IRESS LIMITED (IRE)
Share Price Analysis and Chart

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IRE

IRE - IRESS LIMITED

FNArena Sector : Wealth Management & Investments
Year End: December
GICS Industry Group : Software & Services
Debt/EBITDA: 2.32
Index: ASX200 | ASX300 | ALL-ORDS | ALL-TECH

Iress is an Australian financial technology company providing information software products to the global finance industry. Founded in 1993, it listed on the ASX in 2000.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$8.11

31 Mar
2025

0.000

OPEN

$8.11

0.000

HIGH

$8.11

0

LOW

$8.11

TARGET
$9.568 18.0% upside
Franking for last dividend paid out: 25%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . DJW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IFT . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI . WHF .
FNARENA'S MARKET CONSENSUS FORECASTS
IRE: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 48.0 37.6 xxx
DPS (cps) xxx 10.0 19.4 xxx
EPS Growth xxx N/A - 21.6% xxx
DPS Growth xxx N/A 94.0% xxx
PE Ratio xxx N/A 21.6 xxx
Dividend Yield xxx N/A 2.4% xxx
Div Pay Ratio(%) xxx 20.8% 51.6% xxx

Dividend yield today if purchased 3 years ago: 0.85%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.23

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 23/02 - ex-div 30c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx48.0
DPS All xxxxxxxxxxxxxxx10.0
Sales/Revenue xxxxxxxxxxxxxxx600.8 M
Book Value Per Share xxxxxxxxxxxxxxx204.6
Net Operating Cash Flow xxxxxxxxxxxxxxx104.6 M
Net Profit Margin xxxxxxxxxxxxxxx14.76 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx27.28 %
Return on Invested Capital xxxxxxxxxxxxxxx14.48 %
Return on Assets xxxxxxxxxxxxxxx11.65 %
Return on Equity xxxxxxxxxxxxxxx27.28 %
Return on Total Capital xxxxxxxxxxxxxxx8.33 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx94.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx68 M
Long Term Debt xxxxxxxxxxxxxxx166 M
Total Debt xxxxxxxxxxxxxxx234 M
Goodwill - Gross xxxxxxxxxxxxxxx411 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx66 M
Price To Book Value xxxxxxxxxxxxxxx4.55

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx24.1 M
Capex % of Sales xxxxxxxxxxxxxxx4.01 %
Cost of Goods Sold xxxxxxxxxxxxxxx477 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx70 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Shaw and Partners

xx/xx/xxxx

1

xxxxxxx xx xxx, xxxx xxxx xxxx xxxx, xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

25/02/2025

1

Upgrade to Outperform from Neutral

$8.42

3.82%

The 2024 results from Iress were slightly ahead of Macquarie's estimates. The broker comments the transformation of the business has significantly improved the balance sheet and the dividend has been reinstated. A final $0.10 was declared.

2025 guidance for adjusted EBITDA is $127-135m. As the transformation of the business continues over the next 12-24 months, Macquarie finds the valuation attractive and upgrades to Outperform from Neutral.

The target is reduced to $8.42 from $10.25, reflecting EBITDA changes, increased capital expenditure and DCF roll forward.

FORECAST
Macquarie forecasts a full year FY25 dividend of 19.00 cents and EPS of 38.40 cents.
Macquarie forecasts a full year FY26 dividend of 22.00 cents and EPS of 41.90 cents.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

03/03/2025

1

Overweight

$10.00

23.30%

Wilsons' reckons the -14% share price fall following Iress' FY24 result was an overstep and likely reflective of near-term earnings concerns despite management's best efforts to communicate the complex process.

The broker acknowledges the FY25 EBITDA guidance fell short of expectations, but the net profit forecast wasn't too different from its estimate.

The analyst lowered the target price to $10 from $11 mainly on a higher share count, with limited changes to net profit forecasts. Rating is Overweight.

FORECAST
Wilsons forecasts a full year FY25 dividend of 20.00 cents and EPS of 41.00 cents.
Wilsons forecasts a full year FY26 dividend of 50.00 cents and EPS of 47.70 cents.
Access Extra Coverage Research History >

IRE STOCK CHART

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