Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand talent, and people services in Australia, New Zealand, and China.
The last earnings update was 81 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Ignite. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Ignite's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ignite has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Ignite's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Ignite's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Ignite's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Ignite is high growth as no earnings estimate data is available.
Unable to determine if Ignite is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Ignite's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
When analysing debt levels, the balance sheet is the obvious place to start. … So although it is loss-making, it doesn't seem to have too much near-term balance sheet risk, keeping in mind the net cash. … If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet.
Do Insiders Own Shares In Ignite Limited (ASX:IGN)?
Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … View our latest analysis for Ignite ASX:IGN Ownership Summary, May 14th 2019 What Does The Institutional Ownership Tell Us About Ignite? … Insider Ownership Of Ignite The definition of company insiders can be subjective, and does vary between jurisdictions.
Is Ignite Limited (ASX:IGN) A Financially Sound Company?
Ignite Limited (ASX:IGN) is a small-cap stock with a market capitalization of AU$4.0m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.
Can We See Significant Insider Ownership On The Ignite Limited (ASX:IGN) Share Register?
Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … I quite like to see at least a little bit of insider ownership. … With a market capitalization of AU$4.7m, Ignite is a small cap stock, so it might not be well known by many institutional investors.
Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand talent, and people services in Australia, New Zealand, and China. The company offers permanent and contingent recruitment, and payroll services; and outsourced recruitment and human resource consulting services. It is also involved in the provision of pre-qualified information technology resources to deliver on demand solutions. The company provides its services under the Ignite and Lloyd Morgan brand names. It serves accounting, finance, architecture, construction, engineering, property, business support, human resources, legal, information management, IT, digital, and sales and marketing industries. The company was formerly known as Clarius Group Limited. Ignite Limited was founded in 1984 and is headquartered in Sydney, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.