Iren SpA Stock
€1.80
Your prediction
Pros and Cons of Iren SpA in the next few years
Pros
Cons
Performance of Iren SpA vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Iren SpA | - | 5.765% | -2.336% | -3.333% | -7.748% | -24.263% | -12.121% |
| Acea SpA | 1.090% | 2.420% | -0.064% | 19.087% | 16.692% | -16.212% | 2.487% |
| Hera SpA | 0.890% | 7.097% | 2.072% | 24.535% | 13.023% | -0.475% | - |
| RWE AG ADR | 0.640% | -2.500% | 3.311% | -22.772% | -22.772% | -7.143% | 38.053% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon initial review, it's discernible that the Iren Group, a key player in the Multiline Utilities sector, showcases substantial financial strength. Their recent financial reports, reflecting financial ratios and statements, indicate a company that has been steadily growing its assets, improving its financial stability, and demonstrating promising revenue trends.
Delving deep into the balance sheets, the company's total assets have shown continuous growth from 2020 to 2022, progressing from 9,554,265,000 EUR to a remarkable 11,717,059,000 EUR. This shows a clear expansion, translating into enhanced investor confidence and improved creditworthiness. However, an interesting facet to note is the increment in total liabilities from 6,790,737,000 EUR in 2020 to 8,525,905,000 EUR in 2022. Although generally not as beneficial, this could signify strategic borrowing for expansion purposes.
On the revenue front, there's a noticeable amelioration in total revenue from 3,650,575,000 EUR in 2020 to 7,754,010,000 EUR in 2022. This essentially signifies rising demand for its services, feeding into potential future growth. However, the company's cost of revenue has also surged, which could impact overall profitability if not strategically managed.