IRISH RESIDENTIAL PROPERTIES (IRES.I) Stock Fundamental Analysis
Europe - DUB:IRES - IE00BJ34P519 - REIT
0.926 EUR
0 (-0.22%)
IRES gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 5 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
IRES had positive earnings in the past year.
IRES had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: IRES reported negative net income in multiple years.
Each year in the past 5 years IRES had a positive operating cash flow.
1.2 Ratios
IRES's Return On Assets of 2.39% is fine compared to the rest of the industry. IRES outperforms 80.00% of its industry peers.
IRES's Return On Equity of 4.50% is fine compared to the rest of the industry. IRES outperforms 80.00% of its industry peers.
The Return On Invested Capital of IRES (3.78%) is better than 80.00% of its industry peers.
IRES had an Average Return On Invested Capital over the past 3 years of 3.55%. This is in line with the industry average of 3.10%.
The last Return On Invested Capital (3.78%) for IRES is above the 3 year average (3.55%), which is a sign of increasing profitability.
| 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
With a decent Profit Margin value of 35.22%, IRES is doing good in the industry, outperforming 80.00% of the companies in the same industry.
Looking at the Operating Margin, with a value of 62.47%, IRES is in line with its industry, outperforming 60.00% of the companies in the same industry.
IRES's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 78.86%, IRES perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IRES is destroying value.
The number of shares outstanding for IRES remains at a similar level compared to 1 year ago.
Compared to 5 years ago, IRES has more shares outstanding
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 Altman-Z score of 0.83. This is in the better half of the industry: IRES outperforms 80.00% 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's Debt to FCF ratio of 10.47 is in line compared to the rest of the industry. IRES outperforms 60.00% of its industry peers.
IRES has a Debt/Equity ratio of 0.84. This is a neutral value indicating IRES is somewhat dependend on debt financing.
The Debt to Equity ratio of IRES (0.84) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.84 | ||
| Debt/FCF | 10.47 | ||
| Altman-Z | 0.83 |
ROIC/WACC0.71
WACC5.33%
2.3 Liquidity
A Current Ratio of 0.85 indicates that IRES may have some problems paying its short term obligations.
IRES has a Current ratio of 0.85. This is in the better half of the industry: IRES outperforms 80.00% 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 better Quick ratio (0.85) than 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.
IRES shows a decrease in Revenue. In the last year, the revenue decreased by -1.50%.
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 very strong growth in Earnings Per Share. The EPS will grow by 25.99% on average per year.
The Revenue is expected to decrease by -2.58% on average over the next years.
EPS Next Y7.94%
EPS Next 2Y26.74%
EPS Next 3Y25.99%
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
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
IRES is valuated correctly with a Price/Earnings ratio of 15.43.
80.00% of the companies in the same industry are more expensive than IRES, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.11. IRES is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 10.77, which indicates a very decent valuation of IRES.
IRES's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IRES is cheaper than 80.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.55. IRES is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.43 | ||
| Fwd PE | 10.77 |
4.2 Price Multiples
IRES's Enterprise Value to EBITDA ratio is in line with the industry average.
IRES's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.12 | ||
| EV/EBITDA | 19.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IRES does not grow enough to justify the current Price/Earnings ratio.
IRES's earnings are expected to grow with 25.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.94
PEG (5Y)N/A
EPS Next 2Y26.74%
EPS Next 3Y25.99%
5. Dividend
5.1 Amount
IRES has a Yearly Dividend Yield of 5.36%, which is a nice return.
IRES's Dividend Yield is comparable with the industry average which is at 5.85.
IRES's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| 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 3Y25.99%
DUB:IRES (11/3/2025, 5:27:04 PM)
0.926
0 (-0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)
Earnings (Next)
Inst Owners71.25%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner ChangeN/A
Market Cap485.63M
Revenue(TTM)85.09M
Net Income(TTM)29.97M
Analysts82.22
Price Target1.45 (56.59%)
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)2.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)3.04%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.43 | ||
| Fwd PE | 10.77 | ||
| P/S | 5.71 | ||
| P/FCF | 9.12 | ||
| P/OCF | 9.03 | ||
| P/B | 0.73 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 19.27 |
EPS(TTM)0.06
EY6.48%
EPS(NY)0.09
Fwd EY9.29%
FCF(TTM)0.1
FCFY10.97%
OCF(TTM)0.1
OCFY11.07%
SpS0.16
BVpS1.27
TBVpS1.27
PEG (NY)1.94
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
WACC5.33%
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 Y7.94%
EPS Next 2Y26.74%
EPS Next 3Y25.99%
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-22.25%
EBIT Next 3Y13.91%
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 5 / 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 7 / 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 15.43 and the Price/Book (PB) ratio is 0.73.
How financially healthy is IRISH RESIDENTIAL PROPERTIES?
The financial health rating of IRISH RESIDENTIAL PROPERTIES (IRES.I) is 4 / 10.