IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - BIT:IRE - IT0003027817 - Common Stock
2.688 EUR
+0.02 (+0.67%)
IRE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 14 industry peers in the Multi-Utilities industry. While IRE is still in line with the averages on profitability rating, there are concerns on its financial health. 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.
IRE had a positive operating cash flow in the past year.
Each year in the past 5 years IRE has been profitable.
In the past 5 years IRE always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of IRE (3.96%) is better than 64.29% of its industry peers.
IRE has a Return On Equity (14.70%) which is comparable to the rest of the industry.
IRE has a better Return On Invested Capital (6.54%) than 64.29% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IRE is below the industry average of 6.51%.
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
With a Profit Margin value of 4.85%, IRE perfoms like the industry average, outperforming 42.86% of the companies in the same 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 42.86% of the companies in the same industry.
In the last couple of years the Operating Margin of IRE has declined.
IRE has a better Gross Margin (59.21%) than 78.57% 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
IRE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for IRE remains at a similar level compared to 1 year ago.
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
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.
Looking at the Altman-Z score, with a value of 1.47, IRE is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
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.
IRE has a Debt to FCF ratio of 20.33. This is in the better half of the industry: IRE outperforms 64.29% 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.
Looking at the Debt to Equity ratio, with a value of 1.47, IRE is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.47 |
ROIC/WACC1.44
WACC4.53%
2.3 Liquidity
A Current Ratio of 0.87 indicates that IRE may have some problems paying its short term obligations.
With a Current ratio value of 0.87, IRE is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
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.
The Quick ratio of IRE (0.85) is worse than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
IRE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.57%, which is quite good.
Measured over the past 5 years, IRE shows a small growth in Earnings Per Share. The EPS has been growing by 2.80% on average per year.
The Revenue has grown by 15.47% in the past year. This is quite good.
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
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 2.71% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.07, the valuation of IRE can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of IRE indicates a rather cheap valuation: IRE is cheaper than 92.86% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.49, IRE is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.69, the valuation of IRE can be described as very reasonable.
Based on the Price/Forward Earnings ratio, IRE is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
IRE is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.07 | ||
| Fwd PE | 10.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IRE is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, IRE is valued a bit cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.25 | ||
| EV/EBITDA | 4.92 |
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)0.49
PEG (5Y)2.52
EPS Next 2Y9.47%
EPS Next 3Y7.28%
5. Dividend
5.1 Amount
IRE has a Yearly Dividend Yield of 4.79%, which is a nice return.
IRE's Dividend Yield is a higher than the industry average which is at 4.85.
IRE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
5.2 History
On average, the dividend of IRE grows each year by 15.97%, which is quite nice.
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.
IRE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.26%
EPS Next 2Y9.47%
EPS Next 3Y7.28%
BIT:IRE (10/15/2025, 5:35:15 PM)
2.688
+0.02 (+0.67%)
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 Cap3.50B
Analysts88
Price Target2.92 (8.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.79% |
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 | 7.07 | ||
| Fwd PE | 10.69 | ||
| P/S | 0.35 | ||
| P/FCF | 14.25 | ||
| P/OCF | 3.11 | ||
| P/B | 1.05 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.92 |
EPS(TTM)0.38
EY14.14%
EPS(NY)0.25
Fwd EY9.36%
FCF(TTM)0.19
FCFY7.02%
OCF(TTM)0.86
OCFY32.13%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.49
PEG (5Y)2.52
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 | 1.47 |
F-Score6
WACC4.53%
ROIC/WACC1.44
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%