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 3,182 - -
Change - -44.69% 34.4% -2.74% 33.19% -2.97% - -
Enterprise Value (EV) 1 6,311 5,231 6,463 6,545 7,502 7,524 7,686 7,800
Change - -17.12% 23.57% 1.26% 14.62% 0.29% 2.15% 1.49%
P/E 11.1x 8.16x 9.87x 9.59x 11.1x 10.6x 10.4x 9.82x
PBR 1.32x 0.69x 0.78x 0.75x 0.9x 0.93x 0.89x 0.86x
PEG - -0.3x 0.9x - 0.7x 6.16x 5.91x 1.61x
Capitalization / Revenue 0.69x 0.24x 0.39x 0.41x 0.5x 0.45x 0.44x 0.44x
EV / Revenue 1.27x 0.67x 1x 1.08x 1.14x 1.06x 1.07x 1.09x
EV / EBITDA 6.32x 4.96x 5.4x 5.14x 5.54x 5.4x 5.31x 5.19x
EV / EBIT 13.9x 11.3x 13.9x 12.6x 14.2x 13.4x 12.8x 12.2x
EV / FCF 32.8x 28.2x -34.7x 25.9x 49.2x 121x 99x 62.9x
FCF Yield 3.05% 3.55% -2.88% 3.86% 2.03% 0.83% 1.01% 1.59%
Dividend per Share 2 0.105 - 0.1188 0.1283 0.1386 0.1498 0.1614 0.1709
Rate of return 3.96% - 6.02% 6.69% 5.42% 6.04% 6.51% 6.89%
EPS 2 0.24 0.18 0.2 0.2 0.23 0.234 0.2381 0.2526
Distribution rate 43.8% - 59.4% 64.1% 60.3% 64% 67.8% 67.7%
Net sales 1 4,956 7,863 6,490 6,043 6,574 7,073 7,176 7,180
EBITDA 1 998 1,055 1,197 1,274 1,353 1,393 1,447 1,502
EBIT 1 454 464 464.6 519.7 530 563 600 637.4
Net income 1 303.1 226 254.8 268.5 300.5 304.3 308.7 329.2
Net Debt 1 2,906 3,347 3,932 4,083 4,222 4,342 4,504 4,618
Reference price 2 2.654 1.468 1.973 1.919 2.556 2.480 2.480 2.480
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.($)
10.6x1.06x5.4x6.04% 3.51B
14.53x6.09x12.74x3.89% 85.02B
12.67x1.47x7.63x5.64% 67.84B
17.43x1.2x10.05x3.03% 56.17B
15.12x6.33x14.5x3.31% 52.03B
19.34x2.54x8.39x2.2% 46.72B
18.2x4.96x12.94x3.51% 37.83B
16.44x5.01x9.62x4.5% 37.43B
61.89x17.65x35.23x0.35% 33.81B
21.26x5.87x13.75x2.63% 31.78B
Average 20.75x 5.22x 13.03x 3.51% 45B
Weighted average by Cap. 19.63x 5.08x 12.85x 3.49%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Iren SpA

Historical PBR trend

Valuation ratios - PBR - Iren SpA

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Iren SpA

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Iren SpA


Year-on-year evolution of the Yield

Valuation ratios - Yield - Iren SpA