View Financial Healthinit innovation in traffic systems 配当と自社株買い配当金 基準チェック /46init innovation in traffic systemsは配当を支払う会社で、現在の利回りは1.52%ですが、利益によって十分にカバーされています。次の支払い日は 27th May, 2026で、権利落ち日は22nd May, 2026 。主要情報1.5%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り3.0%配当成長11.6%次回配当支払日27 May 26配当落ち日22 May 26一株当たり配当金n/a配当性向36%最近の配当と自社株買いの更新Upcoming Dividend • May 15Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.9%).Declared Dividend • Apr 04Dividend of €0.90 announcedShareholders will receive a dividend of €0.90. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 03init innovation in traffic systems SE announces Annual dividend, payable on May 26, 2026init innovation in traffic systems SE announced Annual dividend of EUR 0.8000 per share payable on May 26, 2026, ex-date on May 22, 2026 and record date on May 25, 2026.Upcoming Dividend • May 16Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (0.9%).Upcoming Dividend • May 31Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 11 June 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.2%).Declared Dividend • Mar 24Dividend of €0.70 announcedShareholders will receive a dividend of €0.70. Ex-date: 7th June 2024 Payment date: 11th June 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 85% over the next 3 years, which should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesUpcoming Dividend • May 15Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.9%).Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.42 (vs €0.16 in 1Q 2025)First quarter 2026 results: EPS: €0.42 (up from €0.16 in 1Q 2025). Revenue: €98.2m (up 40% from 1Q 2025). Net income: €4.19m (up 168% from 1Q 2025). Profit margin: 4.3% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €53.70, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.96 per share.Price Target Changed • Apr 29Price target increased by 8.1% to €64.67Up from €59.83, the current price target is an average from 3 analysts. New target price is 26% above last closing price of €51.30. Stock is up 31% over the past year. The company is forecast to post earnings per share of €2.55 for next year compared to €1.97 last year.お知らせ • Apr 10init innovation in traffic systems SE, Annual General Meeting, May 21, 2026init innovation in traffic systems SE, Annual General Meeting, May 21, 2026, at 10:00 W. Europe Standard Time.Declared Dividend • Apr 04Dividend of €0.90 announcedShareholders will receive a dividend of €0.90. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 03init innovation in traffic systems SE announces Annual dividend, payable on May 26, 2026init innovation in traffic systems SE announced Annual dividend of EUR 0.8000 per share payable on May 26, 2026, ex-date on May 22, 2026 and record date on May 25, 2026.Price Target Changed • Mar 20Price target increased by 7.8% to €61.17Up from €56.75, the current price target is an average from 3 analysts. New target price is 50% above last closing price of €40.90. Stock is up 3.3% over the past year. The company is forecast to post earnings per share of €2.94 for next year compared to €1.97 last year.Reported Earnings • Mar 19Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €1.97 (up from €1.57 in FY 2024). Revenue: €329.7m (up 24% from FY 2024). Net income: €19.6m (up 27% from FY 2024). Profit margin: 5.9% (in line with FY 2024). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 7.5%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 04+ 3 more updatesinit innovation in traffic systems SE to Report First Half, 2026 Results on Aug 13, 2026init innovation in traffic systems SE announced that they will report first half, 2026 results on Aug 13, 2026Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: €0.55 (vs €0.34 in 3Q 2024)Third quarter 2025 results: EPS: €0.55 (up from €0.34 in 3Q 2024). Revenue: €85.1m (up 34% from 3Q 2024). Net income: €5.45m (up 64% from 3Q 2024). Profit margin: 6.4% (up from 5.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: €0.23 (vs €0.24 in 2Q 2024)Second quarter 2025 results: EPS: €0.23 (down from €0.24 in 2Q 2024). Revenue: €71.4m (up 11% from 2Q 2024). Net income: €2.31m (down 4.3% from 2Q 2024). Profit margin: 3.2% (down from 3.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 22Investors Still Waiting For A Pull Back In init innovation in traffic systems SE (ETR:IXX)init innovation in traffic systems SE's ( ETR:IXX ) price-to-earnings (or "P/E") ratio of 28.4x might make it look like...お知らせ • May 24init innovation in traffic systems SE Confirms Earnings Guidance for the Financial Year 2025init innovation in traffic systems SE confirmed earnings guidance for the financial year 2025. For the year, the company expected revenue range of around EUR 300 million to EUR 330 million in revenues and EUR 30 million to EUR 33 million in earnings before interest and taxes (EBIT) for the year as a whole.New Risk • May 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 8.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.1% net profit margin).Upcoming Dividend • May 16Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (0.9%).お知らせ • Apr 11+ 1 more updateinit innovation in traffic systems SE, Annual General Meeting, May 22, 2025init innovation in traffic systems SE, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.分析記事 • Apr 08What Is init innovation in traffic systems SE's (ETR:IXX) Share Price Doing?init innovation in traffic systems SE ( ETR:IXX ), is not the largest company out there, but it saw significant share...Major Estimate Revision • Mar 26Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €299.7m to €315.3m. EPS estimate fell from €2.33 to €1.97 per share. Net income forecast to grow 26% next year vs 19% growth forecast for Software industry in Germany. Consensus price target up from €54.00 to €56.00. Share price rose 5.8% to €43.60 over the past week.Price Target Changed • Mar 21Price target increased by 7.2% to €56.00Up from €52.25, the current price target is an average from 2 analysts. New target price is 41% above last closing price of €39.60. Stock is up 17% over the past year. The company is forecast to post earnings per share of €1.96 for next year compared to €1.57 last year.Reported Earnings • Mar 20Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: €1.57 (up from €1.54 in FY 2023). Revenue: €265.7m (up 26% from FY 2023). Net income: €15.5m (up 1.8% from FY 2023). Profit margin: 5.8% (down from 7.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Feb 21Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to €34.80. The fair value is estimated to be €45.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 69% in the next 2 years.Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: €0.34 (vs €0.37 in 3Q 2023)Third quarter 2024 results: EPS: €0.34 (down from €0.37 in 3Q 2023). Revenue: €63.6m (up 19% from 3Q 2023). Net income: €3.32m (down 10% from 3Q 2023). Profit margin: 5.2% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Sep 18+ 3 more updatesinit innovation in traffic systems SE to Report First Half, 2025 Results on Aug 14, 2025init innovation in traffic systems SE announced that they will report first half, 2025 results on Aug 14, 2025Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: €0.24 (vs €0.31 in 2Q 2023)Second quarter 2024 results: EPS: €0.24 (down from €0.31 in 2Q 2023). Revenue: €64.0m (up 25% from 2Q 2023). Net income: €2.42m (down 20% from 2Q 2023). Profit margin: 3.8% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • May 31Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 11 June 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.2%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.24 (vs €0.17 loss in 1Q 2023)First quarter 2024 results: EPS: €0.24 (up from €0.17 loss in 1Q 2023). Revenue: €50.5m (up 31% from 1Q 2023). Net income: €2.40m (up €4.10m from 1Q 2023). Profit margin: 4.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Apr 15Now 21% undervaluedOver the last 90 days, the stock has risen 17% to €36.10. The fair value is estimated to be €45.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.分析記事 • Mar 30After Leaping 29% init innovation in traffic systems SE (ETR:IXX) Shares Are Not Flying Under The Radarinit innovation in traffic systems SE ( ETR:IXX ) shareholders would be excited to see that the share price has had a...Buy Or Sell Opportunity • Mar 27Now 21% undervaluedOver the last 90 days, the stock has risen 16% to €35.60. The fair value is estimated to be €45.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.Price Target Changed • Mar 25Price target increased by 8.4% to €51.50Up from €47.50, the current price target is an average from 2 analysts. New target price is 52% above last closing price of €33.90. Stock is up 27% over the past year. The company is forecast to post earnings per share of €1.80 for next year compared to €1.54 last year.Declared Dividend • Mar 24Dividend of €0.70 announcedShareholders will receive a dividend of €0.70. Ex-date: 7th June 2024 Payment date: 11th June 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 85% over the next 3 years, which should provide support to the dividend and adequate earnings cover.分析記事 • Mar 22init innovation in traffic systems' (ETR:IXX) Returns On Capital Are Heading HigherFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Reported Earnings • Mar 22Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €1.54 (down from €1.67 in FY 2022). Revenue: €210.8m (up 10% from FY 2022). Net income: €15.2m (down 8.1% from FY 2022). Profit margin: 7.2% (down from 8.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €32.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Software industry in Germany. Negligible returns to shareholders over past three years.お知らせ • Feb 18+ 4 more updatesinit innovation in traffic systems SE to Report Q3, 2024 Results on Nov 13, 2024init innovation in traffic systems SE announced that they will report Q3, 2024 results on Nov 13, 2024Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: €0.37 (vs €0.51 in 3Q 2022)Third quarter 2023 results: EPS: €0.37 (down from €0.51 in 3Q 2022). Revenue: €53.4m (up 5.8% from 3Q 2022). Net income: €3.70m (down 27% from 3Q 2022). Profit margin: 6.9% (down from 10.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.分析記事 • Nov 07Do init innovation in traffic systems' (ETR:IXX) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Aug 19init innovation in traffic systems (ETR:IXX) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: €0.31 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.31 (up from €0.14 in 2Q 2022). Revenue: €51.1m (up 13% from 2Q 2022). Net income: €3.03m (up 111% from 2Q 2022). Profit margin: 5.9% (up from 3.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.お知らせ • May 26+ 3 more updatesinit innovation in traffic systems SE Announces Dividend for the Year 2022init innovation in traffic systems SE announced a regular dividend of EUR 0.60 per no-par value share will be paid for the 2022 financial year to reflect the positive trend in earnings.Upcoming Dividend • May 19Upcoming dividend of €0.70 per share at 1.9% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.6%).Reported Earnings • May 18First quarter 2023 earnings released: €0.17 loss per share (vs €0.047 profit in 1Q 2022)First quarter 2023 results: €0.17 loss per share (down from €0.047 profit in 1Q 2022). Revenue: €38.5m (up 8.3% from 1Q 2022). Net loss: €1.69m (down 467% from profit in 1Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.分析記事 • May 13init innovation in traffic systems' (ETR:IXX) Shareholders Will Receive A Bigger Dividend Than Last Yearinit innovation in traffic systems SE ( ETR:IXX ) will increase its dividend from last year's comparable payment on the...お知らせ • May 12+ 2 more updatesinit innovation in traffic systems SE, Annual General Meeting, May 25, 2023init innovation in traffic systems SE, Annual General Meeting, May 25, 2023.分析記事 • Apr 05init innovation in traffic systems' (ETR:IXX) Upcoming Dividend Will Be Larger Than Last Year'sinit innovation in traffic systems SE ( ETR:IXX ) will increase its dividend on the 31st of May to €0.70, which is 27...Major Estimate Revision • Mar 22Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from €1.25 to €1.41. Revenue forecast steady at €192.0m. Net income forecast to grow 28% next year vs 20% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €47.25. Share price rose 8.3% to €28.70 over the past week.Buying Opportunity • Mar 06Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €35.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 4.4%. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.Buying Opportunity • Feb 16Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €35.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 4.4%. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.分析記事 • Jan 18Estimating The Intrinsic Value Of init innovation in traffic systems SE (ETR:IXX)Key Insights init innovation in traffic systems' estimated fair value is €35.4 based on 2 Stage Free Cash Flow to...Major Estimate Revision • Nov 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €1.11 to €1.25. Revenue forecast steady at €192.7m. Net income forecast to grow 26% next year vs 18% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €47.00. Share price rose 7.2% to €23.80 over the past week.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.51 (vs €0.21 in 3Q 2021)Third quarter 2022 results: EPS: €0.51 (up from €0.21 in 3Q 2021). Revenue: €50.5m (up 25% from 3Q 2021). Net income: €5.03m (up 141% from 3Q 2021). Profit margin: 10.0% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: €0.51 (vs €0.21 in 3Q 2021)Third quarter 2022 results: EPS: €0.51 (up from €0.21 in 3Q 2021). Revenue: €50.5m (up 25% from 3Q 2021). Net income: €5.03m (up 141% from 3Q 2021). Profit margin: 10.0% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.分析記事 • Nov 10Is It Time To Consider Buying init innovation in traffic systems SE (ETR:IXX)?init innovation in traffic systems SE ( ETR:IXX ), is not the largest company out there, but it saw a significant share...Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to €21.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Software industry in Germany. Total returns to shareholders of 4.6% over the past three years.お知らせ • Aug 20init innovation in traffic systems SE Announces Executive Changes, Effective March 1, 2023The Supervisory Board of init innovation in traffic systems SE has appointed a new Chief Financial Officer. Dr. Marco Ferber will take up this position with effect from 1 March 2023, succeeding Jennifer Bodenseh, who has already left the company by mutual agreement on 30 June 2022 to pursue new professional opportunities. Dr. Marco Ferber has extensive experience in the commercial and strategic management of international listed companies. Before joining init SE, the doctor of business administration was authorised signatory with responsibility for corporate accounting, performance and risk controlling as well as the tax department of the Bilfinger group. Prior to that, the financial expert successfully held various management positions in Germany and abroad with the Thomas Cook Group, including Managing Director of a large national subsidiary. Dr. Marco Ferber began his career in January 2000 as a consultant at McKinsey & Company Inc.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: €0.14 (vs €0.33 in 2Q 2021)Second quarter 2022 results: EPS: €0.14 (down from €0.33 in 2Q 2021). Revenue: €45.1m (up 2.1% from 2Q 2021). Net income: €1.44m (down 56% from 2Q 2021). Profit margin: 3.2% (down from 7.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.分析記事 • Aug 11We Like These Underlying Return On Capital Trends At init innovation in traffic systems (ETR:IXX)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Price Target Changed • Aug 03Price target decreased to €46.25Down from €51.25, the current price target is an average from 2 analysts. New target price is 114% above last closing price of €21.65. Stock is down 50% over the past year. The company is forecast to post earnings per share of €1.17 for next year compared to €1.25 last year.お知らせ • May 19+ 1 more updateinit innovation in traffic systems SE Provides Earnings Guidance for the Year 2022init innovation in traffic systems SE announced that in the current financial year, the Managing Board considers a turnover in the range of EUR 190 million to EUR 200 million to be achievable.Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: €0.047 (down from €0.18 in 1Q 2021). Revenue: €35.6m (down 12% from 1Q 2021). Net income: €462.0k (down 75% from 1Q 2021). Profit margin: 1.3% (down from 4.5% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 17%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year and the company’s share price has also increased by 24% per year.Upcoming Dividend • May 12Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to €35.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.35 per share.Major Estimate Revision • Mar 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.55 to €1.25 per share. Revenue forecast steady at €194.0m. Net income forecast to grow 0.7% next year vs 26% growth forecast for Software industry in Germany. Consensus price target of €51.25 unchanged from last update. Share price rose 12% to €36.65 over the past week.分析記事 • Mar 31init innovation in traffic systems (ETR:IXX) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €30.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 115% over the past three years.Buying Opportunity • Mar 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €32.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 48% per annum over the last 3 years.分析記事 • Feb 23Here's Why We Think init innovation in traffic systems (ETR:IXX) Is Well Worth WatchingSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...Buying Opportunity • Jan 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be €38.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 48% per annum over the last 3 years.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS €0.21 (vs €0.40 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €40.4m (down 19% from 3Q 2020). Net income: €2.09m (down 47% from 3Q 2020). Profit margin: 5.2% (down from 8.0% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS €0.33 (vs €0.19 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €44.2m (up 7.5% from 2Q 2020). Net income: €3.31m (up 76% from 2Q 2020). Profit margin: 7.5% (up from 4.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 10At €48.50, Is It Time To Put init innovation in traffic systems SE (ETR:IXX) On Your Watch List?While init innovation in traffic systems SE ( ETR:IXX ) might not be the most widely known stock at the moment, it led...分析記事 • May 28These 4 Measures Indicate That init innovation in traffic systems (ETR:IXX) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • May 21init innovation in traffic systems SE Approves Dividend for 2020init innovation in traffic systems SE announced 37.5% higher dividend for the 2020 financial year. The virtual shareholders' meeting held on May 19, 2021 approved the increase in the dividend proposed by the Managing Board and Supervisory Board to EUR 0.55 per share (previous year: EUR 0.40).Upcoming Dividend • May 13Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).Reported Earnings • May 12First quarter 2021 earnings released: EPS €0.18 (vs €0.22 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €40.5m (flat on 1Q 2020). Net income: €1.84m (down 16% from 1Q 2020). Profit margin: 4.5% (down from 5.4% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.分析記事 • May 04Is Now The Time To Put init innovation in traffic systems (ETR:IXX) On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...分析記事 • Apr 08Returns On Capital At init innovation in traffic systems (ETR:IXX) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Price Target Changed • Mar 30Price target decreased to €45.00Down from €49.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of €33.50. Stock is up 68% over the past year.分析記事 • Mar 28Earnings Beat: init innovation in traffic systems SE Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Modelsinit innovation in traffic systems SE ( ETR:IXX ) came out with its full-year results last week, and we wanted to see...Reported Earnings • Mar 26Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €180.7m (up 16% from FY 2019). Net income: €14.9m (up 32% from FY 2019). Profit margin: 8.3% (up from 7.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 18init innovation in traffic systems SE to Report Fiscal Year 2020 Results on Mar 25, 2021init innovation in traffic systems SE announced that they will report fiscal year 2020 results on Mar 25, 2021決済の安定と成長配当データの取得安定した配当: IXXの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: IXXの配当金は過去10年間にわたって増加しています。配当利回り対市場init innovation in traffic systems 配当利回り対市場IXX 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (IXX)1.5%市場下位25% (DE)1.5%市場トップ25% (DE)4.5%業界平均 (Software)1.7%アナリスト予想 (IXX) (最長3年)3.0%注目すべき配当: IXXの配当金 ( 1.52% ) はGerman市場の配当金支払者の下位 25% ( 1.51% ) よりも高くなっています。高配当: IXXの配当金 ( 1.52% ) はGerman市場の配当金支払者の上位 25% ( 4.55% ) と比較すると低いです。株主への利益配当収益カバレッジ: IXXの 配当性向 ( 35.8% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: IXXの 現金配当性向 ( 41.6% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 02:56終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋init innovation in traffic systems SE 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Robert-Jan van der HorstBerenbergFelix LutzODDO BHF Corporate & MarketsMatthias DesmaraisODDO BHF Corporate & Markets4 その他のアナリストを表示
Upcoming Dividend • May 15Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.9%).
Declared Dividend • Apr 04Dividend of €0.90 announcedShareholders will receive a dividend of €0.90. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 03init innovation in traffic systems SE announces Annual dividend, payable on May 26, 2026init innovation in traffic systems SE announced Annual dividend of EUR 0.8000 per share payable on May 26, 2026, ex-date on May 22, 2026 and record date on May 25, 2026.
Upcoming Dividend • May 16Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (0.9%).
Upcoming Dividend • May 31Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 11 June 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.2%).
Declared Dividend • Mar 24Dividend of €0.70 announcedShareholders will receive a dividend of €0.70. Ex-date: 7th June 2024 Payment date: 11th June 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 85% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • May 15Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.9%).
Reported Earnings • May 14First quarter 2026 earnings released: EPS: €0.42 (vs €0.16 in 1Q 2025)First quarter 2026 results: EPS: €0.42 (up from €0.16 in 1Q 2025). Revenue: €98.2m (up 40% from 1Q 2025). Net income: €4.19m (up 168% from 1Q 2025). Profit margin: 4.3% (up from 2.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €53.70, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Software industry in Germany. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.96 per share.
Price Target Changed • Apr 29Price target increased by 8.1% to €64.67Up from €59.83, the current price target is an average from 3 analysts. New target price is 26% above last closing price of €51.30. Stock is up 31% over the past year. The company is forecast to post earnings per share of €2.55 for next year compared to €1.97 last year.
お知らせ • Apr 10init innovation in traffic systems SE, Annual General Meeting, May 21, 2026init innovation in traffic systems SE, Annual General Meeting, May 21, 2026, at 10:00 W. Europe Standard Time.
Declared Dividend • Apr 04Dividend of €0.90 announcedShareholders will receive a dividend of €0.90. Ex-date: 22nd May 2026 Payment date: 26th May 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 81% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 03init innovation in traffic systems SE announces Annual dividend, payable on May 26, 2026init innovation in traffic systems SE announced Annual dividend of EUR 0.8000 per share payable on May 26, 2026, ex-date on May 22, 2026 and record date on May 25, 2026.
Price Target Changed • Mar 20Price target increased by 7.8% to €61.17Up from €56.75, the current price target is an average from 3 analysts. New target price is 50% above last closing price of €40.90. Stock is up 3.3% over the past year. The company is forecast to post earnings per share of €2.94 for next year compared to €1.97 last year.
Reported Earnings • Mar 19Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €1.97 (up from €1.57 in FY 2024). Revenue: €329.7m (up 24% from FY 2024). Net income: €19.6m (up 27% from FY 2024). Profit margin: 5.9% (in line with FY 2024). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 7.5%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 04+ 3 more updatesinit innovation in traffic systems SE to Report First Half, 2026 Results on Aug 13, 2026init innovation in traffic systems SE announced that they will report first half, 2026 results on Aug 13, 2026
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: €0.55 (vs €0.34 in 3Q 2024)Third quarter 2025 results: EPS: €0.55 (up from €0.34 in 3Q 2024). Revenue: €85.1m (up 34% from 3Q 2024). Net income: €5.45m (up 64% from 3Q 2024). Profit margin: 6.4% (up from 5.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: €0.23 (vs €0.24 in 2Q 2024)Second quarter 2025 results: EPS: €0.23 (down from €0.24 in 2Q 2024). Revenue: €71.4m (up 11% from 2Q 2024). Net income: €2.31m (down 4.3% from 2Q 2024). Profit margin: 3.2% (down from 3.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 22Investors Still Waiting For A Pull Back In init innovation in traffic systems SE (ETR:IXX)init innovation in traffic systems SE's ( ETR:IXX ) price-to-earnings (or "P/E") ratio of 28.4x might make it look like...
お知らせ • May 24init innovation in traffic systems SE Confirms Earnings Guidance for the Financial Year 2025init innovation in traffic systems SE confirmed earnings guidance for the financial year 2025. For the year, the company expected revenue range of around EUR 300 million to EUR 330 million in revenues and EUR 30 million to EUR 33 million in earnings before interest and taxes (EBIT) for the year as a whole.
New Risk • May 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 8.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.1% net profit margin).
Upcoming Dividend • May 16Upcoming dividend of €0.80 per shareEligible shareholders must have bought the stock before 23 May 2025. Payment date: 27 May 2025. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (0.9%).
お知らせ • Apr 11+ 1 more updateinit innovation in traffic systems SE, Annual General Meeting, May 22, 2025init innovation in traffic systems SE, Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time.
分析記事 • Apr 08What Is init innovation in traffic systems SE's (ETR:IXX) Share Price Doing?init innovation in traffic systems SE ( ETR:IXX ), is not the largest company out there, but it saw significant share...
Major Estimate Revision • Mar 26Consensus EPS estimates fall by 15%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from €299.7m to €315.3m. EPS estimate fell from €2.33 to €1.97 per share. Net income forecast to grow 26% next year vs 19% growth forecast for Software industry in Germany. Consensus price target up from €54.00 to €56.00. Share price rose 5.8% to €43.60 over the past week.
Price Target Changed • Mar 21Price target increased by 7.2% to €56.00Up from €52.25, the current price target is an average from 2 analysts. New target price is 41% above last closing price of €39.60. Stock is up 17% over the past year. The company is forecast to post earnings per share of €1.96 for next year compared to €1.57 last year.
Reported Earnings • Mar 20Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: €1.57 (up from €1.54 in FY 2023). Revenue: €265.7m (up 26% from FY 2023). Net income: €15.5m (up 1.8% from FY 2023). Profit margin: 5.8% (down from 7.2% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Feb 21Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to €34.80. The fair value is estimated to be €45.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 36% in 2 years. Earnings are forecast to grow by 69% in the next 2 years.
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: €0.34 (vs €0.37 in 3Q 2023)Third quarter 2024 results: EPS: €0.34 (down from €0.37 in 3Q 2023). Revenue: €63.6m (up 19% from 3Q 2023). Net income: €3.32m (down 10% from 3Q 2023). Profit margin: 5.2% (down from 6.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Sep 18+ 3 more updatesinit innovation in traffic systems SE to Report First Half, 2025 Results on Aug 14, 2025init innovation in traffic systems SE announced that they will report first half, 2025 results on Aug 14, 2025
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: €0.24 (vs €0.31 in 2Q 2023)Second quarter 2024 results: EPS: €0.24 (down from €0.31 in 2Q 2023). Revenue: €64.0m (up 25% from 2Q 2023). Net income: €2.42m (down 20% from 2Q 2023). Profit margin: 3.8% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • May 31Upcoming dividend of €0.70 per shareEligible shareholders must have bought the stock before 07 June 2024. Payment date: 11 June 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.2%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: €0.24 (vs €0.17 loss in 1Q 2023)First quarter 2024 results: EPS: €0.24 (up from €0.17 loss in 1Q 2023). Revenue: €50.5m (up 31% from 1Q 2023). Net income: €2.40m (up €4.10m from 1Q 2023). Profit margin: 4.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Apr 15Now 21% undervaluedOver the last 90 days, the stock has risen 17% to €36.10. The fair value is estimated to be €45.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.
分析記事 • Mar 30After Leaping 29% init innovation in traffic systems SE (ETR:IXX) Shares Are Not Flying Under The Radarinit innovation in traffic systems SE ( ETR:IXX ) shareholders would be excited to see that the share price has had a...
Buy Or Sell Opportunity • Mar 27Now 21% undervaluedOver the last 90 days, the stock has risen 16% to €35.60. The fair value is estimated to be €45.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.
Price Target Changed • Mar 25Price target increased by 8.4% to €51.50Up from €47.50, the current price target is an average from 2 analysts. New target price is 52% above last closing price of €33.90. Stock is up 27% over the past year. The company is forecast to post earnings per share of €1.80 for next year compared to €1.54 last year.
Declared Dividend • Mar 24Dividend of €0.70 announcedShareholders will receive a dividend of €0.70. Ex-date: 7th June 2024 Payment date: 11th June 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 85% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
分析記事 • Mar 22init innovation in traffic systems' (ETR:IXX) Returns On Capital Are Heading HigherFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Reported Earnings • Mar 22Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €1.54 (down from €1.67 in FY 2022). Revenue: €210.8m (up 10% from FY 2022). Net income: €15.2m (down 8.1% from FY 2022). Profit margin: 7.2% (down from 8.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.0%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €32.70, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Software industry in Germany. Negligible returns to shareholders over past three years.
お知らせ • Feb 18+ 4 more updatesinit innovation in traffic systems SE to Report Q3, 2024 Results on Nov 13, 2024init innovation in traffic systems SE announced that they will report Q3, 2024 results on Nov 13, 2024
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: €0.37 (vs €0.51 in 3Q 2022)Third quarter 2023 results: EPS: €0.37 (down from €0.51 in 3Q 2022). Revenue: €53.4m (up 5.8% from 3Q 2022). Net income: €3.70m (down 27% from 3Q 2022). Profit margin: 6.9% (down from 10.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
分析記事 • Nov 07Do init innovation in traffic systems' (ETR:IXX) Earnings Warrant Your Attention?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Aug 19init innovation in traffic systems (ETR:IXX) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: €0.31 (vs €0.14 in 2Q 2022)Second quarter 2023 results: EPS: €0.31 (up from €0.14 in 2Q 2022). Revenue: €51.1m (up 13% from 2Q 2022). Net income: €3.03m (up 111% from 2Q 2022). Profit margin: 5.9% (up from 3.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • May 26+ 3 more updatesinit innovation in traffic systems SE Announces Dividend for the Year 2022init innovation in traffic systems SE announced a regular dividend of EUR 0.60 per no-par value share will be paid for the 2022 financial year to reflect the positive trend in earnings.
Upcoming Dividend • May 19Upcoming dividend of €0.70 per share at 1.9% yieldEligible shareholders must have bought the stock before 26 May 2023. Payment date: 31 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.6%).
Reported Earnings • May 18First quarter 2023 earnings released: €0.17 loss per share (vs €0.047 profit in 1Q 2022)First quarter 2023 results: €0.17 loss per share (down from €0.047 profit in 1Q 2022). Revenue: €38.5m (up 8.3% from 1Q 2022). Net loss: €1.69m (down 467% from profit in 1Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
分析記事 • May 13init innovation in traffic systems' (ETR:IXX) Shareholders Will Receive A Bigger Dividend Than Last Yearinit innovation in traffic systems SE ( ETR:IXX ) will increase its dividend from last year's comparable payment on the...
お知らせ • May 12+ 2 more updatesinit innovation in traffic systems SE, Annual General Meeting, May 25, 2023init innovation in traffic systems SE, Annual General Meeting, May 25, 2023.
分析記事 • Apr 05init innovation in traffic systems' (ETR:IXX) Upcoming Dividend Will Be Larger Than Last Year'sinit innovation in traffic systems SE ( ETR:IXX ) will increase its dividend on the 31st of May to €0.70, which is 27...
Major Estimate Revision • Mar 22Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from €1.25 to €1.41. Revenue forecast steady at €192.0m. Net income forecast to grow 28% next year vs 20% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €47.25. Share price rose 8.3% to €28.70 over the past week.
Buying Opportunity • Mar 06Now 20% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €35.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 4.4%. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.
Buying Opportunity • Feb 16Now 20% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be €35.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 4.4%. Revenue is forecast to grow by 35% in 2 years. Earnings is forecast to grow by 60% in the next 2 years.
分析記事 • Jan 18Estimating The Intrinsic Value Of init innovation in traffic systems SE (ETR:IXX)Key Insights init innovation in traffic systems' estimated fair value is €35.4 based on 2 Stage Free Cash Flow to...
Major Estimate Revision • Nov 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €1.11 to €1.25. Revenue forecast steady at €192.7m. Net income forecast to grow 26% next year vs 18% growth forecast for Software industry in Germany. Consensus price target broadly unchanged at €47.00. Share price rose 7.2% to €23.80 over the past week.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.51 (vs €0.21 in 3Q 2021)Third quarter 2022 results: EPS: €0.51 (up from €0.21 in 3Q 2021). Revenue: €50.5m (up 25% from 3Q 2021). Net income: €5.03m (up 141% from 3Q 2021). Profit margin: 10.0% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: €0.51 (vs €0.21 in 3Q 2021)Third quarter 2022 results: EPS: €0.51 (up from €0.21 in 3Q 2021). Revenue: €50.5m (up 25% from 3Q 2021). Net income: €5.03m (up 141% from 3Q 2021). Profit margin: 10.0% (up from 5.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.
分析記事 • Nov 10Is It Time To Consider Buying init innovation in traffic systems SE (ETR:IXX)?init innovation in traffic systems SE ( ETR:IXX ), is not the largest company out there, but it saw a significant share...
Valuation Update With 7 Day Price Move • Nov 09Investor sentiment improved over the past weekAfter last week's 17% share price gain to €21.05, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Software industry in Germany. Total returns to shareholders of 4.6% over the past three years.
お知らせ • Aug 20init innovation in traffic systems SE Announces Executive Changes, Effective March 1, 2023The Supervisory Board of init innovation in traffic systems SE has appointed a new Chief Financial Officer. Dr. Marco Ferber will take up this position with effect from 1 March 2023, succeeding Jennifer Bodenseh, who has already left the company by mutual agreement on 30 June 2022 to pursue new professional opportunities. Dr. Marco Ferber has extensive experience in the commercial and strategic management of international listed companies. Before joining init SE, the doctor of business administration was authorised signatory with responsibility for corporate accounting, performance and risk controlling as well as the tax department of the Bilfinger group. Prior to that, the financial expert successfully held various management positions in Germany and abroad with the Thomas Cook Group, including Managing Director of a large national subsidiary. Dr. Marco Ferber began his career in January 2000 as a consultant at McKinsey & Company Inc.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: €0.14 (vs €0.33 in 2Q 2021)Second quarter 2022 results: EPS: €0.14 (down from €0.33 in 2Q 2021). Revenue: €45.1m (up 2.1% from 2Q 2021). Net income: €1.44m (down 56% from 2Q 2021). Profit margin: 3.2% (down from 7.5% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 19%, compared to a 7.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.
分析記事 • Aug 11We Like These Underlying Return On Capital Trends At init innovation in traffic systems (ETR:IXX)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Price Target Changed • Aug 03Price target decreased to €46.25Down from €51.25, the current price target is an average from 2 analysts. New target price is 114% above last closing price of €21.65. Stock is down 50% over the past year. The company is forecast to post earnings per share of €1.17 for next year compared to €1.25 last year.
お知らせ • May 19+ 1 more updateinit innovation in traffic systems SE Provides Earnings Guidance for the Year 2022init innovation in traffic systems SE announced that in the current financial year, the Managing Board considers a turnover in the range of EUR 190 million to EUR 200 million to be achievable.
Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: €0.047 (down from €0.18 in 1Q 2021). Revenue: €35.6m (down 12% from 1Q 2021). Net income: €462.0k (down 75% from 1Q 2021). Profit margin: 1.3% (down from 4.5% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 17%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year and the company’s share price has also increased by 24% per year.
Upcoming Dividend • May 12Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 19 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.2%). In line with average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to €35.90, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €57.35 per share.
Major Estimate Revision • Mar 31Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.55 to €1.25 per share. Revenue forecast steady at €194.0m. Net income forecast to grow 0.7% next year vs 26% growth forecast for Software industry in Germany. Consensus price target of €51.25 unchanged from last update. Share price rose 12% to €36.65 over the past week.
分析記事 • Mar 31init innovation in traffic systems (ETR:IXX) Is Looking To Continue Growing Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to €30.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 29x in the Software industry in Germany. Total returns to shareholders of 115% over the past three years.
Buying Opportunity • Mar 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be €32.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 48% per annum over the last 3 years.
分析記事 • Feb 23Here's Why We Think init innovation in traffic systems (ETR:IXX) Is Well Worth WatchingSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Buying Opportunity • Jan 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 31%. The fair value is estimated to be €38.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 48% per annum over the last 3 years.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS €0.21 (vs €0.40 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €40.4m (down 19% from 3Q 2020). Net income: €2.09m (down 47% from 3Q 2020). Profit margin: 5.2% (down from 8.0% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS €0.33 (vs €0.19 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €44.2m (up 7.5% from 2Q 2020). Net income: €3.31m (up 76% from 2Q 2020). Profit margin: 7.5% (up from 4.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 10At €48.50, Is It Time To Put init innovation in traffic systems SE (ETR:IXX) On Your Watch List?While init innovation in traffic systems SE ( ETR:IXX ) might not be the most widely known stock at the moment, it led...
分析記事 • May 28These 4 Measures Indicate That init innovation in traffic systems (ETR:IXX) Is Using Debt Reasonably WellThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • May 21init innovation in traffic systems SE Approves Dividend for 2020init innovation in traffic systems SE announced 37.5% higher dividend for the 2020 financial year. The virtual shareholders' meeting held on May 19, 2021 approved the increase in the dividend proposed by the Managing Board and Supervisory Board to EUR 0.55 per share (previous year: EUR 0.40).
Upcoming Dividend • May 13Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 20 May 2021. Payment date: 25 May 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).
Reported Earnings • May 12First quarter 2021 earnings released: EPS €0.18 (vs €0.22 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €40.5m (flat on 1Q 2020). Net income: €1.84m (down 16% from 1Q 2020). Profit margin: 4.5% (down from 5.4% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
分析記事 • May 04Is Now The Time To Put init innovation in traffic systems (ETR:IXX) On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
分析記事 • Apr 08Returns On Capital At init innovation in traffic systems (ETR:IXX) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Price Target Changed • Mar 30Price target decreased to €45.00Down from €49.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of €33.50. Stock is up 68% over the past year.
分析記事 • Mar 28Earnings Beat: init innovation in traffic systems SE Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Modelsinit innovation in traffic systems SE ( ETR:IXX ) came out with its full-year results last week, and we wanted to see...
Reported Earnings • Mar 26Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €180.7m (up 16% from FY 2019). Net income: €14.9m (up 32% from FY 2019). Profit margin: 8.3% (up from 7.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 18init innovation in traffic systems SE to Report Fiscal Year 2020 Results on Mar 25, 2021init innovation in traffic systems SE announced that they will report fiscal year 2020 results on Mar 25, 2021