Company Valuation: Iren SpA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,405 1,884 2,532 2,462 3,280 3,123 - -
Change - -44.69% 34.4% -2.74% 33.19% -4.77% - -
Enterprise Value (EV) 1 6,311 5,231 6,463 6,545 7,502 7,450 7,579 7,699
Change - -17.12% 23.57% 1.26% 14.62% -0.69% 1.73% 1.58%
P/E 11.1x 8.16x 9.87x 9.6x 11.1x 10.3x 9.83x 9.14x
PBR 1.32x 0.69x 0.78x 0.75x 0.9x 0.92x 0.88x 0.85x
PEG - -0.3x 0.9x - 0.7x 3.66x 2.1x 1.2x
Capitalization / Revenue 0.69x 0.24x 0.39x 0.41x 0.5x 0.45x 0.45x 0.44x
EV / Revenue 1.27x 0.67x 1x 1.08x 1.14x 1.08x 1.09x 1.1x
EV / EBITDA 6.32x 4.96x 5.4x 5.14x 5.54x 5.34x 5.18x 5.09x
EV / EBIT 13.9x 11.3x 13.9x 12.6x 14.2x 13.3x 12.5x 12x
EV / FCF 32.8x 28.2x -34.7x 25.9x 49.2x 65.9x 52.4x 61x
FCF Yield 3.05% 3.55% -2.88% 3.86% 2.03% 1.52% 1.91% 1.64%
Dividend per Share 2 0.105 - 0.1188 0.1283 0.1386 0.1497 0.1617 0.1697
Rate of return 3.96% - 6.02% 6.69% 5.42% 6.15% 6.64% 6.97%
EPS 2 0.24 0.18 0.2 0.2 0.23 0.2365 0.2476 0.2664
Distribution rate 43.8% - 59.4% 64.2% 60.3% 63.3% 65.3% 63.7%
Net sales 1 4,956 7,863 6,490 6,043 6,574 6,927 6,977 7,029
EBITDA 1 998 1,055 1,197 1,274 1,353 1,395 1,463 1,514
EBIT 1 454 464 464.6 519.7 530 562 607.8 640.2
Net income 1 303.1 226 254.8 268.5 300.5 308.3 320.1 345.6
Net Debt 1 2,906 3,347 3,932 4,083 4,222 4,327 4,456 4,576
Reference price 2 2.654 1.468 1.973 1.919 2.556 2.434 2.434 2.434
Nbr of stocks (in thousands) 1,283,076 1,283,076 1,283,076 1,283,076 1,283,076 1,283,076 - -
Announcement Date 3/29/22 3/23/23 3/28/24 4/3/25 3/23/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.68x5.56x11.81x4.4% 76.07B
12.76x1.44x7.52x5.87% 67.69B
16.56x6.37x13.93x3.16% 54.5B
16.08x1.12x9.35x3.35% 53.51B
19.88x2.69x9.32x2.19% 49.35B
63.57x20.18x35.95x0.24% 37.76B
17.05x5.07x9.81x4.41% 38.11B
17.19x4.81x12.62x3.69% 36.08B
19.43x5.59x12.72x2.87% 29.04B
Average 21.69x 5.87x 13.67x 3.35% 49.12B
Weighted average by Cap. 19.92x 5.32x 12.85x 3.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!