Itron, Inc. (ITRI) vs Vontier Corporation (VNT)

Itron, Inc. and Vontier Corporation are both Scientific & Technical Instruments companies. Itron, Inc. and Vontier Corporation are of similar size ($4.2B and $4.0B). Vontier Corporation trades at the lower P/E: 13.0× against 14.8×. Vontier Corporation grew revenue faster over the last twelve months: 0.88% against −5.69%. Itron, Inc. has the higher net margin (11.9% vs 11.3%) and the lower return on invested capital (7.70% vs 14.3%). Across the 22 metrics below, Vontier Corporation leads on 13 and Itron, Inc. on 9.

Valuation

Metric ITRI VNT Scientific & Technical Instruments median
P/E 14.76 12.95 35.93
P/S 1.72 1.43 4.46
P/B 2.42 3.66 3.00
Price to free cash flow 10.29 11.41 24.96
EV/EBITDA 14.05 8.23 19.60
EV/Sales 2.28 1.87 4.98
Earnings yield 6.77% 7.72% 0.53%
Free cash flow yield 9.72% 8.76% 1.12%

Profitability

Metric ITRI VNT Scientific & Technical Instruments median
Gross margin 39.87% 47.18% 45.75%
Operating margin 13.20% 18.79% 7.34%
Net margin 11.90% 11.34% 1.56%
Free cash flow margin 16.73% 12.55% 5.84%
Return on equity 16.74% 28.90% 2.87%
Return on assets 7.19% 8.28% 0.99%
Return on invested capital 7.70% 14.25% 3.88%

Growth

Metric ITRI VNT Scientific & Technical Instruments median
Revenue growth (TTM) (5.69%) 0.88% 11.28%
EPS growth (last fiscal year) 25.48% 0.36% —
Revenue growth, 5-year CAGR 1.72% 2.60% 7.89%
Net income growth, 5-year CAGR 0.00% 3.50% 0.00%

Health

Metric ITRI VNT Scientific & Technical Instruments median
Debt to equity 0.96 1.33 0.00
Current ratio 2.75 1.25 2.24
Net debt to EBITDA 0.62 1.60 0.44

Dividend

Metric ITRI VNT Scientific & Technical Instruments median
Dividend yield — 0.14% 0.72%
Payout ratio 0.00 0.05 0.00

Size

Metric ITRI VNT Scientific & Technical Instruments median
Market cap 4.01b 4.18b 483.67m

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