init innovation in traffic systems SE
XETRA:IXX

Watchlist Manager
init innovation in traffic systems SE Logo
init innovation in traffic systems SE
XETRA:IXX
Watchlist
Price: 47.6 EUR 1.71% Market Closed
Market Cap: 477.9m EUR

Relative Value

The Relative Value of one IXX stock under the Base Case scenario is 67.77 EUR. Compared to the current market price of 47.6 EUR, init innovation in traffic systems SE is Undervalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IXX Relative Value
Base Case
67.77 EUR
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
42
vs Industry
55
Median 3Y
1.5
Median 5Y
1.5
Industry
2.4
Forward
1.3
vs History
9
vs Industry
27
Median 3Y
20.9
Median 5Y
22.3
Industry
22.3
Forward
21.8
vs History
69
vs Industry
28
Median 3Y
18
Median 5Y
18.8
Industry
16
vs History
6
vs Industry
30
Median 3Y
20
Median 5Y
17.7
Industry
20.9
vs History
15
vs Industry
35
Median 3Y
2.9
Median 5Y
3
Industry
3
vs History
57
vs Industry
50
Median 3Y
1.5
Median 5Y
1.6
Industry
2.4
Forward
1.4
vs History
58
vs Industry
42
Median 3Y
4
Median 5Y
4.2
Industry
4.9
vs History
47
vs Industry
33
Median 3Y
10.2
Median 5Y
10.2
Industry
12.2
Forward
9.6
vs History
47
vs Industry
27
Median 3Y
15.7
Median 5Y
16.1
Industry
15.9
Forward
14.4
vs History
69
vs Industry
26
Median 3Y
18.8
Median 5Y
19.3
Industry
14.7
vs History
34
vs Industry
2
Median 3Y
20.5
Median 5Y
24.4
Industry
17.4
vs History
23
vs Industry
52
Median 3Y
1.5
Median 5Y
1.5
Industry
2.4

Multiples Across Competitors

IXX Competitors Multiples
init innovation in traffic systems SE Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
init innovation in traffic systems SE
XETRA:IXX
470.1m EUR 1.5 28.2 10.4 16.4
US
Microsoft Corp
NASDAQ:MSFT
3.5T USD 11.6 32.6 19.6 25.3
US
Oracle Corp
NYSE:ORCL
567.5B USD 9.3 36.1 24.6 33.6
US
ServiceNow Inc
NYSE:NOW
143.5B USD 11.3 80.7 57.3 79.5
US
Palo Alto Networks Inc
NASDAQ:PANW
130B USD 13.6 116.9 77.9 99.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
119B USD 26.1 -369.7 -2 069.5 -362.6
US
VMware Inc
XETRA:BZF1
58B EUR 5 47.3 21.8 36.8
US
Fortinet Inc
NASDAQ:FTNT
57.1B USD 8.7 30.3 25.1 26.9
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 143.8 744.2 269 376.8
US
Zscaler Inc
NASDAQ:ZS
35B USD 12.4 -832.5 12 613.6 -248.9
IL
Cyberark Software Ltd
NASDAQ:CYBR
23.3B USD 17.8 -102.7 -2 120.7 -166.7
P/E Multiple
Earnings Growth PEG
DE
init innovation in traffic systems SE
XETRA:IXX
Average P/E: 139.5
28.2
31%
0.9
US
Microsoft Corp
NASDAQ:MSFT
32.6
18%
1.8
US
Oracle Corp
NYSE:ORCL
36.1
36%
1
US
ServiceNow Inc
NYSE:NOW
80.7
-10%
N/A
US
Palo Alto Networks Inc
NASDAQ:PANW
116.9
46%
2.5
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -369.7 N/A N/A
US
V
VMware Inc
XETRA:BZF1
47.3
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
30.3
12%
2.5
US
Xperi Holding Corp
LSE:0M2A
744.2
38%
19.6
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -832.5 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -102.7 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
init innovation in traffic systems SE
XETRA:IXX
Average EV/EBITDA: 1 457.7
10.4
20%
0.5
US
Microsoft Corp
NASDAQ:MSFT
19.6
20%
1
US
Oracle Corp
NYSE:ORCL
24.6
43%
0.6
US
ServiceNow Inc
NYSE:NOW
57.3
53%
1.1
US
Palo Alto Networks Inc
NASDAQ:PANW
77.9
41%
1.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -2 069.5
184%
N/A
US
V
VMware Inc
XETRA:BZF1
21.8
19%
1.1
US
Fortinet Inc
NASDAQ:FTNT
25.1
17%
1.5
US
Xperi Holding Corp
LSE:0M2A
269
8%
33.6
US
Zscaler Inc
NASDAQ:ZS
12 613.6
N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -2 120.7 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
init innovation in traffic systems SE
XETRA:IXX
Average EV/EBIT: 86.8
16.4
26%
0.6
US
Microsoft Corp
NASDAQ:MSFT
25.3
17%
1.5
US
Oracle Corp
NYSE:ORCL
33.6
38%
0.9
US
ServiceNow Inc
NYSE:NOW
79.5
65%
1.2
US
Palo Alto Networks Inc
NASDAQ:PANW
99.4
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -362.6 N/A N/A
US
V
VMware Inc
XETRA:BZF1
36.8
30%
1.2
US
Fortinet Inc
NASDAQ:FTNT
26.9
17%
1.6
US
Xperi Holding Corp
LSE:0M2A
376.8
25%
15.1
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -248.9 N/A N/A
IL
Cyberark Software Ltd
NASDAQ:CYBR
Negative Multiple: -166.7 N/A N/A