Ituran Location Financials

ITRN Stock  USD 30.16  0.36  1.21%   
Based on the analysis of Ituran Location's profitability, liquidity, and operating efficiency, Ituran Location and may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Ituran Location's Short Term Debt is very stable compared to the past year. As of the 1st of December 2024, Long Term Investments is likely to grow to about 4.3 M, while Total Assets are likely to drop about 206.7 M. Key indicators impacting Ituran Location's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity0.40.2759
Way Up
Slightly volatile
Debt Equity Ratio0.00320.0034
Notably Down
Slightly volatile
Current Ratio2.431.9309
Significantly Up
Very volatile
The financial analysis of Ituran Location is a critical element in measuring its lifeblood. Investors should not minimize Ituran Location's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

26.83 Million

  
Understanding current and past Ituran Location Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ituran Location's financial statements are interrelated, with each one affecting the others. For example, an increase in Ituran Location's assets may result in an increase in income on the income statement.

Ituran Location Stock Summary

Ituran Location competes with Silicom, Allot Communications, Sapiens International, Formula Systems, and Nova. Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. The company was incorporated in 1994 and is headquartered in Azor, Israel. Ituran Location is traded on NASDAQ Exchange in the United States.
Specialization
Information Technology, Scientific & Technical Instruments
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINIL0010818685
CUSIPM6158M104
LocationIsrael
Business Address3 Hashikma Street,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.ituran.com
Phone972 3 557 1333
CurrencyUSD - US Dollar

Ituran Location Key Financial Ratios

Ituran Location Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets339.2M312.5M293.0M290.6M318.7M206.7M
Net Debt26.6M(15.0M)(17.1M)(9.1M)(44.8M)(42.5M)
Retained Earnings116.5M127.7M143.3M169.0M203.6M213.7M
Cash54.0M72.2M50.3M27.9M53.4M39.4M
Total Current Assets174.2M179.4M162.7M150.7M178.5M120.1M
Other Assets25.2M28.4M30.4M29.7M34.1M20.7M
Total Liab203.3M182.6M155.2M137.7M138.4M95.5M
Other Current Liab29.4M45.4M37.8M34.4M40.9M27.2M
Other Liab41.6M33.1M35.7M37.9M43.5M45.7M
Accounts Payable22.7M19.7M21.3M21.9M20.8M16.7M
Long Term Debt49.8M34.1M13.2M345K237K225.2K
Net Receivables45.1M39.3M43.9M45.8M45.4M40.0M
Good Will50.1M39.9M40.0M39.5M39.4M41.4M
Inventory25.5M22.6M27.1M28.5M26.9M17.2M
Other Current Assets49.2M38.6M37.0M48.2M52.7M55.4M
Short Term Debt19.9M23.2M21.2M14.9M3.7M6.6M
Intangible Assets23.4M19.4M16.8M12.6M10.8M9.0M
Net Tangible Assets55.9M67.9M75.7M93.7M84.3M65.4M
Short Long Term Debt18.1M20.4M18.3M12.2M355K337.3K

Ituran Location Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.6M2.2M2.3M2.6M1.9M2.0M
Total Revenue279.3M245.6M270.9M293.1M320.0M186.5M
Gross Profit130.5M115.5M126.5M137.6M153.2M89.9M
Operating Income74.7M56.2M54.6M58.8M66.0M42.6M
Ebit74.7M31.2M51.2M55.4M66.3M36.7M
Research Development13.9M12.8M14.1M16.8M17.0M17.8M
Ebitda97.5M50.1M69.3M75.5M87.4M49.8M
Cost Of Revenue148.8M130.1M144.4M155.5M166.8M96.6M
Income Before Tax23.2M29.0M49.0M52.8M64.4M38.9M
Net Income11.0M16.1M34.3M37.1M48.1M26.8M
Income Tax Expense12.2M10.9M11.9M12.7M13.4M11.5M
Minority Interest6.6M2.7M(2.8M)(2.4M)(2.2M)(2.1M)
Tax Provision12.2M10.9M11.9M12.7M13.4M11.0M
Interest Income444K302K538K995K1.6M863.1K
Net Interest Income(2.1M)1.5M(5.5M)(5.9M)(247K)(259.4K)

Ituran Location Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory3.8M3.1M(3.8M)(5.8M)1.1M1.2M
Change In Cash2.6M18.2M(21.9M)(22.5M)25.6M26.9M
Free Cash Flow41.4M49.8M39.2M18.6M63.0M66.1M
Depreciation22.8M18.8M18.1M20.1M21.1M14.4M
Other Non Cash Items26K(266K)(47K)4.2M5.6M5.9M
Capital Expenditures18.3M10.2M16.6M26.5M14.2M15.4M
Net Income7.8M17.3M37.0M39.5M48.1M31.1M
End Period Cash Flow54.0M72.2M50.3M27.9M53.4M43.0M
Dividends Paid19.8M10.0M15.8M11.5M11.6M17.3M
Investments(18.3M)(288K)(675K)(27.4M)(17.2M)(18.1M)
Net Borrowings(11.1M)(17.0M)(23.8M)(16.5M)(14.8M)(14.1M)
Change To Netincome28.4M9.9M4.6M5.9M6.8M4.5M

Ituran Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ituran Location's current stock value. Our valuation model uses many indicators to compare Ituran Location value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ituran Location competition to find correlations between indicators driving Ituran Location's intrinsic value. More Info.
Ituran Location and is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.45  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ituran Location and is roughly  2.23 . At this time, Ituran Location's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ituran Location's earnings, one of the primary drivers of an investment's value.

Ituran Location Systematic Risk

Ituran Location's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ituran Location volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ituran Location correlated with the market. If Beta is less than 0 Ituran Location generally moves in the opposite direction as compared to the market. If Ituran Location Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ituran Location is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ituran Location is generally in the same direction as the market. If Beta > 1 Ituran Location moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Ituran Location Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ituran Location's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ituran Location growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.37

At this time, Ituran Location's Price Earnings To Growth Ratio is very stable compared to the past year.

Ituran Location December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ituran Location help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ituran Location and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ituran Location and based on widely used predictive technical indicators. In general, we focus on analyzing Ituran Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ituran Location's daily price indicators and compare them against related drivers.
When determining whether Ituran Location offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ituran Location's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ituran Location And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ituran Location And Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ituran Location and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ituran Location. If investors know Ituran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ituran Location listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.084
Earnings Share
2.61
Revenue Per Share
16.522
Quarterly Revenue Growth
0.039
Return On Assets
0.1368
The market value of Ituran Location is measured differently than its book value, which is the value of Ituran that is recorded on the company's balance sheet. Investors also form their own opinion of Ituran Location's value that differs from its market value or its book value, called intrinsic value, which is Ituran Location's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ituran Location's market value can be influenced by many factors that don't directly affect Ituran Location's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ituran Location's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ituran Location is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ituran Location's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.