ISentia FVE Cut to AUD 1.90 Following Kitchen Sink Downgrade; Stewardship Downgraded to Poor
We have cut our fair value estimate for no-moat-rated iSentia by 16% to AUD 1.90 per share and downgraded our stewardship rating to Poor following the company’s third profit guidance downgrade within a year. Despite iSentia’s claims of long client tenure and low client churn, these metrics apparently don’t equate to pricing power. Our forecast revenue CAGR over the next decade has fallen to 3.5% from 4.8%, with our average EBIT margin over the same period falling to 21% from 23%.Although the 6%...
Isentia and its subsidiaries are engaged in the provision of media intelligence services via media database, media release distribution, media monitoring, social media monitoring, media analysis and content marketing. Co.'s operating segments include Software-as-a-Service ('SaaS'), Value Added Services ('VAS') and Content marketing. The SaaS segment includes developing and hosting SaaS platforms to access information, analyze and report to media intelligence. VAS segment includes social media insights and monitoring, customized quantitative and qualitative analysis. Content marketing segment includes the development of comprehensive content marketing strategies and engaging digital content.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.