Have not previously taken much interest in IRI but had a quick look at the results as the share price has fallen so far.
Current PE is 33 ($4.19/14cps) but no revenue growth in US$ or British Pound markets for the last 3 or 4 years. 95% of revenues are outside Australia, Over the last 2 or 3 years the AUD has fallen against the USD and Pound. Margin has remained constant. So growth in EPS, I think, is largely due to currency.
If I am right, and I would like to be corrected if I have over looked something, but hard to see a PE ratio above low 20s
Ann: FY2020 Financial Year Results, page-6
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Last
60.0¢ |
Change
-0.025(4.00%) |
Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 63.0¢ | 60.0¢ | $605.3K | 988.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27000 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 5927 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| IRI (ASX) Chart |