Iress Ltd
ASX:IRE

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Iress Ltd
ASX:IRE
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Price: 6.83 AUD -0.73% Market Closed
Market Cap: AU$1.3B

P/B

3
Current
31%
Cheaper
vs 3-y average of 4.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3
=
Market Cap
AU$1.3B
/
Total Equity
AU$423.1m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3
=
Market Cap
AU$1.3B
/
Total Equity
AU$423.1m

Valuation Scenarios

Iress Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (4.4), the stock would be worth AU$9.91 (45% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-11%
Maximum Upside
+148%
Average Upside
55%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3 AU$6.83
0%
3-Year Average 4.4 AU$9.91
+45%
5-Year Average 4.1 AU$9.31
+36%
Industry Average 7.4 AU$16.92
+148%
Country Average 2.7 AU$6.09
-11%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Iress Ltd
ASX:IRE
1.3B AUD 3 16
US
Ezenia! Inc
OTC:EZEN
567B USD -503 105.6 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
341.1B USD 46.1 209.4
DE
SAP SE
XETRA:SAP
173.9B EUR 3.9 24.3
US
Salesforce Inc
NYSE:CRM
168.8B USD 2.9 22.6
US
Applovin Corp
NASDAQ:APP
155.7B USD 72.9 46.7
US
Intuit Inc
NASDAQ:INTU
108.2B USD 5.7 24.9
US
Adobe Inc
NASDAQ:ADBE
97.2B USD 8.5 13.5
US
Synopsys Inc
NASDAQ:SNPS
95.4B USD 3.1 86.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
91.5B USD 16.7 82.5
US
NCR Corp
LSE:0K45
90.2B USD 78.1 2 147.1
P/E Multiple
Earnings Growth PEG
AU
Iress Ltd
ASX:IRE
Average P/E: 267.4
16
7%
2.3
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
209.4
58%
3.6
DE
SAP SE
XETRA:SAP
24.3
17%
1.4
US
Salesforce Inc
NYSE:CRM
22.6
31%
0.7
US
Applovin Corp
NASDAQ:APP
46.7
38%
1.2
US
Intuit Inc
NASDAQ:INTU
24.9
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
13.5
20%
0.7
US
Synopsys Inc
NASDAQ:SNPS
86.7
44%
2
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.5
39%
2.1
US
N
NCR Corp
LSE:0K45
2 147.1
52%
41.3

Market Distribution

In line with most companies in Australia
Percentile
56th
Based on 2 062 companies
56th percentile
3
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Iress Ltd
Glance View

Market Cap
1.3B 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 18%
Intrinsic Value
Price AU$6.83
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