IPD GROUP LIMITED (IPG)
Share Price Analysis and Chart

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IPG

IPG - IPD GROUP LIMITED

FNArena Sector : Industrial Sector Contractors & Engineers
Year End: June
GICS Industry Group : Capital Goods
Debt/EBITDA: 1.12
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.88

12 May
2025

-0.010

OPEN

$3.95

-0.26%

HIGH

$3.95

56,949

LOW

$3.85

TARGET
$5.05 30.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
3DA . ALQ . AVD . BOL . BSA . CG1 . CLG . CVL . CWY . CXL . DOW . DUR . EGL . EGN . EVS . FLC . LBL . MAD . PPK . RWL . SDV . SHA . SND . SSM . SYL . VEE . VNT .
FNARENA'S MARKET CONSENSUS FORECASTS
IPG: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 23.3 26.7 xxx
DPS (cps) xxx 10.8 13.3 xxx
EPS Growth xxx 25.6% 14.4% xxx
DPS Growth xxx 16.6% 22.7% xxx
PE Ratio xxx N/A 14.4 xxx
Dividend Yield xxx N/A 3.4% xxx
Div Pay Ratio(%) xxx 46.4% 49.7% xxx

Dividend yield today if purchased 3 years ago: 6.75%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.81

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/03 - ex-div 4.6c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 20202021202220232024
EPS Basic xxxxxxxxxxxx23.3
DPS All xxxxxxxxxxxx10.8
Sales/Revenue xxxxxxxxxxxx290.4 M
Book Value Per Share xxxxxxxxxxxx145.8
Net Operating Cash Flow xxxxxxxxxxxx23.4 M
Net Profit Margin xxxxxxxxxxxx7.70 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20202021202220232024
Return on Capital Employed xxxxxxxxxxxx20.00 %
Return on Invested Capital xxxxxxxxxxxx16.25 %
Return on Assets xxxxxxxxxxxx10.85 %
Return on Equity xxxxxxxxxxxx20.00 %
Return on Total Capital xxxxxxxxxxxx24.27 %
Free Cash Flow ex dividends xxxxxxxxxxxx12.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20202021202220232024
Short-Term Debt xxxxxxxxxxxx4 M
Long Term Debt xxxxxxxxxxxx41 M
Total Debt xxxxxxxxxxxx45 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx22 M
Price To Book Value xxxxxxxxxxxx3.22

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20202021202220232024
Capex xxxxxxxxxxxx1.7 M
Capex % of Sales xxxxxxxxxxxx0.59 %
Cost of Goods Sold xxxxxxxxxxxx239 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx18 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Shaw and Partners

25/02/2025

1

Buy, High Risk

$5.50

41.75%

IPD Group delivered a strong 1H FY25 result, believes Shaw and Partners, with EBITDA and EBIT exceeding the top end of guidance and beating the broke's estimates by 3% and 4%, respectively.

Cash conversion reached 108%, and the interim dividend increased by 39% year-on-year. The broker highlights the company's exposure to high-growth sectors, including data centres and electrification/power management, continues to drive performance.

Margins expanded by 54 basis points ahead of Shaw’s forecast, leading to between 4-5% upgrades in earnings per share projections for FY25-FY27.

Stronger operating cash flows also contributed to a higher discounted cash flow valuation, notes the broker. The target price is raised to $5.50 from $5.10.

The Buy, High Risk rating is maintained.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 13.50 cents and EPS of 27.10 cents.
Shaw and Partners forecasts a full year FY26 dividend of 14.90 cents and EPS of 29.80 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Taylor Collison

04/12/2024

1

Speculative Buy

$5.15

32.73%

Taylor Collison observes 1H25 earnings guidance from IPD Group came in below consensus by -10% due to challenging market conditions and a slowdown in day-to-day markets.

The analyst highlights a deterioration in gross margins as the likely culprit for the downgrade, as the company shifts revenue towards projects from day-to-day activities. The order book has been extended to a three-month run rate from two months.

Following modest growth in FY24, the broker understands why the market reacted poorly to the downgrade but remains optimistic about the company's prospects due to a growing order book.

Taylor Collison lowers EPS forecasts by -8% and -12% for FY25 and FY26, respectively, and considers the shares cheap at current levels.

Buy rating retained with a $5.15 target price.

FORECAST
Taylor Collison forecasts a full year FY25 dividend of 6.00 cents and EPS of 27.50 cents.
Taylor Collison forecasts a full year FY26 dividend of 6.30 cents and EPS of 29.80 cents.
Access Extra Coverage Research History >

IPG STOCK CHART

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