INNOVEX INTERNATIONAL INC (INVX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:INVX - US4576511079 - Common Stock
22.35 USD
-0.16 (-0.71%)
22.35 USD
0 (0%)
INVX gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 60 industry peers in the Energy Equipment & Services industry. INVX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. INVX is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes INVX very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year INVX was profitable.
INVX had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: INVX reported negative net income in multiple years.
In multiple years INVX reported negative operating cash flow during the last 5 years.
1.2 Ratios
INVX's Return On Assets of 8.06% is amongst the best of the industry. INVX outperforms 83.33% of its industry peers.
The Return On Equity of INVX (9.73%) is better than 61.67% of its industry peers.
The Return On Invested Capital of INVX (8.34%) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.06% | ||
| ROE | 9.73% | ||
| ROIC | 8.34% |
ROA(3y)3.87%
ROA(5y)-0.76%
ROE(3y)4.84%
ROE(5y)-0.55%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
INVX has a better Profit Margin (10.58%) than 83.33% of its industry peers.
In the last couple of years the Profit Margin of INVX has grown nicely.
INVX has a better Operating Margin (12.21%) than 65.00% of its industry peers.
INVX's Operating Margin has improved in the last couple of years.
INVX has a Gross Margin of 32.35%. This is in the better half of the industry: INVX outperforms 68.33% of its industry peers.
In the last couple of years the Gross Margin of INVX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.21% | ||
| PM (TTM) | 10.58% | ||
| GM | 32.35% |
OM growth 3YN/A
OM growth 5Y64.81%
PM growth 3YN/A
PM growth 5Y120.24%
GM growth 3Y12.33%
GM growth 5Y4.04%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so INVX is destroying value.
INVX has more shares outstanding than it did 1 year ago.
INVX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for INVX is higher compared to a year ago.
2.2 Solvency
INVX has an Altman-Z score of 6.23. This indicates that INVX is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.23, INVX belongs to the best of the industry, outperforming 98.33% of the companies in the same industry.
The Debt to FCF ratio of INVX is 0.19, which is an excellent value as it means it would take INVX, only 0.19 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.19, INVX belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
INVX has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of INVX (0.02) is better than 88.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Altman-Z | 6.23 |
ROIC/WACC0.96
WACC8.65%
2.3 Liquidity
A Current Ratio of 4.78 indicates that INVX has no problem at all paying its short term obligations.
INVX has a Current ratio of 4.78. This is amongst the best in the industry. INVX outperforms 93.33% of its industry peers.
A Quick Ratio of 2.93 indicates that INVX has no problem at all paying its short term obligations.
INVX's Quick ratio of 2.93 is amongst the best of the industry. INVX outperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.78 | ||
| Quick Ratio | 2.93 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 246.15% over the past year.
Measured over the past years, INVX shows a very strong growth in Earnings Per Share. The EPS has been growing by 123.23% on average per year.
Looking at the last year, INVX shows a very strong growth in Revenue. The Revenue has grown by 47.71%.
INVX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.76% yearly.
EPS 1Y (TTM)246.15%
EPS 3YN/A
EPS 5Y123.23%
EPS Q2Q%170.59%
Revenue 1Y (TTM)47.71%
Revenue growth 3Y27.02%
Revenue growth 5Y9.76%
Sales Q2Q%58.09%
3.2 Future
Based on estimates for the next years, INVX will show a very strong growth in Earnings Per Share. The EPS will grow by 66.90% on average per year.
Based on estimates for the next years, INVX will show a very strong growth in Revenue. The Revenue will grow by 22.31% on average per year.
EPS Next Y493%
EPS Next 2Y148.21%
EPS Next 3YN/A
EPS Next 5Y66.9%
Revenue Next Year93.68%
Revenue Next 2Y41.05%
Revenue Next 3YN/A
Revenue Next 5Y22.31%
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
Based on the Price/Earnings ratio of 23.53, the valuation of INVX can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of INVX is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.15, INVX is valued at the same level.
With a Price/Forward Earnings ratio of 15.80, INVX is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INVX is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of INVX to the average of the S&P500 Index (36.12), we can say INVX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.53 | ||
| Fwd PE | 15.8 |
4.2 Price Multiples
INVX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. INVX is more expensive than 63.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, INVX is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.89 | ||
| EV/EBITDA | 8.11 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
INVX has a very decent profitability rating, which may justify a higher PE ratio.
INVX's earnings are expected to grow with 148.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)0.19
EPS Next 2Y148.21%
EPS Next 3YN/A
5. Dividend
5.1 Amount
INVX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.35
-0.16 (-0.71%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners47.97%
Inst Owner Change0.98%
Ins Owners1.52%
Ins Owner Change3.11%
Market Cap1.54B
Revenue(TTM)955.34M
Net Income(TTM)101.12M
Analysts77.78
Price Target23.12 (3.45%)
Short Float %N/A
Short Ratio8.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend1.45
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-43.31%
Min EPS beat(2)-62.53%
Max EPS beat(2)-24.08%
EPS beat(4)1
Avg EPS beat(4)-15.03%
Min EPS beat(4)-62.53%
Max EPS beat(4)49.19%
EPS beat(8)1
Avg EPS beat(8)-142.72%
EPS beat(12)2
Avg EPS beat(12)-111.91%
EPS beat(16)3
Avg EPS beat(16)-84.71%
Revenue beat(2)1
Avg Revenue beat(2)2.01%
Min Revenue beat(2)-4.42%
Max Revenue beat(2)8.43%
Revenue beat(4)3
Avg Revenue beat(4)5.34%
Min Revenue beat(4)-4.42%
Max Revenue beat(4)10.21%
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)23.64%
PT rev (3m)23.64%
EPS NQ rev (1m)10.47%
EPS NQ rev (3m)28.24%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.53 | ||
| Fwd PE | 15.8 | ||
| P/S | 1.61 | ||
| P/FCF | 10.89 | ||
| P/OCF | 8.78 | ||
| P/B | 1.48 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 8.11 |
EPS(TTM)0.95
EY4.25%
EPS(NY)1.41
Fwd EY6.33%
FCF(TTM)2.05
FCFY9.18%
OCF(TTM)2.54
OCFY11.39%
SpS13.89
BVpS15.11
TBVpS11.97
PEG (NY)0.05
PEG (5Y)0.19
Graham Number17.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.06% | ||
| ROE | 9.73% | ||
| ROCE | 10.56% | ||
| ROIC | 8.34% | ||
| ROICexc | 9.79% | ||
| ROICexgc | 12.7% | ||
| OM | 12.21% | ||
| PM (TTM) | 10.58% | ||
| GM | 32.35% | ||
| FCFM | 14.78% |
ROA(3y)3.87%
ROA(5y)-0.76%
ROE(3y)4.84%
ROE(5y)-0.55%
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
ROICexgc growth 3YN/A
ROICexgc growth 5Y74.94%
ROICexc growth 3YN/A
ROICexc growth 5Y70.29%
OM growth 3YN/A
OM growth 5Y64.81%
PM growth 3YN/A
PM growth 5Y120.24%
GM growth 3Y12.33%
GM growth 5Y4.04%
F-Score7
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Debt/EBITDA | 0.12 | ||
| Cap/Depr | 59.02% | ||
| Cap/Sales | 3.54% | ||
| Interest Coverage | 80.3 | ||
| Cash Conversion | 100.59% | ||
| Profit Quality | 139.63% | ||
| Current Ratio | 4.78 | ||
| Quick Ratio | 2.93 | ||
| Altman-Z | 6.23 |
F-Score7
WACC8.65%
ROIC/WACC0.96
Cap/Depr(3y)71.76%
Cap/Depr(5y)56.98%
Cap/Sales(3y)4.99%
Cap/Sales(5y)4.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)246.15%
EPS 3YN/A
EPS 5Y123.23%
EPS Q2Q%170.59%
EPS Next Y493%
EPS Next 2Y148.21%
EPS Next 3YN/A
EPS Next 5Y66.9%
Revenue 1Y (TTM)47.71%
Revenue growth 3Y27.02%
Revenue growth 5Y9.76%
Sales Q2Q%58.09%
Revenue Next Year93.68%
Revenue Next 2Y41.05%
Revenue Next 3YN/A
Revenue Next 5Y22.31%
EBIT growth 1Y95.65%
EBIT growth 3YN/A
EBIT growth 5Y80.9%
EBIT Next Year99.1%
EBIT Next 3YN/A
EBIT Next 5Y29.59%
FCF growth 1Y326.98%
FCF growth 3Y41.07%
FCF growth 5Y90.29%
OCF growth 1Y586.06%
OCF growth 3Y34.47%
OCF growth 5Y44.76%
INNOVEX INTERNATIONAL INC / INVX FAQ
Can you provide the ChartMill fundamental rating for INNOVEX INTERNATIONAL INC?
ChartMill assigns a fundamental rating of 7 / 10 to INVX.
What is the valuation status of INNOVEX INTERNATIONAL INC (INVX) stock?
ChartMill assigns a valuation rating of 5 / 10 to INNOVEX INTERNATIONAL INC (INVX). This can be considered as Fairly Valued.
What is the profitability of INVX stock?
INNOVEX INTERNATIONAL INC (INVX) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for INVX stock?
The Price/Earnings (PE) ratio for INNOVEX INTERNATIONAL INC (INVX) is 23.53 and the Price/Book (PB) ratio is 1.48.
What is the expected EPS growth for INNOVEX INTERNATIONAL INC (INVX) stock?
The Earnings per Share (EPS) of INNOVEX INTERNATIONAL INC (INVX) is expected to grow by 493% in the next year.