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IREN

Investis Holding SWX:IREN Stock Report

Last Price

CHF106.50

Market Cap

CHF1.4b

7D

0%

1Y

9.1%

Updated

19 May, 2022

Data

Company Financials +
IREN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health1/6
Dividends2/6

IREN Stock Overview

Investis Holding SA operates as a residential property company in Switzerland.

Investis Holding Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Investis Holding
Historical stock prices
Current Share PriceCHF106.50
52 Week HighCHF115.00
52 Week LowCHF96.00
Beta0.088
1 Month Change-6.58%
3 Month Change0%
1 Year Change9.12%
3 Year Change67.45%
5 Year Change80.36%
Change since IPO82.05%

Recent News & Updates

Shareholder Returns

IRENCH Real EstateCH Market
7D0%0.5%-1.7%
1Y9.1%1.6%-1.9%

Return vs Industry: IREN exceeded the Swiss Real Estate industry which returned 2.5% over the past year.

Return vs Market: IREN exceeded the Swiss Market which returned 1.2% over the past year.

Price Volatility

Is IREN's price volatile compared to industry and market?
IREN volatility
IREN Average Weekly Movement2.1%
Real Estate Industry Average Movement2.9%
Market Average Movement5.0%
10% most volatile stocks in CH Market9.0%
10% least volatile stocks in CH Market2.5%

Stable Share Price: IREN is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: IREN's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19942,343Stéphane Bonvinhttps://www.investisgroup.com

Investis Holding SA operates as a residential property company in Switzerland. It operates through Properties and Real Estate Services segments. The company acquires, develops, sells, and rents residential properties.

Investis Holding Fundamentals Summary

How do Investis Holding's earnings and revenue compare to its market cap?
IREN fundamental statistics
Market CapCHF1.36b
Earnings (TTM)CHF200.70m
Revenue (TTM)CHF216.00m

6.8x

P/E Ratio

6.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IREN income statement (TTM)
RevenueCHF216.00m
Cost of RevenueCHF0
Gross ProfitCHF216.00m
Other ExpensesCHF15.30m
EarningsCHF200.70m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Aug 31, 2022

Earnings per share (EPS)15.77
Gross Margin100.00%
Net Profit Margin92.92%
Debt/Equity Ratio72.2%

How did IREN perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

16%

Payout Ratio

Valuation

Is Investis Holding undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


6.75x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: IREN (CHF106.5) is trading above our estimate of fair value (CHF37)

Significantly Below Fair Value: IREN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IREN is good value based on its PE Ratio (6.8x) compared to the Swiss Real Estate industry average (12.6x).

PE vs Market: IREN is good value based on its PE Ratio (6.8x) compared to the Swiss market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: IREN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: IREN is overvalued based on its PB Ratio (1.5x) compared to the CH Real Estate industry average (1.1x).


Future Growth

How is Investis Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-63.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IREN's earnings are forecast to decline over the next 3 years (-63.2% per year).

Earnings vs Market: IREN's earnings are forecast to decline over the next 3 years (-63.2% per year).

High Growth Earnings: IREN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: IREN's revenue (9.5% per year) is forecast to grow faster than the Swiss market (4.2% per year).

High Growth Revenue: IREN's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IREN's Return on Equity is forecast to be low in 3 years time (4.1%).


Past Performance

How has Investis Holding performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IREN has a large one-off gain of CHF187.8M impacting its December 31 2021 financial results.

Growing Profit Margin: IREN's current net profit margins (92.9%) are higher than last year (63.5%).


Past Earnings Growth Analysis

Earnings Trend: IREN's earnings have grown significantly by 29.4% per year over the past 5 years.

Accelerating Growth: IREN's earnings growth over the past year (77%) exceeds its 5-year average (29.4% per year).

Earnings vs Industry: IREN earnings growth over the past year (77%) exceeded the Real Estate industry 61.3%.


Return on Equity

High ROE: IREN's Return on Equity (22.3%) is considered high.


Financial Health

How is Investis Holding's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IREN's short term assets (CHF57.7M) do not cover its short term liabilities (CHF253.2M).

Long Term Liabilities: IREN's short term assets (CHF57.7M) do not cover its long term liabilities (CHF594.5M).


Debt to Equity History and Analysis

Debt Level: IREN's net debt to equity ratio (71.8%) is considered high.

Reducing Debt: IREN's debt to equity ratio has increased from 61.7% to 72.2% over the past 5 years.

Debt Coverage: IREN's debt is not well covered by operating cash flow (5.5%).

Interest Coverage: IREN's interest payments on its debt are well covered by EBIT (13.1x coverage).


Balance Sheet


Dividend

What is Investis Holding current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.35%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: IREN's dividend (2.35%) is higher than the bottom 25% of dividend payers in the Swiss market (1.87%).

High Dividend: IREN's dividend (2.35%) is low compared to the top 25% of dividend payers in the Swiss market (3.94%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, IREN has been paying a dividend for less than 10 years.

Growing Dividend: IREN's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.9%), IREN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Stéphane Bonvin (54 yo)

28.33yrs

Tenure

CHF1,205,000

Compensation

Mr. Stéphane Bonvin serves as the Chairman of the Group Executive Board at Investis Holding SA and has been its Chief Executive Officer since 1994. Mr. Bonvin founded Investis Holding AG in 1994. He also h...


CEO Compensation Analysis

Compensation vs Market: Stéphane's total compensation ($USD1.24M) is about average for companies of similar size in the Swiss market ($USD1.32M).

Compensation vs Earnings: Stéphane's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: IREN's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: IREN's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Investis Holding SA's employee growth, exchange listings and data sources


Key Information

  • Name: Investis Holding SA
  • Ticker: IREN
  • Exchange: SWX
  • Founded: 1994
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Implied Market Cap: CHF1.356b
  • Shares outstanding: 12.73m
  • Website: https://www.investisgroup.com

Number of Employees


Location

  • Investis Holding SA
  • Neumühlequai 6
  • Zurich
  • Zurich
  • 8001
  • Switzerland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.