IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:IRE • IT0003027817
2.722 EUR
+0.02 (+0.89%)
Last: Feb 2, 2026, 03:25 PM
Overall IRE gets a fundamental rating of 5 out of 10. We evaluated IRE against 17 industry peers in the Multi-Utilities industry. IRE has a medium profitability rating, but doesn't score so well on its financial health evaluation. IRE may be a bit undervalued, certainly considering the very reasonable score on growth IRE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year IRE was profitable.
- IRE had a positive operating cash flow in the past year.
- Each year in the past 5 years IRE has been profitable.
- IRE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 3.96%, IRE is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
- IRE's Return On Equity of 14.70% is in line compared to the rest of the industry. IRE outperforms 52.94% of its industry peers.
- The Return On Invested Capital of IRE (6.54%) is better than 76.47% of its industry peers.
- IRE had an Average Return On Invested Capital over the past 3 years of 4.03%. This is in line with the industry average of 5.95%.
- The 3 year average ROIC (4.03%) for IRE is below the current ROIC(6.54%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 14.7% | ||
| ROIC | 6.54% |
ROA(3y)2.1%
ROA(5y)2.36%
ROE(3y)8.88%
ROE(5y)9.69%
ROIC(3y)4.03%
ROIC(5y)4.1%
1.3 Margins
- IRE has a worse Profit Margin (4.85%) than 64.71% of its industry peers.
- In the last couple of years the Profit Margin of IRE has declined.
- IRE has a worse Operating Margin (8.86%) than 64.71% of its industry peers.
- IRE's Operating Margin has declined in the last couple of years.
- With a decent Gross Margin value of 59.21%, IRE is doing good in the industry, outperforming 70.59% of the companies in the same industry.
- IRE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.86% | ||
| PM (TTM) | 4.85% | ||
| GM | 59.21% |
OM growth 3Y-3.32%
OM growth 5Y-4.67%
PM growth 3Y-10.2%
PM growth 5Y-4.72%
GM growth 3Y2.02%
GM growth 5Y-0.89%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IRE is still creating some value.
- IRE has about the same amout of shares outstanding than it did 1 year ago.
- IRE has less shares outstanding than it did 5 years ago.
- IRE has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.47, we must say that IRE is in the distress zone and has some risk of bankruptcy.
- IRE's Altman-Z score of 1.47 is amongst the best of the industry. IRE outperforms 82.35% of its industry peers.
- The Debt to FCF ratio of IRE is 20.33, which is on the high side as it means it would take IRE, 20.33 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 20.33, IRE belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
- IRE has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of IRE (1.47) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.47 |
ROIC/WACC1.44
WACC4.54%
2.3 Liquidity
- A Current Ratio of 0.87 indicates that IRE may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.87, IRE is doing worse than 70.59% of the companies in the same industry.
- IRE has a Quick Ratio of 0.87. This is a bad value and indicates that IRE is not financially healthy enough and could expect problems in meeting its short term obligations.
- IRE has a Quick ratio (0.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 18.57% over the past year.
- IRE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.80% yearly.
- The Revenue has grown by 15.47% in the past year. This is quite good.
- Measured over the past years, IRE shows a small growth in Revenue. The Revenue has been growing by 7.66% on average per year.
EPS 1Y (TTM)18.57%
EPS 3Y-3.11%
EPS 5Y2.8%
EPS Q2Q%26.41%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y6.94%
Revenue growth 5Y7.66%
Sales Q2Q%27.29%
3.2 Future
- The Earnings Per Share is expected to grow by 7.21% on average over the next years.
- IRE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.45% yearly.
EPS Next Y10.92%
EPS Next 2Y6.74%
EPS Next 3Y5.97%
EPS Next 5Y7.21%
Revenue Next Year12.86%
Revenue Next 2Y6.13%
Revenue Next 3Y4.71%
Revenue Next 5Y2.45%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 7.16 indicates a rather cheap valuation of IRE.
- Based on the Price/Earnings ratio, IRE is valued cheaper than 94.12% of the companies in the same industry.
- When comparing the Price/Earnings ratio of IRE to the average of the S&P500 Index (28.32), we can say IRE is valued rather cheaply.
- A Price/Forward Earnings ratio of 11.38 indicates a reasonable valuation of IRE.
- IRE's Price/Forward Earnings ratio is rather cheap when compared to the industry. IRE is cheaper than 100.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, IRE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.16 | ||
| Fwd PE | 11.38 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, IRE is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, IRE is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.43 | ||
| EV/EBITDA | 4.95 |
4.3 Compensation for Growth
- IRE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.66
PEG (5Y)2.56
EPS Next 2Y6.74%
EPS Next 3Y5.97%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.79%, IRE is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.26, IRE pays a better dividend. On top of this IRE pays more dividend than 82.35% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.83, IRE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
5.2 History
- The dividend of IRE is nicely growing with an annual growth rate of 15.97%!
Dividend Growth(5Y)15.97%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 67.26% of the earnings are spent on dividend by IRE. This is not a sustainable payout ratio.
- The dividend of IRE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP67.26%
EPS Next 2Y6.74%
EPS Next 3Y5.97%
IREN SPA / IRE.MI FAQ
Can you provide the ChartMill fundamental rating for IREN SPA?
ChartMill assigns a fundamental rating of 5 / 10 to IRE.MI.
Can you provide the valuation status for IREN SPA?
ChartMill assigns a valuation rating of 8 / 10 to IREN SPA (IRE.MI). This can be considered as Undervalued.
What is the profitability of IRE stock?
IREN SPA (IRE.MI) has a profitability rating of 5 / 10.
What is the expected EPS growth for IREN SPA (IRE.MI) stock?
The Earnings per Share (EPS) of IREN SPA (IRE.MI) is expected to grow by 10.92% in the next year.
Can you provide the dividend sustainability for IRE stock?
The dividend rating of IREN SPA (IRE.MI) is 7 / 10 and the dividend payout ratio is 67.26%.