Insignia Financial Ltd (IFL) AI Stock Analysis

• Market Cap: AU$3.05B
• Dividend Yield: N/A
• Average Volume (3M): 1.33M
• Price to Earnings (P/E): 188.8
• Beta (1Y): 0.49
• Revenue Growth: -15.63%
• EPS Growth: N/A
• Country: AU
• Employees: 1,300
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.20
• Shares Outstanding: 670,726,140
• 10 Day Avg. Volume: 1,239,313
• 30 Day Avg. Volume: 1,333,940
• PEG Ratio: -1.39
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 1.54
• P/FCF Ratio: 29.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$4.90
• Price Target Upside: 7.64% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.38
• Revenue Forecast (FY): AU$1.40B

• Rating: 51 Neutral
• Price Target: AU$4.50 ▼(-1.10% Downside)

The overall stock score is primarily impacted by weak financial performance, with declining revenue and profitability. Technical analysis shows neutral momentum but potential overbought conditions. The valuation is concerning due to a high P/E ratio and lack of dividend yield, suggesting the stock may be overvalued.

Positive Factors

Strategic Partnerships

Strategic partnerships enhance product offerings and expand the client base, supporting long-term revenue growth and market position.

Operational Efficiency

Improved EBIT margin indicates enhanced operational efficiency, which can lead to better profitability and competitive advantage over time.

Solid Capital Structure

A stable equity ratio reflects a strong capital base, providing financial resilience and the capacity to support future growth initiatives.

Negative Factors

Declining Revenue

Declining revenue growth suggests challenges in market demand or competitive pressures, impacting long-term financial performance.

Weak Cash Flow Generation

Negative cash flow growth indicates difficulties in generating cash, which can constrain investment in growth and limit financial flexibility.

Low Profitability

Low net profit margin reflects limited profitability, which may hinder the company's ability to reinvest in business growth and innovation.

Insignia Financial Ltd Business Overview & Revenue Model

Company Description

Insignia Financial Ltd. provides financial advice, platforms, and asset management services in Australia. The company offers financial services solutions on superannuation and investments to clients including investors, members, employers, and advisers. It also provides financial advisory, various financial products and services, and investment management services on behalf of institutional, retail, and direct clients. The company was formerly known as IOOF Holdings Ltd. and changed its name to Insignia Financial Ltd. in December 2021. Insignia Financial Ltd. was founded in 1846 and is based in Docklands, Australia.

How the Company Makes Money

Insignia Financial Ltd generates revenue through multiple streams, primarily from fees charged for financial advice and investment management services. The company earns management fees based on the assets under management (AUM), which are collected from clients who invest in various managed funds. Additionally, IFL receives ongoing service fees from clients for continuous financial planning and advisory services. The company may also earn performance fees tied to the returns generated by its investment products. Strategic partnerships with financial institutions and investment platforms further enhance its distribution capabilities, allowing IFL to tap into a broader client base, thereby contributing to its overall earnings.

Insignia Financial Ltd Financial Statement Overview

Summary

Insignia Financial Ltd faces challenges with declining revenue and profitability, as evidenced by low net profit margins and negative revenue growth. The balance sheet shows moderate leverage and stable equity, but cash flow generation is weak, with significant negative growth in free cash flow. The company needs to focus on improving revenue generation and cash flow management to enhance its financial health.

Income Statement

Insignia Financial Ltd has experienced declining revenue over the past few years, with a significant drop in revenue growth rate of -9.18% in the most recent year. The gross profit margin has decreased from 72.34% to 43.86%, indicating reduced efficiency in generating profit from sales. The net profit margin is low at 1.02%, showing limited profitability. However, the company has improved its EBIT margin to 19.89%, suggesting better operational efficiency despite the revenue decline.

Balance Sheet

The company's debt-to-equity ratio has increased to 0.53, indicating a moderate level of leverage. Return on equity is low at 0.78%, reflecting limited returns for shareholders. However, the equity ratio remains stable at 54.82%, suggesting a solid capital structure with a good proportion of equity financing.

Cash Flow

The free cash flow growth rate is negative at -187.20%, indicating challenges in generating cash. The operating cash flow to net income ratio is 0.22, suggesting that cash generation from operations is weak relative to net income. However, the free cash flow to net income ratio is relatively strong at 91.15%, indicating that most of the net income is converted into free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.58B	1.58B	1.86B	1.94B	2.14B	1.23B
Gross Profit	693.60M	693.60M	1.35B	1.21B	1.33B	638.60M
EBITDA	393.30M	393.30M	117.90M	284.20M	266.20M	174.10M
Net Income	16.10M	16.10M	-185.30M	51.20M	36.80M	-142.60M
Balance Sheet
Total Assets	3.77B	3.77B	3.59B	5.00B	5.51B	5.76B
Cash, Cash Equivalents and Short-Term Investments	476.30M	476.30M	486.50M	592.90M	1.58B	1.79B
Total Debt	1.10B	1.10B	917.50M	937.40M	999.50M	773.50M
Total Liabilities	1.70B	1.70B	1.54B	2.67B	3.11B	3.26B
Stockholders Equity	2.07B	2.07B	2.04B	2.33B	2.40B	2.49B
Cash Flow
Free Cash Flow	82.40M	82.40M	-54.50M	4.20M	-62.40M	117.90M
Operating Cash Flow	90.40M	90.40M	-53.30M	23.70M	-15.20M	134.30M
Investing Cash Flow	23.00M	23.00M	178.80M	150.60M	-73.70M	-742.70M
Financing Cash Flow	-25.50M	-25.50M	-195.30M	-149.80M	-51.00M	902.80M

Insignia Financial Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IFL, the sentiment is Positive. The current price of 4.55 is below the 20-day moving average (MA) of 4.55, above the 50-day MA of 4.54, and above the 200-day MA of 4.19, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.08 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:IFL.

Insignia Financial Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MFG	71 Outperform	€1.62B	10.32	16.50%	6.22%	-13.22%	-29.69%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CNI	65 Neutral	AU$1.93B	23.37	5.59%	6.09%	38.64%	-21.14%
IFL	51 Neutral	AU$3.05B	188.80	0.72%	―	-15.63%	―
PPT	50 Neutral	€2.14B	-36.17	-3.34%	6.03%	2.87%	87.93%
MAF	45 Neutral	AU$1.78B	42.84	8.97%	1.91%	35.30%	44.24%
AMP	44 Neutral	$4.60B	25.42	4.59%	1.63%	-14.92%	179.69%

Insignia Financial Ltd Corporate Events

Insignia Financial Announces AGM Results and New Auditor Appointment

Insignia Financial Ltd announced the results of its 2025 Annual General Meeting, where all resolutions were decided by a poll. Notably, EY was appointed as the new external auditor, effective immediately. These developments reflect Insignia’s ongoing commitment to maintaining robust governance and transparency, potentially enhancing its reputation and trust among stakeholders.

Insignia Financial Reports Strong Growth and Strategic Advancements in 1Q26

Insignia Financial Ltd reported a $10.2 billion increase in Funds Under Management and Administration, reaching $340.5 billion as of September 2025, driven by strong inflows into its Wrap business and positive equity markets. The company launched enhancements to its MLC Expand platform, transitioned custody services to BNP Paribas, and expanded its financial advice network through the acquisition of PMD Financial Advisers. These strategic moves align with Insignia’s vision to become Australia’s leading diversified wealth management company by 2030, positioning it for sustainable growth in FY26.

Insignia Financial Releases 2025 Sustainability and Impact Report

Insignia Financial Ltd has released its Sustainability and Impact Report, which is also referenced in its Annual Report and Corporate Governance Statement. This release underscores the company’s commitment to sustainability and may influence its operations and market positioning, potentially impacting stakeholders by highlighting its focus on sustainable practices.

Insignia Financial Ltd Releases Corporate Governance Statement

Insignia Financial Ltd has released its Corporate Governance Statement in compliance with ASX Listing Rule 4.7.4, emphasizing its commitment to high standards of corporate governance. The statement outlines the company’s adherence to the ASX Corporate Governance Principles and Recommendations, highlighting its focus on governance uplift as part of its group strategy, which is crucial for maintaining transparency and protecting stakeholder interests.

Insignia Financial Ltd Releases 2025 Corporate Governance Statement

Insignia Financial Ltd has released its 2025 Appendix 4G, which includes the company’s Corporate Governance Statement. This document outlines the extent to which Insignia Financial has adhered to the ASX Corporate Governance Council’s recommendations during the reporting period. The release of this statement is crucial for maintaining transparency and compliance with ASX listing rules, which can impact the company’s credibility and trust with stakeholders.

Insignia Financial Ltd Releases 2025 Annual Report

Insignia Financial Ltd has released its 2025 Annual Report, as per ASX Listing Rules, highlighting its ongoing commitment to providing comprehensive wealth management services in Australia. This release underscores the company’s strategic positioning in the financial sector, potentially impacting its stakeholders by reaffirming its market presence and operational focus.

Insignia Financial Ltd Announces 2025 AGM and Acquisition Proposal

Insignia Financial Ltd has announced its 2025 Annual General Meeting (AGM) scheduled for November 20, 2025, at the Grand Hyatt Hotel in Melbourne. The AGM will discuss the company’s performance and strategic milestones, including a significant acquisition proposal by Daintree Bidco Pty Ltd, which requires shareholder approval. The meeting will also mark the departure of board member John Selak after nine years of service.

Insignia Financial Ltd Announces 2025 AGM Details

Insignia Financial Ltd has announced that its 2025 Annual General Meeting (AGM) will take place on November 20, 2025, at the Grand Hyatt in Melbourne. The meeting will address the election of directors, with nominations due by October 9, 2025. This AGM is a significant event for stakeholders as it involves the election of directors, which could impact the company’s strategic direction.

Insignia Financial Revises CEO Remuneration Structure

Insignia Financial Ltd has announced a revision of the remuneration arrangements for its CEO, Scott Hartley, effective from FY26. The changes, which include adjustments to short-term and long-term variable rewards, are designed to align executive compensation with performance and long-term shareholder value creation, emphasizing compliance with regulatory deferral requirements and market best practices.

Insignia Financial Ltd Ceases Substantial Holding in Tabcorp Holdings

Insignia Financial Ltd has announced that it has ceased to be a substantial holder in Tabcorp Holdings Limited as of September 11, 2025. This change in holding reflects a series of transactions involving purchases and sales of shares by its subsidiaries, including IOOF Investment Management Ltd and MLC Investments Ltd, over the past year. The announcement may impact Insignia Financial’s market positioning and influence within the investment management sector, as it adjusts its investment portfolio and strategic interests.

Insignia Financial Ltd Updates Shareholding Structure

Insignia Financial Ltd has issued a notice regarding the aggregated percentage of voting shares controlled by its associated entities, as per an exemption granted by ASIC under subsection 259C(2) of the Corporations Act 2001. The notice indicates a decrease in the percentage of voting shares controlled by its entities from 0.926% to 0.815%, reflecting changes in the company’s shareholding structure. This adjustment in shareholding could impact the company’s governance and decision-making processes, potentially affecting stakeholders’ interests.