ITRON INC (ITRI)
US4657411066 - Common Stock
Taking everything into account, ITRI scores 5 out of 10 in our fundamental rating. ITRI was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. Both the profitability and the financial health of ITRI get a neutral evaluation. Nothing too spectacular is happening here. ITRI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
ITRI had positive earnings in the past year.
ITRI had a positive operating cash flow in the past year.
In multiple years ITRI reported negative net income over the last 5 years.
Each year in the past 5 years ITRI had a positive operating cash flow.
1.2 Ratios
ITRI has a Return On Assets of 3.72%. This is in the better half of the industry: ITRI outperforms 61.90% of its industry peers.
With a decent Return On Equity value of 7.40%, ITRI is doing good in the industry, outperforming 62.70% of the companies in the same industry.
ITRI has a better Return On Invested Capital (6.48%) than 67.46% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ITRI is significantly below the industry average of 9.42%.
The 3 year average ROIC (2.99%) for ITRI is below the current ROIC(6.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.72% | ||
| ROE | 7.4% | ||
| ROIC | 6.48% |
ROA(3y)-0.03%
ROA(5y)-0.1%
ROE(3y)-0.24%
ROE(5y)-0.3%
ROIC(3y)2.99%
ROIC(5y)3.49%
1.3 Margins
ITRI has a Profit Margin of 4.46%. This is in the better half of the industry: ITRI outperforms 66.67% of its industry peers.
The Operating Margin of ITRI (7.98%) is better than 74.60% of its industry peers.
In the last couple of years the Operating Margin of ITRI has grown nicely.
ITRI has a Gross Margin of 32.84%. This is comparable to the rest of the industry: ITRI outperforms 55.56% of its industry peers.
In the last couple of years the Gross Margin of ITRI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.98% | ||
| PM (TTM) | 4.46% | ||
| GM | 32.84% |
OM growth 3Y26.16%
OM growth 5Y47.14%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.83%
GM growth 5Y1.34%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ITRI is destroying value.
ITRI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ITRI has been increased compared to 5 years ago.
Compared to 1 year ago, ITRI has an improved debt to assets ratio.
2.2 Solvency
ITRI has an Altman-Z score of 3.34. This indicates that ITRI is financially healthy and has little risk of bankruptcy at the moment.
ITRI has a better Altman-Z score (3.34) than 61.11% of its industry peers.
ITRI has a debt to FCF ratio of 4.64. This is a neutral value as ITRI would need 4.64 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.64, ITRI is doing good in the industry, outperforming 61.90% of the companies in the same industry.
A Debt/Equity ratio of 0.35 indicates that ITRI is not too dependend on debt financing.
ITRI has a Debt to Equity ratio of 0.35. This is in the lower half of the industry: ITRI underperforms 63.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 4.64 | ||
| Altman-Z | 3.34 |
ROIC/WACC0.74
WACC8.76%
2.3 Liquidity
A Current Ratio of 1.95 indicates that ITRI should not have too much problems paying its short term obligations.
ITRI's Current ratio of 1.95 is on the low side compared to the rest of the industry. ITRI is outperformed by 61.90% of its industry peers.
ITRI has a Quick Ratio of 1.43. 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 of 1.43. This is comparable to the rest of the industry: ITRI outperforms 41.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.43 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 199.11% over the past year.
The Earnings Per Share has been growing slightly by 4.80% on average over the past years.
ITRI shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.06%.
ITRI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.77% yearly.
EPS 1Y (TTM)199.11%
EPS 3Y21.67%
EPS 5Y4.8%
EPS growth Q2Q73.24%
Revenue 1Y (TTM)21.06%
Revenue growth 3Y0%
Revenue growth 5Y-1.77%
Revenue growth Q2Q23.46%
3.2 Future
The Earnings Per Share is expected to grow by 17.92% on average over the next years. This is quite good.
Based on estimates for the next years, ITRI will show a small growth in Revenue. The Revenue will grow by 6.06% on average per year.
EPS Next Y9.74%
EPS Next 2Y14.94%
EPS Next 3Y16.66%
EPS Next 5Y17.92%
Revenue Next Year7.96%
Revenue Next 2Y6.44%
Revenue Next 3Y5.94%
Revenue Next 5Y6.06%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
ITRI is valuated quite expensively with a Price/Earnings ratio of 31.94.
Compared to the rest of the industry, the Price/Earnings ratio of ITRI is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.28, ITRI is valued at the same level.
The Price/Forward Earnings ratio is 29.11, which means the current valuation is very expensive for ITRI.
The rest of the industry has a similar Price/Forward Earnings ratio as ITRI.
ITRI is valuated rather expensively when we compare the Price/Forward Earnings ratio to 20.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.94 | ||
| Fwd PE | 29.11 |
4.2 Price Multiples
ITRI's Enterprise Value to EBITDA ratio is in line with the industry average.
ITRI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.01 | ||
| EV/EBITDA | 22.06 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ITRI does not grow enough to justify the current Price/Earnings ratio.
ITRI has a very decent profitability rating, which may justify a higher PE ratio.
ITRI's earnings are expected to grow with 16.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.28
PEG (5Y)6.66
EPS Next 2Y14.94%
EPS Next 3Y16.66%
5. Dividend
5.1 Amount
ITRI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ITRON INC
NASDAQ:ITRI (5/3/2024, 7:00:02 PM)
After market: 108 +0.99 (+0.93%)107.01
+7.19 (+7.2%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.91B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.94 | ||
| Fwd PE | 29.11 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.28
PEG (5Y)6.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.72% | ||
| ROE | 7.4% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.98% | ||
| PM (TTM) | 4.46% | ||
| GM | 32.84% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.95 | ||
| Quick Ratio | 1.43 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)199.11%
EPS 3Y21.67%
EPS 5Y
EPS growth Q2Q
EPS Next Y9.74%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)21.06%
Revenue growth 3Y0%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y