We assign a fundamental rating of 7 out of 10 to IBEX. IBEX was compared to 88 industry peers in the IT Services industry. IBEX gets an excellent profitability rating and is at the same time showing great financial health properties. IBEX has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings could make IBEX a good candidate for value and growth and quality investing.

Quickly go to:

1. Profitability

2. Health

3. Growth

4. Valuation

5. Dividend

1. Profitability

1.1 Basic Checks

In the past year IBEX was profitable.
In the past year IBEX had a positive cash flow from operations.
Each year in the past 5 years IBEX has been profitable.
In the past 5 years IBEX always reported a positive cash flow from operatings.

1.2 Ratios

With an excellent Return On Assets value of 14.58%, IBEX belongs to the best of the industry, outperforming 93.18% of the companies in the same industry.
IBEX has a better Return On Equity (28.81%) than 89.77% of its industry peers.
IBEX has a better Return On Invested Capital (21.63%) than 94.32% of its industry peers.

		Industry Rank	Sector Rank
ROA	14.58%
ROE	28.81%
ROIC	21.63%

ROA(3y)N/A

ROA(5y)N/A

ROE(3y)N/A

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

With a decent Profit Margin value of 7.14%, IBEX is doing good in the industry, outperforming 73.86% of the companies in the same industry.
In the last couple of years the Profit Margin of IBEX has grown nicely.
IBEX's Operating Margin of 9.18% is fine compared to the rest of the industry. IBEX outperforms 68.18% of its industry peers.
IBEX's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 30.62%, IBEX perfoms like the industry average, outperforming 43.18% of the companies in the same industry.
In the last couple of years the Gross Margin of IBEX has remained more or less at the same level.

		Industry Rank	Sector Rank
OM	9.18%
PM (TTM)	7.14%
GM	30.62%

OM growth 3Y27.75%

OM growth 5Y12.6%

PM growth 3Y14.82%

PM growth 5Y27.95%

GM growth 3Y0.55%

GM growth 5YN/A

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), IBEX is creating value.
There is no outstanding debt for IBEX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.

2.2 Solvency

An Altman-Z score of 5.28 indicates that IBEX is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.28, IBEX belongs to the best of the industry, outperforming 80.68% of the companies in the same industry.
The Debt to FCF ratio of IBEX is 0.05, which is an excellent value as it means it would take IBEX, only 0.05 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.05, IBEX belongs to the best of the industry, outperforming 93.18% of the companies in the same industry.
IBEX has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.01, IBEX belongs to the top of the industry, outperforming 84.09% of the companies in the same industry.

		Industry Rank	Sector Rank
Debt/Equity	0.01
Debt/FCF	0.05
Altman-Z	5.28

ROIC/WACC2.28

WACC9.5%

2.3 Liquidity

A Current Ratio of 1.82 indicates that IBEX should not have too much problems paying its short term obligations.
IBEX has a Current ratio of 1.82. This is comparable to the rest of the industry: IBEX outperforms 56.82% of its industry peers.
IBEX has a Quick Ratio of 1.82. This is a normal value and indicates that IBEX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.82, IBEX perfoms like the industry average, outperforming 56.82% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	1.82
Quick Ratio	1.82

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 41.96% over the past year.
Measured over the past years, IBEX shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.04% on average per year.
IBEX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.86%.
The Revenue has been growing slightly by 6.62% on average over the past years.

EPS 1Y (TTM)41.96%

EPS 3Y28.16%

EPS 5Y41.04%

EPS Q2Q%73.08%

Revenue 1Y (TTM)12.86%

Revenue growth 3Y4.24%

Revenue growth 5Y6.62%

Sales Q2Q%16.55%

3.2 Future

IBEX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.72% yearly.
Based on estimates for the next years, IBEX will show a quite strong growth in Revenue. The Revenue will grow by 9.19% on average per year.

EPS Next Y22.95%

EPS Next 2Y13.72%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next Year12.81%

Revenue Next 2Y9.19%

Revenue Next 3YN/A

Revenue Next 5YN/A

3.3 Evolution

The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 11.70, which indicates a very decent valuation of IBEX.
Compared to the rest of the industry, the Price/Earnings ratio of IBEX indicates a rather cheap valuation: IBEX is cheaper than 85.23% of the companies listed in the same industry.
IBEX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.32.
Based on the Price/Forward Earnings ratio of 10.27, the valuation of IBEX can be described as reasonable.
90.91% of the companies in the same industry are more expensive than IBEX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 25.57. IBEX is valued rather cheaply when compared to this.

		Industry Rank	Sector Rank
PE	11.7
Fwd PE	10.27

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, IBEX is valued cheaply inside the industry as 88.64% of the companies are valued more expensively.
70.45% of the companies in the same industry are more expensive than IBEX, based on the Price/Free Cash Flow ratio.

		Industry Rank	Sector Rank
P/FCF	16.06
EV/EBITDA	6.81

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of IBEX may justify a higher PE ratio.
IBEX's earnings are expected to grow with 13.72% in the coming years. This may justify a more expensive valuation.