1.16 USD
-0.55 (-32.16%)
1.1603 USD
+0 (+0.03%)
We assign a fundamental rating of 3 out of 10 to EBIX. EBIX was compared to 277 industry peers in the Software industry. There are concerns on the financial health of EBIX while its profitability can be described as average. EBIX has a bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
- In the past year EBIX was profitable.
- EBIX had a positive operating cash flow in the past year.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.32%, EBIX is in the better half of the industry, outperforming 71.94% of the companies in the same industry.
- EBIX has a better Return On Equity (0.82%) than 73.74% of its industry peers.
- EBIX has a Return On Invested Capital of 13.72%. This is amongst the best in the industry. EBIX outperforms 94.24% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for EBIX is in line with the industry average of 10.78%.
- The 3 year average ROIC (10.38%) for EBIX is below the current ROIC(13.72%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.32% | ||
| ROE | 0.82% | ||
| ROIC | 13.72% |
ROA(3y)4.81%
ROA(5y)5.26%
ROE(3y)11.98%
ROE(5y)14.6%
ROIC(3y)10.38%
ROIC(5y)10.3%
1.3 Margins
- Looking at the Profit Margin, with a value of 0.68%, EBIX is in the better half of the industry, outperforming 72.30% of the companies in the same industry.
- EBIX's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 14.94%, EBIX belongs to the best of the industry, outperforming 86.69% of the companies in the same industry.
- In the last couple of years the Operating Margin of EBIX has declined.
- Looking at the Gross Margin, with a value of 47.00%, EBIX is doing worse than 69.06% of the companies in the same industry.
- EBIX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.94% | ||
| PM (TTM) | 0.68% | ||
| GM | 47% |
OM growth 3Y-24.69%
OM growth 5Y-18.1%
PM growth 3Y-28.25%
PM growth 5Y-25.95%
GM growth 3Y-21.49%
GM growth 5Y-13.45%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), EBIX is creating value.
- EBIX has more shares outstanding than it did 1 year ago.
- Compared to 1 year ago, EBIX has a worse debt to assets ratio.
2.2 Solvency
- EBIX has an Altman-Z score of 1.06. This is a bad value and indicates that EBIX is not financially healthy and even has some risk of bankruptcy.
- EBIX has a worse Altman-Z score (1.06) than 61.87% of its industry peers.
- EBIX has a debt to FCF ratio of 30.67. This is a negative value and a sign of low solvency as EBIX would need 30.67 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 30.67, EBIX perfoms like the industry average, outperforming 49.64% of the companies in the same industry.
- A Debt/Equity ratio of 0.03 indicates that EBIX is not too dependend on debt financing.
- EBIX has a better Debt to Equity ratio (0.03) than 61.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 30.67 | ||
| Altman-Z | 1.06 |
ROIC/WACC2.69
WACC5.1%
2.3 Liquidity
- A Current Ratio of 0.41 indicates that EBIX may have some problems paying its short term obligations.
- EBIX has a worse Current ratio (0.41) than 95.32% of its industry peers.
- EBIX has a Quick Ratio of 0.41. This is a bad value and indicates that EBIX is not financially healthy enough and could expect problems in meeting its short term obligations.
- EBIX has a worse Quick ratio (0.41) than 95.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.41 | ||
| Quick Ratio | 0.41 |
3. Growth
3.1 Past
- The earnings per share for EBIX have decreased strongly by -92.74% in the last year.
- Measured over the past years, EBIX shows a decrease in Earnings Per Share. The EPS has been decreasing by -7.91% on average per year.
- EBIX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -30.72%.
- The Revenue has been growing by 23.60% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-92.74%
EPS 3Y-14.5%
EPS 5Y-7.91%
EPS Q2Q%-155.93%
Revenue 1Y (TTM)-30.72%
Revenue growth 3Y21.84%
Revenue growth 5Y23.6%
Sales Q2Q%-53.78%
3.2 Future
- EBIX is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -17.98% yearly.
- The Revenue is expected to decrease by -31.80% on average over the next years. This is quite bad
EPS Next Y-87.37%
EPS Next 2Y-17.98%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-42.79%
Revenue Next 2Y-31.8%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- EBIX is valuated cheaply with a Price/Earnings ratio of 6.82.
- Based on the Price/Earnings ratio, EBIX is valued cheaper than 96.76% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. EBIX is valued rather cheaply when compared to this.
- A Price/Forward Earnings ratio of 0.82 indicates a rather cheap valuation of EBIX.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of EBIX indicates a rather cheap valuation: EBIX is cheaper than 100.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, EBIX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.82 | ||
| Fwd PE | 0.82 |
4.2 Price Multiples
- EBIX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. EBIX is cheaper than 97.84% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of EBIX indicates a rather cheap valuation: EBIX is cheaper than 99.64% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.74 | ||
| EV/EBITDA | 4.14 |
4.3 Compensation for Growth
- EBIX's earnings are expected to decrease with -17.98% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-17.98%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for EBIX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
EBIX INC / EBIX FAQ
What is the fundamental rating for EBIX stock?
ChartMill assigns a fundamental rating of 4 / 10 to EBIX.
Can you provide the valuation status for EBIX INC?
ChartMill assigns a valuation rating of 8 / 10 to EBIX INC (EBIX). This can be considered as Undervalued.
What is the profitability of EBIX stock?
EBIX INC (EBIX) has a profitability rating of 6 / 10.
Can you provide the expected EPS growth for EBIX stock?
The Earnings per Share (EPS) of EBIX INC (EBIX) is expected to decline by -87.37% in the next year.
How sustainable is the dividend of EBIX INC (EBIX) stock?
The dividend rating of EBIX INC (EBIX) is 0 / 10 and the dividend payout ratio is 46%.