INNOVEX INTERNATIONAL INC (INVX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:INVX - US4576511079 - Common Stock
21.65 USD
+0.43 (+2.03%)
21.65 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to INVX. INVX was compared to 60 industry peers in the Energy Equipment & Services industry. INVX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. INVX is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make INVX suitable for growth investing!
1. Profitability
1.1 Basic Checks
INVX had positive earnings in the past year.
INVX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: INVX reported negative net income in multiple years.
In multiple years INVX reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of INVX (8.06%) is better than 85.00% of its industry peers.
With a decent Return On Equity value of 9.73%, INVX is doing good in the industry, outperforming 65.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 8.34%, INVX is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.06% | ||
| ROE | 9.73% | ||
| ROIC | 8.34% |
ROA(3y)3.87%
ROA(5y)-0.76%
ROE(3y)4.84%
ROE(5y)-0.55%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 10.58%, INVX belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
INVX's Profit Margin has improved in the last couple of years.
INVX's Operating Margin of 12.21% is fine compared to the rest of the industry. INVX outperforms 66.67% of its industry peers.
INVX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 32.35%, INVX is in the better half of the industry, outperforming 71.67% of the companies in the same industry.
INVX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.21% | ||
| PM (TTM) | 10.58% | ||
| GM | 32.35% |
OM growth 3YN/A
OM growth 5Y64.81%
PM growth 3YN/A
PM growth 5Y120.24%
GM growth 3Y12.33%
GM growth 5Y4.04%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), INVX is destroying value.
Compared to 1 year ago, INVX has more shares outstanding
INVX has more shares outstanding than it did 5 years ago.
INVX has a worse debt/assets ratio than last year.
2.2 Solvency
INVX has an Altman-Z score of 5.99. This indicates that INVX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.99, INVX belongs to the top of the industry, outperforming 98.33% of the companies in the same industry.
The Debt to FCF ratio of INVX is 0.19, which is an excellent value as it means it would take INVX, only 0.19 years of fcf income to pay off all of its debts.
INVX has a Debt to FCF ratio of 0.19. This is amongst the best in the industry. INVX outperforms 95.00% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that INVX is not too dependend on debt financing.
INVX's Debt to Equity ratio of 0.02 is amongst the best of the industry. INVX outperforms 88.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Altman-Z | 5.99 |
ROIC/WACC0.95
WACC8.8%
2.3 Liquidity
A Current Ratio of 4.78 indicates that INVX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.78, INVX belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
INVX has a Quick Ratio of 2.93. This indicates that INVX is financially healthy and has no problem in meeting its short term obligations.
INVX's Quick ratio of 2.93 is amongst the best of the industry. INVX outperforms 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.78 | ||
| Quick Ratio | 2.93 |
3. Growth
3.1 Past
INVX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 246.15%, which is quite impressive.
INVX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 123.23% yearly.
The Revenue has grown by 47.71% in the past year. This is a very strong growth!
INVX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.76% yearly.
EPS 1Y (TTM)246.15%
EPS 3YN/A
EPS 5Y123.23%
EPS Q2Q%170.59%
Revenue 1Y (TTM)47.71%
Revenue growth 3Y27.02%
Revenue growth 5Y9.76%
Sales Q2Q%58.09%
3.2 Future
Based on estimates for the next years, INVX will show a very strong growth in Earnings Per Share. The EPS will grow by 66.90% on average per year.
INVX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.31% yearly.
EPS Next Y446.5%
EPS Next 2Y160.71%
EPS Next 3Y95.77%
EPS Next 5Y66.9%
Revenue Next Year94.87%
Revenue Next 2Y42.23%
Revenue Next 3Y28.85%
Revenue Next 5Y22.31%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.79 indicates a rather expensive valuation of INVX.
INVX's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.38. INVX is around the same levels.
The Price/Forward Earnings ratio is 13.27, which indicates a correct valuation of INVX.
76.67% of the companies in the same industry are more expensive than INVX, based on the Price/Forward Earnings ratio.
INVX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.79 | ||
| Fwd PE | 13.27 |
4.2 Price Multiples
61.67% of the companies in the same industry are cheaper than INVX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, INVX is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.57 | ||
| EV/EBITDA | 7.62 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
INVX has a very decent profitability rating, which may justify a higher PE ratio.
INVX's earnings are expected to grow with 95.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)0.18
EPS Next 2Y160.71%
EPS Next 3Y95.77%
5. Dividend
5.1 Amount
No dividends for INVX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
21.65
+0.43 (+2.03%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners47.97%
Inst Owner Change0.98%
Ins Owners1.52%
Ins Owner Change-1.14%
Market Cap1.49B
Revenue(TTM)955.34M
Net Income(TTM)101.12M
Analysts77.78
Price Target23.12 (6.79%)
Short Float %N/A
Short Ratio9.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend1.45
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-43.31%
Min EPS beat(2)-62.53%
Max EPS beat(2)-24.08%
EPS beat(4)1
Avg EPS beat(4)-15.03%
Min EPS beat(4)-62.53%
Max EPS beat(4)49.19%
EPS beat(8)1
Avg EPS beat(8)-142.72%
EPS beat(12)2
Avg EPS beat(12)-111.91%
EPS beat(16)3
Avg EPS beat(16)-84.71%
Revenue beat(2)1
Avg Revenue beat(2)2.01%
Min Revenue beat(2)-4.42%
Max Revenue beat(2)8.43%
Revenue beat(4)3
Avg Revenue beat(4)5.34%
Min Revenue beat(4)-4.42%
Max Revenue beat(4)10.21%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)23.64%
PT rev (3m)23.64%
EPS NQ rev (1m)10.47%
EPS NQ rev (3m)10.47%
EPS NY rev (1m)-11.83%
EPS NY rev (3m)-11.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.79 | ||
| Fwd PE | 13.27 | ||
| P/S | 1.56 | ||
| P/FCF | 10.57 | ||
| P/OCF | 8.53 | ||
| P/B | 1.44 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)0.95
EY4.39%
EPS(NY)1.63
Fwd EY7.53%
FCF(TTM)2.05
FCFY9.46%
OCF(TTM)2.54
OCFY11.73%
SpS13.86
BVpS15.07
TBVpS11.94
PEG (NY)0.05
PEG (5Y)0.18
Graham Number17.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.06% | ||
| ROE | 9.73% | ||
| ROCE | 10.56% | ||
| ROIC | 8.34% | ||
| ROICexc | 9.79% | ||
| ROICexgc | 12.7% | ||
| OM | 12.21% | ||
| PM (TTM) | 10.58% | ||
| GM | 32.35% | ||
| FCFM | 14.78% |
ROA(3y)3.87%
ROA(5y)-0.76%
ROE(3y)4.84%
ROE(5y)-0.55%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y74.94%
ROICexc growth 3YN/A
ROICexc growth 5Y70.29%
OM growth 3YN/A
OM growth 5Y64.81%
PM growth 3YN/A
PM growth 5Y120.24%
GM growth 3Y12.33%
GM growth 5Y4.04%
F-Score7
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Debt/EBITDA | 0.12 | ||
| Cap/Depr | 59.02% | ||
| Cap/Sales | 3.54% | ||
| Interest Coverage | 80.3 | ||
| Cash Conversion | 100.59% | ||
| Profit Quality | 139.63% | ||
| Current Ratio | 4.78 | ||
| Quick Ratio | 2.93 | ||
| Altman-Z | 5.99 |
F-Score7
WACC8.8%
ROIC/WACC0.95
Cap/Depr(3y)71.76%
Cap/Depr(5y)56.98%
Cap/Sales(3y)4.99%
Cap/Sales(5y)4.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)246.15%
EPS 3YN/A
EPS 5Y123.23%
EPS Q2Q%170.59%
EPS Next Y446.5%
EPS Next 2Y160.71%
EPS Next 3Y95.77%
EPS Next 5Y66.9%
Revenue 1Y (TTM)47.71%
Revenue growth 3Y27.02%
Revenue growth 5Y9.76%
Sales Q2Q%58.09%
Revenue Next Year94.87%
Revenue Next 2Y42.23%
Revenue Next 3Y28.85%
Revenue Next 5Y22.31%
EBIT growth 1Y95.65%
EBIT growth 3YN/A
EBIT growth 5Y80.9%
EBIT Next Year100.38%
EBIT Next 3Y37.48%
EBIT Next 5Y29.59%
FCF growth 1Y326.98%
FCF growth 3Y41.07%
FCF growth 5Y90.29%
OCF growth 1Y586.06%
OCF growth 3Y34.47%
OCF growth 5Y44.76%
INNOVEX INTERNATIONAL INC / INVX FAQ
Can you provide the ChartMill fundamental rating for INNOVEX INTERNATIONAL INC?
ChartMill assigns a fundamental rating of 7 / 10 to INVX.
What is the valuation status of INNOVEX INTERNATIONAL INC (INVX) stock?
ChartMill assigns a valuation rating of 5 / 10 to INNOVEX INTERNATIONAL INC (INVX). This can be considered as Fairly Valued.
What is the profitability of INVX stock?
INNOVEX INTERNATIONAL INC (INVX) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for INVX stock?
The Price/Earnings (PE) ratio for INNOVEX INTERNATIONAL INC (INVX) is 22.79 and the Price/Book (PB) ratio is 1.44.
What is the expected EPS growth for INNOVEX INTERNATIONAL INC (INVX) stock?
The Earnings per Share (EPS) of INNOVEX INTERNATIONAL INC (INVX) is expected to grow by 446.5% in the next year.