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 3,285 - -
Change - -44.69% 34.4% -2.74% 33.19% 0.16% - -
Enterprise Value (EV) 1 6,311 5,231 6,463 6,545 7,502 7,615 7,743 7,862
Change - -17.12% 23.57% 1.26% 14.62% 1.51% 1.68% 1.54%
P/E 11.1x 8.16x 9.87x 9.6x 11.1x 10.7x 10.4x 9.64x
PBR 1.32x 0.69x 0.78x 0.75x 0.9x 0.96x 0.92x 0.89x
PEG - -0.3x 0.9x - 0.7x 2.92x 3.07x 1.25x
Capitalization / Revenue 0.69x 0.24x 0.39x 0.41x 0.5x 0.48x 0.47x 0.47x
EV / Revenue 1.27x 0.67x 1x 1.08x 1.14x 1.1x 1.11x 1.12x
EV / EBITDA 6.32x 4.96x 5.4x 5.14x 5.54x 5.42x 5.28x 5.2x
EV / EBIT 13.9x 11.3x 13.9x 12.6x 14.2x 13.3x 12.7x 12.3x
EV / FCF 32.8x 28.2x -34.7x 25.9x 49.2x 68.6x 78.2x 328x
FCF Yield 3.05% 3.55% -2.88% 3.86% 2.03% 1.46% 1.28% 0.31%
Dividend per Share 2 0.105 - 0.1188 0.1283 0.1386 0.1497 0.1617 0.1696
Rate of return 3.96% - 6.02% 6.69% 5.42% 5.85% 6.31% 6.62%
EPS 2 0.24 0.18 0.2 0.2 0.23 0.2384 0.2465 0.2655
Distribution rate 43.8% - 59.4% 64.2% 60.3% 62.8% 65.6% 63.9%
Net sales 1 4,956 7,863 6,490 6,043 6,574 6,894 6,947 6,992
EBITDA 1 998 1,055 1,197 1,274 1,353 1,405 1,465 1,513
EBIT 1 454 464 464.6 519.7 530 571 609.4 638.3
Net income 1 303.1 226 254.8 268.5 300.5 310 321.5 345.2
Net Debt 1 2,906 3,347 3,932 4,083 4,222 4,330 4,458 4,577
Reference price 2 2.654 1.468 1.973 1.919 2.556 2.560 2.560 2.560
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 29/03/22 23/03/23 28/03/24 03/04/25 23/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.74x1.1x5.42x5.85% 3.76B
14.04x5.77x12.44x3.94% 84.15B
36.93x6.27x17.03x1.66% 81.12B
14.23x1.56x8.01x5.18% 74.75B
18.34x6.99x14.67x2.86% 60.3B
17.45x1.2x9.92x3.07% 57.54B
22.54x2.52x9.37x2.34% 45.22B
18.15x5.06x13.1x3.41% 39.19B
55.78x20.22x33.21x0.31% 37.48B
Average 23.13x 5.63x 13.69x 3.18% 53.72B
Weighted average by Cap. 23.19x 5.53x 13.83x 3.05%

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