Iteris, Inc. provides intelligent transportation systems technology solutions in Canada and Europe. More Details
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Iteris's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ITI underperformed the US Electronic industry which returned 11.3% over the past year.
Return vs Market: ITI underperformed the US Market which returned 18.3% over the past year.
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
5 days ago | Simply Wall StWho Has Been Buying Iteris, Inc. (NASDAQ:ITI) Shares?
2 weeks ago | Simply Wall StIs There An Opportunity With Iteris, Inc.'s (NASDAQ:ITI) 26% Undervaluation?
1 month ago | Simply Wall StWhat We Learned About Iteris' (NASDAQ:ITI) CEO Pay
Is Iteris undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITI ($4.08) is trading below our estimate of fair value ($5.44)
Significantly Below Fair Value: ITI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ITI is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: ITI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ITI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ITI's PB Ratio (2.2x) is in line with the US Electronic industry average.
How is Iteris forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: ITI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ITI's is expected to become profitable in the next 3 years.
Revenue vs Market: ITI's revenue (8.8% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: ITI's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ITI's Return on Equity is forecast to be high in 3 years time
How has Iteris performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITI is currently unprofitable.
Growing Profit Margin: ITI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ITI is unprofitable, but has reduced losses over the past 5 years at a rate of 3.6% per year.
Accelerating Growth: Unable to compare ITI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ITI is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-18%).
Return on Equity
High ROE: ITI has a negative Return on Equity (-6.28%), as it is currently unprofitable.
How is Iteris's financial position?
Financial Position Analysis
Short Term Liabilities: ITI's short term assets ($72.6M) exceed its short term liabilities ($28.7M).
Long Term Liabilities: ITI's short term assets ($72.6M) exceed its long term liabilities ($11.9M).
Debt to Equity History and Analysis
Debt Level: ITI is debt free.
Reducing Debt: ITI has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ITI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ITI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Iteris's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ITI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ITI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ITI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ITI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ITI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Bergera (57 yo)
Mr. J. Joseph Bergera, also known as Joe, Ph.D., has been the Chief Executive Officer and President of Iteris, Inc. since September 23, 2015. Mr. Bergera served as General Manager of Tax Solutions and Exec ...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD1.26M) is about average for companies of similar size in the US market ($USD1.24M).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
|CFO, Senior VP of Finance & Secretary||0.83yr||US$905.89k||0.024% |
|Senior Advisor||5.58yrs||US$885.43k||0% |
|Senior VP & GM of Transportation Systems||5.58yrs||US$604.09k||0.084% |
|Senior Vice President of Marketing||no data||no data||no data|
|Senior Vice President of Human Resources||no data||no data||no data|
|Senior VP & GM of Roadway Sensors||11.42yrs||US$579.28k||0% |
|Director of Human Resources||no data||no data||no data|
Experienced Management: ITI's management team is seasoned and experienced (5.6 years average tenure).
|Independent Director||0.75yr||US$32.51k||0.012% |
|Independent Chairman of the Board||4.75yrs||US$119.26k||0.41% |
|Independent Director||0.33yr||no data||0.0053% |
|Independent Director||2.42yrs||US$78.97k||0.080% |
|Independent Director||7.08yrs||US$89.50k||0.078% |
|Independent Director||0.25yr||no data||0.0032% |
Experienced Board: ITI's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ITI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Iteris, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Iteris, Inc.
- Ticker: ITI
- Exchange: NasdaqCM
- Founded: 1987
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$166.977m
- Shares outstanding: 40.93m
- Website: https://www.iteris.com
Number of Employees
- Iteris, Inc.
- 1700 Carnegie Avenue
- Santa Ana
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ITI||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Oct 1984|
|FQH||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1984|
Iteris, Inc. provides intelligent transportation systems technology solutions in Canada and Europe. It operates through Roadway Sensors and Transportation Systems segments. The Roadway Sensors segment offe ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/25 00:35|
|End of Day Share Price||2020/10/23 00:00|
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.