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Ignite Limited is a staffing & employment services business based in Australia. Ignite shares (IGN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Ignite has a trailing 12-month revenue of around $113.9 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.035 - $0.165 |
|---|---|
| 50-day moving average | $0.115 |
| 200-day moving average | $0.079 |
| Target price | $0.38 |
| PE ratio | 5.3704 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.027 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.125
| 1 week (2021-11-26) | -13.79% |
|---|---|
| 1 month (2021-11-04) | 0.125 |
| 3 months (2021-09-03) | 56.25% |
| 6 months (2021-06-04) | 95.31% |
| 1 year (2020-12-04) | 247.22% |
|---|---|
| 2 years (2019-12-04) | 131.48% |
| 5 years (2016-12-02) | 32.98% |
Valuing Ignite stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ignite 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ignite 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Ignite shares trade at around 5x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Ignite 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $88,000 (£46,573).
The EBITDA is a measure of a Ignite 's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $113.9 million |
|---|---|
| Operating margin TTM | 0.02% |
| Gross profit TTM | $13.5 million |
| Return on assets TTM | 0.11% |
| Return on equity TTM | 58.57% |
| Profit margin | 2.12% |
| Book value | 0.059 |
| Market capitalisation | $13 million |
TTM: trailing 12 months
We're not expecting Ignite to pay a dividend over the next 12 months.
Ignite 's shares were split on 2 September 2009.
Over the last 12 months, Ignite 's shares have ranged in value from as little as $0.035 up to $0.165. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Ignite 's is 3.8102. This would suggest that Ignite 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Ignite Limited, together with its subsidiaries, provides specialist recruitment, on-demand information technology, and people services in Australia and New Zealand. It offers contingent labour and permanent recruitment, and payroll services; and outsourced recruitment and human resource consulting services. The company is also involved in the provision of pre-qualified information technology resources to deliver on demand solutions. It serves IT, digital, accounting, finance, business support, information management, architecture, construction, engineering, professional services, human resources, legal, and sales and marketing industries, as well as federal government. The company was formerly known as Clarius Group Limited. Ignite Limited was incorporated in 1984 and is based in Sydney, Australia.
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