XTRA:IVU

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IVU Traffic Technologies

Executive Summary

IVU Traffic Technologies AG develops solutions for public passenger and goods transport, and transport logistics worldwide.

Rewards

Trading at 59.6% below our estimate of its fair value

Earnings grew by 69.2% over the past year

Risk Analysis

No risks detected for IVU from our risk checks.


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has IVU Traffic Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IVU has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.3%

IVU

1.7%

DE Software

2.6%

DE Market


1 Year Return

73.1%

IVU

29.6%

DE Software

8.1%

DE Market

Return vs Industry: IVU exceeded the German Software industry which returned 29.6% over the past year.

Return vs Market: IVU exceeded the German Market which returned 8.1% over the past year.


Shareholder returns

IVUIndustryMarket
7 Day-1.3%1.7%2.6%
30 Day-5.8%0.04%-0.08%
90 Day18.1%24.1%12.1%
1 Year74.9%73.1%31.4%29.6%10.5%8.1%
3 Year301.0%283.9%64.1%57.4%6.4%-2.1%
5 Year288.1%271.6%134.2%118.2%15.2%-0.3%

Price Volatility Vs. Market

How volatile is IVU Traffic Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is IVU Traffic Technologies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IVU (€15.3) is trading below our estimate of fair value (€37.87)

Significantly Below Fair Value: IVU is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IVU is poor value based on its PE Ratio (26x) compared to the DE Software industry average (25.6x).

PE vs Market: IVU is poor value based on its PE Ratio (26x) compared to the German market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IVU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IVU is overvalued based on its PB Ratio (5x) compared to the DE Software industry average (3.4x).


Next Steps

Future Growth

How is IVU Traffic Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IVU Traffic Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has IVU Traffic Technologies performed over the past 5 years?

27.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IVU has high quality earnings.

Growing Profit Margin: IVU's current net profit margins (11.2%) are higher than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: IVU's earnings have grown significantly by 27.6% per year over the past 5 years.

Accelerating Growth: IVU's earnings growth over the past year (69.2%) exceeds its 5-year average (27.6% per year).

Earnings vs Industry: IVU earnings growth over the past year (69.2%) exceeded the Software industry 32.1%.


Return on Equity

High ROE: IVU's Return on Equity (19.3%) is considered low.


Next Steps

Financial Health

How is IVU Traffic Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: IVU's short term assets (€78.0M) exceed its short term liabilities (€36.8M).

Long Term Liabilities: IVU's short term assets (€78.0M) exceed its long term liabilities (€11.0M).


Debt to Equity History and Analysis

Debt Level: IVU is debt free.

Reducing Debt: IVU has not had any debt for past 5 years.

Debt Coverage: IVU has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: IVU has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is IVU Traffic Technologies's current dividend yield, its reliability and sustainability?

1.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IVU's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.23%).

High Dividend: IVU's dividend (1.05%) is low compared to the top 25% of dividend payers in the German market (3.78%).


Stability and Growth of Payments

Stable Dividend: IVU has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: IVU's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.2%), IVU's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Martin Müller-Elschner (52 yo)

10.58yrs

Tenure

Mr. Martin Müller-Elschner serves as the Chief Executive Officer and Chairman of the Management Board at IVU Traffic Technologies AG since January 1, 2010 and January 1, 2010 respectively and has been its ...


Leadership Team

NamePositionTenureCompensationOwnership
Martin Müller-Elschner
Chairman of Management Board & CEO10.58yrsno data1.34%
€ 3.6m
Steffen Voith
Head of Financeno datano datano data
Matthias Rust
CTO & Member of Management Board3.75yrsno data0.070%
€ 186.3k
Leon Struijk
Chief Customer Officer & Member of Management Board2.5yrsno data0.085%
€ 227.2k
Felix Bialdyga
Head of Human Resourcesno datano datano data
Perry Prust
Head of Development Operationsno datano datano data
Wolfgang Alfanz
Managing Director of IVU Austria2.92yrsno datano data
Martin Stiel
Head of Development Planningno datano datano data

3.3yrs

Average Tenure

52yo

Average Age

Experienced Management: IVU's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Herbert Sonntag
Chairman of Supervisory Board6.17yrsno data4.94%
€ 13.1m
Volker Sparmann
Member of Advisory Boardno datano datano data
Manfred Boltze
Member of Advisory Boardno datano datano data
Adolf Muller-Hellmann
Member of Advisory Boardno datano datano data
Heiner Bente
Member of Supervisory Board1.25yrsno datano data
Ute Witt
Deputy Chairwoman of the Supervisory Board2.08yrsno data0.0057%
€ 15.2k
Barbara Lenz
Member of the Supervisory Board1.25yrsno datano data
Axel Zimmermann
Employee Representative Member of the Supervisory Board1.08yrsno data0.0039%
€ 10.3k
Benedikt Woelki
Employee Representative Member of the Supervisory Board1.08yrsno datano data
Alain Flausch
Member of Advisory Boardno datano datano data
Bert Meerstadt
Member of Advisory Boardno datano datano data
Ronald Pörner
Member of Advisory Boardno datano datano data

1.3yrs

Average Tenure

59yo

Average Age

Experienced Board: IVU's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

IVU Traffic Technologies AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: IVU Traffic Technologies AG
  • Ticker: IVU
  • Exchange: XTRA
  • Founded: 1976
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: €265.795m
  • Shares outstanding: 17.54m
  • Website: https://www.ivu.com

Number of Employees


Location

  • IVU Traffic Technologies AG
  • Bundesallee 88
  • Berlin
  • 12161
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IVUDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2000
IVUXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJul 2000
0NCALSE (London Stock Exchange)YesOrdinary SharesGBEURJul 2000
IVUdBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJul 2000

Biography

IVU Traffic Technologies AG develops solutions for public passenger and goods transport, and transport logistics worldwide. The company offers IVU.suite, a solution that provides planning, dispatching, fle ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 22:41
End of Day Share Price2020/08/07 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.