IRCE SPA (IRC.MI) Fundamental Analysis & Valuation

BIT:IRCIT0001077780

Current stock price

2.26 EUR
+0.03 (+1.35%)
Last:

This IRC.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. IRC.MI Profitability Analysis

1.1 Basic Checks

  • In the past year IRC was profitable.
  • IRC had a negative operating cash flow in the past year.
  • Each year in the past 5 years IRC has been profitable.
  • The reported operating cash flow has been mixed in the past 5 years: IRC reported negative operating cash flow in multiple years.
IRC.MI Yearly Net Income VS EBIT VS OCF VS FCFIRC.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M

1.2 Ratios

  • IRC has a Return On Assets of 2.15%. This is comparable to the rest of the industry: IRC outperforms 52.00% of its industry peers.
  • IRC has a Return On Equity of 3.95%. This is comparable to the rest of the industry: IRC outperforms 50.67% of its industry peers.
  • The Return On Invested Capital of IRC (2.30%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA 2.15%
ROE 3.95%
ROIC 2.3%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
IRC.MI Yearly ROA, ROE, ROICIRC.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2 4 6

1.3 Margins

  • IRC has a Profit Margin of 1.64%. This is comparable to the rest of the industry: IRC outperforms 50.67% of its industry peers.
  • In the last couple of years the Profit Margin of IRC has grown nicely.
  • IRC's Operating Margin of 2.60% is in line compared to the rest of the industry. IRC outperforms 41.33% of its industry peers.
  • IRC's Operating Margin has improved in the last couple of years.
  • IRC's Gross Margin of 22.28% is on the low side compared to the rest of the industry. IRC is outperformed by 74.67% of its industry peers.
  • In the last couple of years the Gross Margin of IRC has remained more or less at the same level.
Industry RankSector Rank
OM 2.6%
PM (TTM) 1.64%
GM 22.28%
OM growth 3Y2.9%
OM growth 5Y19.13%
PM growth 3Y-6.93%
PM growth 5Y12.12%
GM growth 3Y2.95%
GM growth 5Y0.73%
IRC.MI Yearly Profit, Operating, Gross MarginsIRC.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 10 15 20

3

2. IRC.MI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IRC is destroying value.
  • There is no outstanding debt for IRC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
IRC.MI Yearly Shares OutstandingIRC.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M 25M
IRC.MI Yearly Total Debt VS Total AssetsIRC.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M 250M

2.2 Solvency

  • An Altman-Z score of 2.68 indicates that IRC is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.68, IRC perfoms like the industry average, outperforming 57.33% of the companies in the same industry.
  • IRC has a Debt/Equity ratio of 0.53. This is a neutral value indicating IRC is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.53, IRC is in line with its industry, outperforming 52.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF N/A
Altman-Z 2.68
ROIC/WACC0.27
WACC8.62%
IRC.MI Yearly LT Debt VS Equity VS FCFIRC.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M

2.3 Liquidity

  • A Current Ratio of 2.10 indicates that IRC has no problem at all paying its short term obligations.
  • IRC has a better Current ratio (2.10) than 74.67% of its industry peers.
  • IRC has a Quick Ratio of 2.10. This is a bad value and indicates that IRC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • IRC has a Quick ratio (0.91) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.1
Quick Ratio 0.91
IRC.MI Yearly Current Assets VS Current LiabilitesIRC.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M 200M

5

3. IRC.MI Growth Analysis

3.1 Past

  • IRC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.36%.
  • Measured over the past years, IRC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.90% on average per year.
  • Looking at the last year, IRC shows a decrease in Revenue. The Revenue has decreased by -5.03% in the last year.
  • Measured over the past years, IRC shows a small growth in Revenue. The Revenue has been growing by 5.04% on average per year.
EPS 1Y (TTM)-10.36%
EPS 3Y-12.39%
EPS 5Y17.9%
EPS Q2Q%560.76%
Revenue 1Y (TTM)-5.03%
Revenue growth 3Y-6%
Revenue growth 5Y5.04%
Sales Q2Q%1.21%

3.2 Future

  • Based on estimates for the next years, IRC will show a very strong growth in Earnings Per Share. The EPS will grow by 21.77% on average per year.
  • Based on estimates for the next years, IRC will show a small growth in Revenue. The Revenue will grow by 6.83% on average per year.
EPS Next Y27.59%
EPS Next 2Y21.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.42%
Revenue Next 2Y6.83%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
IRC.MI Yearly Revenue VS EstimatesIRC.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M 400M
IRC.MI Yearly EPS VS EstimatesIRC.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 0.2 0.3 0.4

7

4. IRC.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 9.83 indicates a reasonable valuation of IRC.
  • IRC's Price/Earnings ratio is rather cheap when compared to the industry. IRC is cheaper than 96.00% of the companies in the same industry.
  • IRC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.79.
  • With a Price/Forward Earnings ratio of 6.05, the valuation of IRC can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, IRC is valued cheaply inside the industry as 97.33% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 38.88. IRC is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 9.83
Fwd PE 6.05
IRC.MI Price Earnings VS Forward Price EarningsIRC.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, IRC is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.3
IRC.MI Per share dataIRC.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • IRC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • IRC's earnings are expected to grow with 21.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.36
PEG (5Y)0.55
EPS Next 2Y21.77%
EPS Next 3YN/A

6

5. IRC.MI Dividend Analysis

5.1 Amount

  • IRC has a Yearly Dividend Yield of 2.78%. Purely for dividend investing, there may be better candidates out there.
  • IRC's Dividend Yield is rather good when compared to the industry average which is at 0.81. IRC pays more dividend than 92.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, IRC pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.78%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • IRC pays out 25.68% of its income as dividend. This is a sustainable payout ratio.
DP25.68%
EPS Next 2Y21.77%
EPS Next 3YN/A
IRC.MI Yearly Income VS Free CF VS DividendIRC.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M
IRC.MI Dividend Payout.IRC.MI Dividend Payout, showing the Payout Ratio.IRC.MI Dividend Payout.PayoutRetained Earnings

IRC.MI Fundamentals: All Metrics, Ratios and Statistics

IRCE SPA

BIT:IRC (4/22/2026, 4:03:36 PM)

2.26

+0.03 (+1.35%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners0.42%
Inst Owner ChangeN/A
Ins Owners6.92%
Ins Owner ChangeN/A
Market Cap63.57M
Revenue(TTM)377.64M
Net Income(TTM)6.18M
Analysts80
Price Target2.96 (30.97%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.78%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP25.68%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-14.71%
PT rev (3m)-14.71%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-19.57%
EPS NY rev (3m)-19.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-6.35%
Revenue NY rev (3m)-6.35%
Valuation
Industry RankSector Rank
PE 9.83
Fwd PE 6.05
P/S 0.17
P/FCF N/A
P/OCF N/A
P/B 0.41
P/tB 0.41
EV/EBITDA 5.3
EPS(TTM)0.23
EY10.18%
EPS(NY)0.37
Fwd EY16.54%
FCF(TTM)-0.71
FCFYN/A
OCF(TTM)-0.01
OCFYN/A
SpS13.42
BVpS5.56
TBVpS5.55
PEG (NY)0.36
PEG (5Y)0.55
Graham Number5.36167 (137.24%)
Profitability
Industry RankSector Rank
ROA 2.15%
ROE 3.95%
ROCE 4.91%
ROIC 2.3%
ROICexc 2.48%
ROICexgc 2.48%
OM 2.6%
PM (TTM) 1.64%
GM 22.28%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y2.9%
OM growth 5Y19.13%
PM growth 3Y-6.93%
PM growth 5Y12.12%
GM growth 3Y2.95%
GM growth 5Y0.73%
F-Score3
Asset Turnover1.32
Health
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF N/A
Debt/EBITDA 4.96
Cap/Depr 288.93%
Cap/Sales 5.19%
Interest Coverage 4.17
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.1
Quick Ratio 0.91
Altman-Z 2.68
F-Score3
WACC8.62%
ROIC/WACC0.27
Cap/Depr(3y)325.63%
Cap/Depr(5y)253.36%
Cap/Sales(3y)5.68%
Cap/Sales(5y)4.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.36%
EPS 3Y-12.39%
EPS 5Y17.9%
EPS Q2Q%560.76%
EPS Next Y27.59%
EPS Next 2Y21.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.03%
Revenue growth 3Y-6%
Revenue growth 5Y5.04%
Sales Q2Q%1.21%
Revenue Next Year3.42%
Revenue Next 2Y6.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-31.33%
EBIT growth 3Y-3.28%
EBIT growth 5Y25.14%
EBIT Next Year68.26%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-14.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-102.59%
OCF growth 3YN/A
OCF growth 5YN/A

IRCE SPA / IRC.MI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of IRCE SPA (IRC.MI) stock?

ChartMill assigns a fundamental rating of 5 / 10 to IRC.MI.


What is the valuation status for IRC stock?

ChartMill assigns a valuation rating of 7 / 10 to IRCE SPA (IRC.MI). This can be considered as Undervalued.


Can you provide the profitability details for IRCE SPA?

IRCE SPA (IRC.MI) has a profitability rating of 4 / 10.


What is the financial health of IRCE SPA (IRC.MI) stock?

The financial health rating of IRCE SPA (IRC.MI) is 3 / 10.


What is the expected EPS growth for IRCE SPA (IRC.MI) stock?

The Earnings per Share (EPS) of IRCE SPA (IRC.MI) is expected to grow by 27.59% in the next year.