Argentina's largest real estate company, owning shopping malls, office buildings and hotels.
Argentina's largest real estate company, owning shopping malls, office buildings and hotels.
Earns rent from tenants in its shopping malls and offices, plus hotel income; mall tenants often pay rent as a share of sales, and office leases are often in US dollars. Cresud, an Argentine farmland company, is its controlling shareholder.
Moat: narrow (scale, brand, installed base). Dominant, long-established position in Argentina's best malls and offices is hard to replicate locally.
Headquarters: Buenos Aires, Argentina · Founded: 1943 · Employees: 1,350
Size IRSA Inversiones y Representaciones SA Sponsored ADR (IRS) is a United States Real Estate company (Real Estate Development) with a market value of $1.12B, the 2181st largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.58 on 6 Nov 2026.
Performance Over six months the shares fell 9.8%, against -12.5% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 4.4% over the last twelve months (peer median -2.1%); the operating margin is 41.9% (peer median 7.8%).
Valuation It trades at 64.9× forward earnings against a peer median of 11.8× (2nd most expensive of 15).
Short interest Short interest is 1.4% of the free float (15 Oct 2026).
Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $454M | $475M | $609M | $543M | $500M |
| Revenue growth | — | -22% | +12% | +9% | — |
| Gross profit | $276M | $287M | $369M | $362M | $326M |
| EBITDA | $201M | $207M | $267M | $286M | $181M |
| Net income | $261M | $282M | $252M | -$30.0M | $318M |
| Free cash flow | $97.6M | $87.9M | $304M | $99.1M | $129M |
| Capital expenditure | $8.51M | $6.80M | $12.6M | $6.62M | $5.19M |
| Total debt | $688M | $688M | $735M | $414M | $432M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IRS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.2% | +0.2% | 5th lowest of 21 |
| 6-month return | -9.8% | -12.5% | 10th highest of 21 |
| Distance from 52-week high | -34.3% | -24.6% | 10th lowest of 21 |
| Revenue growth (TTM) | +4.4% | -2.1% | 10th highest of 21 |
| Operating margin | 41.9% | 7.8% | 6th highest of 21 |
| Forward P/E | 64.9× | 11.8× | 2nd most expensive of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IRSA Inversiones y Representaciones SA Sponsored ADR IRS | United States | $1.12B | -10% | +4% | 42% | 64.9× | n/a | n/a |
| Signatureglobal (India) SIGNATURE.NS | India | $1.11B | -17% | -23% | -7% | 22.8× | n/a | n/a |
| Cibus Real Estate AB (publ) CIBUS.ST | Sweden | $1.11B | -12% | +20% | 75% | 11.2× | n/a | n/a |
| AEDAS Homes AEDAS.MC | Spain | $1.10B | +1% | -25% | 10% | 9.1× | n/a | n/a |
| Shenzhen Kingkey Smart Agriculture Times 000048.SZ | China | $1.10B | -7% | -17% | -15% | 10.4× | n/a | n/a |
| Vivenio Residencial SOCIMI YVIV.MC | Spain | $1.09B | -1% | +34% | 60% | n/a | n/a | n/a |
| Ichigo 2337.T | Japan | $1.09B | -13% | -17% | 29% | 9.0× | n/a | n/a |
| Cinda Real Estate 600657.SS | China | $1.08B | -19% | -44% | -97% | n/a | n/a | n/a |
| Zhuhai Zhumian 600185.SS | China | $1.08B | -27% | -49% | 17% | 17.3× | n/a | n/a |
| PLAZZA PLAN.SW | Switzerland | $1.08B | -4% | +6% | 76% | 40.0× | n/a | n/a |
| Beijing Urban Construction Investment & Development Co 600266.SS | China | $1.16B | -21% | -31% | -2% | n/a | n/a | n/a |
| Token 1766.T | Japan | $1.07B | -1% | +5% | 6% | 8.2× | n/a | n/a |
| Hotel101 Global HBNB | United States | $1.07B | -29% | +1,178% | 2% | n/a | n/a | n/a |
| Sunac China 1918.HK | Hong Kong | $1.06B | -64% | -29% | -27% | n/a | n/a | n/a |
| Red Star Macalline 601828.SS | China | $1.18B | -25% | -7% | -27% | 80.4× | n/a | n/a |
| Gemlife Communities GLF.AX | Australia | $1.05B | -9% | +8% | 32% | 12.3× | n/a | n/a |
| Tosei 8923.T | Japan | $1.18B | +17% | +14% | 23% | 11.4× | n/a | n/a |
| Mercialys MERY.PA | France | $1.05B | -15% | +3% | 69% | 7.7× | n/a | n/a |
| Marcus & Millichap MMI | United States | $1.05B | -9% | +12% | 1% | 56.1× | n/a | n/a |
| Mainstreet Equity MEQ.TO | Canada | $1.19B | +1% | +5% | 60% | 18.9× | n/a | n/a |
| Black Peony (Group) 600510.SS | China | $1.04B | -37% | -24% | -14% | n/a | n/a | n/a |