GURUFOCUS.COM » STOCK LIST » Technology » Software » IRESS Ltd (ASX:IRE) » Definitions » Price-to-Free-Cash-Flow

IRESS (ASX:IRE) Price-to-Free-Cash-Flow : 34.45 (As of May. 04, 2024)


View and export this data going back to 2000. Start your Free Trial

What is IRESS Price-to-Free-Cash-Flow?

As of today (2024-05-04), IRESS's share price is A$8.44. IRESS's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.25. Hence, IRESS's Price-to-Free-Cash-Flow Ratio for today is 34.45.

The historical rank and industry rank for IRESS's Price-to-Free-Cash-Flow or its related term are showing as below:

ASX:IRE' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 11.19   Med: 23.66   Max: 38.05
Current: 34.45

During the past 13 years, IRESS's highest Price-to-Free-Cash-Flow Ratio was 38.05. The lowest was 11.19. And the median was 23.66.

ASX:IRE's Price-to-Free-Cash-Flow is ranked worse than
64.13% of 1458 companies
in the Software industry
Industry Median: 22.96 vs ASX:IRE: 34.45

IRESS's Free Cash Flow per Share for the six months ended in Dec. 2023 was A$0.09. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was A$0.25.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of IRESS was -45.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -23.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -10.10% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was -1.80% per year.

During the past 13 years, IRESS's highest 3-Year average Free Cash Flow per Share Growth Rate was 92.70% per year. The lowest was -49.10% per year. And the median was 9.75% per year.


IRESS Price-to-Free-Cash-Flow Historical Data

The historical data trend for IRESS's Price-to-Free-Cash-Flow 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.

* Premium members only.

IRESS Price-to-Free-Cash-Flow Chart

IRESS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.60 19.33 31.09 21.13 33.13

IRESS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.09 - 21.13 - 33.13

Competitive Comparison of IRESS's Price-to-Free-Cash-Flow

For the Software - Application subindustry, IRESS's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution in the Software Industry

For the Software industry and Technology sector, IRESS's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where IRESS's Price-to-Free-Cash-Flow falls into.



IRESS Price-to-Free-Cash-Flow Calculation

IRESS's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=8.44/0.245
=34.45

IRESS's Share Price of today is A$8.44.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IRESS's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.25.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

IRESS  (ASX:IRE) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


IRESS Price-to-Free-Cash-Flow Related Terms

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


IRESS (ASX:IRE) Business Description

Industry
Traded in Other Exchanges
Address
385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000
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.

IRESS (ASX:IRE) Headlines

No Headlines