Itron, Inc. (ITRI) Análise de ações

Visão geral da empresa

A technology, solutions, and service provider, Itron, Inc. delivers end-to-end infrastructure and software designed to optimize energy, water, and smart city operations globally across four distinct segments. The enterprise operates within the Technology sector, specifically classified under the Scientific & Technical Instruments industry, positioning it as a specialized provider of critical measurement and control hardware. With a market capitalization of $4.12B and annual revenue of $2.37B, the company maintains a workforce comprising 4987 employees. These valuation metrics indicate that the market assigns a significant size and liquidity profile to the firm, suggesting it possesses substantial scale to execute complex international deployments while maintaining a presence in a capital-intensive industrial landscape.

Saúde financeira

The company reported a trailing twelve-month revenue of $2.37B, generating $301.06M in net income and $362.78M in EBITDA. The gap between the $2.37B revenue figure and the $301.06M net income reveals a cost structure where operating expenses and taxes consume approximately 87.3% of gross sales, which is typical for hardware and solution providers with high fixed costs. Free cash flow stands at $267.76M, indicating that the business generates sufficient cash after capital expenditures to fund operations and potentially support future acquisitions or share repurchases without external financing. Gross margin is recorded at 37.7%, reflecting the pricing power and manufacturing efficiency on product sales before overhead allocation. Operating margin sits at 13.9%, demonstrating the company's ability to cover administrative and selling expenses while maintaining profitability, whereas the profit margin of 12.7% confirms the final return after all corporate-level costs and interest are accounted for. Liquidity analysis shows the firm holds $1.02B in cash against $1.28B in total debt, resulting in a debt-to-equity ratio of 73.86%, which suggests a moderately leveraged balance sheet rather than a highly conservative one. Short-term solvency is supported by a current ratio of 1.80, meaning the company has $1.80 in current assets for every $1.00 of current liabilities, providing a comfortable buffer for meeting immediate obligations. Return on equity is 19.3%, signaling highly effective management in generating profits from shareholder capital, while return on assets of 5.5% indicates the overall efficiency of the asset base in producing earnings relative to its total value.

Avaliação de valorização

The trailing twelve-month P/E ratio is 14.31, while the forward P/E is projected at 13.52. The difference between these two metrics implies that the market expects earnings to grow in the near future, as the price investors are willing to pay for future earnings is lower than what is justified by current earnings. The price-to-book ratio is 2.43, indicating that the stock trades at a premium of 143% over its book value, which reflects investor confidence in the company's intangible assets, brand value, and growth prospects beyond its tangible net worth. Alternative valuation metrics include a price-to-sales ratio of 1.74 and an EV/EBITDA of 12.30, suggesting the market values the company's revenue generation and cash earnings at a level consistent with high-growth technology peers but not excessive for a firm with a mature hardware base. The 52-week trading range spans from a low of $83.51 to a high of $142.00, and the current market price sits within this historical volatility band, reflecting the stock's sensitivity to sector-specific cycles and broader market sentiment. The beta value is 1.50, meaning the stock's price volatility is 50% higher than the broader market, indicating higher risk and potential reward compared to a standard market index.

Growth & Income

Revenue growth year-over-year declined by 6.7%, while earnings growth surged by 73.6%, implying that the company is successfully managing costs or realizing margin improvements even as top-line sales contract. Since the company does not pay a dividend, the dividend yield is listed as N/A and the payout ratio is 0.0%, meaning the firm retains all of its net income of $301.06M to reinvest into research and development, network expansion, or other growth initiatives rather than distributing cash to shareholders. This retention strategy aligns with the capital-intensive nature of the Device Solutions and Networked Solutions segments, requiring continuous investment to maintain grid reliability and smart city infrastructure. The overall growth and income profile is characterized by significant earnings acceleration despite a contraction in revenue, driven by a lack of dividend payouts and a focus on internal capital allocation for organic expansion.