INIT INNOVATION IN TRAFFIC S (IXX.DE) Stock Fundamental Analysis
FRA:IXX - Deutsche Boerse Ag - DE0005759807 - Common Stock - Currency: EUR
Overall IXX gets a fundamental rating of 5 out of 10. We evaluated IXX against 102 industry peers in the Software industry. IXX has an average financial health and profitability rating. IXX is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
IXX had positive earnings in the past year.
In the past year IXX had a positive cash flow from operations.
In the past 5 years IXX has always been profitable.
Each year in the past 5 years IXX had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 4.57%, IXX is doing good in the industry, outperforming 61.76% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.96%, IXX is in the better half of the industry, outperforming 68.63% of the companies in the same industry.
IXX has a better Return On Invested Capital (9.38%) than 76.47% of its industry peers.
IXX had an Average Return On Invested Capital over the past 3 years of 9.12%. This is in line with the industry average of 10.32%.
The 3 year average ROIC (9.12%) for IXX is below the current ROIC(9.38%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 10.96% | ||
| ROIC | 9.38% |
ROA(3y)5.83%
ROA(5y)5.96%
ROE(3y)12.79%
ROE(5y)13.4%
ROIC(3y)9.12%
ROIC(5y)9.1%
1.3 Margins
The Profit Margin of IXX (5.12%) is comparable to the rest of the industry.
IXX's Profit Margin has declined in the last couple of years.
IXX has a better Operating Margin (8.92%) than 65.69% of its industry peers.
IXX's Operating Margin has been stable in the last couple of years.
IXX has a Gross Margin of 36.42%. This is in the lower half of the industry: IXX underperforms 74.51% of its industry peers.
In the last couple of years the Gross Margin of IXX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.92% | ||
| PM (TTM) | 5.12% | ||
| GM | 36.42% |
OM growth 3Y0.63%
OM growth 5Y-0.77%
PM growth 3Y-6.08%
PM growth 5Y-4.28%
GM growth 3Y1.46%
GM growth 5Y1.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IXX is still creating some value.
Compared to 1 year ago, IXX has more shares outstanding
Compared to 5 years ago, IXX has less shares outstanding
The debt/assets ratio for IXX is higher compared to a year ago.
2.2 Solvency
IXX has an Altman-Z score of 3.19. This indicates that IXX is financially healthy and has little risk of bankruptcy at the moment.
IXX's Altman-Z score of 3.19 is in line compared to the rest of the industry. IXX outperforms 55.88% of its industry peers.
IXX has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
IXX has a Debt to Equity ratio of 0.38. This is comparable to the rest of the industry: IXX outperforms 42.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.19 |
ROIC/WACC1.33
WACC7.04%
2.3 Liquidity
A Current Ratio of 1.56 indicates that IXX should not have too much problems paying its short term obligations.
IXX has a Current ratio of 1.56. This is in the better half of the industry: IXX outperforms 64.71% of its industry peers.
IXX has a Quick Ratio of 1.10. This is a normal value and indicates that IXX is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.10, IXX is not doing good in the industry: 60.78% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
IXX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.61%.
IXX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.71% yearly.
Looking at the last year, IXX shows a very strong growth in Revenue. The Revenue has grown by 28.24%.
IXX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.17% yearly.
EPS 1Y (TTM)-23.61%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-35.16%
Revenue 1Y (TTM)28.24%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%39.55%
3.2 Future
The Earnings Per Share is expected to grow by 25.07% on average over the next years. This is a very strong growth
IXX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.49% yearly.
EPS Next Y14.53%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
EPS Next 5YN/A
Revenue Next Year21.36%
Revenue Next 2Y18.63%
Revenue Next 3Y16.93%
Revenue Next 5Y16.49%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
IXX is valuated quite expensively with a Price/Earnings ratio of 26.24.
78.43% of the companies in the same industry are more expensive than IXX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.32. IXX is around the same levels.
The Price/Forward Earnings ratio is 14.75, which indicates a correct valuation of IXX.
81.37% of the companies in the same industry are more expensive than IXX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.13. IXX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.24 | ||
| Fwd PE | 14.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IXX is valued a bit cheaper than 73.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of IXX may justify a higher PE ratio.
A more expensive valuation may be justified as IXX's earnings are expected to grow with 25.07% in the coming years.
PEG (NY)1.81
PEG (5Y)3.91
EPS Next 2Y23.54%
EPS Next 3Y25.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.04%, IXX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.14, IXX pays a better dividend. On top of this IXX pays more dividend than 93.14% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, IXX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
5.2 History
On average, the dividend of IXX grows each year by 39.51%, which is quite nice.
Dividend Growth(5Y)39.51%
Div Incr Years3
Div Non Decr Years6
5.3 Sustainability
47.27% of the earnings are spent on dividend by IXX. This is a bit on the high side, but may be sustainable.
IXX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP47.27%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
FRA:IXX (6/13/2025, 7:00:00 PM)
39.1
-0.2 (-0.51%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners14.48%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap392.56M
Analysts83.33
Price Target57.12 (46.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
Yearly Dividend0.7
Dividend Growth(5Y)39.51%
DP47.27%
Div Incr Years3
Div Non Decr Years6
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)3.7%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-23.94%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.24 | ||
| Fwd PE | 14.75 | ||
| P/S | 1.37 | ||
| P/FCF | N/A | ||
| P/OCF | 20.79 | ||
| P/B | 2.94 | ||
| P/tB | 5.27 | ||
| EV/EBITDA | 11.23 |
EPS(TTM)1.49
EY3.81%
EPS(NY)2.65
Fwd EY6.78%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)1.88
OCFY4.81%
SpS28.45
BVpS13.29
TBVpS7.43
PEG (NY)1.81
PEG (5Y)3.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 10.96% | ||
| ROCE | 12.58% | ||
| ROIC | 9.38% | ||
| ROICexc | 10.76% | ||
| ROICexgc | 16.15% | ||
| OM | 8.92% | ||
| PM (TTM) | 5.12% | ||
| GM | 36.42% | ||
| FCFM | N/A |
ROA(3y)5.83%
ROA(5y)5.96%
ROE(3y)12.79%
ROE(5y)13.4%
ROIC(3y)9.12%
ROIC(5y)9.1%
ROICexc(3y)10.98%
ROICexc(5y)11.12%
ROICexgc(3y)15.05%
ROICexgc(5y)15.07%
ROCE(3y)12.24%
ROCE(5y)12.21%
ROICexcg growth 3Y4.46%
ROICexcg growth 5Y0.68%
ROICexc growth 3Y0.88%
ROICexc growth 5Y-2.8%
OM growth 3Y0.63%
OM growth 5Y-0.77%
PM growth 3Y-6.08%
PM growth 5Y-4.28%
GM growth 3Y1.46%
GM growth 5Y1.73%
F-Score5
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.26 | ||
| Cap/Depr | 128.39% | ||
| Cap/Sales | 6.86% | ||
| Interest Coverage | 36.67 | ||
| Cash Conversion | 46.33% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 3.19 |
F-Score5
WACC7.04%
ROIC/WACC1.33
Cap/Depr(3y)112.24%
Cap/Depr(5y)90.28%
Cap/Sales(3y)5.99%
Cap/Sales(5y)4.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.61%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-35.16%
EPS Next Y14.53%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
EPS Next 5YN/A
Revenue 1Y (TTM)28.24%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%39.55%
Revenue Next Year21.36%
Revenue Next 2Y18.63%
Revenue Next 3Y16.93%
Revenue Next 5Y16.49%
EBIT growth 1Y2.47%
EBIT growth 3Y15.3%
EBIT growth 5Y10.31%
EBIT Next Year76.79%
EBIT Next 3Y37.01%
EBIT Next 5YN/A
FCF growth 1Y-104.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-29.28%
OCF growth 3Y-12.18%
OCF growth 5Y-12.5%