Issuer Direct Corporation provides shareholder communications and compliance platforms, technologies, and services in North America and Europe.
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Issuer Direct's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ISDR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ISDR underperformed the US Software industry which returned 27.3% over the past year.
Return vs Market: ISDR underperformed the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Issuer Direct's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs There Now An Opportunity In Issuer Direct Corporation (NYSEMKT:ISDR)?
1 month ago | Simply Wall StIs Issuer Direct Corporation's (NYSEMKT:ISDR) ROE Of 2.6% Concerning?
1 month ago | Simply Wall StShould You Be Tempted To Sell Issuer Direct Corporation (NYSEMKT:ISDR) Because Of Its P/E Ratio?
Is Issuer Direct undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ISDR ($12.02) is trading above our estimate of fair value ($7.5)
Significantly Below Fair Value: ISDR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ISDR is poor value based on its PE Ratio (68.5x) compared to the Software industry average (45.3x).
PE vs Market: ISDR is poor value based on its PE Ratio (68.5x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: ISDR is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: ISDR is good value based on its PB Ratio (1.7x) compared to the US Software industry average (5.5x).
How is Issuer Direct forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISDR's forecast earnings growth (38.4% per year) is above the savings rate (1.7%).
Earnings vs Market: ISDR's earnings (38.4% per year) are forecast to grow faster than the US market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ISDR's revenue (6.8% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: ISDR's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ISDR's Return on Equity is forecast to be high in 3 years time
How has Issuer Direct performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISDR has high quality earnings.
Growing Profit Margin: ISDR's current net profit margins (4.3%) are lower than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: ISDR's earnings have grown significantly by 25.3% per year over the past 5 years.
Accelerating Growth: ISDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ISDR had negative earnings growth (-55%) over the past year, making it difficult to compare to the Software industry average (19%).
Return on Equity
High ROE: ISDR's Return on Equity (2.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Issuer Direct's financial position?
Financial Position Analysis
Short Term Liabilities: ISDR's short term assets ($18.2M) exceed its short term liabilities ($3.0M).
Long Term Liabilities: ISDR's short term assets ($18.2M) exceed its long term liabilities ($712.0K).
Debt to Equity History and Analysis
Debt Level: ISDR's debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: ISDR's debt to equity ratio has reduced from 28.1% to 2.3% over the past 5 years.
Debt Coverage: ISDR's debt is well covered by operating cash flow (435%).
Interest Coverage: ISDR earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: ISDR has a low level of unsold assets or inventory.
Debt Coverage by Assets: ISDR's debt is covered by short term assets (assets are 29.6x debt).
What is Issuer Direct's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ISDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ISDR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ISDR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ISDR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ISDR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ISDR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Balbirnie (48yo)
Mr. Brian R. Balbirnie co-founded Issuer Direct Corporation in 2006. Mr. Balbirnie serves as the Chief Executive Officer and President at Issuer Direct Corporation. He Founded a Compliance and Consulting p ...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD218.00K) is below average for companies of similar size in the US market ($USD529.87K).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||4.8yrs||US$176.55k||0.26% $114.6k|
|Executive Vice President of Sales||1.3yrs||no data||no data|
|Vice President of of Marketing||0.08yrs||no data||no data|
|Director of Human Resources||1yrs||no data||no data|
Experienced Management: ISDR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Chairman of the Board||2.4yrs||US$149.44k||0.77% $335.1k|
|Independent Director||2.4yrs||US$131.44k||0.053% $22.9k|
|Independent Director||5.9yrs||US$131.44k||0.74% $321.0k|
|Independent Director||2.4yrs||US$131.44k||0.053% $22.9k|
Experienced Board: ISDR's board of directors are not considered experienced ( 2.4 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.8%.
Issuer Direct Corporation's company bio, employee growth, exchange listings and data sources
- Name: Issuer Direct Corporation
- Ticker: ISDR
- Exchange: AMEX
- Founded: 1988
- Industry: Application Software
- Sector: Software
- Market Cap: US$43.544m
- Shares outstanding: 3.79m
- Website: https://www.issuerdirect.com
Number of Employees
- Issuer Direct Corporation
- 1 Glenwood Avenue
- Suite 1001
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ISDR||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||May 1992|
Issuer Direct Corporation provides shareholder communications and compliance platforms, technologies, and services in North America and Europe. The company provides Platform id, a cloud-based subscription platform that manages the events of customers to distribute their messages to constituents, investors, markets, and regulatory systems; whistleblower module, which delivers secure notifications and basic incident workflow management processes that align with a company’s corporate governance whistleblower policy; and proxy module, a real-time voting platform for customers and their shareholders of record. It also offers Regulation Fair Disclosure, news dissemination and media outreach service; and VisualWebcaster Platform, a cloud-based earnings Webcast, Webinar, and training platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events. In addition, the company provides SEC documents conversion and editing; XBRL tagging; stock certificates fulfillment and delivery; telecommunications; printing; press release distribution; and investor outreach and engagement services, as well as proxy materials or annual reports. It operates under Direct Transfer, PrecisionIR (PIR), Blueprint, Classify, Investor Network, iProxy Direct, iR Direct, QX Interactive, Interwest, ACCESSWIRE, and FSCwire brands name. The company serves corporate issuers, private companies, banks, brokerage firms, investment banks, and mutual funds; and professional firms, such as investor relations and public relations firms, as well as the accounting and legal communities. Issuer Direct Corporation was founded in 1988 and is headquartered in Raleigh, North Carolina.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 01:47|
|End of Day Share Price||2020/02/27 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.