Analyzing E.On (OTCMKTS:ENAKF) & IREN (NASDAQ:IREN)

E.On (OTCMKTS:ENAKF) and IREN (NASDAQ:IREN) are both utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.

Profitability

This table compares E.On and IREN’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
E.On	N/A	N/A	N/A
IREN	-9.40%	-2.12%	-1.67%

Valuation and Earnings

This table compares E.On and IREN”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
E.On	N/A	N/A	N/A	($0.2520)	-73.73
IREN	$188.76 million	20.60	-$28.95 million	N/A	N/A

E.On has higher earnings, but lower revenue than IREN.

Institutional & Insider Ownership

25.1% of E.On shares are held by institutional investors. Comparatively, 41.1% of IREN shares are held by institutional investors. 21.6% of IREN shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for E.On and IREN, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
E.On	0	0	0	0	0.00
IREN	0	2	8	1	2.91

IREN has a consensus price target of $20.8889, indicating a potential upside of 0.91%. Given IREN’s stronger consensus rating and higher possible upside, analysts plainly believe IREN is more favorable than E.On.

Summary

IREN beats E.On on 7 of the 10 factors compared between the two stocks.

About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services. The Customer Solutions segment supplies power, gas, and heat, as well as with products and services that enhance energy efficiency to residential, small and medium-sized enterprises, large commercial and industrial, sales partners, and public entities. Additionally, it provides SmartSim, a software solution that allows renewable gases to be fed into gas grids; gas quality tracking solutions; GasPro, a mobile gas sample collector; metering solutions; and GasCalc, a software that calculates natural gases, LNG, and biogases properties. The company was founded in 1923 and is headquartered in Essen, Germany.

About IREN

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.