Iris Energy Ltd
NASDAQ:IREN
Intrinsic Value
Iris Energy Ltd. operates as a Bitcoin mining company. [ Read More ]
The intrinsic value of one IREN stock under the Base Case scenario is 15.88 USD. Compared to the current market price of 5.58 USD, Iris Energy Ltd is Undervalued by 65%.
Valuation Backtest
Iris Energy Ltd
Run backtest to discover the historical profit from buying and selling IREN stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Iris Energy Ltd
Current Assets | 109.2m |
Cash & Short-Term Investments | 91.6m |
Receivables | 5.7m |
Other Current Assets | 11.9m |
Non-Current Assets | 308m |
PP&E | 265.5m |
Other Non-Current Assets | 42.5m |
Current Liabilities | 32.3m |
Accounts Payable | 17.5m |
Accrued Liabilities | 3.6m |
Other Current Liabilities | 11.3m |
Non-Current Liabilities | 3m |
Long-Term Debt | 1.2m |
Other Non-Current Liabilities | 1.8m |
Earnings Waterfall
Iris Energy Ltd
Revenue
|
118.1m
USD
|
Operating Expenses
|
-163.1m
USD
|
Operating Income
|
-45m
USD
|
Other Expenses
|
-132.1m
USD
|
Net Income
|
-177.1m
USD
|
Free Cash Flow Analysis
Iris Energy Ltd
What is Free Cash Flow?
IREN Profitability Score
Profitability Due Diligence
Iris Energy Ltd's profitability score is 30/100. The higher the profitability score, the more profitable the company is.
Score
Iris Energy Ltd's profitability score is 30/100. The higher the profitability score, the more profitable the company is.
IREN Solvency Score
Solvency Due Diligence
Iris Energy Ltd's solvency score is 74/100. The higher the solvency score, the more solvent the company is.
Score
Iris Energy Ltd's solvency score is 74/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
IREN Price Targets Summary
Iris Energy Ltd
According to Wall Street analysts, the average 1-year price target for IREN is 11.39 USD with a low forecast of 9.09 USD and a high forecast of 19.43 USD.
Shareholder Return
IREN Price
Iris Energy Ltd
Average Annual Return | -35.17% |
Standard Deviation of Annual Returns | 61.05% |
Max Drawdown | -99% |
Market Capitalization | 787.3m USD |
Shares Outstanding | 141 095 008 |
Percentage of Shares Shorted | 2.08% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Iris Energy Ltd. operates as a Bitcoin mining company. The company is headquartered in Sydney, New South Wales and currently employs 39 full-time employees. The company went IPO on 2021-11-17. The firm builds, owns and operates data center and electrical infrastructure for the mining of Bitcoin primarily powered by renewable energy. The company uses computers powered by renewables to secure the Global bitcoin network. The company builds data centers through research and development to optimize the operational environment, including uptime performance. The company mines Bitcoin and forms relationships with Bitcoin mining hardware suppliers, including Bitmain Technologies Limited, as well as utility companies such as BC Hydro. The firm uses Antpool as its main mining pool service provider and it is subject to Antpool’s User Service Agreement. The company also has right to terminate its use of Antpool’s services at any time. The firm and its business and commercial partners, such as mining pools, digital asset exchanges and other third parties with which it interacts, rely on third-party service providers’ information technology (IT) systems.
Contact
IPO
Employees
Officers
The intrinsic value of one IREN stock under the Base Case scenario is 15.88 USD.
Compared to the current market price of 5.58 USD, Iris Energy Ltd is Undervalued by 65%.