MTAAIRE
Market cap2.50bUSD
Dec 20, Last price
1.87EUR
1D
0.00%
1Q
-6.03%
Jan 2017
20.18%
Name
Iren SpA
Chart & Performance
Profile
Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,849 kilometers of medium and low voltage networks to approximately 725,000 connected users; and natural gas through its network of approximately 8,115 kilometers of high, medium, and low-pressure pipes to approximately 741,000 customers. The company also operates integrated water cycle, which includes 20,088 kilometers of pipeline networks that serve 2.8 million residents; 11,291 kilometers of sewerage networks; and operates treatment plants. In addition, it is involved in the provision of services related to street lighting systems, traffic light systems, heating systems, and electrical and special systems; collection and disposal of waste; snow clearing services; and analysis laboratories, telecommunications, and other services. It operates 23 hydroelectric plants, 7 thermoelectric cogeneration systems, and 1 thermoelectric plant, as well as 95 photovoltaic production plants with an installed capacity of 18 MW. Iren SpA is based in Reggio Emilia, Italy.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 6,406,509 -17.38% | 7,754,010 57.94% | 4,909,531 33.33% | |||||||
Cost of revenue | 4,544,302 | 6,200,146 | 3,368,703 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,862,207 | 1,553,864 | 1,540,828 | |||||||
NOPBT Margin | 29.07% | 20.04% | 31.38% | |||||||
Operating Taxes | 97,095 | 128,851 | 90,332 | |||||||
Tax Rate | 5.21% | 8.29% | 5.86% | |||||||
NOPAT | 1,765,112 | 1,425,013 | 1,450,496 | |||||||
Net income | 254,845 12.75% | 226,017 -25.45% | 303,172 26.76% | |||||||
Dividends | (176,580) | (157,611) | (149,458) | |||||||
Dividend yield | 6.99% | 8.36% | 4.39% | |||||||
Proceeds from repurchase of equity | (633) | 113,519 | ||||||||
BB yield | 0.03% | -3.34% | ||||||||
Debt | ||||||||||
Debt current | 735,693 | 106,620 | 446,260 | |||||||
Long-term debt | 4,061,662 | 4,231,283 | 3,533,613 | |||||||
Deferred revenue | 518,414 | 438,344 | 431,783 | |||||||
Other long-term liabilities | 555,641 | 612,254 | 647,556 | |||||||
Net debt | 4,115,910 | 2,979,747 | 2,884,398 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 680,295 | 1,083,057 | 950,472 | |||||||
CAPEX | (866,605) | (897,565) | (757,775) | |||||||
Cash from investing activities | (886,617) | (1,142,103) | (811,793) | |||||||
Cash from financing activities | (145,946) | 240,560 | (421,960) | |||||||
FCF | 1,672,322 | 995,877 | 1,344,775 | |||||||
Balance | ||||||||||
Cash | 436,134 | 788,402 | 606,888 | |||||||
Long term investments | 245,311 | 569,754 | 488,587 | |||||||
Excess cash | 361,120 | 970,456 | 849,998 | |||||||
Stockholders' equity | 3,147,125 | 3,322,843 | 3,159,504 | |||||||
Invested Capital | 8,737,057 | 7,519,884 | 7,024,842 | |||||||
ROIC | 21.72% | 19.59% | 21.28% | |||||||
ROCE | 20.18% | 18.00% | 19.12% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,283,076 | 1,283,076 | 1,283,304 | |||||||
Price | 1.97 34.01% | 1.47 -44.53% | 2.65 24.65% | |||||||
Market cap | 2,527,660 34.01% | 1,886,122 -44.54% | 3,400,756 23.82% | |||||||
EV | 7,078,722 | 5,311,938 | 6,665,283 | |||||||
EBITDA | 2,462,884 | 2,076,455 | 2,018,718 | |||||||
EV/EBITDA | 2.87 | 2.56 | 3.30 | |||||||
Interest | 115,182 | 62,712 | 53,845 | |||||||
Interest/NOPBT | 6.19% | 4.04% | 3.49% |