Company Valuation: IRIS Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 1,028 603.6 310 261 277.3 142.8
Change - -41.3% -48.65% -15.79% 6.25% -48.53%
Enterprise Value (EV) 1 966.5 502 217 100.4 110.6 -41.23
Change - -48.07% -56.77% -53.74% 10.2% -137.27%
P/E -89.2x 172x 14.2x 8.1x 11.7x -39.5x
PBR 3.24x 1.86x 0.89x 0.69x 0.72x 0.38x
PEG - -1x 0x 0.2x -0.4x 0x
Capitalization / Revenue 9.65x 2.86x 0.89x 0.7x 1.25x 0.85x
EV / Revenue 9.07x 2.38x 0.62x 0.27x 0.5x -0.25x
EV / EBITDA 763x 57.3x 5.71x 1.87x 3.14x -8.42x
EV / EBIT -194x 198x 6.81x 2.03x 3.5x -29x
EV / FCF -86.1x -18.7x -6.79x 1.83x 19x -1.74x
FCF Yield -1.16% -5.35% -14.7% 54.6% 5.28% -57.4%
Dividend per Share 2 - - - - 0.025 0.005
Rate of return - - - - 7.35% 2.86%
EPS 2 -0.0148 0.004306 0.0268 0.0395 0.0291 -0.004435
Distribution rate - - - - 85.9% -113%
Net sales 1 106.6 211 348.9 371.1 221 167.7
EBITDA 1 1.267 8.761 38 53.8 35.23 4.898
EBIT 1 -4.976 2.534 31.88 49.34 31.61 1.42
Net income 1 -11.02 3.412 21.9 32.25 23.75 -3.618
Net Debt 1 -61.84 -101.7 -92.97 -160.6 -166.7 -184
Reference price 2 1.3200 0.7400 0.3800 0.3200 0.3400 0.1750
Nbr of stocks (in thousands) 779,071 815,728 815,728 815,728 815,728 815,728
Announcement Date 8/24/21 7/29/22 7/31/23 7/30/24 7/30/25 7/30/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 40.09M
23.56x3.83x13.37x2.82% 226B
-129.34x18.11x98.55x-.--% 117B
13.06x1.44x7.55x3.67% 108B
14.29x2.61x9.84x5.75% 83.95B
19.69x5.19x12.76x2.89% 59.51B
13.57x1.96x8.31x5.74% 44.05B
21.08x1.72x10.71x1.39% 42.3B
19.82x1.5x9.59x0.96% 38.89B
16.98x2.13x10.12x5.15% 34.97B
Average 1.41x 4.28x 20.09x 3.15% 75.42B
Weighted average by Cap. -4.18x 5.24x 24.50x 2.94%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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