IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - BIT:IRE - IT0003027817 - Common Stock
2.552 EUR
-0.01 (-0.55%)
Overall IRE gets a fundamental rating of 5 out of 10. We evaluated IRE against 13 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
1. Profitability
1.1 Basic Checks
In the past year IRE was profitable.
IRE had a positive operating cash flow in the past year.
IRE had positive earnings in each of the past 5 years.
In the past 5 years IRE always reported a positive cash flow from operatings.
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 69.23% of the companies in the same industry.
IRE has a Return On Equity (14.70%) which is in line with its industry peers.
IRE has a better Return On Invested Capital (6.54%) than 69.23% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IRE is below the industry average of 6.69%.
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's Profit Margin of 4.85% is in line compared to the rest of the industry. IRE outperforms 53.85% of its industry peers.
In the last couple of years the Profit Margin of IRE has declined.
The Operating Margin of IRE (8.86%) is comparable to the rest of the industry.
IRE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 59.21%, IRE belongs to the top of the industry, outperforming 84.62% 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.
Compared to 5 years ago, IRE has less shares outstanding
The debt/assets ratio for IRE is higher compared to a year ago.
2.2 Solvency
IRE has an Altman-Z score of 1.46. This is a bad value and indicates that IRE is not financially healthy and even has some risk of bankruptcy.
IRE has a better Altman-Z score (1.46) than 76.92% of its industry peers.
IRE has a debt to FCF ratio of 20.33. This is a negative value and a sign of low solvency as IRE would need 20.33 years to pay back of all of its debts.
IRE has a better Debt to FCF ratio (20.33) than 61.54% of its industry peers.
IRE has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
IRE has a Debt to Equity ratio of 1.47. This is in the better half of the industry: IRE outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.46 |
ROIC/WACC1.47
WACC4.44%
2.3 Liquidity
IRE has a Current 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 Current ratio of 0.87. This is in the lower half of the industry: IRE underperforms 61.54% of its industry peers.
A Quick Ratio of 0.85 indicates that IRE may have some problems paying its short term obligations.
IRE has a worse Quick ratio (0.85) than 61.54% of 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.
The Earnings Per Share has been growing slightly by 2.80% on average over the past years.
IRE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.47%.
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
IRE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.28% yearly.
Based on estimates for the next years, IRE will show a small growth in Revenue. The Revenue will grow by 2.80% on average per year.
EPS Next Y14.44%
EPS Next 2Y9.02%
EPS Next 3Y7.28%
EPS Next 5YN/A
Revenue Next Year13.53%
Revenue Next 2Y6.99%
Revenue Next 3Y5.4%
Revenue Next 5Y2.8%
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
With a Price/Earnings ratio of 6.72, the valuation of IRE can be described as very cheap.
Based on the Price/Earnings ratio, IRE is valued cheaper than 92.31% of the companies in the same industry.
IRE is valuated cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.23, which indicates a very decent valuation of IRE.
69.23% of the companies in the same industry are more expensive than IRE, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, IRE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.72 | ||
| Fwd PE | 10.23 |
4.2 Price Multiples
IRE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. IRE is cheaper than 76.92% of the companies in the same industry.
IRE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. IRE is cheaper than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.53 | ||
| EV/EBITDA | 4.84 |
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.
The decent profitability rating of IRE may justify a higher PE ratio.
PEG (NY)0.47
PEG (5Y)2.4
EPS Next 2Y9.02%
EPS Next 3Y7.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.97%, IRE is a good candidate for dividend investing.
IRE's Dividend Yield is a higher than the industry average which is at 5.17.
IRE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
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 2Y9.02%
EPS Next 3Y7.28%
BIT:IRE (9/17/2025, 7:00:00 PM)
2.552
-0.01 (-0.55%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners13.33%
Inst Owner ChangeN/A
Ins Owners3.85%
Ins Owner ChangeN/A
Market Cap3.32B
Analysts88
Price Target2.92 (14.42%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
Yearly Dividend0.15
Dividend Growth(5Y)15.97%
DP67.26%
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)0%
PT rev (3m)2.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.23%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.72 | ||
| Fwd PE | 10.23 | ||
| P/S | 0.33 | ||
| P/FCF | 13.53 | ||
| P/OCF | 2.96 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.84 |
EPS(TTM)0.38
EY14.89%
EPS(NY)0.25
Fwd EY9.78%
FCF(TTM)0.19
FCFY7.39%
OCF(TTM)0.86
OCFY33.84%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.47
PEG (5Y)2.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.96% | ||
| ROE | 14.7% | ||
| ROCE | 9.53% | ||
| ROIC | 6.54% | ||
| ROICexc | 6.67% | ||
| ROICexgc | 11.33% | ||
| OM | 8.86% | ||
| PM (TTM) | 4.85% | ||
| GM | 59.21% | ||
| FCFM | 2.43% |
ROA(3y)2.1%
ROA(5y)2.36%
ROE(3y)8.88%
ROE(5y)9.69%
ROIC(3y)4.03%
ROIC(5y)4.1%
ROICexc(3y)4.46%
ROICexc(5y)4.62%
ROICexgc(3y)7.57%
ROICexgc(5y)7.78%
ROCE(3y)5.79%
ROCE(5y)5.81%
ROICexcg growth 3Y-9.11%
ROICexcg growth 5Y-2.08%
ROICexc growth 3Y-7.83%
ROICexc growth 5Y-3.46%
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%
F-Score6
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 128.05% | ||
| Cap/Sales | 8.68% | ||
| Interest Coverage | 7.53 | ||
| Cash Conversion | 71.05% | ||
| Profit Quality | 50.11% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 1.46 |
F-Score6
WACC4.44%
ROIC/WACC1.47
Cap/Depr(3y)147.56%
Cap/Depr(5y)N/A
Cap/Sales(3y)13.17%
Cap/Sales(5y)14.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.57%
EPS 3Y-3.11%
EPS 5Y2.8%
EPS Q2Q%26.41%
EPS Next Y14.44%
EPS Next 2Y9.02%
EPS Next 3Y7.28%
EPS Next 5YN/A
Revenue 1Y (TTM)15.47%
Revenue growth 3Y6.94%
Revenue growth 5Y7.66%
Sales Q2Q%27.29%
Revenue Next Year13.53%
Revenue Next 2Y6.99%
Revenue Next 3Y5.4%
Revenue Next 5Y2.8%
EBIT growth 1Y11.98%
EBIT growth 3Y3.4%
EBIT growth 5Y2.64%
EBIT Next Year157.81%
EBIT Next 3Y41.03%
EBIT Next 5Y25.56%
FCF growth 1Y361.86%
FCF growth 3Y9.49%
FCF growth 5Y4.74%
OCF growth 1Y36.7%
OCF growth 3Y4.45%
OCF growth 5Y8.37%