Is IRE.AX overvalued or undervalued?

IRE.AX currently has a P/E ratio of 11.24. Relative to the sector average of 40.60, this suggests the stock may be undervalued. A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

How can I buy Iress Limited stock?

Iress Limited trades on ASX. Investors in Latin America can buy it through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Can I buy fractional shares of IRE.AX?

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Does buying IRE.AX protect my money against local inflation?

Many investors in Latin America buy international stocks like IRE.AX to protect their purchasing power. Because IRE.AX is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Do I need a foreign bank account or a Visa to buy IRE.AX shares?

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Is IRE.AX a suitable investment for my portfolio?

There is no universal answer, since fit depends on your situation, not just the stock. Think about three things: how well IRE.AX diversifies what you already own, whether you can stomach its price swings given your risk tolerance, and how long you plan to stay invested. As a rule, a single stock works best as one piece of a broader asset allocation and with a multi-year time horizon. This is general information, not personalized financial advice.

All stocksIRE.AX

Iress Limited

A$5.62+A$0.18+3.31%

ASX / AUD

Market cap

A$1.0B

P/E

11.2

EPS (TTM)

A$0.34

Dividend yield

2.49%

Beta

0.92

1Y return

-35.40%

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Financials

The numbers behind the company

Revenue vs net income

RevenueNet income

$433M2021

$419M2022

$426M2023

$372M2024

$371M2025

Financial health

Gross margin

Operating margin

ROE

ROA

Debt to equity0.41Low
Current ratio1.76
Cash ratio0.61
Net margin18.6%
Free cash flow—

Valuation

Is it expensive right now

P/E vs the market

scale 0–50

0153050

IRE.AX11.2
Technology sector median40.6
S&P 50022.0

Trades about 72% below its sector, cheaper than its peers on earnings.

Ratios

PEG2.70
Price to book2.45
EPS (TTM)A$0.34
Payout ratio4,773%
FCF yield3.14%

Range & risk

A$5.04A$10.38

Trading in the lower third of its 52-week band

Beta0.92

Profile

What Iress Limited actually does

Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, South Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital advice solutions, digital client solutions, data-driven compliance and analytics, regulatory obligations management solutions, and revenue and payments management; trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, analytical tools, algorithmic trading, post trade solutions, market data, trading and market data APIs; and mortgage comparison, mortgage advice, lender connectivity, quoting, comparison, application processing services. The company also provides portfolio management, order and execution management, FIX services, analytical tools, connectivity, market data, order management, portfolio management, client relationship management, and wealth management services. It offers its solutions to institutional and independent advisory clients; institutional sell-side, retail, and online brokers; investment, fund, private client advisers, and wealth managers; retail and investment platforms; superannuation funds; and mortgage intermediaries, networks, and Institutional and independent advisory. The company was formerly known as IRESS Market Technology Limited and changed its name to IRESS Limited in May 2012. The company was incorporated in 1993 and is headquartered in Melbourne, Australia.

CEO

Andrew J. Russell

Employees

1,153

Headquarters

Melbourne, VIC

Founded

2000-11-01

Company website

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Community sentiment

Bullish—

Distribution

Bearish0%
Neutral0%
Bullish0%

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Q&A

Questions people ask

IRE.AX has a beta of 0.92, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

Iress Limited