PowerFleet, Inc.

NYSE:MIXT Stok Raporu

Piyasa değeri: US$320.8m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

MiX Telematics Gelecekteki Büyüme

Future kriter kontrolleri 3/6

MiX Telematics şirketinin yıllık kazanç ve gelirinin sırasıyla 46.5% ve 5.2% oranında artması bekleniyor.

Anahtar bilgiler

46.5%

Kazanç büyüme oranı

n/a

EPS büyüme oranı

Software kazanç büyümesi19.5%
Gelir büyüme oranı5.2%
Gelecekteki özkaynak getirisin/a
Analist kapsamı

Low

Son güncelleme12 Mar 2024

Gelecekteki son büyüme güncellemeleri

Recent updates

Seeking Alpha • Dec 26

MiX Telematics Seeks Merger With PowerFleet Amid Challenged Growth

Summary MiX Telematics Limited plans to merge with U.S.-based PowerFleet, which could lead to potential gains and cost-effective pursuit of larger deals. The global market for automotive telematics is expected to reach nearly $179.5 billion by 2030, driving growth for companies like MiX Telematics. MiX Telematics has shown slow revenue growth and a decline in operating income, but its financial position and free cash flow are stable. Until the merger is completed and new management is able to ignite meaningful revenue growth, I'm Neutral [Hold] on MiX Telematics Limited stock. Read the full article on Seeking Alpha
Seeking Alpha • Sep 28

MiX Telematics Contends With Slow Sales Cycles As Macro Headwinds Remain

Summary MiX Telematics Limited provides vehicle and mobile asset tracking and management software globally. Revenue growth is challenged by lengthening sales cycles and a strong U.S. dollar environment. The company is correct to focus on premium fleet prospects, but I remain Neutral [Hold] on MiX Telematics for the near term. Read the full article on Seeking Alpha
Seeking Alpha • Jul 18

MiX Telematics: AI, Low Valuation, Pristine Balance Sheet, Growth, Dividend

Summary MiX Telematics combines profitability, low valuation, pristine balance sheet, growth with dividend. Outlook is bright with more growth on the horizon thanks also to the company's artificial intelligence offerings. MIXT recently increased the dividend, which is a strong indicator that it's confident about its cash flows in the foreseeable future. MIXT has repurchased its shares over the last twelve months at an average price of $8.57 per ADS. I believe that MIXT could outperform in the next twelve months. Read the full article on Seeking Alpha
Seeking Alpha • Jun 23

MiX Telematics Results Flatten As Headwinds Mount

Summary MiX Telematics Limited reported its FQ4 2023 financial results on May 25, 2023. The firm provides an array of fleet tracking and telematics products and services worldwide. MiX Telematics' financial results have been leveling off amid increasingly challenging macroeconomic conditions. I remain Neutral [Hold] on MiX Telematics stock in the near term. Read the full article on Seeking Alpha
Seeking Alpha • Jan 26

MiX Telematics Non-GAAP EPS of $0.04, revenue of $37.8M

MiX Telematics press release (NYSE:MIXT): Q3 Non-GAAP EPS of $0.04. Revenue of $37.8M (+4.4% Y/Y). Subscription revenue of $32.5 million, up 17% year-over-year (constant currency) Annual recurring revenue (“ARR”) of $131.8 million, up 17% year-over-year (constant currency) Record net quarterly organic subscriber additions of 44,600, bringing the total base to over 959,000 Net income of $2.8 million, up from $0.6 million in the prior year Adjusted EBITDA of $8.4 million, at an Adjusted EBITDA margin of 22.2% (up from $6.0 million, at an Adjusted EBITDA margin of 17.0%, in the prior quarter) Net cash from operating activities of $11.2 million Free cash flow of $5.9 million
Seeking Alpha • Nov 16

MiX Telematics goes ex-dividend tomorrow

MiX Telematics (NYSE:MIXT) had declared $0.041/share quarterly dividend, -31.7% decrease from prior dividend of $0.060. Payable NA; for shareholders of record Nov. 18; ex-div Nov. 17. See MIXT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Oct 22

MiX Telematics Offers A Solid Risk/Reward Ratio Here

Summary MiX Telematics is a leader in the global fleet and asset telematics sector offering a host of sophisticated services on a SaaS platform generating 60%+ gross margins. The telematics market is a huge market still in the early innings, providing a long runway for the company. The company's solutions produce solid ROIs for customers blunting any recessionary headwinds. While the company is facing some headwinds, most notably in the currency markets, it's still adding 20K subscribers a quarter. We think that the 1x EV/S valuation for this SaaS company generating 60%+ gross margins is cheap. It has been some time since we looked at MiX Telematics (MIXT), a worldwide provider of advanced telematics solutions for fleets and assets with a presence in 120 countries, based on a SaaS subscription business model. Given the number of headwinds the company has been facing, they have actually been doing quite well, but the shares have suffered with the rest of small growth stocks. FinViz Quick introduction Here is a little overview of the types of services the company offers, they are quite a sophisticated telematics player (company IR presentation): MIXT IR presentation The company integrates these in its SaaS platform, a highly attractive business model. These services generate a host of data which is the basis of analytics, solving a host of problems like (10-K): to reduce fuel and other operating costs, improve efficiency, enhance regulatory compliance, enhance driver safety, manage risk and mitigate theft. Our solutions mostly rely on our proprietary, highly scalable technology platforms, which allow us to collect, analyze and deliver information based on data from our customers' vehicles. MIXT IR presentation The company's offerings solve a host of solutions for customers (10-K): For example, for fleet efficiency, we offer vehicle tracking and analysis, fuel consumption and mileage analysis; for regulatory compliance, we offer compliance monitoring, hours of service tracking and fuel tax reporting; for driver improvement, we offer in-vehicle video monitoring and in-cab real-time driver feedback; for risk management, we offer driver scoring and analysis and journey management; and for safety and security, we offer vehicle and asset tracking, crash notifications and vehicle theft recovery. And there is more, like BI (business intelligence), from the 10-K: Our fleet management software is designed to provide our customers with insightful, actionable business intelligence on demand. For example, our premium fleet solution, MiX Fleet Manager, includes data reporting and analysis tools with more than 110 standard reports and the ability for customers to request custom fleet, vehicle and driver reports. We also offer a premium web-based business intelligence engine with enhanced analytics, reporting and data visualization tools for those customers seeking to perform highly granular analyses of large quantities of historical and real-time data and make the data available to customers in the format of their choice. Last year, the company launched MiX Vision AI in order to serve the video telematics market, a relatively new addition to the industry. MIXT IR presentation Management argues that this, in combination with in-vehicle telematics, generates a strong ROI for users: MIXT website They even have their own phone app: MIXT IR presentation This breadth of services generates significant upselling opportunities which are interesting for instance in the OEM deals the company has with a number of car manufacturers: MIXT IR presentation Isuzu was the latest of these, a win in Q1/23 and they will even install the MiX devices on their production lines and as a result, they will pay MiX subscription revenues. From the Q1CC: The agreement will see MiX's fleet and asset tracking technologies installed on their production line on all vehicles in 3 commercial ranges produced in South Africa. Branded locally as Isuzu insights. The solution will be used by Isuzu to provide value-added services to their clients and also presents a significant upsell opportunity for MiX. Headwinds Pandemic Supply issues Inflation Russia Customer slip Currencies FY21 was the only year of subscriber contraction (minus 73.8K) due to the pandemic but the pandemic has generated a host of additional issues like supply chain bottlenecks and rising costs. Supply chain issues at customers keep backlog high and the company has pre-emptively started to buy critical parts in order to deal with supplier price gouging and scarcity. A new customer from South Africa was expected to start generating revenues in Q1 but this now has moved to Q2. There is also a significant currency headwind, especially as most new subscribers (23.2M in Q1) came from South Africa where the rand tumbled 10% against the US dollar and the currency problems are general as the US dollar has strengthened against most world currencies. The currency headwinds alone shaved $10M+ from net income in Q1. Then there is Russia as MiX withdrew from the country which declined ARR by $200K, which is a pity as this was a high ARPU customer. The company is also facing increased costs but long-term contracts prevent immediate cost pass-through (in South Africa, which is a main market for the company, contracts are indexed so they are relatively safe from inflation). There was also a huge flooding in South Africa which totaled 400 cars of a customer, delaying some revenue streams. Growth The company has a huge market opportunity as the telematics industry is still in the early innings: MIXT IR presentation While the company is now over the pandemic dip: YCharts But the company has been doing reasonably well the last couple of quarters with 20K+ subscriber wins in each of the last three quarters. The company had a total of 838.3K subscribers at the end of Q1/21 adding 11% or 23.2K subscribers in Q1 (y/y). Total revenue came in at $35.1M (of which subscription revenues at $31M), representing constant currency increases of 7.3% and 6.3% respectively. ARR was $123.2M, up 1% q/q and 7% y/y on a constant currency basis. There were quite a few new customer wins in Q1: MIXT IR presentation
Seeking Alpha • Aug 31

MiX Telematics wins a 5-year contract in Australia

MiX Telematics (NYSE:MIXT) announced that MiX Telematics Australasia has won a contract for power provider, Horizon Power, in Western Australia. The company will provide a solution to improve driver behaviour with sophisticated video telematics and driver engagement tools. Horizon Power's 130-strong fleet of vehicles will be fitted with a range of safety and efficiency promoting solutions from MiX, all of which will work synergistically to provide cutting-edge actionable intelligence to develop and improve key metrics across the company. "We're very pleased that such a reputable power provider is entrusting MiX to deliver actionable information to improve driver safety, efficiency, and compliance. We look forward to working with Horizon Power well into the future to help make their fleet and drivers safer," remarks Managing Director for MiX Telematics Australasia, Brodie von Berg.
Seeking Alpha • Aug 25

MiX Telematics to acquire Trimble's field service management business

MiX Telematics (NYSE:MIXT) has signed a deal to acquire Trimble's (NASDAQ:TRMB) Field Service Management business, announced the fleet management solution company on Thursday. Financial terms of the deal were not disclosed. The acquisition will be immediately accretive to MiX (MIXT) and bring over 40,000 members to its subscriber base. Trimble's FSM business has been reported as part of the Trimble Transportation segment. The sale will not have a material financial impact on the segment or Trimble's overall financial results. Commenting on the deal, MiX Telematics CEO Stefan Joselowitz said, "The MiX and Trimble Field Service Management teams are working very closely together to ensure a seamless transition. The combination adds significant scale to our North American telematics subscriber base while diversifying that business into additional industry verticals. North America is a strategic priority for MiX, and we are well positioned to pursue M&A opportunities to bolster our regional organic growth investment."
Seeking Alpha • Aug 17

MiX Telematics goes ex dividend tomorrow

MiX Telematics (NYSE:MIXT) declares $0.06/share quarterly dividend, -3.2% decrease from prior dividend of $0.06. Forward yield 2.95% Payable Sept. 1; for shareholders of record Aug. 19; ex-div Aug. 18. See MIXT Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jul 28

MiX Telematics GAAP EPS of $0.00 misses by $0.08, revenue of $35.1M misses by $0.91M

MiX Telematics press release (NYSE:MIXT): Q1 GAAP EPS of $0.00 misses by $0.08. Revenue of $35.1M (+0.6% Y/Y) misses by $0.91M. Subscription Revenues: Subscription revenues were $31.0 million, compared to $31.1 million for the first quarter of fiscal year 2022. Income From Operations: Income from operations was $2.4 million, compared to $4.3 million for the first quarter of fiscal year 2022. Operating income margin was 6.9%, compared to 12.4% for the first quarter of fiscal year 2022. Operating expenses of $19.3 million increased by $0.8 million, or 4.3%, compared to the first quarter of fiscal year 2022.
Seeking Alpha • May 10

MiX Telematics: Dividend May Come Under Pressure Shortly

Shares seem to undergo a descending triangle (bearish). Earnings Estimates continue to come in significantly. The stock's high payout ratio means the company needs growth and fast.
Seeking Alpha • Aug 12

MiX Telematics Showing Continued Strength Of Their Solutions

Despite a slowdown from COVID, MiX's track record of growth coupled with their growing bundled solution suggest reasonable upside ahead. Given their cash flow dynamics, management's demonstrated competence at capital allocation, and the contractual nature of demand, the downside is seemingly protected at these levels. With high incremental margins on top of HSD%+ expected top-line growth, MiX's current valuation of under 8x EBITDA ($14.3/share) provides a favorable risk/reward with 3-year upside of $20+ per share.

Kazanç ve Gelir Büyüme Tahminleri

NYSE:MIXT - Analistlerin gelecek tahminleri ve geçmiş finansal verileri (USD Millions )
TarihGelirKazançlarSerbest Nakit AkışıFaaliyetlerden NakitAvg. Analist Sayısı
3/31/20261681514372
3/31/20251581312352
3/31/202415165272
12/31/20231506023N/A
9/30/202314971134N/A
6/30/20231465428N/A
3/31/20231455-322N/A
12/31/20221446-918N/A
9/30/20221434-1710N/A
6/30/20221436-1514N/A
3/31/20221439-719N/A
12/31/20211428122N/A
9/30/2021139141128N/A
6/30/2021134162334N/A
3/31/2021127153039N/A
12/31/202012992837N/A
9/30/202013192134N/A
6/30/202013781432N/A
3/31/202014611828N/A
12/31/201914819929N/A
9/30/2019154191333N/A
6/30/2019148191736N/A
3/31/2019144151231N/A
12/31/2018133131132N/A
9/30/201813114831N/A
6/30/201812912226N/A
3/31/201813214126N/A
12/31/201713312129N/A
9/30/20171199N/A26N/A
6/30/20171209N/A24N/A
3/31/20171159N/A24N/A
12/31/20161128N/A22N/A
9/30/20161109N/A17N/A
6/30/201610212N/A16N/A
3/31/201610012N/A16N/A
12/31/20159414N/A14N/A
9/30/201510314N/A19N/A
6/30/201511614N/A20N/A
3/31/201511412N/A18N/A
12/31/201411913N/A18N/A
9/30/201411714N/A18N/A
6/30/201412213N/A17N/A
3/31/201412114N/A19N/A
12/31/201311714N/A20N/A
9/30/201312113N/A23N/A
6/30/201312013N/A22N/A
3/31/201312714N/A23N/A

Analist Gelecek Büyüme Tahminleri

Kazançlar ve Tasarruf Oranları: MIXT 'nin tahmini kazanç büyümesi (yıllık 46.5% ) tasarruf oranının ( 2.3% ) üzerindedir.

Kazançlar ve Piyasa: MIXT şirketinin kazançlarının (yıllık 46.5% ) US pazarından (yıllık 16.7% ) daha hızlı büyümesi öngörülüyor.

Yüksek Büyüme Kazançları: MIXT şirketinin kazançlarının önümüzdeki 3 yıl içerisinde önemli ölçüde artması bekleniyor.

Gelir ve Pazar: MIXT şirketinin gelirinin (yıllık 5.2% ) US pazarından (yıllık 11.6% ) daha yavaş büyümesi öngörülüyor.

Yüksek Büyüme Geliri: MIXT şirketinin gelirinin (yıllık 5.2% ) yıllık 20% oranından daha yavaş büyümesi öngörülüyor.

Hisse Başına Kazanç Büyüme Tahminleri

Gelecekteki Özkaynak Getirisi

Gelecekteki ROE: MIXT 'un Özsermaye Getirisi'nin 3 yıl içinde yüksek olmasının öngörülüp öngörülmediğini belirlemek için yeterli veri yok

Büyüyen şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2024/03/26 15:15
Gün Sonu Hisse Fiyatı2024/03/26 00:00
Kazançlar2023/12/31
Yıllık Kazançlar2023/03/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

PowerFleet, Inc. 4 Bu analistlerden 2, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Thomas WalkleyCanaccord Genuity
Brian SchwartzOppenheimer & Co. Inc.
Brian PetersonRaymond James & Associates