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 3,213 - -
Change - -44.69% 34.4% -2.74% 33.19% -2.03% - -
Enterprise Value (EV) 1 6,311 5,231 6,463 6,545 7,502 7,540 7,669 7,789
Change - -17.12% 23.57% 1.26% 14.62% 0.51% 1.71% 1.56%
P/E 11.1x 8.16x 9.87x 9.6x 11.1x 10.6x 10.1x 9.4x
PBR 1.32x 0.69x 0.78x 0.75x 0.9x 0.94x 0.91x 0.87x
PEG - -0.3x 0.9x - 0.7x 3.76x 2.16x 1.24x
Capitalization / Revenue 0.69x 0.24x 0.39x 0.41x 0.5x 0.46x 0.46x 0.46x
EV / Revenue 1.27x 0.67x 1x 1.08x 1.14x 1.09x 1.1x 1.11x
EV / EBITDA 6.32x 4.96x 5.4x 5.14x 5.54x 5.4x 5.24x 5.15x
EV / EBIT 13.9x 11.3x 13.9x 12.6x 14.2x 13.4x 12.6x 12.2x
EV / FCF 32.8x 28.2x -34.7x 25.9x 49.2x 66.7x 53x 61.7x
FCF Yield 3.05% 3.55% -2.88% 3.86% 2.03% 1.5% 1.89% 1.62%
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% 5.98% 6.46% 6.78%
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 2.504 2.504 2.504
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 A 3/23/23 A 3/28/24 A 4/3/25 A 3/23/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.97x5.58x11.95x4.3% 76.9B
12.9x1.45x7.57x5.81% 67.71B
16.33x6.32x13.81x3.2% 53.74B
16.21x1.13x9.39x3.32% 53.35B
20.14x2.72x9.41x2.16% 49.46B
16.8x5.01x9.69x4.47% 37.57B
61.81x19.73x35.14x0.25% 36.71B
16.86x4.76x12.48x3.76% 35.38B
19.25x5.56x12.65x2.9% 28.76B
Average 21.48x 5.81x 13.56x 3.35% 48.84B
Weighted average by Cap. 19.70x 5.24x 12.74x 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

LAST HOURS | 40% Discount: The Best Subscriber-Only Tools to Unlock Hidden Opportunities!
d
:
:
SEIZE THE OFFER!