Added to YB: 2026-09-14
Pitch date: 2026-09-10
IRS [bullish]
IRSA Inversiones y Representaciones Sociedad Anónima
Author Info
Building Arks has 25 years of experience as a professional and private investor. I own stocks for the very long term when I think they can compound at 15%. I write about them here. Sign up for the newsletter.
Company Info
IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina.
Market Cap
ARS 2.0T
Pitch Price
N/A
Price Target
N/A
Dividend
9.16%
EV/EBITDA
12.12
P/E
5.23
EV/Sales
5.79
Sector
Real Estate Management and Development
Category
value
Results: IRSA 4q26
IRS (earnings): IRSA’s FY26 results support the unchanged bullish thesis: record rental EBITDA of $199m was largely cash, while 20 Ramblas del Plata barter deals worth $130m lock in high-margin proceeds for 2028-29. Mall EBITDA rose 3.8% to a record $176m despite tenant sales falling 8.5%. The shares remain at a 40-50% discount to an NAV viewed as understated, with roughly 20% bull-case compounding potential.
Read full article (3 min)