Yahoo Finance Should You Buy Ingenico Group – GCS (EPA:ING) At €075.12?
Ingenico Group – GCS (EPA:ING), a electronic company based in France, saw a double-digit share price rise of over 10% in the past couple of months on the ENXTPA. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Let’s take a look at Ingenico Group – GCS’s outlook and value based on the most recent financial data to see if the opportunity still exists. View out our latest analysis for Ingenico Group – GCS
What is Ingenico Group – GCS worth?
According to my valuation model, Ingenico Group – GCS seems to be fairly priced at around 9.89% below my intrinsic value, which means if you buy Ingenico Group – GCS today, you’d be paying a fair price for it. And if you believe that the stock is really worth €83.36, then there isn’t much room for the share price grow beyond what it’s currently trading. In addition to this, it seems like Ingenico Group – GCS’s share price is quite stable, which could mean there may be less chances to buy low in the future now that it’s fairly valued. This is because the stock is less volatile than the wider market given its low beta.
What kind of growth will Ingenico Group – GCS generate?
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 39.07% over the next couple of years, the future seems bright for Ingenico Group – GCS. It looks like higher cash flows is on the cards for the stock, which should feed into a higher share valuation.
What this means for you:
Are you a shareholder? It seems like the market has already priced in ING’s positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?
Are you a potential investor? If you’ve been keeping an eye on ING, now may not be the most optimal time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it’s worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
Price is just the tip of the iceberg. Dig deeper into what truly matters – the fundamentals – before you make a decision on Ingenico Group – GCS. You can find everything you need to know about Ingenico Group – GCS in the latest infographic research report. If you are no longer interested in Ingenico Group – GCS, you can use our free platform to see my list of over 50 other stocks with a high growth potential.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
