MiX Telematics Limited is a software-application business based in the US. MiX Telematics shares (MIXT) are listed on the NYSE and all prices are listed in US Dollars. MiX Telematics employs 946 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in MiX Telematics
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What's in this guide?
MiX Telematics stock price (NYSE: MIXT)Use our graph to track the performance of MIXT stocks over time.
MiX Telematics shares at a glance
|Latest market close||$14.53|
|52-week range||$7.71 - $16.58|
|50-day moving average||$14.66|
|200-day moving average||$14.03|
|Wall St. target price||$19.51|
|Dividend yield||$0.011 (8.44%)|
|Earnings per share (TTM)||$0.68|
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Is it a good time to buy MiX Telematics stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
MiX Telematics price performance over time
|1 week (2021-07-21)||N/A|
|1 month (2021-07-01)||-11.19%|
|3 months (2021-04-30)||12.55%|
|6 months (2021-01-28)||N/A|
|1 year (2020-07-28)||N/A|
|2 years (2019-07-28)||N/A|
|3 years (2018-07-28)||N/A|
|5 years (2016-07-28)||N/A|
Is MiX Telematics under- or over-valued?
Valuing MiX Telematics stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MiX Telematics's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
MiX Telematics's P/E ratio
MiX Telematics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, MiX Telematics shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
MiX Telematics's PEG ratio
MiX Telematics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8076. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MiX Telematics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
MiX Telematics's EBITDA
MiX Telematics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $35.8 million.
The EBITDA is a measure of a MiX Telematics's overall financial performance and is widely used to measure a its profitability.
MiX Telematics financials
|Revenue TTM||$126.9 million|
|Operating margin TTM||15.17%|
|Gross profit TTM||$83 million|
|Return on assets TTM||7.65%|
|Return on equity TTM||13.12%|
|Market capitalisation||$316.6 million|
TTM: trailing 12 months
Shorting MiX Telematics shares
There are currently 47,953 MiX Telematics shares held short by investors – that's known as MiX Telematics's "short interest". This figure is 32.8% down from 71,321 last month.
There are a few different ways that this level of interest in shorting MiX Telematics shares can be evaluated.
MiX Telematics's "short interest ratio" (SIR)
MiX Telematics's "short interest ratio" (SIR) is the quantity of MiX Telematics shares currently shorted divided by the average quantity of MiX Telematics shares traded daily (recently around 85630.357142857). MiX Telematics's SIR currently stands at 0.56. In other words for every 100,000 MiX Telematics shares traded daily on the market, roughly 560 shares are currently held short.
However MiX Telematics's short interest can also be evaluated against the total number of MiX Telematics shares, or, against the total number of tradable MiX Telematics shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MiX Telematics's short interest could be expressed as 0% of the outstanding shares (for every 100,000 MiX Telematics shares in existence, roughly 0 shares are currently held short) or 0.0032% of the tradable shares (for every 100,000 tradable MiX Telematics shares, roughly 3 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against MiX Telematics.
Find out more about how you can short MiX Telematics stock.
MiX Telematics share dividends
Dividend payout ratio: 40.89% of net profits
Recently MiX Telematics has paid out, on average, around 40.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.08% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MiX Telematics shareholders could enjoy a 2.08% return on their shares, in the form of dividend payments. In MiX Telematics's case, that would currently equate to about $0.011 per share.
While MiX Telematics's payout ratio might seem fairly standard, it's worth remembering that MiX Telematics may be investing much of the rest of its net profits in future growth.
MiX Telematics's most recent dividend payout was on 30 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 16 June 2021 (the "ex-dividend date").
MiX Telematics share price volatility
Over the last 12 months, MiX Telematics's shares have ranged in value from as little as $7.7148 up to $16.578. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while MiX Telematics's is 0.3177. This would suggest that MiX Telematics's shares are less volatile than average (for this exchange).
MiX Telematics overview
MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service (Saas) delivery model. The company offers MiX Fleet Manager, a web-based application, which provides commercial fleet management solution that gives user live and historical views of driver and vehicle performance information, including vehicle tracking and status information, as well as alerts and notifications; MiX Asset Manager, a portfolio of asset tracking products comprising generators, light towers, storage tanks, and pumps; and Matrix, a mobile asset management solutions that offers real-time and historical vehicle tracking and positioning, unauthorized vehicle use alerts, panic emergency response, crash alerts, driver behavior alerts, fuel tax logbooks, and vehicle maintenance notifications for entry-level fleets and consumers. It also provides Beam-e, a crowdsourcing platform to locate vehicles without the expense of utilizing a traditional cellular network connection, and entry-level tracking and recovery services; MiX Now, a system that helps companies monitor and manage the behavior and performance of their vehicles and drivers. It delivers fleet and mobile asset management solutions as SaaS to 744,677 subscribers in South Africa, the Americas, the Middle East, Australia, Europe, and Brazil. The company was founded in 1996 and is headquartered in Boca Raton, Florida. .
MiX Telematics in the news
MiX Telematics Limited (MIXT) CEO Stefan Joselowitz on Q1 2022 Results - Earnings Call Transcript
MiX Telematics Beats On Q1 FY22 Earnings, Suspends Guidance Due To COVID-19
MiX Telematics Reports First Quarter Fiscal 2022 U.S. GAAP Financial Results
Frequently asked questionsWhat percentage of MiX Telematics is owned by insiders or institutions?
Currently 2.383% of MiX Telematics shares are held by insiders and 38.904% by institutions. How many people work for MiX Telematics?
Latest data suggests 946 work at MiX Telematics. When does the fiscal year end for MiX Telematics?
MiX Telematics's fiscal year ends in March. Where is MiX Telematics based?
MiX Telematics's address is: 750 Park of Commerce Boulevard, Boca Raton, FL, United States, 33487 What is MiX Telematics's ISIN number?
MiX Telematics's international securities identification number is: US60688N1028 What is MiX Telematics's CUSIP number?
MiX Telematics's Committee on Uniform Securities Identification Procedures number is: 60688N102
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