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Iren S.p.A. (IRE.MI)

EUR2.54 -0.02 (-0.94%)
IT MIL Utilities Diversified Utilities
Address Via Nubi di Magellano, 30 42123
Reggio Emilia, RE, IT
CEO Gianluca Bufo
IPO 2000-01-03
ISIN IT0003027817

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Also trades on Italian Stock Exchange · IRE.MI (EUR) Other OTC · IRDEF (USD) Other OTC · IRDEY (USD)
Description

Iren S.p.A. stands as a diversified multi-utility enterprise operating across Italy, with its business activities organized into Networks, Waste Management, Energy, Market, and a variety of Other Services segments. The company is deeply involved in both the generation and supply of electricity, drawing power primarily from hydroelectric, thermoelectric, cogeneration, and other renewable sources. Its robust infrastructure includes a substantial electricity distribution network, extending 7,849 kilometers with medium and low-voltage lines, serving approximately 725,000 connected households and businesses. Furthermore, Iren distributes natural gas through an extensive pipeline system of roughly 8,115 kilometers, comprising high, medium, and low-pressure conduits, reaching about 741,000 consumers. A significant part of Iren's comprehensive services involves the integrated water cycle. This encompasses a vast 20,088-kilometer network of pipelines delivering water to 2.8 million inhabitants, alongside managing 11,291 kilometers of sewerage systems and operating essential water treatment facilities. Beyond core utilities, the company offers a broad spectrum of additional services, including the maintenance of street lighting and traffic signal systems, provision of heating solutions, specialized electrical installations, efficient waste collection and disposal, critical snow clearing operations, and expertise in analysis laboratories and telecommunications. Iren's energy production portfolio is robust, featuring 23 hydroelectric plants, 7 thermoelectric cogeneration units, 1 conventional thermoelectric facility, and 95 photovoltaic installations with a total installed capacity of 18 megawatts. The company is headquartered in Reggio Emilia, Italy.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR2.54 -0.02 (-0.94%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.80
Float Shares
496.93M
Free Float %
38.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.39% +3.14% +2.36% -2.11% +5.98% +3.94% +11.24% +38.76% +6.83% +68.25% +142.52%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.54
DCF (Levered) 2.47 -2.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 40% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.98
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Diversified Utilities: +5.3%
    -7.1% Q1'26: -5.6% (vs Q4'24)
  • EPS growth Diversified Utilities: +4.4%
    +5.0% Q1'26: +67.6% (vs Q4'24)
  • FCF margin FCF growth · Diversified Utilities: +8.5%
    +6.8% Q1'26: -2.5% (vs Q4'24)
  • EBIT margin Diversified Utilities: +20.5%
    +9.7% Q1'26: +11.9% (vs Q4'24)
  • ROIC Diversified Utilities: +4.5%
    +11.1% Q1'26: +7.4% (vs Q4'24)
  • Share dilution Diversified Utilities: -0.2%
    +0.0% Q1'26: +1.3% (vs Q4'24)
  • Debt / EBITDA Net debt/EBITDA · Diversified Utilities: 3.55×
    0.50× Q1'26: 2.94× (vs Q4'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.81) × ERP
WACC = 85% × Ke + 15% × Kd (26.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 2.54
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
3 EPS Ana.
Dec 2027
5 Rev. Ana.
5 EPS Ana.
Dec 2028
4 Rev. Ana.
4 EPS Ana.
Dec 2029
3 Rev. Ana.
2 EPS Ana.
Revenue
3.06B
est: 3.07B (-0.5%)
3.23B
est: 3.03B (+6.6%)
3.69B
est: 3.38B (+9.1%)
4.01B
est: 3.94B (+1.8%)
4.24B
est: 4.11B (+3.1%)
3.68B
est: 3.84B (-4.2%)
4.91B
est: 4.27B (+15.0%)
7.75B
est: 6.90B (+12.3%)
6.41B
est: 5.93B (+8.0%)
5.95B
est: 6.13B (-2.9%)
6.26B
est.
6.87B
6.79B – 6.93B
+9.7% YoY
6.94B
6.54B – 7.45B
+1.1% YoY
7.04B
7.01B – 7.07B
+1.4% YoY
6.38B
6.16B – 6.65B
-9.3% YoY
EBITDA
686.78M
est: 575.02M (+19.4%)
745.18M
est: 568.23M (+31.1%)
754.12M
est: 632.88M (+19.2%)
877.05M
est: 737.58M (+18.9%)
867.94M
est: 769.51M (+12.8%)
870.62M
est: 719.86M (+20.9%)
955.52M
est: 799.69M (+19.5%)
982.53M
est: 1.29B (-24.0%)
1.09B
est: 1.11B (-1.4%)
1.23B
est: 1.15B (+7.7%)
1.17B
est.
1.29B
1.27B – 1.30B
+9.7% YoY
1.30B
1.22B – 1.40B
+1.1% YoY
1.32B
1.31B – 1.32B
+1.4% YoY
1.20B
1.15B – 1.25B
-9.3% YoY
EBIT
347.20M
est: 274.99M (+26.3%)
444.90M
est: 271.74M (+63.7%)
460.95M
est: 302.66M (+52.3%)
514.47M
est: 352.73M (+45.9%)
464.37M
est: 368.00M (+26.2%)
429.82M
est: 344.26M (+24.9%)
477.20M
est: 382.43M (+24.8%)
459.94M
est: 618.25M (-25.6%)
494.29M
est: 530.96M (-6.9%)
579.34M
est: 548.51M (+5.6%)
560.53M
est.
614.84M
608.18M – 620.81M
+9.7% YoY
621.52M
585.37M – 667.31M
+1.1% YoY
630.48M
627.72M – 633.24M
+1.4% YoY
571.58M
551.76M – 595.56M
-9.3% YoY
Net Income
118.19M
est: 147.00M (-19.6%)
173.98M
est: 176.41M (-1.4%)
237.72M
est: 231.99M (+2.5%)
242.12M
est: 251.50M (-3.7%)
236.58M
est: 245.72M (-3.7%)
239.17M
est: 213.93M (+11.8%)
303.17M
est: 266.62M (+13.7%)
226.02M
est: 231.71M (-2.5%)
254.85M
est: 257.04M (-0.9%)
268.47M
est: 266.71M (+0.7%)
292.59M
est.
303.45M
301.55M – 305.35M
+3.7% YoY
312.06M
301.43M – 322.69M
+2.8% YoY
345.27M
323.75M – 347.69M
+10.6% YoY
— – —
-100.0% YoY
SGA
9.62M
est: 461.47M (-97.9%)
17.82M
est: 456.02M (-96.1%)
14.59M
est: 507.90M (-97.1%)
14.63M
est: 591.93M (-97.5%)
19.36M
est: 617.55M (-96.9%)
14.17M
est: 577.71M (-97.5%)
1.47B
est: 641.77M (+129.4%)
1.68B
est: 1.04B (+61.6%)
707.01M
est: 891.02M (-20.7%)
719.56M
est: 920.47M (-21.8%)
940.64M
est.
1.03B
1.02B – 1.04B
+9.7% YoY
1.04B
982.33M – 1.12B
+1.1% YoY
1.06B
1.05B – 1.06B
+1.4% YoY
959.19M
925.92M – 999.42M
-9.3% YoY
EPS
0.09
est: 0.11 (-21.4%)
0.14
est: 0.14 (+1.8%)
0.19
est: 0.18 (+5.1%)
0.19
est: 0.20 (-3.1%)
0.18
est: 0.19 (-6.0%)
0.19
est: 0.17 (+14.0%)
0.24
est: 0.21 (+15.5%)
0.18
est: 0.19 (-4.4%)
0.20
est: 0.20 (-0.2%)
0.21
est: 0.21 (+1.5%)
0.23
est.
0.24
0.24 – 0.24
+3.6% YoY
0.25
0.23 – 0.25
+4.2% YoY
0.26
0.25 – 0.27
+5.8% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A- 4/5 4/5 3/5 3/5 2/5 4/5 4/5
2026-05-08 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-07 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-06 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-05 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-04 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-30 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-29 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-28 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-27 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-24 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-04-22 B+ 3/5 4/5 3/5 4/5 1/5 3/5 4/5
2026-04-21 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-04-20 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-04-17 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5
2026-04-16 B+ 3/5 3/5 3/5 4/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
660.78M
OE per share TTM
0.51
Owner's Yield
19.58%
Maintenance CapEx ratio
967.43%
Maint CapEx / Avg PPE
76.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 79 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree Europe Equity Income UCITS ETF WTEE.DE 0.29% 705.5K 0.29%
2 WisdomTree Europe Equity Income UCITS ETF Acc EEIA.L 0.29% 705.5K 0.29%
3 UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE 0.28% 2.08M 0.33%
4 iShares MSCI EMU Small Cap UCITS ETF CES1.L 0.28% 2.95M 0.58%
5 State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE 0.19% 1.45M 0.30%
6 iShares International Small-Cap Equity Factor ETF ISCF 0.12% 806.4K 0.24%
7 Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L 0.11% 3.73M 0.30%
8 iShares MSCI Europe Small-Cap ETF IEUS 0.11% 190.5K 0.41%
9 FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD 0.10% 644.1K 0.41%
10 WisdomTree International High Dividend Fund DTH 0.09% 567.9K 0.58%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
52.0K
Shares Outstanding
1.28B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Luca Dal Fabbro Chairman and Strategic Director of Finance, Strategies & Delegated Areas 841.4K male
Moris Ferretti Vice-Chairman and Strategic Director of Human Resources, CS & Delegated Areas 557.6K male
Gianluca Bufo Chief Executive Officer, GM of Iren Group & Director 218.1K male
Giuseppe Bergesio Chief Executive Officer of Iren Energia male
Massimo Levrino Head of Chief Executive Officer Office male
Maximilian Abraham Director of Legal Affairs
Eugenio Bertolini Chief Executive Officer of Iren Ambiente male
Paolo Robutti CEO of Iren Mercato male
Fabio Giuseppini Chief Executive Officer of the IRETI male
Giulio Domma Head of Investor Relations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits