NasdaqGS:ITRI

Stock Analysis Report

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Market Cap

US$4.3b

Last Updated

2021/06/20 22:04 UTC

Data Sources

Company Financials +

Executive Summary

Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ITRI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ITRI's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.8%

ITRI

-4.2%

US Electronic

-1.9%

US Market


1 Year Return

38.7%

ITRI

49.3%

US Electronic

38.2%

US Market

Return vs Industry: ITRI underperformed the US Electronic industry which returned 49.3% over the past year.

Return vs Market: ITRI matched the US Market which returned 38.2% over the past year.


Shareholder returns

ITRIIndustryMarket
7 Day-3.8%-4.2%-1.9%
30 Day3.6%-1.3%1.0%
90 Day6.4%0.1%3.8%
1 Year38.7%38.7%52.3%49.3%40.4%38.2%
3 Year59.8%59.8%59.7%53.2%57.5%47.8%
5 Year126.4%126.4%164.6%147.7%127.2%101.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Itron undervalued compared to its fair value and its price relative to the market?

12.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ITRI ($94.98) is trading below our estimate of fair value ($108.49)

Significantly Below Fair Value: ITRI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ITRI is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.

PE vs Market: ITRI 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 ITRI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ITRI is overvalued based on its PB Ratio (3.6x) compared to the US Electronic industry average (2.9x).


Future Growth

How is Itron forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

33.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ITRI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: ITRI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ITRI's is expected to become profitable in the next 3 years.

Revenue vs Market: ITRI's revenue (5.7% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: ITRI's revenue (5.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ITRI's Return on Equity is forecast to be low in 3 years time (9.4%).


Past Performance

How has Itron performed over the past 5 years?

-20.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ITRI is currently unprofitable.

Growing Profit Margin: ITRI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ITRI is unprofitable, and losses have increased over the past 5 years at a rate of 20.5% per year.

Accelerating Growth: Unable to compare ITRI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ITRI is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (13.7%).


Return on Equity

High ROE: ITRI has a negative Return on Equity (-4.3%), as it is currently unprofitable.


Financial Health

How is Itron's financial position?


Financial Position Analysis

Short Term Liabilities: ITRI's short term assets ($1.3B) exceed its short term liabilities ($909.6M).

Long Term Liabilities: ITRI's short term assets ($1.3B) exceed its long term liabilities ($797.2M).


Debt to Equity History and Analysis

Debt Level: ITRI's debt to equity ratio (72.1%) is considered high.

Reducing Debt: ITRI's debt to equity ratio has increased from 54.6% to 72.1% over the past 5 years.


Balance Sheet


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: Whilst unprofitable ITRI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ITRI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.4% per year.


Dividend

What is Itron current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ITRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ITRI'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 ITRI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ITRI'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 ITRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Tom Deitrich (53 yo)

1.83yrs

Tenure

US$3,638,204

Compensation

Mr. Thomas L. Deitrich, also known as Tom, serves as the Chief Executive Officer, President and Director of Itron, Inc. since August 6, 2019. He is Independent Director of ON Semiconductor Corporation sinc...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD3.64M) is below average for companies of similar size in the US market ($USD5.38M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ITRI's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: ITRI's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ITRI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Itron, Inc.
  • Ticker: ITRI
  • Exchange: NasdaqGS
  • Founded: 1977
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$4.287b
  • Shares outstanding: 45.13m
  • Website: https://www.itron.com/na

Number of Employees


Location

  • Itron, Inc.
  • 2111 North Molter Road
  • Liberty Lake
  • Washington
  • 99019
  • United States

Listings


Biography

Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. The company operates through three segments: D...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/20 22:04
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.