ITRON INC (ITRI) Stock Fundamental Analysis
USA - NASDAQ:ITRI - US4657411066 - Common Stock
120.63 USD
-0.46 (-0.38%)
120.63 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to ITRI. ITRI was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. While ITRI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ITRI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ITRI was profitable.
ITRI had a positive operating cash flow in the past year.
In multiple years ITRI reported negative net income over the last 5 years.
ITRI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ITRI (7.45%) is better than 87.20% of its industry peers.
The Return On Equity of ITRI (16.73%) is better than 86.40% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.96%, ITRI is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ITRI is below the industry average of 9.48%.
The last Return On Invested Capital (8.96%) for ITRI is above the 3 year average (5.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.45% | ||
| ROE | 16.73% | ||
| ROIC | 8.96% |
ROA(3y)3.44%
ROA(5y)0.94%
ROE(3y)7.92%
ROE(5y)1.87%
ROIC(3y)5.07%
ROIC(5y)4.06%
1.3 Margins
With an excellent Profit Margin value of 11.05%, ITRI belongs to the best of the industry, outperforming 87.20% of the companies in the same industry.
ITRI's Profit Margin has improved in the last couple of years.
ITRI has a better Operating Margin (12.01%) than 79.20% of its industry peers.
In the last couple of years the Operating Margin of ITRI has grown nicely.
With a Gross Margin value of 35.39%, ITRI perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Gross Margin of ITRI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.01% | ||
| PM (TTM) | 11.05% | ||
| GM | 35.39% |
OM growth 3Y76.32%
OM growth 5Y14.55%
PM growth 3YN/A
PM growth 5Y37.99%
GM growth 3Y5.93%
GM growth 5Y2.72%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ITRI is creating some value.
The number of shares outstanding for ITRI has been reduced compared to 1 year ago.
ITRI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ITRI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.90 indicates that ITRI is not a great score, but indicates only limited risk for bankruptcy at the moment.
ITRI's Altman-Z score of 2.90 is in line compared to the rest of the industry. ITRI outperforms 40.80% of its industry peers.
The Debt to FCF ratio of ITRI is 4.34, which is a neutral value as it means it would take ITRI, 4.34 years of fcf income to pay off all of its debts.
ITRI has a better Debt to FCF ratio (4.34) than 66.40% of its industry peers.
A Debt/Equity ratio of 0.49 indicates that ITRI is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.49, ITRI is not doing good in the industry: 69.60% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 2.9 |
ROIC/WACC1.02
WACC8.74%
2.3 Liquidity
A Current Ratio of 2.04 indicates that ITRI has no problem at all paying its short term obligations.
ITRI has a Current ratio of 2.04. This is comparable to the rest of the industry: ITRI outperforms 44.80% of its industry peers.
ITRI has a Quick Ratio of 1.75. This is a normal value and indicates that ITRI is financially healthy and should not expect problems in meeting its short term obligations.
ITRI has a Quick ratio (1.75) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.75 |
3. Growth
3.1 Past
ITRI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.84%, which is quite impressive.
The Earnings Per Share has been growing by 11.11% on average over the past years. This is quite good.
Looking at the last year, ITRI shows a small growth in Revenue. The Revenue has grown by 3.90% in the last year.
Measured over the past years, ITRI shows a decrease in Revenue. The Revenue has been decreasing by -0.50% on average per year.
EPS 1Y (TTM)35.84%
EPS 3Y47.43%
EPS 5Y11.11%
EPS Q2Q%33.88%
Revenue 1Y (TTM)3.9%
Revenue growth 3Y7.19%
Revenue growth 5Y-0.5%
Sales Q2Q%-0.38%
3.2 Future
Based on estimates for the next years, ITRI will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.76% on average per year.
ITRI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.44% yearly.
EPS Next Y9.32%
EPS Next 2Y6.76%
EPS Next 3Y8.1%
EPS Next 5Y14.76%
Revenue Next Year-2.14%
Revenue Next 2Y1.62%
Revenue Next 3Y3.4%
Revenue Next 5Y5.44%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.06 indicates a rather expensive valuation of ITRI.
Based on the Price/Earnings ratio, ITRI is valued cheaply inside the industry as 85.60% of the companies are valued more expensively.
ITRI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.38.
Based on the Price/Forward Earnings ratio of 18.77, the valuation of ITRI can be described as rather expensive.
Based on the Price/Forward Earnings ratio, ITRI is valued a bit cheaper than 73.60% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.86. ITRI is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.06 | ||
| Fwd PE | 18.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ITRI is valued a bit cheaper than 72.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ITRI is valued cheaply inside the industry as 84.80% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.22 | ||
| EV/EBITDA | 15.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of ITRI may justify a higher PE ratio.
PEG (NY)2.05
PEG (5Y)1.71
EPS Next 2Y6.76%
EPS Next 3Y8.1%
5. Dividend
5.1 Amount
ITRI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
120.63
-0.46 (-0.38%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners113.94%
Inst Owner Change3.32%
Ins Owners1%
Ins Owner Change-2.66%
Market Cap5.52B
Analysts85.26
Price Target147.17 (22%)
Short Float %7.21%
Short Ratio5.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.78%
Min EPS beat(2)14.32%
Max EPS beat(2)19.24%
EPS beat(4)4
Avg EPS beat(4)29.98%
Min EPS beat(4)14.32%
Max EPS beat(4)59.95%
EPS beat(8)8
Avg EPS beat(8)42.19%
EPS beat(12)12
Avg EPS beat(12)125.52%
EPS beat(16)15
Avg EPS beat(16)110.69%
Revenue beat(2)0
Avg Revenue beat(2)-2.78%
Min Revenue beat(2)-3.11%
Max Revenue beat(2)-2.46%
Revenue beat(4)1
Avg Revenue beat(4)-1.18%
Min Revenue beat(4)-3.11%
Max Revenue beat(4)1.25%
Revenue beat(8)3
Avg Revenue beat(8)-0.26%
Revenue beat(12)6
Avg Revenue beat(12)0.03%
Revenue beat(16)6
Avg Revenue beat(16)-2.04%
PT rev (1m)0.9%
PT rev (3m)10.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.13%
EPS NY rev (1m)0%
EPS NY rev (3m)11.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.06 | ||
| Fwd PE | 18.77 | ||
| P/S | 2.26 | ||
| P/FCF | 19.22 | ||
| P/OCF | 17.57 | ||
| P/B | 3.42 | ||
| P/tB | 11.24 | ||
| EV/EBITDA | 15.93 |
EPS(TTM)6.33
EY5.25%
EPS(NY)6.43
Fwd EY5.33%
FCF(TTM)6.28
FCFY5.2%
OCF(TTM)6.87
OCFY5.69%
SpS53.42
BVpS35.29
TBVpS10.73
PEG (NY)2.05
PEG (5Y)1.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.45% | ||
| ROE | 16.73% | ||
| ROCE | 11.06% | ||
| ROIC | 8.96% | ||
| ROICexc | 16.65% | ||
| ROICexgc | 78.2% | ||
| OM | 12.01% | ||
| PM (TTM) | 11.05% | ||
| GM | 35.39% | ||
| FCFM | 11.75% |
ROA(3y)3.44%
ROA(5y)0.94%
ROE(3y)7.92%
ROE(5y)1.87%
ROIC(3y)5.07%
ROIC(5y)4.06%
ROICexc(3y)6.94%
ROICexc(5y)5.29%
ROICexgc(3y)17.86%
ROICexgc(5y)14.3%
ROCE(3y)6.27%
ROCE(5y)5.02%
ROICexcg growth 3Y70.54%
ROICexcg growth 5Y9.42%
ROICexc growth 3Y85.56%
ROICexc growth 5Y14.7%
OM growth 3Y76.32%
OM growth 5Y14.55%
PM growth 3YN/A
PM growth 5Y37.99%
GM growth 3Y5.93%
GM growth 5Y2.72%
F-Score6
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 2.27 | ||
| Cap/Depr | 49.75% | ||
| Cap/Sales | 1.1% | ||
| Interest Coverage | 40.02 | ||
| Cash Conversion | 90.35% | ||
| Profit Quality | 106.34% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.75 | ||
| Altman-Z | 2.9 |
F-Score6
WACC8.74%
ROIC/WACC1.02
Cap/Depr(3y)44%
Cap/Depr(5y)44.14%
Cap/Sales(3y)1.2%
Cap/Sales(5y)1.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.84%
EPS 3Y47.43%
EPS 5Y11.11%
EPS Q2Q%33.88%
EPS Next Y9.32%
EPS Next 2Y6.76%
EPS Next 3Y8.1%
EPS Next 5Y14.76%
Revenue 1Y (TTM)3.9%
Revenue growth 3Y7.19%
Revenue growth 5Y-0.5%
Sales Q2Q%-0.38%
Revenue Next Year-2.14%
Revenue Next 2Y1.62%
Revenue Next 3Y3.4%
Revenue Next 5Y5.44%
EBIT growth 1Y23.13%
EBIT growth 3Y89.01%
EBIT growth 5Y13.98%
EBIT Next Year35.83%
EBIT Next 3Y19.48%
EBIT Next 5Y24.62%
FCF growth 1Y1131.71%
FCF growth 3Y23.47%
FCF growth 5Y13.12%
OCF growth 1Y600.79%
OCF growth 3Y17.99%
OCF growth 5Y6.63%