IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IRE - IT0003027817 - Common Stock
2.606 EUR
-0.02 (-0.76%)
Taking everything into account, IRE scores 5 out of 10 in our fundamental rating. IRE was compared to 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on IRE.
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.
In the past 5 years IRE has always been profitable.
Each year in the past 5 years IRE had a positive operating cash flow.
1.2 Ratios
IRE has a Return On Assets of 3.96%. This is in the better half of the industry: IRE outperforms 76.47% of its industry peers.
With a Return On Equity value of 14.70%, IRE perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
IRE has a better Return On Invested Capital (6.54%) 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 below the industry average of 6.39%.
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
IRE has a Profit Margin (4.85%) which is in line with 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.
IRE has a better Gross Margin (59.21%) than 82.35% of its industry peers.
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
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.
The number of shares outstanding for IRE has been reduced compared to 5 years ago.
IRE has a worse debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 1.46, IRE belongs to the top of the industry, outperforming 82.35% 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 better Debt to FCF ratio (20.33) than 76.47% 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.
IRE's Debt to Equity ratio of 1.47 is fine compared to the rest of the industry. IRE outperforms 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.46 |
ROIC/WACC1.47
WACC4.45%
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 (0.87) which is comparable to the rest of the industry.
A Quick Ratio of 0.85 indicates that IRE may have some problems paying its short term obligations.
IRE has a Quick ratio of 0.85. This is comparable to the rest of the industry: IRE outperforms 47.06% 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.
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 6.72% on average over the next years.
The Revenue is expected to grow by 3.10% on average over the next years.
EPS Next Y12.51%
EPS Next 2Y9.02%
EPS Next 3Y6.72%
EPS Next 5YN/A
Revenue Next Year14.44%
Revenue Next 2Y6.29%
Revenue Next 3Y4.86%
Revenue Next 5Y3.1%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 6.86, the valuation of IRE can be described as very cheap.
94.12% of the companies in the same industry are more expensive than IRE, based on the Price/Earnings ratio.
IRE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.98.
Based on the Price/Forward Earnings ratio of 10.45, the valuation of IRE can be described as reasonable.
Based on the Price/Forward Earnings ratio, IRE is valued cheaper than 88.24% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.79. IRE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.86 | ||
| Fwd PE | 10.45 |
4.2 Price Multiples
IRE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IRE is cheaper than 94.12% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IRE indicates a rather cheap valuation: IRE is cheaper than 82.35% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.81 | ||
| EV/EBITDA | 4.89 |
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.
IRE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.55
PEG (5Y)2.45
EPS Next 2Y9.02%
EPS Next 3Y6.72%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.86%, IRE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.55, IRE pays a bit more dividend than its industry peers.
IRE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
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.
IRE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP67.26%
EPS Next 2Y9.02%
EPS Next 3Y6.72%
BIT:IRE (11/25/2025, 5:35:15 PM)
2.606
-0.02 (-0.76%)
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 Cap3.39B
Revenue(TTM)10.11B
Net Income(TTM)489.85M
Analysts80
Price Target2.9 (11.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
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)-0.7%
PT rev (3m)-0.7%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.68%
EPS NY rev (3m)-1.68%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.8%
Revenue NY rev (3m)0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.86 | ||
| Fwd PE | 10.45 | ||
| P/S | 0.34 | ||
| P/FCF | 13.81 | ||
| P/OCF | 3.02 | ||
| P/B | 1.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.89 |
EPS(TTM)0.38
EY14.58%
EPS(NY)0.25
Fwd EY9.57%
FCF(TTM)0.19
FCFY7.24%
OCF(TTM)0.86
OCFY33.14%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.55
PEG (5Y)2.45
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 | 1.46 |
F-Score6
WACC4.45%
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 Y12.51%
EPS Next 2Y9.02%
EPS Next 3Y6.72%
EPS Next 5YN/A
Revenue 1Y (TTM)15.47%
Revenue growth 3Y6.94%
Revenue growth 5Y7.66%
Sales Q2Q%27.29%
Revenue Next Year14.44%
Revenue Next 2Y6.29%
Revenue Next 3Y4.86%
Revenue Next 5Y3.1%
EBIT growth 1Y11.98%
EBIT growth 3Y3.4%
EBIT growth 5Y2.64%
EBIT Next Year158.56%
EBIT Next 3Y41.38%
EBIT Next 5Y25.09%
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 9 / 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 6 / 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%.