XTRA:IVX

Stock Analysis Report

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Executive Summary

InVision Aktiengesellschaft develops and markets products and services in the field of workforce management and education in Europe and the United States. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has InVision's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.0%

IVX

-23.4%

DE Software

-7.3%

DE Market


1 Year Return

2.1%

IVX

-17.2%

DE Software

-7.7%

DE Market

Return vs Industry: IVX exceeded the German Software industry which returned -15.1% over the past year.

Return vs Market: IVX exceeded the German Market which returned -6.6% over the past year.


Shareholder returns

IVXIndustryMarket
7 Day-1.0%-23.4%-7.3%
30 Day-0.5%-27.9%-7.7%
90 Day-10.7%-28.3%-4.5%
1 Year2.1%2.1%-16.1%-17.2%-4.8%-7.7%
3 Year-26.4%-26.4%0.6%-3.6%-9.2%-17.2%
5 Year-57.8%-58.5%41.2%31.5%11.4%-4.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is InVision undervalued compared to its fair value and its price relative to the market?

15.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: IVX (€19.1) is trading above our estimate of fair value (€1.04)

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


Price To Earnings Ratio

PE vs Industry: IVX is good value based on its PE Ratio (15.4x) compared to the DE Software industry average (23.9x).

PE vs Market: IVX is good value based on its PE Ratio (15.4x) compared to the German market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: IVX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: IVX is good value based on its PB Ratio (1.8x) compared to the DE Software industry average (3.1x).


Next Steps

Future Growth

How is InVision forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-37.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IVX's earnings are forecast to decline over the next 3 years (-37.3% per year).

Earnings vs Market: IVX's earnings are forecast to decline over the next 3 years (-37.3% per year).

High Growth Earnings: IVX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: IVX's revenue (5% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: IVX's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IVX's Return on Equity is forecast to be low in 3 years time (6.5%).


Next Steps

Past Performance

How has InVision performed over the past 5 years?

-19.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IVX has a high level of non-cash earnings.

Growing Profit Margin: IVX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: IVX's earnings have declined by 19% per year over the past 5 years.

Accelerating Growth: IVX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: IVX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (37.9%).


Return on Equity

High ROE: IVX's Return on Equity (21.2%) is considered high.


Next Steps

Financial Health

How is InVision's financial position?


Financial Position Analysis

Short Term Liabilities: IVX's short term assets (€11.0M) exceed its short term liabilities (€5.2M).

Long Term Liabilities: IVX's short term assets (€11.0M) exceed its long term liabilities (€6.4M).


Debt to Equity History and Analysis

Debt Level: IVX's debt to equity ratio (46%) is considered high.

Reducing Debt: IVX's debt to equity ratio has reduced from 55.8% to 46% over the past 5 years.

Debt Coverage: IVX's debt is not well covered by operating cash flow (11.5%).

Interest Coverage: IVX's interest payments on its debt are well covered by EBIT (10.1x coverage).


Balance Sheet


Next Steps

Dividend

What is InVision current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IVX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IVX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IVX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IVX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: IVX is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IVX's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

€364k

CEO Compensation


CEO

Peter Bollenbeck (47 yo)

no data

Tenure

€364,426

Compensation

Mr. Peter Bollenbeck co-founded InVision AG in 1995 and serves as its Chairman of the Executive Board and Chief Executive Officer. Mr. Bollenbeck is responsible for strategy, sales, professional services a ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD424.69K) is about average for companies of similar size in the German market ($USD483.38K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


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

InVision Aktiengesellschaft's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: InVision Aktiengesellschaft
  • Ticker: IVX
  • Exchange: XTRA
  • Founded: 1995
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €42.689m
  • Shares outstanding: 2.24m
  • Website: https://www.ivx.com

Number of Employees


Location

  • InVision Aktiengesellschaft
  • Speditionstraße 5
  • Düsseldorf
  • North Rhine-Westphalia
  • 40221
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IVXDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2007
IVXXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJun 2007
0EWOLSE (London Stock Exchange)YesOrdinary SharesGBEURJun 2007
IVXdBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 2007

Biography

InVision Aktiengesellschaft develops and markets products and services in the field of workforce management and education in Europe and the United States. Its products include injixo, a workforce managemen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 22:17
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
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.