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1. Company Snapshot

1.a. Company Description

Iteris, Inc.provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia.The company offers smart mobility infrastructure solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services.


Its products include ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, TrafficCarma, Vantage Apex, Vantage Fusion, Vantage Next, VantagePegasus, VantageRadius, Vantage Vector, Velocity, SmartCycle, SmartCycle Bike Indicator, SmartSpan, VersiCam, PedTrax, and P-Series products.The company also sells original equipment manufacturer products for the traffic intersection markets, such as traffic signal controllers and traffic signal equipment cabinets.In addition, it offers traffic management centers design, staffing, and operations services; traffic engineering and mobility consulting services include planning, design, development, and implementation of software and hardware-based ITS systems that integrate sensors, video surveillance, computers, and advanced communications equipment; distributes real-time information about traffic conditions; and surface transportation infrastructure systems implementation, and operation and management.


Further, the company provides travel demand forecasting and systems engineering, and identify mitigation measures to reduce traffic congestion; ClearMobility platform; and ClearMobility Cloud that enables mobility data management engine, application programming interface framework, and microservices ecosystem.It serves public transportation agencies, municipalities, commercial entities, government agencies, and other transportation infrastructure providers.The company was founded in 1969 and is headquartered in Austin, Texas.

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1.b. Last Insights on ITI

Iteris, Inc. recent performance was driven by the successful completion of its merger agreement with Almaviva S.p.A. on November 1, 2024. This strategic move is expected to enhance the company's technology ecosystem for smart mobility infrastructure management. Additionally, the approval of the merger agreement by Iteris stockholders on October 23, 2024, further solidified the deal's prospects. The company's focus on smart mobility infrastructure management and its continued operation as a separate legal entity within Almaviva are expected to drive growth and innovation in the sector.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Iteris Launches Advanced Priority and Preemption Within Connected Vehicle Ecosystem

Nov -18

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Iteris Launches VantageLink to Bring Real-Time Intelligence to Traffic Cabinets

Nov -13

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Iteris and Almaviva to Showcase Smart Mobility Innovations at ITS World Congress 2025

Aug -12

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Iteris Selected to Support Intelligent Transportation Systems Project in Dubai

Jun -17

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Iteris Chosen to Implement the City of Burleson's Advanced Traffic Management System Plan

May -14

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Iteris Selected by Hillsborough County for Traffic Management Center Support and Smart Mobility Initiatives

May -06

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Iteris Technology Selected by City of Corona for Smart Mobility Upgrades

Apr -30

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Iteris Chosen by the Orange County Transportation Authority for Harbor Boulevard Transit Initiative

Apr -22

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (9.09%)

6. Segments

Smart Mobility Infrastructure Management Solutions

Expected Growth: 10%

Increasing adoption of smart city initiatives, growing need for efficient traffic management, rising demand for real-time data analytics, and government investments in infrastructure development are driving the growth of Iteris' Smart Mobility Infrastructure Management Solutions, with a growth rate of 10%. This is further fueled by the increasing popularity of electric and autonomous vehicles, and the need for intelligent transportation systems.

Service

Expected Growth: 8%

Iteris' 8% growth is driven by increasing adoption of its intelligent transportation systems, expansion in smart traffic management, and growing demand for its ClearRoute and ClearAg products. Additionally, the company's strategic partnerships and investments in research and development are contributing to its growth momentum.

7. Detailed Products

ClearAg

Agricultural analytics platform providing insights on weather, soil, and crop health to optimize crop yields and reduce costs.

ClearRoute

A transportation analytics platform providing insights on traffic patterns, road conditions, and traffic signal optimization.

ClearCam

A video analytics platform providing insights on traffic flow, pedestrian and cyclist activity, and road conditions.

ClearMobility

A mobility analytics platform providing insights on traffic patterns, pedestrian and cyclist activity, and transportation infrastructure.

iPeMS

A traffic management platform providing real-time traffic monitoring and incident management.

8. Iteris, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Iteris, Inc. faces moderate threat from substitutes due to the availability of alternative transportation management solutions.

Bargaining Power Of Customers

Iteris, Inc. has a diverse customer base, which reduces the bargaining power of individual customers.

Bargaining Power Of Suppliers

Iteris, Inc. relies on a few key suppliers for its technology and infrastructure, giving them moderate bargaining power.

Threat Of New Entrants

The transportation management industry is highly competitive, and new entrants can easily disrupt the market with innovative solutions.

Intensity Of Rivalry

The transportation management industry is highly competitive, with many established players competing for market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 13.69%
Debt Cost 7.38%
Equity Weight 86.31%
Equity Cost 7.38%
WACC 7.38%
Leverage 15.86%

11. Quality Control: Iteris, Inc. passed 6 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Digi

A-Score: 5.2/10

Value: 3.3

Growth: 6.7

Quality: 7.8

Yield: 0.0

Momentum: 8.0

Volatility: 5.3

1-Year Total Return ->

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NETGEAR

A-Score: 4.8/10

Value: 8.0

Growth: 4.2

Quality: 3.1

Yield: 0.0

Momentum: 9.0

Volatility: 4.3

1-Year Total Return ->

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Extreme Networks

A-Score: 4.2/10

Value: 1.8

Growth: 5.1

Quality: 5.6

Yield: 0.0

Momentum: 8.5

Volatility: 4.0

1-Year Total Return ->

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ADTRAN Holdings

A-Score: 4.1/10

Value: 5.7

Growth: 3.4

Quality: 2.4

Yield: 1.0

Momentum: 9.0

Volatility: 3.0

1-Year Total Return ->

Stock-Card
Iteris

A-Score: 3.2/10

Value: 1.0

Growth: 7.0

Quality: 4.8

Yield: 0.0

Momentum: 5.0

Volatility: 1.3

1-Year Total Return ->

Stock-Card
AmpliTech

A-Score: 2.9/10

Value: 7.4

Growth: 1.7

Quality: 3.2

Yield: 0.0

Momentum: 5.0

Volatility: 0.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

7.19$

Current Price

7.19$

Potential

-0.00%

Expected Cash-Flows