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RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
International Money Express, Inc. (XNAS:IMXI) In-Depth Stock/Fundamental/Options Analysis Today
Primary Facts
IMXI
Name:
INTERNATIONAL MONEY EXPRESS, INC. (XNAS:IMXI)
Sector:
28.97M
Industry:
Software�Infrastructure
CEO:
Mr. Robert Lisy
Total Employees:
674
Our Technological Advancement Rating
Our Rating:
D
Technological advancement compared to industry is -286.18% lower
ANALYSIS OF ALL CRITICAL FACTORS & RISKS RELATED TO THE STOCK & FUNDAMENTAL/LONG-TERM ANALYSIS OF INTERNATIONAL MONEY EXPRESS, INC.(IMXI) AS PER DATA ANALYSIS OF LAST 3 YEARS AND COMPARISON WITH COMPETITORS/PEERS, AND SOFTWARE�INFRASTRUCTURE INDUSTRY. DATE: 07/09/2022
Primary Targets/Price Insights
Previous Close ($) :
22.2
One Month Price Target:
$22.28
Six Month Price Target :
$22.65
Likely Price in One Year's Time:
Ticker:
$23.1
Likely Trading Range Today Under (Normal Volatility)
$22.12
Price Upper limit ($) :
$22.34
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
$20.9
This week:
$19.28
This month :
$16.37
Other Primary facts
Market Cap:
852.57M
Market Cap Classification:
Small Cap
Number of Shares
IPO Date:
37.88M
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
23.76%
-12.36%
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$28.25
$25.43
$16.15
$18.97
Medium risk (<10%) entry points
Buy Call
Sell Call
$24.52
Buy Put:
Sell Put:
$23.92
$19.87
$20.48
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
IMXI
Sharpe Ratio:
3.97%
Comparison:
IMXI, is amongst the top 20% stocks with highest risk-adjusted returns
Sharpe ratio is 143.07% higher than the industry
& ratio is 74.36% higher than the market/S&P 500 average
Average Returns/Yield of
IMXI
Daily returns:
0.12%
Weekly returns:
0.62%
Monthly returns:
2.50%
Yearly returns:
14.38%
Comparison of returns:
Average annual returns/yield (last 3 years) is 108.49% above industry average
Classification:
IMXI, is amongst the top 20% highest yielding stocks in terms of daily returns
Results of T-Test of Returns:
0.42
Statistical test of Returns:
IMXI has yielded returns statistically similar to the market
Volatility (measured by Standard Deviation)
Daily Volatility:
2.92%
Weekly Volatility:
6.53%
Monthly Volatility:
13.06%
Yearly Volatility:
45.26%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
1.43%
Volatility in last five trading days has been -51.21% below long-term volatility
Value at Risk Analysis (VaR)
Daily VaR:
-5.87%
Weekly VaR:
-13.14%
Monthly VaR:
-26.27%
How Much Can the price of
IMXI
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
-22%
Worst case (decline):
-91.01%
This translates to price declining to:
$17.36
This translates to price declining to:
$2.00
Severe Crash Probability
Risk of crash in next 6/12 months: Very high (>70%)
What is Value at Risk (VaR)?
Risk Fundamentals
IMXI is a 85.43% riskier investment compared to the market/S&P 500 & is 58.86% riskier than Nasdaq (IXIC)
Risk (measured by volatility) is -12.32% below industry average
Overall, it is amongst the top 50% most risky stocks
Beta Examination of
IMXI
Beta in relation to market/S&P 500--0.61
Expected beta in 1 year's time:
0.493
Expected beta in 3 year's time:
0.698
Unlevered (debt free) Beta:
0.434
Beta in relation to Nasdaq (XNAS):
0.652
Beta in relation to all global stocks::
0.564
Beta Comparison & Analysis
Beta of competitors/peers::
1.908
Beta is -68.27% lower than peers
Average Industry Beta:
1.112
Beta is -45.54% below industry average
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
38.23%
Sustainable growth rate is -89.66% below industry average
Alpha provided | Alpha Analysis
Alpha provided:
0.227
Alpha is 527.18% above industry average alpha yield
Alpha is 1444% higher than market/& is unsustainably high
Analysis of Cost of Capital of
IMXI
Equity cost of capital:
0.073
Equity cost of capital is -32.22% below industry mean WACC
Unlevered (without debt) cost of capital:
5.24%
Before-tax cost of debt:
4.76%
After-tax cost of debt:
3.76%
Overall debt rating:
Lower BB medium grade (Fifth highest grade)
Weighted average cost of capital (WACC):
3.76%
WACC is -14.86% below industry mean WACC
Key Per-Share Metrics & Analysis
Revenue per share:
$12.65
Revenue growth rate per share of (3Y):
5.51
Annual revenue growth rate is -83.23% below industry average
EPS:
$1.27
Expected Annual growth rate of EPS (3Y):
32.15%
Expected future EPS growth rate is 6.71% higher than the Software�Infrastructure industry
Free cash flow (FCF) per share:
$3.21
-
-
Debt per share
$2.16
EBITDA per share
$2.13
Valuation Analysis Today of
IMXI
P/E Ratio:
16.65
P/E Ratio of Competitors/Peers:
398.78
P/E ratio is -95.82% lower than main peers & is -74.47% lower than the industry
Stock price/value with industry average P/E ratio: $82.85
IMXI is -73.20% undervalued if valued using industry average P/E ratio
-
-
P/S (Price to Sales ratio):
1.75
Price to sales ratio is -84.03% below the industry mean
P/B (Price to book value ratio):
5.51
Price to free cash flow: 6.92
Price to free cash flow ratio is -41.72% lower than the industry
Net income growth rate (3Y):
-532.87%
Net income growth rate is -106.28% lower than the industry average net income growth rate
Dividend Analysis
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Dividend History:
--$0.00
--$0.00
--$0.00
--$0.00
--$0.00
--$0.00
-
In-depth Debt & Leverage Analysis
Debt to equity ratio:
53.52%
Net debt to equity ratio:
-45.88%
Debt to assets ratio:
23.38%
Net debt to assets ratio:
-20.04%
Debt-to-asset ratio is -66.48% below industry average
Ability to repay debt:
Interest coverage ratio:
19.47
Interest coverage ratio is -109.23% less than industry average
Looking forward:
Debt growth rate:
-9.60%
Annual debt growth is -109% lower than industry average debt growth rate
Debt repayment rate in last quarter: 1.32%
Analysis of Key Statistics
Correlation of price movement with the market:
0.442
Statistical significance of correlation:
IMXI has a statistically significant correlation with the market
Average Correlation of the industry with the market:
0.48
Stock price is -7.91% less correlated with the market compared to the industry average correlation
R Squared (percentage of price movement explained by movement of the market):
0.48
Correlation of price movement with Nasdaq (^IXIC):
0.001
Covariance of price movement with the market:
0.001
Kurtosis
9.688
Returns have a significant fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are more probable, compared to assets with normally distributed returns
Skewness of returns:
1.188
Returns are right (positive) skewed; mean returns are greater than median and mode returns
Fundamental Analysis & Dupont Analysis of
IMXI
Gross Profit Margin Ratio:
189%
Operating Profit Margin Ratio:
14.91%
Operating profit margin is -225.64% lower than the industry
Net Profit Margin Ratio:
189%
Effective Tax Rate:
26.44%
Effective tax rate is -15.59% lower than the industry
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
32.42%
Return on equity (ROE) is -69.63% lower than the industry
Financial Leverage
Asset Turnover Ratio (ROA):
14.16%
Return on assets (ROA) is -473.95% lower than the industry
Financial Leverage:
1.3x
Current Ratio:
2.33
Current ratio is 0.18% above industry average
Cash Conversion Cycle (days):
65.7
Cash conversion cycle is -41.66% below industry average
The remaining useful life of property plant & equipment is: 22.5 years
Stock based compensation to net income ratio:
2.56%
In-depth Efficiency Analysis
Revenue generated per employee:
711.1K
Each employee generates 80% more revenue than industry average revenue per employee
EBITDA generated per employee:
119.9K
Each employee generates 83% more EBITDA than industry average revenue per employee
Profit generated per employee:
73.5K
Each employee generates 251% more net income/profit than industry average revenue per employee
Free cash flow (FCF) generated per employee:
43.0K
Each employee generates 117% more free cash flow than industry average revenue per employee
Assets/Capital per employee
125.3K
Each employee generates 117% more free cash flow than industry average revenue per employee
Research & Development (R&D) Analysis
-
-
Competitors/Peer firms of
IMXI
GILAT SATELLITE NETWORKS LTD. (XNAS:GILT)
USATP
BRIGHTCOVE INC. (XNAS:BCOV)
SIERRA WIRELESS, INC. (XNAS:SWIR)
BIT DIGITAL, INC. (XNAS:BTBT)
QUANTUM CORPORATION (XNAS:QMCO)
ALLIED MOTION TECHNOLOGIES INC. (XNAS:AMOT)
DIGIMARC CORPORATION (XNAS:DMRC)
Triterras, Inc. (OTCM:TRIRF)
Current Analyst Ratings
Strong buy�0%
Buy�8%
Hold�0%
Sell�0%
Strong sell�0%
Overall analyst sentiment is: Buy
Income Statement
Period:
TTM
Date:
3/31/22
Revenue:
479.30M
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
248.43M
230.87M
-
56.46M
65.25M
-
106.30M
171.55M
-
4.15M
9.34M
80.81M
71.47M
49.52M
67.32M
17.80M
49.52M
Statement of Cash Flow
Date:
Period:
2.18M
Differed Income Tax :
51.00K
Stock Based Compensation :
1.27M
Change in Working Capital :
16.83M
Accounts Receivables:
- 19546.00K
Other Working Capital:
-
Other Non-Cash Items:
1.30M
Net Cash Provided by Operating Activities:
33.28M
Investments in PP&E:
- 4316.00K
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
3/31/22
2022
Q1
157.24M
-
157.24M
87.28M
-
20.70M
265.22M
26.06M
36.26M
14.39M
-
-
7.76M
84.47M
-
349.69M
17.22M
5.42M
5.32M
3.56M
87.54M
113.73M
81.75M
-
83.22M
-
196.95M
4.00K
93.46M
36.0K
-
March 31, 2022 at 6:00:00 AM
407.82M
152.73M
349.69M
-
87.16M
- 70076.0K
-
-
- 4316.00K
- 1094.00K
-
- 3628.00K
-
288.00K
- 4434.00K
229.00K
24.76M
157.24M
132.47M
33.28M
- 4316.00K
28.97M
Our Proprietary Portfolio Rating
Our Rating:
D
Price Forecast/Expected Price in Next 5 Years of
IMXI
2023
2024
2025
2026
2027
$23.22
$196.42
$204.41
$212.72
$221.38