Iris Energy Revenue vs. Return On Asset
| IREN Stock | USD 13.51 1.11 8.95% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 188.8 M | Current Value 198.2 M | Quarterly Volatility 68.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.58 | 0.8824 |
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For Iris Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Iris Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Iris Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Iris Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Iris Energy over time as well as its relative position and ranking within its peers.
Iris |
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.
Iris Energy Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Iris Energy's current stock value. Our valuation model uses many indicators to compare Iris Energy value to that of its competitors to determine the firm's financial worth. Iris Energy is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . At this time, Iris Energy's Total Revenue is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Iris Energy's earnings, one of the primary drivers of an investment's value.Iris Revenue vs. Competition
Iris Energy is considered the number one company in revenue category among its peers. Market size based on revenue of Financials industry is currently estimated at about 30.47 Billion. Iris Energy maintains roughly 188.76 Million in revenue contributing less than 1% to equities under Financials industry.
Iris Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Iris Energy |
| = | 188.76 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Iris Energy |
| = | -0.0229 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Iris Return On Asset Comparison
Iris Energy is currently under evaluation in return on asset category among its peers.
Iris Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Iris Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Iris Energy will eventually generate negative long term returns. The profitability progress is the general direction of Iris Energy's change in net profit over the period of time. It can combine multiple indicators of Iris Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 16.3 M | 17.1 M | |
| Operating Income | -26.3 M | -27.6 M | |
| Income Before Tax | -25.5 M | -26.8 M | |
| Total Other Income Expense Net | 831 K | 872.5 K | |
| Net Loss | -154.7 M | -162.4 M | |
| Net Loss | -29 M | -30.4 M | |
| Income Tax Expense | 3.5 M | 1.8 M | |
| Net Interest Income | 5.6 M | 5.9 M | |
| Interest Income | 5.8 M | 6.1 M | |
| Net Loss | -29 M | -30.4 M | |
| Change To Netincome | 156.4 M | 140.8 M | |
| Net Loss | (0.29) | (0.31) | |
| Income Quality | (1.82) | (1.73) | |
| Net Income Per E B T | 1.14 | 0.82 |
Iris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Iris Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Iris Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Iris Energy's important profitability drivers and their relationship over time.
Use Iris Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Iris Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Iris Energy will appreciate offsetting losses from the drop in the long position's value.Iris Energy Pair Trading
Iris Energy Pair Trading Analysis
The ability to find closely correlated positions to Iris Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iris Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Iris Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Iris Energy to buy it.
The correlation of Iris Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Iris Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iris Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Iris Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Iris Energy position
In addition to having Iris Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies that develop and distribute software and software systems to individuals or business. The Software theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Software Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
To fully project Iris Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Iris Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Iris Energy's income statement, its balance sheet, and the statement of cash flows.