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IVE Group Ltd.
(Sydney:IGL)
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Rating:55Neutral
Price Target:
AU$2.50
▼(-8.09% Downside)
Action:Reiterated
Date:08/27/26
The score is primarily held back by financial risk from a debt-heavy balance sheet (with a notable 2026 debt step-up) and uneven profit drivers in a flat-to-down revenue environment, despite improved cash generation versus 2023. Technical indicators also lean weak with the stock trading below key short-term averages and subdued momentum. Offsetting these risks, valuation is a clear positive due to the low P/E and high dividend yield.
Positive Factors
Profitability recovery
Profitability has recovered from the 2023 trough, indicating that the business can restore earnings after a weaker period. This provides a stronger operating base for the next several quarters, although the recovery remains tempered by modest margins and inconsistent year-to-year performance.
Negative Factors
Debt-heavy balance sheet
Elevated leverage and the sharp 2026 debt step-up reduce financial flexibility and increase sensitivity to any operating slowdown. More debt can absorb a larger share of future cash generation, limiting room for investment or resilience if profitability weakens.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability recovery
Profitability has recovered from the 2023 trough, indicating that the business can restore earnings after a weaker period. This provides a stronger operating base for the next several quarters, although the recovery remains tempered by modest margins and inconsistent year-to-year performance.
Read all positive factors
IVE Group Ltd. (IGL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$344.96M
Dividend Yield8.22%
Average Volume (3M)204.25K
Price to Earnings (P/E)9.2
Beta (1Y)0.84
Revenue Growth-1.82%
EPS Growth-19.36%
CountryAU
Employees2,000
SectorCommunication Services
Sector Strength97
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)0.25
Shares Outstanding153,316,220
10 Day Avg. Volume334,526
30 Day Avg. Volume204,254
Financial Highlights & Ratios
PEG Ratio-0.59
Price to Book (P/B)2.00
Price to Sales (P/S)0.46
P/FCF Ratio9.53
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$3.10Price Target Upside13.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.3
Revenue Forecast (FY)AU$979.70M
IVE Group Ltd. Business Overview & Revenue Model
Company Description
IVE Group Limited, together with its subsidiaries, engages in the marketing business in Australia. The company offers conceptual and creative design across print, mobile, and interactive media; and personalised communications, including marketing ...
How the Company Makes Money
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IVE Group Ltd. Financial Statement Overview
Summary
Income Statement
60
Neutral
Balance Sheet
45
Neutral
Cash Flow
58
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 941.77M | 959.25M | 972.82M | 970.21M | 758.98M |
| Gross Profit | 256.35M | 473.81M | 233.34M | 214.53M | 181.41M |
| EBITDA | 141.38M | 132.34M | 107.89M | 91.03M | 90.55M |
| Net Income | 37.43M | 46.71M | 27.61M | 17.15M | 26.93M |
Balance Sheet | |||||
| Total Assets | 987.62M | 663.86M | 664.83M | 675.28M | 656.93M |
| Cash, Cash Equivalents and Short-Term Investments | 44.09M | 50.07M | 48.76M | 44.86M | 67.03M |
| Total Debt | 497.67M | 272.44M | 290.93M | 299.92M | 258.68M |
| Total Liabilities | 769.71M | 451.19M | 470.25M | 481.72M | 474.36M |
| Stockholders Equity | 217.91M | 212.67M | 194.58M | 193.56M | 182.57M |
Cash Flow | |||||
| Free Cash Flow | 45.75M | 79.34M | 87.35M | 11.86M | 55.93M |
| Operating Cash Flow | 84.09M | 107.37M | 102.09M | 23.23M | 71.68M |
| Investing Cash Flow | -69.54M | -29.23M | -43.05M | -25.48M | -20.44M |
| Financing Cash Flow | -20.18M | -76.85M | -55.12M | -20.00M | -90.62M |
IVE Group Ltd. Technical Analysis
Negative
2.72
Price Trends
2.44
Negative
2.57
Negative
2.59
Negative
Market Momentum
-0.05
Negative
39.30
Neutral
19.91
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IGL, the sentiment is Negative. The current price of 2.72 is above the 20-day moving average (MA) of 2.32, above the 50-day MA of 2.44, and above the 200-day MA of 2.59, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 39.30 is Neutral, neither overbought nor oversold. The STOCH value of 19.91 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IGL.
IVE Group Ltd. Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$272.71M | 15.13 | 10.76% | 3.94% | 15.47% | 60.30% | |
70 Outperform | AU$949.38M | 12.11 | 12.36% | 10.38% | 0.59% | 19.69% | |
69 Neutral | AU$27.87B | 20.89 | 28.80% | 3.12% | 0.86% | 7.65% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | AU$196.04M | 54.36 | 11.79% | 0.91% | 18.25% | 2.90% | |
55 Neutral | AU$344.96M | 9.16 | 17.00% | 8.22% | -1.82% | -19.36% |
* Communication Services Sector Average
AU:IGL
IVE Group Ltd.
2.25
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-57.17%
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3.71
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9.67%
IVE Group Ltd. Corporate Events
IVE Group publishes 2026 annual report for shareholders
Oct 26, 2026
IVE Group Limited has released its 2026 Annual Report, which will be mailed to shareholders and made available through its usual investor channels. The report outlines the company’s performance and operations over the past year, providing ke...
IVE Group Sets 2026 AGM, Board Urges Support for Resolutions
Oct 26, 2026
IVE Group Limited has issued its notice of meeting and proxy form for the 2026 Annual General Meeting, which has been dispatched to shareholders. The AGM is scheduled for 25 November 2026 at KPMG’s offices in Sydney, with shareholders encour...
IVE Group Updates Market on Progress of On-Market Share Buy-Back
Oct 21, 2026
IVE Group Ltd. has issued an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. The latest daily buy-back report, dated 22 October 2026, confirms that 65,702 shares were repur...
IVE Group Continues Daily On-Market Share Buy-Back Program
Oct 19, 2026
IVE Group Limited has reported an update to its ongoing on-market share buy-back program for its ordinary fully paid shares on the ASX, coded IGL. The company disclosed that a total of 3,442,882 shares had been repurchased prior to the latest trad...
IVE Group Issues New Employee Share Rights Under Incentive Scheme
Oct 14, 2026
IVE Group Ltd. has notified the market of the issue of 106,750 unquoted ESSSP Share Rights under its employee incentive scheme. The new securities, which are not intended to be quoted on the ASX, were issued on 6 October 2026 and reflect the compa...
IVE Group Continues On-Market Share Buy-Back Program
Oct 13, 2026
IVE Group Limited has updated the market with a daily notification on its on-market share buy-back program, covering its ordinary fully paid shares listed under the ASX code IGL. The company reported that a total of 3,272,056 shares had been repur...
IVE Group Seeks ASX Quotation for New Employee Incentive Shares
Oct 12, 2026
IVE Group Ltd., a diversified marketing and communications services provider listed on the ASX, has moved to enhance its capital market presence with an additional quotation of ordinary fully paid shares. The company services major corporate and i...
IVE Group Updates Market on Progress of On-Market Share Buy-Back
Oct 6, 2026
IVE Group Ltd has provided an update on its on-market share buy-back program for its ordinary fully paid shares listed under the ASX code IGL. The company reported that a total of 3,230,447 shares had been bought back before the previous trading d...
IVE Group Director Increases Equity Stake via Fee Sacrifice Plan
Oct 5, 2026
IVE Group Limited has disclosed a change in director Catherine Aston’s interests, noting her acquisition of 9,225 Non-Executive Director (NED) Fee Sacrifice Share Rights at $2.71 per right. This increases her holding to 20,000 fully paid ord...
IVE Group Director Increases Stake via Fee Sacrifice Share Rights
Oct 5, 2026
IVE Group Limited has disclosed a change in the interests of non-executive director Sandra Hook, who holds her stake indirectly through Itraveltree Media Pty Ltd as trustee for the DST Trust, of which she is a beneficiary. Prior to the transaction...
IVE Group Director Boosts Stake via Fee Sacrifice Share Rights
Oct 5, 2026
IVE Group non-executive director Gavin Bell has increased his indirect interest in the company through the issue of 5,535 Non-Executive Director (NED) Fee Sacrifice Share Rights, priced at $2.71 per right. The new securities, held via Spurca Pty L...
IVE Group boosts director equity through incentive share issuance
Oct 5, 2026
IVE Group Limited has disclosed a change in the shareholding of director Matthew Aitken, reflecting its ongoing use of equity-based incentives in the marketing and communications sector. The company continues to align executive remuneration with s...
IVE Group Issues NED Fee Sacrifice Share Rights Under Incentive Scheme
Oct 5, 2026
IVE Group Limited has announced the issue of new unquoted equity securities in the form of NED Fee Sacrifice Share Rights. The allocation covers 25,830 share rights to non-executive directors, issued on September 30, 2026, as part of the company&#...
IVE Group Continues On-Market Share Buy-Back With Daily ASX Update
Oct 4, 2026
IVE Group Ltd. has provided an updated notification to the ASX confirming the continuation of its on-market share buy-back program for its ordinary fully paid shares, trading under the code IGL. The latest daily update reports that a cumulative 3,...
IVE Group Continues On‑Market Share Buy‑Back With Latest Daily Update
Oct 1, 2026
IVE Group Limited has been conducting an on-market share buy-back of its ordinary fully paid shares under a program first notified on 24 February 2025, reflecting active capital management. The company reported that as of the latest daily update o...
IVE Group Continues On-Market Share Buy-Back Program
Sep 30, 2026
IVE Group Limited has issued an updated notification to the ASX confirming the continuation of its on-market share buy-back program for its ordinary fully paid shares under code IGL. The latest daily filing, dated 1 October 2026, reports that 41,6...
IVE Group Adds 122,199 Shares Under Employee Incentive Scheme
Sep 30, 2026
IVE Group Limited has applied for quotation on the ASX of 122,199 ordinary fully paid shares under its existing issuer code IGL. The new securities were issued on September 30, 2026, and form part of the company’s employee incentive arrangem...
IVE Group Continues On-Market Share Buy-Back Program
Sep 29, 2026
IVE Group Limited has issued an update on its on-market share buy-back program, confirming continued repurchases of its ordinary fully paid shares under the ASX code IGL. The latest notification, dated 30 September 2026, reports that a cumulative ...
IVE Group Updates Market on Progress of On-Market Share Buy-Back
Sep 27, 2026
IVE Group Ltd. has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares, trading under the code IGL. The update reflects routine disclosure obligations as the company...
IVE Group Signs Scheme Deed to Acquire Motio
Sep 21, 2026
IVE Group Limited and Motio Ltd have entered into a Scheme Implementation Deed outlining the terms under which IVE will acquire Motio via a court-approved scheme of arrangement. The deed sets out detailed provisions covering consideration, impleme...
IVE Group plans Motio acquisition to expand into digital place-based media
Sep 20, 2026
IVE Group Ltd. has outlined a proposed acquisition of Motio Limited as part of a strategic expansion into owned digital place-based media. The move signals an effort to broaden IVE’s capabilities beyond its established print and traditional ...
IVE Group to enter digital out-of-home media with $20.7m Motio acquisition
Sep 20, 2026
IVE Group has moved to enter the fast-growing digital out-of-home media market through a binding deal to acquire Motio Limited, a place-based media owner with more than 1,300 digital screens across about 1,000 high-dwell locations such as medical ...
IVE Group moves to acquire Motio in all‑cash premium deal
Sep 20, 2026
IVE Group has agreed a scheme implementation deed to acquire 100% of Motio Ltd’s shares and certain class options via separate schemes of arrangement, offering shareholders 6 cents per share in cash and option holders 0.6 cents per option. T...
IVE Group sets November 2026 date for Annual General Meeting
Sep 14, 2026
IVE Group Limited has scheduled its 2026 Annual General Meeting for 25 November 2026, notifying the market in line with ASX Listing Rule requirements. The company has set 22 September 2026 as the deadline for director nominations and will provide ...
IVE Group updates market on director Matthew Aitken’s equity holdings
Aug 28, 2026
IVE Group Limited has disclosed a change in the interests of director Matthew Aitken, following the vesting of equity awards under the company’s incentive arrangements. The update details movements in Aitken’s holdings of fully paid or...
IVE Group Flags Lapse of 22,119 Performance Rights
Aug 28, 2026
IVE Group Limited has notified the market of a change in its issued capital, advising that a tranche of performance rights has ceased. The announcement relates to IGLAA performance rights, which are part of the company’s equity-based incenti...
IVE Group Seeks ASX Quotation for 669,055 Employee Incentive Shares
Aug 26, 2026
IVE Group Ltd. has applied to the ASX for quotation of 669,055 ordinary fully paid shares, with an issue date of August 26, 2026. The shares relate to securities previously issued under an employee incentive scheme for which transfer restrictions ...
IVE Group Files 2026 Corporate Governance Statement and Appendix 4G
Aug 26, 2026
IVE Group Limited has lodged its Appendix 4G and corporate governance statement for the year ended 30 June 2026, confirming full adherence to key ASX Corporate Governance Council principles. The statement, current as of 26 August 2026, details its...
IVE Group Maps FY26 Results Framework and Expansion Strategy
Aug 26, 2026
IVE Group has outlined its FY26 results framework, focusing on underlying financial performance including profit and loss, balance sheet strength, capital expenditure, cash flow and dividends. These elements highlight the company’s intention...
IVE Group Declares Interim Dividend of AUD 0.09 Per Share
Aug 26, 2026
IVE Group Ltd., the ASX-listed marketing and communications services provider, has declared a dividend on its ordinary fully paid shares, reflecting its ongoing capital return policy to shareholders.The company announced a distribution of AUD 0.09...
IVE Group lifts margins and dividend as 2030 strategy advances despite softer revenue
Aug 26, 2026
IVE Group delivered a solid FY26 performance in line with guidance despite softer revenue in a challenging macroeconomic environment, highlighting margin expansion and continued execution of its 2030 strategy. The company integrated three acquisit...
IVE Group Profit Falls as Revenue and Asset Backing Slip but Dividends Held
Aug 26, 2026
IVE Group Limited reported a 1.8% decline in revenue to $941.8 million for the year ended 30 June 2026, compared with $959.2 million a year earlier. Profit from ordinary activities after tax attributable to members fell 19.8% to $37.4 million, hig...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.