Added to YB: 2025-05-06
Pitch date: 2025-05-03
ITRN [bullish]
Ituran Location and Control Ltd.
+4.94%
current return
Author Info
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Company Info
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products in Israel, Brazil, Argentina, Colombia, Mexico, Ecuador and the United States.
Market Cap
$711.0M
Pitch Price
$35.43
Price Target
N/A
Dividend
5.60%
Sector
Communications Equipment
Category
growth
[ITRN] Crime Pays, Predictably: Ituran, Israel's Subscription Security Machine
ITRN: Israeli vehicle theft protection w/ 2.4M subscribers (80% Israel mkt share, Brazil growing 24%). 58.7% gross margin on subscriptions driving 30.4% ROE. Trades 12.4x P/E vs 20x+ for subscription biz. Bullish: 157K net adds in 2024, guiding 180-200K for 2025. Risks: 2G-to-5G transition costs, Santander contract churn, founder succession at 79.
Read full article (14 min)