Iress Ltd
ASX:IRE

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Iress Ltd
ASX:IRE
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Price: 7.23 AUD 0.98% Market Closed
Market Cap: AU$1.4B

EV/EBIT

16.6
Current
53%
Cheaper
vs 3-y average of 35.5

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.6
=
Enterprise Value
AU$1.4B
/
EBIT
AU$86.7m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
16.6
=
Enterprise Value
AU$1.4B
/
EBIT
AU$86.7m

Valuation Scenarios

Iress Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (35.5), the stock would be worth AU$15.46 (114% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+122%
Average Upside
77%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 16.6 AU$7.23
0%
3-Year Average 35.5 AU$15.46
+114%
5-Year Average 28.7 AU$12.5
+73%
Industry Average 36.9 AU$16.04
+122%
Country Average 16.8 AU$7.31
+1%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
AU$1.4B
/
Jan 2026
AU$86.7m
=
16.6
Current
AU$1.4B
/
Dec 2026
AU$125m
=
10.9
Forward
AU$1.4B
/
Dec 2027
AU$134.3m
=
10.1
Forward
AU$1.4B
/
Dec 2028
AU$141.8m
=
9.6
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
AU
Iress Ltd
ASX:IRE
1.3B AUD 16.6 17
US
Ezenia! Inc
OTC:EZEN
567B USD -177 298 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
347.9B USD 249.9 221.6
DE
SAP SE
XETRA:SAP
176.3B EUR 16.5 23.9
US
Salesforce Inc
NYSE:CRM
175.3B USD 20.1 23.9
US
Applovin Corp
NASDAQ:APP
160.1B USD 39.3 48.6
US
Intuit Inc
NASDAQ:INTU
112.3B USD 20.9 25.9
US
Adobe Inc
NASDAQ:ADBE
100.4B USD 11.3 14.4
US
NCR Corp
LSE:0K45
93.7B USD 652.4 2 231.7
US
Synopsys Inc
NASDAQ:SNPS
89.5B USD 100 82.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
88.6B USD 53.5 80.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Iress Ltd
ASX:IRE
Average EV/EBIT: 118
16.6
18%
0.9
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
249.9
82%
3
DE
SAP SE
XETRA:SAP
16.5
15%
1.1
US
Salesforce Inc
NYSE:CRM
20.1
29%
0.7
US
Applovin Corp
NASDAQ:APP
39.3
37%
1.1
US
Intuit Inc
NASDAQ:INTU
20.9
31%
0.7
US
Adobe Inc
NASDAQ:ADBE
11.3
17%
0.7
US
N
NCR Corp
LSE:0K45
652.4
23%
28.4
US
Synopsys Inc
NASDAQ:SNPS
100
79%
1.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
53.5
28%
1.9
P/E Multiple
Earnings Growth PEG
AU
Iress Ltd
ASX:IRE
Average P/E: 277
17
7%
2.4
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
221.6
58%
3.8
DE
SAP SE
XETRA:SAP
23.9
17%
1.4
US
Salesforce Inc
NYSE:CRM
23.9
29%
0.8
US
Applovin Corp
NASDAQ:APP
48.6
38%
1.3
US
Intuit Inc
NASDAQ:INTU
25.9
30%
0.9
US
Adobe Inc
NASDAQ:ADBE
14.4
20%
0.7
US
N
NCR Corp
LSE:0K45
2 231.7
52%
42.9
US
Synopsys Inc
NASDAQ:SNPS
82.2
44%
1.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.6
39%
2.1

Market Distribution

In line with most companies in Australia
Percentile
49th
Based on 1 236 companies
49th percentile
16.6
Low
0 — 10.7
Typical Range
10.7 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10.7
Median 16.8
70th Percentile 24.5
Max 6 797.5

Iress Ltd
Glance View

Market Cap
1.4B AUD
Industry
Technology

IRESS Ltd. is a technology company, which provides software to the financial services industry. The company is headquartered in Melbourne, Victoria and currently employs 2,224 full-time employees. The company went IPO on 2000-11-03. Its segments include APAC, United Kingdom(UK) & Europe, Mortgages, South Africa, and North America. APAC segment provides market data, trading, compliance, order management, portfolio systems and related tools to financial markets participants in Australia, New Zealand, and Asia. UK & Europe segment provides information, trading, compliance, order management, portfolio systems and related tools to cash equity participants, and the wealth management business. Mortgages segment operates in the United Kingdom to provide mortgage origination software and associated consulting services to banks. North America Provides information, trading, compliance, order management, portfolio systems and related tools to financial markets and wealth management participants in Canada.

IRE Intrinsic Value
8.35 AUD
Undervaluation 13%
Intrinsic Value
Price AU$7.23
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