INIT INNOVATION IN TRAFFIC S (IXX.DE) Stock Fundamental Analysis
FRA:IXX - DE0005759807 - Common Stock
46.3 EUR
+1.3 (+2.89%)
Overall IXX gets a fundamental rating of 5 out of 10. We evaluated IXX against 108 industry peers in the Software industry. Both the profitability and the financial health of IXX get a neutral evaluation. Nothing too spectacular is happening here. IXX is not priced too expensively while it is growing strongly. Keep and eye on this one!
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.
In the past 5 years IXX has always been profitable.
In the past 5 years IXX always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 4.57%, IXX perfoms like the industry average, outperforming 55.56% 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 62.96% of the companies in the same industry.
IXX has a Return On Invested Capital of 9.38%. This is in the better half of the industry: IXX outperforms 72.22% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IXX is below the industry average of 12.57%.
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
IXX has a Profit Margin (5.12%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of IXX has declined.
Looking at the Operating Margin, with a value of 8.92%, IXX is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
In the last couple of years the Operating Margin of IXX has remained more or less at the same level.
With a Gross Margin value of 36.42%, IXX is not doing good in the industry: 76.85% of the companies in the same industry are doing better.
IXX's Gross Margin has improved in the last couple of years.
| 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
IXX 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, IXX has more shares outstanding
IXX has less shares outstanding than it did 5 years ago.
IXX has a worse debt/assets ratio than last year.
2.2 Solvency
IXX has an Altman-Z score of 3.38. This indicates that IXX is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.38, IXX is in line with its industry, outperforming 55.56% of the companies in the same industry.
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 (0.38) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.38 |
ROIC/WACC1.33
WACC7.05%
2.3 Liquidity
A Current Ratio of 1.56 indicates that IXX should not have too much problems paying its short term obligations.
IXX's Current ratio of 1.56 is fine compared to the rest of the industry. IXX outperforms 64.81% of its industry peers.
A Quick Ratio of 1.10 indicates that IXX should not have too much problems paying its short term obligations.
IXX has a Quick ratio of 1.10. This is comparable to the rest of the industry: IXX outperforms 46.30% of its industry peers.
| 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%.
The Earnings Per Share has been growing slightly by 6.71% on average over the past years.
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
IXX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.24% yearly.
Based on estimates for the next years, IXX will show a quite strong growth in Revenue. The Revenue will grow by 15.17% on average per year.
EPS Next Y24.42%
EPS Next 2Y27.48%
EPS Next 3Y26.24%
EPS Next 5YN/A
Revenue Next Year36.57%
Revenue Next 2Y23.26%
Revenue Next 3Y18.51%
Revenue Next 5Y15.17%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 31.07, which means the current valuation is very expensive for IXX.
73.15% of the companies in the same industry are more expensive than IXX, based on the Price/Earnings ratio.
IXX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.90.
Based on the Price/Forward Earnings ratio of 16.40, the valuation of IXX can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IXX indicates a rather cheap valuation: IXX is cheaper than 81.48% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of IXX to the average of the S&P500 Index (22.52), we can say IXX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.07 | ||
| Fwd PE | 16.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IXX is valued a bit cheaper than the industry average as 73.15% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.68 |
4.3 Compensation for Growth
The 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 26.24% in the coming years.
PEG (NY)1.27
PEG (5Y)4.63
EPS Next 2Y27.48%
EPS Next 3Y26.24%
5. Dividend
5.1 Amount
IXX has a Yearly Dividend Yield of 1.78%.
IXX's Dividend Yield is rather good when compared to the industry average which is at 1.76. IXX pays more dividend than 90.74% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.32, IXX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
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.
The dividend of IXX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP47.27%
EPS Next 2Y27.48%
EPS Next 3Y26.24%
FRA:IXX (9/3/2025, 2:21:18 PM)
46.3
+1.3 (+2.89%)
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 Cap464.85M
Analysts83.33
Price Target60.44 (30.54%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
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)5.8%
PT rev (3m)5.8%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)8.63%
EPS NY rev (3m)8.63%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)5.97%
Revenue NY rev (3m)12.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.07 | ||
| Fwd PE | 16.4 | ||
| P/S | 1.63 | ||
| P/FCF | N/A | ||
| P/OCF | 24.62 | ||
| P/B | 3.48 | ||
| P/tB | 6.24 | ||
| EV/EBITDA | 12.68 |
EPS(TTM)1.49
EY3.22%
EPS(NY)2.82
Fwd EY6.1%
FCF(TTM)-0.07
FCFYN/A
OCF(TTM)1.88
OCFY4.06%
SpS28.45
BVpS13.29
TBVpS7.43
PEG (NY)1.27
PEG (5Y)4.63
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 | 3.38 |
F-Score5
WACC7.05%
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 Y24.42%
EPS Next 2Y27.48%
EPS Next 3Y26.24%
EPS Next 5YN/A
Revenue 1Y (TTM)28.24%
Revenue growth 3Y14.57%
Revenue growth 5Y11.17%
Sales Q2Q%39.55%
Revenue Next Year36.57%
Revenue Next 2Y23.26%
Revenue Next 3Y18.51%
Revenue Next 5Y15.17%
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%