Ituran Location and Control stock: fair value
ITRNThe fair value of Ituran Location and Control under our model is $75.84, the price is 35% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $58.34 and expensive above $108.34 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $98.80 (cash-flow model) and $52.87 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 8.9%. At 9.9% the fair value would be $67.48, at 7.9% it would be $88.35.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (16.3).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.8%. Discounted at 8.9% (government bond yield 3.8% plus beta 0.8 times a risk premium of 6.3%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $98.80 per share: free cash flow for the next ten years, each year discounted to today at 8.9%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 8.9%) |
|---|---|---|---|---|
| 2026 | $81.92M | extrapolated at 13.7% | 0.9185 | $75.24M |
| 2027 | $90.73M | extrapolated at 10.8% | 0.8437 | $76.55M |
| 2028 | $98.6M | extrapolated at 8.7% | 0.7750 | $76.41M |
| 2029 | $105.73M | extrapolated at 7.2% | 0.7118 | $75.26M |
| 2030 | $112.29M | extrapolated at 6.2% | 0.6538 | $73.42M |
| 2031 | $118.46M | extrapolated at 5.5% | 0.6006 | $71.14M |
| 2032 | $124.37M | extrapolated at 5.0% | 0.5516 | $68.61M |
| 2033 | $130.15M | extrapolated at 4.7% | 0.5067 | $65.94M |
| 2034 | $135.88M | extrapolated at 4.4% | 0.4654 | $63.24M |
| 2035 | $141.62M | extrapolated at 4.2% | 0.4275 | $60.54M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $706.34M |
| Terminal value: cash flow 2035 × (1 + 3.8%) / (8.9% − 3.8%) | $2.92B |
| Present value of terminal value (× 0.4275) | $1.25B |
| Equity value (sum plus present value of terminal value) | $1.95B |
| Shares (diluted) | 19.77M |
| Value per share (equity value divided by shares) | $98.80 |
| Earnings per share, last twelve months | $3.24 |
| × 16.3 (industry P/E) | $52.87 |
| Fair value (average of both parts) | $75.84 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 May 2023)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.