IPH (ASX:IPH) Operating Cash Flow per Share: A$0.31 (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:IPH IPH Ltd ASX:IPH
93 GF Score
Price A$3.40
GF Value A$5.43
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is IPH Operating Cash Flow per Share?

IPH ASX:IPH +1.49% 93 Operating Cash Flow per Share is A$0.31 as of Jun. 2026. GuruFocus rates ASX:IPH with a GF Score™ of 93/100 and a GF Value™ of A$5.43 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 759 Business Services companies, IPH ranks better than 57.97% on this metric.

IPH's operating cash flow per share for the six months ended in Jun. 2026 was A$0.31. IPH's operating cash flow per share for the trailing twelve months (TTM) ended in Jun. 2026 was A$0.31.

During the past 12 months, the average Operating Cash Flow per Share Growth Rate of IPH was 16.00% per year. During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 12.80% per year. During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 6.60% per year. During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.

The historical rank and industry rank for IPH's Operating Cash Flow per Share or its related term are showing as below:

ASX:IPH' s 3-Year OCF Growth Rate Range Over the Past 10 Years
Min: -1.5   Med: 9.7   Max: 21.9
Current: 12.8

During the past 13 years, IPH's highest 3-Year average Operating Cash Flow per Share Growth Rate was 21.90% per year. The lowest was -1.50% per year. And the median was 9.70% per year.

ASX:IPH's 3-Year OCF Growth Rate is ranked better than
57.97% of 759 companies
in the Business Services industry
Industry Median: 7.5 vs ASX:IPH: 12.80

IPH Operating Cash Flow per Share Related Terms


IPH Operating Cash Flow per Share Historical Data

* Premium members only.

The historical data trend for IPH's Operating Cash Flow per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IPH Operating Cash Flow per Share Chart

IPH Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Operating Cash Flow per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.40 0.54 0.50 0.58

IPH Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Operating Cash Flow per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.23 0.27 0.27 0.31

ASX:IPH vs CTAS, CPRT, GPN: Operating Cash Flow per Share Comparison

For the Specialty Business Services subindustry, IPH's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IPH Price-to-Operating-Cash-Flow vs Business Services Industry

For the Business Services industry and Industrials sector, IPH's Price-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where IPH's Price-to-Operating-Cash-Flow falls into.


ASX:IPH
93GF Score
IPH Ltd ASX:IPH
Operating Cash Flow per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IPH Operating Cash Flow per Share Calculation

Operating Cash Flow per Share is the amount of Cash Flow from Operations per outstanding share of the company's stock.

IPH's Operating Cash Flow per Share for the fiscal year that ended in Jun. 2026 is calculated as

Operating Cash Flow per Share (A: Jun. 2026 )=Cash Flow from Operations (A: Jun. 2026 )/Shares Outstanding (Diluted Average) (A: Jun. 2026 )
=150.5/259.867
=0.58

IPH's Operating Cash Flow per Share for the quarter that ended in Jun. 2026 is calculated as

Operating Cash Flow per Share (Q: Jun. 2026 )=Cash Flow from Operations (Q: Jun. 2026 )/Shares Outstanding (Diluted Average) (Q: Jun. 2026 )
=79.6/258.81489893137
=0.31

Operating Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Operating Cash Flow per Share of A$0.31 mean?
IPH (ASX:IPH) has a Operating Cash Flow per Share of A$0.31 as of Jun. 2026. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on IPH and its competitors. According to the industry distribution chart, IPH ranks #319 out of 759 companies in the Business Services industry, placing it in the top 42%.
Is IPH's Operating Cash Flow per Share too high?
IPH's current Operating Cash Flow per Share is A$0.31. Based on the distribution chart, IPH ranks #319 out of 759 companies in the Business Services industry, which is above the industry midpoint. Overall, IPH has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IPH's Operating Cash Flow per Share compare to CTAS and CPRT?
According to the Business Services industry distribution chart, IPH ranks #319 out of 759 companies for Operating Cash Flow per Share. This puts IPH in the upper half of its industry. The industry median Operating Cash Flow per Share is 7.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Cash Flow per Share for a Business Services company?
The median Operating Cash Flow per Share among Business Services companies is 7.50, based on 759 companies in the industry. Companies in the top quartile (top 25%) have a Operating Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Operating Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Cash Flow per Share mean?
A high Operating Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on IPH and its competitors. For the Business Services industry, the median Operating Cash Flow per Share is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPH's current Operating Cash Flow per Share is A$0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPH stock overvalued right now?
Based on GuruFocus' analysis, IPH (ASX:IPH) is currently considered Significantly Undervalued. The stock's GF Value™ is A$5.43, compared to a current price of A$3.40 — trading 37.4% below its estimated fair value. The current Operating Cash Flow per Share is A$0.31. IPH's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Cash Flow per Share calculated?
Operating Cash Flow per Share is calculated from a company's financial statements. For IPH (ASX:IPH), the current Operating Cash Flow per Share is A$0.31 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IPH (ASX:IPH) Overvalued in 2026?

Based on GuruFocus' analysis, IPH stock appears to be undervalued. The current stock price of A$3.40 is trading 37.4% below its estimated GF Value™ of A$5.43. GuruFocus considers IPH to be Significantly Undervalued.

Key valuation signals for ASX:IPH:

  • Operating Cash Flow per Share: A$0.31
  • GF Value™: A$5.43 vs. price of A$3.40 (37.4% below fair value)
  • GF Score™: 93/100 with 6 warning signs

No single metric tells the full story. See the ASX:IPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IPH Business Description

Other Exchanges 1IP:Germany
Address 201 Sussex Street, Level 24, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
IPH provides intellectual property services through its subsidiaries: Spruson and Ferguson, Smart & Biggar, Robic, Pizzeys, Griffith Hack, Applied Marks, and AJ Park. These services include patent filing, prosecution, enforcement, management, design, trademarks, and more. The company's diverse client base comprises multinationals, public-sector research organizations, and local businesses across industries such as healthcare, finance, engineering, and technology. Revenue streams mainly consist of professional fees (fixed) and volume-based fees (linked to the quantity of work performed). About 70% of revenue is derived from pre-existing work in the system, while 30% comes from new patent applications.
93GF Score

Get the complete analysis for ASX:IPH

Operating Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.40
Price
A$5.43
GF Value