IRISH RESIDENTIAL PROPERTIES (IRES.I) Stock Fundamental Analysis
Europe - Euronext Dublin - DUB:IRES - IE00BJ34P519 - REIT
0.94 EUR
+0 (+0.32%)
We assign a fundamental rating of 4 out of 10 to IRES. IRES was compared to 4 industry peers in the Residential REITs industry. There are concerns on the financial health of IRES while its profitability can be described as average. IRES is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
IRES had positive earnings in the past year.
In the past year IRES had a positive cash flow from operations.
In multiple years IRES reported negative net income over the last 5 years.
IRES had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IRES has a better Return On Assets (2.39%) than 75.00% of its industry peers.
With a decent Return On Equity value of 4.50%, IRES is doing good in the industry, outperforming 75.00% of the companies in the same industry.
IRES has a better Return On Invested Capital (3.78%) than 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IRES is in line with the industry average of 2.84%.
The 3 year average ROIC (3.55%) for IRES is below the current ROIC(3.78%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.39% | ||
| ROE | 4.5% | ||
| ROIC | 3.78% |
ROA(3y)-3.41%
ROA(5y)-0.34%
ROE(3y)-6.34%
ROE(5y)-0.89%
ROIC(3y)3.55%
ROIC(5y)3.34%
1.3 Margins
The Profit Margin of IRES (35.22%) is better than 75.00% of its industry peers.
IRES has a Operating Margin of 62.47%. This is in the better half of the industry: IRES outperforms 75.00% of its industry peers.
In the last couple of years the Operating Margin of IRES has declined.
IRES's Gross Margin of 78.86% is in line compared to the rest of the industry. IRES outperforms 50.00% of its industry peers.
In the last couple of years the Gross Margin of IRES has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 62.47% | ||
| PM (TTM) | 35.22% | ||
| GM | 78.86% |
OM growth 3Y-1.31%
OM growth 5Y-1.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y-1.09%
2. Health
2.1 Basic Checks
IRES has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, IRES has about the same amount of shares outstanding.
The number of shares outstanding for IRES has been increased compared to 5 years ago.
The debt/assets ratio for IRES is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.83, we must say that IRES is in the distress zone and has some risk of bankruptcy.
IRES has a better Altman-Z score (0.83) than 75.00% of its industry peers.
IRES has a debt to FCF ratio of 10.47. This is a negative value and a sign of low solvency as IRES would need 10.47 years to pay back of all of its debts.
IRES has a Debt to FCF ratio of 10.47. This is in the better half of the industry: IRES outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 0.84 indicates that IRES is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.84, IRES is doing good in the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 10.47 | ||
| Altman-Z | 0.83 |
ROIC/WACC0.71
WACC5.32%
2.3 Liquidity
IRES has a Current Ratio of 0.85. This is a bad value and indicates that IRES is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of IRES (0.85) is better than 75.00% of its industry peers.
A Quick Ratio of 0.85 indicates that IRES may have some problems paying its short term obligations.
IRES has a Quick ratio of 0.85. This is amongst the best in the industry. IRES outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 132.61% over the past year.
Looking at the last year, IRES shows a decrease in Revenue. The Revenue has decreased by -1.50% in the last year.
IRES shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.55% yearly.
EPS 1Y (TTM)132.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%180.99%
Revenue 1Y (TTM)-1.5%
Revenue growth 3Y2.26%
Revenue growth 5Y6.55%
Sales Q2Q%-0.42%
3.2 Future
Based on estimates for the next years, IRES will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.68% on average per year.
IRES is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.58% yearly.
EPS Next Y14.29%
EPS Next 2Y26.74%
EPS Next 3Y19.68%
EPS Next 5YN/A
Revenue Next Year-12.82%
Revenue Next 2Y-5.74%
Revenue Next 3Y-2.58%
Revenue Next 5YN/A
3.3 Evolution
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
A Price/Earnings ratio of 15.67 indicates a correct valuation of IRES.
Based on the Price/Earnings ratio, IRES is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of IRES to the average of the S&P500 Index (26.59), we can say IRES is valued slightly cheaper.
The Price/Forward Earnings ratio is 10.93, which indicates a very decent valuation of IRES.
Based on the Price/Forward Earnings ratio, IRES is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 24.03. IRES is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.67 | ||
| Fwd PE | 10.93 |
4.2 Price Multiples
IRES's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. IRES is cheaper than 75.00% of the companies in the same industry.
75.00% of the companies in the same industry are more expensive than IRES, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.25 | ||
| EV/EBITDA | 19.39 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of IRES may justify a higher PE ratio.
A more expensive valuation may be justified as IRES's earnings are expected to grow with 19.68% in the coming years.
PEG (NY)1.1
PEG (5Y)N/A
EPS Next 2Y26.74%
EPS Next 3Y19.68%
5. Dividend
5.1 Amount
IRES has a Yearly Dividend Yield of 5.36%, which is a nice return.
Compared to an average industry Dividend Yield of 5.33, IRES pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.88, IRES pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.36% |
5.2 History
The dividend of IRES decreases each year by -7.31%.
Dividend Growth(5Y)-7.31%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
72.09% of the earnings are spent on dividend by IRES. This is not a sustainable payout ratio.
DP72.09%
EPS Next 2Y26.74%
EPS Next 3Y19.68%
DUB:IRES (12/24/2025, 7:00:00 PM)
0.94
+0 (+0.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners69.09%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner ChangeN/A
Market Cap492.97M
Revenue(TTM)85.09M
Net Income(TTM)29.97M
Analysts82.22
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.36% |
Yearly Dividend0.04
Dividend Growth(5Y)-7.31%
DP72.09%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)5.88%
EPS NY rev (3m)5.88%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.67 | ||
| Fwd PE | 10.93 | ||
| P/S | 5.79 | ||
| P/FCF | 9.25 | ||
| P/OCF | 9.17 | ||
| P/B | 0.74 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 19.39 |
EPS(TTM)0.06
EY6.38%
EPS(NY)0.09
Fwd EY9.15%
FCF(TTM)0.1
FCFY10.81%
OCF(TTM)0.1
OCFY10.91%
SpS0.16
BVpS1.27
TBVpS1.27
PEG (NY)1.1
PEG (5Y)N/A
Graham Number1.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.39% | ||
| ROE | 4.5% | ||
| ROCE | 4.31% | ||
| ROIC | 3.78% | ||
| ROICexc | 3.8% | ||
| ROICexgc | 3.8% | ||
| OM | 62.47% | ||
| PM (TTM) | 35.22% | ||
| GM | 78.86% | ||
| FCFM | 62.61% |
ROA(3y)-3.41%
ROA(5y)-0.34%
ROE(3y)-6.34%
ROE(5y)-0.89%
ROIC(3y)3.55%
ROIC(5y)3.34%
ROICexc(3y)3.57%
ROICexc(5y)3.36%
ROICexgc(3y)3.57%
ROICexgc(5y)3.36%
ROCE(3y)4.06%
ROCE(5y)3.82%
ROICexgc growth 3Y7.78%
ROICexgc growth 5Y6.87%
ROICexc growth 3Y7.78%
ROICexc growth 5Y6.87%
OM growth 3Y-1.31%
OM growth 5Y-1.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.79%
GM growth 5Y-1.09%
F-Score7
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 10.47 | ||
| Debt/EBITDA | 10.35 | ||
| Cap/Depr | 73.77% | ||
| Cap/Sales | 0.58% | ||
| Interest Coverage | 2.41 | ||
| Cash Conversion | 99.89% | ||
| Profit Quality | 177.74% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 0.83 |
F-Score7
WACC5.32%
ROIC/WACC0.71
Cap/Depr(3y)6.38%
Cap/Depr(5y)10.26%
Cap/Sales(3y)0.04%
Cap/Sales(5y)0.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)132.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%180.99%
EPS Next Y14.29%
EPS Next 2Y26.74%
EPS Next 3Y19.68%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.5%
Revenue growth 3Y2.26%
Revenue growth 5Y6.55%
Sales Q2Q%-0.42%
Revenue Next Year-12.82%
Revenue Next 2Y-5.74%
Revenue Next 3Y-2.58%
Revenue Next 5YN/A
EBIT growth 1Y-0.41%
EBIT growth 3Y0.92%
EBIT growth 5Y4.63%
EBIT Next Year-20.36%
EBIT Next 3Y5.14%
EBIT Next 5YN/A
FCF growth 1Y1.04%
FCF growth 3Y-1.51%
FCF growth 5Y2.93%
OCF growth 1Y1.87%
OCF growth 3Y-1.49%
OCF growth 5Y2.94%
IRISH RESIDENTIAL PROPERTIES / IRES.I FAQ
What is the ChartMill fundamental rating of IRISH RESIDENTIAL PROPERTIES (IRES.I) stock?
ChartMill assigns a fundamental rating of 4 / 10 to IRES.I.
What is the valuation status of IRISH RESIDENTIAL PROPERTIES (IRES.I) stock?
ChartMill assigns a valuation rating of 6 / 10 to IRISH RESIDENTIAL PROPERTIES (IRES.I). This can be considered as Fairly Valued.
How profitable is IRISH RESIDENTIAL PROPERTIES (IRES.I) stock?
IRISH RESIDENTIAL PROPERTIES (IRES.I) has a profitability rating of 6 / 10.
What are the PE and PB ratios of IRISH RESIDENTIAL PROPERTIES (IRES.I) stock?
The Price/Earnings (PE) ratio for IRISH RESIDENTIAL PROPERTIES (IRES.I) is 15.67 and the Price/Book (PB) ratio is 0.74.
How financially healthy is IRISH RESIDENTIAL PROPERTIES?
The financial health rating of IRISH RESIDENTIAL PROPERTIES (IRES.I) is 3 / 10.