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Intercede Group plc (IGP.L)

GBp106.50 +1.50 (+1.43%)
GB LSE Technology Software - Application
Address Lutterworth Hall LE17 4PS
Lutterworth, GB
CEO Klaas Peter van der Leest
Website intercede.com
IPO 2001-01-08
ISIN GB0003287249

Explore sections of this company profile

Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
GBp106.50 +1.50 (+1.43%)
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Volume Profile
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Liquidity & share structure
Average Volume
209.5K
Beta
1.62
Float Shares
10.73M
Free Float %
17.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.43% +6.85% +12.50% +7.34% -11.70% -3.31% -30.36% +125.00% +20.00% +4.93% +45.70%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
106.50
DCF (Unlevered) 133.97 +25.8%
DCF (Levered) 181.77 +70.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
8.37
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Software - Application: +13.0%
    -3.2% Q1'26: -31.0% (vs Q1'24)
  • ✗
    EPS growth Software - Application: +28.6%
    -15.9% Q1'26: -50.4% (vs Q1'24)
  • ✓
    FCF margin FCF growth · Software - Application: +45.3%
    +12.3% Q1'26: +21.4% (vs Q1'24)
  • ✗
    EBIT margin Software - Application: +9.4%
    +19.6% ★ Q1'26: +24.8% (vs Q1'24)
  • ✓
    ROIC Software - Application: +7.5%
    +859.6% ★ Q1'26: +2,165.7% (vs Q1'24)
  • ✓
    Share dilution Software - Application: +0.0%
    -1.1% ★ Q1'26: -3.7% (vs Q1'24)
  • ✓
    Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    0.28× ★ Q1'26: 0.11× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.61) × ERP
WACC = 99% × Ke + 1% × Kd (14.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 133.97 Current price: 106.50
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2006
actual 		Mar 2007
actual 		Mar 2008
actual 		Mar 2010
actual 		Mar 2011
actual 		Mar 2012
actual 		Mar 2013
actual 		Mar 2015
actual 		Mar 2016
actual 		Mar 2017
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
1 Rev. Ana.
1 EPS Ana. 		Mar 2027
1 Rev. Ana.
1 EPS Ana. 		Mar 2028
1 Rev. Ana.
1 EPS Ana. 		Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
2.14M
est: 2.22M (-3.6%)
2.62M
est: 2.64M (-0.7%)
2.81M
est: 2.84M (-1.3%)
6.19M
est: 6.90M (-10.3%)
6.87M
est: 7.00M (-1.9%)
6.96M
est: 7.00M (-0.6%)
6.73M
est: 7.10M (-5.3%)
8.82M
est: 9.40M (-6.2%)
11.00M
est: 11.60M (-5.1%)
8.29M
est: 8.30M (-0.2%)
9.20M
est: 9.10M (+1.1%)
10.11M
est: 10.00M (+1.1%)
10.36M
est: 10.40M (-0.4%)
10.96M
est: 11.00M (-0.4%)
9.93M
est: 9.90M (+0.3%)
12.11M
est: 12.00M (+0.9%)
19.96M
est: 20.00M (-0.2%)
17.71M
est: 17.70M (+0.1%)
17.20M
17.20M – 17.20M
-2.8% YoY
21.00M
21.00M – 21.00M
+22.1% YoY
24.00M
24.00M – 24.00M
+14.3% YoY
27.00M
27.00M – 27.00M
+12.5% YoY
EBITDA
-297.0K
est: 414.5K (-171.6%)
-309.0K
est: -498.6K (+38.0%)
-23.0K
est: 519.5K (-104.4%)
567.0K
est: 1.26M (-55.1%)
2.06M
est: 1.28M (+60.6%)
977.0K
est: 1.28M (-23.7%)
-672.0K
est: 1.30M (-151.7%)
-1.59M
est: 1.75M (-190.5%)
-1.70M
est: 2.16M (-178.5%)
-4.51M
est: 1.55M (-391.6%)
-4.34M
est: 1.70M (-355.7%)
414.0K
est: 1.86M (-77.8%)
1.49M
est: 1.94M (-23.3%)
1.91M
est: 2.05M (-6.7%)
713.0K
est: 376.4K (+89.4%)
1.07M
est: 2.24M (-52.4%)
6.11M
est: 3.73M (+63.8%)
5.17M
est: 3.50M (+48.0%)
3.40M
3.40M – 3.40M
-2.8% YoY
4.15M
4.15M – 4.15M
+22.1% YoY
4.74M
4.74M – 4.74M
+14.3% YoY
5.33M
5.33M – 5.33M
+12.5% YoY
EBIT
-310.0K
est: 351.0K (-188.3%)
-324.0K
est: 408.5K (-179.3%)
-41.0K
est: 439.9K (-109.3%)
536.0K
est: 1.07M (-49.8%)
2.01M
est: 517.5K (+287.6%)
829.0K
est: 1.08M (-23.5%)
-764.0K
est: 1.10M (-169.5%)
-1.74M
est: 1.13M (-254.0%)
-1.89M
est: 1.83M (-202.9%)
-4.71M
est: -1.37M (-244.4%)
-4.50M
est: 1.44M (-412.9%)
70.0K
est: 1.58M (-95.6%)
1.17M
est: 1.64M (-28.7%)
1.60M
est: 1.74M (-8.0%)
406.0K
est: 1.39M (-70.8%)
701.0K
est: 1.59M (-55.8%)
5.66M
est: 3.16M (+79.2%)
4.68M
est: 2.97M (+57.4%)
2.89M
2.89M – 2.89M
-2.8% YoY
3.53M
3.53M – 3.53M
+22.1% YoY
4.03M
4.03M – 4.03M
+14.3% YoY
4.54M
4.54M – 4.54M
+12.5% YoY
Net Income
-358.0K
est: -585.1K (+38.8%)
-379.0K
est: -861.8K (+56.0%)
-87.0K
est: -228.1K (+61.9%)
496.0K
est: 3.36M (-85.2%)
2.00M
est: 2.60M (-23.1%)
677.0K
est: 823.8K (-17.8%)
-572.0K
est: -760.4K (+24.8%)
-1.31M
est: -1.37M (+4.7%)
-993.0K
est: -249.7K (-297.7%)
-3.89M
est: -5.74M (+32.3%)
-3.83M
est: -5.56M (+31.1%)
528.0K
est: -124.9K (+522.9%)
1.01M
est: 686.7K (+46.5%)
1.53M
est: 1.06M (+44.1%)
723.0K
est: 1.21M (-40.4%)
1.31M
est: 624.3K (+110.0%)
6.02M
est: 4.81M (+25.3%)
4.06M
est: 3.46M (+17.3%)
3.02M
3.02M – 3.02M
-12.5% YoY
3.76M
3.76M – 3.76M
+24.5% YoY
4.69M
4.69M – 4.69M
+24.6% YoY
5.92M
5.92M – 5.92M
+26.3% YoY
SGA
—
est: 1.35M (-100.0%)
2.90M
est: 1.60M (+80.7%)
2.88M
est: 1.73M (+66.7%)
4.10M
est: 4.19M (-2.1%)
4.90M
est: 4.17M (+17.5%)
6.02M
est: 4.17M (+44.5%)
7.47M
est: 4.23M (+76.6%)
—
est: 8.19M (-100.0%)
8.71M
est: 7.04M (+23.7%)
8.97M
est: 5.04M (+77.9%)
9.10M
est: 5.53M (+64.7%)
6.76M
est: 6.07M (+11.3%)
6.11M
est: 6.31M (-3.3%)
5.76M
est: 6.68M (-13.7%)
6.05M
est: 6.01M (+0.6%)
8.10M
est: 7.29M (+11.2%)
14.14M
est: 12.14M (+16.4%)
9.28M
est: 10.61M (-12.6%)
10.31M
10.31M – 10.31M
-2.8% YoY
12.59M
12.59M – 12.59M
+22.1% YoY
14.39M
14.39M – 14.39M
+14.3% YoY
16.19M
16.19M – 16.19M
+12.5% YoY
EPS
-0.01
est: -0.01 (-12.0%)
-0.01
est: -0.01 (+20.0%)
0.00
est: 0.00 (+35.3%)
0.01
est: 0.05 (-79.8%)
0.04
est: 0.04 (-2.9%)
0.01
est: 0.01 (+4.6%)
-0.01
est: -0.01 (+4.5%)
-0.03
est: -0.02 (-22.7%)
-0.02
est: 0.00 (-412.5%)
-0.08
est: -0.09 (+13.4%)
-0.08
est: -0.09 (+14.3%)
0.01
est: 0.00 (+625.0%)
0.02
est: 0.01 (+80.9%)
0.03
est: 0.02 (+75.3%)
0.01
est: 0.01 (+80.0%)
0.02
est: 0.01 (+126.0%)
0.10
est: 0.08 (+29.9%)
0.07
est: 0.06 (+23.2%)
0.05
0.05 – 0.05
-12.5% YoY
0.06
0.06 – 0.06
+24.5% YoY
0.08
0.08 – 0.08
+24.6% YoY
0.10
0.10 – 0.10
+26.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-28 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-27 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-26 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-22 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-21 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-20 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-19 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-18 A- 4/5 5/5 5/5 5/5 3/5 2/5 1/5
2026-05-15 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-14 A- 4/5 4/5 5/5 5/5 3/5 2/5 1/5
2026-05-13 A- 4/5 4/5 5/5 5/5 3/5 2/5 2/5
2026-05-12 A- 4/5 4/5 5/5 5/5 3/5 2/5 2/5
2026-05-11 A- 4/5 4/5 5/5 5/5 3/5 2/5 2/5
2026-05-08 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-05-07 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-05-06 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-05-05 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-05-01 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-04-30 A 4/5 5/5 5/5 5/5 3/5 3/5 2/5
2026-04-29 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5
2026-04-28 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5
2026-04-27 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5
2026-04-24 A- 4/5 4/5 4/5 5/5 3/5 2/5 2/5
2026-04-23 A- 4/5 4/5 4/5 5/5 3/5 2/5 2/5
2026-04-22 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5
2026-04-21 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5
2026-04-20 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5
2026-04-17 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5
2026-04-16 A- 4/5 5/5 4/5 5/5 3/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
12.16M
OE per share TTM
0.19
Owner's Yield
17.68%
Maintenance CapEx ratio
1.51%
Maint CapEx / Avg PPE
5.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
31.2K
Shares Outstanding
60.16M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Klaas Peter van der Leest Chief Executive Officer & Director 698.0K male
Nitil Patel Chief Financial Officer, Company Secretary & Director 334.0K male
Allen Storey Chief Product Officer — male
James Westgate Chief Technology Officer — male
Mike Weston Chief Operations Officer — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits

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