ITERIS INC (ITI)
US46564T1079 - Common Stock
We assign a fundamental rating of 5 out of 10 to ITI. ITI was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. ITI has only an average score on both its financial health and profitability. While showing a medium growth rate, ITI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
ITI had positive earnings in the past year.
In the past year ITI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ITI reported negative net income in multiple years.
In multiple years ITI reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.12%, ITI is in line with its industry, outperforming 54.76% of the companies in the same industry.
The Return On Equity of ITI (1.99%) is comparable to the rest of the industry.
ITI has a Return On Invested Capital (1.26%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 1.99% | ||
| ROIC | 1.26% |
ROA(3y)-5.51%
ROA(5y)-2.81%
ROE(3y)-9.55%
ROE(5y)-4.95%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ITI has a Profit Margin (0.80%) which is in line with its industry peers.
ITI's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 0.64%, ITI perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
In the last couple of years the Operating Margin of ITI has grown nicely.
Looking at the Gross Margin, with a value of 37.38%, ITI is in the better half of the industry, outperforming 65.08% of the companies in the same industry.
In the last couple of years the Gross Margin of ITI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.64% | ||
| PM (TTM) | 0.8% | ||
| GM | 37.38% |
OM growth 3Y11.09%
OM growth 5YN/A
PM growth 3Y-40.46%
PM growth 5YN/A
GM growth 3Y-2.12%
GM growth 5Y-0.15%
2. Health
2.1 Basic Checks
ITI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ITI has more shares outstanding
Compared to 5 years ago, ITI has more shares outstanding
There is no outstanding debt for ITI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 3.63 indicates that ITI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.63, ITI is in the better half of the industry, outperforming 65.87% of the companies in the same industry.
There is no outstanding debt for ITI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.63 |
ROIC/WACC0.15
WACC8.59%
2.3 Liquidity
ITI has a Current Ratio of 1.77. This is a normal value and indicates that ITI is financially healthy and should not expect problems in meeting its short term obligations.
ITI's Current ratio of 1.77 is on the low side compared to the rest of the industry. ITI is outperformed by 67.46% of its industry peers.
A Quick Ratio of 1.44 indicates that ITI should not have too much problems paying its short term obligations.
ITI has a Quick ratio (1.44) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
ITI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 116.67%, which is quite impressive.
Measured over the past years, ITI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -34.58% on average per year.
ITI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.99%.
Measured over the past years, ITI shows a quite strong growth in Revenue. The Revenue has been growing by 13.01% on average per year.
EPS 1Y (TTM)116.67%
EPS 3Y-34.58%
EPS 5YN/A
EPS Q2Q%-80%
Revenue 1Y (TTM)4.99%
Revenue growth 3Y13.67%
Revenue growth 5Y13.01%
Sales Q2Q%5.13%
3.2 Future
The Earnings Per Share is expected to grow by 101.85% on average over the next years. This is a very strong growth
ITI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.26% yearly.
EPS Next Y154.91%
EPS Next 2Y108.05%
EPS Next 3Y101.85%
EPS Next 5YN/A
Revenue Next Year10.31%
Revenue Next 2Y11.86%
Revenue Next 3Y12.26%
Revenue Next 5YN/A
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 237.00, ITI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of ITI is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 30.71, ITI is valued quite expensively.
With a Price/Forward Earnings ratio of 23.47, ITI is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ITI is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.09, ITI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 237 | ||
| Fwd PE | 23.47 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ITI.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ITI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 231.59 | ||
| EV/EBITDA | 54.83 |
4.3 Compensation for Growth
ITI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as ITI's earnings are expected to grow with 101.85% in the coming years.
PEG (NY)1.53
PEG (5Y)N/A
EPS Next 2Y108.05%
EPS Next 3Y101.85%
5. Dividend
5.1 Amount
ITI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ITERIS INC
NASDAQ:ITI (9/17/2024, 1:08:50 PM)
7.11
+0.01 (+0.14%)
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 Cap304.31M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
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Div Incr Years
Div Non Decr Years
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Surprises & Revisions
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 237 | ||
| Fwd PE | 23.47 | ||
| 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)1.53
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.12% | ||
| ROE | 1.99% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 0.64% | ||
| PM (TTM) | 0.8% | ||
| GM | 37.38% | ||
| 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 Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.44 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)116.67%
EPS 3Y-34.58%
EPS 5Y
EPS Q2Q%
EPS Next Y154.91%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.99%
Revenue growth 3Y13.67%
Revenue growth 5Y
Sales 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