IRESS LIMITED (IRE)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

IRE - IRESS LIMITED

Year End: December
GICS Industry Group : Software & Services
Debt/EBITDA: 5.58
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

$9.85

22 Jul
2024

0.840

OPEN

$9.40

9.32%

HIGH

$10.12

1,309,270

LOW

$9.22

TARGET
$10.01

+0.86 change from previous day

1.6% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . BVS . CGF . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IFT . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
IRE: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx - 76.4 29.5 xxx
DPS (cps) xxx 0.0 10.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 33.9 xxx
Dividend Yield xxx N/A 1.0% xxx
Div Pay Ratio(%) xxx N/A 33.9% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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 © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-76.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx625.7 M
Book Value Per Share xxxxxxxxxxxxxxx150.8
Net Operating Cash Flow xxxxxxxxxxxxxxx63.7 M
Net Profit Margin xxxxxxxxxxxxxxx-21.97 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-38.96 %
Return on Invested Capital xxxxxxxxxxxxxxx-17.60 %
Return on Assets xxxxxxxxxxxxxxx-15.34 %
Return on Equity xxxxxxxxxxxxxxx-38.96 %
Return on Total Capital xxxxxxxxxxxxxxx3.11 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2.9 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx14 M
Long Term Debt xxxxxxxxxxxxxxx409 M
Total Debt xxxxxxxxxxxxxxx423 M
Goodwill - Gross xxxxxxxxxxxxxxx481 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx44 M
Price To Book Value xxxxxxxxxxxxxxx5.40

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx19.4 M
Capex % of Sales xxxxxxxxxxxxxxx3.10 %
Cost of Goods Sold xxxxxxxxxxxxxxx529 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx72 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

0.4

No. Of Recommendations

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

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

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

23/07/2024

2

Accumulate

$11.30

14.72%

Iress has upgraded June-half guidance to roughly 10% ahead of consensus' and Ord Minnett's forecasts - up 50% year on year, observes the broker.

The strong result was struck on a faster than forecast realisation of cost saving and in-line revenue growth.

Given the June half is typically weaker for the company, the broker suspects full-year guidance could also prove interesting.

Accumulate rating and $11.30 target price compares with a Buy rating and $9.85 target price in May.

Shaw and Partners

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

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

10/05/2024

3

Market Weight

$9.17

-6.90%

Iress reported a 4% FY24 EBITDA guidance upgrade to $122m-$132m before the AGM due to transformation initiatives, in advance of MSO being separated on June 20.

Assuming the separation is on schedule, Wilsons estimates the adjusted EBITDA is $1m-$2m ahead of original expectations.

Management increased prices by 5%-6% on April 1 and some client churn may result, although no material impact on earnings is forecast.

Iress offered no comments on takeover speculation. Market weighting retained and the target is revised to $9.17.

FORECAST
Wilsons forecasts a full year FY24 EPS of 35.20 cents.
Wilsons forecasts a full year FY25 EPS of 56.00 cents.

IRE STOCK CHART