Iren SpA
MIL:IRE

Watchlist Manager
Iren SpA Logo
Iren SpA
MIL:IRE
Watchlist
Price: 2.718 EUR 3.9% Market Closed
Market Cap: 3.5B EUR

Relative Value

The Relative Value of one IRE stock under the Base Case scenario is 6.685 EUR. Compared to the current market price of 2.718 EUR, Iren SpA is Undervalued by 59%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IRE Relative Value
Base Case
6.685 EUR
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
84
Median 3Y
0.3
Median 5Y
0.3
Industry
1.7
Forward
0.5
vs History
46
vs Industry
63
Median 3Y
6.7
Median 5Y
6.8
Industry
15.2
Forward
11.5
vs History
44
vs Industry
72
Median 3Y
2.5
Median 5Y
3
Industry
7.4
vs History
28
vs Industry
54
Median 3Y
4.4
Median 5Y
4.7
Industry
14.6
vs History
38
vs Industry
58
Median 3Y
0.9
Median 5Y
0.9
Industry
1.4
vs History
44
vs Industry
78
Median 3Y
0.8
Median 5Y
0.8
Industry
2.9
Forward
1.3
vs History
47
vs Industry
87
Median 3Y
1.3
Median 5Y
1.3
Industry
7.9
vs History
44
vs Industry
70
Median 3Y
5
Median 5Y
5.1
Industry
10.7
Forward
6
vs History
38
vs Industry
60
Median 3Y
8.9
Median 5Y
8.9
Industry
15.3
Forward
14.5
vs History
25
vs Industry
65
Median 3Y
6.7
Median 5Y
6.4
Industry
11.3
vs History
20
vs Industry
21
Median 3Y
25.2
Median 5Y
25.6
Industry
17
vs History
17
vs Industry
61
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9

Multiples Across Competitors

IRE Competitors Multiples
Iren SpA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IT
Iren SpA
MIL:IRE
3.5B EUR 0.3 7.1 5.2 9.1
UK
National Grid PLC
LSE:NG
58.8B GBP 3.4 20.5 12.6 18.8
FR
Engie SA
PAR:ENGI
57.5B EUR 0.8 11.7 5.7 8.7
US
Sempra Energy
NYSE:SRE
56.4B USD 4.1 26.7 15.5 28.5
DE
E.ON SE
XETRA:EOAN
43.6B EUR 0.5 14.5 7.8 13.7
US
Sempra
VSE:SREN
43.4B EUR 3.7 24 14.5 26.7
US
Dominion Energy Inc
NYSE:D
48.7B USD 3.1 21.3 12.9 20.1
DE
RWE AG
XETRA:RWE
34.8B EUR 1.6 15.4 7.5 18.5
US
Public Service Enterprise Group Inc
NYSE:PEG
38.7B USD 3.3 18.6 14 20.9
DE
E ON SE
MIL:EOAN
31.3B EUR 0.4 26.7 9.9 35.4
US
Consolidated Edison Inc
NYSE:ED
35.9B USD 2.2 17.6 11.9 21.1
P/S Multiple
Revenue Growth P/S to Growth
IT
Iren SpA
MIL:IRE
Average P/S: 2.1
0.3
3%
0.1
UK
National Grid PLC
LSE:NG
3.4
6%
0.6
FR
Engie SA
PAR:ENGI
0.8
1%
0.8
US
Sempra Energy
NYSE:SRE
4.1
4%
1
DE
E.ON SE
XETRA:EOAN
0.5
5%
0.1
US
S
Sempra
VSE:SREN
3.7
4%
0.9
US
Dominion Energy Inc
NYSE:D
3.1
8%
0.4
DE
RWE AG
XETRA:RWE
1.6
1%
1.6
US
Public Service Enterprise Group Inc
NYSE:PEG
3.3
9%
0.4
DE
E ON SE
MIL:EOAN
0.4
1%
0.4
US
Consolidated Edison Inc
NYSE:ED
2.2
6%
0.4
P/E Multiple
Earnings Growth PEG
IT
Iren SpA
MIL:IRE
Average P/E: 18.6
7.1
7%
1
UK
National Grid PLC
LSE:NG
20.5
17%
1.2
FR
Engie SA
PAR:ENGI
11.7
6%
1.9
US
Sempra Energy
NYSE:SRE
26.7
9%
3
DE
E.ON SE
XETRA:EOAN
14.5
-9%
N/A
US
S
Sempra
VSE:SREN
24
8%
3
US
Dominion Energy Inc
NYSE:D
21.3
18%
1.2
DE
RWE AG
XETRA:RWE
15.4
-24%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
18.6
10%
1.9
DE
E ON SE
MIL:EOAN
26.7
77%
0.3
US
Consolidated Edison Inc
NYSE:ED
17.6
9%
2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
IT
Iren SpA
MIL:IRE
Average EV/EBITDA: 10.7
5.2
7%
0.7
UK
National Grid PLC
LSE:NG
12.6
12%
1.1
FR
Engie SA
PAR:ENGI
5.7
0%
N/A
US
Sempra Energy
NYSE:SRE
15.5
6%
2.6
DE
E.ON SE
XETRA:EOAN
7.8
-8%
N/A
US
S
Sempra
VSE:SREN
14.5
6%
2.4
US
Dominion Energy Inc
NYSE:D
12.9
13%
1
DE
RWE AG
XETRA:RWE
7.5
-7%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
14
14%
1
DE
E ON SE
MIL:EOAN
9.9
-23%
N/A
US
Consolidated Edison Inc
NYSE:ED
11.9
13%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IT
Iren SpA
MIL:IRE
Average EV/EBIT: 20.1
9.1
5%
1.8
UK
National Grid PLC
LSE:NG
18.8
14%
1.3
FR
Engie SA
PAR:ENGI
8.7
2%
4.4
US
Sempra Energy
NYSE:SRE
28.5
8%
3.6
DE
E.ON SE
XETRA:EOAN
13.7
-11%
N/A
US
S
Sempra
VSE:SREN
26.7
8%
3.3
US
Dominion Energy Inc
NYSE:D
20.1
17%
1.2
DE
RWE AG
XETRA:RWE
18.5
-9%
N/A
US
Public Service Enterprise Group Inc
NYSE:PEG
20.9
18%
1.2
DE
E ON SE
MIL:EOAN
35.4
-30%
N/A
US
Consolidated Edison Inc
NYSE:ED
21.1
14%
1.5