Comparing AusNet Services (OTCMKTS:SAUNF) and IREN (NASDAQ:IREN)

IREN (NASDAQ:IREN) and AusNet Services (OTCMKTS:SAUNF) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, earnings, valuation, risk and analyst recommendations.

Profitability

This table compares IREN and AusNet Services’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IREN	86.96%	-3.60%	-2.42%
AusNet Services	N/A	N/A	N/A

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IREN	$501.02 million	31.15	$86.94 million	$1.94	29.58
AusNet Services	N/A	N/A	N/A	N/A	N/A

IREN has higher revenue and earnings than AusNet Services.

Analyst Recommendations

This is a breakdown of current ratings and target prices for IREN and AusNet Services, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IREN	3	3	11	0	2.47
AusNet Services	0	0	0	0	0.00

IREN currently has a consensus target price of $67.58, indicating a potential upside of 17.78%. Given IREN’s stronger consensus rating and higher possible upside, equities research analysts plainly believe IREN is more favorable than AusNet Services.

Institutional & Insider Ownership

41.1% of IREN shares are held by institutional investors. 5.0% of IREN shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

IREN beats AusNet Services on 7 of the 9 factors compared between the two stocks.

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.

About AusNet Services

AusNet Services Ltd. engages in the production and distribution of electricity and gas. It operates through the following segments: Electricity Distribution, Gas Distribution, Electricity Transmission, and Growth and Future Networks. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users. The Gas Distribution segment handles the natural gas to commercial and residential end users. The Electricity Transmission segment owns and manages the vast majority of the electricity transmission network in Victoria. The Growth and Future Networks segment provides contracted infrastructure asset and energy services, as well as a range of asset and utility services to support the management of electricity, gas, and water networks. The company was founded in June 2005 and is headquartered in Southbank, Australia.