IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - BIT:IRE - IT0003027817 - Common Stock
2.548 EUR
+0.03 (+1.11%)
We assign a fundamental rating of 5 out of 10 to IRE. IRE was compared to 15 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
IRE had positive earnings in the past year.
In the past year IRE had a positive cash flow from operations.
IRE had positive earnings in each of the past 5 years.
IRE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IRE has a better Return On Assets (3.96%) than 73.33% of its industry peers.
IRE's Return On Equity of 14.70% is on the low side compared to the rest of the industry. IRE is outperformed by 60.00% of its industry peers.
IRE has a better Return On Invested Capital (6.54%) than 73.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IRE is below the industry average of 6.38%.
The last Return On Invested Capital (6.54%) for IRE is above the 3 year average (4.03%), which is a sign of increasing profitability.
| 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
The Profit Margin of IRE (4.85%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of IRE has declined.
Looking at the Operating Margin, with a value of 8.86%, IRE is in line with its industry, outperforming 46.67% of the companies in the same industry.
IRE's Operating Margin has declined in the last couple of years.
The Gross Margin of IRE (59.21%) is better than 80.00% of its industry peers.
In the last couple of years the Gross Margin of IRE has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IRE is creating some value.
Compared to 1 year ago, IRE has about the same amount of shares outstanding.
IRE has less shares outstanding than it did 5 years ago.
The debt/assets ratio for IRE is higher compared to a year ago.
2.2 Solvency
IRE has an Altman-Z score of 1.45. This is a bad value and indicates that IRE is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.45, IRE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
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 Debt to FCF ratio of 20.33. This is in the better half of the industry: IRE outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 1.47 is on the high side and indicates that IRE has dependencies on debt financing.
The Debt to Equity ratio of IRE (1.47) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.45 |
ROIC/WACC1.47
WACC4.46%
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.
The Current ratio of IRE (0.87) is worse than 60.00% of its industry peers.
A Quick Ratio of 0.85 indicates that IRE may have some problems paying its short term obligations.
IRE's Quick ratio of 0.85 is on the low side compared to the rest of the industry. IRE is outperformed by 60.00% 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.
Looking at the last year, IRE shows a quite strong growth in Revenue. The Revenue has grown by 15.47% in the last year.
The Revenue has been growing slightly by 7.66% on average over the past years.
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 7.28% 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 2.71% yearly.
EPS Next Y14.44%
EPS Next 2Y9.47%
EPS Next 3Y7.28%
EPS Next 5YN/A
Revenue Next Year13.53%
Revenue Next 2Y6.99%
Revenue Next 3Y5.4%
Revenue Next 5Y2.71%
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
The Price/Earnings ratio is 6.71, which indicates a rather cheap valuation of IRE.
93.33% of the companies in the same industry are more expensive than IRE, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 25.83, IRE is valued rather cheaply.
The Price/Forward Earnings ratio is 10.13, which indicates a very decent valuation of IRE.
IRE's Price/Forward Earnings ratio is rather cheap when compared to the industry. IRE is cheaper than 93.33% of the companies in the same industry.
IRE is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.71 | ||
| Fwd PE | 10.13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IRE is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
80.00% of the companies in the same industry are more expensive than IRE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.5 | ||
| EV/EBITDA | 4.8 |
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)0.46
PEG (5Y)2.39
EPS Next 2Y9.47%
EPS Next 3Y7.28%
5. Dividend
5.1 Amount
IRE has a Yearly Dividend Yield of 4.82%, which is a nice return.
Compared to an average industry Dividend Yield of 4.84, IRE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, IRE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
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 2Y9.47%
EPS Next 3Y7.28%
BIT:IRE (11/7/2025, 7:00:00 PM)
2.548
+0.03 (+1.11%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners12.99%
Inst Owner ChangeN/A
Ins Owners3.85%
Ins Owner ChangeN/A
Market Cap3.31B
Revenue(TTM)10.11B
Net Income(TTM)489.85M
Analysts88
Price Target2.92 (14.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
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%
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 | 6.71 | ||
| Fwd PE | 10.13 | ||
| P/S | 0.33 | ||
| P/FCF | 13.5 | ||
| P/OCF | 2.95 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.8 |
EPS(TTM)0.38
EY14.91%
EPS(NY)0.25
Fwd EY9.87%
FCF(TTM)0.19
FCFY7.41%
OCF(TTM)0.86
OCFY33.89%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.46
PEG (5Y)2.39
Graham Number4.68
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%
ROICexgc growth 3Y-9.11%
ROICexgc 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 | 1.45 |
F-Score6
WACC4.46%
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 2Y9.47%
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 5Y2.71%
EBIT growth 1Y11.98%
EBIT growth 3Y3.4%
EBIT growth 5Y2.64%
EBIT Next Year158.56%
EBIT Next 3Y41.38%
EBIT Next 5Y25.45%
FCF growth 1Y361.86%
FCF growth 3Y9.49%
FCF growth 5Y4.74%
OCF growth 1Y36.7%
OCF growth 3Y4.45%
OCF growth 5Y8.37%
IREN SPA / IRE.MI FAQ
What is the fundamental rating for IRE stock?
ChartMill assigns a fundamental rating of 5 / 10 to IRE.MI.
What is the valuation status for IRE stock?
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 financial health of IREN SPA (IRE.MI) stock?
The financial health rating of IREN SPA (IRE.MI) is 3 / 10.
Can you provide the dividend sustainability for IRE stock?
The dividend rating of IREN SPA (IRE.MI) is 6 / 10 and the dividend payout ratio is 67.26%.