INIT INNOVATION IN TRAFFIC S (IXX.DE) Stock Fundamental Analysis
FRA:IXX - Deutsche Boerse Ag - DE0005759807 - Common Stock - Currency: EUR
IXX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 99 industry peers in the Software industry. IXX has only an average score on both its financial health and profitability. IXX is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year IXX was profitable.
IXX had a positive operating cash flow in the past year.
In the past 5 years IXX has always been profitable.
Each year in the past 5 years IXX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of IXX (4.57%) is comparable to the rest of the industry.
IXX has a Return On Equity of 10.96%. This is in the better half of the industry: IXX outperforms 67.68% of its industry peers.
The Return On Invested Capital of IXX (9.38%) is better than 74.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IXX is in line with the industry average of 10.83%.
The last Return On Invested Capital (9.38%) for IXX is above the 3 year average (9.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 10.96% | ||
| ROIC | 9.38% |
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 of 5.12%. This is comparable to the rest of the industry: IXX outperforms 55.56% of its industry peers.
IXX's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 8.92%, IXX is doing good in the industry, outperforming 63.64% of the companies in the same industry.
In the last couple of years the Operating Margin of IXX has remained more or less at the same level.
With a Gross Margin value of 36.42%, IXX is not doing good in the industry: 71.72% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of IXX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.92% | ||
| PM (TTM) | 5.12% | ||
| GM | 36.42% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IXX is creating some value.
The number of shares outstanding for IXX has been increased compared to 1 year ago.
Compared to 5 years ago, IXX has less shares outstanding
Compared to 1 year ago, IXX has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.14 indicates that IXX is not in any danger for bankruptcy at the moment.
IXX has a Altman-Z score (3.14) which is in line with its industry peers.
IXX has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of IXX (0.38) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.14 |
ROIC/WACC1.29
WACC7.27%
2.3 Liquidity
A Current Ratio of 1.56 indicates that IXX should not have too much problems paying its short term obligations.
IXX's Current ratio of 1.56 is fine compared to the rest of the industry. IXX outperforms 66.67% of its industry peers.
IXX has a Quick Ratio of 1.10. 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 Quick ratio (1.10) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The earnings per share for IXX have decreased strongly by -23.61% 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.
The Revenue has grown by 28.24% in the past year. This is a very strong growth!
IXX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.17% yearly.
EPS 1Y (TTM)-23.61%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-35.16%
Revenue 1Y (TTM)28.24%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%39.55%
3.2 Future
The Earnings Per Share is expected to grow by 25.07% on average over the next years. This is a very strong growth
IXX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.08% yearly.
EPS Next Y14.53%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
EPS Next 5YN/A
Revenue Next Year21.36%
Revenue Next 2Y18.63%
Revenue Next 3Y16.93%
Revenue Next 5Y16.08%
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.
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
With a Price/Earnings ratio of 26.71, IXX can be considered very expensive at the moment.
IXX's Price/Earnings ratio is rather cheap when compared to the industry. IXX is cheaper than 82.83% of the companies in the same industry.
When comparing the Price/Earnings ratio of IXX to the average of the S&P500 Index (27.50), we can say IXX is valued inline with the index average.
IXX is valuated correctly with a Price/Forward Earnings ratio of 15.01.
Based on the Price/Forward Earnings ratio, IXX is valued cheaper than 87.88% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of IXX to the average of the S&P500 Index (36.44), we can say IXX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.71 | ||
| Fwd PE | 15.01 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IXX indicates a somewhat cheap valuation: IXX is cheaper than 78.79% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.88 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IXX does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of IXX may justify a higher PE ratio.
A more expensive valuation may be justified as IXX's earnings are expected to grow with 25.07% in the coming years.
PEG (NY)1.84
PEG (5Y)3.98
EPS Next 2Y23.54%
EPS Next 3Y25.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.11%, IXX has a reasonable but not impressive dividend return.
IXX's Dividend Yield is rather good when compared to the industry average which is at 2.06. IXX pays more dividend than 92.93% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, IXX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
5.2 History
On average, the dividend of IXX grows each year by 39.51%, which is quite nice.
Dividend Growth(5Y)39.51%
Div Incr Years3
Div Non Decr Years6
5.3 Sustainability
IXX pays out 47.27% 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.
DP47.27%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
FRA:IXX (7/18/2025, 7:00:00 PM)
39.8
+2.1 (+5.57%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners14.48%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap399.59M
Analysts83.33
Price Target57.12 (43.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
Yearly Dividend0.7
Dividend Growth(5Y)39.51%
DP47.27%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.71 | ||
| Fwd PE | 15.01 | ||
| P/S | 1.4 | ||
| P/FCF | N/A | ||
| P/OCF | 21.16 | ||
| P/B | 3 | ||
| P/tB | 5.36 | ||
| EV/EBITDA | 10.88 |
EPS(TTM)1.49
EY3.74%
EPS(NY)2.65
Fwd EY6.66%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)1.88
OCFY4.73%
SpS28.45
BVpS13.29
TBVpS7.43
PEG (NY)1.84
PEG (5Y)3.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 10.96% | ||
| ROCE | 12.58% | ||
| ROIC | 9.38% | ||
| ROICexc | 10.76% | ||
| ROICexgc | 16.15% | ||
| OM | 8.92% | ||
| PM (TTM) | 5.12% | ||
| GM | 36.42% | ||
| FCFM | N/A |
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%
ROICexcg growth 3Y4.46%
ROICexcg 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 Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.26 | ||
| Cap/Depr | 128.39% | ||
| Cap/Sales | 6.86% | ||
| Interest Coverage | 36.67 | ||
| Cash Conversion | 46.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 3.14 |
F-Score5
WACC7.27%
ROIC/WACC1.29
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)-23.61%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-35.16%
EPS Next Y14.53%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
EPS Next 5YN/A
Revenue 1Y (TTM)28.24%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%39.55%
Revenue Next Year21.36%
Revenue Next 2Y18.63%
Revenue Next 3Y16.93%
Revenue Next 5Y16.08%
EBIT growth 1Y2.47%
EBIT growth 3Y15.3%
EBIT growth 5Y10.31%
EBIT Next Year76.79%
EBIT Next 3Y37.01%
EBIT Next 5YN/A
FCF growth 1Y-104.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-29.28%
OCF growth 3Y-12.18%
OCF growth 5Y-12.5%