IIIV

i3 VerticalsNasdaqGS:IIIV Stock Report

Market Cap

US$824.7m

7D

-6.8%

1Y

10.4%

Updated

16 Sep, 2021

Data

Company Financials +
IIIV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

IIIV Overview

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

Summary of all time highs, changes and price drops for i3 Verticals
Historical stock prices
Current Share PriceUS$25.63
52 Week HighUS$20.25
52 Week LowUS$35.99
Beta1.59
1 Month Change-7.54%
3 Month Change-14.60%
1 Year Change10.43%
3 Year Change14.06%
5 Year Changen/a
Change since IPO39.67%

Recent News & Updates

May 23
Calculating The Intrinsic Value Of i3 Verticals, Inc. (NASDAQ:IIIV)

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...

May 05
Here's Why i3 Verticals (NASDAQ:IIIV) Has A Meaningful Debt Burden

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...

Shareholder Returns

IIIVUS ITUS Market
7D-6.8%-0.8%-0.6%
1Y10.4%26.4%33.6%

Return vs Industry: IIIV underperformed the US IT industry which returned 26.1% over the past year.

Return vs Market: IIIV underperformed the US Market which returned 33.7% over the past year.

Price Volatility

Is IIIV's price volatile compared to industry and market?
IIIV volatility
IIIV Beta1.59
Industry Beta1.18
Market Beta1

Stable Share Price: IIIV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
2012740Greg Dailyhttps://www.i3verticals.com

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.

Valuation

Is i3 Verticals 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: IIIV ($25.63) is trading below our estimate of fair value ($93.57)

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 (4.1x) compared to the US IT industry average (5.5x).


Future Growth

How is i3 Verticals forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

91.1%

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% per year) is forecast to grow faster than the US market (9.7% per year).

High Growth Revenue: IIIV's revenue (14% 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%)


Past Performance

How has i3 Verticals performed over the past 5 years?

-13.1%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Greg Daily (61 yo)

3.67yrs

Tenure

US$153,964

Compensation

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 ($USD153.96K) is below average for companies of similar size in the US market ($USD2.33M).

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


Leadership Team

Experienced Management: IIIV's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: IIIV's board of directors are considered experienced (4.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

i3 Verticals, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: i3 Verticals, Inc.
  • Ticker: IIIV
  • Exchange: NasdaqGS
  • Founded: 2012
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Implied Market Cap: US$824.677m
  • Market Cap: US$563.322m
  • Shares outstanding: 32.21m
  • Website: https://www.i3verticals.com

Number of Employees


Location

  • i3 Verticals, Inc.
  • 40 Burton Hills Boulevard
  • Suite 415
  • Nashville
  • Tennessee
  • 37215
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:56
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/09/30


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.