Integrated Research Limited designs, develops, implements, and sells systems and applications management computer software for business-critical computing, and unified communication and payment networks.
Integrated Research Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.61|
|52 Week High||AU$1.54|
|52 Week Low||AU$3.84|
|1 Month Change||-3.88%|
|3 Month Change||-18.89%|
|1 Year Change||-56.49%|
|3 Year Change||-25.12%|
|5 Year Change||-30.00%|
|Change since IPO||12.59%|
Recent News & Updates
Investors Could Be Concerned With Integrated Research's (ASX:IRI) Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Does Integrated Research (ASX:IRI) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|IRI||AU Software||AU Market|
Return vs Industry: IRI underperformed the Australian Software industry which returned 28.7% over the past year.
Return vs Market: IRI underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: IRI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IRI's weekly volatility (7%) has been stable over the past year.
About the Company
Integrated Research Limited designs, develops, implements, and sells systems and applications management computer software for business-critical computing, and unified communication and payment networks. The company offers Prognosis, an integrated suite of monitoring and management software designed to give an organization’s management and technical personnel operational insight into the HP NonStop platform, distributed system servers, unified communications, payment environments, and the business applications. It also provides testing, maintenance, and professional services, as well as software as a service solution.
Integrated Research Fundamentals Summary
|IRI fundamental statistics|
Is IRI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IRI income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.046|
|Net Profit Margin||10.11%|
How did IRI perform over the long term?See historical performance and comparison
Is Integrated Research undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IRI (A$1.61) is trading below our estimate of fair value (A$1.77)
Significantly Below Fair Value: IRI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IRI is good value based on its PE Ratio (35x) compared to the Australian Software industry average (45.8x).
PE vs Market: IRI is poor value based on its PE Ratio (35x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: IRI is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: IRI is good value based on its PB Ratio (3.3x) compared to the AU Software industry average (5.2x).
How is Integrated Research forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IRI's forecast earnings growth (28.6% per year) is above the savings rate (1.9%).
Earnings vs Market: IRI's earnings (28.6% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IRI's revenue (10.4% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: IRI's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IRI's Return on Equity is forecast to be low in 3 years time (15%).
How has Integrated Research performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IRI has high quality earnings.
Growing Profit Margin: IRI's current net profit margins (10.1%) are lower than last year (21.7%).
Past Earnings Growth Analysis
Earnings Trend: IRI's earnings have declined by 3% per year over the past 5 years.
Accelerating Growth: IRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IRI had negative earnings growth (-67%) over the past year, making it difficult to compare to the Software industry average (37.5%).
Return on Equity
High ROE: IRI's Return on Equity (9.5%) is considered low.
How is Integrated Research's financial position?
Financial Position Analysis
Short Term Liabilities: IRI's short term assets (A$68.1M) exceed its short term liabilities (A$31.7M).
Long Term Liabilities: IRI's short term assets (A$68.1M) exceed its long term liabilities (A$20.0M).
Debt to Equity History and Analysis
Debt Level: IRI's debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IRI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IRI's debt is well covered by operating cash flow (316.6%).
Interest Coverage: IRI earns more interest than it pays, so coverage of interest payments is not a concern.
What is Integrated Research current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IRI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IRI is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IRI's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. John Ruthven has been the Managing Director and Director at Integrated Research Limited since September 12, 2019 and is its Chief Executive Officer since July 8, 2019. Mr. Ruthven served as Operating O...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD630.25K) is about average for companies of similar size in the Australian market ($USD559.78K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: IRI's management team is considered experienced (2.4 years average tenure).
Experienced Board: IRI's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IRI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Integrated Research Limited's employee growth, exchange listings and data sources
- Name: Integrated Research Limited
- Ticker: IRI
- Exchange: ASX
- Founded: 1988
- Industry: Application Software
- Sector: Software
- Market Cap: AU$277.598m
- Shares outstanding: 172.42m
- Website: https://www.ir.com
Number of Employees
- Integrated Research Limited
- 100 Pacific Highway
- Level 9
- North Sydney
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 15:35|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.