Risk factor
Very poor trading liquidity
Profitability factor
Very strong margins and returns
About
Intercede Group plc is a cybersecurity company dedicated to ensuring digital trust through its expertise in identity, credential management, and secure mobile solutions. Operating across the UK, Europe, the United States, and internationally, the company offers a suite of specialized products. Key among these is MyID, a credential management system designed to facilitate the deployment of cyber-secure digital identities onto various protected devices. For enterprises, MyID Professional delivers an identity management software solution aimed at bolstering security by replacing vulnerable passwords with robust user authentication methods, such as smart cards or USB tokens integrated with public key infrastructure certificates. Large organizations and government bodies benefit from MyID Enterprise, a comprehensive software platform for the broad deployment and administration of digital identities across secure devices. Additionally, MyID PIV provides a tailored software solution for federal agencies to issue and manage secure digital identities for their employees. Intercede serves a broad range of sectors, including government and federal bodies, aerospace and defense, finance and banking, healthcare and critical infrastructure, energy and utilities, manufacturing and industry, and military and police institutions. Founded in 1992, the company was originally known as Optionsilver plc before adopting the name Intercede Group plc in December 2000, and is headquartered in Lutterworth, United Kingdom.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of IGP.L is 107 and suggests 20.4% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d