IRESS Ltd IRSMF

Morningstar Rating
$4.01 −0.98 (19.64%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IRSMF is trading at a LOCK|y&x^? premium.
Price
$4.01
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

News

Trading Information

Previous Close Price
$4.99
Day Range
$4.014.01
52-Week Range
$4.014.99
Bid/Ask
$0.00 / $4,004.55
Shares Outstanding
186.79M
Market Cap
$749.03M
Volume/Avg
100 / 150

Key Statistics

Price/Earnings (Normalized)
13.61
Price/Sales
2.27
Dividend Yield (Trailing)
4.79%
Dividend Yield (Forward)
4.79%
Dividend Payment Schedule
Apr, Sep
Total Yield
4.87%

Company Profile

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core Trading and Market Data and Wealth businesses, and divesting/monetizing noncore assets. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Core
Total Number of Employees
1,422

Competitors

Valuation

Metric
IRSMF
LSEG
MSCI
Price/Earnings (Normalized)
13.6118.4929.79
Price/Book Value
2.552.14
Price/Sales
2.274.3512.37
Price/Cash Flow
13.329.7324.59
Price/Earnings
IRSMF
LSEG
MSCI

Financial Strength

Metric
IRSMF
LSEG
MSCI
Quick Ratio
1.710.010.77
Current Ratio
1.761.000.89
Interest Coverage
16.116.597.13
Quick Ratio
IRSMF
LSEG
MSCI

Profitability

Metric
IRSMF
LSEG
MSCI
Return on Assets (Normalized)
11.86%0.32%25.07%
Return on Equity (Normalized)
19.37%13.33%
Return on Invested Capital (Normalized)
13.91%8.39%42.55%
Return on Assets
IRSMF
LSEG
MSCI

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