IVU Traffic Technologies (XTRA:IVU) - Share price, News & Analysis

IVU fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

IVU Stock Overview

IVU Traffic Technologies AG develops, installs, maintains, and operates integrated IT solutions for buses and trains worldwide.

Risk Analysis

No risks detected for IVU from our risk checks.

IVU Traffic Technologies Competitors

Cisco Systems

NasdaqGS:CSCO

US$203.6b

Oracle

NYSE:ORCL

US$186.0b

McKesson

NYSE:MCK

US$47.7b

Cerner

NasdaqGS:CERN

US$27.7b

Price History & Performance

Summary of all time highs, changes and price drops for IVU Traffic Technologies
Historical stock prices
Current Share Price	€16.58
52 Week High	€21.90
52 Week Low	€15.52
Beta	1.19
1 Month Change	-9.99%
3 Month Change	-18.73%
1 Year Change	-4.82%
3 Year Change	64.16%
5 Year Change	380.58%
Change since IPO	-18.73%

Shareholder Returns

	IVU	DE Software	DE Market
7D	4.5%	2.7%	3.8%
1Y	-4.8%	-18.1%	-12.4%

Return vs Industry: IVU exceeded the German Software industry which returned -18.1% over the past year.

Return vs Market: IVU exceeded the German Market which returned -12.4% over the past year.

Price Volatility

Is IVU's price volatile compared to industry and market?
IVU volatility
IVU Average Weekly Movement	4.3%
Software Industry Average Movement	7.6%
Market Average Movement	6.4%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	3.5%

Stable Share Price: IVU is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: IVU's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1976	779	Martin Muller-Elschner	https://www.ivu.com

IVU Traffic Technologies AG develops, installs, maintains, and operates integrated IT solutions for buses and trains worldwide. The company offers IVU.suite and IVU.rail software and hardware systems that create timetables, plan and optimize the deployment of buses and trains, dispatch drivers and vehicles, control and monitor the operation of vehicle fleets, sell tickets, inform passengers, cash up takings, and prepare statistics. It also provides integration, implementation, support, and cloud hosting and maintenance services.

IVU Traffic Technologies Fundamentals Summary

How do IVU Traffic Technologies's earnings and revenue compare to its market cap?
IVU fundamental statistics
Market Cap	€287.86m
Earnings (TTM)	€9.32m
Revenue (TTM)	€102.88m

30.9x

P/E Ratio

2.8x

P/S Ratio

Is IVU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
IVU income statement (TTM)
Revenue	€102.88m
Cost of Revenue	€28.44m
Gross Profit	€74.45m
Other Expenses	€65.13m
Earnings	€9.32m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.54
Gross Margin	72.36%
Net Profit Margin	9.06%
Debt/Equity Ratio	0%

How did IVU perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

41%

Payout Ratio

Does IVU pay a reliable dividends?

See IVU dividend history and benchmarks

When do you need to buy IVU by to receive an upcoming dividend?
IVU Traffic Technologies dividend dates
Ex Dividend Date	May 26 2022
Dividend Pay Date	May 31 2022
Days until Ex dividend	8 days
Days until Dividend pay date	13 days

Does IVU pay a reliable dividends?

See IVU dividend history and benchmarks

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

30.89x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: IVU (€16.58) is trading above our estimate of fair value (€8.17)

Significantly Below Fair Value: IVU is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: IVU is poor value based on its PE Ratio (30.9x) compared to the German Software industry average (29.9x).

PE vs Market: IVU is poor value based on its PE Ratio (30.9x) compared to the German market (17.5x).

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 (4.2x) compared to the DE Software industry average (2.9x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

22.4%

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.

Past Performance

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

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

28.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IVU has high quality earnings.

Growing Profit Margin: IVU's current net profit margins (9.1%) are lower than last year (11%).

Past Earnings Growth Analysis

Earnings Trend: IVU has become profitable over the past 5 years, growing earnings by 28.9% per year.

Accelerating Growth: IVU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IVU had negative earnings growth (-7.7%) over the past year, making it difficult to compare to the Software industry average (9.2%).

Return on Equity

High ROE: IVU's Return on Equity (13.7%) is considered low.

Financial Health

How is IVU Traffic Technologies's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: IVU's short term assets (€107.2M) exceed its short term liabilities (€50.1M).

Long Term Liabilities: IVU's short term assets (€107.2M) exceed its long term liabilities (€12.4M).

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

Dividend

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

Dividend Score

1/6

Dividend Score 1/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.33%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: IVU's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.38%).

High Dividend: IVU's dividend (1.33%) is low compared to the top 25% of dividend payers in the German market (4.31%).

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 7 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.5%), IVU's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (21.3%), IVU's dividend payments are well covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Software industry.

Management

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

0.7yrs

Average management tenure

CEO

Martin Muller-Elschner (53 yo)

14.33yrs

Tenure

Mr. Martin Muller-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

Experienced Management: IVU's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Experienced Board: IVU's board of directors are considered experienced (3 years average tenure).

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31