IRE.MI
BuyFull HouseAI neutralIren SpA · Utilities · Italy · $3.6B
EUR 2.40 +0.1% · close 5 Oct · scored 7 Oct
Full House: Strong business, sensible price, market agrees. The rare full house.
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Iren is a multi-utility in northern Italy covering power, gas, district heating, water and waste. Its regulated networks are steady, but the energy supply business is exposed to gas costs, and utilities with debt trade like bonds when yields stay high. Analysts trimmed forward earnings slightly.
ABOUT IREN SPA
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Iren SpA is a leading multi-utility company in Italy, active in electricity generation, gas distribution, district heating, water services, and waste management. The company's competitive moat is its strong regional market share in northwestern Italy and its highly regulated asset base. Iren operates as a vertically integrated, sustainability-focused utility with stable, regulated cash flows.
FINANCIAL SUMMARY (EUR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.7B | 6.4B | 5.9B | 6.4B | -5.8% | 6.3B | 6.8B | 6.8B | 3.0% |
| EPS (EUR) | 0.18 | 0.20 | 0.21 | 0.23 | 9.2% | 0.23 | 0.24 | 0.25 | 2.7% |
| Shares | 1.3B | 1.3B | 1.3B | 1.3B | 0.0% | 1.3B | — | — | — |
| Debt | 106.6M | 653.9M | 5.0B | 4.5B | 249.4% | 4.8B | — | — | — |
| Equity | 2.7B | 2.8B | 2.9B | 3.5B | 8.0% | — | — | — | — |
| Op CF | 1.1B | 680.3M | 1.1B | 1.1B | -0.2% | 1.1B | — | — | — |
| Inv CF | -1.1B | -886.6M | -901.0M | -887.3M | — | — | — | — | — |
| Fin CF | 240.6M | -145.9M | -291.7M | -311.4M | — | — | — | — | — |
Calmer than 89% of stocks we rank over the past year (21% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of IRE.MI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| IRE.MI | Iren SpA(you) | $3.6B | 79 | Buy |
| ACE.MI | ACEA S.p.A. | $4.8B | 78 | Buy |
| HER.MI | Hera S.p.A. | $6.0B | 75 | Buy |
| A2A.MI | A2A S.p.A. | $8.1B | 73 | Buy |
| ENL.DE | Enel SpA | $100.1B | 77 | Buy |
| ECK.MI | Ecosuntek S.p.A. | $71M | 97 | Strong Buy |
| ERG.MI | ERG S.p.A. | $3.8B | 61 | Hold |
| IG.MI | Italgas S.p.A. | $9.7B | 48 | Hold |
| ASC.MI | Ascopiave S.p.A. | $651M | 50 | Hold |
| TRN.MI | Terna S.p.A. | $21.0B | 48 | Hold |
Peer medians: ROE 12.3% · P/E 15.6x · Gross margin 63.9%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.