IRESS (ASX:IRE) EV-to-EBIT : -18.58 (As of May. 04, 2024)

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What is IRESS EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, IRESS's Enterprise Value is A$1,955.6 Mil. IRESS's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-105.3 Mil. Therefore, IRESS's EV-to-EBIT for today is -18.58.

The historical rank and industry rank for IRESS's EV-to-EBIT or its related term are showing as below:

ASX:IRE' s EV-to-EBIT Range Over the Past 10 Years
Min: -18.58 Med: 24.4 Max: 35.58
Current: -18.58

During the past 13 years, the highest EV-to-EBIT of IRESS was 35.58. The lowest was -18.58. And the median was 24.40.

ASX:IRE's EV-to-EBIT is ranked worse than
100% of 1646 companies
in the Software industry
Industry Median: 17.75 vs ASX:IRE: -18.58

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. IRESS's Enterprise Value for the quarter that ended in Dec. 2023 was A$1,901.4 Mil. IRESS's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-105.3 Mil. IRESS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.54%.

IRESS EV-to-EBIT Historical Data

The historical data trend for IRESS's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IRESS EV-to-EBIT Chart

IRESS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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26.29

26.49

26.80

27.27

-18.06

IRESS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial															26.80	-	27.27	-	-18.06

Competitive Comparison of IRESS's EV-to-EBIT

For the Software - Application subindustry, IRESS's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IRESS's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, IRESS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where IRESS's EV-to-EBIT falls into.

IRESS EV-to-EBIT Calculation

IRESS's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	1955.580	/	-105.28
	=	-18.58

IRESS's current Enterprise Value is A$1,955.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IRESS's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-105.3 Mil.

IRESS (ASX:IRE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

IRESS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=	-105.28	/	1901.40735
	=	-5.54 %

IRESS's Enterprise Value for the quarter that ended in Dec. 2023 was A$1,901.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IRESS's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-105.3 Mil.

IRESS EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of IRESS's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

IRESS (ASX:IRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRESS Ltd (ASX:IRE) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

BRF:Germany

Address

385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.iress.com

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 APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.

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