Iress Ltd
ASX:IRE

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Iress Ltd
ASX:IRE
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Price: 7.16 AUD Market Closed
Market Cap: AU$1.3B

P/B

3.1
Current
28%
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
3.1
=
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
3.1
=
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 (38% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-15%
Maximum Upside
+136%
Average Upside
47%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.1 AU$7.16
0%
3-Year Average 4.4 AU$9.91
+38%
5-Year Average 4.1 AU$9.31
+30%
Industry Average 7.4 AU$16.92
+136%
Country Average 2.7 AU$6.09
-15%

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 3.1 16.8
US
Ezenia! Inc
OTC:EZEN
567B USD -503 105.6 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
363.8B USD 45.6 207.2
DE
SAP SE
XETRA:SAP
164.1B EUR 3.7 22.4
US
Salesforce Inc
NYSE:CRM
177.8B USD 2.7 21.8
US
Applovin Corp
NASDAQ:APP
153.7B USD 72 46.1
US
Intuit Inc
NASDAQ:INTU
113.4B USD 5.6 24.5
US
Adobe Inc
NASDAQ:ADBE
103.9B USD 8.5 13.5
US
NCR Corp
LSE:0K45
93B USD 80.5 2 214.5
US
Synopsys Inc
NASDAQ:SNPS
91.4B USD 2.9 79.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
85.4B USD 15.6 77
P/E Multiple
Earnings Growth PEG
AU
Iress Ltd
ASX:IRE
Average P/E: 272.3
16.8
7%
2.4
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
207.2
58%
3.6
DE
SAP SE
XETRA:SAP
22.4
17%
1.3
US
Salesforce Inc
NYSE:CRM
21.8
29%
0.8
US
Applovin Corp
NASDAQ:APP
46.1
38%
1.2
US
Intuit Inc
NASDAQ:INTU
24.5
30%
0.8
US
Adobe Inc
NASDAQ:ADBE
13.5
20%
0.7
US
N
NCR Corp
LSE:0K45
2 214.5
52%
42.6
US
Synopsys Inc
NASDAQ:SNPS
79.4
44%
1.8
US
Cadence Design Systems Inc
NASDAQ:CDNS
77
39%
2

Market Distribution

In line with most companies in Australia
Percentile
58th
Based on 2 062 companies
58th percentile
3.1
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 14%
Intrinsic Value
Price AU$7.16
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