(IPS) Ipsos - Overview
Sector: Industrials | Industry: Consulting Services | Exchange: PA (France) | Market Cap: 1.556m EUR | Total Return: -11.2% in 12m
Avg Turnover: 2.11M
Warnings
Choppy
Tailwinds
Idiosyncratic Leader
Ipsos SA is a France-based global provider of survey-based research and data analytics, operating across major markets in Europe, the Americas, and Asia-Pacific. The company manages the full information lifecycle, from data collection and processing to AI-driven modeling and behavioral science analysis. Its service portfolio spans brand health tracking, customer experience, public affairs, and healthcare-specific research.
The business model relies on a mix of traditional qualitative methodologies and proprietary digital platforms, such as Ipsos.Digital, which allows clients to execute automated self-service research. As part of the professional services sector, Ipsos operates in a highly fragmented industry where value is increasingly derived from the integration of big data analytics and machine learning into traditional polling frameworks. The company maintains a diversified client base to mitigate cyclical shifts in corporate marketing budgets.
Investors may find it useful to review ValueRay for deeper insights into the companys valuation metrics.
- Global corporate marketing budget shifts dictate organic revenue growth trends
- Public affairs and social research contracts provide defensive revenue stability
- Integration of AI and data science improves operational service margins
- Currency fluctuations impact reported earnings across diverse geographic segments
- Expansion of digital self-service platforms drives scalable market share gains
| Net Income: 364.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.14 > 0.02 and ΔFCF/TA 3.88 > 1.0 |
| NWC/Revenue: 9.11% < 20% (prev 9.29%; Δ -0.18% < -1%) |
| CFO/TA 0.20 > 3% & CFO 630.1m > Net Income 364.5m |
| Net Debt (602.7m) to EBITDA (778.6m): 0.77 < 3 |
| Current Ratio: 1.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.8m) vs 12m ago -1.41% < -2% |
| Gross Margin: 42.79% > 18% (prev 0.20%; Δ 4.26k% > 0.5%) |
| Asset Turnover: 150.5% > 50% (prev 133.4%; Δ 17.07% > 0%) |
| Interest Coverage Ratio: 17.26 > 6 (EBITDA TTM 778.6m / Interest Expense TTM 34.7m) |
| A: 0.13 (Total Current Assets 1.13b - Total Current Liabilities 731.7m) / Total Assets 3.08b |
| B: 0.06 (Retained Earnings 186.6m / Total Assets 3.08b) |
| C: 0.21 (EBIT TTM 598.3m / Avg Total Assets 2.92b) |
| D: -0.03 (Book Value of Equity -51.2m / Total Liabilities 1.51b) |
| Altman-Z'' = 2.39 = BBB |
| DSRI: 0.88 (Receivables 724.0m/691.7m, Revenue 4.39b/3.67b) |
| GMI: 0.48 (GM 42.79% / 20.47%) |
| AQI: 1.02 (AQ_t 0.58 / AQ_t-1 0.57) |
| SGI: 1.19 (Revenue 4.39b / 3.67b) |
| TATA: -0.09 (NI 364.5m - CFO 630.1m) / TA 3.08b) |
| Beneish M = -3.54 (Cap -4..+1) = AAA |
As of May 29, 2026, the stock is trading at EUR 38.12 with a total of 61,319 shares traded.
Over the past week, the price has changed by +5.01%,
over one month by +9.04%,
over three months by +10.62% and
over the past year by -11.19%.
Ipsos has no consensus analysts rating.
P/E Trailing = 8.6089
P/E Forward = 6.4475
P/S = 0.6164
P/B = 0.9928
P/EG = 1.4433
Revenue TTM = 4.39b EUR
EBIT TTM = 598.3m EUR
EBITDA TTM = 778.6m EUR
Long Term Debt = 507.8m EUR (from longTermDebt, last quarter)
Short Term Debt = 62.7m EUR (from shortTermDebt, last quarter)
Debt = 920.3m EUR (from shortLongTermDebtTotal, last quarter) + Leases 139.1m
Net Debt = 602.7m EUR (calculated: Debt 920.3m - CCE 317.6m)
Enterprise Value = 2.16b EUR (1.56b + Debt 920.3m - CCE 317.6m)
Interest Coverage Ratio = 17.26 (Ebit TTM 598.3m / Interest Expense TTM 34.7m)
EV/FCF = 5.15x (Enterprise Value 2.16b / FCF TTM 419.2m)
FCF Yield = 19.42% (FCF TTM 419.2m / Enterprise Value 2.16b)
FCF Margin = 9.55% (FCF TTM 419.2m / Revenue TTM 4.39b)
Net Margin = 8.31% (Net Income TTM 364.5m / Revenue TTM 4.39b)
Gross Margin = 42.79% ((Revenue TTM 4.39b - Cost of Revenue TTM 2.51b) / Revenue TTM)
Gross Margin QoQ = 25.42% (prev 68.39%)
Tobins Q-Ratio = 0.70 (Enterprise Value 2.16b / Total Assets 3.08b)
Interest Expense / Debt = 3.77% (Interest Expense 34.7m / Debt 920.3m)
Taxrate = 25.78% (46.7m / 181.0m)
NOPAT = 444.1m (EBIT 598.3m * (1 - 25.78%))
Current Ratio = 1.55 (Total Current Assets 1.13b / Total Current Liabilities 731.7m)
Debt / Equity = 0.59 (Debt 920.3m / totalStockholderEquity, last quarter 1.57b)
Debt / EBITDA = 0.77 (Net Debt 602.7m / EBITDA 778.6m)
Debt / FCF = 1.44 (Net Debt 602.7m / FCF TTM 419.2m)
Total Stockholder Equity = 1.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.50% (Net Income 364.5m / Total Assets 3.08b)
RoE = 24.40% (Net Income TTM 364.5m / Total Stockholder Equity 1.49b)
RoCE = 29.89% (EBIT 598.3m / Capital Employed (Equity 1.49b + L.T.Debt 507.8m))
RoIC = 21.23% (NOPAT 444.1m / Invested Capital 2.09b)
WACC = 5.58% (E(1.56b)/V(2.48b) * Re(7.23%) + D(920.3m)/V(2.48b) * Rd(3.77%) * (1-Tc(0.26)))
Discount Rate = 7.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -73.33 | Cagr: -1.53%
[DCF] Terminal Value 77.97% ; FCFF base≈358.7m ; Y1≈411.2m ; Y5≈605.2m
[DCF] Fair Price = 200.9 (EV 9.11b - Net Debt 602.7m = Equity 8.50b / Shares 42.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: -75.68 | Revenue CAGR: -9.28% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=5.17 | Chg30d=N/A | Revisions=N/A | GrowthEPS=-5.9% | GrowthRev=+1.5%
EPS next Year (2027-12-31): EPS=5.68 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+9.7% | GrowthRev=+2.7%