Iris Energy Net Worth

Iris Energy Net Worth Breakdown

  IREN
The net worth of Iris Energy is the difference between its total assets and liabilities. Iris Energy's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Iris Energy's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Iris Energy's net worth can be used as a measure of its financial health and stability which can help investors to decide if Iris Energy is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Iris Energy stock.

Iris Energy Net Worth Analysis

Iris Energy's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Iris Energy's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Iris Energy's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Iris Energy's net worth analysis. One common approach is to calculate Iris Energy's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Iris Energy's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Iris Energy's net worth. This approach calculates the present value of Iris Energy's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Iris Energy's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Iris Energy's net worth. This involves comparing Iris Energy's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Iris Energy's net worth relative to its peers.

Enterprise Value

781.17 Million

To determine if Iris Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Iris Energy's net worth research are outlined below:
Iris Energy is way too risky over 90 days horizon
Iris Energy appears to be risky and price may revert if volatility continues
Iris Energy has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 188.76 M. Net Loss for the year was (28.95 M) with profit before overhead, payroll, taxes, and interest of 57.61 M.
Latest headline from businesswire.com: The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Iris Energy Limited
Iris Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Iris Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Iris Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
11th of September 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

Iris Energy Target Price Consensus

Iris target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Iris Energy's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   10  Strong Buy
Most Iris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Iris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Iris Energy, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Iris Energy Target Price Projection

Iris Energy's current and average target prices are 15.39 and 10.79, respectively. The current price of Iris Energy is the price at which Iris Energy is currently trading. On the other hand, Iris Energy's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Iris Energy Market Quote on 8th of December 2024

Low Price14.18Odds
High Price15.92Odds

15.39

Target Price

Analyst Consensus On Iris Energy Target Price

Low Estimate9.82Odds
High Estimate11.98Odds

10.79

Historical Lowest Forecast  9.82 Target Price  10.79 Highest Forecast  11.98
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Iris Energy and the information provided on this page.

Know Iris Energy's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Iris Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Iris Energy backward and forwards among themselves. Iris Energy's institutional investor refers to the entity that pools money to purchase Iris Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Simplex Trading, Llc2024-09-30
1.2 M
Steadfast Capital Management Llc2024-09-30
1.1 M
Goldman Sachs Group Inc2024-09-30
1.1 M
Van Eck Associates Corporation2024-06-30
M
Pennant Investors Lp2024-09-30
940 K
Vgi Partners Pty Ltd2024-09-30
875.3 K
Morgan Stanley - Brokerage Accounts2024-09-30
753.8 K
Geode Capital Management, Llc2024-09-30
735.1 K
Exchange Traded Concepts, Llc2024-09-30
713.6 K
Susquehanna International Group, Llp2024-09-30
4.6 M
Marshall Wace Asset Management Ltd2024-09-30
4.3 M
Note, although Iris Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Iris Energy's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.3 B.

Market Cap

859.5 Million

Project Iris Energy's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.03)(0.03)
Return On Capital Employed(0.02)(0.03)
Return On Assets(0.03)(0.03)
Return On Equity(0.03)(0.03)
The company has Profit Margin (PM) of (0.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.4) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.4.
When accessing Iris Energy's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Iris Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Iris Energy's profitability and make more informed investment decisions.

Evaluate Iris Energy's management efficiency

Iris Energy has return on total asset (ROA) of (0.0229) % which means that it has lost $0.0229 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0413) %, meaning that it created substantial loss on money invested by shareholders. Iris Energy's management efficiency ratios could be used to measure how well Iris Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 8th of December 2024, Return On Tangible Assets is likely to drop to -0.03. In addition to that, Return On Capital Employed is likely to drop to -0.03. At this time, Iris Energy's Intangible Assets are very stable compared to the past year. As of the 8th of December 2024, Debt To Assets is likely to grow to 0.20, while Other Assets are likely to drop about 402 K.
Last ReportedProjected for Next Year
Book Value Per Share 11.01  11.56 
Tangible Book Value Per Share 11.01  11.56 
Enterprise Value Over EBITDA 33.64  31.96 
Price Book Value Ratio 1.15  1.09 
Enterprise Value Multiple 33.64  31.96 
Price Fair Value 1.15  1.09 
Enterprise Value854.5 M781.2 M
Iris Energy benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Enterprise Value Revenue
15.3471
Revenue
188.8 M
Quarterly Revenue Growth
0.679
Revenue Per Share
1.894
Return On Equity
(0.04)

Iris Energy Corporate Filings

6K
6th of December 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
29th of August 2024
Other Reports
ViewVerify
28th of August 2024
Other Reports
ViewVerify
3rd of July 2024
Other Reports
ViewVerify
Iris Energy time-series forecasting models is one of many Iris Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Iris Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Iris Energy Earnings Estimation Breakdown

The calculation of Iris Energy's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Iris Energy is estimated to be 0.04 with the future projection ranging from a low of 0.04 to a high of 0.04. Please be aware that this consensus of annual earnings estimates for Iris Energy is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.16
0.04
Lowest
Expected EPS
0.04
0.04
Highest

Iris Energy Earnings Projection Consensus

Suppose the current estimates of Iris Energy's value are higher than the current market price of the Iris Energy stock. In this case, investors may conclude that Iris Energy is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Iris Energy's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
1028.48%
-0.1607
0.04
-0.48

Iris Energy Earnings History

Earnings estimate consensus by Iris Energy analysts from Wall Street is used by the market to judge Iris Energy's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Iris Energy's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Iris Energy Quarterly Gross Profit

46.67 Million

As of the 8th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.50, though Retained Earnings are likely to grow to (649.1 M). As of the 8th of December 2024, Common Stock Shares Outstanding is likely to drop to about 58.3 M. In addition to that, Net Loss is likely to drop to about (162.4 M).
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Iris Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.1416.8424.54
Details
Intrinsic
Valuation
LowRealHigh
4.5612.2619.96
Details
10 Analysts
Consensus
LowTargetHigh
9.8210.7911.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.040.04
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Iris assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Iris Energy. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Iris Energy's stock price in the short term.

Iris Energy Earnings per Share Projection vs Actual

Actual Earning per Share of Iris Energy refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Iris Energy predict the company's earnings will be in the future. The higher the earnings per share of Iris Energy, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Iris Energy Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Iris Energy, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Iris Energy should always be considered in relation to other companies to make a more educated investment decision.

Iris Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Iris Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-04
2024-09-30-0.0748-0.1607-0.0859114 
2024-09-13
2024-06-300.03-0.27-0.31000 
2024-05-15
2024-03-310.050.070.0240 
2024-03-06
2023-12-31-0.0034-0.07-0.06661958 
2023-11-29
2023-09-30-0.0092-0.0339-0.0247268 
2023-09-13
2023-06-30-0.17-0.050.1270 
2023-06-27
2023-03-31-0.26-0.110.1557 
2023-02-15
2022-12-31-0.13-2.71-2.581984 
2022-11-30
2022-09-30-0.0897-0.34-0.2503279 
2022-09-13
2022-06-300.080.04-0.0450 
2022-05-11
2022-03-310.07-0.0503-0.1203171 
2022-02-10
2021-12-311.41.430.03
2021-11-18
2021-09-300.05-1.46-1.513020 
2021-08-26
2021-06-300-0.04-0.04
2021-06-30
2021-03-310-1.388-1.388
2021-03-31
2020-12-310-1.406-1.406
2020-09-30
2020-06-300-0.0193-0.0193
2020-06-30
2020-03-310-0.0485-0.0485
2020-03-31
2019-12-310-0.0432-0.0432
2019-12-31
2019-09-300-0.0198-0.0198
2019-09-30
2019-06-300-0.0191-0.0191

Iris Energy Corporate Management

When determining whether Iris Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iris Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iris Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iris Energy Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iris Energy. If investors know Iris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iris Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
1.894
Quarterly Revenue Growth
0.679
Return On Assets
(0.02)
Return On Equity
(0.04)
The market value of Iris Energy is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Energy's value that differs from its market value or its book value, called intrinsic value, which is Iris Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iris Energy's market value can be influenced by many factors that don't directly affect Iris Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iris Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.