INTEGRATED RESEARCH LIMITED (IRI)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

IRI - INTEGRATED RESEARCH LIMITED

FNArena Sector : IT & Support
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 0.07
Index:

Integrated Research is an Australian developer and global provider of enterprise software to monitor and maintain critical IT infrastructure, payment systems and communication systems. Founded in 1988, the company listed in 2000.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.59

21 Nov
2024

-0.020

OPEN

$0.61

-3.28%

HIGH

$0.63

150,640

LOW

$0.59

TARGET
$0.95 61.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
APX . DTL . FLN . HSN . OCL . STG . TNE .
FNARENA'S MARKET CONSENSUS FORECASTS
IRI: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 15.6 9.2 xxx
DPS (cps) xxx 2.0 2.0 xxx
EPS Growth xxx N/A - 40.9% xxx
DPS Growth xxx N/A 0.0% xxx
PE Ratio xxx N/A 6.4 xxx
Dividend Yield xxx N/A 3.4% xxx
Div Pay Ratio(%) xxx 12.8% 21.7% xxx

Dividend yield today if purchased 3 years ago: 1.53%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.39

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: 02/09 - ex-div 2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx15.6
DPS All xxxxxxxxxxxxxxx2.0
Sales/Revenue xxxxxxxxxxxxxxx83.3 M
Book Value Per Share xxxxxxxxxxxxxxx50.6
Net Operating Cash Flow xxxxxxxxxxxxxxx15.3 M
Net Profit Margin xxxxxxxxxxxxxxx32.57 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx36.60 %
Return on Invested Capital xxxxxxxxxxxxxxx36.15 %
Return on Assets xxxxxxxxxxxxxxx26.41 %
Return on Equity xxxxxxxxxxxxxxx36.60 %
Return on Total Capital xxxxxxxxxxxxxxx33.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx15.2 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 xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx2 M
Goodwill - Gross xxxxxxxxxxxxxxx4 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx32 M
Price To Book Value xxxxxxxxxxxxxxx1.84

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx0.0 M
Capex % of Sales xxxxxxxxxxxxxxx0.06 %
Cost of Goods Sold xxxxxxxxxxxxxxx39 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx19 M
Research & Development xxxxxxxxxxxxxxx13 M
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

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

21/08/2024

1

Buy

$0.95

61.02%

Integrated Research's FY24 earnings (EBITDA) outpaced Bell Potter's forecasts by 6% and revenue fell -1% shy.

Net profit after tax sharply outpaced thanks to a tax benefit of $0.4m compared with broker's expectation of a -$3.8m tax expense.

Management surprised the broker with a 2c fully franked dividend (the broker forecast 0.5c) and the company closed the year with $31.9m in cash.

Integrated Research does not offer guidance but management did perceive some softness in the renewals book, though advised new business and its upsell pipeline had risen, observed the broker.

Bell Potter downgrades forecasts due to the lack of visibility. Buy rating retained. Target price falls to 95c from $1.05.

FORECAST
Bell Potter forecasts a full year FY25 dividend of 2.00 cents and EPS of 9.20 cents.
Bell Potter forecasts a full year FY26 dividend of 2.50 cents and EPS of 8.50 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

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
Access Extra Coverage Research History >

IRI STOCK CHART

FNArena News on IRI

1
FNArena Corporate Results Monitor – 21-08-2024

Aug 21 2024 - Australia
2
FNArena Corporate Results Monitor – 26-02-2024

Feb 26 2024 - Australia
3
FNArena Corporate Results Monitor – 28-08-2023

Aug 28 2023 - Australia
4
Weekly Ratings, Targets, Forecast Changes – 31-03-23

Apr 03 2023 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Feb 24, 2023

Feb 24 2023 - Daily Market Reports

Latest IT & Support News

1
Quality By Any Objective Measure

Oct 04 2024 - Small Caps
2
Rudi’s View: It’s Special vs Cheap, But Who’s Most At Risk?

May 29 2024 - Rudi's View
3
Treasure Chest: TechnologyOne’s Transition

Mar 18 2024 - Treasure Chest
4
Hansen Technologies: Focus On FY26

Feb 26 2024 - Small Caps
5
Data#3 Guilty Of Miscommunication

Feb 19 2024 - Small Caps
6
Dropsuite Trajectory Impresses

Oct 25 2023 - Small Caps
7
Disciplined Hansen Technologies Remains Upbeat

Feb 24 2023 - Small Caps
8
Data#3 Has Growth Locked In For FY23

Aug 23 2022 - Small Caps
9
Treasure Chest: Appen Downgraded

Aug 03 2022 - Treasure Chest
10
Nitro Software Disappoints, Better Times Ahead?

Jul 28 2022 - Small Caps