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IRRX

Integrated Rail and Resources Acquisition NYSE:IRRX Stock Report

Last Price

US$10.06

Market Cap

US$289.2m

7D

0.2%

1Y

n/a

Updated

01 Oct, 2022

Data

Company Financials
IRRX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

IRRX Stock Overview

Integrated Rail and Resources Acquisition Corp.

Integrated Rail and Resources Acquisition Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Integrated Rail and Resources Acquisition
Historical stock prices
Current Share PriceUS$10.06
52 Week HighUS$10.09
52 Week LowUS$9.80
Beta0
1 Month Change0.30%
3 Month Change0.90%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO2.65%

Recent News & Updates

Shareholder Returns

IRRXUS Capital MarketsUS Market
7D0.2%-2.3%-2.5%
1Yn/a-25.4%-23.2%

Return vs Industry: Insufficient data to determine how IRRX performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how IRRX performed against the US Market.

Price Volatility

Is IRRX's price volatile compared to industry and market?
IRRX volatility
IRRX Average Weekly Movement0.3%
Capital Markets Industry Average Movement0.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: IRRX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: IRRX's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aRichard Bertel

Integrated Rail and Resources Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in railroad companies in North America. The company was incorporated in 2021 and is based in Fort Worth, Texas.

Integrated Rail and Resources Acquisition Fundamentals Summary

How do Integrated Rail and Resources Acquisition's earnings and revenue compare to its market cap?
IRRX fundamental statistics
Market CapUS$289.23m
Earnings (TTM)US$3.52m
Revenue (TTM)n/a

82.2x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IRRX income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$3.52m
EarningsUS$3.52m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did IRRX perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

IRRX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

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

IRRX PE Ratio vs Peers
The above table shows the PE ratio for IRRX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.2x
SHCA Spindletop Health Acquisition
17.3xn/aUS$289.5m
MPRA Mercato Partners Acquisition
33.9xn/aUS$288.9m
PORT Southport Acquisition
93.2xn/aUS$288.9m
SCUA Sculptor Acquisition Corp I
13.3xn/aUS$289.8m
IRRX Integrated Rail and Resources Acquisition
82.2xn/aUS$289.2m

Price-To-Earnings vs Peers: IRRX is expensive based on its Price-To-Earnings Ratio (82.2x) compared to the peer average (17.2x).


Price to Earnings Ratio vs Industry

How does IRRX's PE Ratio compare vs other companies in the US Capital Markets Industry?

Price-To-Earnings vs Industry: IRRX is expensive based on its Price-To-Earnings Ratio (82.2x) compared to the US Capital Markets industry average (24.9x)


Price to Earnings Ratio vs Fair Ratio

What is IRRX'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.

IRRX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio82.2x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate IRRX's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate IRRX's fair value 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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Future Growth

How is Integrated Rail and Resources Acquisition forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.9%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Integrated Rail and Resources Acquisition has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Take a look at our analysis of IRRX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Integrated Rail and Resources Acquisition competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Integrated Rail and Resources Acquisition performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


20.8%

Historical Diversified Financials annual earnings growth

Earnings and Revenue History

Quality Earnings: IRRX has high quality earnings.

Growing Profit Margin: Insufficient data to determine if IRRX's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if IRRX's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare IRRX's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: Insufficient data to determine if IRRX's earnings growth over the past year exceeded the Capital Markets industry average.


Return on Equity

High ROE: IRRX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Discover strong past performing companies

Financial Health

How is Integrated Rail and Resources Acquisition's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IRRX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: IRRX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: IRRX is debt free.

Reducing Debt: IRRX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: IRRX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: IRRX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Integrated Rail and Resources Acquisition current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Integrated Rail and Resources Acquisition Dividend Yield vs Market
How does Integrated Rail and Resources Acquisition dividend yield compare to the market?
SegmentDividend Yield
Company (Integrated Rail and Resources Acquisition)n/a
Market Bottom 25% (US)1.7%
Market Top 25% (US)4.7%
Industry Average (Capital Markets)3.0%
Analyst forecast in 3 Years (Integrated Rail and Resources Acquisition)n/a

Notable Dividend: Unable to evaluate IRRX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IRRX'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 IRRX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IRRX's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as IRRX has not reported any payouts.


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Management

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

1.5yrs

Average management tenure


CEO

Richard Bertel (68 yo)

1.5yrs

Tenure

Mr. Richard D. Bertel is Chairman of the Board and Chief Executive Officer at Integrated Rail and Resources Acquisition Corp. since March 2021 and serves as its Director since November 11, 2021. Mr. Bertel...


Leadership Team

Experienced Management: IRRX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: IRRX's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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

What is the ownership structure of IRRX?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders125,0000.4%
General Public4,150,31414.4%
Private Companies4,234,84014.7%
Institutions9,912,70634.5%
Hedge Funds10,327,14035.9%

Dilution of Shares: IRRX only recently listed within the past 12 months.


Top Shareholders

Top 25 shareholders own 82.73% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
14.73%
Dhip Natural Resources Investments, Llc
4,234,840$42.6m2.42%no data
7.74%
Saba Capital Management, L.P.
2,225,232$22.4m0%0.3%
7.7%
Polar Asset Management Partners Inc.
2,213,815$22.3m17.76%0.4%
7.23%
D. E. Shaw & Co., L.P.
2,077,923$20.9m0%0.04%
6.71%
Highbridge Capital Management, LLC
1,930,170$19.4m0%0.44%
6.54%
Castle Creek Arbitrage, LLC
1,880,000$18.9m0%1.37%
4.61%
Context Capital Management LLC
1,324,738$13.3m0%1.9%
3.41%
Vestcor Inc.
980,000$9.9m0%0.38%
3.26%
Starboard Value LP
937,845$9.4m0%0.18%
2.34%
Karpus Management Inc
672,550$6.8m2.94%0.24%
2.24%
Point72 Asset Management, L.P.
645,194$6.5m0%0.02%
2.07%
Radcliffe Capital Management, L.P.
595,000$6.0m0%0.21%
1.85%
Barclays PLC Private Banking & Investment Banking Investment
532,400$5.4m0%0.01%
1.76%
Wolverine Asset Management, LLC
506,854$5.1m233.87%0.31%
1.74%
HGC Investment Management Inc.
500,000$5.0m0%0.32%
1.57%
WR Berkley Corp., Asset Management Arm
451,674$4.5m0%0.25%
1.19%
AQR Arbitrage, LLC
342,164$3.4m0%0.11%
1.19%
Basso Capital Management, L.P.
341,026$3.4m17.18%0.37%
1.13%
Hudson Bay Capital Management LP
325,000$3.3m0%0.04%
0.89%
Periscope Capital Inc
256,947$2.6m28.47%0.07%
0.87%
RiverNorth Capital Management, LLC
249,996$2.5m0%0.11%
0.7%
Shaolin Capital Management LLC
200,000$2.0m0%0.1%
0.56%
Mint Tower Capital Management B.V.
161,343$1.6m0%0.36%
0.35%
Citigroup Inc.,Banking and Securities Investments
100,001$1.0m0%no data
0.35%
Brookfield Asset Management Inc.
100,000$1.0m0%no data

Company Information

Integrated Rail and Resources Acquisition Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Integrated Rail and Resources Acquisition Corp.
  • Ticker: IRRX
  • Exchange: NYSE
  • Founded: 2021
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$289.225m
  • Shares outstanding: 28.75m

Location

  • Integrated Rail and Resources Acquisition Corp.
  • 6100 Southwest Boulevard
  • Suite 320
  • Fort Worth
  • Texas
  • 76109
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IRRX.UNYSE (New York Stock Exchange)UnitsUSUSDNov 2021
IRRXNYSE (New York Stock Exchange)YesClass A Common StockUSUSDJan 2022

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
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.