ISSUER DIRECT CORP (ISDR)
US46520M2044 - Common Stock
We assign a fundamental rating of 3 out of 10 to ISDR. ISDR was compared to 280 industry peers in the Software industry. ISDR has a medium profitability rating, but doesn't score so well on its financial health evaluation. ISDR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ISDR had positive earnings in the past year.
ISDR had a positive operating cash flow in the past year.
ISDR had positive earnings in each of the past 5 years.
ISDR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ISDR has a Return On Assets (-2.15%) which is comparable to the rest of the industry.
ISDR has a Return On Equity (-3.75%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 0.41%, ISDR is in the better half of the industry, outperforming 63.00% of the companies in the same industry.
ISDR had an Average Return On Invested Capital over the past 3 years of 4.56%. This is significantly below the industry average of 12.15%.
The last Return On Invested Capital (0.41%) for ISDR is well below the 3 year average (4.56%), which needs to be investigated, but indicates that ISDR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.15% | ||
| ROE | -3.75% | ||
| ROIC | 0.41% |
ROA(3y)4.16%
ROA(5y)4.13%
ROE(3y)6.13%
ROE(5y)5.7%
ROIC(3y)4.56%
ROIC(5y)4.12%
1.3 Margins
ISDR's Profit Margin has declined in the last couple of years.
ISDR has a better Operating Margin (1.14%) than 63.37% of its industry peers.
ISDR's Operating Margin has been stable in the last couple of years.
ISDR has a better Gross Margin (75.11%) than 66.30% of its industry peers.
In the last couple of years the Gross Margin of ISDR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.14% | ||
| PM (TTM) | N/A | ||
| GM | 75.11% |
OM growth 3Y-16.6%
OM growth 5Y0.64%
PM growth 3Y-41.34%
PM growth 5Y-17.16%
GM growth 3Y2.51%
GM growth 5Y1.39%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ISDR is destroying value.
The number of shares outstanding for ISDR has been increased compared to 1 year ago.
The number of shares outstanding for ISDR has been reduced compared to 5 years ago.
ISDR has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that ISDR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ISDR (1.49) is worse than 62.64% of its industry peers.
ISDR has a debt to FCF ratio of 7.06. This is a slightly negative value and a sign of low solvency as ISDR would need 7.06 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.06, ISDR is in line with its industry, outperforming 52.01% of the companies in the same industry.
A Debt/Equity ratio of 0.47 indicates that ISDR is not too dependend on debt financing.
ISDR's Debt to Equity ratio of 0.47 is on the low side compared to the rest of the industry. ISDR is outperformed by 67.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 7.06 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.04
WACC10.5%
2.3 Liquidity
ISDR has a Current Ratio of 0.80. This is a bad value and indicates that ISDR is not financially healthy enough and could expect problems in meeting its short term obligations.
ISDR has a worse Current ratio (0.80) than 83.15% of its industry peers.
ISDR has a Quick Ratio of 0.80. This is a bad value and indicates that ISDR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.80, ISDR is not doing good in the industry: 82.78% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
The earnings per share for ISDR have decreased strongly by -52.67% in the last year.
Measured over the past years, ISDR shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.51% on average per year.
ISDR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.64%.
Measured over the past years, ISDR shows a quite strong growth in Revenue. The Revenue has been growing by 18.59% on average per year.
EPS 1Y (TTM)-52.67%
EPS 3Y10.84%
EPS 5Y-3.51%
EPS Q2Q%-37.04%
Revenue 1Y (TTM)-11.64%
Revenue growth 3Y21.68%
Revenue growth 5Y18.59%
Sales Q2Q%-8.14%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-41.03%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-13.11%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.73, the valuation of ISDR can be described as correct.
Based on the Price/Earnings ratio, ISDR is valued cheaply inside the industry as 89.38% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.41. ISDR is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 12.10 indicates a correct valuation of ISDR.
91.58% of the companies in the same industry are more expensive than ISDR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ISDR to the average of the S&P500 Index (23.69), we can say ISDR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.73 | ||
| Fwd PE | 12.1 |
4.2 Price Multiples
89.74% of the companies in the same industry are more expensive than ISDR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, ISDR is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.88 | ||
| EV/EBITDA | 12.93 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ISDR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ISSUER DIRECT CORP
NYSEARCA:ISDR (1/3/2025, 8:04:00 PM)
9.13
+0.11 (+1.22%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners41.62%
Inst Owner Change7.19%
Ins Owners19.4%
Ins Owner Change1.24%
Market Cap34.97M
Analysts82.86
Price Target13.26 (45.24%)
Short Float %0.22%
Short Ratio0.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.98%
Min EPS beat(2)-16.67%
Max EPS beat(2)2.71%
EPS beat(4)1
Avg EPS beat(4)-32.59%
Min EPS beat(4)-72.95%
Max EPS beat(4)2.71%
EPS beat(8)3
Avg EPS beat(8)-20.72%
EPS beat(12)5
Avg EPS beat(12)-9.15%
EPS beat(16)7
Avg EPS beat(16)-0.32%
Revenue beat(2)0
Avg Revenue beat(2)-2.81%
Min Revenue beat(2)-4.53%
Max Revenue beat(2)-1.08%
Revenue beat(4)0
Avg Revenue beat(4)-9.03%
Min Revenue beat(4)-20.63%
Max Revenue beat(4)-1.08%
Revenue beat(8)1
Avg Revenue beat(8)-7.46%
Revenue beat(12)2
Avg Revenue beat(12)-6.46%
Revenue beat(16)5
Avg Revenue beat(16)-3.37%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.54%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-12.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.73 | ||
| Fwd PE | 12.1 | ||
| P/S | 1.2 | ||
| P/FCF | 14.88 | ||
| P/OCF | 11.41 | ||
| P/B | 0.99 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.93 |
EPS(TTM)0.62
EY6.79%
EPS(NY)0.75
Fwd EY8.27%
FCF(TTM)0.61
FCFY6.72%
OCF(TTM)0.8
OCFY8.76%
SpS7.61
BVpS9.21
TBVpS-3.93
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.15% | ||
| ROE | -3.75% | ||
| ROCE | 0.68% | ||
| ROIC | 0.41% | ||
| ROICexc | 0.45% | ||
| ROICexgc | N/A | ||
| OM | 1.14% | ||
| PM (TTM) | N/A | ||
| GM | 75.11% | ||
| FCFM | 8.06% |
ROA(3y)4.16%
ROA(5y)4.13%
ROE(3y)6.13%
ROE(5y)5.7%
ROIC(3y)4.56%
ROIC(5y)4.12%
ROICexc(3y)10.86%
ROICexc(5y)10.28%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)8.05%
ROCE(5y)6.94%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-39.51%
ROICexc growth 5Y-14.74%
OM growth 3Y-16.6%
OM growth 5Y0.64%
PM growth 3Y-41.34%
PM growth 5Y-17.16%
GM growth 3Y2.51%
GM growth 5Y1.39%
F-Score3
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 7.06 | ||
| Debt/EBITDA | 4.9 | ||
| Cap/Depr | 23.36% | ||
| Cap/Sales | 2.45% | ||
| Interest Coverage | 0.26 | ||
| Cash Conversion | 90.41% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 1.49 |
F-Score3
WACC10.5%
ROIC/WACC0.04
Cap/Depr(3y)15.88%
Cap/Depr(5y)15.21%
Cap/Sales(3y)1.02%
Cap/Sales(5y)1.18%
Profit Quality(3y)224.52%
Profit Quality(5y)246.78%
High Growth Momentum
Growth
EPS 1Y (TTM)-52.67%
EPS 3Y10.84%
EPS 5Y-3.51%
EPS Q2Q%-37.04%
EPS Next Y-41.03%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-11.64%
Revenue growth 3Y21.68%
Revenue growth 5Y18.59%
Sales Q2Q%-8.14%
Revenue Next Year-13.11%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-88.77%
EBIT growth 3Y1.49%
EBIT growth 5Y19.35%
EBIT Next Year58.31%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-46.25%
FCF growth 3Y-16.29%
FCF growth 5Y-1.78%
OCF growth 1Y-30.94%
OCF growth 3Y-11.31%
OCF growth 5Y1.3%