Company Valuation: Iress Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,301 1,736 1,495 1,679 1,569 1,190 - -
Change - -24.59% -13.86% 12.29% -6.55% -24.17% - -
Enterprise Value (EV) 1 2,534 2,061 1,815 1,790 1,634 1,236 1,220 1,200
Change - -18.67% -11.93% -1.35% -8.71% -24.35% -1.33% -1.63%
P/E 32.5x 33.4x -10.7x 20.2x 20.8x 16.4x 14.1x 13.2x
PBR 4.36x 4.05x 5.4x 4.55x 3.73x 2.68x 2.49x 2.36x
PEG - -1.3x 0x -0x -1.8x -3.84x 0.9x 1.91x
Capitalization / Revenue 3.86x 2.81x 2.59x 3.03x 2.79x 2.35x 2.28x 2.19x
EV / Revenue 4.25x 3.33x 3.14x 3.23x 2.91x 2.45x 2.34x 2.21x
EV / EBITDA 17x 14.1x 14.1x 13.5x 12x 8.32x 7.5x 6.94x
EV / EBIT 24.9x 25.6x -17.2x 16.8x 14x 10.2x 9.22x 8.65x
EV / FCF 32.9x 24.3x 41x 21.6x 59.3x 15.6x 12.7x 12.4x
FCF Yield 3.04% 4.12% 2.44% 4.63% 1.69% 6.41% 7.86% 8.04%
Dividend per Share 2 0.46 0.46 - 0.1 0.24 0.2891 0.3179 0.3398
Rate of return 3.68% 4.82% - 1.07% 2.83% 4.52% 4.97% 5.31%
EPS 2 0.385 0.286 -0.764 0.462 0.408 0.3906 0.455 0.4865
Distribution rate 119% 161% - 21.6% 58.8% 74% 69.9% 69.8%
Net sales 1 595.9 617.9 577.2 553.6 561.7 505.2 522.1 542
EBITDA 1 148.8 146.4 128.3 132.8 136.2 148.7 162.7 172.9
EBIT 1 101.9 80.6 -105.3 106.6 116.5 121.1 132.3 138.7
Net income 1 73.8 52.7 -137.5 88.67 79.3 78.49 91.58 97.33
Net Debt 1 232.1 325.1 319.7 111.5 65.6 46.7 30.31 10.42
Reference price 2 12.500 9.550 8.150 9.310 8.490 6.400 6.400 6.400
Nbr of stocks (in thousands) 184,113 181,737 183,450 180,322 184,778 185,884 - -
Announcement Date 2/16/22 2/19/23 2/20/24 2/23/25 2/24/26 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.1x4.25x10.03x1.42% 95.85B
46.54x15.65x29.35x-.--% 82.29B
26.96x8.39x16.15x-.--% 38.53B
42.61x22.29x36.45x1.96% 25.88B
60.17x5.47x19.02x-.--% 24.64B
6.09x2.96x7.03x4.37% 21.12B
70.42x5.44x23.27x-.--% 18.21B
7.8x - - 8.09% 18.64B
12.76x-0.15x-0.26x-.--% 15.22B
Average 32.72x 8.04x 17.63x 1.76% 37.82B
Weighted average by Cap. 32.98x 8.98x 18.58x 1.26%

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