IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IRE - IT0003027817 - Common Stock
2.532 EUR
-0.01 (-0.24%)
We assign a fundamental rating of 5 out of 10 to IRE. IRE was compared to 17 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 IRE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year IRE was profitable.
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
IRE has a better Return On Assets (3.96%) than 76.47% of its industry peers.
IRE has a Return On Equity (14.70%) which is in line with its industry peers.
IRE's Return On Invested Capital of 6.54% is fine compared to the rest of the industry. IRE outperforms 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 6.16%.
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 comparable to the rest of the industry.
In the last couple of years the Profit Margin of IRE has declined.
With a Operating Margin value of 8.86%, IRE perfoms like the industry average, outperforming 47.06% 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 76.47% 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.
IRE has about the same amout of shares outstanding than it did 1 year ago.
IRE has less shares outstanding than it did 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.
IRE has a Altman-Z score of 1.46. This is amongst the best in the industry. IRE outperforms 82.35% of its industry peers.
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 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 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.46 |
ROIC/WACC1.48
WACC4.41%
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.
With a Current ratio value of 0.87, IRE perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
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 comparable to the rest of the industry.
| 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.
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
Based on estimates for the next years, IRE will show a small growth in Earnings Per Share. The EPS will grow by 7.21% on average per year.
Based on estimates for the next years, IRE will show a small growth in Revenue. The Revenue will grow by 2.75% on average per year.
EPS Next Y10.88%
EPS Next 2Y6.43%
EPS Next 3Y6.04%
EPS Next 5Y7.21%
Revenue Next Year12.86%
Revenue Next 2Y6.12%
Revenue Next 3Y4.7%
Revenue Next 5Y2.75%
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
Based on the Price/Earnings ratio of 6.66, 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.
When comparing the Price/Earnings ratio of IRE to the average of the S&P500 Index (26.34), we can say IRE is valued rather cheaply.
A Price/Forward Earnings ratio of 10.65 indicates a reasonable valuation of IRE.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IRE indicates a rather cheap valuation: IRE is cheaper than 94.12% of the companies listed in the same industry.
IRE is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.66 | ||
| Fwd PE | 10.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IRE is valued 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 | 13.42 | ||
| EV/EBITDA | 4.82 |
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)0.61
PEG (5Y)2.38
EPS Next 2Y6.43%
EPS Next 3Y6.04%
5. Dividend
5.1 Amount
IRE has a Yearly Dividend Yield of 5.01%, which is a nice return.
IRE's Dividend Yield is rather good when compared to the industry average which is at 4.64. IRE pays more dividend than 82.35% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, IRE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.01% |
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 2Y6.43%
EPS Next 3Y6.04%
BIT:IRE (12/9/2025, 4:27:42 PM)
2.532
-0.01 (-0.24%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners13.49%
Inst Owner ChangeN/A
Ins Owners3.85%
Ins Owner ChangeN/A
Market Cap3.29B
Revenue(TTM)10.11B
Net Income(TTM)489.85M
Analysts78
Price Target2.98 (17.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.01% |
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)2.1%
PT rev (3m)2.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.45%
EPS NY rev (3m)-3.11%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.38%
Revenue NY rev (3m)-0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.66 | ||
| Fwd PE | 10.65 | ||
| P/S | 0.33 | ||
| P/FCF | 13.42 | ||
| P/OCF | 2.93 | ||
| P/B | 0.99 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.82 |
EPS(TTM)0.38
EY15.01%
EPS(NY)0.24
Fwd EY9.39%
FCF(TTM)0.19
FCFY7.45%
OCF(TTM)0.86
OCFY34.11%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.61
PEG (5Y)2.38
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
WACC4.41%
ROIC/WACC1.48
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 Y10.88%
EPS Next 2Y6.43%
EPS Next 3Y6.04%
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 2Y6.12%
Revenue Next 3Y4.7%
Revenue Next 5Y2.75%
EBIT growth 1Y11.98%
EBIT growth 3Y3.4%
EBIT growth 5Y2.64%
EBIT Next Year156.87%
EBIT Next 3Y40.4%
EBIT Next 5Y24.14%
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 7 / 10 and the dividend payout ratio is 67.26%.