INIT INNOVATION IN TRAFFIC S (IXX.DE) Stock Fundamental Analysis
FRA:IXX - Deutsche Boerse Ag - DE0005759807 - Common Stock - Currency: EUR
Taking everything into account, IXX scores 6 out of 10 in our fundamental rating. IXX was compared to 101 industry peers in the Software industry. IXX has an excellent profitability rating, but there are some minor concerns on its financial health. IXX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make IXX a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
IXX had positive earnings in the past year.
In the past year IXX had a positive cash flow from operations.
Each year in the past 5 years IXX has been profitable.
Each year in the past 5 years IXX had a positive operating cash flow.
1.2 Ratios
IXX's Return On Assets of 5.91% is fine compared to the rest of the industry. IXX outperforms 62.63% of its industry peers.
Looking at the Return On Equity, with a value of 15.07%, IXX is in the better half of the industry, outperforming 73.74% of the companies in the same industry.
IXX has a better Return On Invested Capital (9.93%) than 75.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IXX is below the industry average of 11.53%.
The 3 year average ROIC (9.43%) for IXX is below the current ROIC(9.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.91% | ||
| ROE | 15.07% | ||
| ROIC | 9.93% |
ROA(3y)6.09%
ROA(5y)6.1%
ROE(3y)12.99%
ROE(5y)13.75%
ROIC(3y)9.43%
ROIC(5y)9.81%
1.3 Margins
IXX has a Profit Margin (7.44%) which is in line with its industry peers.
In the last couple of years the Profit Margin of IXX has grown nicely.
IXX has a better Operating Margin (9.85%) than 61.62% of its industry peers.
In the last couple of years the Operating Margin of IXX has grown nicely.
Looking at the Gross Margin, with a value of 36.67%, IXX is doing worse than 73.74% of the companies in the same industry.
In the last couple of years the Gross Margin of IXX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.85% | ||
| PM (TTM) | 7.44% | ||
| GM | 36.67% |
OM growth 3Y-3.52%
OM growth 5Y10.01%
PM growth 3Y-4.46%
PM growth 5Y31.99%
GM growth 3Y3.3%
GM growth 5Y2.88%
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 less 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
IXX has an Altman-Z score of 3.02. This indicates that IXX is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of IXX (3.02) is comparable to the rest of the industry.
IXX has a debt to FCF ratio of 57.41. This is a negative value and a sign of low solvency as IXX would need 57.41 years to pay back of all of its debts.
IXX has a Debt to FCF ratio (57.41) which is comparable to the rest of the industry.
IXX has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of IXX (0.46) is worse than 65.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 57.41 | ||
| Altman-Z | 3.02 |
ROIC/WACC1.39
WACC7.13%
2.3 Liquidity
IXX has a Current Ratio of 1.55. This is a normal value and indicates that IXX is financially healthy and should not expect problems in meeting its short term obligations.
IXX's Current ratio of 1.55 is fine compared to the rest of the industry. IXX outperforms 64.65% of its industry peers.
A Quick Ratio of 1.03 indicates that IXX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.03, IXX is doing worse than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.53% over the past year.
IXX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 44.54% yearly.
The Revenue has grown by 21.04% in the past year. This is a very strong growth!
The Revenue has been growing by 9.21% on average over the past years. This is quite good.
EPS 1Y (TTM)25.53%
EPS 3Y0.85%
EPS 5Y44.54%
EPS Q2Q%-10.07%
Revenue 1Y (TTM)21.04%
Revenue growth 3Y5.28%
Revenue growth 5Y9.21%
Sales Q2Q%19.14%
3.2 Future
The Earnings Per Share is expected to grow by 30.68% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 15.41% on average over the next years. This is quite good.
EPS Next Y13.91%
EPS Next 2Y30.97%
EPS Next 3Y30.68%
EPS Next 5YN/A
Revenue Next Year24.57%
Revenue Next 2Y23.36%
Revenue Next 3Y21.72%
Revenue Next 5Y15.41%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 20.81 indicates a rather expensive valuation of IXX.
Compared to the rest of the industry, the Price/Earnings ratio of IXX indicates a rather cheap valuation: IXX is cheaper than 85.86% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. IXX is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 14.72, which indicates a correct valuation of IXX.
IXX's Price/Forward Earnings ratio is rather cheap when compared to the industry. IXX is cheaper than 83.84% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, IXX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.81 | ||
| Fwd PE | 14.72 |
4.2 Price Multiples
71.72% of the companies in the same industry are more expensive than IXX, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IXX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 202.8 | ||
| EV/EBITDA | 12.47 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
IXX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as IXX's earnings are expected to grow with 30.68% in the coming years.
PEG (NY)1.5
PEG (5Y)0.47
EPS Next 2Y30.97%
EPS Next 3Y30.68%
5. Dividend
5.1 Amount
IXX has a Yearly Dividend Yield of 1.81%.
IXX's Dividend Yield is rather good when compared to the industry average which is at 2.92. IXX pays more dividend than 93.94% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.33, IXX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
5.2 History
The dividend of IXX is nicely growing with an annual growth rate of 24.63%!
Dividend Growth(5Y)24.63%
Div Incr Years2
Div Non Decr Years5
5.3 Sustainability
IXX pays out 37.87% of its income as dividend. This is a sustainable payout ratio.
The dividend of IXX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP37.87%
EPS Next 2Y30.97%
EPS Next 3Y30.68%
FRA:IXX (3/7/2025, 7:00:00 PM)
38.5
-0.1 (-0.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners24.79%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap386.54M
Analysts83.33
Price Target55.08 (43.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
Yearly Dividend0.7
Dividend Growth(5Y)24.63%
DP37.87%
Div Incr Years2
Div Non Decr Years5
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.91%
EPS NY rev (3m)-4.44%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.66%
Revenue NY rev (3m)2.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.81 | ||
| Fwd PE | 14.72 | ||
| P/S | 1.57 | ||
| P/FCF | 202.8 | ||
| P/OCF | 19.36 | ||
| P/B | 3.19 | ||
| P/tB | 5.88 | ||
| EV/EBITDA | 12.47 |
EPS(TTM)1.85
EY4.81%
EPS(NY)2.62
Fwd EY6.79%
FCF(TTM)0.19
FCFY0.49%
OCF(TTM)1.99
OCFY5.16%
SpS24.49
BVpS12.09
TBVpS6.55
PEG (NY)1.5
PEG (5Y)0.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.91% | ||
| ROE | 15.07% | ||
| ROCE | 12.42% | ||
| ROIC | 9.93% | ||
| ROICexc | 12.31% | ||
| ROICexgc | 19.04% | ||
| OM | 9.85% | ||
| PM (TTM) | 7.44% | ||
| GM | 36.67% | ||
| FCFM | 0.78% |
ROA(3y)6.09%
ROA(5y)6.1%
ROE(3y)12.99%
ROE(5y)13.75%
ROIC(3y)9.43%
ROIC(5y)9.81%
ROICexc(3y)11.69%
ROICexc(5y)12.29%
ROICexgc(3y)15.46%
ROICexgc(5y)16.06%
ROCE(3y)11.79%
ROCE(5y)12.27%
ROICexcg growth 3Y-7.17%
ROICexcg growth 5Y8.85%
ROICexc growth 3Y-6.63%
ROICexc growth 5Y7.82%
OM growth 3Y-3.52%
OM growth 5Y10.01%
PM growth 3Y-4.46%
PM growth 5Y31.99%
GM growth 3Y3.3%
GM growth 5Y2.88%
F-Score7
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 57.41 | ||
| Debt/EBITDA | 1.51 | ||
| Cap/Depr | 144.46% | ||
| Cap/Sales | 7.34% | ||
| Interest Coverage | 63.1 | ||
| Cash Conversion | 54.35% | ||
| Profit Quality | 10.42% | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 3.02 |
F-Score7
WACC7.13%
ROIC/WACC1.39
Cap/Depr(3y)82.16%
Cap/Depr(5y)80.44%
Cap/Sales(3y)4.41%
Cap/Sales(5y)4.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.53%
EPS 3Y0.85%
EPS 5Y44.54%
EPS Q2Q%-10.07%
EPS Next Y13.91%
EPS Next 2Y30.97%
EPS Next 3Y30.68%
EPS Next 5YN/A
Revenue 1Y (TTM)21.04%
Revenue growth 3Y5.28%
Revenue growth 5Y9.21%
Sales Q2Q%19.14%
Revenue Next Year24.57%
Revenue Next 2Y23.36%
Revenue Next 3Y21.72%
Revenue Next 5Y15.41%
EBIT growth 1Y28.32%
EBIT growth 3Y1.57%
EBIT growth 5Y20.13%
EBIT Next Year82.79%
EBIT Next 3Y39.54%
EBIT Next 5YN/A
FCF growth 1Y-82.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.54%
OCF growth 3Y-31.13%
OCF growth 5Y-9.03%