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IPH · ASX

IPH Ltd. (ASX:IPH)

AU$6.19

 0.12 (1.977%)
ASX:Live
06/09/2024 04:10:33 PM
HALO Value HALO Small HALO Ords HALO GARP HALO Capital Efficiency +5
Consensus Score
/10
Recommend
Target Price
Deviation
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IPH Overview

IPH Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Weak

GARP

Very Weak

MQV Small

Weak

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Neutral

Growth

Earnings

Weak

Dividends

Strong

Quality

Capital Efficiency

Very Weak

Balance Sheet

Strong

About IPH

Website

IPH Ltd.

Telephone

Address

Description

IPH Ltd. is a holding company, which engages in the provision of intellectual property (IP) services. It operates through the following segments: Intellectual Property Services Australia Services and New Zealand, Intellectual Property Services Asia, Intellectual Property Services Canada, Adjacent Businesses, and Corporate. The Intellectual Property Services Australia Services and New Zealand segment provides filing, prosecution, enforcement, and management of patents, designs, trademarks, and other IP in Australia and New Zealand. The Intellectual Property Services Asia segment includes filing, prosecution, enforcement and management of patents, designs, trademarks, and other IP in Asia. Intellectual Property Services Canada segment deals with the filing, prosecution, enforcement, and management of patents, designs, trademarks and other IP in Canada. The Adjacent Businesses segment relates to Wisetime the autonomous time-keeping tool and glasshouse advisory. The company was founded on April 9, 2014 and is headquartered in Sydney, Australia.

IPH Price Chart

Key Stats

Market Cap

AU$1.62B

PE

13.70

EV/EBITDA

9.9

Dividends Overview

DIV Yield

5.6%

Franking

30%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 5.8 - 7.86

Trade Value (12mth)

AU$1,264,531.00

1 week

-1.78%

1 month

3.76%

YTD

-5.16%

1 year

-22.18%

All time high

10.42

Key Fundamentals

EPS 3 yr Growth

1.10%

EBITDA Margin

31.90%

Operating Cashflow

$132m

Free Cash Flow Return

12.40%

ROIC

5.70%

Interest Coverage

5.50

Quick Ratio

2.80

Other Data

Shares on Issue (Fully Dilluted)

247m

HALO Sector

Next Company Report Date

20-Aug-25

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

1.56

IPH Announcements

Latest Announcements

Date Announcements

03 September 24

Notification of cessation of securities - IPH

×

Notification of cessation of securities - IPH

30 August 24

Security Purchase Plan

×

Security Purchase Plan

28 August 24

Cleansing Notice

×

Cleansing Notice

28 August 24

Change of Director's Interest Notice

×

Change of Director's Interest Notice

27 August 24

Application for quotation of securities - IPH

×

Application for quotation of securities - IPH

27 August 24

IPH

×

IPH

23 August 24

IPH Successfully Completes $100m Placement

×

IPH Successfully Completes $100m Placement

22 August 24

Appendix 4E and FY24 Annual Report

×

Appendix 4E and FY24 Annual Report

22 August 24

Dividend/Distribution - IPH

×

Dividend/Distribution - IPH

22 August 24

ASX Announcement FY24 Results

×

ASX Announcement FY24 Results

22 August 24

FY24 Results Investor Presentation

×

FY24 Results Investor Presentation

22 August 24

Appendix 4G and Corporate Governance Statement

×

Appendix 4G and Corporate Governance Statement

22 August 24

Trading Halt

×

Trading Halt

22 August 24

Bereskin & Parr to join Smart & Biggar and Equity Raising

×

Bereskin & Parr to join Smart & Biggar and Equity Raising

22 August 24

Bereskin & Parr and Equity Raise - Investor Presentation

×

Bereskin & Parr and Equity Raise - Investor Presentation

22 August 24

Proposed issue of securities - IPH

×

Proposed issue of securities - IPH

22 August 24

Proposed issue of securities - IPH

×

Proposed issue of securities - IPH

01 August 24

Advance Notice of 2024 Full Year Results Release

×

Advance Notice of 2024 Full Year Results Release

11 July 24

Notification of cessation of securities - IPH

×

Notification of cessation of securities - IPH

20 May 24

Change in substantial holding from PPT

×

Change in substantial holding from PPT

14 May 24

Becoming a substantial holder

×

Becoming a substantial holder

13 May 24

Changes relating to buy-back - Appendix 3D

×

Changes relating to buy-back - Appendix 3D

10 May 24

QANTM Update

×

QANTM Update

08 May 24

QIP: QANTM Receives Unsolicited NBIO From IPH

×

QIP: QANTM Receives Unsolicited NBIO From IPH

08 May 24

IPH Non-Binding Proposal to Acquire QANTM IP

×

IPH Non-Binding Proposal to Acquire QANTM IP

IPH Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.24 0.29 0.25 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.24 0.28 0.25 Lock Lock Lock
     Growth % Lock Lock Lock Lock -2.9 18.7 -12.3 Lock Lock Lock
     PE X Lock Lock Lock Lock 22.8 17.4 13.7 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 14.6 12.1 9.9 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.45 0.49 0.57 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.15 0.14 0.26 Lock Lock Lock
     Growth % Lock Lock Lock Lock 11.3 8.3 16.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 1.8 1.8 4.2 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.30 0.33 0.35 Lock Lock Lock
     Growth % Lock Lock Lock Lock 3.4 8.2 6.1 Lock Lock Lock
     Yield % Lock Lock Lock Lock 3.3 4.3 5.6 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 127 115 140 Lock Lock Lock
BPS $ Lock Lock Lock Lock 1.98 2.47 2.57 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock -0.08 -1.14 -1.36 Lock Lock Lock
     Growth % Lock Lock Lock Lock 56.8 -1,277.1 -19.5 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 219 227 244 Lock Lock Lock
Basic m Lock Lock Lock Lock 218 225 242 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 374 483 606 Lock Lock Lock
     Growth % Lock Lock Lock Lock 4.1 29.0 25.4 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 255 323 416 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 120 163 193 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2.7 36.6 18.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 31.9 33.8 31.9 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 40 53 65 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 80 110 128 Lock Lock Lock
     Growth % Lock Lock Lock Lock 1.4 37.3 16.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 21.4 22.7 21.1 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 72 87 82 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 19 23 21 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 53 64 61 Lock Lock Lock
     Growth % Lock Lock Lock Lock -1.9 22.7 -5.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 14.0 13.4 10.0 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 95 92 132 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 7 7 11 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -12 -282 -141 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -69 200 -11 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 90 88 123 Lock Lock Lock
     Growth % Lock Lock Lock Lock -0.8 -2.7 40.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.2 0.2 0.2 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 3 1 2 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 88 103 76 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 688 1,185 1,313 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 150 432 482 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 73 338 416 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 259 608 679 Lock Lock Lock
Equity $m Lock Lock Lock Lock 430 577 634 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 579 1,009 1,116 Lock Lock Lock
     Growth % Lock Lock Lock Lock 0.5 74.1 10.7 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 7.6 5.4 4.6 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 12.2 11.2 9.6 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 13.6 13.6 11.9 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 9.1 8.1 5.7 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 16.4 11.6 12.4 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 25.4 8.1 5.5 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 0.6 2.1 2.2 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 16.9 58.6 65.6 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 2.8 3.2 2.8 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 2.8 3.2 2.8 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 44.9 37.2 27.4 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 135.3 105.6 133.0 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 3.9 3.6 3.4 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 2.9 2.5 3.4 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 4.8 3.3 3.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.5 0.4 0.5 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.5 0.4 0.5 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 19.2 18.1 13.5 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 10.4 7.4 6.2 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 26.7 26.2 25.8 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 7.6 5.4 4.6 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.6 2.1 2.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 12.2 11.2 9.6 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -26.6 -15.4 -39.6 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -3.3 -1.7 -3.8 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 94.2 102.1 107.5 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 94.2 102.1 107.5 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 94.2 102.1 107.5 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

5.6%

Franking Level

30%

DPSg

6.10%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

1.56%

Value ($M)

26

Prior Change

-0.10%

7 Day Change

-0.70%

1 Month Change

-0.30%

3 Month Change

-1.00%

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IPH Shortsell

Frequently Asked Questions

The current share price of IPH Ltd. (IPH:ASX) is AU$6.19.
The 52-week high share price for IPH Ltd. (IPH:ASX) is AU$7.86.
The 52-week low share price for IPH Ltd. (IPH:ASX)? is AU$5.80.
The current TTM dividend payout for IPH Ltd. (IPH:ASX) is 5.60.
The last dividend payment of IPH Ltd. (IPH:ASX) is AU$0.19.
IPH Ltd. (IPH:ASX) has a franking level of 30.0%.
IPH Ltd. (IPH:ASX) is classified in the Industrials.
The current P/E ratio for IPH Ltd. (IPH:ASX) is 13.70.