Ituran Cost Of Revenue vs Revenue Per Share Analysis

ITRN Stock

USD 33.98 0.89 2.69%

Ituran Location financial indicator trend analysis is infinitely more than just investigating Ituran Location recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ituran Location is a good investment. Please check the relationship between Ituran Location Cost Of Revenue and its Revenue Per Share accounts. 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.

Cost Of Revenue vs Revenue Per Share

Cost Of Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ituran Location Cost Of Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Ituran Location's Cost Of Revenue and Revenue Per Share is 0.88. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Ituran Location and, assuming nothing else is changed. The correlation between historical values of Ituran Location's Cost Of Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Ituran Location and are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., Ituran Location's Cost Of Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Ituran Location income statement and represents the costs associated with goods and services Ituran Location provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Most indicators from Ituran Location's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ituran Location current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

At this time, Ituran Location's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of January 2025, Enterprise Value Over EBITDA is likely to grow to 11.64, while Selling General Administrative is likely to drop about 39.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	137.6M	153.2M	176.1M	89.9M
Total Revenue	293.1M	320.0M	368.0M	186.5M

Gross Profit Total Revenue

Ituran Location fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Other Assets	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.9	0.35	0.75	0.81	0.79	0.24	-0.21	0.96	0.17	0.93	0.63	0.83	0.95	0.89	0.89	0.89	0.98	0.66	-0.22	0.96	0.89	0.51	0.85	0.96	0.8
Total Stockholder Equity	0.9		-0.03	0.79	0.78	0.75	0.36	-0.17	0.94	-0.09	0.68	0.24	0.83	0.78	0.78	0.9	0.81	0.83	0.72	-0.24	0.91	0.7	0.74	0.55	0.88	0.79
Net Debt	0.35	-0.03		-0.1	0.02	0.02	0.0	0.13	0.14	0.38	0.6	0.87	-0.07	0.38	0.32	0.23	0.28	0.49	-0.18	0.15	0.26	0.49	-0.39	0.75	0.28	0.09
Retained Earnings	0.75	0.79	-0.1		0.61	0.61	-0.09	-0.62	0.76	0.13	0.61	0.23	0.75	0.72	0.89	0.71	0.73	0.7	0.95	-0.55	0.82	0.77	0.7	0.47	0.78	0.91
Cash	0.81	0.78	0.02	0.61		0.99	0.39	0.0	0.88	-0.12	0.72	0.45	0.84	0.79	0.67	0.71	0.64	0.72	0.59	-0.08	0.7	0.64	0.63	0.62	0.71	0.6
Cash And Short Term Investments	0.79	0.75	0.02	0.61	0.99		0.38	0.01	0.86	-0.12	0.71	0.46	0.84	0.78	0.66	0.67	0.63	0.69	0.59	-0.07	0.69	0.63	0.61	0.61	0.69	0.6
Common Stock Shares Outstanding	0.24	0.36	0.0	-0.09	0.39	0.38		0.76	0.38	-0.75	0.12	0.04	0.22	0.15	0.0	0.39	0.18	0.17	-0.13	0.52	0.2	-0.01	0.26	0.1	0.2	0.03
Other Stockholder Equity	-0.21	-0.17	0.13	-0.62	0.0	0.01	0.76		-0.11	-0.67	-0.21	0.0	-0.28	-0.28	-0.46	-0.12	-0.23	-0.24	-0.65	0.82	-0.27	-0.38	-0.12	-0.11	-0.33	-0.42
Total Current Assets	0.96	0.94	0.14	0.76	0.88	0.86	0.38	-0.11		-0.04	0.83	0.46	0.91	0.91	0.82	0.88	0.89	0.88	0.67	-0.12	0.94	0.76	0.65	0.7	0.91	0.83
Other Assets	0.17	-0.09	0.38	0.13	-0.12	-0.12	-0.75	-0.67	-0.04		0.35	0.36	0.08	0.3	0.22	-0.07	0.19	0.26	0.15	-0.57	0.12	0.3	-0.42	0.32	0.2	0.06
Total Liab	0.93	0.68	0.6	0.61	0.72	0.71	0.12	-0.21	0.83	0.35		0.85	0.72	0.95	0.86	0.75	0.82	0.95	0.52	-0.18	0.85	0.91	0.26	0.96	0.87	0.69
Short Long Term Debt Total	0.63	0.24	0.87	0.23	0.45	0.46	0.04	0.0	0.46	0.36	0.85		0.29	0.66	0.61	0.43	0.49	0.71	0.16	0.01	0.5	0.75	-0.11	0.93	0.51	0.36
Other Current Liab	0.83	0.83	-0.07	0.75	0.84	0.84	0.22	-0.28	0.91	0.08	0.72	0.29		0.88	0.71	0.69	0.78	0.72	0.68	-0.2	0.8	0.63	0.59	0.52	0.85	0.73
Total Current Liabilities	0.95	0.78	0.38	0.72	0.79	0.78	0.15	-0.28	0.91	0.3	0.95	0.66	0.88		0.86	0.77	0.89	0.92	0.64	-0.25	0.9	0.85	0.39	0.83	0.93	0.77
Other Liab	0.89	0.78	0.32	0.89	0.67	0.66	0.0	-0.46	0.82	0.22	0.86	0.61	0.71	0.86		0.8	0.79	0.91	0.83	-0.42	0.9	0.97	0.54	0.8	0.89	0.88
Property Plant And Equipment Net	0.89	0.9	0.23	0.71	0.71	0.67	0.39	-0.12	0.88	-0.07	0.75	0.43	0.69	0.77	0.8		0.78	0.86	0.65	-0.23	0.86	0.73	0.65	0.68	0.87	0.74
Accounts Payable	0.89	0.81	0.28	0.73	0.64	0.63	0.18	-0.23	0.89	0.19	0.82	0.49	0.78	0.89	0.79	0.78		0.83	0.58	-0.15	0.95	0.73	0.43	0.69	0.84	0.88
Non Current Assets Total	0.98	0.83	0.49	0.7	0.72	0.69	0.17	-0.24	0.88	0.26	0.95	0.71	0.72	0.92	0.91	0.86	0.83		0.63	-0.28	0.92	0.93	0.41	0.91	0.94	0.74
Non Currrent Assets Other	0.66	0.72	-0.18	0.95	0.59	0.59	-0.13	-0.65	0.67	0.15	0.52	0.16	0.68	0.64	0.83	0.65	0.58	0.63		-0.65	0.7	0.71	0.72	0.38	0.72	0.78
Long Term Debt	-0.22	-0.24	0.15	-0.55	-0.08	-0.07	0.52	0.82	-0.12	-0.57	-0.18	0.01	-0.2	-0.25	-0.42	-0.23	-0.15	-0.28	-0.65		-0.22	-0.37	-0.16	-0.09	-0.32	-0.24
Net Receivables	0.96	0.91	0.26	0.82	0.7	0.69	0.2	-0.27	0.94	0.12	0.85	0.5	0.8	0.9	0.9	0.86	0.95	0.92	0.7	-0.22		0.85	0.58	0.74	0.93	0.91
Good Will	0.89	0.7	0.49	0.77	0.64	0.63	-0.01	-0.38	0.76	0.3	0.91	0.75	0.63	0.85	0.97	0.73	0.73	0.93	0.71	-0.37	0.85		0.4	0.89	0.86	0.76
Common Stock Total Equity	0.51	0.74	-0.39	0.7	0.63	0.61	0.26	-0.12	0.65	-0.42	0.26	-0.11	0.59	0.39	0.54	0.65	0.43	0.41	0.72	-0.16	0.58	0.4		0.15	0.53	0.63
Non Current Liabilities Total	0.85	0.55	0.75	0.47	0.62	0.61	0.1	-0.11	0.7	0.32	0.96	0.93	0.52	0.83	0.8	0.68	0.69	0.91	0.38	-0.09	0.74	0.89	0.15		0.76	0.58
Inventory	0.96	0.88	0.28	0.78	0.71	0.69	0.2	-0.33	0.91	0.2	0.87	0.51	0.85	0.93	0.89	0.87	0.84	0.94	0.72	-0.32	0.93	0.86	0.53	0.76		0.77
Other Current Assets	0.8	0.79	0.09	0.91	0.6	0.6	0.03	-0.42	0.83	0.06	0.69	0.36	0.73	0.77	0.88	0.74	0.88	0.74	0.78	-0.24	0.91	0.76	0.63	0.58	0.77

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Ituran Location Account Relationship Matchups

Ituran Location fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	312.5M	293.0M	290.6M	318.7M	366.5M	206.7M
Total Stockholder Equity	127.2M	132.5M	145.8M	174.5M	200.6M	108.1M
Net Debt	(15.0M)	(17.1M)	(9.1M)	(44.8M)	(40.3M)	(38.3M)
Retained Earnings	127.7M	143.3M	169.0M	203.6M	234.1M	245.8M
Cash	72.2M	50.3M	27.9M	53.4M	61.4M	39.4M
Cash And Short Term Investments	78.8M	54.7M	28.2M	53.6M	61.6M	43.6M
Common Stock Shares Outstanding	20.8M	20.8M	20.4M	20M	18M	17.8M
Liabilities And Stockholders Equity	312.5M	293.0M	290.6M	318.7M	366.5M	206.7M
Other Stockholder Equity	36.4M	29.1M	20.7M	14.1M	12.7M	12.0M
Total Current Assets	179.4M	162.7M	150.7M	178.5M	205.3M	120.1M
Other Assets	25.2M	28.4M	30.4M	29.7M	34.1M	20.7M
Total Liab	182.6M	155.2M	137.7M	138.4M	159.2M	95.5M
Short Long Term Debt Total	57.1M	33.2M	18.8M	8.7M	10.0M	19.1M
Other Current Liab	45.4M	37.8M	34.4M	40.9M	47.0M	27.2M
Total Current Liabilities	112.7M	104.6M	93.3M	92.5M	106.3M	64.1M
Other Liab	41.6M	33.1M	35.7M	37.9M	43.5M	45.7M
Property Plant And Equipment Net	43.2M	40.3M	55.2M	50.0M	57.5M	38.3M
Accounts Payable	19.7M	21.3M	21.9M	20.8M	24.0M	16.7M
Non Current Assets Total	133.0M	130.3M	139.9M	140.1M	161.2M	89.0M
Non Currrent Assets Other	16.5M	19.4M	18.3M	22.5M	25.9M	27.2M
Long Term Debt	34.1M	13.2M	345K	237K	272.6K	258.9K
Net Receivables	39.3M	43.9M	45.8M	45.4M	52.2M	40.0M
Good Will	39.9M	40.0M	39.5M	39.4M	45.3M	47.6M
Non Current Liabilities Total	69.8M	50.6M	44.4M	46.0M	52.9M	33.0M
Inventory	22.6M	27.1M	28.5M	26.9M	30.9M	17.2M
Other Current Assets	38.6M	37.0M	48.2M	52.7M	60.6M	63.7M
Property Plant And Equipment Gross	43.2M	40.3M	55.2M	148.7M	171.0M	179.6M
Accumulated Other Comprehensive Income	(38.8M)	(41.9M)	(45.8M)	(45.2M)	(40.7M)	(38.6M)
Short Term Debt	23.2M	21.2M	14.9M	3.7M	4.2M	6.6M
Intangible Assets	19.4M	16.8M	12.6M	10.8M	12.5M	9.0M
Property Plant Equipment	61.5M	43.2M	40.3M	55.5M	63.8M	37.5M
Current Deferred Revenue	24.4M	24.3M	21.8M	27.1M	31.2M	32.7M
Short Term Investments	6.7M	4.4M	316K	119K	107.1K	101.7K
Net Tangible Assets	55.9M	67.9M	75.7M	93.7M	84.3M	65.4M
Deferred Long Term Liab	3.0M	2.7M	2.8M	2.9M	3.4M	1.9M
Long Term Investments	2.2M	2.8M	3.0M	2.9M	2.6M	4.3M
Short Long Term Debt	20.4M	18.3M	12.2M	355K	408.3K	387.8K

Pair Trading with Ituran Location

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ituran Location position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ituran Location will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ituran Stock

0.85	ELSE	Electro Sensors	Pair Corr
0.7	WRAP	Wrap Technologies	Pair Corr
0.73	FARO	FARO Technologies	Pair Corr

Moving against Ituran Stock

0.79	ST	Sensata Technologies	Pair Corr
0.69	GNSS	Genasys	Pair Corr
0.58	KNW	Know Labs	Pair Corr
0.5	SVREW	SaverOne 2014	Pair Corr

The ability to find closely correlated positions to Ituran Location could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ituran Location when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ituran Location - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ituran Location and to buy it.

The correlation of Ituran Location is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ituran Location moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ituran Location moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ituran Location can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Ituran

Details

Is Ituran Stock a good investment?

Details

What is Ituran Location's Net Worth?

Details

Largest Communications Equipment Companies

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Largest Scientific & Technical Instruments Companies

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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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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.

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Ituran Cost Of Revenue vs Revenue Per Share Analysis

Cost Of Revenue vs Revenue Per Share

Cost Of Revenue vs Revenue Per Share Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Revenue Per Share

Ituran Location fundamental ratios Correlations

Ituran Location Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ituran Location fundamental ratios Accounts

Pair Trading with Ituran Location

Moving together with Ituran Stock

Moving against Ituran Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Non Current Assets Total	+ 0.98	Total Assets
Good Will	+ 0.97	Other Liab
Total Current Assets	+ 0.96	Total Assets
Net Receivables	+ 0.96	Total Assets
Inventory	+ 0.96	Total Assets

Other Assets	- 0.75	Common Stock Shares Outstanding
Other Assets	- 0.67	Other Stockholder Equity
Long Term Debt	- 0.65	Non Currrent Assets Other
Non Currrent Assets Other	- 0.65	Other Stockholder Equity
Other Stockholder Equity	- 0.62	Retained Earnings
Long Term Debt	- 0.57	Other Assets