Contrasting AusNet Services (OTCMKTS:SAUNF) & IREN (NASDAQ:IREN)

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

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

Insider and Institutional Ownership

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

Earnings & Valuation

This table compares IREN and AusNet Services”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IREN	$501.02 million	28.14	$86.94 million	$1.94	26.72
AusNet Services	N/A	N/A	N/A	N/A	N/A

IREN has higher revenue and earnings than AusNet Services.

Analyst Ratings

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

	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 price target of $67.58, suggesting a potential upside of 30.38%. Given IREN’s stronger consensus rating and higher probable upside, equities analysts plainly believe IREN is more favorable than AusNet Services.

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.