Financials Irish Residential Properties REIT plc Börse Stuttgart

Equities

IRES

IE00BJ34P519

Residential REITs

Delayed Börse Stuttgart 07:02:40 26/06/2024 BST 5-day change 1st Jan Change
0.86 EUR +0.70% Intraday chart for Irish Residential Properties REIT plc 0.00% 0.00%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 830.6 785.5 887.4 590 586.8 484 -
Enterprise Value (EV) 1 1,384 1,331 1,500 1,235 1,146 484 484
P/E ratio 8.88 x 13.5 x 13.1 x -50.6 x -5.06 x 16 x 15 x
Yield 3.65% 3.99% 3.57% 4.59% 4.02% 5.25% 5.69%
Capitalization / Revenue 13.4 x 10.5 x 11.1 x 6.95 x 6.68 x 5.61 x 5.46 x
EV / Revenue 13.4 x 10.5 x 11.1 x 6.95 x 6.68 x 5.61 x 5.46 x
EV / EBITDA 19.8 x 16.5 x 17.2 x 10.9 x 10.5 x 8.87 x 8.61 x
EV / FCF 22,906,150 x 35,030,264 x 27,118,313 x 17,778,730 x 11,876,094 x - -
FCF Yield 0% 0% 0% 0% 0% - -
Price to Book 1.02 x 0.93 x 1.01 x 0.7 x 0.84 x - -
Nbr of stocks (in thousands) 522,404 525,079 529,454 529,579 529,579 529,579 -
Reference price 2 1.590 1.496 1.676 1.114 1.108 0.9140 0.9140
Announcement Date 20/02/20 19/02/21 23/02/22 24/02/23 23/02/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 62.1 74.74 79.74 84.86 87.85 86.3 88.7
EBITDA 1 41.99 47.61 51.72 54.21 56.01 54.6 56.2
EBIT 98.32 71.08 81.43 4.939 -87.8 - -
Operating Margin 158.33% 95.1% 102.12% 5.82% -99.93% - -
Earnings before Tax (EBT) 86.28 58.26 67.55 -11.86 -114.5 - -
Net income 86.28 58.26 67.55 -11.82 -116 - -
Net margin 138.95% 77.95% 84.7% -13.93% -132.05% - -
EPS 2 0.1790 0.1110 0.1280 -0.0220 -0.2190 0.0570 0.0610
Free Cash Flow 36.26 22.42 32.72 33.18 49.41 - -
FCF margin 58.4% 30% 41.03% 39.1% 56.24% - -
FCF Conversion (EBITDA) 86.36% 47.1% 63.27% 61.21% 88.21% - -
FCF Conversion (Net income) 42.03% 38.49% 48.44% - - - -
Dividend per Share 2 0.0580 0.0597 0.0599 0.0511 0.0445 0.0480 0.0520
Announcement Date 20/02/20 19/02/21 23/02/22 24/02/23 23/02/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2022 S1 2023 S1 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 - 37.36 37.38 39.43 42.08 44.28 43.58 42.9 - - -
EBITDA - - - - - - - - - - -
EBIT - - - 34.25 30.12 - - - - - -
Operating Margin - - - 86.86% 71.59% - - - - - -
Earnings before Tax (EBT) - - - 27.4 22.88 - - - - - -
Net income - - - 27.4 22.88 - - - - - -
Net margin - - - 69.5% 54.37% - - - - - -
EPS 2 - 0.0310 0.0340 0.0340 0.0250 - -0.1360 0.0280 0.0290 0.0300 0.0310
Dividend per Share 0.0310 0.0275 - 0.0291 0.0230 - - - - - -
Announcement Date 20/02/20 07/08/20 19/02/21 06/08/21 11/08/22 03/08/23 23/02/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 554 546 613 645 560 - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) 13.18 x 11.46 x 11.85 x 11.9 x 9.991 x - -
Free Cash Flow 36.3 22.4 32.7 33.2 49.4 - -
ROE (net income / shareholders' equity) 4.63% 4.4% 4.3% 4.25% 3.69% - -
ROA (Net income/ Total Assets) - - - - - - -
Assets - - - - - - -
Book Value Per Share 1.550 1.610 1.670 1.600 1.320 - -
Cash Flow per Share - - - - - - -
Capex 32.4 26.1 20.4 13.4 - - -
Capex / Sales 52.18% 34.97% 25.54% 15.79% - - -
Announcement Date 20/02/20 19/02/21 23/02/22 24/02/23 23/02/24 - -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
0.914 EUR
Average target price
1.3 EUR
Spread / Average Target
+42.23%
Consensus
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  5. Financials Irish Residential Properties REIT plc