IRESS Ltd IRSMF
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.
News
Trading Information
- Previous Close Price
- $4.99
- Day Range
- $4.01–4.01
- 52-Week Range
- $4.01–4.99
- 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
- Website
- https://www.iress.com
Competitors
Valuation
|
Metric
|
IRSMF
|
LSEG
|
MSCI
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.61 | 18.49 | 29.79 |
Price/Book Value | 2.55 | 2.14 | — |
Price/Sales | 2.27 | 4.35 | 12.37 |
Price/Cash Flow | 13.32 | 9.73 | 24.59 |
Price/Earnings
IRSMF
LSEG
MSCI
Financial Strength
|
Metric
|
IRSMF
|
LSEG
|
MSCI
|
|---|---|---|---|
Quick Ratio | 1.71 | 0.01 | 0.77 |
Current Ratio | 1.76 | 1.00 | 0.89 |
Interest Coverage | 16.11 | 6.59 | 7.13 |
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
Software - Application Industry Comparables
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1-Day Chart
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