Logo image of IXX.DE

INIT INNOVATION IN TRAFFIC S (IXX.DE) Stock Fundamental Analysis

FRA:IXX - Deutsche Boerse Ag - DE0005759807 - Common Stock - Currency: EUR

38.7  -0.6 (-1.53%)

Fundamental Rating

5

IXX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 100 industry peers in the Software industry. IXX has an average financial health and profitability rating. IXX is not overvalued while it is showing excellent growth. This is an interesting combination.


Dividend Valuation Growth Profitability Health

Quickly go to:

6

1. Profitability

1.1 Basic Checks

IXX had positive earnings in the past year.
IXX had a positive operating cash flow in the past year.
Each year in the past 5 years IXX has been profitable.
In the past 5 years IXX always reported a positive cash flow from operatings.
IXX.DE Yearly Net Income VS EBIT VS OCF VS FCFIXX.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M

1.2 Ratios

The Return On Assets of IXX (4.94%) is better than 62.00% of its industry peers.
IXX's Return On Equity of 11.53% is fine compared to the rest of the industry. IXX outperforms 69.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.40%, IXX is in the better half of the industry, outperforming 74.00% of the companies in the same industry.
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 10.48%.
The 3 year average ROIC (9.12%) for IXX is below the current ROIC(9.40%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.94%
ROE 11.53%
ROIC 9.4%
ROA(3y)5.83%
ROA(5y)5.96%
ROE(3y)12.79%
ROE(5y)13.4%
ROIC(3y)9.12%
ROIC(5y)9.1%
IXX.DE Yearly ROA, ROE, ROICIXX.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

IXX's Profit Margin of 5.82% is in line compared to the rest of the industry. IXX outperforms 59.00% of its industry peers.
In the last couple of years the Profit Margin of IXX has declined.
IXX's Operating Margin of 9.76% is fine compared to the rest of the industry. IXX outperforms 62.00% of its industry peers.
In the last couple of years the Operating Margin of IXX has remained more or less at the same level.
IXX has a Gross Margin of 37.04%. This is in the lower half of the industry: IXX underperforms 73.00% of its industry peers.
In the last couple of years the Gross Margin of IXX has grown nicely.
Industry RankSector Rank
OM 9.76%
PM (TTM) 5.82%
GM 37.04%
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%
IXX.DE Yearly Profit, Operating, Gross MarginsIXX.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

4

2. Health

2.1 Basic Checks

IXX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for IXX has been increased compared to 1 year ago.
Compared to 5 years ago, IXX has less shares outstanding
IXX has a worse debt/assets ratio than last year.
IXX.DE Yearly Shares OutstandingIXX.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
IXX.DE Yearly Total Debt VS Total AssetsIXX.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

An Altman-Z score of 3.23 indicates that IXX is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.23, IXX is in line with its industry, outperforming 59.00% of the companies in the same industry.
A Debt/Equity ratio of 0.40 indicates that IXX is not too dependend on debt financing.
IXX has a Debt to Equity ratio (0.40) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF N/A
Altman-Z 3.23
ROIC/WACC1.42
WACC6.64%
IXX.DE Yearly LT Debt VS Equity VS FCFIXX.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

2.3 Liquidity

A Current Ratio of 1.65 indicates that IXX should not have too much problems paying its short term obligations.
IXX has a better Current ratio (1.65) than 69.00% of its industry peers.
A Quick Ratio of 1.12 indicates that IXX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.12, IXX is in line with its industry, outperforming 43.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.65
Quick Ratio 1.12
IXX.DE Yearly Current Assets VS Current LiabilitesIXX.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

More info and screens

7

3. Growth

3.1 Past

IXX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.59%.
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 26.03%.
The Revenue has been growing by 11.17% on average over the past years. This is quite good.
EPS 1Y (TTM)2.59%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-26.8%
Revenue 1Y (TTM)26.03%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%29.2%

3.2 Future

IXX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.07% yearly.
IXX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.01% 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 5Y16.01%

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.
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.
IXX.DE Yearly Revenue VS EstimatesIXX.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 200M 400M 600M
IXX.DE Yearly EPS VS EstimatesIXX.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

IXX is valuated rather expensively with a Price/Earnings ratio of 24.49.
82.00% of the companies in the same industry are more expensive than IXX, based on the Price/Earnings ratio.
IXX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 19.45, IXX is valued on the expensive side.
Based on the Price/Forward Earnings ratio, IXX is valued a bit cheaper than the industry average as 73.00% of the companies are valued more expensively.
IXX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.85.
Industry RankSector Rank
PE 24.49
Fwd PE 19.45
IXX.DE Price Earnings VS Forward Price EarningsIXX.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, IXX is valued a bit cheaper than 71.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.71
IXX.DE Per share dataIXX.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

IXX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
IXX has a very decent profitability rating, which 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)1.69
PEG (5Y)3.65
EPS Next 2Y23.54%
EPS Next 3Y25.07%

More info and screens

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 2.03%, IXX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.96, IXX pays a better dividend. On top of this IXX pays more dividend than 93.00% of the companies listed in the same industry.
IXX's Dividend Yield is comparable with the S&P500 average which is at 2.36.
Industry RankSector Rank
Dividend Yield 2.03%

5.2 History

The dividend of IXX is nicely growing with an annual growth rate of 39.51%!
Dividend Growth(5Y)39.51%
Div Incr Years2
Div Non Decr Years5
IXX.DE Yearly Dividends per shareIXX.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6

5.3 Sustainability

IXX pays out 44.70% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of IXX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.7%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
IXX.DE Yearly Income VS Free CF VS DividendIXX.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M -5M 10M 15M
IXX.DE Dividend Payout.IXX.DE Dividend Payout, showing the Payout Ratio.IXX.DE Dividend Payout.PayoutRetained Earnings

More info and screens

INIT INNOVATION IN TRAFFIC S

FRA:IXX (5/23/2025, 11:11:43 AM)

38.7

-0.6 (-1.53%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)05-15 2025-05-15
Earnings (Next)08-14 2025-08-14
Inst Owners24.79%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap388.55M
Analysts83.33
Price Target57.12 (47.6%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.03%
Yearly Dividend0.7
Dividend Growth(5Y)39.51%
DP44.7%
Div Incr Years2
Div Non Decr Years5
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)-15.45%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)5.22%
Valuation
Industry RankSector Rank
PE 24.49
Fwd PE 19.45
P/S 1.46
P/FCF N/A
P/OCF 35.84
P/B 2.9
P/tB 5.06
EV/EBITDA 11.71
EPS(TTM)1.58
EY4.08%
EPS(NY)1.99
Fwd EY5.14%
FCF(TTM)-0.72
FCFYN/A
OCF(TTM)1.08
OCFY2.79%
SpS26.46
BVpS13.37
TBVpS7.64
PEG (NY)1.69
PEG (5Y)3.65
Profitability
Industry RankSector Rank
ROA 4.94%
ROE 11.53%
ROCE 12.62%
ROIC 9.4%
ROICexc 10.62%
ROICexgc 15.52%
OM 9.76%
PM (TTM) 5.82%
GM 37.04%
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-Score4
Asset Turnover0.85
Health
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF N/A
Debt/EBITDA 1.35
Cap/Depr 127.59%
Cap/Sales 6.82%
Interest Coverage 58.51
Cash Conversion 27.02%
Profit Quality N/A
Current Ratio 1.65
Quick Ratio 1.12
Altman-Z 3.23
F-Score4
WACC6.64%
ROIC/WACC1.42
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)2.59%
EPS 3Y7.84%
EPS 5Y6.71%
EPS Q2Q%-26.8%
EPS Next Y14.53%
EPS Next 2Y23.54%
EPS Next 3Y25.07%
EPS Next 5YN/A
Revenue 1Y (TTM)26.03%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%29.2%
Revenue Next Year21.36%
Revenue Next 2Y18.63%
Revenue Next 3Y16.93%
Revenue Next 5Y16.01%
EBIT growth 1Y24.93%
EBIT growth 3Y15.3%
EBIT growth 5Y10.31%
EBIT Next Year76.79%
EBIT Next 3Y37.01%
EBIT Next 5YN/A
FCF growth 1Y-60.53%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y35.84%
OCF growth 3Y-12.18%
OCF growth 5Y-12.5%