Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

IG Group Holdings

DB:I5G
Snowflake Description

Established dividend payer with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
I5G
DB
£2B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

IG Group Holdings plc provides leveraged derivatives and spread betting under the IG brand worldwide. The last earnings update was 73 days ago. More info.


Add to Portfolio Compare Print
I5G Share Price and Events
7 Day Returns
3.2%
DB:I5G
-3.5%
DE Capital Markets
-3%
DE Market
1 Year Returns
22.6%
DB:I5G
-11.3%
DE Capital Markets
-20.6%
DE Market
I5G Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IG Group Holdings (I5G) 3.2% -8% -8.4% 22.6% 31.3% -23.9%
DE Capital Markets -3.5% -21.2% -17.8% -11.3% -27.2% -56.6%
DE Market -3% -19.1% -26.2% -20.6% -25.6% -30.7%
1 Year Return vs Industry and Market
  • I5G outperformed the Capital Markets industry which returned -11.3% over the past year.
  • I5G outperformed the Market in Germany which returned -20.6% over the past year.
Price Volatility
I5G
Industry
5yr Volatility vs Market

I5G Value

 Is IG Group 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 IG Group 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 IG Group Holdings.

DB:I5G 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
= £2.20 * 22.4%
£0.49
Book Value of Equity per Share Median Book Value from the past 5 years. £2.20
Discount Rate (Cost of Equity) See below 4.8%
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:I5G
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 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.745 (1 + (1- 19%) (5.88%))
0.853
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.85
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.853 * 6.07%)
4.79%

Discounted Cash Flow Calculation for DB:I5G using Excess Returns Model Model

The calculations below outline how an intrinsic value for IG Group 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:I5G Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (22.4% – 4.79%) * £2.20)
£0.39
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= £0.39 / (4.79% - -0.39%)
£7.50
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= £2.20 + £7.50
£9.7
DB:I5G Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:I5G represents 1.1281x of LSE:IGG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.1281x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 9.70 x 1.1281
€10.94
Value per share (EUR) From above. €10.94
Current discount Discount to share price of €7.53
= -1 x (€7.53 - €10.94) / €10.94
31.2%

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

Current Discount
Amount off the current price IG Group Holdings is available for.
Intrinsic value
31%
Share price is €7.53 vs Future cash flow value of €10.94
Current Discount Checks
For IG Group Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • IG Group Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • IG Group Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
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 IG Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IG Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:I5G PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-11-30) in GBP £0.41
LSE:IGG Share Price ** LSE (2020-04-03) in GBP £6.68
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 16.57x

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

** Primary Listing of IG Group Holdings.

DB:I5G PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 6.68 ÷ 0.41

16.45x

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

  • IG Group Holdings is good value based on earnings compared to the DE Capital Markets industry average.
  • IG Group Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does IG Group Holdings's expected growth come at a high price?
Raw Data
DB:I5G PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
5.5%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.53x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

DB:I5G PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.45x ÷ 5.5%

2.97x

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

  • IG Group Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on IG Group Holdings's assets?
Raw Data
DB:I5G PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-11-30) in GBP £2.20
LSE:IGG Share Price * LSE (2020-04-03) in GBP £6.68
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.66x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:I5G PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 6.68 ÷ 2.20

3.03x

* Primary Listing of IG Group Holdings.

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

  • IG Group Holdings is overvalued based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess IG Group 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. IG Group Holdings has a total score of 3/6, 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.

I5G Future Performance

 How is IG Group Holdings expected to perform in the next 1 to 3 years based on estimates from 6 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
5.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IG Group Holdings expected to grow at an attractive rate?
  • IG Group Holdings's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • IG Group Holdings's earnings growth is positive but not above the Germany market average.
  • IG Group Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:I5G Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:I5G Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 5.5%
DB:I5G Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 4.7%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 37.7%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.2%
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:I5G Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:I5G Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-05-31 585 169 186 6
2021-05-31 543 199 166 6
2020-05-31 542 -41 175 6
2020-04-03
DB:I5G Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-11-30 486 203 149
2019-08-31 488 211 154
2019-05-31 490 218 158
2019-02-28 530 264 184
2018-11-30 570 310 210
2018-08-31 581 269 218
2018-05-31 592 228 226
2018-02-28 565 223 210
2017-11-30 538 218 194
2017-08-31 530 199 182
2017-05-31 521 179 169
2017-02-28 522 157 170

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • IG Group Holdings's earnings are expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).
  • IG Group Holdings's revenue is expected to grow by 4.7% 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:I5G Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from IG Group Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:I5G Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-05-31 0.55 0.55 0.55 1.00
2021-05-31 0.49 0.49 0.49 1.00
2020-05-31 0.49 0.49 0.49 1.00
2020-04-03
DB:I5G Past Financials Data
Date (Data in GBP Millions) EPS *
2019-11-30 0.41
2019-08-31 0.42
2019-05-31 0.43
2019-02-28 0.50
2018-11-30 0.57
2018-08-31 0.59
2018-05-31 0.62
2018-02-28 0.57
2017-11-30 0.53
2017-08-31 0.50
2017-05-31 0.46
2017-02-28 0.46

*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.
  • IG Group Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess IG Group 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.
IG Group 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.

I5G Past Performance

  How has IG Group 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 IG Group 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.
  • IG Group Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • IG Group Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • IG Group Holdings's 1-year earnings growth is negative, it can't be compared to the DE Capital Markets industry average.
Earnings and Revenue History
IG Group 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 IG Group Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:I5G Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-11-30 485.80 149.30 64.00
2019-08-31 488.05 153.80 64.40
2019-05-31 490.30 158.30 64.80
2019-02-28 530.00 184.00 66.95
2018-11-30 569.70 209.70 69.10
2018-08-31 580.60 218.05 70.20
2018-05-31 591.50 226.40 71.30
2018-02-28 564.80 210.20 70.90
2017-11-30 538.10 194.00 70.50
2017-08-31 529.70 181.60 74.10
2017-05-31 521.30 169.20 77.70
2017-02-28 522.05 170.05 76.85
2016-11-30 522.80 170.90 76.00
2016-08-31 506.75 167.60 68.90
2016-05-31 490.70 164.30 61.80
2016-02-29 466.45 147.15 21.85
2015-11-30 442.20 130.00 -18.10
2015-08-31 434.25 130.95 15.40
2015-05-31 426.30 131.90 48.90
2015-02-28 426.05 141.70 117.75
2014-11-30 425.80 151.50 186.60
2014-08-31 419.40 149.35 182.70
2014-05-31 413.00 147.20 178.80
2014-02-28 416.09 153.54 172.77
2013-11-30 419.21 157.44 170.17
2013-08-31 412.57 149.56 172.45
2013-05-31 405.93 141.69 174.73

*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.
  • IG Group Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • IG Group Holdings used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • Unable to establish if IG Group Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess IG Group 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.
IG Group Holdings has a total score of 2/6, 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.

I5G Health

 How is IG Group 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 IG Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • IG Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • IG Group Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of IG Group 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.
  • Debt is covered by short term assets, assets are 6.1x debt.
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 IG Group Holdings Company Filings, last reported 4 months ago.

DB:I5G Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-11-30 810.60 119.70 416.40
2019-08-31 810.60 119.70 416.40
2019-05-31 841.80 99.60 373.30
2019-02-28 841.80 99.60 373.30
2018-11-30 817.50 99.50 393.40
2018-08-31 817.50 99.50 393.40
2018-05-31 842.10 0.00 289.70
2018-02-28 842.10 0.00 289.70
2017-11-30 750.80 50.00 251.90
2017-08-31 750.80 50.00 251.90
2017-05-31 735.30 0.00 230.90
2017-02-28 735.30 0.00 230.90
2016-11-30 680.70 50.00 201.80
2016-08-31 680.70 50.00 201.80
2016-05-31 663.00 0.00 218.80
2016-02-29 663.00 0.00 218.80
2015-11-30 596.10 0.00 162.40
2015-08-31 596.10 0.00 162.40
2015-05-31 591.40 0.00 148.80
2015-02-28 591.40 0.00 148.80
2014-11-30 566.90 0.00 149.60
2014-08-31 566.90 0.00 149.60
2014-05-31 565.90 0.00 101.50
2014-02-28 569.67 0.04 101.49
2013-11-30 514.31 25.04 75.48
2013-08-31 514.31 25.04 75.48
2013-05-31 506.99 0.04 98.35
  • IG Group Holdings's level of debt (14.8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if IG Group Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (169.5%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on IG Group Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess IG Group 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. IG Group Holdings has a total score of 4/6, 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.

I5G Dividends

 What is IG Group 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
6.47%
Current annual income from IG Group Holdings dividends. Estimated to be 6.51% next year.
If you bought €2,000 of IG Group Holdings shares you are expected to receive €129 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?
  • IG Group Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • IG Group Holdings's dividend is above the markets top 25% of dividend payers in Germany (4.85%).
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:I5G 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 6 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 318 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 4.8%

Industry and Market average data is calculated daily.

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

DB:I5G Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-05-31 0.44 6.00
2021-05-31 0.43 6.00
2020-05-31 0.43 6.00
2020-04-03
DB:I5G Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-08-16 0.432 6.744
2018-08-13 0.432 7.238
2018-07-24 0.432 4.818
2017-08-11 0.323 4.341
2017-07-18 0.323 5.084
2016-08-09 0.314 5.091
2016-07-19 0.314 3.571
2015-09-15 0.282 3.675
2014-09-17 0.282 3.999
2013-07-23 0.233 3.855
2012-09-20 0.225 4.530
2011-09-01 0.200 4.371
2010-08-26 0.185 3.922
2010-07-20 0.185 3.802
2009-07-21 0.150 4.076

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of IG Group Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess IG Group 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 IG Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IG Group Holdings has a total score of 5/6, see the detailed checks below.


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

I5G Management

 What is the CEO of IG Group 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
June Felix
COMPENSATION £780,000
AGE 63
TENURE AS CEO 1.5 years
CEO Bio

Ms. June Yee Felix has been the Chief Executive Officer and an Executive Director at IG Group Holdings plc since October 30, 2018. Ms. Felix is the Chief Executive Officer at IG Markets Ltd. and its Executive Director since December 21, 2018. Ms. Felix was President of Verifone Europe & Russia at VeriFone Systems, Inc., with responsibility for the operation of the Verifone business throughout these territories. A proven global leader, Ms. Felix has held various executive management positions at a number of large multi-national businesses. These include Citibank, where she was Managing Director of Global Healthcare, Citi Enterprise Payments and IBM Corporation, where she led their global Banking and Financial Markets business. Ms. Felix was also a strategy consultant at Booz, Allen & Hamilton. She began her career at P&G in brand management marketing. Ms. Felix has held various executive management positions at multi-national companies, including JP Morgan Chase. Prior to joining Verifone, she served as Managing Director of Citi Enterprise Payments, where she led a global business focused on creating consumer-centric mobile healthcare payments. She has significant international experience and knowledge of the digital sector as well as experience in strategy, product innovation and delivery. Prior to her role at Citi, Ms. Felix served as IBM’s Global General Manager of Banking & Financial Markets. She was a Director of IG Group Holdings Plc since September 4, 2015 until October 30, 2018. In 2013, Ms. Felix was elected into the Innovators Hall of Fame for Banking Systems and Technology, and named one of the Top 10 leading innovators by Banking Technology News. Additionally, she was named one of the Most Influential Women in Banking by US Banker and has been a frequent featured speaker at client and industry events globally. She holds a bachelor’s degree from the University of Pittsburgh in Chemical Engineering and Pre-Med.

CEO Compensation
  • June's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • June's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

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

3.8
Average Tenure
49.5
Average Age
  • The tenure for the IG Group Holdings management team is about average.
Management Team

June Felix

TITLE
CEO & Executive Director
COMPENSATION
£780K
AGE
63
TENURE
1.5 yrs

Paul Mainwaring

TITLE
CFO & Executive Director
COMPENSATION
£787K
AGE
56
TENURE
3.8 yrs

Jon Noble

TITLE
COO & Executive Director
COMPENSATION
£691K
AGE
43
TENURE
0.8 yrs

Bridget Messer

TITLE
Chief Commercial Officer & Executive Director
COMPENSATION
£691K
AGE
40
TENURE
4.6 yrs

Liz Scorer

TITLE
Head of Investor Relations

Ramon Kaur

TITLE
Head of Public Affairs

Adam Dance

TITLE
Director of Business Development

David Horsley

TITLE
Head of Finance
TENURE
4.7 yrs

Joe McCaughran

TITLE
Chief Risk Officer

Eoin McCoy

TITLE
Head of IG Poland
Board of Directors Tenure

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

2.8
Average Tenure
57.5
Average Age
  • The average tenure for the IG Group Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mike McTighe

TITLE
Chairman of the Board
AGE
66
TENURE
0.2 yrs

June Felix

TITLE
CEO & Executive Director
COMPENSATION
£780K
AGE
63
TENURE
4.6 yrs

Paul Mainwaring

TITLE
CFO & Executive Director
COMPENSATION
£787K
AGE
56
TENURE
3.8 yrs

Jon Noble

TITLE
COO & Executive Director
COMPENSATION
£691K
AGE
43
TENURE
1.8 yrs

Bridget Messer

TITLE
Chief Commercial Officer & Executive Director
COMPENSATION
£691K
AGE
40
TENURE
1.8 yrs

Jim Newman

TITLE
Independent Non-Executive Director
COMPENSATION
£96K
AGE
54
TENURE
6.5 yrs

Malcolm Le May

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£103K
AGE
61
TENURE
4.6 yrs

Jonathan Moulds

TITLE
Independent Non-Executive Director
COMPENSATION
£51K
AGE
54
TENURE
1.6 yrs

Stephen Hill

TITLE
Independent Non Executive Director
COMPENSATION
£93K
AGE
59
TENURE
9 yrs

Sally-Ann Hibberd

TITLE
Non-Executive Director
COMPENSATION
£45K
AGE
60
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
23. Sep 19 Buy June Felix Individual 19. Sep 19 19. Sep 19 7,800 €7.06 €55,101
25. Jul 19 Buy June Felix Individual 23. Jul 19 23. Jul 19 25,800 €6.43 €165,955
X
Management checks
We assess IG Group 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. IG Group 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.

I5G News

Simply Wall St News

I5G Company Info

Description

IG Group Holdings plc provides leveraged derivatives and spread betting under the IG brand worldwide. Its CFDs (contracts for difference) are derivative contracts that enable clients to take advantage of changes in an asset’s price. The company also offers clients access to a range of risk-mitigation measures, including stops and limits and a limited risk account; and products, such as share dealing and investment portfolios, as well as enables clients to hold their investments in ISAs and SIPPs. In addition, it operates North American Derivatives Exchange, a US-based retail-oriented exchange, which enables investors to trade options on global financial markets in retail-sized contracts; and IG trading platform for foreign exchange, as well as offers mobile apps. It primarily serves retail clients, market professionals, corporate entities, and institutional clients. The company was founded in 1974 and is headquartered in London, the United Kingdom.

Details
Name: IG Group Holdings plc
I5G
Exchange: DB
Founded: 1974
£2,785,645,255
367,717,965
Website: http://www.iggroup.com
Address: IG Group Holdings plc
Cannon Bridge House,
25 Dowgate Hill,
London,
Greater London, EC4R 2YA,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE IGG Ordinary Shares London Stock Exchange GB GBP 28. Apr 2005
OTCPK IGGR.F Ordinary Shares Pink Sheets LLC US USD 28. Apr 2005
DB I5G Ordinary Shares Deutsche Boerse AG DE EUR 28. Apr 2005
BATS-CHIXE IGGL Ordinary Shares BATS 'Chi-X Europe' GB GBP 28. Apr 2005
OTCPK IGGH.Y SPONSORED ADR Pink Sheets LLC US USD 01. Jun 2010
Number of employees
Current staff
Staff numbers
1,889
IG Group Holdings employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 23:29
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/04/02
Last earnings filing: 2020/01/21
Last earnings reported: 2019/11/30
Last annual earnings reported: 2019/05/31


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.