INNODATA INC (INOD) Stock Fundamental Analysis
USA - NASDAQ:INOD - US4576422053 - Common Stock
70.57 USD
+0.66 (+0.94%)
70.7 USD
+0.13 (+0.18%)
Taking everything into account, INOD scores 6 out of 10 in our fundamental rating. INOD was compared to 81 industry peers in the Professional Services industry. INOD is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. INOD shows excellent growth, but is valued quite expensive already. This makes INOD very considerable for growth investing!
1. Profitability
1.1 Basic Checks
INOD had positive earnings in the past year.
In the past year INOD had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: INOD reported negative net income in multiple years.
INOD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
INOD has a better Return On Assets (32.19%) than 100.00% of its industry peers.
INOD's Return On Equity of 49.23% is amongst the best of the industry. INOD outperforms 92.68% of its industry peers.
INOD has a Return On Invested Capital of 32.70%. This is amongst the best in the industry. INOD outperforms 98.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 32.19% | ||
| ROE | 49.23% | ||
| ROIC | 32.7% |
ROA(3y)-0.37%
ROA(5y)-0.57%
ROE(3y)-7.33%
ROE(5y)-5.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of INOD (18.71%) is better than 89.02% of its industry peers.
INOD has a Operating Margin of 17.69%. This is amongst the best in the industry. INOD outperforms 82.93% of its industry peers.
INOD has a Gross Margin of 41.58%. This is comparable to the rest of the industry: INOD outperforms 58.54% of its industry peers.
In the last couple of years the Gross Margin of INOD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.69% | ||
| PM (TTM) | 18.71% | ||
| GM | 41.58% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.49%
GM growth 5Y3.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so INOD is creating value.
INOD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, INOD has more shares outstanding
The debt/assets ratio for INOD has been reduced compared to a year ago.
2.2 Solvency
INOD has an Altman-Z score of 33.06. This indicates that INOD is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 33.06, INOD belongs to the top of the industry, outperforming 98.78% of the companies in the same industry.
There is no outstanding debt for INOD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 33.06 |
ROIC/WACC3.73
WACC8.76%
2.3 Liquidity
INOD has a Current Ratio of 2.87. This indicates that INOD is financially healthy and has no problem in meeting its short term obligations.
INOD's Current ratio of 2.87 is amongst the best of the industry. INOD outperforms 84.15% of its industry peers.
INOD has a Quick Ratio of 2.87. This indicates that INOD is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 2.87, INOD belongs to the best of the industry, outperforming 85.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.87 |
3. Growth
3.1 Past
INOD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1277.78%, which is quite impressive.
The Revenue has grown by 112.54% in the past year. This is a very strong growth!
The Revenue has been growing by 25.00% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)1277.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%41000%
Revenue 1Y (TTM)112.54%
Revenue growth 3Y34.69%
Revenue growth 5Y25%
Sales Q2Q%79.38%
3.2 Future
INOD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.98% yearly.
The Revenue is expected to grow by 23.97% on average over the next years. This is a very strong growth
EPS Next Y-9.13%
EPS Next 2Y12.65%
EPS Next 3Y15.98%
EPS Next 5YN/A
Revenue Next Year50.62%
Revenue Next 2Y35.32%
Revenue Next 3Y23.97%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 56.91, the valuation of INOD can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of INOD indicates a slightly more expensive valuation: INOD is more expensive than 68.29% of the companies listed in the same industry.
INOD is valuated expensively when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
INOD is valuated quite expensively with a Price/Forward Earnings ratio of 65.42.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INOD indicates a slightly more expensive valuation: INOD is more expensive than 65.85% of the companies listed in the same industry.
INOD is valuated expensively when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.91 | ||
| Fwd PE | 65.42 |
4.2 Price Multiples
71.95% of the companies in the same industry are cheaper than INOD, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, INOD is valued a bit more expensive than 62.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.31 | ||
| EV/EBITDA | 46.92 |
4.3 Compensation for Growth
INOD has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as INOD's earnings are expected to grow with 15.98% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y12.65%
EPS Next 3Y15.98%
5. Dividend
5.1 Amount
INOD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
70.57
+0.66 (+0.94%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners56.74%
Inst Owner Change-6.11%
Ins Owners4.43%
Ins Owner Change0.39%
Market Cap2.25B
Analysts83.64
Price Target65.69 (-6.92%)
Short Float %19.38%
Short Ratio2.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.71%
Min EPS beat(2)23.78%
Max EPS beat(2)43.65%
EPS beat(4)4
Avg EPS beat(4)99.98%
Min EPS beat(4)23.78%
Max EPS beat(4)290.63%
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)1
Avg Revenue beat(2)0.41%
Min Revenue beat(2)-0.77%
Max Revenue beat(2)1.59%
Revenue beat(4)3
Avg Revenue beat(4)13.01%
Min Revenue beat(4)-0.77%
Max Revenue beat(4)41.78%
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)-5.19%
EPS NQ rev (3m)-28.08%
EPS NY rev (1m)0%
EPS NY rev (3m)2.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.91 | ||
| Fwd PE | 65.42 | ||
| P/S | 9.85 | ||
| P/FCF | 62.31 | ||
| P/OCF | 51.31 | ||
| P/B | 25.92 | ||
| P/tB | 31.79 | ||
| EV/EBITDA | 46.92 |
EPS(TTM)1.24
EY1.76%
EPS(NY)1.08
Fwd EY1.53%
FCF(TTM)1.13
FCFY1.6%
OCF(TTM)1.38
OCFY1.95%
SpS7.16
BVpS2.72
TBVpS2.22
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 32.19% | ||
| ROE | 49.23% | ||
| ROCE | 41.39% | ||
| ROIC | 32.7% | ||
| ROICexc | 84.55% | ||
| ROICexgc | 146.97% | ||
| OM | 17.69% | ||
| PM (TTM) | 18.71% | ||
| GM | 41.58% | ||
| FCFM | 15.81% |
ROA(3y)-0.37%
ROA(5y)-0.57%
ROE(3y)-7.33%
ROE(5y)-5.1%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.49%
GM growth 5Y3.47%
F-Score8
Asset Turnover1.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 123.2% | ||
| Cap/Sales | 3.39% | ||
| Interest Coverage | 292.45 | ||
| Cash Conversion | 93.93% | ||
| Profit Quality | 84.5% | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.87 | ||
| Altman-Z | 33.06 |
F-Score8
WACC8.76%
ROIC/WACC3.73
Cap/Depr(3y)139.8%
Cap/Depr(5y)126.76%
Cap/Sales(3y)6.41%
Cap/Sales(5y)5.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1277.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%41000%
EPS Next Y-9.13%
EPS Next 2Y12.65%
EPS Next 3Y15.98%
EPS Next 5YN/A
Revenue 1Y (TTM)112.54%
Revenue growth 3Y34.69%
Revenue growth 5Y25%
Sales Q2Q%79.38%
Revenue Next Year50.62%
Revenue Next 2Y35.32%
Revenue Next 3Y23.97%
Revenue Next 5YN/A
EBIT growth 1Y110.5%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year125.1%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3778.71%
FCF growth 3Y227%
FCF growth 5Y59.89%
OCF growth 1Y541.35%
OCF growth 3Y89.44%
OCF growth 5Y52.25%