IREN SPA (IRE.MI) Stock Fundamental Analysis
Europe - BIT:IRE - IT0003027817 - Common Stock
2.55 EUR
+0.08 (+3.24%)
We assign a fundamental rating of 5 out of 10 to IRE. IRE was compared to 14 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.
In the past year IRE had a positive cash flow from operations.
Each year in the past 5 years IRE has been profitable.
Each year in the past 5 years IRE had a positive operating cash flow.
1.2 Ratios
IRE's Return On Assets of 3.96% is fine compared to the rest of the industry. IRE outperforms 71.43% of its industry peers.
IRE's Return On Equity of 14.70% is in line compared to the rest of the industry. IRE outperforms 42.86% of its industry peers.
The Return On Invested Capital of IRE (6.54%) is better than 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IRE is below the industry average of 6.47%.
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
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.
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.
The Gross Margin of IRE (59.21%) is better than 78.57% 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
IRE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
IRE has about the same amout of shares outstanding than it did 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 1.45. This is a bad value and indicates that IRE is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 1.45, IRE is doing good in the industry, outperforming 78.57% 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 better Debt to FCF ratio (20.33) than 64.29% 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 better Debt to Equity ratio (1.47) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 20.33 | ||
| Altman-Z | 1.45 |
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.
IRE's Current ratio of 0.87 is on the low side compared to the rest of the industry. IRE is outperformed by 64.29% 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 of 0.85. This is in the lower half of the industry: IRE underperforms 64.29% of 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.
The Earnings Per Share has been growing slightly by 2.80% on average over the past years.
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 6.72% on average per year.
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
IRE is valuated cheaply with a Price/Earnings ratio of 6.71.
92.86% of the companies in the same industry are more expensive than IRE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.34. IRE is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 10.22, the valuation of IRE can be described as reasonable.
Based on the Price/Forward Earnings ratio, IRE is valued cheaper than 92.86% of the companies in the same industry.
IRE is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.43, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.71 | ||
| Fwd PE | 10.22 |
4.2 Price Multiples
IRE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IRE is cheaper than 92.86% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IRE indicates a somewhat cheap valuation: IRE is cheaper than 78.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.51 | ||
| EV/EBITDA | 4.76 |
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)0.54
PEG (5Y)2.39
EPS Next 2Y9.02%
EPS Next 3Y6.72%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.09%, IRE is a good candidate for dividend investing.
IRE's Dividend Yield is a higher than the industry average which is at 4.86.
IRE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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 2Y9.02%
EPS Next 3Y6.72%
BIT:IRE (11/13/2025, 5:35:15 PM)
2.55
+0.08 (+3.24%)
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 Cap3.32B
Revenue(TTM)10.11B
Net Income(TTM)489.85M
Analysts80
Price Target2.92 (14.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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)-1.68%
EPS NY rev (3m)-1.45%
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 | 6.71 | ||
| Fwd PE | 10.22 | ||
| P/S | 0.33 | ||
| P/FCF | 13.51 | ||
| P/OCF | 2.95 | ||
| P/B | 1 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.76 |
EPS(TTM)0.38
EY14.9%
EPS(NY)0.25
Fwd EY9.78%
FCF(TTM)0.19
FCFY7.4%
OCF(TTM)0.86
OCFY33.87%
SpS7.77
BVpS2.56
TBVpS-0.5
PEG (NY)0.54
PEG (5Y)2.39
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 | 1.45 |
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 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 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 6 / 10 and the dividend payout ratio is 67.26%.