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IRSA Inversiones y Representaciones Sociedad Anónima, (IRS) Fair Value & Analysis

Real Estate · US · Market cap $1.4B

II IRSA Inversiones y Representaciones Sociedad Anónima, logo IRSA Inversiones y Representaciones Sociedad Anónima, IRS · US
Price$14.94
Fair Value$21.22
Upside+42.0%
Quality44/100
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Expensive Growth
Highly profitable · 72.5% net margin
Low debt · generates free cash flow
14.43% dividend yield
Ranks above peers (8/12)
Wide moat 77/100
Evidence: High Range $21.22 – $54.29 Share as image

Fair value as of: Jul 26, 2026

From 11 valuation models · updated 15 days ago

Fair value updated Jul 26, 2026, revised from $21.49 to $21.22 (−1.3%) since Jun 26, 2026. Share price −2.3% over the past month.

Below-average quality, screening 42% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case ($21.22). The market is more pessimistic than our downside scenario.
  • A fairly wide model range ($21.22 to $54.29) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

$18.41 $2.03 Fair Value $21.22 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 26, 2026.

How to read this chart

60‑month range $2.03 – $18.41 · fair‑value band $21.22 – $54.29 · the $14.94 price screens below the $21.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 26, 2026.

Full chart & analysis →

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Analysis

IRSA Inversiones y Representaciones Sociedad Anónima, (IRS) currently trades at $14.94, while our model-based Fair Value estimate is $21.22, implying the stock looks roughly 42.0% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, IRSA Inversiones y Representaciones Sociedad Anónima, generated revenue of $522B at a net margin of 72.5%. Revenue grew 29.3% year over year. It earns a return on equity of 22.5%. Net debt stands at $419B. Fundamentals as of Jul 26, 2026

Our scenario range runs from $21.22 (bear case) to $54.29 (bull case); at $14.94, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 42%, IRS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income $11,134 $11,970 $13,529 76
P/S Multiple $16,511 $22,014 $27,518 58
P/B Multiple $16,511 $22,014 $27,518 55
All 11 models by family
DCF Models
5Y Revenue Exit $5,195 39
5Y EBITDA Exit $1,233 $8,009 41
10Y Revenue Exit $2,199 36
10Y EBITDA Exit $1,061 $9,203 37
Multiples
P/S Multiple $16,511 $22,014 $27,518 58
P/B Multiple $16,511 $22,014 $27,518 55
EV/EBIT $727.05 $2,833 $4,940 53
EV/EBITDA $920.57 $2,549 54
EV/Revenue $880.23 43
Asset-Based
NCAV (Graham) $6,834 $9,158 $13,668 50
Economic Profit
Residual Income $11,134 $11,970 $13,529 76

Widest divergence: Economic Profit ($11,970) versus DCF Models ($1,061). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) $522B
Revenue growth (YoY) +29.3%
Net margin 72.5%
Return on equity 22.5%
Free cash flow $227M FY2025
P/E ratio 5.1
More key figures
Operating margin 44.4%
EPS (TTM) $3.26
Dividend yield 14.4%
EPS growth (YoY) -27.6%
Net debt $419B FY2025

Figures from reported company fundamentals · as of Jul 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 41 · Market factors (momentum, volatility) 50

Profitability 40
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 50
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Sales and Developments, Hotels, and Others.

Full company description

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Sales and Developments, Hotels, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes; and lease and service related to rental of commercial space and other spaces. It also acquires and operates luxury hotels and resorts under the Intercontinental, Libertador, and Llao Llao names; develops, constructs, and sells residential properties, including apartment tower complexes; and acquires undeveloped land reserves for future development or sale. In addition, the company engages in the development and operation of stadium; and provision of ¡appa!, a digital customer loyalty system platform, for consumption in shopping malls, use of parking spaces, and redemption of corporate benefits. Further, it is involved in development, maintenance and sales of undeveloped parcels of land and/or trading properties; room, catering and restaurant services. The company was incorporated in 1943 and is headquartered in Buenos Aires, Argentina. IRSA Inversiones y Representaciones Sociedad Anónima operates as a subsidiary of Cresud S.A.C.I.F. y A.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

IRSA Inversiones y Representaciones Sociedad Anónima, reported revenue of $491B in FY2025 versus $45.9B in FY2021, a compound +80.8%/yr. Reported net income was $110B in FY2025.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$491B
Latest YoY
+7.1%
Avg. growth/yr (3Y)
+24.0%
Avg. growth/yr (5Y)
+60.6%
Avg. growth/yr (27Y)
+34.2%
Revenue +80.8%/yr
FY21 $45.9B
FY22 $257B
FY23 $462B
FY24 $458B
FY25 $491B
Net income
FY21 −$106B
FY22 $277B
FY23 $312B
FY24 −$40.6B
FY25 $110B

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Cite: Fair Value Calculator (2026). "IRSA Inversiones y Representaciones Sociedad Anónima, Fair Value". https://www.fairvalue-calculator.com/stock/IRS

Peer Group

Real Estate Services · 521 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 45 · Below median
Fair Value upside +42% · Above median
Return on equity (TTM) 22% · Top 25%
Return on assets 4% · Top 25%
Net margin (TTM) 73% · Top 25%
Operating margin (TTM) 44% · Above median
Revenue growth 29% · Top 25%
Dividend yield (TTM) 14.4% · Top 25%
Debt / equity 0.44× · Higher than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 5.1× · Cheaper than 75% of peers
P/FCF 6.2× · Pricier than median
PEG 2.73× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 89 · sector 37
FUTURE 100 · sector 10
PAST 90 · sector 16
HEALTH 78 · sector 85
DIVIDEND 100 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 26, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%
PT Plaza Indonesia Realty Tbk PLIN 2,510 IDR 3,074 IDR +22%

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Frequently asked questions

Is IRSA Inversiones y Representaciones Sociedad Anónima, (IRS) overvalued or undervalued?
As of Jul 26, 2026, our model estimates a fair value of $21.22 versus a price of $14.94, about +42% (undervalued).
What is the fair value of IRS?
Our model-based fair value for IRSA Inversiones y Representaciones Sociedad Anónima, is $21.22 (as of Jul 26, 2026), built from audited fundamentals. The current price is $14.94.
What is the quality score of IRS?
IRSA Inversiones y Representaciones Sociedad Anónima, has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of IRSA Inversiones y Representaciones Sociedad Anónima, (IRS)?
IRSA Inversiones y Representaciones Sociedad Anónima, reported trailing-twelve-month revenue of about $522B (latest available figure, as of Jul 26, 2026).
What is the net profit margin of IRS?
The net profit margin of IRSA Inversiones y Representaciones Sociedad Anónima, is about 72.5%, meaning it keeps roughly 72.5% of revenue as net income. Based on the latest reported figures.
Does IRSA Inversiones y Representaciones Sociedad Anónima, pay a dividend?
IRSA Inversiones y Representaciones Sociedad Anónima, currently shows a dividend yield of about 14.43% relative to its recent price (as of Jul 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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