INNOVEX INTERNATIONAL INC (INVX) Stock Fundamental Analysis
USA - NYSE:INVX - US4576511079 - Common Stock
17.55 USD
-0.21 (-1.18%)
17.55 USD
0 (0%)
Taking everything into account, INVX scores 7 out of 10 in our fundamental rating. INVX was compared to 61 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 not overvalued while it is showing excellent growth. This is an interesting combination. This makes INVX very considerable for growth investing!
1. Profitability
1.1 Basic Checks
INVX had positive earnings in the past year.
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.
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
Looking at the Return On Assets, with a value of 11.77%, INVX belongs to the top of the industry, outperforming 95.08% of the companies in the same industry.
INVX has a Return On Equity of 14.51%. This is in the better half of the industry: INVX outperforms 77.05% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.20%, INVX is in the better half of the industry, outperforming 62.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.77% | ||
| ROE | 14.51% | ||
| ROIC | 7.2% |
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
With an excellent Profit Margin value of 16.66%, INVX belongs to the best of the industry, outperforming 91.80% of the companies in the same industry.
INVX's Profit Margin has improved in the last couple of years.
The Operating Margin of INVX (11.37%) is better than 63.93% of its industry peers.
In the last couple of years the Operating Margin of INVX has grown nicely.
Looking at the Gross Margin, with a value of 32.96%, INVX is in the better half of the industry, outperforming 65.57% of the companies in the same industry.
INVX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.37% | ||
| PM (TTM) | 16.66% | ||
| GM | 32.96% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), INVX is destroying value.
Compared to 1 year ago, INVX has more shares outstanding
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 4.88. This indicates that INVX is financially healthy and has little risk of bankruptcy at the moment.
INVX has a better Altman-Z score (4.88) than 95.08% of its industry peers.
INVX has a debt to FCF ratio of 0.23. This is a very positive value and a sign of high solvency as it would only need 0.23 years to pay back of all of its debts.
The Debt to FCF ratio of INVX (0.23) is better than 95.08% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that INVX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.03, INVX belongs to the top of the industry, outperforming 86.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.23 | ||
| Altman-Z | 4.88 |
ROIC/WACC0.83
WACC8.66%
2.3 Liquidity
INVX has a Current Ratio of 4.60. This indicates that INVX is financially healthy and has no problem in meeting its short term obligations.
INVX has a Current ratio of 4.60. This is amongst the best in the industry. INVX outperforms 90.16% of its industry peers.
INVX has a Quick Ratio of 2.69. This indicates that INVX is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of INVX (2.69) is better than 86.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.6 | ||
| Quick Ratio | 2.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 204.76% 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.
The Revenue has grown by 41.65% in the past year. This is a very strong growth!
The Revenue has been growing by 9.76% on average over the past years. This is quite good.
EPS 1Y (TTM)204.76%
EPS 3YN/A
EPS 5Y123.23%
EPS Q2Q%130%
Revenue 1Y (TTM)41.65%
Revenue growth 3Y27.02%
Revenue growth 5Y9.76%
Sales Q2Q%86.33%
3.2 Future
INVX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 148.21% yearly.
Based on estimates for the next years, INVX will show a very strong growth in Revenue. The Revenue will grow by 41.05% on average per year.
EPS Next Y493%
EPS Next 2Y148.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year93.68%
Revenue Next 2Y41.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 26.59, INVX can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as INVX.
When comparing the Price/Earnings ratio of INVX to the average of the S&P500 Index (27.40), we can say INVX is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 12.41, the valuation of INVX can be described as correct.
Based on the Price/Forward Earnings ratio, INVX is valued a bit cheaper than the industry average as 70.49% of the companies are valued more expensively.
INVX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.59 | ||
| Fwd PE | 12.41 |
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 68.85% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, INVX is valued cheaply inside the industry as 86.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.7 | ||
| EV/EBITDA | 8.23 |
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.
A more expensive valuation may be justified as INVX's earnings are expected to grow with 148.21% in the coming years.
PEG (NY)0.05
PEG (5Y)0.22
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 |
17.55
-0.21 (-1.18%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)
Earnings (Next)
Inst Owners47.97%
Inst Owner Change0.02%
Ins Owners1.52%
Ins Owner Change3.11%
Market Cap1.21B
Analysts77.78
Price Target18.7 (6.55%)
Short Float %N/A
Short Ratio7.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend1.45
Dividend Growth(5Y)N/A
DP51.9%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-23.38%
Min EPS beat(2)-24.08%
Max EPS beat(2)-22.68%
EPS beat(4)1
Avg EPS beat(4)-40.73%
Min EPS beat(4)-165.36%
Max EPS beat(4)49.19%
EPS beat(8)1
Avg EPS beat(8)-164.95%
EPS beat(12)3
Avg EPS beat(12)-83.38%
EPS beat(16)3
Avg EPS beat(16)-90.25%
Revenue beat(2)1
Avg Revenue beat(2)1.36%
Min Revenue beat(2)-4.42%
Max Revenue beat(2)7.14%
Revenue beat(4)3
Avg Revenue beat(4)5.8%
Min Revenue beat(4)-4.42%
Max Revenue beat(4)10.25%
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)1.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.02%
EPS NY rev (1m)0%
EPS NY rev (3m)12.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.59 | ||
| Fwd PE | 12.41 | ||
| P/S | 1.39 | ||
| P/FCF | 6.7 | ||
| P/OCF | 6.12 | ||
| P/B | 1.21 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 8.23 |
EPS(TTM)0.66
EY3.76%
EPS(NY)1.41
Fwd EY8.06%
FCF(TTM)2.62
FCFY14.92%
OCF(TTM)2.87
OCFY16.33%
SpS12.61
BVpS14.47
TBVpS11.29
PEG (NY)0.05
PEG (5Y)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.77% | ||
| ROE | 14.51% | ||
| ROCE | 9.12% | ||
| ROIC | 7.2% | ||
| ROICexc | 7.69% | ||
| ROICexgc | 9.81% | ||
| OM | 11.37% | ||
| PM (TTM) | 16.66% | ||
| GM | 32.96% | ||
| FCFM | 20.77% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.23 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 38.12% | ||
| Cap/Sales | 1.96% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 137.61% | ||
| Profit Quality | 124.67% | ||
| Current Ratio | 4.6 | ||
| Quick Ratio | 2.69 | ||
| Altman-Z | 4.88 |
F-Score6
WACC8.66%
ROIC/WACC0.83
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)204.76%
EPS 3YN/A
EPS 5Y123.23%
EPS Q2Q%130%
EPS Next Y493%
EPS Next 2Y148.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)41.65%
Revenue growth 3Y27.02%
Revenue growth 5Y9.76%
Sales Q2Q%86.33%
Revenue Next Year93.68%
Revenue Next 2Y41.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y81.5%
EBIT growth 3YN/A
EBIT growth 5Y80.9%
EBIT Next Year99.1%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y301.81%
FCF growth 3Y41.07%
FCF growth 5Y90.29%
OCF growth 1Y438.74%
OCF growth 3Y34.47%
OCF growth 5Y44.76%