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Iren SpAIRDEF +10.34%79 EV-to-OCF is 6.50 as of Aug. 10, 2026, which is 76% above its 10-year median of 3.70. GuruFocus rates IRDEF with a GF Score™ of 79/100 and a GF Value™ of $2.25 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 505 Utilities - Regulated companies, Iren SpA ranks better than 69.9% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Iren SpA's Enterprise Value is $8,863 Mil.
Iren SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,363 Mil. Therefore, Iren SpA's EV-to-OCF for today is 6.50.
The historical rank and industry rank for Iren SpA's EV-to-OCF or its related term are showing as below:
IRDEF'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.2 Med: 3.7 Max: 11.74
Current: 6.56
During the past 13 years, the highest EV-to-OCF of Iren SpA was 11.74. The lowest was 1.20. And the median was 3.70.
IRDEF's EV-to-OCF is ranked better than 69.9% of 505
companies
in the Utilities - Regulated industry
Industry Median: 10.7
vs IRDEF: 6.56
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.
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.
Iren SpA's share price for today is $2.88.
Iren SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.270.
* 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.
Iren SpA EV-to-OCF Related Terms
Iren SpA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Iren SpA'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 Utilities - Diversified subindustry, Iren SpA'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.
Iren SpA EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Iren SpA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Iren SpA's EV-to-OCF falls into.
Iren SpA's current Enterprise Value is $8,863 Mil.
Iren SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,363 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.
Iren SpA (IRDEF) has a EV-to-OCF of 6.50 as of Aug. 10, 2026. This is 76% above median its historical median of 3.70. Over the past decade, Iren SpA's EV-to-OCF has ranged from 1.20 to 11.74. According to the industry distribution chart, Iren SpA ranks #152 out of 505 companies in the Utilities - Regulated industry, placing it in the top 30.1%.
Is Iren SpA's EV-to-OCF too high?
Iren SpA's current EV-to-OCF of 6.50 is 76% above median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 11.74. The Utilities - Regulated industry median EV-to-OCF is 10.70. Iren SpA's value of 6.50 is 39.3% below this industry median. Based on the distribution chart, Iren SpA ranks #152 out of 505 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Iren SpA has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iren SpA's EV-to-OCF compare to SRE?
According to the Utilities - Regulated industry distribution chart, Iren SpA ranks #152 out of 505 companies for EV-to-OCF. This puts Iren SpA in the upper half of its industry. The industry median EV-to-OCF is 10.70. Iren SpA's value of 6.50 is 39.3% below this benchmark. Historically, Iren SpA's own EV-to-OCF has ranged from 1.20 to 11.74 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 10.70, Iren SpA has consistently been below 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 an Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.70, based on 505 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. Iren SpA's current EV-to-OCF of 6.50 is 39.3% below 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 Utilities - Regulated industry, the median EV-to-OCF is 10.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iren SpA's current EV-to-OCF is 6.50, which is 76% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iren SpA stock overvalued right now?
Based on GuruFocus' analysis, Iren SpA (IRDEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.25, compared to a current price of $2.88 — trading 28% above its estimated fair value. The current EV-to-OCF is 6.50, which is 76% above median its 10-year median of 3.70 and 39.3% below the Utilities - Regulated industry median of 10.70. Iren SpA's overall GF Score™ is 79/100 with 4 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 Iren SpA (IRDEF), the current EV-to-OCF is 6.50 as of Aug. 10, 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 Iren SpA (IRDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Iren SpA stock appears to be overvalued.
The current stock price of $2.88 is trading 28% above its estimated GF Value™ of $2.25.
GuruFocus considers Iren SpA to be Modestly Overvalued.
Key valuation signals for IRDEF:
EV-to-OCF: 6.50 (76% above median its 10-year median of 3.70)
GF Value™: $2.25 vs. price of $2.88 (28% above fair value)
Industry Position: 39.3% below the Utilities - Regulated median (#152 of 505)
No single metric tells the full story. See the IRDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.
79GF Score
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