IREN Ltd.

Is Iris Energy Ltd. overvalued or undervalued?

As of October 17, 2025, Iris Energy Ltd. is considered fairly valued despite a significant past return of 578.44%, due to its negative P/E ratio of -216.82 and low ROCE of -1.50%, indicating potential overvaluation compared to peers like CleanSpark, Inc. and TeraWulf, Inc.

As of 17 October 2025, the valuation grade for Iris Energy Ltd. has moved from attractive to fair. The company appears to be overvalued given its current metrics, particularly in light of its negative P/E ratio and low ROCE of -1.50%. Key ratios include a Price to Book Value of 1.65, an EV to EBITDA of 17.16, and an EV to Sales ratio of 5.89, which suggest that the company's valuation may not be justified by its financial performance.<BR><BR>In comparison to peers, Iris Energy Ltd. has a significantly negative P/E ratio of -216.82, while CleanSpark, Inc. is considered attractive with an EV to EBITDA of 13.21, indicating a more favorable valuation. Additionally, TeraWulf, Inc. has a P/E of -29.75, further highlighting the challenges faced by Iris Energy in its sector. Notably, Iris Energy has outperformed the S&P 500 significantly over the past year with a return of 578.44% compared to the index's 14.08%, but this strong performance does not necessarily reflect a sustainable valuation given the underlying financial metrics.

Is Iris Energy Ltd. technically bullish or bearish?

As of July 8, 2025, Iris Energy Ltd. has a bullish technical trend supported by strong indicators, despite a bearish RSI on the weekly time frame, and has significantly outperformed the S&P 500 with a year-to-date return of 269.86%.

As of 8 July 2025, the technical trend for Iris Energy Ltd. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, and the Bollinger Bands also indicate bullish conditions in both time frames. The KST, Dow Theory, and OBV are all bullish on a weekly and monthly basis. However, the RSI shows a bearish signal on the weekly time frame, which slightly tempers the overall bullish sentiment.<BR><BR>In terms of performance, Iris Energy has significantly outperformed the S&P 500 across multiple periods, with a year-to-date return of 269.86% compared to the S&P 500's 12.22%, and a one-year return of 370.47% versus 17.14%. This strong performance further reinforces the bullish technical stance.

How big is Iris Energy Ltd.?

As of Jun 18, Iris Energy Ltd. has a market capitalization of 2,363.04 million, with net sales of 367.24 million and a net profit of -35.67 million for the latest four quarters. The company reported shareholder's funds of 1,097.35 million and total assets of 1,153.03 million as of June 2024.

Market Cap: <BR>As of Jun 18, Iris Energy Ltd. has a market capitalization of 2,363.04 million, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest four quarters ending in March 2025, December 2024, September 2024, and June 2024, Iris Energy Ltd. reported net sales of 367.24 million and a net profit of -35.67 million.<BR><BR>Balance Sheet Snapshot: <BR>As of June 2024, the company reported shareholder's funds of 1,097.35 million and total assets of 1,153.03 million.

What does Iris Energy Ltd. do?

Iris Energy Ltd. is a micro-cap company in the Commercial Services & Supplies industry, reporting net sales of $142 million and a net profit of $24 million for Q1 2025. Key metrics include a market cap of $2.36 billion, a P/E ratio of NA, and a dividend yield of 0.00%.

Overview: <BR>Iris Energy Ltd. operates within the Commercial Services & Supplies industry and is categorized as a micro-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 142 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 24 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 2,363.04 Million (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.14 <BR>Return on Equity: -2.47% <BR>Price to Book: 1.66<BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Should I buy, sell or hold Iris Energy Ltd.?