INNOVEX INTERNATIONAL INC (INVX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:INVX - US4576511079 - Common Stock
21.65 USD
+0.43 (+2.03%)
21.65 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to INVX. INVX was compared to 60 industry peers in the Energy Equipment & Services industry. INVX has an excellent financial health rating, but there are some minor concerns on its profitability. INVX is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings could make INVX a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
INVX had positive earnings in the past year.
In the past year INVX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: INVX reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: INVX reported negative operating cash flow in multiple years.
1.2 Ratios
INVX has a better Return On Assets (8.06%) than 85.00% of its industry peers.
INVX's Return On Equity of 9.73% is fine compared to the rest of the industry. INVX outperforms 65.00% of its industry peers.
With a decent Return On Invested Capital value of 8.34%, INVX is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| 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
The Profit Margin of INVX (10.58%) is better than 85.00% of its industry peers.
INVX's Profit Margin has improved in the last couple of years.
INVX's Operating Margin of 12.21% is fine compared to the rest of the industry. INVX outperforms 66.67% of its industry peers.
INVX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 32.35%, INVX is in the better half of the industry, outperforming 71.67% of the companies in the same industry.
INVX's Gross Margin has improved in the last couple of years.
| 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
INVX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
INVX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, INVX has more shares outstanding
Compared to 1 year ago, INVX has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.99 indicates that INVX is not in any danger for bankruptcy at the moment.
The Altman-Z score of INVX (5.99) is better than 98.33% of its industry peers.
INVX has a debt to FCF ratio of 0.19. This is a very positive value and a sign of high solvency as it would only need 0.19 years to pay back of 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.
A Debt/Equity ratio of 0.02 indicates that INVX is not too dependend on debt financing.
INVX has a better Debt to Equity ratio (0.02) than 88.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 0.19 | ||
| Altman-Z | 5.99 |
ROIC/WACC0.95
WACC8.76%
2.3 Liquidity
A Current Ratio of 4.78 indicates that INVX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 4.78, INVX belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
A Quick Ratio of 2.93 indicates that INVX has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.93, INVX belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.78 | ||
| Quick Ratio | 2.93 |
3. Growth
3.1 Past
INVX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 246.15%, which is quite impressive.
INVX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 123.23% yearly.
Looking at the last year, INVX shows a very strong growth in Revenue. The Revenue has grown by 47.71%.
Measured over the past years, INVX shows a quite strong growth in Revenue. The Revenue has been growing by 9.76% on average per year.
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
The Earnings Per Share is expected to grow by 66.90% on average over the next years. This is a very strong growth
INVX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.31% yearly.
EPS Next Y446.5%
EPS Next 2Y160.71%
EPS Next 3Y95.77%
EPS Next 5Y66.9%
Revenue Next Year94.87%
Revenue Next 2Y42.23%
Revenue Next 3Y28.85%
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
With a Price/Earnings ratio of 22.79, INVX is valued on the expensive side.
INVX's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.38, INVX is valued at the same level.
INVX is valuated correctly with a Price/Forward Earnings ratio of 13.27.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INVX indicates a somewhat cheap valuation: INVX is cheaper than 76.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, INVX is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.79 | ||
| Fwd PE | 13.27 |
4.2 Price Multiples
61.67% of the companies in the same industry are cheaper than INVX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, INVX is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.57 | ||
| EV/EBITDA | 7.62 |
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.
The decent profitability rating of INVX may justify a higher PE ratio.
INVX's earnings are expected to grow with 95.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)0.18
EPS Next 2Y160.71%
EPS Next 3Y95.77%
5. Dividend
5.1 Amount
INVX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
21.65
+0.43 (+2.03%)
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 Change-1.14%
Market Cap1.49B
Revenue(TTM)955.34M
Net Income(TTM)101.12M
Analysts77.78
Price Target23.12 (6.79%)
Short Float %N/A
Short Ratio9.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)10.47%
EPS NY rev (1m)-11.83%
EPS NY rev (3m)-11.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.79 | ||
| Fwd PE | 13.27 | ||
| P/S | 1.56 | ||
| P/FCF | 10.57 | ||
| P/OCF | 8.53 | ||
| P/B | 1.44 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)0.95
EY4.39%
EPS(NY)1.63
Fwd EY7.53%
FCF(TTM)2.05
FCFY9.46%
OCF(TTM)2.54
OCFY11.73%
SpS13.86
BVpS15.07
TBVpS11.94
PEG (NY)0.05
PEG (5Y)0.18
Graham Number17.95
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 | 5.99 |
F-Score7
WACC8.76%
ROIC/WACC0.95
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 Y446.5%
EPS Next 2Y160.71%
EPS Next 3Y95.77%
EPS Next 5Y66.9%
Revenue 1Y (TTM)47.71%
Revenue growth 3Y27.02%
Revenue growth 5Y9.76%
Sales Q2Q%58.09%
Revenue Next Year94.87%
Revenue Next 2Y42.23%
Revenue Next 3Y28.85%
Revenue Next 5Y22.31%
EBIT growth 1Y95.65%
EBIT growth 3YN/A
EBIT growth 5Y80.9%
EBIT Next Year100.38%
EBIT Next 3Y37.48%
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 22.79 and the Price/Book (PB) ratio is 1.44.
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 446.5% in the next year.