INVENTRONICS LTD (IVX.CA) Stock Fundamental Analysis
Canada - TSX Venture Exchange - TSX-V:IVX - CA4612082095 - Common Stock
0.83 CAD
-0.06 (-6.74%)
IVX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 4 industry peers in the Building Products industry. While IVX has a great profitability rating, there are some minor concerns on its financial health. IVX is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- IVX had positive earnings in the past year.
- In the past year IVX had a positive cash flow from operations.
- IVX had positive earnings in 4 of the past 5 years.
- In the past 5 years IVX always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of IVX (3.06%) is better than 100.00% of its industry peers.
- IVX has a better Return On Equity (7.03%) than 100.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 5.32%, IVX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- IVX had an Average Return On Invested Capital over the past 3 years of 16.93%. This is significantly above the industry average of 5.32%.
- The last Return On Invested Capital (5.32%) for IVX is well below the 3 year average (16.93%), which needs to be investigated, but indicates that IVX had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.06% | ||
| ROE | 7.03% | ||
| ROIC | 5.32% |
ROA(3y)13.23%
ROA(5y)18.83%
ROE(3y)27.58%
ROE(5y)43.53%
ROIC(3y)16.93%
ROIC(5y)16.61%
1.3 Margins
- IVX's Profit Margin of 2.38% is amongst the best of the industry. IVX outperforms 100.00% of its industry peers.
- The Operating Margin of IVX (4.99%) is better than 100.00% of its industry peers.
- IVX's Operating Margin has declined in the last couple of years.
- IVX has a worse Gross Margin (19.10%) than 75.00% of its industry peers.
- IVX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.99% | ||
| PM (TTM) | 2.38% | ||
| GM | 19.1% |
OM growth 3Y-64.43%
OM growth 5Y-35.81%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-13.48%
GM growth 5Y-3.82%
2. Health
2.1 Basic Checks
- IVX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- IVX has about the same amout of shares outstanding than it did 1 year ago.
- IVX has more shares outstanding than it did 5 years ago.
- IVX has a better debt/assets ratio than last year.
2.2 Solvency
- IVX has an Altman-Z score of 2.78. This is not the best score and indicates that IVX is in the grey zone with still only limited risk for bankruptcy at the moment.
- IVX has a Altman-Z score (2.78) which is in line with its industry peers.
- IVX has a debt to FCF ratio of 4.04. This is a neutral value as IVX would need 4.04 years to pay back of all of its debts.
- IVX has a Debt to FCF ratio of 4.04. This is in the lower half of the industry: IVX underperforms 75.00% of its industry peers.
- A Debt/Equity ratio of 0.77 indicates that IVX is somewhat dependend on debt financing.
- IVX's Debt to Equity ratio of 0.77 is on the low side compared to the rest of the industry. IVX is outperformed by 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 4.04 | ||
| Altman-Z | 2.78 |
ROIC/WACC0.68
WACC7.87%
2.3 Liquidity
- IVX has a Current Ratio of 2.65. This indicates that IVX is financially healthy and has no problem in meeting its short term obligations.
- With an excellent Current ratio value of 2.65, IVX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- IVX has a Quick Ratio of 1.88. This is a normal value and indicates that IVX is financially healthy and should not expect problems in meeting its short term obligations.
- IVX has a Quick ratio of 1.88. This is amongst the best in the industry. IVX outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.65 | ||
| Quick Ratio | 1.88 |
3. Growth
3.1 Past
- IVX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 825.93%, which is quite impressive.
- Looking at the last year, IVX shows a very strong growth in Revenue. The Revenue has grown by 35.07%.
- IVX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.21% yearly.
EPS 1Y (TTM)825.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%259.38%
Revenue 1Y (TTM)35.07%
Revenue growth 3Y-13.78%
Revenue growth 5Y2.21%
Sales Q2Q%29.55%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- IVX is valuated rather expensively with a Price/Earnings ratio of 20.75.
- Compared to the rest of the industry, the Price/Earnings ratio of IVX indicates a rather cheap valuation: IVX is cheaper than 100.00% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.32. IVX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.75 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IVX indicates a rather cheap valuation: IVX is cheaper than 100.00% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, IVX is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.12 | ||
| EV/EBITDA | 8.89 |
4.3 Compensation for Growth
- The decent profitability rating of IVX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
- IVX has a Yearly Dividend Yield of 23.33%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.83, IVX pays a better dividend. On top of this IVX pays more dividend than 100.00% of the companies listed in the same industry.
- IVX's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 23.33% |
5.2 History
- IVX has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2YN/A
EPS Next 3YN/A
INVENTRONICS LTD / IVX.CA FAQ
What is the ChartMill fundamental rating of INVENTRONICS LTD (IVX.CA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to IVX.CA.
What is the valuation status for IVX stock?
ChartMill assigns a valuation rating of 4 / 10 to INVENTRONICS LTD (IVX.CA). This can be considered as Fairly Valued.
How profitable is INVENTRONICS LTD (IVX.CA) stock?
INVENTRONICS LTD (IVX.CA) has a profitability rating of 7 / 10.
What is the valuation of INVENTRONICS LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for INVENTRONICS LTD (IVX.CA) is 20.75 and the Price/Book (PB) ratio is 1.49.
Is the dividend of INVENTRONICS LTD sustainable?
The dividend rating of INVENTRONICS LTD (IVX.CA) is 5 / 10 and the dividend payout ratio is 0%.