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 5 out of 10 in our fundamental rating. IXX was compared to 101 industry peers in the Software industry. IXX has an average financial health and profitability rating. IXX is growing strongly while it is still valued neutral. This is a good 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.
Each year in the past 5 years IXX has been profitable.
IXX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of IXX (4.57%) is better than 61.39% of its industry peers.
The Return On Equity of IXX (10.96%) is better than 69.31% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.38%, IXX is in the better half of the industry, outperforming 74.26% 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 in line with the industry average of 10.93%.
The 3 year average ROIC (9.12%) for IXX is below the current ROIC(9.38%), indicating increased profibility in the last year.
| 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
The Profit Margin of IXX (5.12%) is comparable to the rest of the industry.
IXX's Profit Margin has declined in the last couple of years.
IXX has a Operating Margin of 8.92%. This is in the better half of the industry: IXX outperforms 63.37% of its industry peers.
IXX's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 36.42%, IXX is not doing good in the industry: 74.26% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IXX is still creating some value.
The number of shares outstanding for IXX has been increased compared to 1 year ago.
The number of shares outstanding for IXX has been reduced compared to 5 years ago.
Compared to 1 year ago, IXX has a worse debt to assets ratio.
2.2 Solvency
IXX has an Altman-Z score of 3.11. 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 3.11, IXX is in line with its industry, outperforming 53.47% of the companies in the same industry.
A Debt/Equity ratio of 0.38 indicates that IXX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.38, IXX is in line with its industry, outperforming 47.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.11 |
ROIC/WACC1.32
WACC7.09%
2.3 Liquidity
A Current Ratio of 1.56 indicates that IXX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.56, IXX is in the better half of the industry, outperforming 65.35% of the companies in the same industry.
A Quick Ratio of 1.10 indicates that IXX should not have too much problems paying its short term obligations.
The Quick ratio of IXX (1.10) is comparable to the rest of the industry.
| 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.
IXX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.71% yearly.
IXX shows a strong growth in Revenue. In the last year, the Revenue has grown by 28.24%.
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.
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
A Price/Earnings ratio of 24.63 indicates a rather expensive valuation of IXX.
83.17% of the companies in the same industry are more expensive than IXX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.29. IXX is around the same levels.
A Price/Forward Earnings ratio of 13.84 indicates a correct valuation of IXX.
Based on the Price/Forward Earnings ratio, IXX is valued cheaply inside the industry as 85.15% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of IXX to the average of the S&P500 Index (21.74), we can say IXX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.63 | ||
| Fwd PE | 13.84 |
4.2 Price Multiples
77.23% of the companies in the same industry are more expensive than IXX, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.63 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of IXX may justify a higher PE ratio.
IXX's earnings are expected to grow with 25.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.69
PEG (5Y)3.67
EPS Next 2Y23.54%
EPS Next 3Y25.07%
5. Dividend
5.1 Amount
IXX has a Yearly Dividend Yield of 2.22%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.77, IXX pays a better dividend. On top of this IXX pays more dividend than 94.06% of the companies listed in the same industry.
IXX's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
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.
The dividend of IXX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP47.27%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
FRA:IXX (7/7/2025, 7:00:00 PM)
36.7
-0.3 (-0.81%)
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 Cap368.47M
Analysts83.33
Price Target57.12 (55.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
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 | 24.63 | ||
| Fwd PE | 13.84 | ||
| P/S | 1.29 | ||
| P/FCF | N/A | ||
| P/OCF | 19.52 | ||
| P/B | 2.76 | ||
| P/tB | 4.94 | ||
| EV/EBITDA | 10.63 |
EPS(TTM)1.49
EY4.06%
EPS(NY)2.65
Fwd EY7.22%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)1.88
OCFY5.12%
SpS28.45
BVpS13.29
TBVpS7.43
PEG (NY)1.69
PEG (5Y)3.67
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 | 3.11 |
F-Score5
WACC7.09%
ROIC/WACC1.32
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%