15.4%).
Return on Equity
High ROE: III's Return on Equity (3.3%) is considered low.
Next Steps
Financial Health
How is Information Services Group's financial position?
Financial Position Analysis
Short Term Liabilities: III's short term assets ($94.3M) exceed its short term liabilities ($31.2M).
Long Term Liabilities: III's short term assets ($94.3M) exceed its long term liabilities ($94.3M).
Debt to Equity History and Analysis
Debt Level: III's debt to equity ratio (96.1%) is considered high.
Reducing Debt: III's debt to equity ratio has reduced from 127.6% to 96.1% over the past 5 years.
Debt Coverage: III's debt is well covered by operating cash flow (28.7%).
Interest Coverage: III's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Information Services Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate III's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate III'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 III's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if III'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 III's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Mike Connors (64yo)
13.92yrs
Tenure
US$2,774,161
Compensation
Mr. Michael P. Connors, also known as Mike, serves as the Chief Executive Officer and Chairman at ISG Information Services Group Americas, Inc. Mr. Connors serves as the Chairman and Chief Executive Office ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD2.77M) is above average for companies of similar size in the US market ($USD571.43K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.92yrs | US$2.77m | 11.4% $11.5m | |
| Executive VP & CFO | 10.67yrs | US$1.08m | 1.19% $1.2m | |
| Vice Chairman & President of ISG Americas and Asia Pacific | no data | US$1.29m | 0.91% $917.8k | |
| VP of Law & Americas General Councel | no data | no data | no data | |
| Sales Director | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 3yrs | US$671.30k | 0.30% $304.7k | |
| Chief Data & Analytics Officer | no data | no data | no data | |
| Partner & President of ISG Research and Client Experience | no data | no data | no data | |
| President of ISG EMEA & Partner of Digital Advisory Services | 2.42yrs | no data | no data | |
| Partner and President of ISG South Europe | no data | no data | no data |
6.8yrs
Average Tenure
57yo
Average Age
Experienced Management: III's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.92yrs | US$2.77m | 11.4% $11.5m | |
| Independent Director | 9yrs | US$165.00k | 0.56% $568.8k | |
| Independent Director | 10.83yrs | US$165.00k | 0.60% $609.4k | |
| Independent Director | 12.42yrs | US$165.00k | 0.77% $781.6k | |
| Independent Director | 0.92yr | US$220.63k | 0.048% $48.2k | |
| Lead Independent Director | 6.25yrs | US$165.00k | 0.77% $781.6k | |
| Independent Director | 6.25yrs | US$165.00k | 0.34% $341.1k |
9.0yrs
Average Tenure
64yo
Average Age
Experienced Board: III's board of directors are considered experienced (9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: III insiders have bought more shares than they have sold 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
Information Services Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Information Services Group, Inc.
- Ticker: III
- Exchange: NasdaqGM
- Founded: 2006
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: US$100.939m
- Shares outstanding: 47.61m
- Website: https://www.isg-one.com
Number of Employees
Location
- Information Services Group, Inc.
- 2187 Atlantic Street
- Stamford
- Connecticut
- 6902
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| III | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Feb 2007 |
Biography
Information Services Group, Inc. operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific. The company offers digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk; network carrier; technology strategy and operations design; change management; and market intelligence and technology research and analysis services. It supports private and public sector organizations to transform and optimize their operational environments. The company also provides subscription research, and advisory and strategy consulting services for senior business and IT executives, technology and software vendors, and business/IT services providers; and consulting services, such as business advisory services, data and analytics, digital solutions, network advisory services, organizational change management, automation, human resources technology and delivery services, software advisory services, and sourcing solutions. In addition, it offers ISG GovernX third-party management services that assist clients with monitoring and managing their supplier relationships, as well as provides them with real-time market intelligence and insights; and a range of industry conferences. The company serves private sector clients operating in the financial services, telecommunications, healthcare and pharmaceuticals, manufacturing, transportation and travel, and energy and utilities industries; and public sector customers, including state and local governments, airport and transit authorities, and national and provincial government units. Information Services Group, Inc. has a strategic partnership with NICE to expand its automation ecosystem. The company was founded in 2006 and is headquartered in Stamford, Connecticut.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 03:37 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.