IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

747.00p
   
  • Change Today:
      10.00p
  • 52 Week High: 778.00
  • 52 Week Low: 611.00
  • Currency: UK Pounds
  • Shares Issued: 373.99m
  • Volume: 507,388
  • Market Cap: £2,793.69m
  • RiskGrade: 149

Key Financials

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Growth Metrics 31-May-23 31-May-22 31-May-21 31-May-20 31-May-19
Annualisation Factor 1.0 1.0 n/a 1.0 1.0
Dividend Yield 6.7% 6.2% 5.0% 5.6% 7.9%
           
Continuing Operations          
PE Ratio - Adjusted 7.1 7.4 8.0 11.7 12.7
PE Ratio - Diluted 7.8
8.0		 7.8
7.9		 8.7
8.2		 11.8
11.8		 12.8
12.8
PEG - Adjusted n/a n/a 0.1 0.2 n/a
PEG - Diluted n/a
n/a		 n/a
n/a		 0.2
0.1		 0.2
0.2		 n/a
n/a
Return on Capital Employed n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Operating Margin 46.17%
46.11%		 49.97%
49.35%		 53.11%
55.43%		 45.01%
45.01%		 40.45%
40.45%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 7.1 7.4 791.3 11.7 12.7
PE Ratio - Diluted 7.8
8.0		 6.1
6.2		 849.9
807.6		 11.8
11.8		 12.8
12.8
PEG - Adjusted n/a 0.0 n/a 0.2 n/a
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 0.2
0.2		 n/a
n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing 31-May-23 31-May-22 31-May-21 31-May-20 31-May-19
Net Gearing (38.61%) (60.39%) (47.06%) (38.17%) (32.51%)

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Value Metrics 31-May-23 31-May-22 31-May-21 31-May-20 31-May-19
Price/Book Value 2.5 2.7 3.2 3.6 2.9
Price/Tangible Book Value 2.5 2.7 3.2 3.6 2.9
Price/ Cash Flow 15.7 4.3 6.5 9.6 9.2
Price/Revenue 2.96 3.11 370.10 4.28 4.22
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) 269.19p 265.31p 269.06p 214.27p 187.80p
Net Cash per Share n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Annualised Fundamentals 31-May-23 31-May-22 31-May-21 31-May-20 31-May-19
Continuing Operations          
Revenue 949.70 982.00 8.55 657.70 476.90
EBITDA 500.10
499.50		 547.20
541.10		 4.79
4.99		 321.60
321.60		 210.20
210.20
Depreciation (61.60)
(61.60)		 (56.50)
(56.50)		 (0.25)
(0.25)		 (25.60)
(25.60)		 (17.30)
(17.30)
Net Interest 14.00
14.00		 (11.40)
(10.40)		 (0.04)
(0.04)		 (0.10)
(0.10)		 1.40
1.40
Profit Before Tax 449.90
449.30		 477.00
471.90		 4.50
4.70		 295.90
295.90		 194.30
194.30
           
Revenue per Share 226.82p 230.36p 2.32p 178.68p 129.74p
Pre-Tax Profit per Share 107.45p
107.31p		 111.90p
110.70p		 1.22p
1.27p		 80.39p
80.39p		 52.86p
52.86p
Market Capitalisation £ (Millions) 2,748.13 3,087.92 3,173.47 2,826.21 2,018.32
Enterprise Value (EV) £ (Millions) 2,753.83 3,060.52 3,239.07 2,923.21 2,084.82
EBITDA/EV 18.16%
18.14%		 17.88%
17.68%		 0.15%
0.15%		 11.00%
11.00%		 10.08%
10.08%
Operating Margin 46.17%
46.11%		 49.97%
49.35%		 53.11%
55.43%		 45.01%
45.01%		 40.45%
40.45%
Capital Employed £ (Millions) 1,208.60 1,220.10 1,116.00 918.40 790.30
Return on Capital Employed n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a		 n/a
n/a
Invested Equity Capital £ (Millions) 2,075.40 2,095.00 1,134.10 936.60 842.20
           
Earnings per Share - Basic 86.90p
84.86p		 92.90p
91.04p		 99.80p
105.15p		 65.30p
65.31p		 43.10p
43.07p
Earnings per Share - Diluted 86.10p
84.08p		 92.10p
90.28p		 99.00p
104.24p		 64.90p
64.86p		 42.80p
42.74p
Earnings per Share - Adjusted 94.70p 96.30p 107.30p 65.30p 43.10p
Earnings per Share Growth - Basic -6%
-7%		 -7%
-13%		 53%
61%		 52%
52%		 -30%
-30%
Earnings per Share Growth - Diluted -6%
-7%		 -7%
-13%		 52%
61%		 52%
52%		 -30%
-30%
Earnings per Share Growth - Adjusted -2% -10% 64% 52% -30%
PE Ratio - Diluted 7.8
8.0		 7.8
7.9		 8.7
8.2		 11.8
11.8		 12.8
12.8
PEG - Diluted n/a
n/a		 n/a
n/a		 0.2
0.1		 0.2
0.2		 n/a
n/a
Tax Rate 19.05% 16.88% 17.35% 18.76% 18.53%
Dividend Cover 2.10
1.88		 2.18
2.06		 2.48
2.43		 1.51
1.51		 1.00
1.00
Interest Cover 28.77
28.73		 33.23
35.20		 76.59
79.92		 51.15
51.15		 49.58
49.58
           
Continuing & Discontinued Operations          
Earnings per Share - Basic 87.20p
85.17p		 118.20p
116.33p		 1.02p
1.07p		 65.30p
65.31p		 43.10p
43.07p
Earnings per Share - Diluted 86.40p
84.39p		 117.20p
115.35p		 1.01p
1.06p		 64.90p
64.86p		 42.80p
42.74p
Earnings per Share - Adjusted 94.70p 96.30p 1.08p 65.30p 43.10p
Earnings per Share Growth - Basic -26%
-27%		 11,528%
10,768%		 -98%
-98%		 52%
52%		 -30%
-30%
Earnings per Share Growth - Diluted -26%
-27%		 11,522%
10,770%		 -98%
-98%		 52%
52%		 -30%
-30%
Earnings per Share Growth - Adjusted -2% 8,791% -98% 52% -30%
PE Ratio - Diluted 7.8
8.0		 6.1
6.2		 849.9
807.6		 11.8
11.8		 12.8
12.8
PEG - Diluted n/a
n/a		 0.0
0.0		 n/a
n/a		 0.2
0.2		 n/a
n/a
Dividend Cover 2.10
1.88		 2.18
2.63		 0.03
0.02		 1.51
1.51		 1.00
1.00
Return on Equity (ROE) 17.59%
17.18%		 24.05%
23.67%		 0.33%
0.35%		 25.67%
25.67%		 18.80%
18.80%
Operating Cash Flow per Share 42.90p 167.07p 132.86p 79.47p 59.42p
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share (107.60p) 139.58p 0.51p 30.24p 22.12p
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share 45.20p 44.20p 43.20p 43.20p 43.20p
Dividend per Share Growth 2.26% 2.31% n/a n/a n/a
Dividend Yield 6.7% 6.2% 5.0% 5.6% 7.9%
Shareholders Funds 2,014.60 2,027.80 1,133.30 935.90 841.80
Net Borrowings £ (Millions) (777.80) (1,224.50) (533.30) (357.20) (273.70)
Net Asset Value per Share (inc. Intangibles) 269.19p 265.31p 269.06p 214.27p 187.80p

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - inc Intangibles 31-May-23 31-May-22 31-May-21 31-May-20 31-May-19
Shareholders' Funds inc Intangibles 2,014.60 2,027.80 1,133.30 935.90 841.80
Net Borrowings £ (Millions) (777.80) (1,224.50) (533.30) (357.20) (273.70)
Net Gearing (38.61%) (60.39%) (47.06%) (38.17%) (32.51%)
Cash & Near Cash 798.50 1,246.40 655.20 486.20 373.30
Cash 39.64% 61.47% 57.81% 51.95% 44.35%
Gross Borrowings 20.70 21.90 121.90 129.00 99.60
Gross Gearing 1.03% 1.08% 10.76% 13.78% 11.83%
Borrowings Under 5 years 20.70 21.90 121.90 129.00 99.60
Under 5 years 1.03% 1.08% 10.76% 13.78% 11.83%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Gearing - exc Intangibles 31-May-23 31-May-22 31-May-21 31-May-20 31-May-19
Shareholders' Funds exc Intangibles 1,127.10 1,131.00 993.30 788.70 690.30
Net Borrowings £ (Millions) (777.80) (1,224.50) (533.30) (357.20) (273.70)
Net Gearing (69.01%) n/a (53.69%) (45.29%) (39.65%)
Cash & Near Cash 798.50 1,246.40 655.20 486.20 373.30
Cash 70.85% 110.20% 65.96% 61.65% 54.08%
Gross Borrowings 20.70 21.90 121.90 129.00 99.60
Gross Gearing 1.84% 1.94% 12.27% 16.36% 14.43%
Borrowings Under 5 years 20.70 21.90 121.90 129.00 99.60
Under 5 years 1.84% 1.94% 12.27% 16.36% 14.43%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Cover 31-May-23 31-May-22 31-May-21 31-May-20 31-May-19
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio 2.72 2.78 2.82 4.20 4.19

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

Top of Page