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IRESSASX:IRE -1.51%70 EV-to-OCF is 19.78 as of Jul. 23, 2026, which is 10% below its 10-year median of 22.04. GuruFocus rates ASX:IRE with a GF Score™ of 70/100 and a GF Value™ of A$7.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,877 Software companies, IRESS ranks worse than 78.07% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, IRESS's Enterprise Value is A$1,343.4 Mil.
IRESS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$67.9 Mil. Therefore, IRESS's EV-to-OCF for today is 19.78.
The historical rank and industry rank for IRESS's EV-to-OCF or its related term are showing as below:
ASX:IRE'
s EV-to-OCF Range Over the Past 10 Years
Min: 12 Med: 22.04 Max: 35.75
Current: 19.78
During the past 13 years, the highest EV-to-OCF of IRESS was 35.75. The lowest was 12.00. And the median was 22.04.
ASX:IRE's EV-to-OCF is ranked worse than 78.07% of 2877
companies
in the Software industry
Industry Median: 6.68
vs ASX:IRE: 19.78
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-07-23), IRESS's stock price is A$6.51.
IRESS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.408. Therefore, IRESS's PE Ratio (TTM) for today is 15.96.
IRESS (ASX:IRE) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
IRESS's share price for today is A$6.51.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IRESS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.408.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
IRESS EV-to-OCF Related Terms
IRESS EV-to-OCF Historical Data
* Premium members only.
The historical data trend for IRESS's EV-to-OCF 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.
For the Software - Application subindustry, IRESS's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Software Industry
For the Software industry and Technology sector, IRESS's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where IRESS's EV-to-OCF falls into.
IRESS's current Enterprise Value is A$1,343.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IRESS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$67.9 Mil.
* 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.
IRESS (ASX:IRE) has a EV-to-OCF of 19.78 as of Jul. 23, 2026. This is 10% below median its historical median of 22.04. Over the past decade, IRESS's EV-to-OCF has ranged from 12.00 to 35.75. According to the industry distribution chart, IRESS ranks #2246 out of 2877 companies in the Software industry, placing it in the top 78.1%.
Is IRESS's EV-to-OCF too high?
IRESS's current EV-to-OCF of 19.78 is 10% below median its 10-year median of 22.04. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 35.75. The Software industry median EV-to-OCF is 6.68. IRESS's value of 19.78 is 196.1% above this industry median. Based on the distribution chart, IRESS ranks #2246 out of 2877 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, IRESS has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRESS's EV-to-OCF compare to UBER and SHOP?
According to the Software industry distribution chart, IRESS ranks #2246 out of 2877 companies for EV-to-OCF. This places IRESS in the lower half of its industry. The industry median EV-to-OCF is 6.68. IRESS's value of 19.78 is 196.1% above this benchmark. Historically, IRESS's own EV-to-OCF has ranged from 12.00 to 35.75 over the past decade. While the company's 10-year median is 22.04 vs. the industry median of 6.68, IRESS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Software company?
The median EV-to-OCF among Software companies is 6.68, based on 2,877 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IRESS's current EV-to-OCF of 19.78 is 196.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median EV-to-OCF is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRESS's current EV-to-OCF is 19.78, which is 10% below median its own 10-year median of 22.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRESS stock overvalued right now?
Based on GuruFocus' analysis, IRESS (ASX:IRE) is currently considered Modestly Undervalued. The stock's GF Value™ is A$7.52, compared to a current price of A$6.51 — trading 13.4% below its estimated fair value. The current EV-to-OCF is 19.78, which is 10% below median its 10-year median of 22.04 and 196.1% above the Software industry median of 6.68. IRESS's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For IRESS (ASX:IRE), the current EV-to-OCF is 19.78 as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IRESS (ASX:IRE) Overvalued in 2026?
Based on GuruFocus' analysis, IRESS stock appears to be undervalued.
The current stock price of A$6.51 is trading 13.4% below its estimated GF Value™ of A$7.52.
GuruFocus considers IRESS to be Modestly Undervalued.
Key valuation signals for ASX:IRE:
EV-to-OCF: 19.78 (10% below median its 10-year median of 22.04)
GF Value™: A$7.52 vs. price of A$6.51 (13.4% below fair value)
Industry Position: 196.1% above the Software median (#2246 of 2877)
No single metric tells the full story. See the ASX:IRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
70GF Score
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