Iren S.p.A. (IRE) AI Stock Analysis

• Market Cap: €3.37B
• Dividend Yield: 4.88%
• Average Volume (3M): 1.79M
• Price to Earnings (P/E): 12.0
• Beta (1Y): 0.60
• Revenue Growth: 9.09%
• EPS Growth: 16.49%
• Country: IT
• Employees: 11,133
• Sector: Utilities
• Sector Strength: 65
• Industry: Diversified Utilities
• EPS (TTM): 0.11
• Shares Outstanding: 1,300,931,400
• 10 Day Avg. Volume: 1,818,971
• 30 Day Avg. Volume: 1,794,137
• PEG Ratio: -0.33
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.17
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €2.90
• Price Target Upside: 13.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: €3.00 ▲(17.65%Upside)

Iren S.p.A. receives a balanced score, driven primarily by its solid financial performance and reasonable valuation. The technical indicators highlight bullish momentum but caution with overbought signals. Declining revenue remains a concern that could impact future growth.

Iren S.p.A. Business Overview & Revenue Model

Company Description

Iren S.p.A. is an Italian multi-utility company operating primarily in the energy, integrated water, environmental, and technological services sectors. The company provides electricity and gas distribution, district heating, and energy services, along with managing the integrated water cycle and waste collection and treatment services. It serves millions of residential and business customers across Italy, contributing to sustainable urban development and environmental protection.

How the Company Makes Money

Iren S.p.A. generates revenue through multiple streams associated with its diverse operations. In the energy sector, the company earns money by distributing electricity and gas to residential, commercial, and industrial customers. It also provides district heating services and energy efficiency solutions. In the integrated water sector, Iren makes money by managing and maintaining water supply and sewage systems, charging customers for water consumption and wastewater treatment. The environmental sector contributes to Iren's revenue by offering waste collection, recycling, and disposal services. Additionally, technological services, including telecommunications and infrastructure management, further support the company's revenue generation. Strategic partnerships with local municipalities and adherence to regulatory frameworks also play a crucial role in Iren's financial performance.

Iren S.p.A. Financial Statement Overview

Summary

Iren S.p.A. demonstrates solid profitability and operational efficiency, highlighted by consistent margins and cash flow generation. However, declining revenue is a concern, despite manageable debt levels and satisfactory equity returns.

Income Statement

Iren S.p.A. demonstrated a strong Gross Profit Margin, indicating efficient cost management. However, the company's revenue has been declining over the past two years, which is a concern for future growth potential. Despite this, both EBIT and EBITDA margins remain healthy, reflecting solid operating efficiency. The Net Profit Margin is stable, showing consistent profitability.

Balance Sheet

The Balance Sheet reveals a moderate Debt-to-Equity Ratio, suggesting a balanced approach to financing between debt and equity. The company's Return on Equity is reasonable, indicating satisfactory returns to shareholders. The Equity Ratio shows that a fair portion of the company's assets is funded by equity, which enhances financial stability.

Cash Flow

The Cash Flow statement highlights strong Free Cash Flow growth and a healthy Operating Cash Flow to Net Income ratio, indicating efficient cash management. The Free Cash Flow to Net Income ratio also suggests that the company is generating ample free cash from its operations, ensuring liquidity and flexibility for future investments or debt repayments.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.95B	6.41B	7.75B	4.91B	3.68B
Gross Profit	1.92B	1.86B	1.56B	1.54B	1.40B
EBITDA	1.23B	1.09B	949.36M	912.96M	838.82M
Net Income	268.47M	254.84M	226.02M	303.17M	239.17M
Balance Sheet
Total Assets	12.21B	11.69B	11.72B	10.31B	9.55B
Cash, Cash Equivalents and Short-Term Investments	326.57M	436.13M	788.40M	606.89M	890.17M
Total Debt	614.15M	653.91M	106.62M	3.94B	3.98B
Total Liabilities	8.87B	8.44B	8.53B	7.36B	6.79B
Stockholders Equity	2.88B	2.81B	2.75B	2.57B	2.39B
Cash Flow
Free Cash Flow	252.96M	-186.31M	185.49M	192.70M	136.36M
Operating Cash Flow	1.08B	680.29M	1.08B	950.47M	821.51M
Investing Cash Flow	-901.04M	-886.62M	-1.14B	-811.79M	-791.22M
Financing Cash Flow	-291.70M	-145.95M	240.56M	-421.96M	514.00M

Iren S.p.A. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:IRE, the sentiment is Neutral. The current price of 2.55 is below the 20-day moving average (MA) of 2.59, above the 50-day MA of 2.50, and above the 200-day MA of 2.09, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 51.48 is Neutral, neither overbought nor oversold. The STOCH value of 42.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:IRE.

Iren S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IG	79 Outperform	€7.34B	13.04	20.21%	5.38%	-3.34%	8.88%
ENEL	76 Outperform	€83.28B	11.74	25.20%	4.57%	-7.85%	63.65%
A2A	75 Outperform	€7.17B	8.67	16.17%	4.37%	2.73%	6.02%
Sector *	71 Outperform	€13.35B	44.99	12.20%	4.32%	2.01%	5.74%
ACE	69 Neutral	€4.37B	12.58	13.68%	4.63%	-2.19%	14.21%
IRE	69 Neutral	€3.37B	11.97	8.81%	4.88%	9.09%	16.49%
HER	60 Neutral	€5.98B	11.70	13.57%	3.67%	10.92%	29.39%

Iren S.p.A. Corporate Events

Iren S.p.A. Completes Full Acquisition of Egea Holding

Iren S.p.A. has acquired full control of Egea Holding by purchasing the remaining 47.23% stake from MidCo 2024 Srl for a total of 74.8 million euros, with an additional 4 million euros for Capo dell’Acqua’s shares. This acquisition will enable Iren to rapidly implement development investments and integrate new growth projects, particularly in renewable energy, enhancing its market position and operational capabilities.

The most recent analyst rating on (IT:IRE) stock is a Buy with a EUR2.30 price target. To see the full list of analyst forecasts on Iren S.p.A. stock, see the IT:IRE Stock Forecast page.

Iren S.p.A. Publishes Shareholders’ Meeting Minutes

Iren S.p.A. announced the availability of the minutes from its Ordinary Shareholders’ Meeting held on April 24, 2025. The documents are accessible to the public at various locations, including the company’s website and authorized storage mechanisms, ensuring transparency and compliance with financial regulations.

The most recent analyst rating on (IT:IRE) stock is a Buy with a EUR2.30 price target. To see the full list of analyst forecasts on Iren S.p.A. stock, see the IT:IRE Stock Forecast page.

Iren S.p.A. Reports Robust Q1 2025 Results with Strategic Growth Initiatives

Iren S.p.A. reported strong financial results for the first quarter of 2025, with a 9% increase in EBITDA and an 8% rise in net profit, driven by strategic investments and the consolidation of Egea. The company’s investments in infrastructure and sustainability initiatives, such as a 12% increase in technical investments and a 35% expansion in waste collection services, underscore its commitment to growth and environmental responsibility, positioning it as a leader in the utility sector.

The most recent analyst rating on (IT:IRE) stock is a Buy with a EUR2.30 price target. To see the full list of analyst forecasts on Iren S.p.A. stock, see the IT:IRE Stock Forecast page.

Iren S.p.A. Board Appoints New Leadership and Committee Members

Iren S.p.A.’s Board of Directors has appointed new leadership roles, assigning specific delegations and powers to ensure stability and continuity in management. The Board has also verified the integrity and independence of its directors, adhering to corporate governance standards, and appointed members to its Control, Risks, and Sustainability Committee.

Iren S.p.A. Approves 2024 Financials and Appoints New Board

Iren S.p.A.’s Shareholders’ Meeting approved the 2024 financial statements, a dividend proposal of 0.1283 euros per share, and appointed a new Board of Directors with Luca Dal Fabbro confirmed as Chairman. The company has demonstrated resilience in facing challenges like the energy crisis, achieving an average annual EBITDA growth of 8% and making substantial investments. These efforts underscore Iren’s commitment to its multi-business model and its strategic goals, ensuring continued growth and stakeholder value.

Iren S.p.A. Prepares for Shareholders’ Meeting

Iren S.p.A. has announced the availability of documents related to the upcoming Ordinary Shareholders’ Meeting scheduled for April 24, 2025. The meeting will address the determination of annual compensation for the Board of Directors, with documents accessible at the company’s registered office, Borsa Italiana, and online platforms.

Iren S.p.A. Updates Key Transaction Document with Municipality of Turin

Iren S.p.A. has updated its information document regarding a significant transaction with a related party, reflecting adjustments in the ‘REMbaseMAN’ fee due to changes in the Istat index. This update pertains to a project financing agreement with the Municipality of Turin aimed at enhancing the energy efficiency of buildings, indicating Iren’s ongoing efforts to improve operational efficiency and strengthen its market position in urban infrastructure projects.