scroll

Ive Group (IGL)

ASX.IGL $2.27

20 MINUTE DELAYED

14 DAYS FREE ACCESS

Join Market Matters and get full access
to all our Opinion + Action

LEARN MORE

ASX.IGL $2.27

20 MINUTE DELAYED

TODAY

0 %

1 YEAR RETURN

0.00%

VOLUME

DIV YIELD

6.83%

PE RATIO

13.53

52 WEEK RANGE

1.38

2.32

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	2.27
Change	0.00 (0.00)
Bid / Ask	2.27 - 2.27
Volume	0
Volume (3mths avg)	0
Turnover	0
Open	0.00
Day Range	2.24 - 2.30
VWAP	0.00
Prev Close	2.27
Last Trade	16/08 7:02am (AEST)

KEY INFORMATION
Sector	Services
Shares Issued	103,577,730
NTA/Share	0.00
Last Dividend	0.09
Dividend Ex Date	15 MAR 2022
Dividend Pay Date	14 APR 2022

CURRENT ()
Revenue	656.46
EBITDA	100.20
Profit	30.20
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00
Yield %	6.83
Market Cap	0.00
Price to Earnings Ratio (P/E)	13.53

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	679.31
EBITDA	70.97
Profit	20.51
Earnings Per Share (EPS)	0.14
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation (BUY)

2.00

OPINION

10/08/2022 16:53

Ive Group (IGL) $2.27

IGL +4.13%: Today announced they are the preferred party to negotiate and acquire their major competitor (Ovato) that recently went into administration. The move has the potential to add over $200m in annualised revenues, a significant asset base and deliver material synergies (if successfully delivered and ACCC approved). This event has been a long time coming as OVT has had material difficulties, of which COVID has exacerbated. We would expect any transaction when all said and done to be highly accretive to IGL, albeit with plenty of water to flow under the bridge and more information to come.

21/07/2022 17:30

Ive Group (IGL) $2.10

IGL +13.51%: The integrated marketing business stormed higher today after their largest competitor appointed administrators. Ovato (OVT) has been under pressure for a while now and ongoing supply chain issues, volatile trading conditions and a high-cost base finally took their toll. OVT is predominantly a catalogues business generating ~$500m+ in annual revenues, and their demise, while tough for OVT...

22/06/2022 17:09

IVE Group (IGL) $1.705

IGL +6.9%: the integrated marketing business was out with a positive trading update and solid guidance today just a week out from the end of the financial year. A strong 1st half carried over into the back end of the year, and while trading conditions have become tougher, IVE Group appears to have executed well despite broader market issues. Revenue is expected around $750m, and EBITDA ~$98m for the full year, in line with...

11/05/2022 14:00

Income Portfolio – Amendments

We are selling Ive Group (IGL) and buying a fixed rate government bond with ~3 years to maturity on a yield of ~3%. This is a low risk, defensive position that can be bought on the ASX.

27/04/2022 10:06

Emerging Companies Portfolio – Amendments

We are selling IVE Group (IGL) in the Emerging Companies Portfolio at around breakeven to partially fund additional positions.

27/04/2022 09:24

Emerging Companies Portfolio

A soft week for the portfolio falling -7.88% while cash sits at just over 9%. It came against a backdrop of weaker markets however a downgrade from EML Payments (EML) yesterday was the main drag for the week – we talked about the downgrade here. Bapcor (BAP) was the only position to contribute positively to performance.

02/03/2022 09:32

Emerging Companies Portfolio

The portfolio was up +7.40% in the week with cash sitting at a little over 1%. Strong performances from a number of names including Tyro (TYR) & Calix (CXL) both up 17%, and Paladin (PDN) +31%. Ive Group (IGL) tracked higher throughout the 5 sessions on a strong result and while we remain bullish and will continue to hold the stock in the Income Portfolio, we are likely to use this as a funding...

02/03/2022 09:28

Active Income Portfolio

The Income Portfolio was up +0.49% over the course of the week while the month of February saw the portfolio increase by +3.91%, a strong effort through reporting season highlighting the flow of money into the ‘value’ type stocks this portfolio typically targets. Three very strong reactions to solid results came from Service Stream (SSM), Ive Group (IGL) & Smart Group (SIQ), all up between....

24/02/2022 17:40

IVE Group (IGL) $2.00

IGL +4.17%: one of few winners today was integrated media business IVE Group. The first half looked a big beat to consensus. EBITDA was up 25% on last year with margins increasing well above expectations. They’ve done well to manage cash flow despite the various supply chain pressures being put on the business, and leverage continues to fall, now just 0.7x EBITDA. For those that...

09/02/2022 09:55

Emerging Companies Portfolio

The portfolio was down -0.18% in the week with cash sitting at a little over 1% as small caps continued to underperform large caps over the course of the week. Performance of the portfolio was weighed on by 10% falls from Adore Beauty (ABY), Dubber (DUB) & Zip Co (Z1P) while Coronado Resources (CRN) and integrated marketing business Ive Group (IGL)...

ACTION

IGL

UPDATED 10/08/2022 16:50

MM continues to like IGL

Add To Hit List

IGL

UPDATED 21/07/2022 17:35

MM likes IGL

Add To Hit List

Read the opinion

IGL

UPDATED 22/06/2022 17:16

MM is again interested in IGL as an income investment

Add To Hit List

Read the opinion

IGL

UPDATED 11/05/2022 13:35

MM are selling IGL in the Income Portfolio, taking a profit around $1.80

Add To Hit List

IGL

UPDATED 28/04/2022 20:41

MM are selling IGL in the Emerging Companies Portfolio around $2.00

Add To Hit List

Read the opinion

IGL

UPDATED 25/02/2022 07:35

MM remains long and bullish IGL in both the Income & Emerging Companies Portfolio’s

Add To Hit List

Read the opinion

IGL

UPDATED 29/11/2021 17:11

MM remains long & bullish IGL

Add To Hit List

Read the opinion

IGL

UPDATED 26/08/2021 07:51

MM remains bullish IGL

Add To Hit List

Read the opinion

IGL

UPDATED 07/07/2021 17:08

MM remains bullish IGL

Add To Hit List

Read the opinion

IGL

UPDATED 26/05/2021 16:48

MM is bullish IGL

Add To Hit List

Read the opinion

Business Summary

IVE Group Australia (IGL) creates, designs, produces, and manages tailored communications solutions. The Company offers commercial printing services for marketing communications, brochures, flyers, booklets, large format banners, and retail and point-of-sale solutions. IVE Group provides point-of-sale and product display systems, signage, posters, and banners.

WATCH

Video Update: Discussing 3 of our dud stocks & 3 of our winners Recorded 10th November

10/11/2021 14:54

Relevant suggested news and content from the site

Only available to Members

Take a free 14 day Market Matters trial – full access to all our reports, portfolios, positions, buy and sell recommendations. Access the latest views on the latest developments from professional money managers. It's free and no payment details are required

For membership options and pricing. Click here

Ive Group (IGL)

ASX.IGL $2.27

14 DAYS FREE ACCESS

ASX.IGL $2.27

PERFORMANCE

BROKER CALLS

BROKER CONSENSUS RECOMMENDATION

OPINION

ACTION

Business Summary

Video

Relevant suggested news and content from the site

Video

Podcast

Video

Podcast

Podcast

Podcast

Only available to Members

Really bullish, there's more to go in the reflation rally

Please enter your login details

To reset your password, enter your email address

Enter and confirm your new password

Congratulations your password has been reset

Sorry, but your key is expired.

Sorry, but your key is invalid.

Something go wrong.

Only available to Market Matters members

Smart Phone App