IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:IRE - IT0003027817 - Common Stock
2.558 EUR
+0 (+0.08%)
IRE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 18 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 Finally IRE also has an excellent dividend rating.
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.
IRE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.96%, IRE is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
IRE has a Return On Equity of 14.70%. This is comparable to the rest of the industry: IRE outperforms 55.56% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.54%, IRE is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for IRE is in line with the industry average of 5.73%.
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
Looking at the Profit Margin, with a value of 4.85%, IRE is doing worse than 61.11% of the companies in the same industry.
IRE's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 8.86%, IRE is not doing good in the industry: 61.11% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of IRE has declined.
IRE's Gross Margin of 59.21% is fine compared to the rest of the industry. IRE outperforms 72.22% 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.
Compared to 5 years ago, IRE has less shares outstanding
Compared to 1 year ago, IRE has a worse debt to assets ratio.
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 better Altman-Z score (1.46) than 83.33% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 20.33, IRE belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
A Debt/Equity ratio of 1.47 is on the high side and indicates that IRE has dependencies on debt financing.
With a Debt to Equity ratio value of 1.47, IRE perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.46 |
ROIC/WACC1.48
WACC4.42%
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: 66.67% of the companies in the same industry are doing better.
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 comparable to the rest of the industry.
| 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.
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.
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
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.
The Revenue is expected to grow by 2.75% on average over the next years.
EPS Next Y10.88%
EPS Next 2Y6.43%
EPS Next 3Y6.04%
EPS Next 5Y7.21%
Revenue Next Year12.86%
Revenue Next 2Y6.13%
Revenue Next 3Y4.71%
Revenue Next 5Y2.75%
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
Based on the Price/Earnings ratio of 6.73, the valuation of IRE can be described as very cheap.
Based on the Price/Earnings ratio, IRE is valued cheaper than 94.44% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.51, IRE is valued rather cheaply.
IRE is valuated reasonably with a Price/Forward Earnings ratio of 10.76.
Based on the Price/Forward Earnings ratio, IRE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of IRE to the average of the S&P500 Index (23.13), we can say IRE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.73 | ||
| Fwd PE | 10.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IRE is valued cheaply inside the industry as 94.44% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IRE indicates a rather cheap valuation: IRE is cheaper than 83.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.56 | ||
| EV/EBITDA | 4.83 |
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)0.62
PEG (5Y)2.4
EPS Next 2Y6.43%
EPS Next 3Y6.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.06%, IRE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.49, IRE pays a better dividend. On top of this IRE pays more dividend than 83.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, IRE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.06% |
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
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 2Y6.43%
EPS Next 3Y6.04%
BIT:IRE (1/2/2026, 9:08:14 AM)
2.558
+0 (+0.08%)
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 Cap3.33B
Revenue(TTM)10.11B
Net Income(TTM)489.85M
Analysts78
Price Target2.98 (16.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.06% |
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)2.82%
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 | 6.73 | ||
| Fwd PE | 10.76 | ||
| P/S | 0.33 | ||
| P/FCF | 13.56 | ||
| P/OCF | 2.96 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.83 |
EPS(TTM)0.38
EY14.86%
EPS(NY)0.24
Fwd EY9.29%
FCF(TTM)0.19
FCFY7.38%
OCF(TTM)0.86
OCFY33.76%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.62
PEG (5Y)2.4
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
WACC4.42%
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 2Y6.13%
Revenue Next 3Y4.71%
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
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 10.88% 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%.