INIT INNOVATION IN TRAFFIC S (IXX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:IXX - DE0005759807 - Common Stock
43.3 EUR
+0.1 (+0.23%)
Overall IXX gets a fundamental rating of 5 out of 10. We evaluated IXX against 109 industry peers in the Software industry. Both the profitability and the financial health of IXX get a neutral evaluation. Nothing too spectacular is happening here. IXX is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
IXX had positive earnings in the past year.
IXX had a positive operating cash flow in the past year.
IXX had positive earnings in each of the past 5 years.
In the past 5 years IXX always reported a positive cash flow from operatings.
1.2 Ratios
IXX has a Return On Assets (4.66%) which is in line with its industry peers.
With a Return On Equity value of 11.70%, IXX perfoms like the industry average, outperforming 59.81% of the companies in the same industry.
With a decent Return On Invested Capital value of 9.68%, IXX is doing good in the industry, outperforming 72.90% of the companies in the same industry.
IXX had an Average Return On Invested Capital over the past 3 years of 9.12%. This is below the industry average of 13.52%.
The 3 year average ROIC (9.12%) for IXX is below the current ROIC(9.68%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 11.7% | ||
| ROIC | 9.68% |
ROA(3y)5.83%
ROA(5y)5.96%
ROE(3y)12.79%
ROE(5y)13.4%
ROIC(3y)9.12%
ROIC(5y)9.1%
1.3 Margins
Looking at the Profit Margin, with a value of 4.96%, IXX is in line with its industry, outperforming 52.34% of the companies in the same industry.
In the last couple of years the Profit Margin of IXX has declined.
IXX has a Operating Margin of 8.44%. This is comparable to the rest of the industry: IXX outperforms 58.88% of its industry peers.
In the last couple of years the Operating Margin of IXX has remained more or less at the same level.
IXX has a worse Gross Margin (37.13%) than 76.64% of its industry peers.
IXX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.44% | ||
| PM (TTM) | 4.96% | ||
| GM | 37.13% |
OM growth 3Y0.63%
OM growth 5Y-0.77%
PM growth 3Y-6.08%
PM growth 5Y-4.28%
GM growth 3Y1.46%
GM growth 5Y1.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IXX is still creating some value.
IXX has more shares outstanding than it did 1 year ago.
IXX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for IXX is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.30 indicates that IXX is not in any danger for bankruptcy at the moment.
IXX's Altman-Z score of 3.30 is in line compared to the rest of the industry. IXX outperforms 57.01% of its industry peers.
IXX has a debt to FCF ratio of 6.35. This is a slightly negative value and a sign of low solvency as IXX would need 6.35 years to pay back of all of its debts.
IXX's Debt to FCF ratio of 6.35 is in line compared to the rest of the industry. IXX outperforms 52.34% of its industry peers.
IXX has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
IXX has a Debt to Equity ratio of 0.40. This is comparable to the rest of the industry: IXX outperforms 42.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 6.35 | ||
| Altman-Z | 3.3 |
ROIC/WACC1.37
WACC7.06%
2.3 Liquidity
A Current Ratio of 1.44 indicates that IXX should not have too much problems paying its short term obligations.
IXX has a Current ratio (1.44) which is comparable to the rest of the industry.
IXX has a Quick Ratio of 1.44. This is a bad value and indicates that IXX is not financially healthy enough and could expect problems in meeting its short term obligations.
IXX has a worse Quick ratio (0.99) than 68.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
IXX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.73%.
The Earnings Per Share has been growing slightly by 6.71% on average over the past years.
The Revenue has grown by 24.31% in the past year. This is a very strong growth!
The Revenue has been growing by 11.17% on average over the past years. This is quite good.
EPS 1Y (TTM)-21.73%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-4.83%
Revenue 1Y (TTM)24.31%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%11.43%
3.2 Future
IXX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.24% yearly.
The Revenue is expected to grow by 15.64% on average over the next years. This is quite good.
EPS Next Y24.42%
EPS Next 2Y27.48%
EPS Next 3Y26.24%
EPS Next 5YN/A
Revenue Next Year36.57%
Revenue Next 2Y23.26%
Revenue Next 3Y18.51%
Revenue Next 5Y15.64%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
IXX is valuated quite expensively with a Price/Earnings ratio of 29.26.
69.16% of the companies in the same industry are more expensive than IXX, based on the Price/Earnings ratio.
IXX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.45.
With a Price/Forward Earnings ratio of 15.34, IXX is valued correctly.
Based on the Price/Forward Earnings ratio, IXX is valued a bit cheaper than the industry average as 79.44% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 34.46. IXX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.26 | ||
| Fwd PE | 15.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IXX is valued a bit cheaper than the industry average as 73.83% of the companies are valued more expensively.
68.22% of the companies in the same industry are more expensive than IXX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.79 | ||
| EV/EBITDA | 12.39 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as IXX's earnings are expected to grow with 26.24% in the coming years.
PEG (NY)1.2
PEG (5Y)4.36
EPS Next 2Y27.48%
EPS Next 3Y26.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.85%, IXX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.27, IXX pays a better dividend. On top of this IXX pays more dividend than 89.72% of the companies listed in the same industry.
IXX's Dividend Yield is slightly below the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
5.2 History
The dividend of IXX is nicely growing with an annual growth rate of 39.51%!
Dividend Growth(5Y)39.51%
Div Incr Years3
Div Non Decr Years6
5.3 Sustainability
IXX pays out 54.67% of its income as dividend. This is a bit on the high side, but may be sustainable.
IXX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP54.67%
EPS Next 2Y27.48%
EPS Next 3Y26.24%
FRA:IXX (11/21/2025, 7:00:00 PM)
43.3
+0.1 (+0.23%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners14.74%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap434.73M
Revenue(TTM)292.95M
Net Income(TTM)14.52M
Analysts83.33
Price Target60.44 (39.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Yearly Dividend0.7
Dividend Growth(5Y)39.51%
DP54.67%
Div Incr Years3
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0%
PT rev (3m)4.41%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)8.63%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.26 | ||
| Fwd PE | 15.34 | ||
| P/S | 1.48 | ||
| P/FCF | 27.79 | ||
| P/OCF | 12.06 | ||
| P/B | 3.5 | ||
| P/tB | 6.97 | ||
| EV/EBITDA | 12.39 |
EPS(TTM)1.48
EY3.42%
EPS(NY)2.82
Fwd EY6.52%
FCF(TTM)1.56
FCFY3.6%
OCF(TTM)3.59
OCFY8.29%
SpS29.18
BVpS12.36
TBVpS6.21
PEG (NY)1.2
PEG (5Y)4.36
Graham Number20.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.66% | ||
| ROE | 11.7% | ||
| ROCE | 12.98% | ||
| ROIC | 9.68% | ||
| ROICexc | 11.36% | ||
| ROICexgc | 18.34% | ||
| OM | 8.44% | ||
| PM (TTM) | 4.96% | ||
| GM | 37.13% | ||
| FCFM | 5.34% |
ROA(3y)5.83%
ROA(5y)5.96%
ROE(3y)12.79%
ROE(5y)13.4%
ROIC(3y)9.12%
ROIC(5y)9.1%
ROICexc(3y)10.98%
ROICexc(5y)11.12%
ROICexgc(3y)15.05%
ROICexgc(5y)15.07%
ROCE(3y)12.24%
ROCE(5y)12.21%
ROICexgc growth 3Y4.46%
ROICexgc growth 5Y0.68%
ROICexc growth 3Y0.88%
ROICexc growth 5Y-2.8%
OM growth 3Y0.63%
OM growth 5Y-0.77%
PM growth 3Y-6.08%
PM growth 5Y-4.28%
GM growth 3Y1.46%
GM growth 5Y1.73%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 6.35 | ||
| Debt/EBITDA | 1.21 | ||
| Cap/Depr | 127.43% | ||
| Cap/Sales | 6.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.5% | ||
| Profit Quality | 107.74% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 3.3 |
F-Score5
WACC7.06%
ROIC/WACC1.37
Cap/Depr(3y)112.24%
Cap/Depr(5y)90.28%
Cap/Sales(3y)5.99%
Cap/Sales(5y)4.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-21.73%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-4.83%
EPS Next Y24.42%
EPS Next 2Y27.48%
EPS Next 3Y26.24%
EPS Next 5YN/A
Revenue 1Y (TTM)24.31%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%11.43%
Revenue Next Year36.57%
Revenue Next 2Y23.26%
Revenue Next 3Y18.51%
Revenue Next 5Y15.64%
EBIT growth 1Y-3.18%
EBIT growth 3Y15.3%
EBIT growth 5Y10.31%
EBIT Next Year87.17%
EBIT Next 3Y36.81%
EBIT Next 5YN/A
FCF growth 1Y79.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y81.85%
OCF growth 3Y-12.18%
OCF growth 5Y-12.5%
INIT INNOVATION IN TRAFFIC S / IXX.DE FAQ
What is the fundamental rating for IXX stock?
ChartMill assigns a fundamental rating of 5 / 10 to IXX.DE.
What is the valuation status for IXX stock?
ChartMill assigns a valuation rating of 5 / 10 to INIT INNOVATION IN TRAFFIC S (IXX.DE). This can be considered as Fairly Valued.
What is the profitability of IXX stock?
INIT INNOVATION IN TRAFFIC S (IXX.DE) has a profitability rating of 5 / 10.
Can you provide the financial health for IXX stock?
The financial health rating of INIT INNOVATION IN TRAFFIC S (IXX.DE) is 4 / 10.
Can you provide the expected EPS growth for IXX stock?
The Earnings per Share (EPS) of INIT INNOVATION IN TRAFFIC S (IXX.DE) is expected to grow by 24.42% in the next year.