IRESS Market Technology (IRE)
Views and news
Essentials
Half-yearly Performance & Estimates - IRE
| Year-end December | FY11A | 1H12A | FY12A | 1H13A | FY13A | FY14E | FY15E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 204.5 | 103.2 | 206.8 | 105.9 | 251.1 | 343.0 | 379.0 |
| EBITDA, $m | 81.2 | 38.4 | 74.9 | 36.8 | 90.1 | 108.6 | 123.5 |
| EBIT, $m | 58.6 | 27.8 | 55.9 | 27.9 | 70.5 | 88.4 | 101.9 |
| Report NPAT, $m | 41.3 | 19.7 | 39.3 | 20.0 | 40.6 | ||
| Adj. NPAT, $m | 40.6 | 67.8 | 78.3 | ||||
| Reported EPS, ¢ | 33.00 | 15.00 | 30.00 | 15.00 | 29.00 | ||
| Adjusted EPS, ¢ | 29.00 | 42.80 | 49.00 | ||||
| EPS %FY/Growth | 50% | -9% | 52% | -3% | 48% | 14% | |
| Dividend, ¢ | 38.0 | 13.5 | 38.0 | 13.5 | 38.0 | 39.20 | 42.00 |
| Franking, % | 86% | 90% | 90% | 90% | 84% | 84% | 84% |
| EBITDA Margin | 40% | 37% | 36% | 35% | 36% | 31.7% | 32.6% |
| NPAT Margin | 20% | 19% | 19% | 19% | 16% | 19.8% | 20.7% |
| ROE, % | 32% | 16% | 31% | 17 | 12% | ||
| EBIT/Interest | -37.1 | -42.9 | -55.8 | -91.46 | 3.98 | ||
| Net Debt / Equity | -0.38 | -0.40 | -0.44 | -0.48 | 0.32 | ||
| CashFlow/Sh, ¢ | 43.2 | 26.7 | 48.0 | 27.7 | 43.6 | 42.0 | 52.4 |
| Y/E Shares, m | 127.0 | 128.4 | 128.7 | 129.6 | 158.6 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns except the first half years which show their percentage of full year EPS. In a handful of cases, unadjusted share splits, or changes between positive and negative values may give strange changes in ratios. |
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 |
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.
Company Overview
Profile
IRESS Market Technology
Rating:
Category: Potent Stock ; Midcaps
Action:
Website: www.iress.com.au
| ASX code: | IRE |
| Closing Price, 20/06/14: | $ 8.130 |
| Market Capitalisation: | $ 1,289 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 | FY12A | FY13A | FY14E | FY15E |
|---|---|---|---|---|
| NPAT, $m | 39.2 | 40.6 | 67.8 | 78.3 |
| Reported EPS, ¢ | 30.00 | 29.00 | ||
| Adjusted EPS, ¢ | 36.89 | 42.80 | 49.00 | |
| EPS Growth, % | -9% | 23% | 16% | 14% |
| P/E Ratio, x | 27.10 | 22.04 | 19.00 | 16.59 |
| Dividend, ¢ | 38.0 | 38.0 | 39.20 | 42.00 |
| Franking, % | 90% | 84% | 84% | 84% |
| Div. Yield, % | 4.67 | 4.67 | 4.82 | 5.17 |
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 23 June 2014
Other Highlights
| Sector: | Data Processing&Outsourced Services |
| Return on Equity, FY13 : | 12% |
| Net Debt to Equity, FY13 : | 32 % |
| EBIT / Interest Cover, FY13 : | 3.98 x |
| Gicscode: | 45102020 |
| First Listed: | 03-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 |