IRESS Limited (ASX:IRE) have seen a year over year change of sales growth of 0.09964. The 1438680 market value company based out of Australia is an important player in the Software & Computer Services sector.
While sales growth can be a key driver for a company’s stock performance, there are many other factors to consider as well. Here we’ll take a look at several other notable indicators.
Investors have the ability to approach the stock market from various angles. This may include using technical analysis, fundamental analysis, or a combination or the two. Investors watching the technical levels may be trying to chart patterns and discover trends in stock price movement. Investors tracking the fundamentals may be looking closely at many different factors. They may be focused on industry performance, earnings estimates, dividend payouts, and other factors. They might also be studying how the company is run, and trying to figure out the true value of the firm. Keeping track of all the data may seem overwhelming, but it may help give a needed boost to the portfolio.
So how has IRESS Limited (ASX:IRE) performed in terms of returns? The ROIC quality score stands at 8.849942 whilet he actual return on invested capital holds at 1.226367. IRESS Limited’s book to market ratio is at 0.199771 while the book to market mean difference is 0.02873. This indicator tells you how a company is currently valued in terms of Book to Market compared to its average Book to Market over the past 10 years. It’s important to note that BM is the inverse of the Price to book ratio. Thus a high BM ratio means a company is undervalued.
In glancing at some key ratios we note that the Piotroski F-Score is at 5 (1 to 10 scale) and the ERP5 rank is at 4923. The Q.I. Value of IRESS Limited (ASX:IRE) currently reads 40.00000 on the Quant scale. The Free Cash Flow score of 0.435350 is also swinging some momentum at investors. The Australia based firm is currently valued at 1688.
Some other notable ratios include the Accrual Ratio of 0.017728, the Altman Z score of 5.419195, a Montier C-Score of 1.00000 and a Value Composite rank of 61.
In looking at some Debt ratios, IRESS Limited (ASX:IRE) currently has a debt to equity ratio of 0.51298 and a Free Cash Flow to Debt ratio of 0.320376. This ratio gives insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at 2.04251. This ratio reveals how easily a firm is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. IRESS Limited’s ND to MV current stands at 0.092600. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.
Value investors may be scanning the shelves for bargain stocks. They may be looking to spot those shares that haven’t been doing a whole lot and are being generally overlooked by the investing world. Value investors may be searching for stocks with lower price to earnings ratios that possess higher dividend yields. Investors looking for growth stocks may be willing to shell out a little more for a stock that has the possibility of increasing EPS at a quicker pace. Some investors may favor one category of stocks over another, but they may need to find a combination at some point. As markets tend to move in cycles, it may be necessary to align the portfolio to the category that is best positioned to make consistent gains in the future.
IRESS Limited (ASX:IRE) are showing an adjusted slope average of the past 125 and 250 days of -3.68618. The Adjusted Slope 125/250d indicator is equal to the average annualized exponential regression slope, over the past 125 and 250 trading days, multiplied by the coefficient of determination (R2). The purpose of this calculation is to provide a longer term average adjusted slope value that levels out large share price movements by using the average. This indicator is useful in helping find stocks that have been on a smooth upward trend over the past 6 months to a year.
Drilling down into some additional key near-term indicators we note that the Capex to PPE ratio stands at 0.847498 for IRESS Limited (ASX:IRE). The Capex to PPE ratio shows you how capital intensive a company is. Stocks with an increasing (year over year) ratio may be moving to be more capital intensive and often underperform the market. Higher Capex also often means lower Free Cash Flow (Operating cash flow – Capex) generation and lower dividends as companies don’t have the cash to pay dividends if they are investing more in the business.
Investors may be trying to define which trends will prevail in the second half of the year. As the markets continue to chug along, investors may be trying to maximize gains and become better positioned for success. Technical analysts may be studying different historical price and volume data in order to help uncover where the momentum is headed. Coming up with a solid strategy may take some time, but it might be well worth it in the long run. As we move deeper into the year, investors will be closely tracking the next few earnings periods. They may be trying to project which companies will post positive surprises.
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