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← CockpitCompetitor Analysis › IXX.DE init innovation in traffic systems SEOpen in the cockpit ↗

init innovation in traffic systems SEIXX.DECompetitor analysis, valuation and peers

Germany · EUR·Information Technology›Information Technology Services
Momentum laggard 3
Mkt cap
$404M
US dollars, full cap
Free float
59%
of shares outstanding
$/day
$841,129
20-day average traded
Fwd P/E
16.3×
forward earnings
ROIC−WACC
+4.3 pp
WACC 8.4%
Hurdle
-12 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · EUR€32.95
1D+3.1%
1W-20.6%
1M-23.9%
3M-29.7%
6M-37.0%
YTD-29.4%
1Y-23.4%
ATR %5.9%
52w lowhigh40.3% off high

What init innovation in traffic systems does

No business profile yet.

init innovation in traffic systems at a glance

Size init innovation in traffic systems (IXX.DE) is a Germany Information Technology company (Information Technology Services) with a market value of $404M, the 185th largest of 205 Germany companies the cockpit tracks. Shares closed at €32.95 on 6 Nov 2026.

Performance Over six months the shares fell 37.0%, against -11.4% for the median peer and +2.6% for the Germany market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 32.7% over the last twelve months (peer median +8.2%); the operating margin is 9.5% (peer median 7.5%).

Valuation It trades at 16.3× forward earnings against a peer median of 20.9× (6th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -12 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 4.3 points above its cost of capital (8.4% WACC).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 89IXX.DE 62
Six months, rebased to 100: init innovation in traffic systems against the median of its 20 peers (local-currency closes).

init innovation in traffic systems financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€389M€330M€266M€211M€191M
Revenue growth—+24%+26%+10%—
Gross profit€133M€116M€91.6M€74.8M€70.2M
EBITDA€54.9M€47.7M€37.2M€29.1M€28.7M
Net income€21.6M€19.6M€15.5M€15.2M€16.5M
Free cash flow€32.1M€44.4M€4.21M€4.14M€20.1M
Capital expenditure€14.9M€18.8M€18.1M€12.5M€9.97M
Total debt€98.7M€84.7M€98.6M€69.3M€62.5M

Quarterly statements and history in the cockpit →

init innovation in traffic systems competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%-10%0%+10%688292300051CARL00224836618157CINT215868850096924431CMP3005783012084832ALCTLSSWP6885903854IXX.DE6-month return →1-month return →
Up and to the right = strong over both horizons. init innovation in traffic systems is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×50×100×3000513661CINT21589692CMP300578TLS6885903854IXX.DERevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. init innovation in traffic systems is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%00224836618157CINT215896924431CMP4832TLSSWP3854IXX.DEGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. init innovation in traffic systems is the large dot.

init innovation in traffic systems competitors and peer comparison

How init innovation in traffic systems compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

init innovation in traffic systems against its 20 peers (data as of 6 Nov 2026)
MeasureIXX.DEPeer medianRank in peer set
1-month return-23.9%-5.3%lowest of 21
6-month return-37.0%-11.4%4th lowest of 21
Distance from 52-week high-40.3%-33.0%11th highest of 21
Revenue growth (TTM)+32.7%+8.2%4th highest of 21
Operating margin9.5%7.5%8th highest of 21
Forward P/E16.3×20.9×6th cheapest of 13
Growth the price implies (Req g, 7 yrs)1.1%-3.8%4th most demanding of 13
Growth delivered (Del g)+12.8%+8.1%4th highest of 13
Hurdle (Req g minus delivered)-11.7 pp-16.1 pp7th least demanding of 13
ROIC minus cost of capital+4.3 pp-0.8 pp9th highest of 19
EV / EBITDA6.9×8.5×4th cheapest of 9
Net debt / EBITDA0.3×-1.5×4th most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
init innovation in traffic systems IXX.DEGermany$404M-37%+33%10%16.3×1.1%+12.8%
Beijing Haohan Data Technology 688292.SSChina$408M-23%+6%-12%n/an/an/a
Lians Technology 300051.SZChina$399M-57%-50%-114%7.6×n/an/a
Carlsmed CARLUnited States$396M+48%+65%-61%n/an/an/a
Weihai Huadong Automation 002248.SZChina$396M-34%+1%8%n/a36.8%+10.1%
m-up 3661.TJapan$413M+24%+22%16%19.3×-7.5%+20.8%
Tsuzuki Denki 8157.TJapan$395M+9%+8%7%n/a-9.2%-2.9%
CI&T CINTUnited States$394M-21%+20%11%7.6×-4.4%+21.4%
Yidu Tech 2158.HKHong Kong$392M-53%+17%-11%30.6×2.9%-1.9%
HCR 688500.SSChina$391M-28%+5%-17%n/an/an/a
Computer Engineering & Consulting 9692.TJapan$420M+5%+18%11%10.6×-18.5%+6.5%
Smaregi 4431.TJapan$421M+42%+21%26%22.4×-3.2%+32.0%
Comp CMP.WAPoland$427M+64%+7%11%22.5×6.0%+3.3%
BizConf Technology 300578.SZChina$373M-41%-3%-13%97.8×n/an/a
ChinaEtek Service and Technology 301208.SZChina$369M-25%+47%3%n/an/an/a
JFE Systems 4832.TJapan$369M-2%-14%11%n/a-19.0%+4.3%
Altia Consultores ALC.MCSpain$444M-17%+23%8%n/an/an/a
Telos TLSUnited States$360M+8%+66%-2%38.1×-2.3%-1.7%
Sword SWP.PAFrance$360M+4%+8%9%12.0×-0.1%+11.0%
Shanghai Newtouch Software 688590.SSChina$454M-28%+5%-7%134.5×n/an/a
I'LL 3854.TJapan$357M-6%+8%27%15.5×-11.5%+9.6%

Questions

Which companies are init innovation in traffic systems's closest peers?
The cockpit's peer set: Beijing Haohan Data Technology (688292.SS), Lians Technology (300051.SZ), Carlsmed (CARL), Weihai Huadong Automation (002248.SZ), m-up (3661.T), Tsuzuki Denki (8157.T), CI&T (CINT), Yidu Tech (2158.HK).
Is init innovation in traffic systems expensive compared with its peers?
On forward p/e it trades at 16.3× against a peer median of 20.9×, 6th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -12 pp: the price already allows for a slowdown.
How has init innovation in traffic systems stock performed?
Over six months to 6 Nov 2026 the shares returned -37.0% against -11.4% for the median peer; over one year -23.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.