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Ideagen

AIM:IDEA
Snowflake Description

Reasonable growth potential with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IDEA
AIM
£364M
Market Cap
  1. Home
  2. GB
  3. Software
Company description

Ideagen plc develops and sells information management software in the United Kingdom, rest of Europe, North America, the Middle East, and internationally. The last earnings update was 73 days ago. More info.


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  • Ideagen has significant price volatility in the past 3 months.
IDEA Share Price and Events
7 Day Returns
7.3%
AIM:IDEA
-3.8%
GB Software
-2.2%
GB Market
1 Year Returns
9.5%
AIM:IDEA
-22.1%
GB Software
-25.9%
GB Market
IDEA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ideagen (IDEA) 7.3% -12% -16.1% 9.5% 97.5% 341.1%
GB Software -3.8% -20.8% -26.6% -22.1% -32.8% -11.2%
GB Market -2.2% -21.7% -29.6% -25.9% -26.6% -26.2%
1 Year Return vs Industry and Market
  • IDEA outperformed the Software industry which returned -22.1% over the past year.
  • IDEA outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25.9% over the past year.
Price Volatility
IDEA
Industry
5yr Volatility vs Market

Value

 Is Ideagen 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 Ideagen 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 Ideagen.

AIM:IDEA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

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 AIM:IDEA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Software Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.017 (1 + (1- 19%) (7.42%))
1.052
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.052 * 6.07%)
6.92%

Discounted Cash Flow Calculation for AIM:IDEA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ideagen is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

AIM:IDEA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.92%)
2020 11.00 Analyst x3 10.29
2021 14.13 Analyst x3 12.36
2022 16.30 Analyst x2 13.34
2023 17.82 Est @ 9.33% 13.64
2024 19.01 Est @ 6.69% 13.61
2025 19.94 Est @ 4.84% 13.34
2026 20.64 Est @ 3.55% 12.92
2027 21.19 Est @ 2.64% 12.41
2028 21.61 Est @ 2.01% 11.84
2029 21.95 Est @ 1.57% 11.25
Present value of next 10 years cash flows £124.00
AIM:IDEA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £21.95 × (1 + 0.53%) ÷ (6.92% – 0.53%)
£345.47
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £345.47 ÷ (1 + 6.92%)10
£176.96
AIM:IDEA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £124.00 + £176.96
£300.96
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £300.96 / 226.05
£1.33
AIM:IDEA Discount to Share Price
Calculation Result
Value per share (GBP) From above. £1.33
Current discount Discount to share price of £1.61
= -1 x (£1.61 - £1.33) / £1.33
-20.9%

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

  • The current share price of Ideagen 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 Ideagen's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ideagen's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:IDEA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in GBP £0.01
AIM:IDEA Share Price ** AIM (2020-04-03) in GBP £1.61
United Kingdom of Great Britain and Northern Ireland Software Industry PE Ratio Median Figure of 32 Publicly-Listed Software Companies 29.26x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.32x

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

** Primary Listing of Ideagen.

AIM:IDEA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:IDEA Share Price ÷ EPS (both in GBP)

= 1.61 ÷ 0.01

155.42x

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

  • Ideagen is overvalued based on earnings compared to the GB Software industry average.
  • Ideagen is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Ideagen's expected growth come at a high price?
Raw Data
AIM:IDEA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 155.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
33.6%per year
United Kingdom of Great Britain and Northern Ireland Software Industry PEG Ratio Median Figure of 22 Publicly-Listed Software Companies 2.5x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 0.97x

*Line of best fit is calculated by linear regression .

AIM:IDEA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 155.42x ÷ 33.6%

4.63x

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

  • Ideagen is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Ideagen's assets?
Raw Data
AIM:IDEA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in GBP £0.34
AIM:IDEA Share Price * AIM (2020-04-03) in GBP £1.61
United Kingdom of Great Britain and Northern Ireland Software Industry PB Ratio Median Figure of 73 Publicly-Listed Software Companies 2.31x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.06x
AIM:IDEA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:IDEA Share Price ÷ Book Value per Share (both in GBP)

= 1.61 ÷ 0.34

4.71x

* Primary Listing of Ideagen.

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

  • Ideagen is overvalued based on assets compared to the GB Software industry average.
X
Value checks
We assess Ideagen'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. Ideagen 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.

Future Performance

 How is Ideagen expected to perform in the next 1 to 3 years based on estimates from 3 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
33.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ideagen expected to grow at an attractive rate?
  • Ideagen's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Ideagen's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Ideagen's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:IDEA Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:IDEA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 33.6%
AIM:IDEA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 10.6%
United Kingdom of Great Britain and Northern Ireland Software Industry Earnings Growth Rate Market Cap Weighted Average 24.6%
United Kingdom of Great Britain and Northern Ireland Software Industry Revenue Growth Rate Market Cap Weighted Average 6.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.6%

*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
AIM:IDEA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:IDEA Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-04-30 70 21 6 2
2021-04-30 65 19 5 3
2020-04-30 58 16 4 3
2020-04-04
AIM:IDEA Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-10-31 53 10 2
2019-07-31 50 10 2
2019-04-30 47 10 1
2019-01-31 43 10 1
2018-10-31 40 11 0
2018-07-31 38 10 1
2018-04-30 36 9 2
2018-01-31 34 8 2
2017-10-31 32 8 2
2017-07-31 30 8 1
2017-04-30 27 8 1
2017-01-31 26 7 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ideagen's earnings are expected to grow significantly at over 20% yearly.
  • Ideagen's revenue is expected to grow by 10.6% 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
AIM:IDEA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Ideagen Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:IDEA Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-04-30
2021-04-30
2020-04-30
2020-04-04
AIM:IDEA Past Financials Data
Date (Data in GBP Millions) EPS *
2019-10-31 0.01
2019-07-31 0.01
2019-04-30 0.01
2019-01-31 0.00
2018-10-31 0.00
2018-07-31 0.00
2018-04-30 0.01
2018-01-31 0.01
2017-10-31 0.01
2017-07-31 0.01
2017-04-30 0.00
2017-01-31 0.01

*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.
  • Unable to establish if Ideagen will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ideagen'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Ideagen has a total score of 4/6, 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.

Past Performance

  How has Ideagen 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 Ideagen's growth in the last year to its industry (Software).
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.
  • Ideagen's year on year earnings growth rate has been positive over the past 5 years.
  • Ideagen's 1-year earnings growth exceeds its 5-year average (1707.1% vs 18.9%)
  • Ideagen's earnings growth has exceeded the GB Software industry average in the past year (1707.1% vs 6.8%).
Earnings and Revenue History
Ideagen'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 Ideagen Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:IDEA Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 52.99 2.28 33.40
2019-07-31 49.83 1.83 31.69
2019-04-30 46.67 1.39 29.99
2019-01-31 43.31 0.76 28.46
2018-10-31 39.94 0.13 26.93
2018-07-31 38.03 0.83 25.37
2018-04-30 36.12 1.53 23.82
2018-01-31 34.19 1.55 22.32
2017-10-31 32.26 1.58 20.83
2017-07-31 29.68 1.15 19.22
2017-04-30 27.11 0.73 17.61
2017-01-31 25.60 1.02 16.47
2016-10-31 24.09 1.31 15.34
2016-07-31 23.01 1.32 14.66
2016-04-30 21.94 1.32 13.98
2016-01-31 20.27 0.71 13.02
2015-10-31 18.60 0.11 12.06
2015-07-31 16.50 0.29 10.41
2015-04-30 14.39 0.48 8.75
2015-01-31 12.65 0.68 7.52
2014-10-31 10.92 0.87 6.29
2014-07-31 9.94 0.87 5.65
2014-04-30 8.97 0.87 5.02
2014-01-31 8.30 0.14 4.61
2013-10-31 7.64 -0.60 4.19
2013-07-31 7.08 -0.70 4.00
2013-04-30 6.51 -0.81 3.81

*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.
  • Ideagen has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ideagen used its assets less efficiently than the GB Software industry average last year based on Return on Assets.
  • Ideagen has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ideagen'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 Software 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.
Ideagen has a total score of 4/6, 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.

Health

 How is Ideagen'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 Ideagen's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ideagen's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ideagen's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ideagen'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 1.1x 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 Ideagen Company Filings, last reported 5 months ago.

AIM:IDEA Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 75.25 23.75 5.77
2019-07-31 75.25 23.75 5.77
2019-04-30 73.68 7.50 6.20
2019-01-31 73.68 7.50 6.20
2018-10-31 71.66 7.25 5.95
2018-07-31 71.66 7.25 5.95
2018-04-30 50.48 4.75 5.53
2018-01-31 50.48 4.75 5.53
2017-10-31 48.04 0.00 5.86
2017-07-31 48.04 0.00 5.86
2017-04-30 46.42 2.00 6.21
2017-01-31 46.42 2.00 6.21
2016-10-31 34.74 0.00 4.82
2016-07-31 34.74 0.00 4.82
2016-04-30 33.68 0.00 6.32
2016-01-31 33.68 0.00 6.32
2015-10-31 31.84 0.00 5.44
2015-07-31 31.84 0.00 5.44
2015-04-30 31.19 0.00 5.27
2015-01-31 31.19 0.00 5.27
2014-10-31 13.97 0.00 2.81
2014-07-31 13.97 0.00 2.81
2014-04-30 13.37 0.00 4.01
2014-01-31 13.37 0.00 4.01
2013-10-31 12.80 0.00 5.27
2013-07-31 12.80 0.00 5.27
2013-04-30 12.28 0.00 6.37
  • Ideagen's level of debt (31.6%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Ideagen's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (42.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.5x coverage).
X
Financial health checks
We assess Ideagen'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. Ideagen 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.

Dividends

 What is Ideagen'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
0.17%
Current annual income from Ideagen dividends. Estimated to be 0.22% next year.
If you bought £2,000 of Ideagen shares you are expected to receive £3 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?
  • Ideagen's pays a lower dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.66%).
  • Ideagen's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.42%).
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
AIM:IDEA 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 3 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Software Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 2.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 595 Stocks 5.7%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.4%

Industry and Market average data is calculated daily.

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

AIM:IDEA Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2022-04-30 0.00 2.00
2021-04-30 0.00 3.00
2020-04-30 0.00 3.00
2020-04-04
AIM:IDEA Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2019-10-01 0.003 0.163
2019-07-17 0.003 0.191
2018-10-02 0.002 0.172
2018-07-17 0.002 0.168
2017-10-09 0.002 0.196
2017-07-18 0.002 0.248
2016-10-07 0.002 0.255
2016-07-19 0.002 0.331
2015-10-05 0.002 0.327
2015-07-22 0.002 0.355
2014-10-03 0.002 0.532
2014-07-22 0.002 0.605
2014-01-14 0.001 0.270

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

  • Ideagen is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are stable.
  • Ideagen is not paying a notable dividend for United Kingdom of Great Britain and Northern Ireland, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Ideagen's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Ideagen's dividends as it is not paying a notable one for United Kingdom of Great Britain and Northern Ireland.
Future Payout to shareholders
  • No need to calculate the sustainability of Ideagen's dividends in 3 years as they are not expected to pay a notable one for United Kingdom of Great Britain and Northern Ireland.
X
Income/ dividend checks
We assess Ideagen's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Ideagen afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ideagen has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Ideagen'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
Ben Dorks
COMPENSATION £432,000
AGE 44
TENURE AS CEO 1.9 years
CEO Bio

Mr. Benjamin Charles Dorks, also known as Ben, has been the Chief Executive Officer of Ideagen PLC since May 2018. Mr. Dorks served as Chief Customer Officer of Ideagen PLC since January 2017 until May 2018. Mr. Dorks served as Group Sales and Marketing Director at Ideagen PLC from January 2013 to January 2015. Mr. Dorks served as Chief Technical Officer and Group Director at Plumtree Group Limited. He served as Sales Director of Plumtree. He has been a Director of Ideagen PLC since January 24, 2017.

CEO Compensation
  • Ben's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ben's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Ideagen management team in years:

1.9
Average Tenure
48
Average Age
  • The average tenure for the Ideagen management team is less than 2 years, this suggests a new team.
Management Team

David R. Hornsby

TITLE
Group Executive Chairman
COMPENSATION
£325K
AGE
52

Ben Dorks

TITLE
CEO & Director
COMPENSATION
£432K
AGE
44
TENURE
1.9 yrs

Graeme Spenceley

TITLE
CFO, Company Secretary & Director
COMPENSATION
£311K
AGE
54

Barney Kent

TITLE
COO & Director
COMPENSATION
£337K
AGE
42
TENURE
5.3 yrs

Les Paul

TITLE
COMPENSATION
£24K
AGE
60

Ian Hepworth

TITLE
Chief Technical Officer
AGE
43
TENURE
1.9 yrs

Alex Hewitt

TITLE
Chief Legal Officer

Arun Varma

TITLE
Chief Marketing Officer

Ken Ebbage

TITLE
Managing Director of Product & Services for Risk and Compliance Business

Paul Marshall

TITLE
Chief Customer Officer
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Ideagen board of directors in years:

2.9
Average Tenure
52
Average Age
  • The average tenure for the Ideagen board of directors is less than 3 years, this suggests a new board.
Board of Directors

David R. Hornsby

TITLE
Group Executive Chairman
COMPENSATION
£325K
AGE
52
TENURE
1.9 yrs

Ben Dorks

TITLE
CEO & Director
COMPENSATION
£432K
AGE
44
TENURE
3.3 yrs

Graeme Spenceley

TITLE
CFO, Company Secretary & Director
COMPENSATION
£311K
AGE
54
TENURE
10.1 yrs

Barney Kent

TITLE
COO & Director
COMPENSATION
£337K
AGE
42
TENURE
3.3 yrs

Alan M. Carroll

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£30K
AGE
68

Tony Rodriguez

TITLE
Independent Non-Executive Director
COMPENSATION
£25K
AGE
50
TENURE
2.6 yrs

Richard Longdon

TITLE
Non-Executive Director
AGE
63
TENURE
0.4 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 (£)
20. Nov 19 Buy Alex Hewitt Individual 20. Nov 19 20. Nov 19 126,000 £1.50 £189,000
12. Apr 19 Buy Alan M. Carroll Individual 11. Apr 19 11. Apr 19 48 £1.51 £72
11. Apr 19 Buy Benjamin Dorks Individual 10. Apr 19 10. Apr 19 3 £1.44 £4
11. Apr 19 Buy Graeme Spenceley Individual 10. Apr 19 10. Apr 19 3 £1.44 £4
11. Apr 19 Buy David R. Hornsby Individual 10. Apr 19 10. Apr 19 3 £1.44 £4
X
Management checks
We assess Ideagen'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. Ideagen 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.

News

Simply Wall St News

How Do Ideagen plc’s (LON:IDEA) Returns On Capital Compare To Peers?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Ideagen:0.042 = UK£3.4m ÷ (UK£116m - UK£35m) (Based on the trailing twelve months to April 2019.) Therefore, Ideagen has an ROCE of 4.2%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

Simply Wall St -

Shareholders Are Raving About How The Ideagen (LON:IDEA) Share Price Increased 340%

Then look at the Ideagen plc (LON:IDEA) share price. … Ideagen's earnings per share are down 1.9% per year, despite strong share price performance over five years. … We note that for Ideagen the TSR over the last 5 years was 347%, which is better than the share price return mentioned above.

Simply Wall St -

Should Ideagen plc (LON:IDEA) Focus On Improving This Fundamental Metric?

One way to conceptualize this, is that for each £1 of shareholders' equity it has, the company made £0.0018 in profit. … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Ideagen: 0.2% = UK£126k ÷ UK£72m (Based on the trailing twelve months to October 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Conservative use of debt to boost returns is usually a good move for shareholders, though it does leave the company more exposed to interest rate rises.

Simply Wall St -

Why Ideagen plc’s (LON:IDEA) Use Of Investor Capital Doesn’t Look Great

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Ideagen: 0.022 = UK£1.8m ÷ (UK£114m - UK£33m) (Based on the trailing twelve months to October 2018.) So, Ideagen has an ROCE of 2.2%. … Ideagen's Current Liabilities And Their Impact On Its ROCE Short term (or current) liabilities, are things like supplier invoices, overdrafts, or tax bills that need to be paid within 12 months. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

Simply Wall St -

Did Business Growth Power Ideagen's (LON:IDEA) Share Price Gain of 247%?

By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the five years of share price growth, Ideagen moved from a loss to profitability. … Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains.

Simply Wall St -

Should You Be Concerned About Ideagen plc's (LON:IDEA) ROE?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each £1 of shareholders' equity it has, the company made £0.0018 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Worry About Ideagen plc’s (LON:IDEA) ROCE?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Ideagen plc (LON:IDEA) Investors Are Paying Above The Intrinsic Value

Today, I will calculate the stock's intrinsic value. … by taking the expected future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Are Insiders Selling Ideagen plc (LON:IDEA) Stock?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So shareholders might well want to know whether insiders have been buying or selling shares in Ideagen plc (LON:IDEA). … That means that an insider was selling shares at below the current price (UK£1.23).

Simply Wall St -

Can Ideagen plc (LON:IDEA) Improve Its Returns?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each £1 of shareholders' equity it has, the company made £0.030 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Company Info

Description

Ideagen plc develops and sells information management software in the United Kingdom, rest of Europe, North America, the Middle East, and internationally. Its governance, risk and compliance (GRC) solutions include Q-Pulse QMS, a quality management software; Q-Pulse PM, a product management software; Q-Pulse Law, an EHS legal compliance register software; Pentana Audit, an audit automation software; Pentana Disclose, a financial disclosure checklist software; and Pentana Risk, a performance and risk management software. The company’s GRC solutions also comprise Coruson, an enterprise cloud safety management software; PleaseReview, a document co-authoring and review software; and Ideagen Academy, a cloud-based E-learning solution. It serves aerospace and defense, accounting, finance and banking, aviation, energy, food and drink, healthcare, life science, manufacturing, and rail industries. The company was formerly known as Datum International Plc and changed its name to Ideagen plc in July 2011. Ideagen plc was incorporated in 1993 and is headquartered in Ruddington, the United Kingdom.

Details
Name: Ideagen plc
IDEA
Exchange: AIM
Founded: 1993
£363,933,985
226,045,954
Website: http://www.ideagen.com
Address: Ideagen plc
Ergo House,
Mere Way,
Ruddington,
Nottinghamshire, NG11 6JS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM IDEA Ordinary Shares London Stock Exchange AIM Market GB GBP 15. Jan 2007
DB 5IG Ordinary Shares Deutsche Boerse AG DE EUR 15. Jan 2007
Number of employees
Current staff
Staff numbers
442
Ideagen employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 23:54
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/06
Last earnings filing: 2020/01/22
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/04/30


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.