Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €2.98, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Trade Distributors industry in Europe. Total returns to shareholders of 77% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.24 per share. Buy Or Sell Opportunity • Jul 01
Now 22% undervalued Over the last 90 days, the stock has risen 19% to €3.28. The fair value is estimated to be €4.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 27% in 2 years. Earnings are forecast to grow by 32% in the next 2 years. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Andrew Moffat was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Andrew Moffat was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Feb 25
Ipd Group Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended December 31, 2025, Payable on April 10, 2026 IPD Group Limited announced ordinary fully franked dividend of AUD 0.06800000 for the six months ended December 31, 2025. Record date is March 27, 2026. Ex-date is March 26, 2026. The dividend will be payable on April 10, 2026. Tillkännagivande • Jan 21
IPD Group Limited to Report First Half, 2026 Results on Feb 23, 2026 IPD Group Limited announced that they will report first half, 2026 results on Feb 23, 2026 Tillkännagivande • Dec 30
IPD Group Limited (ASX:IPG) entered into a binding agreement to acquire Platinum Cables Pty Limited for AUD 45 million. IPD Group Limited (ASX:IPG) entered into a binding agreement to acquire Platinum Cables Pty Limited for AUD 45 million on December 30, 2025. Total consideration includes an upfront payment of AUD 37.5 million, consisting of AUD 37 million cash and AUD 0.5 million issued in shares and Contingent cash payment up to a maximum of AUD 7.5 million. Acquisition to be primarily cash and debt funded via new debt facilities, resulting in very limited shareholder dilution and the transaction funding via an expanded core debt facility with a AUD 56.1 million limit. In addition, a new working capital facility with a AUD 10 million limit has been secured. Following the acquisition, Platinum’s current management team will remain and operate the business as a stand-alone entity under earn-out arrangements. The acquisition delivers immediate earnings accretion for shareholders of IPD Group Limited.
For the period ending June 30, 2025, Platinum Cables Pty Limited reported total revenue of AUD 44.8 million, EBIT of AUD 7.2 million and EBITDA of AUD 8.2 million.
The expected completion of the transaction is December 31, 2025. Tillkännagivande • Oct 24
IPD Group Limited, Annual General Meeting, Nov 25, 2025 IPD Group Limited, Annual General Meeting, Nov 25, 2025. Location: level 37, 180 george street, sydney nsw 2000 Australia Tillkännagivande • Aug 25
IPD Group Limited Declares Final Dividend for the Six Months Ended 30 June 2025, Payable on 08 October 2025 IPD Group Limited declared a final dividend of 6.2 cents per share fully franked for the six months ended 30 June 2025 with an ex-dividend date of 23 September 2025, record date of 24 September 2025 and payable on 08 October 2025. Tillkännagivande • Jul 23
IPD Group Limited to Report Fiscal Year 2025 Results on Aug 25, 2025 IPD Group Limited announced that they will report fiscal year 2025 results on Aug 25, 2025 Tillkännagivande • Feb 25
Ipd Group Limited Announces Ordinary Dividend for the Financial Reporting or Payment Period Ending Ended/Ending (Date) December 31, 2024, Payable on April 10, 2025 IPD Group Limited announced ordinary dividend of AUD 0.06400000 per share for the financial reporting or payment period ending ended/ending (date) December 31, 2024. Record Date March 28, 2025, Ex Date March 27, 2025 and Payment Date April 10, 2025. Tillkännagivande • Feb 13
IPD Group Limited to Report First Half, 2025 Results on Feb 24, 2025 IPD Group Limited announced that they will report first half, 2025 results on Feb 24, 2025 Tillkännagivande • Nov 27
IPD Group Limited Provides Earnings Guidance for the Half-Year Ending 31 December 2024 IPD Group Limited provided earnings guidance for the half-year ending 31 December 2024. For the period, the company expects EBIT of $19.2 million - $19.8 million. The Company also notes that Revenue for 1H25 is forecast to exceed the pcp (Pro Forma). Tillkännagivande • Oct 28
IPD Group Limited, Annual General Meeting, Nov 26, 2024 IPD Group Limited, Annual General Meeting, Nov 26, 2024. Location: suite 4201, level 42, 264-278 george street, sydney nsw 2000, sydney Australia Recent Insider Transactions • Oct 17
Independent Non-Executive Director recently sold €424k worth of stock On the 14th of October, Andrew Moffat sold around 142k shares on-market at roughly €2.97 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €3.1m. Insiders have been net sellers, collectively disposing of €4.5m more than they bought in the last 12 months. Recent Insider Transactions • Sep 12
Board Member recently sold €3.1m worth of stock On the 5th of September, Mohamed Yoosuff sold around 1m shares on-market at roughly €3.09 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.0m more than they bought in the last 12 months. Reported Earnings • Sep 03
Full year 2024 earnings released: EPS: AU$0.23 (vs AU$0.19 in FY 2023) Full year 2024 results: EPS: AU$0.23 (up from AU$0.19 in FY 2023). Revenue: AU$290.4m (up 28% from FY 2023). Net income: AU$22.4m (up 39% from FY 2023). Profit margin: 7.7% (up from 7.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Europe. Tillkännagivande • Aug 14
IPD Group Limited to Report Fiscal Year 2024 Results on Aug 30, 2024 IPD Group Limited announced that they will report fiscal year 2024 results on Aug 30, 2024 Board Change • Jun 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Andrew Moffat was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Feb 01
IPD Group Limited (ASX:IPG) completed the acquisition of CMI Operations Pty Ltd. from Excelsior Capital Limited (ASX:ECL). IPD Group Limited (ASX:IPG) entered into a conditional agreement to acquire CMI Operations Pty Ltd. from Excelsior Capital Limited (ASX:ECL) for approximately AUD 100 million on November 28, 2023. Under the terms, consideration comprises an upfront payment of AUD 92.1 million, subject to customary working capital and net debt adjustment, and a maximum contingent payment of AUD 8.9 million depending on CMI’s FY24 results. IPD will fund the acquisition through a combination of a fully underwritten equity raising of AUD 65 million consisting of an institutional placement to raise approximately AUD 40 million along with an accelerated pro rata non-renounceable entitlement offer of new fully paid ordinary to raise approximately AUD 25.0 million and new debt facilities of AUD 40 million. CMI reported net sales of AUD 104.3 million, EBITDA of AUD 17.1 million and EBIT of AUD 15.5 million for the financial year 2023. IPD Group has the right to receive and pay a break fee of AUD 1 million. The acquisition is subject to approval by shareholders of Excelsior. The Board of ECL unanimously recommends that ECL shareholders vote in favor of the transaction. Completion of the acquisition is anticipated to occur by February 2024. ECL intends to use the net proceeds delivered by the transaction to further develop and grow its primary investment portfolio business. The acquisition delivers pro forma FY23A EPS accretion of over 30% for IPD Group. RSM Australia acted as an independent expert, Houlihan Lokey acted as financial advisor and Nicholson Ryan Lawyers acted as legal advisor for ECL. Gordon McCann, Seema Sandhu,Sarah Roettgers,Sarah Gilkes,Charmian Holmes and Veno Panicker of Hamilton Locke acted as legal advisor and Due-diligence provider to IPD Group Limited.
IPD Group Limited (ASX:IPG) completed the acquisition of CMI Operations Pty Ltd. from Excelsior Capital Limited (ASX:ECL) on January 31, 2024. Tillkännagivande • Nov 30
IPD Group Limited (ASX:IPG) entered into a conditional agreement to acquire CMI Operations Pty Ltd. from Excelsior Capital Limited (ASX:ECL) for approximately AUD 100 million. IPD Group Limited (ASX:IPG) entered into a conditional agreement to acquire CMI Operations Pty Ltd. from Excelsior Capital Limited (ASX:ECL) for approximately AUD 100 million on November 28, 2023. Under the terms, consideration comprises an upfront payment of AUD 92.1 million, subject to customary working capital and net debt adjustment, and a maximum contingent payment of AUD 8.9 million depending on CMI’s FY24 results. IPD will fund the acquisition through a combination of a fully underwritten equity raising of AUD 65 million and new debt facilities of AUD 40 million. CMI reported net sales of AUD 104.3 million, EBITDA of AUD 17.1 million and EBIT of AUD 15.5 million for the financial year 2023. IPD Group has the right to receive and pay a break fee of AUD 1 million. The acquisition is subject to approval by shareholders of Excelsior. The Board of ECL unanimously recommends that ECL shareholders vote in favor of the transaction. Completion of the acquisition is anticipated to occur by February 2024. ECL intends to use the net proceeds delivered by the transaction to further develop and grow its primary investment portfolio business. The acquisition delivers pro forma FY23A EPS accretion of over 30% for IPD Group. RSM Australia acted as an independent expert, Houlihan Lokey acted as financial advisor and Nicholson Ryan Lawyers acted as legal advisor for ECL. 
