IRESS Market Technology (IRE)
Views and news
Essentials
Recent News Highlights
As at 19/02/2012 : see details at www.iress.com.au (new window? Shift+Click)
| 30/11/2011 MWS: Software partnership with Iress |
| 15/11/2012 Launches UK Wealth Management Division |
Half-year Performance & Estimates - IRE
| Year-end December | 1H10A | 1H11A | 1H12A | FY12A | 1H13A | FY13E | FY14E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 89.8 | 101.1 | 103.3 | 206.8 | 105.9 | 242.0 | 332.0 |
| EBITDA, $m | 40.1 | 41.8 | 38.4 | 74.9 | 36.8 | 79.4 | 110.8 |
| EBIT, $m | 32.1 | 30.7 | 27.9 | 55.9 | 27.9 | 63.0 | 96.0 |
| Report NPAT, $m | 26.9 | 22.1 | 19.7 | 39.3 | 20.1 | ||
| Adj. NPAT, $m | 20.1 | 52.0 | 72.1 | ||||
| Reported EPS, ¢ | 21.00 | 17.00 | 15.00 | 30.00 | 15.00 | ||
| Adjusted EPS, ¢ | 15.00 | 36.10 | 44.38 | ||||
| EPS %FY/Growth | 124% | 50% | 76% | 0% | 20% | 23% | |
| Dividend, ¢ | 14.0 | 14.0 | 13.5 | 38.0 | 13.5 | 34.92 | 39.50 |
| Franking, % | 100% | -5.9348E+9% | 90% | 90% | 90% | 90% | 90% |
| EBITDA Margin | 46% | 46% | 0 | 36% | 35% | 32.8% | 33.4% |
| NPAT Margin | 28% | 28% | 0 | 19% | 19% | 21.5% | 21.7% |
| ROE, % | 53% | 53% | 16% | 31% | 17% | ||
| EBIT/Interest | -25.4 | -25.4 | -42.9 | -55.8 | -91.46 | ||
| Net Debt / Equity | -0.46 | -0.46 | -0.40 | -0.44 | -0.48 | ||
| CashFlow/Sh, ¢ | 32.0 | 17.7 | 26.7 | 48.0 | 27.7 | 40.9 | 55.0 |
| Y/E Shares, m | 126.1 | 127.0 | 128.5 | 128.7 | 129.6 |
| Notes |
| EPS Growth compared with the pcp is shown in most columns, except 1H10A and 1H11A which show the first half % of full year EPS. |
Half-yearly Performance & Estimates - IRE
| Year-end September | 1H10 ?A | FY A? | 1H11? | 1H12A | FY12A | FY13E | FY14E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 89.8 | 101.1 | 101.1 | 103.3 | 206.8 | 211.0 | 223.0 |
| EBITDA, $m | 40.1 | 41.8 | 41.8 | 38.4 | 74.9 | 70.3 | 79.0 |
| EBIT, $m | 32.1 | 30.7 | 30.7 | 27.9 | 55.9 | 55.3 | 64.6 |
| Report NPAT, $m | 26.9 | 22.1 | 22.1 | 19.7 | 39.3 | ||
| Adj. NPAT, $m | 39.3 | 48.6 | 53.4 | ||||
| Reported EPS, ¢ | 21.00 | 17.00 | 17.00 | 15.00 | 30.00 | ||
| Adjusted EPS, ¢ | 30.00 | 37.20 | 40.80 | ||||
| EPS %FY/Growth | 100% | -19% | 50% | 76% | 24% | 10% | |
| Dividend, ¢ | 14.0 | 14.0 | 14.0 | 13.5 | 38.0 | 36.55 | 38.00 |
| Franking, % | 100% | 100% | -5.9348E+9% | 90% | 90% | 90% | 90% |
| EBITDA Margin | 46% | 40% | 46% | 37.2% | 36% | 33.3% | 35.4% |
| NPAT Margin | 28% | 20% | 28% | 19.1% | 19% | 23.0% | 23.9% |
| ROE, % | 53% | 32% | 53% | 16 | 31% | ||
| EBIT/Interest | -25.4 | -37.1 | -25.4 | -42.91 | -55.84 | ||
| Net Debt / Equity | -0.46 | -0.38 | -0.46 | -0.40 | -0.44 | ||
| CashFlow/Sh, ¢ | 32.0 | 17.7 | 17.7 | 26.7 | 48.0 | 43.8 | 47.4 |
| Y/E Shares, m | 126.1 | 127.0 | 127.0 | 128.5 | 128.7 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns, except 1H11A and 1H12A which show the first half % of full year EPS. In a handful of cases, unadjusted share splits may give strange changes in ratios. |
Company Overview
Russell Research in the media
Stock Picks for Sunday Herald Sun - 29 July 2012
Hold: IRESS Limited, IRE, $6.62
A sound and international leader in share market, and now wealth advisory, systems. Tough economic times well reflected in the price.
Profile
IRESS Market Technology
Rating:
Category: Potent Stock ; Large
Action:
Website: www.iress.com.au
| ASX code: | IRE |
| Closing Price, 30/12/2013: | $ 9.440 |
| Market Capitalisation: | $ 1,503 million |
| 52 Week High: | $ 10.38 |
| 52 Week Low: | $ 7.159 |
| Sector: | Data Processing&Outsourced Services |
| Index: | S&P/ASX 200 Index |
Summary of Fundamentals
| Year-end December | FY11A | FY12A | FY13E | FY14E |
|---|---|---|---|---|
| NPAT, $m | 41.3 | 39.2 | 52.0 | 72.1 |
| Reported EPS, ¢ | 33.00 | 30.00 | ||
| Adjusted EPS, ¢ | 41.06 | 36.10 | 44.87 | |
| EPS Growth, % | -28% | 24% | -12% | 24% |
| P/E Ratio, x | 28.61 | 22.99 | 26.15 | 21.04 |
| Dividend, ¢ | 38.0 | 38.0 | 34.92 | 39.50 |
| Franking, % | 86% | 90% | 90% | 90% |
| Div. Yield, % | 4.03 | 4.03 | 3.70 | 4.18 |
Notes
| Our Adjusted EPS is used for the last year and forward estimates and as basis for EPS Growth and P/E Ratio. We currently use Reported data for all historic NPAT, for the prior year EPS and as base for last year EPS growth. |
| Data & Chart sourced from IRESS Market Technology Ltd. |
One Year Chart
As at 30 December 2013
Other Highlights
| Sector: | Data Processing&Outsourced Services |
| Return on Equity, FY12 : | 31% |
| Net Debt to Equity, FY12 : | -44 % |
| EBIT / Interest Cover, FY12 : | -55.84 x |
| Gicscode: | 45102020 |
| First Listed: | 3-Nov-00 |
Business Activities
Iress Market Technology Limited (IRE) supplies share market and wealth management systems in Australia, New Zealand, Canada, Singapore and South Africa. These handle real-time data, news and analytics.
Glossary:
| ♠ | "A Core Stock" - reliable long-term yield & growth |
| ♥ | "We like it" - a seasoned performer, growth & yield |
| ♦ | "A tough scout" - creating a potential breakthrough |
| ♣ | "A steady performer" - giving reliable yield or growth |
| Best Stocks | Portfolio of selected attractive investments |
| Potential | Stocks that may have good improvement prospects |
| Speculative | More risky usually smaller stocks with spec. upside |
| Midcaps | In RR Midcap Index, $ 70m to 1,500m market cap. |
| Large Stocks | Larger Stocks upwards of $ 1,500m market cap |