IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:IRE • IT0003027817
2.71 EUR
-0.01 (-0.44%)
Last: Feb 3, 2026, 02:32 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on IRE. IRE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year IRE was profitable.
- In the past year IRE had a positive cash flow from operations.
- 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
- IRE has a better Return On Assets (3.96%) than 76.47% of its industry peers.
- Looking at the Return On Equity, with a value of 14.70%, IRE is in line with its industry, outperforming 52.94% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 6.54%, IRE is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
- 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
- With a Profit Margin value of 4.85%, IRE is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
- IRE's Profit Margin has declined in the last couple of years.
- IRE has a Operating Margin of 8.86%. This is in the lower half of the industry: IRE underperforms 64.71% of its industry peers.
- IRE's Operating Margin has declined in the last couple of years.
- IRE's Gross Margin of 59.21% is fine compared to the rest of the industry. IRE outperforms 70.59% 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.
- The debt/assets ratio for IRE is higher compared to a year ago.
2.2 Solvency
- IRE has an Altman-Z score of 1.47. 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 1.47, IRE belongs to the top of the industry, outperforming 82.35% 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 amongst the best in the industry. IRE outperforms 82.35% 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 comparable to the rest of the industry: IRE outperforms 58.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.47 |
ROIC/WACC1.43
WACC4.56%
2.3 Liquidity
- A Current Ratio of 0.87 indicates that IRE may have some problems paying its short term obligations.
- IRE has a Current ratio of 0.87. This is in the lower half of the industry: IRE underperforms 70.59% 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 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
- 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.
- IRE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.80% yearly.
- IRE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.47%.
- 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 7.21% on average over the next years.
- Based on estimates for the next years, IRE will show a small growth in Revenue. The Revenue will grow by 2.45% on average per year.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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 7.13, the valuation of IRE can be described as very cheap.
- Based on the Price/Earnings ratio, IRE is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
- IRE is valuated cheaply when we compare the Price/Earnings ratio to 28.41, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 11.33, the valuation of IRE can be described as reasonable.
- Based on the Price/Forward Earnings ratio, IRE is valued cheaper than 100.00% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of IRE to the average of the S&P500 Index (25.64), we can say IRE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 11.33 |
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.
- IRE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. IRE is cheaper than 82.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.36 | ||
| EV/EBITDA | 4.97 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.65
PEG (5Y)2.54
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.
- IRE's Dividend Yield is rather good when compared to the industry average which is at 4.26. IRE pays more dividend than 82.35% of the companies in the same industry.
- IRE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| 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
- IRE pays out 67.26% of its income as dividend. 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 2Y6.74%
EPS Next 3Y5.97%
BIT:IRE (2/3/2026, 2:32:43 PM)
2.71
-0.01 (-0.44%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)11-13 2025-11-13
Earnings (Next)03-23 2026-03-23/amc
Inst Owners13.73%
Inst Owner ChangeN/A
Ins Owners3.85%
Ins Owner ChangeN/A
Market Cap3.53B
Revenue(TTM)10.11B
Net Income(TTM)489.85M
Analysts78
Price Target2.98 (9.96%)
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)2.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.04%
EPS NY rev (3m)-3.07%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.13 | ||
| Fwd PE | 11.33 | ||
| P/S | 0.35 | ||
| P/FCF | 14.36 | ||
| P/OCF | 3.14 | ||
| P/B | 1.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.97 |
EPS(TTM)0.38
EY14.02%
EPS(NY)0.24
Fwd EY8.82%
FCF(TTM)0.19
FCFY6.96%
OCF(TTM)0.86
OCFY31.87%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.65
PEG (5Y)2.54
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 | 1.47 |
F-Score6
WACC4.56%
ROIC/WACC1.43
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 Y10.92%
EPS Next 2Y6.74%
EPS Next 3Y5.97%
EPS Next 5Y7.21%
Revenue 1Y (TTM)15.47%
Revenue growth 3Y6.94%
Revenue growth 5Y7.66%
Sales Q2Q%27.29%
Revenue Next Year12.86%
Revenue Next 2Y6.13%
Revenue Next 3Y4.71%
Revenue Next 5Y2.45%
EBIT growth 1Y11.98%
EBIT growth 3Y3.4%
EBIT growth 5Y2.64%
EBIT Next Year156.87%
EBIT Next 3Y40.4%
EBIT Next 5Y23.79%
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
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%.