ITRON INC (ITRI) Stock Fundamental Analysis
USA - NASDAQ:ITRI - US4657411066 - Common Stock
132.44 USD
-1.22 (-0.91%)
132.44 USD
0 (0%)
Overall ITRI gets a fundamental rating of 6 out of 10. We evaluated ITRI against 123 industry peers in the Electronic Equipment, Instruments & Components industry. ITRI scores excellent on profitability, but 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
ITRI had positive earnings in the past year.
In the past year ITRI had a positive cash flow from operations.
In multiple years ITRI reported negative net income over the last 5 years.
In the past 5 years ITRI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.45%, ITRI belongs to the top of the industry, outperforming 86.18% of the companies in the same industry.
ITRI's Return On Equity of 16.73% is amongst the best of the industry. ITRI outperforms 85.37% of its industry peers.
With a decent Return On Invested Capital value of 8.96%, ITRI is doing good in the industry, outperforming 79.67% of the companies in the same industry.
ITRI had an Average Return On Invested Capital over the past 3 years of 5.07%. This is below the industry average of 9.33%.
The 3 year average ROIC (5.07%) for ITRI is below the current ROIC(8.96%), indicating increased profibility in the last year.
| 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
ITRI's Profit Margin of 11.05% is amongst the best of the industry. ITRI outperforms 85.37% of its industry peers.
In the last couple of years the Profit Margin of ITRI has grown nicely.
Looking at the Operating Margin, with a value of 12.01%, ITRI is in the better half of the industry, outperforming 78.86% of the companies in the same industry.
ITRI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 35.39%, ITRI is doing good in the industry, outperforming 60.16% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ITRI is still 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
ITRI has an Altman-Z score of 3.08. This indicates that ITRI is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.08, ITRI is not doing good in the industry: 60.16% of the companies in the same industry are doing better.
ITRI has a debt to FCF ratio of 4.34. This is a neutral value as ITRI would need 4.34 years to pay back of all of its debts.
ITRI's Debt to FCF ratio of 4.34 is fine compared to the rest of the industry. ITRI outperforms 65.04% of its industry peers.
ITRI has a Debt/Equity ratio of 0.49. This is a healthy value indicating a solid balance between debt and equity.
ITRI has a worse Debt to Equity ratio (0.49) than 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.49 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 3.08 |
ROIC/WACC1.05
WACC8.5%
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 (2.04) which is comparable to the rest of the industry.
A Quick Ratio of 1.75 indicates that ITRI should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.75, ITRI perfoms like the industry average, outperforming 53.66% of the companies in the same 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.
Measured over the past years, ITRI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.11% on average per year.
The Revenue has been growing slightly by 3.90% in the past 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
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.
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
ITRI is valuated rather expensively with a Price/Earnings ratio of 20.92.
Based on the Price/Earnings ratio, ITRI is valued a bit cheaper than 78.86% of the companies in the same industry.
ITRI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.57, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 20.60 indicates a rather expensive valuation of ITRI.
71.54% of the companies in the same industry are more expensive than ITRI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.09, ITRI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.92 | ||
| Fwd PE | 20.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ITRI is valued a bit cheaper than the industry average as 67.48% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ITRI is valued cheaper than 80.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.1 | ||
| EV/EBITDA | 17.65 |
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.
The excellent profitability rating of ITRI may justify a higher PE ratio.
PEG (NY)2.25
PEG (5Y)1.88
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 |
132.44
-1.22 (-0.91%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners115.43%
Inst Owner Change0.32%
Ins Owners0.99%
Ins Owner Change-2.45%
Market Cap6.06B
Revenue(TTM)2.44B
Net Income(TTM)269.88M
Analysts85
Price Target147.17 (11.12%)
Short Float %7.47%
Short Ratio4.9
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%
PT rev (3m)6.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.24%
EPS NY rev (1m)0%
EPS NY rev (3m)11.43%
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 | 20.92 | ||
| Fwd PE | 20.6 | ||
| P/S | 2.48 | ||
| P/FCF | 21.1 | ||
| P/OCF | 19.29 | ||
| P/B | 3.75 | ||
| P/tB | 12.35 | ||
| EV/EBITDA | 17.65 |
EPS(TTM)6.33
EY4.78%
EPS(NY)6.43
Fwd EY4.85%
FCF(TTM)6.28
FCFY4.74%
OCF(TTM)6.87
OCFY5.18%
SpS53.42
BVpS35.29
TBVpS10.73
PEG (NY)2.25
PEG (5Y)1.88
Graham Number70.89
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%
ROICexgc growth 3Y70.54%
ROICexgc 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 | 3.08 |
F-Score6
WACC8.5%
ROIC/WACC1.05
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 Year38.31%
EBIT Next 3Y20.37%
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%