IRIS Corporation Berhad

KLSE:IRIS Stock Report

Market Cap: RM 261.0m

IRIS Corporation Berhad Valuation

Is IRIS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IRIS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IRIS (MYR0.32) is trading below our estimate of fair value (MYR0.44)

Significantly Below Fair Value: IRIS is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IRIS?

Key metric: As IRIS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IRIS. This is calculated by dividing IRIS's market cap by their current earnings.
What is IRIS's PE Ratio?
PE Ratio7.4x
EarningsRM 35.33m
Market CapRM 261.03m

Price to Earnings Ratio vs Peers

How does IRIS's PE Ratio compare to its peers?

The above table shows the PE ratio for IRIS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.6x
OPENSYS OpenSys (M) Berhad
12.7xn/aRM 163.1m
CREST Crest Group Berhad
15.9x12.8%RM 303.0m
MIKROMB Mikro MSC Berhad
7.2xn/aRM 257.6m
CNERGEN Cnergenz Berhad
34.5xn/aRM 236.6m
IRIS IRIS Corporation Berhad
7.4xn/aRM 261.0m

Price-To-Earnings vs Peers: IRIS is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (17.6x).

Price to Earnings Ratio vs Industry

How does IRIS's PE Ratio compare vs other companies in the Asian Tech Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IRIS 7.4xIndustry Avg. 21.2xNo. of Companies20PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IRIS is good value based on its Price-To-Earnings Ratio (7.4x) compared to the Asian Tech industry average (21.2x).

Price to Earnings Ratio vs Fair Ratio

What is IRIS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IRIS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate IRIS's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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