IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - BIT:IRE - IT0003027817 - Common Stock
2.606 EUR
+0.03 (+1.01%)
Overall IRE gets a fundamental rating of 5 out of 10. We evaluated IRE against 13 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on IRE.
1. Profitability
1.1 Basic Checks
In the past year IRE was profitable.
IRE had a positive operating cash flow in the past year.
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
IRE has a better Return On Assets (3.96%) than 69.23% of its industry peers.
IRE has a worse Return On Equity (14.70%) than 61.54% of its industry peers.
IRE has a better Return On Invested Capital (6.54%) than 69.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IRE is below the industry average of 6.66%.
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
With a Profit Margin value of 4.85%, IRE perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
In the last couple of years the Profit Margin of IRE has declined.
IRE has a Operating Margin (8.86%) which is in line with its industry peers.
In the last couple of years the Operating Margin of IRE has declined.
IRE has a Gross Margin of 59.21%. This is amongst the best in the industry. IRE outperforms 84.62% 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.
Compared to 5 years ago, IRE has less shares outstanding
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's Altman-Z score of 1.46 is fine compared to the rest of the industry. IRE outperforms 76.92% 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.
Looking at the Debt to FCF ratio, with a value of 20.33, IRE is in the better half of the industry, outperforming 61.54% 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 decent Debt to Equity ratio value of 1.47, IRE is doing good in the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.46 |
ROIC/WACC1.46
WACC4.47%
2.3 Liquidity
A Current Ratio of 0.87 indicates that IRE may have some problems paying its short term obligations.
IRE's Current ratio of 0.87 is on the low side compared to the rest of the industry. IRE is outperformed by 69.23% of its industry peers.
A Quick Ratio of 0.85 indicates that IRE may have some problems paying its short term obligations.
The Quick ratio of IRE (0.85) is worse than 69.23% 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.
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.
Looking at the last year, IRE shows a quite strong growth in Revenue. The Revenue has grown by 15.47% in the last year.
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 7.28% on average per year.
IRE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.80% yearly.
EPS Next Y14.44%
EPS Next 2Y9.02%
EPS Next 3Y7.28%
EPS Next 5YN/A
Revenue Next Year13.53%
Revenue Next 2Y6.99%
Revenue Next 3Y5.4%
Revenue Next 5Y2.8%
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
The Price/Earnings ratio is 6.86, which indicates a rather cheap valuation of IRE.
IRE's Price/Earnings ratio is rather cheap when compared to the industry. IRE is cheaper than 92.31% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. IRE is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.45, which indicates a very decent valuation of IRE.
Based on the Price/Forward Earnings ratio, IRE is valued a bit cheaper than 61.54% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of IRE to the average of the S&P500 Index (22.73), we can say IRE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.86 | ||
| Fwd PE | 10.45 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IRE indicates a somewhat cheap valuation: IRE is cheaper than 69.23% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, IRE is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.81 | ||
| EV/EBITDA | 4.87 |
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)0.48
PEG (5Y)2.45
EPS Next 2Y9.02%
EPS Next 3Y7.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.97%, IRE is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.43, 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 | 4.97% |
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 2Y9.02%
EPS Next 3Y7.28%
BIT:IRE (9/12/2025, 7:00:00 PM)
2.606
+0.03 (+1.01%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners13.33%
Inst Owner ChangeN/A
Ins Owners3.85%
Ins Owner ChangeN/A
Market Cap3.39B
Analysts88
Price Target2.92 (12.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
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)0.23%
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 | 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 | 4.87 |
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)0.48
PEG (5Y)2.45
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 | 1.46 |
F-Score6
WACC4.47%
ROIC/WACC1.46
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 2Y9.02%
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 5Y2.8%
EBIT growth 1Y11.98%
EBIT growth 3Y3.4%
EBIT growth 5Y2.64%
EBIT Next Year157.81%
EBIT Next 3Y41.03%
EBIT Next 5Y25.56%
FCF growth 1Y361.86%
FCF growth 3Y9.49%
FCF growth 5Y4.74%
OCF growth 1Y36.7%
OCF growth 3Y4.45%
OCF growth 5Y8.37%