IVU TRAFFIC TECHNOLOGIES AG (IVU.DE) Stock Fundamental Analysis
FRA:IVU - Deutsche Boerse Ag - DE0007448508 - Common Stock - Currency: EUR
Taking everything into account, IVU scores 6 out of 10 in our fundamental rating. IVU was compared to 95 industry peers in the Software industry. IVU has an excellent profitability rating, but there are some minor concerns on its financial health. IVU is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
IVU had positive earnings in the past year.
IVU had a positive operating cash flow in the past year.
Each year in the past 5 years IVU has been profitable.
IVU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.34%, IVU is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
With a decent Return On Equity value of 14.19%, IVU is doing good in the industry, outperforming 73.68% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.71%, IVU belongs to the top of the industry, outperforming 81.05% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for IVU is in line with the industry average of 11.01%.
The 3 year average ROIC (10.43%) for IVU is below the current ROIC(10.71%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.34% | ||
| ROE | 14.19% | ||
| ROIC | 10.71% |
ROA(3y)7.25%
ROA(5y)7.39%
ROE(3y)14.05%
ROE(5y)14.39%
ROIC(3y)10.43%
ROIC(5y)9.88%
1.3 Margins
The Profit Margin of IVU (9.01%) is better than 62.11% of its industry peers.
IVU's Profit Margin has declined in the last couple of years.
IVU's Operating Margin of 12.58% is fine compared to the rest of the industry. IVU outperforms 69.47% of its industry peers.
IVU's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 83.54%, IVU belongs to the best of the industry, outperforming 82.11% of the companies in the same industry.
In the last couple of years the Gross Margin of IVU has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.58% | ||
| PM (TTM) | 9.01% | ||
| GM | 83.54% |
OM growth 3Y-1.76%
OM growth 5Y1.65%
PM growth 3Y-0.19%
PM growth 5Y-5.44%
GM growth 3Y4.9%
GM growth 5Y3.73%
2. Health
2.1 Basic Checks
IVU has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, IVU has less shares outstanding
The number of shares outstanding for IVU has been reduced compared to 5 years ago.
Compared to 1 year ago, IVU has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.71 indicates that IVU is not in any danger for bankruptcy at the moment.
IVU has a Altman-Z score of 4.71. This is in the better half of the industry: IVU outperforms 69.47% of its industry peers.
The Debt to FCF ratio of IVU is 4.04, which is a neutral value as it means it would take IVU, 4.04 years of fcf income to pay off all of its debts.
IVU has a Debt to FCF ratio (4.04) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.23 indicates that IVU is not too dependend on debt financing.
IVU has a better Debt to Equity ratio (0.23) than 64.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 4.04 | ||
| Altman-Z | 4.71 |
ROIC/WACC1.49
WACC7.18%
2.3 Liquidity
A Current Ratio of 2.05 indicates that IVU has no problem at all paying its short term obligations.
IVU's Current ratio of 2.05 is fine compared to the rest of the industry. IVU outperforms 78.95% of its industry peers.
A Quick Ratio of 1.96 indicates that IVU should not have too much problems paying its short term obligations.
IVU has a better Quick ratio (1.96) than 77.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.96 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.23% over the past year.
IVU shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.96% yearly.
Looking at the last year, IVU shows a decrease in Revenue. The Revenue has decreased by -7.96% in the last year.
The Revenue has been growing by 8.53% on average over the past years. This is quite good.
EPS 1Y (TTM)9.23%
EPS 3Y9.51%
EPS 5Y2.96%
EPS Q2Q%-1.12%
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y9.12%
Revenue growth 5Y8.53%
Sales Q2Q%1.89%
3.2 Future
The Earnings Per Share is expected to grow by 13.88% on average over the next years. This is quite good.
Based on estimates for the next years, IVU will show a quite strong growth in Revenue. The Revenue will grow by 8.36% on average per year.
EPS Next Y17.19%
EPS Next 2Y13.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year9.09%
Revenue Next 2Y8.36%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 26.52, which means the current valuation is very expensive for IVU.
Based on the Price/Earnings ratio, IVU is valued a bit cheaper than 74.74% of the companies in the same industry.
IVU is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.22, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 24.16, IVU is valued on the expensive side.
66.32% of the companies in the same industry are more expensive than IVU, based on the Price/Forward Earnings ratio.
IVU is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 20.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.52 | ||
| Fwd PE | 24.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IVU is valued a bit cheaper than the industry average as 68.42% of the companies are valued more expensively.
IVU's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 63.03 | ||
| EV/EBITDA | 15.31 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of IVU may justify a higher PE ratio.
A more expensive valuation may be justified as IVU's earnings are expected to grow with 13.88% in the coming years.
PEG (NY)1.54
PEG (5Y)8.97
EPS Next 2Y13.88%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.49%, IVU has a reasonable but not impressive dividend return.
IVU's Dividend Yield is rather good when compared to the industry average which is at 1.90. IVU pays more dividend than 92.63% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.44, IVU is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
5.2 History
On average, the dividend of IVU grows each year by 16.84%, which is quite nice.
Dividend Growth(5Y)16.84%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
37.70% of the earnings are spent on dividend by IVU. This is a low number and sustainable payout ratio.
IVU's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP37.7%
EPS Next 2Y13.88%
EPS Next 3YN/A
FRA:IVU (5/2/2025, 7:00:00 PM)
18.3
-0.45 (-2.4%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners17.32%
Inst Owner ChangeN/A
Ins Owners7.18%
Ins Owner ChangeN/A
Market Cap324.28M
Analysts84
Price Target22.44 (22.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.49% |
Yearly Dividend0.26
Dividend Growth(5Y)16.84%
DP37.7%
Div Incr Years1
Div Non Decr Years1
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)-9.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.52 | ||
| Fwd PE | 24.16 | ||
| P/S | 2.43 | ||
| P/FCF | 63.03 | ||
| P/OCF | 48.13 | ||
| P/B | 3.82 | ||
| P/tB | 5.54 | ||
| EV/EBITDA | 15.31 |
EPS(TTM)0.69
EY3.77%
EPS(NY)0.76
Fwd EY4.14%
FCF(TTM)0.29
FCFY1.59%
OCF(TTM)0.38
OCFY2.08%
SpS7.54
BVpS4.79
TBVpS3.3
PEG (NY)1.54
PEG (5Y)8.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.34% | ||
| ROE | 14.19% | ||
| ROCE | 15.43% | ||
| ROIC | 10.71% | ||
| ROICexc | 13.28% | ||
| ROICexgc | 18.97% | ||
| OM | 12.58% | ||
| PM (TTM) | 9.01% | ||
| GM | 83.54% | ||
| FCFM | 3.85% |
ROA(3y)7.25%
ROA(5y)7.39%
ROE(3y)14.05%
ROE(5y)14.39%
ROIC(3y)10.43%
ROIC(5y)9.88%
ROICexc(3y)13.44%
ROICexc(5y)15.06%
ROICexgc(3y)20.21%
ROICexgc(5y)21.93%
ROCE(3y)15.02%
ROCE(5y)14.23%
ROICexcg growth 3Y-18.44%
ROICexcg growth 5YN/A
ROICexc growth 3Y-18.41%
ROICexc growth 5Y-29.19%
OM growth 3Y-1.76%
OM growth 5Y1.65%
PM growth 3Y-0.19%
PM growth 5Y-5.44%
GM growth 3Y4.9%
GM growth 5Y3.73%
F-Score5
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 4.04 | ||
| Debt/EBITDA | 0.88 | ||
| Cap/Depr | 32.71% | ||
| Cap/Sales | 1.19% | ||
| Interest Coverage | 110.64 | ||
| Cash Conversion | 31.07% | ||
| Profit Quality | 42.73% | ||
| Current Ratio | 2.05 | ||
| Quick Ratio | 1.96 | ||
| Altman-Z | 4.71 |
F-Score5
WACC7.18%
ROIC/WACC1.49
Cap/Depr(3y)40.37%
Cap/Depr(5y)45.22%
Cap/Sales(3y)1.44%
Cap/Sales(5y)1.41%
Profit Quality(3y)52.43%
Profit Quality(5y)127.92%
High Growth Momentum
Growth
EPS 1Y (TTM)9.23%
EPS 3Y9.51%
EPS 5Y2.96%
EPS Q2Q%-1.12%
EPS Next Y17.19%
EPS Next 2Y13.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y9.12%
Revenue growth 5Y8.53%
Sales Q2Q%1.89%
Revenue Next Year9.09%
Revenue Next 2Y8.36%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y9.51%
EBIT growth 3Y7.19%
EBIT growth 5Y10.32%
EBIT Next Year38.89%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-49.39%
FCF growth 3Y-34.01%
FCF growth 5Y-14.85%
OCF growth 1Y-43.44%
OCF growth 3Y-29.32%
OCF growth 5Y-11.69%