Financials IP Group Plc

Equities

Market Closed - London S.E. Other stock markets 11:35:21 2024-04-26 EDT			5-day change	1st Jan Change
48.85 ^GBX	+3.39%		+5.28%	-15.92%

04-23	Alphawave confident in long term growth potential as revenue rises	AN
04-16	Alphawave shares plunge as set to miss annual sales guidance	AN

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	752	1,051	1,288	577	602.3	503.9	-
Enterprise Value (EV) ¹	665.6	880.6	1,037	432.8	510.6	430.9	408.9
P/E ratio	-9.97 x	5.7 x	2.97 x	-	-3.51 x	3.93 x	3.39 x
Yield	-	1.01%	0.97%	2.26%	2.19%	2.05%	4.09%
Capitalization / Revenue	-20.9 x	4.49 x	2.53 x	-1.91 x	-3.9 x	3 x	2.62 x
EV / Revenue	-18.5 x	3.76 x	2.04 x	-1.43 x	-3.3 x	2.56 x	2.13 x
EV / EBITDA	-8.89 x	4.66 x	2.27 x	-1.26 x	-2.84 x	3.29 x	2.69 x
EV / FCF	-37 x	-32 x	106 x	-18.2 x	-28.5 x	-16.6 x	-11.7 x
FCF Yield	-2.7%	-3.12%	0.94%	-5.5%	-3.51%	-6.03%	-8.56%
Price to Book	-	0.79 x	0.74 x	0.42 x	0.51 x	0.39 x	0.35 x
Nbr of stocks (in thousands)	1,059,145	1,062,354	1,040,754	1,035,013	1,036,694	1,031,564	-
Reference price ²	0.7100	0.9890	1.238	0.5575	0.5810	0.4885	0.4885
Announcement Date	20-03-11	21-03-10	22-03-16	23-03-08	24-03-13	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	-36	234.2	508.9	-302	-154.6	168	192
EBITDA ¹	-74.9	189	457.6	-343.7	-180	131	152
EBIT ¹	-76.4	187.6	456	-344.3	-180.5	130	151
Operating Margin	212.22%	80.1%	89.61%	114.01%	116.75%	77.38%	78.65%
Earnings before Tax (EBT) ¹	-	-	-	-	-176.3	129	149
Net income ¹	-	-	-	-	-171.3	129	149
Net margin	-	-	-	-	110.8%	76.79%	77.6%
EPS ²	-0.0712	0.1736	0.4168	-	-0.1653	0.1244	0.1440
Free Cash Flow ¹	-18	-27.5	9.8	-23.8	-17.9	-26	-35
FCF margin	50%	-11.74%	1.93%	7.88%	11.58%	-15.48%	-18.23%
FCF Conversion (EBITDA)	-	-	2.14%	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	-	0.0100	0.0120	0.0126	0.0127	0.0100	0.0200
Announcement Date	20-03-11	21-03-10	22-03-16	23-03-08	24-03-13	-	-

¹GBP in Million²GBP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	-	-	-	-
Net Cash position ¹	86.4	170	251	144	91.7	73	95
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow ¹	-18	-27.5	9.8	-23.8	-17.9	-26	-35
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share ²	-	1.250	1.670	1.330	1.150	1.270	1.400
Cash Flow per Share ²	-0.0200	-0.0300	0.0100	-0.0200	-0.0200	-0	0.0400
Capex ¹	0.7	-	0.2	0.3	-	1	1
Capex / Sales	-1.94%	-	0.04%	-0.1%	-	0.6%	0.52%
Announcement Date	20-03-11	21-03-10	22-03-16	23-03-08	24-03-13	-	-

¹GBP in Million²GBP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

B+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.4885 GBP

Average target price

1.28 GBP

Spread / Average Target

+162.03%

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