Why is IVE Group Limited (ASX:IGL) our small cap stock of the week?

Our small cap stock this week is IVE Group Lim­it­ed (ASX:IGL). IVE are a cre­ative design busi­ness, han­dling print, mobile and inter­ac­tive media. They’ve been around since 1921 and, accord­ing to their web­site, “are Aus­trali­a’s lead­ing holis­tic mar­ket­ing com­pa­ny.” On Tony’s check­list this week (using fig­ures down­loaded 2021-09-12) they have a very attrac­tive QAV Score of 0.38. Their ADT (aver­age dai­ly turnover) is $345K.

They scored high­ly for a num­ber of rea­sons:

• Their IV#2 is more than dou­ble the cur­rent share price ($1.68 at the time of the down­load). Which means we think the intrin­sic val­ue of their shares is dou­ble what you can cur­rent­ly buy them for. It’s like buy­ing a dol­lar for 50 cents.
• The con­sen­sus IV is also high­er than the cur­rent share price.
• Their div­i­dend yield is high­er than the cur­rent bank rate.
• Their growth/PE is greater than 1.5
• They have high share own­er­ship on the board.

So you might want to check them out this week.

Our rec­om­men­da­tions are based on the share price as of the date of the down­load. If the share price changes, this will affect the QAV score and its rank­ing on our buy list, so please take price changes into account before mak­ing any invest­ing deci­sions.

Please also note that this isn’t per­son­al finan­cial advice and you should con­sult a finan­cial plan­ner before mak­ing any invest­ment deci­sions.

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