init innovation in traffic systems SE
XETRA:IXX

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init innovation in traffic systems SE Logo
init innovation in traffic systems SE
XETRA:IXX
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Price: 37.8 EUR -0.26% Market Closed
Market Cap: 379.5m EUR
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Relative Value

The Relative Value of one IXX stock under the Base Case scenario is 64.49 EUR. Compared to the current market price of 37.8 EUR, init innovation in traffic systems SE is Undervalued by 41%.

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
64.49 EUR
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
55
Median 3Y
1.4
Median 5Y
1.5
Industry
2.5
Forward
1.2
vs History
20
vs Industry
27
Median 3Y
20.2
Median 5Y
22.2
Industry
23.1
Forward
18.7
vs History
49
vs Industry
28
Median 3Y
21.3
Median 5Y
19.9
Industry
17.4
vs History
vs Industry
30
Median 3Y
14.7
Median 5Y
15.6
Industry
21.7
vs History
57
vs Industry
35
Median 3Y
2.7
Median 5Y
2.9
Industry
3
vs History
80
vs Industry
50
Median 3Y
1.5
Median 5Y
1.6
Industry
2.5
Forward
1.3
vs History
76
vs Industry
42
Median 3Y
4
Median 5Y
4.2
Industry
5
vs History
71
vs Industry
33
Median 3Y
9.9
Median 5Y
10.2
Industry
12.7
Forward
8.4
vs History
55
vs Industry
27
Median 3Y
15.5
Median 5Y
15.9
Industry
16.4
Forward
12.4
vs History
46
vs Industry
26
Median 3Y
22.8
Median 5Y
20.4
Industry
15.8
vs History
vs Industry
2
Median 3Y
17.5
Median 5Y
19.8
Industry
19
vs History
79
vs Industry
52
Median 3Y
1.4
Median 5Y
1.5
Industry
2.5

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
373.3m EUR 1.3 25.5 9.8 15.6
US
Microsoft Corp
NASDAQ:MSFT
3.7T USD 13.9 38.7 24.7 30.6
US
Oracle Corp
NYSE:ORCL
647.2B USD 11.3 52 29.8 40
US
ServiceNow Inc
NYSE:NOW
194.5B USD 17 126.5 91.2 127.7
US
Palo Alto Networks Inc
NASDAQ:PANW
124.7B USD 14.1 100.8 92 123.4
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
118.6B USD 28.7 -688.3 4 702.2 -559.8
US
Fortinet Inc
NASDAQ:FTNT
76.2B USD 12.4 40.5 34.7 37
US
VMware Inc
XETRA:BZF1
58B EUR 5 47.5 21.9 37
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 143.6 723 258.7 369.6
US
Zscaler Inc
NASDAQ:ZS
45.2B USD 17.8 -1 166.3 -3 635.8 -352.1
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
23.4B USD 9 27.4 22.7 25
P/E Multiple
Earnings Growth PEG
DE
init innovation in traffic systems SE
XETRA:IXX
Average P/E: 131.3
25.5
30%
0.9
US
Microsoft Corp
NASDAQ:MSFT
38.7
15%
2.6
US
Oracle Corp
NYSE:ORCL
52
32%
1.6
US
ServiceNow Inc
NYSE:NOW
126.5
52%
2.4
US
Palo Alto Networks Inc
NASDAQ:PANW
100.8
4%
25.2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -688.3 N/A N/A
US
Fortinet Inc
NASDAQ:FTNT
40.5
14%
2.9
US
V
VMware Inc
XETRA:BZF1
47.5
39%
1.2
US
Xperi Holding Corp
LSE:0M2A
723
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -1 166.3 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
27.4
17%
1.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
init innovation in traffic systems SE
XETRA:IXX
Average EV/EBITDA: 528.8
9.8
19%
0.5
US
Microsoft Corp
NASDAQ:MSFT
24.7
17%
1.5
US
Oracle Corp
NYSE:ORCL
29.8
29%
1
US
ServiceNow Inc
NYSE:NOW
91.2
53%
1.7
US
Palo Alto Networks Inc
NASDAQ:PANW
92
49%
1.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
4 702.2
181%
26
US
Fortinet Inc
NASDAQ:FTNT
34.7
17%
2
US
V
VMware Inc
XETRA:BZF1
21.9
19%
1.2
US
Xperi Holding Corp
LSE:0M2A
258.7
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -3 635.8 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
22.7
12%
1.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
init innovation in traffic systems SE
XETRA:IXX
Average EV/EBIT: 89.5
15.6
25%
0.6
US
Microsoft Corp
NASDAQ:MSFT
30.6
15%
2
US
Oracle Corp
NYSE:ORCL
40
31%
1.3
US
ServiceNow Inc
NYSE:NOW
127.7
64%
2
US
Palo Alto Networks Inc
NASDAQ:PANW
123.4
60%
2.1
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -559.8 N/A N/A
US
Fortinet Inc
NASDAQ:FTNT
37
17%
2.2
US
V
VMware Inc
XETRA:BZF1
37
30%
1.2
US
Xperi Holding Corp
LSE:0M2A
369.6
N/A N/A
US
Zscaler Inc
NASDAQ:ZS
Negative Multiple: -352.1 N/A N/A
IL
Check Point Software Technologies Ltd
NASDAQ:CHKP
25
15%
1.7