Latest Ratios: P/E Ratio 19.8x · EV/EBITDA 10.9x · ROE 27.9%. (2003–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $855M | $620M | $545M | $431M | $554M | $396M | $529M | $676M | $717M | $556M |
| Enterprise Value | $1.0B | $752M | $551M | $500M | $426M | $540M | $384M | $555M | $698M | $680M | $525M |
| P/E Ratio → | 19.84 | 14.73 | 11.54 | 11.30 | 11.61 | 16.16 | 24.74 | 48.33 | 10.48 | 16.36 | 17.32 |
| P/S Ratio | 3.21 | 2.38 | 1.84 | 1.70 | 1.47 | 2.04 | 1.61 | 1.89 | 2.67 | 3.01 | 2.78 |
| P/B Ratio | 5.13 | 3.81 | 3.24 | 3.02 | 2.82 | 4.02 | 3.05 | 3.89 | 3.87 | 5.38 | 5.14 |
| P/FCF | 17.25 | 12.80 | 10.22 | 8.65 | 23.18 | 14.14 | 7.96 | 12.78 | 21.44 | 25.84 | 19.97 |
| P/OCF | 13.01 | 9.65 | 8.34 | 7.06 | 9.56 | 9.93 | 6.60 | 8.86 | 12.69 | 16.33 | 13.40 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.09 | 1.64 | 1.56 | 1.45 | 1.99 | 1.56 | 1.99 | 2.75 | 2.85 | 2.63 |
| EV / EBITDA | 10.92 | 7.82 | 6.05 | 5.75 | 5.40 | 7.45 | 6.31 | 7.77 | 9.14 | 9.73 | 8.67 |
| EV / EBIT | 13.65 | 9.77 | 7.53 | 7.54 | 7.68 | 10.54 | 12.30 | 21.51 | 9.09 | 12.25 | 10.48 |
| EV / FCF | — | 11.26 | 9.09 | 7.94 | 22.87 | 13.78 | 7.71 | 13.42 | 22.13 | 24.52 | 18.85 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.7% | 49.7% | 47.8% | 47.9% | 46.9% | 47.2% | 47.4% | 46.7% | 50.3% | 50.1% | 51.1% |
| Operating Margin | 21.4% | 21.4% | 21.1% | 20.6% | 20.0% | 20.1% | 17.1% | 17.4% | 24.3% | 23.6% | 24.5% |
| Net Profit Margin | 16.1% | 16.1% | 16.0% | 15.0% | 12.7% | 12.6% | 6.6% | 2.5% | 25.5% | 18.4% | 16.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 27.9% | 27.9% | 28.9% | 28.9% | 25.5% | 25.6% | 12.1% | 4.4% | 41.9% | 36.3% | 32.8% |
| ROA | 16.3% | 16.3% | 16.6% | 15.8% | 12.7% | 11.3% | 4.9% | 1.9% | 21.9% | 22.3% | 20.1% |
| ROIC | 47.2% | 47.2% | 41.2% | 35.0% | 32.5% | 33.8% | 22.5% | 20.3% | 31.6% | 48.8% | 53.1% |
| ROCE | 29.5% | 29.5% | 30.5% | 31.1% | 30.3% | 28.0% | 19.2% | 19.2% | 29.5% | 41.6% | 43.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.05 | 0.05 | 0.14 | 0.26 | 0.46 | 0.59 | 0.42 | 0.00 | 0.00 |
| Debt / EBITDA | 0.05 | 0.05 | 0.10 | 0.10 | 0.28 | 0.50 | 0.99 | 1.13 | 0.96 | 0.00 | 0.00 |
| Net Debt / Equity | — | -0.46 | -0.36 | -0.25 | -0.04 | -0.10 | -0.09 | 0.20 | 0.12 | -0.28 | -0.29 |
| Net Debt / EBITDA | -1.07 | -1.07 | -0.75 | -0.51 | -0.07 | -0.20 | -0.20 | 0.37 | 0.29 | -0.53 | -0.51 |
| Debt / FCF | — | -1.54 | -1.13 | -0.71 | -0.31 | -0.36 | -0.24 | 0.64 | 0.69 | -1.33 | -1.12 |
| Interest Coverage | 41.50 | 41.50 | 36.31 | 34.97 | 21.50 | 22.76 | 14.24 | 9.89 | 145.38 | — | — |
Net cash position: cash ($108M) exceeds total debt ($5M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.28 | 2.28 | 2.22 | 1.93 | 1.62 | 1.56 | 1.59 | 1.72 | 1.80 | 2.09 | 1.98 |
| Quick Ratio | 2.06 | 2.06 | 1.95 | 1.64 | 1.31 | 1.30 | 1.39 | 1.47 | 1.53 | 1.87 | 1.73 |
| Cash Ratio | 1.03 | 1.03 | 0.88 | 0.58 | 0.30 | 0.53 | 0.70 | 0.54 | 0.51 | 0.62 | 0.56 |
| Asset Turnover | — | 0.93 | 1.03 | 1.00 | 1.01 | 0.92 | 0.79 | 0.82 | 0.68 | 1.11 | 1.12 |
| Inventory Turnover | 7.77 | 7.77 | 7.49 | 6.21 | 5.45 | 5.27 | 5.71 | 5.83 | 4.44 | 8.09 | 6.80 |
| Days Sales Outstanding | — | 59.49 | 51.76 | 51.78 | 57.07 | 59.17 | 58.46 | 58.92 | 78.18 | 62.75 | 61.94 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.3% | 4.4% | 4.5% | 2.1% | 2.7% | 2.9% | 2.5% | 3.8% | 3.0% | 3.2% | 3.1% |
| Payout Ratio | 64.8% | 64.8% | 52.3% | 24.0% | 30.9% | 46.1% | 61.8% | 288.1% | 31.3% | 51.7% | 53.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.0% | 6.8% | 8.7% | 8.8% | 8.6% | 6.2% | 4.0% | 2.1% | 9.5% | 6.1% | 5.8% |
| FCF Yield | 5.8% | 7.8% | 9.8% | 11.6% | 4.3% | 7.1% | 12.6% | 7.8% | 4.7% | 3.9% | 5.0% |
| Buyback Yield | 0.3% | 0.4% | 0.0% | 1.2% | 2.0% | 1.3% | 0.0% | 1.1% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.5% | 4.8% | 4.5% | 3.3% | 4.6% | 4.2% | 2.5% | 4.9% | 3.0% | 3.2% | 3.1% |
| Shares Outstanding | — | $20M | $20M | $20M | $20M | $21M | $21M | $21M | $21M | $21M | $21M |
Regional Geopolitical Instability
According to current market data, Ituran trades at a forward P/E of 17.19, which appears to discount the company relative to US-based telematics peers, likely due to its heavy exposure to volatile Latin American currencies and the perceived regional nature of its proprietary infrastructure-based business model.
The current PEG ratio of 0.68 suggests that the market may be underestimating the company's growth trajectory relative to its valuation multiple. Investors should monitor whether this discount persists as the company expands its 'Ituran WITH' platform, which could potentially shift market perception toward a higher-multiple software-as-a-service provider.
Based on reported figures, Ituran has demonstrated a steady improvement in ROIC, rising from 9.0% in 2023Q4 to 14.3% in 2026Q1, which indicates that management is effectively deploying capital into its proprietary radio frequency network to generate higher incremental returns on its invested asset base.
This upward trend in capital efficiency suggests that the company is successfully scaling its service-heavy model without requiring proportional increases in capital expenditure. The ability to maintain these returns while operating in emerging markets warrants further investigation into the sustainability of its competitive moat against cellular-based alternatives.
As reported in financial statements, Ituran's cash conversion cycle fluctuated between 58 and 70 days over the last ten quarters, reflecting a consistent management of inventory and receivables that supports the company's ability to maintain liquidity despite the inherent complexities of its international service operations.
The DSO of 55 days in 2026Q1 suggests that the company maintains reasonable control over its customer collections, which is critical given the reliance on insurance partners in Latin America. Investors should monitor any significant lengthening of this cycle, as it could indicate deteriorating credit quality among the company's primary subscriber base.
According to the latest quarterly data, Ituran maintains a current ratio of 1.90 and a quick ratio of 1.74, providing a substantial buffer that appears more than sufficient to navigate potential regional economic downturns or disruptions to its physical infrastructure network in Israel and Brazil.
The company's minimal reliance on debt, evidenced by a 0.02 debt-to-equity ratio, ensures that liquidity is not constrained by interest obligations. This financial position provides management with significant flexibility to continue its dividend policy and opportunistic share buybacks even during periods of heightened geopolitical or macroeconomic stress.
The most commonly misapplied metric for Ituran is the P/S ratio, which obscures the company's true earning power by failing to distinguish between low-margin hardware sales and high-margin, recurring subscription services that form the core of the business model's long-term value proposition.
Analysts should instead focus on the growth of the subscriber base and the stability of service margins, as these metrics better reflect the durability of the company's proprietary RF infrastructure. Relying on hardware-centric valuation multiples risks undervaluing the recurring revenue stream that differentiates Ituran from traditional equipment manufacturers.
Includes 30+ ratios · 23 years · Updated daily
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Quick answers to the most common questions about buying ITRN stock.
Ituran Location and Control Ltd.'s current P/E ratio is 19.8x. The historical average is 17.6x. This places it at the 81th percentile of its historical range.
Ituran Location and Control Ltd.'s current EV/EBITDA is 10.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.3x.
Ituran Location and Control Ltd.'s return on equity (ROE) is 27.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 35.0%.
Based on historical data, Ituran Location and Control Ltd. is trading at a P/E of 19.8x. This is at the 81th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Ituran Location and Control Ltd.'s current dividend yield is 3.26% with a payout ratio of 64.8%.
Ituran Location and Control Ltd. has 49.7% gross margin and 21.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Ituran Location and Control Ltd.'s Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.