i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, property management, and healthcare markets in the United States.
i3 Verticals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$23.67|
|52 Week High||US$20.25|
|52 Week Low||US$35.99|
|1 Month Change||-2.23%|
|3 Month Change||-26.33%|
|1 Year Change||-6.92%|
|3 Year Change||12.45%|
|5 Year Change||n/a|
|Change since IPO||28.99%|
Recent News & Updates
Calculating The Intrinsic Value Of i3 Verticals, Inc. (NASDAQ:IIIV)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of i3 Verticals, Inc...
Here's Why i3 Verticals (NASDAQ:IIIV) Has A Meaningful Debt Burden
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|IIIV||US IT||US Market|
Return vs Industry: IIIV underperformed the US IT industry which returned 22.7% over the past year.
Return vs Market: IIIV underperformed the US Market which returned 31.5% over the past year.
Stable Share Price: IIIV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: IIIV's weekly volatility (6%) has been stable over the past year.
About the Company
i3 Verticals, Inc. provides integrated payment and software solutions to small- and medium-sized businesses and organizations in education, non-profit, public sector, property management, and healthcare markets in the United States. It operates in two segments, Merchant Services, and Proprietary Software and Payments. The company offers payment processing services, including merchant onboarding, risk and underwriting, authorization, settlement, chargeback processing, and other merchant support.
i3 Verticals Fundamentals Summary
|IIIV fundamental statistics|
Is IIIV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IIIV income statement (TTM)|
|Cost of Revenue||US$53.40m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.19|
|Net Profit Margin||-3.18%|
How did IIIV perform over the long term?See historical performance and comparison
Is i3 Verticals undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IIIV ($24.13) is trading below our estimate of fair value ($100.53)
Significantly Below Fair Value: IIIV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IIIV is unprofitable, so we can't compare its PE Ratio to the US IT industry average.
PE vs Market: IIIV is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IIIV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IIIV is good value based on its PB Ratio (3.9x) compared to the US IT industry average (5.4x).
How is i3 Verticals forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IIIV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: IIIV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IIIV's is expected to become profitable in the next 3 years.
Revenue vs Market: IIIV's revenue (14.4% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: IIIV's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IIIV's Return on Equity is forecast to be high in 3 years time (20.1%)
How has i3 Verticals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IIIV is currently unprofitable.
Growing Profit Margin: IIIV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IIIV is unprofitable, and losses have increased over the past 5 years at a rate of 13.1% per year.
Accelerating Growth: Unable to compare IIIV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IIIV is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (28%).
Return on Equity
High ROE: IIIV has a negative Return on Equity (-3.82%), as it is currently unprofitable.
How is i3 Verticals's financial position?
Financial Position Analysis
Short Term Liabilities: IIIV's short term assets ($49.3M) do not cover its short term liabilities ($80.6M).
Long Term Liabilities: IIIV's short term assets ($49.3M) do not cover its long term liabilities ($281.9M).
Debt to Equity History and Analysis
Debt Level: IIIV's debt to equity ratio (75.4%) is considered high.
Reducing Debt: Insufficient data to determine if IIIV's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IIIV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IIIV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.6% per year.
What is i3 Verticals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IIIV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IIIV'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 IIIV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IIIV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IIIV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Daily (61 yo)
Mr. Gregory S. Daily, also known as Greg, serves as the Founder, Chairman and Chief Executive Officer of i3 Verticals, LLC. since 2012. Mr. Daily serves as Chairman and Chief Executive Officer at i3 Vertic...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD153.96K) is below average for companies of similar size in the US market ($USD2.27M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
Experienced Management: IIIV's management team is considered experienced (3.6 years average tenure).
Experienced Board: IIIV's board of directors are considered experienced (4.5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.
i3 Verticals, Inc.'s employee growth, exchange listings and data sources
- Name: i3 Verticals, Inc.
- Ticker: IIIV
- Exchange: NasdaqGS
- Founded: 2012
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Implied Market Cap: US$777.183m
- Market Cap: US$530.353m
- Shares outstanding: 32.21m
- Website: https://www.i3verticals.com
Number of Employees
- i3 Verticals, Inc.
- 40 Burton Hills Boulevard
- Suite 415
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 22:15|
|End of Day Share Price||2021/10/22 00:00|
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.