INIT Innovation in traffic systems SE/€IXX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About INIT Innovation in traffic systems SE
init innovation in traffic systems SE operates in the intelligent transportation systems industry, providing hardware and software solutions that optimize traffic flow and public transport efficiency. The company's offerings include advanced traffic management systems, electronic fare collection, and passenger information systems. Founded in 1983, init is headquartered in Karlsruhe, Germany, and serves clients globally, particularly focusing on urban areas seeking to improve transportation infrastructure. The company distinguishes itself through its integrated platform that combines real-time data analytics with operational support, enabling transit authorities to enhance service reliability and customer satisfaction.
- Ticker
- €IXX
- Sector
- Software & Cloud Services
- Primary listing
- XETRA
- Employees
- 1,529
- Headquarters
- Karlsruhe, Germany
- Website
- www.initse.com
IXX Metrics
BasicAdvanced
€373M
15.93
€2.17
1.47
€0.90
2.31%
Price and volume
Market cap
€373M
Beta
1.47
52-week high
€54.90
52-week low
€33.00
Average daily volume
17K
Dividend rate
€0.90
Financial strength
Current ratio
1.715
Quick ratio
1.316
Long term debt to equity
0.238
Total debt to equity
0.529
Dividend payout ratio (TTM)
41.47%
Interest coverage (TTM)
9.33%
Profitability
EBITDA (TTM)
48.555
Gross margin (TTM)
34.22%
Net profit margin (TTM)
5.56%
Operating margin (TTM)
9.86%
Effective tax rate (TTM)
38.13%
Revenue per employee (TTM)
€250,000
Management effectiveness
Return on assets (TTM)
6.79%
Return on equity (TTM)
13.74%
Valuation
Price to earnings (TTM)
15.929
Price to revenue (TTM)
0.885
Price to book
1.99
Price to tangible book (TTM)
3.16
Price to free cash flow (TTM)
16.723
Free cash flow yield (TTM)
5.98%
Free cash flow per share (TTM)
2.068
Dividend yield (TTM)
2.60%
Forward dividend yield
2.31%
Growth
Revenue change (TTM)
32.73%
Earnings per share change (TTM)
47.69%
3-year revenue growth (CAGR)
24.76%
10-year revenue growth (CAGR)
14.55%
3-year earnings per share growth (CAGR)
10.43%
10-year earnings per share growth (CAGR)
13.08%
3-year dividend per share growth (CAGR)
10.06%
10-year dividend per share growth (CAGR)
14.87%
What the Analysts think about IXX
Analyst ratings (Buy, Hold, Sell) for INIT Innovation in traffic systems SE stock.
Analyst projections of the future price of INIT Innovation in traffic systems SE stock.
Bulls say / Bears say
First-half revenue rose 42% to more than €200 million and EBIT almost doubled, showing strong growth and improved earnings before the later third-quarter slowdown. (Deutsche Börse)
Order intake jumped 74% in the first half and the order book reached €408 million, supporting future revenue visibility. (Deutsche Börse)
INIT won the Sydney Opal ticketing contract, worth about €376 million across design, installation and ten years of operation, creating a substantial long-term project opportunity. (Webdisclosure)
INIT cut its 2026 EBIT forecast to €33–37 million from €38–42 million after third-quarter EBIT fell to €1.6 million from €8.7 million a year earlier. (EQS News)
Management cited weaker demand for high-margin additional orders and tighter availability of third-party materials, putting pressure on earnings and project delivery. (EQS News)
Operating cash flow was only €6.7 million after nine months, versus €33.3 million a year earlier, leaving the company reliant on a strong fourth quarter to meet its unchanged cash-flow forecast. (EQS News)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2026.
IXX Financial Performance
Revenues and expenses
IXX Earnings Performance
Company profitability
Upcoming events
No upcoming events
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.