INIT INNOVATION IN TRAFFIC S (IXX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:IXX - DE0005759807 - Common Stock
47.2 EUR
-0.9 (-1.87%)
Overall IXX gets a fundamental rating of 5 out of 10. We evaluated IXX against 114 industry peers in the Software industry. IXX has an average financial health and profitability rating. IXX is not priced too expensively while it is growing strongly. Keep and eye on this one!
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.
- IXX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- IXX has a Return On Assets (5.22%) which is in line with its industry peers.
- Looking at the Return On Equity, with a value of 12.87%, IXX is in line with its industry, outperforming 57.89% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 11.40%, IXX is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for IXX is below the industry average of 13.49%.
- The 3 year average ROIC (9.12%) for IXX is below the current ROIC(11.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.22% | ||
| ROE | 12.87% | ||
| ROIC | 11.4% |
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
- IXX has a Profit Margin (5.30%) which is in line with its industry peers.
- IXX's Profit Margin has declined in the last couple of years.
- The Operating Margin of IXX (9.41%) is comparable to the rest of the industry.
- IXX's Operating Margin has been stable in the last couple of years.
- Looking at the Gross Margin, with a value of 37.97%, IXX is doing worse than 76.32% of the companies in the same industry.
- IXX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.41% | ||
| PM (TTM) | 5.3% | ||
| GM | 37.97% |
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
- IXX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, IXX has more shares outstanding
- Compared to 5 years ago, IXX has less shares outstanding
- The debt/assets ratio for IXX is higher compared to a year ago.
2.2 Solvency
- IXX has an Altman-Z score of 3.54. This indicates that IXX is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 3.54, IXX is in line with its industry, outperforming 58.77% of the companies in the same industry.
- The Debt to FCF ratio of IXX is 6.24, which is on the high side as it means it would take IXX, 6.24 years of fcf income to pay off all of its debts.
- IXX has a Debt to FCF ratio (6.24) which is comparable to the rest of the industry.
- IXX has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
- IXX has a Debt to Equity ratio (0.36) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 6.24 | ||
| Altman-Z | 3.54 |
ROIC/WACC1.57
WACC7.26%
2.3 Liquidity
- IXX has a Current Ratio of 1.44. This is a normal value and indicates that IXX is financially healthy and should not expect problems in meeting its short term obligations.
- IXX has a Current ratio of 1.44. This is comparable to the rest of the industry: IXX outperforms 49.12% of its industry peers.
- A Quick Ratio of 1.02 indicates that IXX should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.02, IXX is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
- The earnings per share for IXX have decreased by -8.67% in the last year.
- Measured over the past 5 years, IXX shows a small growth in Earnings Per Share. The EPS has been growing by 6.71% on average per year.
- IXX shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.88%.
- The Revenue has been growing by 11.17% on average over the past years. This is quite good.
EPS 1Y (TTM)-8.67%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%63.18%
Revenue 1Y (TTM)27.88%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%33.76%
3.2 Future
- IXX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.20% yearly.
- The Revenue is expected to grow by 15.23% on average over the next years. This is quite good.
EPS Next Y23.84%
EPS Next 2Y27.51%
EPS Next 3Y26.2%
EPS Next 5YN/A
Revenue Next Year35.44%
Revenue Next 2Y23.53%
Revenue Next 3Y18.47%
Revenue Next 5Y15.23%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 27.93, the valuation of IXX can be described as expensive.
- Based on the Price/Earnings ratio, IXX is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
- IXX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.82, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 16.71 indicates a correct valuation of IXX.
- IXX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IXX is cheaper than 79.82% of the companies in the same industry.
- IXX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.95, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.93 | ||
| Fwd PE | 16.71 |
4.2 Price Multiples
- IXX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. IXX is cheaper than 74.56% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, IXX is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.07 | ||
| EV/EBITDA | 11.87 |
4.3 Compensation for Growth
- IXX's 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 26.20% in the coming years.
PEG (NY)1.17
PEG (5Y)4.16
EPS Next 2Y27.51%
EPS Next 3Y26.2%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.63%, IXX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 0.68, IXX pays a better dividend. On top of this IXX pays more dividend than 86.84% of the companies listed in the same industry.
- IXX's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.63% |
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 47.67% 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.
DP47.67%
EPS Next 2Y27.51%
EPS Next 3Y26.2%
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.
Can you provide the valuation status for INIT INNOVATION IN TRAFFIC S?
ChartMill assigns a valuation rating of 5 / 10 to INIT INNOVATION IN TRAFFIC S (IXX.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for INIT INNOVATION IN TRAFFIC S?
INIT INNOVATION IN TRAFFIC S (IXX.DE) has a profitability rating of 5 / 10.
What is the earnings growth outlook for INIT INNOVATION IN TRAFFIC S?
The Earnings per Share (EPS) of INIT INNOVATION IN TRAFFIC S (IXX.DE) is expected to grow by 23.84% in the next year.
Is the dividend of INIT INNOVATION IN TRAFFIC S sustainable?
The dividend rating of INIT INNOVATION IN TRAFFIC S (IXX.DE) is 5 / 10 and the dividend payout ratio is 47.67%.