init innovation in traffic systems SE (LTS:0EWR) Research & Development: €19.0 Mil (TTM As of Mar. 2026)


LTS:0EWR init innovation in traffic systems SE LTS:0EWR
93 GF Score
Price €45.00
GF Value €55.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is init innovation in traffic systems SE Research & Development?

init innovation in traffic systems SE LTS:0EWR -2.91% 93 Research & Development is €19.0 Mil as of Mar. 2026. GuruFocus rates LTS:0EWR with a GF Score™ of 93/100 and a GF Value™ of €55.38 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. init innovation in traffic systems SE's Research & Development for the three months ended in Mar. 2026 was €5.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €19.0 Mil.

init innovation in traffic systems SE  (LTS:0EWR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

init innovation in traffic systems SE Research & Development Related Terms

init innovation in traffic systems SE Research & Development Historical Data

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The historical data trend for init innovation in traffic systems SE's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

init innovation in traffic systems SE Research & Development Chart

init innovation in traffic systems SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.56 13.51 13.03 13.85 18.50

init innovation in traffic systems SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.61 4.51 5.28 4.11 5.12
LTS:0EWR
93GF Score
init innovation in traffic systems SE LTS:0EWR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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init innovation in traffic systems SE Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €19.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €19.0 Mil mean?
init innovation in traffic systems SE (LTS:0EWR) has a Research & Development of €19.0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on init innovation in traffic systems SE and its competitors.
Is init innovation in traffic systems SE's Research & Development too high?
init innovation in traffic systems SE's current Research & Development is €19.0 Mil. Overall, init innovation in traffic systems SE has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does init innovation in traffic systems SE's Research & Development compare to IBM and ACN?
init innovation in traffic systems SE's Research & Development of €19.0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on init innovation in traffic systems SE and its competitors. init innovation in traffic systems SE's current Research & Development is €19.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is init innovation in traffic systems SE stock overvalued right now?
Based on GuruFocus' analysis, init innovation in traffic systems SE (LTS:0EWR) is currently considered Modestly Undervalued. The stock's GF Value™ is €55.38, compared to a current price of €45.00 — trading 18.7% below its estimated fair value. The current Research & Development is €19.0 Mil. init innovation in traffic systems SE's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For init innovation in traffic systems SE (LTS:0EWR), the current Research & Development is €19.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is init innovation in traffic systems SE (LTS:0EWR) Overvalued in 2026?

Based on GuruFocus' analysis, init innovation in traffic systems SE stock appears to be undervalued. The current stock price of €45.00 is trading 18.7% below its estimated GF Value™ of €55.38. GuruFocus considers init innovation in traffic systems SE to be Modestly Undervalued.

Key valuation signals for LTS:0EWR:

  • Research & Development: €19.0 Mil
  • GF Value™: €55.38 vs. price of €45.00 (18.7% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the LTS:0EWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

init innovation in traffic systems SE Business Description

Address Kaeppelestrasse 4-10, Karlsruhe, BW, DEU, 76131
init innovation in traffic systems SE supplies transportation telematics systems. It mainly offers integrated planning, dispatching, telematics, and ticketing solutions for buses and trains around the world. The company operates through the following divisions: INIT Integrated Systems, INIT Cloud Solutions, and INIT Passenger Intelligence. The INIT Integrated Systems division installs and operates integrated hardware and software systems for transport operators; the INIT Cloud Solutions unit offers software and data platforms; and the INIT Passenger Intelligence unit offers solutions to track, analyze, and monitor passenger movement in public transport to optimize overall public transport performance and comfort. Geographically, the company generates maximum revenue from North America.
93GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€45.00
Price
€55.38
GF Value