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Irsa Inversiones Y Representaciones SA (IRS)
NYSE:IRS
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Irsa Inversiones Y Representaciones SA
(NYSE:IRS)
Rating:62Neutral
Price Target:
$15.00
▼(-3.85%Downside)
Irsa Inversiones Y Representaciones SA (IRS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.16B
Dividend Yield6.4%
Average Volume (3M)158.13K
Price to Earnings (P/E)8.1
Beta (1Y)0.38
Revenue Growth-0.52%
EPS GrowthN/A
CountryUS
Employees1,289
SectorReal Estate
Sector Strength66
IndustryConglomerates
Share Statistics
EPS (TTM)0.98
Shares Outstanding76,252,080
10 Day Avg. Volume185,825
30 Day Avg. Volume158,126
Financial Highlights & Ratios
PEG Ratio0.33
Price to Book (P/B)4.13
Price to Sales (P/S)0.00
P/FCF Ratio42.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.50Price Target Upside-7.05% Downside
Rating ConsensusHold
Number of Analyst Covering0
Irsa Inversiones Y Representaciones SA Business Overview & Revenue Model
Company DescriptionIRSA Inversiones y Representaciones Sociedad Anónima engages in the diversified real estate activities in Argentina. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes. It also develops and sells residential properties; acquires and operates luxury hotels; and acquires undeveloped land reserves for future development or sale. The company was incorporated in 1943 and is headquartered in Buenos Aires, Argentina. IRSA Inversiones y Representaciones Sociedad Anónima is a subsidiary of Cresud Sociedad Anónima Comercial.
How the Company Makes MoneyIRSA generates revenue through multiple streams, primarily from leasing and managing its portfolio of commercial properties, which include shopping malls and office spaces. The company earns rental income from tenants occupying these properties. Additionally, IRSA develops and sells residential properties, contributing to its revenue through property sales. The company also benefits from strategic partnerships and joint ventures that enhance its real estate development projects, providing further income opportunities. Other significant factors contributing to its earnings include property appreciation and capital gains from the sale of real estate assets.
Irsa Inversiones Y Representaciones SA Earnings Call Summary
Earnings Call Date:May 06, 2025
(Q3-2025)
| % Change Since: 10.25%|
Next Earnings Date:Sep 09, 2025
Earnings Call Sentiment Positive
The earnings call highlighted strong financial recovery, record performance in shopping malls, and successful capital market activities. However, challenges remain in the hotel segment and currency-related valuation impacts. Overall, the company's positive trends seem to outweigh the lowlights.Q3-2025 Updates
Positive Updates
Reversal of Previous Losses
The company posted a gain of ARS35 billion, reversing a loss of ARS40 billion from the previous six months.
Record High EBITDA for Malls
In the last 12 months in dollar terms, the company achieved a record high EBITDA for malls over the last 10 years, reaching almost $160 million.
Occupancy and Tenant Sales Growth
Shopping malls achieved a 98.1% occupancy rate, and tenant sales increased by 13.4% compared to the same quarter in 2024.
Successful International Bond Issuance
The company issued 10-year notes for $300 million at a yield of 8.5%, marking their return to the international capital markets since 2016.
Progress in Ramblas Del Plata Project
Since launching nine months ago, two parcels were sold for $23.4 million, and swaps for another nine parcels totaling $42.7 million were signed.
Negative Updates
Drop in Hotel Revenues
The hotel segment faced a decline in revenues and occupancy due to reduced international tourism and currency depreciation.
Adjusted EBITDA Drop
The adjusted EBITDA for the rental segment experienced a 4.9% drop, mainly triggered by the hotel segment.
Impact of Currency Appreciation
Appreciation of the peso led to valuation losses in investment properties, affecting net income figures.
Company Guidance
During the third quarter of fiscal year 2025, IRSA reported a gain of ARS35 billion, reversing a loss of ARS40 billion from the prior six months. Tenant sales increased by 13.4% year-over-year, and the company's shopping malls achieved a record high EBITDA in dollar terms for the past decade, with an occupancy rate of 98.1%. Despite a drop in hotel revenues, the hotels maintained an average occupancy rate of 65%, although affected by construction works. The company also successfully issued $300 million in notes for ten years, demonstrating robust access to international capital markets. Additionally, IRSA's ambitious Ramblas Del Plata project has seen significant commercialization progress, with sales and swaps reaching $166.1 million, indicating strong market interest. Management remains optimistic about future growth, supported by a conservative debt structure with a leverage ratio of 1.3 times EBITDA and an LTV of 10%.Irsa Inversiones Y Representaciones SA Financial Statement Overview
Summary
Irsa Inversiones Y Representaciones SA shows strong revenue growth and a stable balance sheet. However, profitability remains a concern with negative margins in recent periods, necessitating operational improvements. The company's cash flow position is solid, although there are fluctuations in operational performance.Income Statement
The company has experienced significant revenue growth over the years, notably a dramatic increase from 2020 to the current TTM period. However, margins have been under pressure, with the latest TTM data showing negative EBIT and EBITDA margins, indicating operational challenges. Net profit margins have also been negative in recent periods, reflecting profitability concerns.45
Neutral
Balance Sheet
Irsa Inversiones Y Representaciones SA maintains a relatively strong equity position with an improving debt-to-equity ratio over time. However, the company still carries a substantial amount of debt, posing potential risks. The equity ratio has been stable, providing some assurance of financial stability.60
Neutral
Cash Flow
The company shows a robust free cash flow, which has grown in recent periods, indicating good cash generation ability. However, the operating cash flow to net income ratio has fluctuated, reflecting inconsistent operational performance. Despite these fluctuations, the free cash flow to net income ratio demonstrates a capacity to generate cash relative to reported earnings.55
Neutral
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 380.95B | 328.55B | 89.28B | 32.09B | 12.98B | 95.79B |
| Gross Profit | 237.50B | 219.31B | 58.48B | 19.97B | 6.41B | 33.59B |
| EBITDA | -392.51B | -33.23B | 39.01B | 13.52B | -3.78B | 98.50B |
| Net Income | -274.99B | -29.13B | 60.24B | 34.55B | -28.67B | 5.65B |
Balance Sheet | ||||||
| Total Assets | 2.50T | 2.24T | 711.61B | 372.79B | 222.78B | 627.20B |
| Cash, Cash Equivalents and Short-Term Investments | 186.06B | 148.96B | 43.15B | 31.22B | 5.10B | 113.17B |
| Total Debt | 455.48B | 377.70B | 110.96B | 75.96B | 63.04B | 394.40B |
| Total Liabilities | 1.27T | 1.09T | 324.34B | 203.06B | 140.06B | 504.54B |
| Stockholders Equity | 1.16T | 1.08T | 364.94B | 158.85B | 61.83B | 57.13B |
Cash Flow | ||||||
| Free Cash Flow | 123.02B | 99.45B | 35.56B | 12.28B | 1.10B | 22.17B |
| Operating Cash Flow | 130.15B | 103.50B | 36.49B | 12.68B | 1.46B | 31.11B |
| Investing Cash Flow | 14.10B | 83.25B | 26.44B | 11.20B | 67.88B | 40.64B |
| Financing Cash Flow | -139.17B | -190.94B | -81.12B | -13.66B | -48.84B | -76.13B |
Irsa Inversiones Y Representaciones SA Technical Analysis
Positive
15.60
Price Trends
14.70
Positive
14.12
Positive
14.12
Positive
Market Momentum
0.14
Negative
60.90
Neutral
86.31
Negative
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 15.6 is above the 20-day moving average (MA) of 14.52, above the 50-day MA of 14.70, and above the 200-day MA of 14.12, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 60.90 is Neutral, neither overbought nor oversold. The STOCH value of 86.31 is Negative, 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 147 risk factors in its most recent earnings report. Irsa Inversiones Y Representaciones SA reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Irsa Inversiones Y Representaciones SA Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | $6.87B | 15.19 | -1.99% | 6.97% | 4.50% | -23.97% | |
62 Neutral | $1.16B | 8.13 | 11.71% | 6.40% | -0.52% | ― | |
61 Neutral | $690.40M | 6.38 | 12.81% | 0.67% | -3.07% | -18.57% | |
61 Neutral | $784.79M | 3.62 | 24.14% | ― | 5.83% | 72.33% | |
61 Neutral | $770.05M | ― | -6.42% | 1.37% | 5.70% | 36.39% | |
51 Neutral | $514.24M | 238.27 | 0.46% | ― | 7.04% | 268.20% | |
50 Neutral | $506.34M | ― | -4.98% | 14.64% | 6.77% | 9.95% |
* Real Estate Sector Average
Performance Comparison
IRS
Irsa Inversiones Y Representaciones SA
15.60
7.05
82.46%
CODI
Compass Diversified Holdings
6.83
-16.22
-70.37%
CRESY
Cresud Sociedad
11.36
4.04
55.19%
SPLP
Steel Partners Holdings
40.48
3.36
9.05%
TRC
Tejon Ranch Company
18.99
-0.30
-1.56%
FIP
FTAI Infrastructure Incorporation
6.58
-3.21
-32.79%
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.