Stock · IXX.DE · Technology
Germany · Small Cap · Revenue 12 mo. €388.8M
Price as of 11/06/2026
init innovation in traffic systems SE, together with its subsidiaries, engages in the provision of intelligent transportation systems solutions for public transportation in Germany and internationally.
init innovation in traffic systems SE, together with its subsidiaries, engages in the provision of intelligent transportation systems solutions for public transportation in Germany and internationally. It offers mobility and electromobility; planning and dispatching, ticketing and fare management, analyzing and optimizing, and operations control and real-time passenger information solutions. The company was founded in 1983 and is headquartered in Karlsruhe, Germany.
Original text from the data provider
Summary
49.5 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €30M (2025), it supports €333.7M. The remaining €26.5M of the market value assume it grows 1.1% a year for 10 years and not at all afterwards.
Required FCF growth per year
1.1%
no growth afterwards
Price to operating cash flow 9.3×, below its usual range.
Middle half of 20 quarters: 11.1× to 29.6×, median 19.4×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
No anomaly in the stored figures.
Since the last quarter
Q1 → Q2 2026
3 more unchanged: EBIT margin, FCF margin, Shares outstanding
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 13.88% | 14.60% | Rank 47 |
| Return on capital (Greenblatt) | 23.52% | 29.77% | Rank 43 |
| EBIT margin | 9.40% | 17.40% | Rank 30 |
| FCF margin | 9.11% | 18.54% | Rank 27 |
| Gross margin | 35.04% | 48.47% | Rank 24 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 24.09% | 12.70% | Rank 78 |
| Earnings growth, 3 years per year | 5.81% | 9.54% | Rank 38 |
| Earnings growth, 5 years per year | 5.64% | 14.07% | Rank 24 |
| Sustainable growth (ROE × retained earnings) | 5.69% | 2.87% | Rank 68 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 5.99% | 2.64% | Rank 85 |
| FCF yield | 8.34% | 3.06% | Rank 88 |
| EV/saleslower is better | 1.27 | 5.18 | Rank 90 |
| EV/EBITlower is better | 13.54 | 26.24 | Rank 84 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −36.06% | −0.59% | Rank 13 |
| Share price, 6 months | −38.50% | −4.46% | Rank 12 |
| Share price, 3 months | −24.76% | −5.84% | Rank 23 |
| Distance from 52-week high | −39.32% | −33.23% | Rank 38 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | −3.24% | 1.65% | Rank 79 |
| Change in share countlower is better | 0.64% | −0.17% | Rank 26 |
| Dividend streak in years | 6 | 8 | Rank 63 |
| Price reaction to results, market-adjusted | 2.01% | −1.57% | Rank 68 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 45.32% | 53.98% | Rank 37 |
| Net debt/EBITDAlower is better | 1.24 | −0.20 | Rank 20 |
| Debt to equitylower is better | 0.60 | 0.33 | Rank 27 |
| Volatility, 1 yearlower is better | 33.20% | 50.37% | Rank 90 |
Ten years in figures
| Year | Revenue, €M | EBIT margin | FCF, €M | Shares | Net debt, €M |
|---|---|---|---|---|---|
| 2016 | 108.6 | 5.2% | 5.2 | 9.96M | 11.4 |
| 2017 | 130.6 | 7.7% | −7.7 | 9.99M | 22.4 |
| 2018 | 135.7 | 6.7% | 10.0 | 10.0M | 15.2 |
| 2019 | 156.5 | 10.0% | 15.5 | 10.0M | 16.5 |
| 2020 | 180.7 | 9.1% | 17.3 | 9.96M | 22.3 |
| 2021 | 176.7 | 7.4% | 12.3 | 9.94M | 16.8 |
| 2022 | 191.3 | 9.7% | 14.4 | 9.93M | 22.5 |
| 2023 | 210.8 | 9.7% | −4.3 | 9.88M | 42.0 |
| 2024 | 265.7 | 8.7% | 4.2 | 9.87M | 80.1 |
| 2025 | 329.7 | 9.4% | 30.0 | 9.93M | 59.4 |
2 of 7 StockScorer Score rules met · How the score is built
init innovation in traffic systems SE mainly meets criteria in the Valuation category. Result from 18 strategies checked.
init innovation in traffic systems SE is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
2 of 7 rules met
4 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for init innovation in traffic systems SE.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 16.7 | 35.1 |
| P/B ratio | 2.3 | 5.5 |
| Return on equity (ROE) | 13.9% | 14.6% |
| Equity ratio | 45.3% | 54.0% |
| Debt-to-equity (D/E) | 0.60 | 0.33 |
| Dividend yield | 2.7% | 0.9% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| IXX.DE | init innovation in traffic systems SEthis page | |
| COK.DE | Cancom SE | Low1.8 |
| GFT.DE | GFT Technologies SE | Low4.5 |
| NA9.DE | Nagarro SE | Medium5.5 |
| IOS.DE | IONOS GROUP N | locked |
| BC8.DE | Bechtle AG | locked |
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