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IntegraFin Holdings

DB:84N
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
84N
DB
£1B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

IntegraFin Holdings plc, together with its subsidiaries, provides investment platform for UK financial advisers and their clients. The last earnings update was 77 days ago. More info.


Add to Portfolio Compare Print
  • IntegraFin Holdings has significant price volatility in the past 3 months.
84N Share Price and Events
7 Day Returns
7.2%
DB:84N
-6.8%
DE Capital Markets
-2.7%
DE Market
1 Year Returns
16.5%
DB:84N
-11.8%
DE Capital Markets
-20.4%
DE Market
84N Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IntegraFin Holdings (84N) 7.2% -15.9% -10.9% 16.5% - -
DE Capital Markets -6.8% -21.9% -18% -11.8% -29% -57.8%
DE Market -2.7% -18.4% -26.7% -20.4% -25.9% -30.4%
1 Year Return vs Industry and Market
  • 84N outperformed the Capital Markets industry which returned -11.8% over the past year.
  • 84N outperformed the Market in Germany which returned -20.4% over the past year.
Price Volatility
84N
Industry
5yr Volatility vs Market

84N Value

 Is IntegraFin Holdings undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of IntegraFin Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for IntegraFin Holdings.

DB:84N Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= £0.48 * 31.6%
£0.15
Book Value of Equity per Share Weighted future Book Value estimates from 3 analysts. £0.48
Discount Rate (Cost of Equity) See below 4.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:84N
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.75
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.753 (1 + (1- 19%) (0%))
0.834
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.834 * 6.07%)
4.67%

Discounted Cash Flow Calculation for DB:84N using Excess Returns Model Model

The calculations below outline how an intrinsic value for IntegraFin Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:84N Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (31.6% – 4.67%) * £0.48)
£0.13
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.13 / (4.67% - -0.39%)
£2.56
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £0.48 + £2.56
£3.05
DB:84N Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:84N represents 1.11814x of LSE:IHP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.11814x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 3.05 x 1.11814
€3.41
Value per share (EUR) From above. €3.41
Current discount Discount to share price of €4.69
= -1 x (€4.69 - €3.41) / €3.41
-37.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of IntegraFin Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 IntegraFin Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IntegraFin Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:84N PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in GBP £0.12
LSE:IHP Share Price ** LSE (2020-04-01) in GBP £4.19
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 22.18x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of IntegraFin Holdings.

DB:84N PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:IHP Share Price ÷ EPS (both in GBP)

= 4.19 ÷ 0.12

34.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IntegraFin Holdings is overvalued based on earnings compared to the DE Capital Markets industry average.
  • IntegraFin Holdings is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does IntegraFin Holdings's expected growth come at a high price?
Raw Data
DB:84N PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 34.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
11.3%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.55x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

DB:84N PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 34.58x ÷ 11.3%

3.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IntegraFin Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on IntegraFin Holdings's assets?
Raw Data
DB:84N PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in GBP £0.35
LSE:IHP Share Price * LSE (2020-04-01) in GBP £4.19
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.55x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:84N PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:IHP Share Price ÷ Book Value per Share (both in GBP)

= 4.19 ÷ 0.35

12.02x

* Primary Listing of IntegraFin Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • IntegraFin Holdings is overvalued based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess IntegraFin Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. IntegraFin Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

84N Future Performance

 How is IntegraFin Holdings expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
11.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IntegraFin Holdings expected to grow at an attractive rate?
  • IntegraFin Holdings's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • IntegraFin Holdings's earnings growth is positive but not above the Germany market average.
  • IntegraFin Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:84N Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:84N Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 11.3%
DB:84N Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 8.4%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 40%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:84N Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:84N Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-09-30 153 78 70 2
2023-09-30 140 70 62 2
2022-09-30 130 61 53 6
2021-09-30 119 55 47 7
2020-09-30 108 52 42 7
2020-04-02
DB:84N Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-09-30 99 47 40
2019-06-30 97 42 38
2019-03-31 94 36 37
2018-12-31 93 39 35
2018-09-30 91 41 33
2018-06-30 89 38 32
2018-03-31 86 34 31
2017-12-31 83 32 30
2017-09-30 80 31 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • IntegraFin Holdings's earnings are expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).
  • IntegraFin Holdings's revenue is expected to grow by 8.4% yearly, however this is not considered high growth (20% yearly).
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.
Raw Data
DB:84N Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from IntegraFin Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:84N Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-09-30 0.19 0.19 0.19 1.00
2023-09-30 0.17 0.17 0.17 1.00
2022-09-30 0.15 0.17 0.15 3.00
2021-09-30 0.14 0.16 0.13 4.00
2020-09-30 0.13 0.13 0.12 4.00
2020-04-02
DB:84N Past Financials Data
Date (Data in GBP Millions) EPS *
2019-09-30 0.12
2019-06-30 0.12
2019-03-31 0.11
2018-12-31 0.10
2018-09-30 0.10
2018-06-30 0.10
2018-03-31 0.09
2017-12-31 0.09
2017-09-30 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • IntegraFin Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess IntegraFin Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
IntegraFin Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

84N Past Performance

  How has IntegraFin Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare IntegraFin Holdings's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • IntegraFin Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • IntegraFin Holdings's 1-year earnings growth exceeds its 5-year average (22% vs 18.2%)
  • IntegraFin Holdings's earnings growth has exceeded the DE Capital Markets industry average in the past year (22% vs 5.7%).
Earnings and Revenue History
IntegraFin Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from IntegraFin Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:84N Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 99.17 40.15 46.37
2019-06-30 96.69 38.33 47.59
2019-03-31 94.21 36.50 49.10
2018-12-31 92.70 34.71 48.04
2018-09-30 91.19 32.91 46.69
2018-06-30 88.64 31.73 44.46
2018-03-31 86.10 30.56 42.23
2017-12-31 83.17 30.22 41.31
2017-09-30 80.24 29.89 40.38
2016-09-30 68.36 20.82 35.62
2015-09-30 63.64 16.30 36.72
2014-09-30 59.69 13.99 42.04
2013-09-30 55.50 13.20 38.76

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • IntegraFin Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • IntegraFin Holdings used its assets less efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • IntegraFin Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess IntegraFin Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
IntegraFin Holdings has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

84N Health

 How is IntegraFin Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up IntegraFin Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IntegraFin Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • IntegraFin Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of IntegraFin Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • IntegraFin Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from IntegraFin Holdings Company Filings, last reported 6 months ago.

DB:84N Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 115.52 0.00 137.41
2019-06-30 115.52 0.00 137.41
2019-03-31 101.99 0.00 118.07
2018-12-31 101.99 0.00 118.07
2018-09-30 104.94 0.00 123.07
2018-06-30 104.94 0.00 123.07
2018-03-31 86.27 0.00 103.38
2017-12-31 86.27 0.00 103.38
2017-09-30 102.53 0.00 114.72
2016-09-30 86.24 0.00 99.55
2015-09-30 74.97 0.00 95.13
2014-09-30 66.40 0.00 63.62
2013-09-30 67.94 0.00 63.19
  • IntegraFin Holdings has no debt.
  • IntegraFin Holdings has not taken on any debt in the past 5 years.
  • IntegraFin Holdings has no debt, it does not need to be covered by operating cash flow.
  • IntegraFin Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess IntegraFin Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. IntegraFin Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

84N Dividends

 What is IntegraFin Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.48%
Current annual income from IntegraFin Holdings dividends. Estimated to be 2.48% next year.
If you bought €2,000 of IntegraFin Holdings shares you are expected to receive €50 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • IntegraFin Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.65%).
  • IntegraFin Holdings's dividend is below the markets top 25% of dividend payers in Germany (4.86%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:84N Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 320 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:84N Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2024-09-30 0.15 1.00
2023-09-30 0.14 1.00
2022-09-30 0.11 5.00
2021-09-30 0.11 7.00
2020-09-30 0.09 7.00
2020-04-02
DB:84N Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2020-01-16 0.104 2.258
2019-12-18 0.104 2.319
2019-05-17 0.052 1.348
2018-12-13 0.064 1.867
2018-12-12 0.064 2.293

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether IntegraFin Holdings has stable dividend payments.
  • IntegraFin Holdings only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of IntegraFin Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.5x coverage).
X
Income/ dividend checks
We assess IntegraFin Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can IntegraFin Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IntegraFin Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

84N Management

 What is the CEO of IntegraFin Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alexander Scott
COMPENSATION £443,630
AGE 48
TENURE AS CEO 0.1 years
CEO Bio

Mr. Alexander Scott, also known as Alex, is the Chief Executive Officer of IntegraFin Holdings plc since March 2020 and has been its Director since February 11, 2014. Mr. Scott was the Chief Financial Officer of IntegraFin Holdings plc since 2010 until March 2020. Mr. Scott joined IntegraFin in October 2009 as Actuary and Head of Group Technical Operations. He has been a Director of IFAL in 2011. He has over 25 years’ experience in the UK financial services industry. Prior to joining the Group, he held the positions of Life Director and Chief Actuary from 2004 at Sterling Insurance Group and from 1997 until 2010 worked in a variety of roles at Criterion Assurance Group. Prior to that, Mr Scott held a number of actuarial positions at National Provident Institution from 1991 until 1997. He has a BSc in Actuarial Science from City University and is a Fellow of the Institute of Actuaries.

CEO Compensation
  • Alexander's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Alexander's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the IntegraFin Holdings management team in years:

4.7
Average Tenure
56
Average Age
  • The tenure for the IntegraFin Holdings management team is about average.
Management Team

Alexander Scott

TITLE
CEO & Director
COMPENSATION
£444K
AGE
48
TENURE
0.1 yrs

Ian Taylor

TITLE
Executive Director
COMPENSATION
£751K
AGE
55
TENURE
0.1 yrs

Michael Howard

TITLE
Executive Director
AGE
60

Judith Davidson

TITLE
Chief Operating Officer
AGE
57
TENURE
9.4 yrs

David Johnson

TITLE
Group Counsel
AGE
55
TENURE
11.4 yrs

Jonathan Gunby

TITLE
Executive Director
AGE
59
TENURE
8.3 yrs

Helen Wakeford

TITLE
Head of Legal & Company Secretary
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the IntegraFin Holdings board of directors in years:

2.4
Average Tenure
60
Average Age
  • The average tenure for the IntegraFin Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Richard Cranfield

TITLE
Independent Chair
COMPENSATION
£27K
TENURE
0.5 yrs

Alexander Scott

TITLE
CEO & Director
COMPENSATION
£444K
AGE
48
TENURE
6.2 yrs

Ian Taylor

TITLE
Executive Director
COMPENSATION
£751K
AGE
55
TENURE
6.3 yrs

Michael Howard

TITLE
Executive Director
AGE
60
TENURE
6.2 yrs

Jonathan Gunby

TITLE
Executive Director
AGE
59
TENURE
0.1 yrs

Christopher Munro

TITLE
Independent Non-Executive Director
COMPENSATION
£100K
AGE
69
TENURE
3.2 yrs

Neil Holden

TITLE
Independent Non-Executive Director
COMPENSATION
£60K
AGE
60
TENURE
6.2 yrs

Caroline Banszky

TITLE
Independent Non-Executive Director
COMPENSATION
£60K
AGE
65
TENURE
1.7 yrs

Victoria Cochrane

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£60K
AGE
63
TENURE
1.6 yrs

Robert Lister

TITLE
Independent Non-Executive Director
COMPENSATION
£16K
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • IntegraFin Holdings individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Feb 20 Sell Judith Davidson Individual 20. Feb 20 20. Feb 20 -100,000 €6.30 €-629,496
25. Feb 20 Sell Christopher Munro Individual 24. Feb 20 24. Feb 20 -273,000 €6.06 €-1,653,954
03. Feb 20 Sell Ian Taylor Individual 03. Feb 20 03. Feb 20 -496,526 €5.92 €-2,940,134
29. Jan 20 Sell Michael Howard Individual 29. Jan 20 29. Jan 20 -8,500,000 €5.47 €-46,524,602
20. Dec 19 Sell Judith Davidson Individual 18. Dec 19 19. Dec 19 -410,000 €5.38 €-2,179,673
06. Nov 19 Buy Judith Davidson Individual 31. Oct 19 05. Nov 19 1,384 €4.53 €5,992
11. Nov 19 Sell Judith Davidson Individual 07. Nov 19 08. Nov 19 -1,369 €4.49 €-6,126
11. Nov 19 Buy Judith Davidson Individual 07. Nov 19 08. Nov 19 1,369 €4.49 €6,126
06. Nov 19 Sell Judith Davidson Individual 31. Oct 19 05. Nov 19 -1,384 €4.53 €-5,992
23. Sep 19 Sell Jonathan Gunby Individual 18. Sep 19 18. Sep 19 -10,000 €4.45 €-44,511
19. Sep 19 Sell Judith Davidson Individual 18. Sep 19 18. Sep 19 -210,000 €4.54 €-946,634
18. Sep 19 Sell Judith Davidson Individual 16. Sep 19 17. Sep 19 -30,000 €4.46 €-133,319
18. Sep 19 Sell David Johnson Individual 18. Sep 19 18. Sep 19 -97,578 €4.47 €-435,978
22. Aug 19 Sell Jonathan Gunby Individual 20. Aug 19 20. Aug 19 -17,500 €4.15 €-72,581
05. Aug 19 Sell Jonathan Gunby Individual 02. Aug 19 02. Aug 19 -25,000 €4.17 €-104,169
01. Aug 19 Sell Jonathan Gunby Individual 30. Jul 19 30. Jul 19 -25,000 €4.18 €-104,528
25. Jul 19 Sell Jonathan Gunby Individual 24. Jul 19 24. Jul 19 -30,000 €4.29 €-128,833
01. Jul 19 Sell Jonathan Gunby Individual 28. Jun 19 28. Jun 19 -15,000 €4.22 €-63,353
26. Jun 19 Sell Jonathan Gunby Individual 25. Jun 19 25. Jun 19 -15,000 €4.21 €-63,188
21. Jun 19 Sell Jonathan Gunby Individual 20. Jun 19 20. Jun 19 -15,000 €4.27 €-63,999
12. Jun 19 Sell Jonathan Gunby Individual 10. Jun 19 10. Jun 19 -28,069 €4.38 €-123,041
23. May 19 Sell Judith Davidson Individual 17. May 19 22. May 19 -60,000 €4.58 €-273,987
X
Management checks
We assess IntegraFin Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. IntegraFin Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

84N News

Simply Wall St News

84N Company Info

Description

IntegraFin Holdings plc, together with its subsidiaries, provides investment platform for UK financial advisers and their clients. The company operates Transact platform that delivers an infrastructure, which enables advisers to implement financial plans, as well as provides real time day-to-day and technical support services. Its Transact platform enables advisers to simplify management of the complex investment needs of clients; provides personal service to advisers and their clients; offers access to approximately 8,000 funds and assets listed on stock markets; and provides access to report and analysis tools, investment portfolio management, lifetime cash flow modelling, and others. The company was founded in 1999 and is headquartered in London, the United Kingdom.

Details
Name: IntegraFin Holdings plc
84N
Exchange: DB
Founded: 1999
£1,573,828,854
331,322,014
Website: http://www.integrafin.co.uk
Address: IntegraFin Holdings plc
29 Clement's Lane,
London,
Greater London, EC4N 7AE,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE IHP Ordinary Shares London Stock Exchange GB GBP 27. Feb 2018
DB 84N Ordinary Shares Deutsche Boerse AG DE EUR 27. Feb 2018
BATS-CHIXE IHPL Ordinary Shares BATS 'Chi-X Europe' GB GBP 27. Feb 2018
Number of employees
Current staff
Staff numbers
486
IntegraFin Holdings employees.
Industry
Financial Exchanges and Data
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 04:00
End of day share price update: 2020/04/01 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/01/16
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.