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IREN (IREN) EV-to-FCF : -3.43 (As of Dec. 13, 2024)


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What is IREN EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, IREN's Enterprise Value is $2,763.1 Mil. IREN's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 was $-805.3 Mil. Therefore, IREN's EV-to-FCF for today is -3.43.

The historical rank and industry rank for IREN's EV-to-FCF or its related term are showing as below:

IREN' s EV-to-FCF Range Over the Past 10 Years
Min: -11.01   Med: -2.01   Max: -0.22
Current: -3.5

During the past 5 years, the highest EV-to-FCF of IREN was -0.22. The lowest was -11.01. And the median was -2.01.

IREN's EV-to-FCF is ranked worse than
100% of 445 companies
in the Capital Markets industry
Industry Median: 9.38 vs IREN: -3.50

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2024-12-13), IREN's stock price is $13.145. IREN's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.410. Therefore, IREN's PE Ratio (TTM) for today is At Loss.


IREN EV-to-FCF Historical Data

The historical data trend for IREN's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IREN EV-to-FCF Chart

IREN Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
EV-to-FCF
- - -0.65 -2.13 -3.97

IREN Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.81 -6.41 -3.08 -3.97 -1.95

Competitive Comparison of IREN's EV-to-FCF

For the Capital Markets subindustry, IREN's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IREN's EV-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IREN's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where IREN's EV-to-FCF falls into.



IREN EV-to-FCF Calculation

IREN's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2763.111/-805.283
=-3.43

IREN's current Enterprise Value is $2,763.1 Mil.
IREN's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-805.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IREN  (NAS:IREN) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

IREN's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.145/-0.410
=At Loss

IREN's share price for today is $13.145.
IREN's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.410.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


IREN EV-to-FCF Related Terms

Thank you for viewing the detailed overview of IREN's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


IREN Business Description

Traded in Other Exchanges
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.