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Irsa Inversiones Y Representaciones (IRS)
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Irsa Inversiones Y Representaciones SA (IRS) AI Stock Analysis

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IRS

Irsa Inversiones Y Representaciones SA

(NYSE:IRS)

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Outperform 77 (OpenAI - 4o)
Rating:77Outperform
Price Target:
$17.00
▲(12.58% Upside)
Irsa Inversiones Y Representaciones SA's strong valuation and technical indicators drive a positive outlook, supported by robust financial performance and strategic growth initiatives. However, historical volatility and challenges in certain segments temper the overall score.
Positive Factors
Strong Revenue Growth
Consistent revenue growth indicates robust demand for IRSA's properties and services, supporting long-term business expansion and stability.
High Occupancy Rates
High occupancy rates in shopping malls reflect strong market demand and effective management, ensuring steady rental income and financial health.
Strategic Acquisitions
Strategic acquisitions enhance IRSA's market presence and growth potential, positioning the company for long-term success in the real estate sector.
Negative Factors
Decline in Tenant Sales
Declining tenant sales may impact rental income and profitability, posing a risk to financial performance if economic conditions do not improve.
Challenges in Hotel Segment
Challenges in the hotel segment, such as declining occupancy, could strain revenue streams and affect overall profitability if not addressed.
Historical Volatility
Volatility in financial performance can undermine investor confidence and complicate strategic planning, affecting long-term growth prospects.

Irsa Inversiones Y Representaciones SA (IRS) vs. SPDR S&P 500 ETF (SPY)

Irsa Inversiones Y Representaciones SA Business Overview & Revenue Model

Company DescriptionIrsa Inversiones Y Representaciones SA (IRS) is a leading Argentine investment and real estate company primarily focused on the development, management, and leasing of commercial and residential properties. The company operates in various sectors including retail, office space, and hospitality, with a robust portfolio that includes shopping malls, office buildings, and hotels across Argentina and other Latin American countries. IRS is committed to enhancing urban spaces through strategic investments and sustainable development practices.
How the Company Makes MoneyIrsa Inversiones Y Representaciones SA generates revenue through multiple streams. The primary revenue source comes from leasing and operating income derived from its extensive portfolio of commercial properties, including shopping centers and office buildings. Additionally, the company earns income from property sales and development projects. Strategic partnerships with local and international investors enhance its financial capabilities and market reach. The company also benefits from revenue generated by hotel operations and management services within its real estate assets, contributing to its overall financial performance.

Irsa Inversiones Y Representaciones SA Earnings Call Summary

Earnings Call Date:Nov 06, 2025
(Q1-2026)
|
% Change Since: |
Next Earnings Date:Feb 06, 2026
Earnings Call Sentiment Neutral
The earnings call reflects a company in transition, with solid financial gains and strategic growth through acquisitions and high occupancy rates in segments like shopping malls and offices. However, challenges persist in tenant sales and the hotel segment, resulting in a balanced outlook.
Q1-2026 Updates
Positive Updates
Positive Financial Performance
The company reported a gain of ARS 163.4 million compared to a loss of ARS 143.6 million in the previous year. This was mainly driven by the gain of fair value of investment properties and good results from the rental segment.
High Occupancy Rates
The shopping mall segment reached an occupancy of almost 98%, indicating strong demand for retail space.
New Acquisitions and Developments
The acquisition of Al Oeste Shopping mall for $9 million and plans for further development highlight the company's growth strategy. Additionally, the upcoming 18th shopping center, Distrito Diagonal in La Plata, is set to open in May 2027.
Stable Office Segment
The office segment remained stable with 100% occupancy, and rents at levels of $25 per square meter per month.
Dividend Distribution
A new dividend distribution with a yield of around 10% was started, reflecting a strong cash position and shareholder returns.
Negative Updates
Decline in Tenant Sales
Despite high occupancy, there was a 7% decline in tenant sales attributed to the electoral process and economic volatility.
Challenges in Hotel Segment
The hotel segment showed a decline in revenues and occupancy, with the average occupancy dropping from 67% to 52%.
Adjusted EBITDA Decline
The total adjusted EBITDA saw a decline of 7.5%, with a 22% decrease in the hotel segment.
Company Guidance
In the first quarter of fiscal year 2026, IRSA reported a gain of ARS 163.4 million, contrasting with a loss of ARS 143.6 million in the previous year, primarily due to the fair value gain of investment properties and strong rental segment performance. The company's shopping mall portfolio saw significant growth, with revenues and EBITDA increasing by 6% and 4%, respectively, despite a 7% decline in tenant sales attributed to election-related economic volatility. The office segment maintained stability with 100% occupancy and rental rates at $25 per square meter per month. However, the hotel segment experienced a decline in revenue and occupancy, with average occupancy dropping to 58% and room rates averaging $230. Notably, the acquisition of the Al Oeste Shopping mall for $9 million expands IRSA's shopping mall portfolio to 390,000 square meters of GLA. Additionally, the company announced a new dividend distribution with a 10% yield and continues to advance in ongoing developments such as Distrito Diagonal and Ramblas del Plata. Despite the increased investment activity, IRSA maintains a conservative debt position with a net debt of $308 million, representing 1.6x EBITDA and a coverage ratio of over 11x.

Irsa Inversiones Y Representaciones SA Financial Statement Overview

Summary
Irsa Inversiones Y Representaciones SA demonstrates strong financial performance with robust revenue and profit growth. The company maintains a stable balance sheet with moderate leverage and strong equity returns. Cash flow generation is impressive, supporting liquidity and operational needs. However, historical volatility in earnings suggests potential risks that should be monitored.
Income Statement
75
Positive
The company shows strong revenue growth with a 5.92% increase in TTM. Gross profit margin is healthy at 60.71%, and net profit margin is robust at 28.11%. EBIT and EBITDA margins are also strong at 50.64% and 52.94%, respectively. However, the company has experienced volatility in EBIT and net income in previous years, indicating potential risks.
Balance Sheet
70
Positive
The debt-to-equity ratio is stable at 0.32, indicating moderate leverage. Return on equity is strong at 20.32%, reflecting effective use of equity. The equity ratio is not provided, but the overall balance sheet shows a stable financial position with manageable debt levels.
Cash Flow
68
Positive
Free cash flow growth is impressive at 14.47% in TTM, indicating strong cash generation. The free cash flow to net income ratio is high at 0.97, showing efficient conversion of net income to cash. Operating cash flow is also strong, supporting the company's liquidity position.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue465.07B328.55B328.55B331.72B256.98B45.88B
Gross Profit280.38B219.31B219.31B217.28B159.94B22.68B
EBITDA640.78B-33.23B-33.23B39.01B375.51B542.00M
Net Income379.15B-29.13B-29.13B223.82B276.74B-105.80B
Balance Sheet
Total Assets2.50T2.50T2.24T2.64T803.67B365.32B
Cash, Cash Equivalents and Short-Term Investments186.06B186.06B148.96B160.30B67.30B8.36B
Total Debt455.48B455.48B377.70B412.24B163.76B103.37B
Total Liabilities1.27T1.27T1.09T1.21T437.77B229.67B
Stockholders Equity1.16T1.16T1.08T1.36T342.46B101.39B
Cash Flow
Free Cash Flow241.58M227.48M98.39M128.87M76.56M-76.30M
Operating Cash Flow249.26M235.15M103.79M133.26M79.74M-72.64M
Investing Cash Flow-184.65M-107.65M99.71M142.70M69.28M800.48M
Financing Cash Flow70.76M79.13M-210.28M-376.67M-52.28M-483.54M

Irsa Inversiones Y Representaciones SA Technical Analysis

Technical Analysis Sentiment
Positive
Last Price15.10
Price Trends
50DMA
12.62
Positive
100DMA
12.91
Positive
200DMA
12.86
Positive
Market Momentum
MACD
0.65
Positive
RSI
58.98
Neutral
STOCH
38.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IRS, the sentiment is Positive. The current price of 15.1 is above the 20-day moving average (MA) of 14.39, above the 50-day MA of 12.62, and above the 200-day MA of 12.86, indicating a bullish trend. The MACD of 0.65 indicates Positive momentum. The RSI at 58.98 is Neutral, neither overbought nor oversold. The STOCH value of 38.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IRS.

Irsa Inversiones Y Representaciones SA Risk Analysis

Irsa Inversiones Y Representaciones SA disclosed 4 risk factors in its most recent earnings report. Irsa Inversiones Y Representaciones SA reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
Technology Risks Q2, 2025
2.
Operational Risks Q2, 2025
3.
Market Risks Q2, 2025

Irsa Inversiones Y Representaciones SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$1.23B2.7832.84%9.21%2.00%
68
Neutral
$769.70M4.2420.18%10.34%-11.13%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
59
Neutral
$529.66M14.25%6.77%9.95%
54
Neutral
$752.96M-30.57-5.33%4.10%-16.60%58.86%
50
Neutral
$1.49B163.5328.00%28.46%-105.62%
48
Neutral
$514.02M-1.83-13.99%2.11%32.39%-19.35%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IRS
Irsa Inversiones Y Representaciones SA
14.88
-0.52
-3.38%
CODI
Compass Diversified Holdings
7.02
-16.09
-69.62%
CRESY
Cresud Sociedad
11.34
-0.57
-4.79%
MATW
Matthews International
24.45
-5.42
-18.15%
FBYD
Falcon's Beyond Global
20.80
12.59
153.35%
FIP
FTAI Infrastructure Incorporation
4.42
-4.13
-48.30%

Irsa Inversiones Y Representaciones SA Corporate Events

IRSA Announces Third Interest Payment on Series XX Notes
Dec 2, 2025

On December 10, 2025, IRSA will commence the payment of the third installment of interest on its Series XX Notes, originally issued on June 10, 2024. The payment, amounting to USD 692,348.92, will be made in USD to noteholders registered as of December 9, 2025, reflecting the company’s ongoing financial commitments and stability in managing its debt obligations.

IRSA to Pay Fifth Installment on Series XVII Notes
Dec 1, 2025

On December 9, 2025, IRSA will commence the payment of the fifth installment of interest and the principal amount related to its Series XVII Notes, which were issued on June 7, 2023. The total principal amount of USD 25,000,000 will be paid in full along with interest of USD 626,712.33, marking a significant financial transaction for the company and its stakeholders.

IRSA Reports Financial Growth and Share Issuance Update
Nov 25, 2025

IRSA Inversiones y Representaciones Sociedad Anónima released its unaudited condensed interim consolidated financial statements for the period ending September 30, 2025. The company reported an increase in its investment properties and trading properties, indicating a potential growth in its real estate portfolio. The capital increase and issuance of shares, resolved by the board on October 23, 2025, are in the process of being registered, which may impact the company’s financial structure and market positioning.

IRSA Announces Barter Agreement for ‘Ramblas del Plata’ Project
Nov 7, 2025

On November 7, 2025, IRSA Inversiones y Representaciones S.A. announced the signing of a barter agreement for a new lot in the ‘Ramblas del Plata’ project, covering 2,325 sqm with a saleable area of 5,020 sqm. The transaction, valued at USD 4.215 million, will be compensated through an upfront cash payment and future saleable sqm. This development signifies IRSA’s continued commitment to expanding its real estate portfolio and enhancing its market presence through strategic projects.

IRSA Modifies Warrant Terms Following Dividend Distribution
Nov 6, 2025

On November 6, 2025, IRSA Inversiones y Representaciones Sociedad Anónima announced modifications to the terms and conditions of its outstanding warrants for common shares following a cash dividend distribution to shareholders on November 4, 2025. The adjustments include a change in the ratio of shares to be issued per warrant from 1.4818 to 1.6367 and a decrease in the warrant exercise price per new share from USD 0.2917 to USD 0.2641, while other terms remain unchanged.

IRSA Reports Strong Financial Turnaround and Strategic Acquisitions
Nov 5, 2025

IRSA Inversiones y Representaciones SA reported a substantial turnaround in its financial performance for the first quarter of fiscal year 2026, ending September 30, 2025, with a net gain of ARS 163,438 million compared to a loss in the previous year. This improvement was largely driven by gains from changes in the fair value of investment properties. The company also saw growth in shopping mall revenues and adjusted EBITDA, although real tenant sales declined. Notably, IRSA acquired the ‘Al Oeste’ shopping center and achieved full occupancy in its premium office portfolio. Additionally, a significant cash dividend distribution was approved by the shareholders.

IRSA Approves Dividend and Appointments at Shareholders’ Meeting
Oct 31, 2025

On October 30, 2025, IRSA Inversiones y Representaciones Sociedad Anónima held its Ordinary and Extraordinary General Shareholders’ Meeting. Key resolutions included the approval of financial documents for the fiscal year ending June 30, 2025, which reported a profit of ARS 195.68 billion. A significant dividend distribution of ARS 164 billion was approved, alongside the allocation of funds to a special reserve for future projects. The meeting also approved the performance and compensation of the Board of Directors and the Supervisory Committee, and appointed directors and auditors for the upcoming fiscal year.

IRSA Acquires Strategic Property in Buenos Aires
Oct 31, 2025

On October 30, 2025, IRSA Inversiones y Representaciones S.A. announced the acquisition of a property located in the Flores neighborhood of Buenos Aires. The property, which spans 8,856 sqm with an existing built area of approximately 17,000 sqm, was purchased for USD 6.8 million. IRSA plans to refurbish and repurpose the site to enhance its value as an iconic asset in the city. The completion of the deed of transfer of ownership is still pending.

IRSA Announces Significant Cash Dividend for Shareholders
Oct 30, 2025

On October 30, 2025, IRSA Inversiones y Representaciones S.A. announced a cash dividend of ARS 173.8 billion, equivalent to 2,248.41% of the stock capital, to be distributed to shareholders starting November 4, 2025. This decision, made during the Ordinary and Extraordinary General Shareholders’ Meeting and Board of Directors meeting on the same date, reflects the company’s financial strategy and commitment to returning value to its shareholders. The dividend distribution is subject to a 7% withholding tax as per the Income Tax Law.

IRSA Approves ARS 173.79 Billion Dividend Distribution
Oct 30, 2025

On October 30, 2025, IRSA Inversiones y Representaciones S.A. announced that its General Ordinary and Extraordinary Shareholders’ Meeting approved a significant cash dividend distribution to shareholders. The dividend, initially set at ARS 164 billion, was adjusted for inflation to ARS 173.79 billion, reflecting the company’s robust financial performance and commitment to rewarding its investors.

IRSA Expands Share Base with Warrant Exercise in September 2025
Sep 30, 2025

Between September 17 and 25, 2025, IRSA Inversiones y Representaciones S.A. experienced a significant exercise of warrants by holders, resulting in the issuance of 10,536,907 ordinary shares and raising USD 3,073,616 for the company. This move increased the total number of shares from 762,520,793 to 773,057,700, while reducing the outstanding warrants from 60,964,074 to 53,853,144, potentially strengthening the company’s financial position and market presence.

IRSA Announces Shareholders’ Meeting and Dividend Proposal for October 2025
Sep 26, 2025

On September 25, 2025, IRSA Inversiones y Representaciones S.A. announced plans to hold a General Ordinary and Extraordinary Shareholders’ Meeting on October 30, 2025. The meeting will address several key agenda items, including the approval of a significant profit for the fiscal year ended June 30, 2025, amounting to ARS 195.68 billion, and the proposal to distribute dividends up to ARS 164 billion. The meeting will also consider the performance and compensation of the Board of Directors and the Supervisory Committee, the appointment of directors and auditors, and other corporate governance matters. This announcement reflects IRSA’s robust financial performance and strategic focus on shareholder returns, potentially impacting its market position and stakeholder interests.

IRSA to Begin Interest Payments on Series XXIV Notes
Sep 22, 2025

On September 30, 2025, IRSA Inversiones y Representaciones Sociedad Anónima will commence the payment of the first installment of interest on its Series XXIV Notes, which were issued on March 31, 2025. The payment, amounting to USD 12,018,167.92, will be made to noteholders registered as of September 29, 2025, with The Bank of New York Mellon acting as the payment agent. This marks a significant financial event for IRSA, reflecting its ongoing obligations and financial management strategies.

IRSA Acquires ‘Al Oeste’ Shopping Mall in Strategic Expansion
Sep 17, 2025

On September 17, 2025, IRSA Inversiones y Representaciones S.A. announced the acquisition of the ‘Al Oeste’ shopping mall located in Haedo, Morón district, west of Greater Buenos Aires. The shopping mall, currently underperforming, is set to be converted into an outlet center as part of IRSA’s development plan, with a relaunch scheduled for next year. The acquisition cost was USD 9 million, with half already paid and the remainder to be settled in four annual installments. This purchase expands IRSA’s shopping mall portfolio to 17 assets, enhancing its market presence in the region.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 03, 2025