NasdaqCM:ITI

Stock Analysis Report

Executive Summary

Iteris, Inc. provides intelligent transportation systems technology solutions worldwide.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Iteris's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.8%

NasdaqCM:ITI

-0.8%

US Electronic

-1.6%

US Market


1 Year Return

-1.2%

NasdaqCM:ITI

-8.8%

US Electronic

-3.0%

US Market

ITI outperformed the Electronic industry which returned -8.8% over the past year.

ITI outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

ITIIndustryMarket
7 Day0.8%-0.8%-1.6%
30 Day-0.6%-7.6%-5.7%
90 Day-2.9%0.6%0.2%
1 Year-1.2%-1.2%-7.9%-8.8%-0.8%-3.0%
3 Year56.2%56.2%42.1%38.1%38.1%29.1%
5 Year190.8%190.8%48.5%41.3%50.8%34.1%

Price Volatility Vs. Market

How volatile is Iteris's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Iteris undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Iteris's share price is below the future cash flow value, and at a moderate discount (> 20%).

Iteris's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Iteris is loss making, we can't compare its value to the US Electronic industry average.

Iteris is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Iteris, we can't assess if its growth is good value.


Price Based on Value of Assets

Iteris is overvalued based on assets compared to the US Electronic industry average.


Next Steps

Future Growth

How is Iteris expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

109.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Iteris's revenue is expected to grow by 15.1% yearly, however this is not considered high growth (20% yearly).

Iteris's earnings are expected to grow significantly at over 20% yearly.

Iteris's revenue growth is expected to exceed the United States of America market average.

Iteris's earnings growth is expected to exceed the United States of America market average.

Iteris's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Iteris will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Iteris performed over the past 5 years?

-19.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Iteris does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Iteris's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Iteris's 1-year growth to the US Electronic industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Iteris has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Iteris has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Iteris improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Iteris's financial position?


Financial Position Analysis

Iteris is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Iteris's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Iteris has no debt.

Iteris has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Iteris has no debt, it does not need to be covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Iteris has sufficient cash runway for more than 3 years based on current free cash flow.

Iteris has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 43.9% each year.


Next Steps

Dividend

What is Iteris's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Iteris's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Iteris's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Iteris has not reported any payouts.

Unable to verify if Iteris's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Iteris has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Iteris's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Joe Bergera (56yo)

3.9yrs

Tenure

US$988,717

Compensation

Mr. J. Joseph Bergera, also known as Joe, Ph.D., has been the Chief Executive Officer and President of Iteris, Inc. since September 23, 2015. Mr. Bergera served as General Manager of Tax Solutions and Exec ...


CEO Compensation Analysis

Joe's remuneration is about average for companies of similar size in United States of America.

Joe's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.2yrs

Average Tenure

55.5yo

Average Age

The tenure for the Iteris management team is about average.


Board Age and Tenure

3.9yrs

Average Tenure

62yo

Average Age

The tenure for the Iteris board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$2,851,34228 Feb 19
MBM-Trust A-4
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Shares670,904
Max PriceUS$4.25
SellUS$7,991,56828 Feb 19
Milfam LLC
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Max PriceUS$4.25
SellUS$121,94229 Oct 18
MBM-Trust A-4
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Max PriceUS$4.10
SellUS$341,44829 Oct 18
Milfam LLC
EntityCompany
Shares83,902
Max PriceUS$4.10
SellUS$42025 Oct 18
MBM-Trust A-4
EntityCompany
Shares101
Max PriceUS$4.16
SellUS$1,16925 Oct 18
Milfam LLC
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Shares281
Max PriceUS$4.16
SellUS$9,46823 Oct 18
MBM-Trust A-4
EntityCompany
Shares2,267
Max PriceUS$4.18
SellUS$26,51523 Oct 18
Milfam LLC
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Max PriceUS$4.18
SellUS$43,73422 Oct 18
MBM-Trust A-4
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Max PriceUS$4.30
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Milfam LLC
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Milfam LLC
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Max PriceUS$4.41
SellUS$6,23619 Oct 18
MBM-Trust A-4
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Shares1,414
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Lloyd Miller
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MBM-Trust A-4
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SellUS$167,01418 Oct 18
Milfam LLC
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Max PriceUS$4.42
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Lloyd Miller
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Max PriceUS$4.42
SellUS$103,90217 Oct 18
MBM-Trust A-4
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Shares23,519
Max PriceUS$4.42
SellUS$282,62917 Oct 18
Milfam LLC
EntityCompany
Shares63,975
Max PriceUS$4.42
SellUS$8,30517 Oct 18
Lloyd Miller
EntityIndividual
Shares1,880
Max PriceUS$4.42
SellUS$73,65416 Oct 18
Milfam LLC
EntityCompany
Shares16,694
Max PriceUS$4.41
SellUS$27,08116 Oct 18
MBM-Trust A-4
EntityCompany
Shares6,138
Max PriceUS$4.41
SellUS$2,16616 Oct 18
Lloyd Miller
EntityIndividual
Shares491
Max PriceUS$4.41

Ownership Breakdown


Management Team

  • Andy Schmidt (58yo)

    VP of Finance

    • Tenure: 4.4yrs
    • Compensation: US$602.44k
  • Jim Chambers (53yo)

    Senior VP and GM of Agriculture & Weather Analytics

    • Tenure: 2.0yrs
    • Compensation: US$612.76k
  • Joe Bergera (56yo)

    President

    • Tenure: 3.9yrs
    • Compensation: US$988.72k
  • Todd Kreter (59yo)

    Senior VP & GM of Roadway Sensors

    • Tenure: 10.3yrs
    • Compensation: US$579.28k
  • Joe Boissy (55yo)

    Chief Marketing Officer

    • Tenure: 2.6yrs
  • Cathy Steger

    Director of Human Resources

    • Tenure: 0.0yrs
  • Ramin Massoumi (46yo)

    Senior VP & GM of Transportation Systems

    • Tenure: 4.4yrs
    • Compensation: US$586.09k
  • Jeff McDermott

    Senior Vice President of Human Resources

    • Tenure: 0.0yrs

Board Members

  • Kevin Daly (75yo)

    Director

    • Tenure: 26.6yrs
    • Compensation: US$90.50k
  • Tom Thomas (70yo)

    Chairman of the Board

    • Tenure: 3.6yrs
    • Compensation: US$118.50k
  • Scott Deeter (55yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: US$85.50k
  • Joe Bergera (56yo)

    President

    • Tenure: 3.9yrs
    • Compensation: US$988.72k
  • Mikel Williams (62yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: US$89.00k
  • Laura Siegal (56yo)

    Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$90.99k
  • Gerry Mooney (65yo)

    Director

    • Tenure: 5.9yrs
    • Compensation: US$82.25k

Company Information

Iteris, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Iteris, Inc.
  • Ticker: ITI
  • Exchange: NasdaqCM
  • Founded: 1969
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$204.881m
  • Shares outstanding: 40.49m
  • Website: https://www.iteris.com

Number of Employees


Location

  • Iteris, Inc.
  • 1700 Carnegie Avenue
  • Santa Ana
  • California
  • 92705
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 1984
FQHDB (Deutsche Boerse AG)YesCommon StockDEEUROct 1984

Biography

Iteris, Inc. provides intelligent transportation systems technology solutions worldwide. The company’s Roadway Sensors segment offers sensors and systems for traffic intersection management, communication  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:51
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.