Ratings Iren SpA

Equities

IRE

IT0003027817

Market Closed - Borsa Italiana Other stock markets 16:44:59 02/05/2024 BST			5-day change	1st Jan Change
1.9 ^EUR	+0.85%		+3.66%	-3.70%

04-05	Italy's IREN inaugurates plastic waste sorting plant	RE
04-05	Futures down amid Fed and Middle East tensions	AN

Summary

The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

With a P/E ratio at 9.57 for the current year and 8.9 for next year, earnings multiples are highly attractive compared with competitors.
The company appears to be poorly valued given its net asset value.
This company will be of major interest to investors in search of a high dividend stock.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Analysts covering this company mostly recommend stock overweighting or purchase.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Over the past twelve months, analysts' opinions have been strongly revised upwards.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company's earnings growth outlook lacks momentum and is a weakness.
The company does not generate enough profits, which is an alarming weak point.
The company is in debt and has limited leeway for investment
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Multiline Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
IREN SPA	-3.70%	2.58B		B
ABU DHABI NATIONAL ENERGY COMPANY	-21.43%	84.8B		C+
ACWA POWER COMPANY	+55.95%	78.15B		C
E.D.F.	-.--%	51.55B	-	B+
NATIONAL GRID PLC	+0.09%	49.03B		C+
SEMPRA	-2.66%	45.51B		B+
ENGIE	-4.42%	42.08B		C+
PUBLIC SERVICE ENTERPRISE GROUP, INC.	+14.30%	34.81B		B+
EON SE	+3.00%	34.59B		B-
UNIPER SE	-9.34%	23.34B		B

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes