IREN

IREN Limited

There isn't enough reported data to score IREN yet.

SNFCA

Security National Financial Corporation

58
Fundamentals66/ 100
Valuation54/ 100
Upside potential61/ 100
Risk potential16/ 100

SNFCA's fundamentals are strong: its operating margin rose 7 points to 14% and earnings per share grew 90%, though revenue fell 4.2%. At 6.8x earnings, it's trading in line with its usual 7.6x.

IREN Fundamentals

MetricStatus
Under pressure
Weak
N/A
N/A

IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.

SNFCA Fundamentals

MetricStatus
Under pressure
Strong
N/A
N/A

SNFCA's profitability is currently strong, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like SNFCA.

IREN PE Valuation

IREN has no meaningful PE right now: it lost money over the past year.

SNFCA PE Valuation

CHEAPFAIREXPENSIVE4.9x9.8x15x20x
CHEAPFAIREXPENSIVE4.9x9.8x15x20x
LevelPEPriceVs current
Cheap4.8x$6.30-30%
Current6.8x$8.97—
Fair7.5x$9.86+9.9%
Expensive11x$15.03+68%

Historical ranges are pointers, not guarantees.

SNFCA's PE is in its fair range at 6.8x.

IREN Forward outlook

MetricOutlook
--
Losses growing
Strong growth
Strongly improving
Limited
Low

Analysts expect IREN's losses to grow, with revenue growing. However, they disagree widely on these estimates.

SNFCA Forward outlook

There aren't enough analyst estimates for SNFCA to show an outlook.

IREN Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $19.48 on Nov 12.

There is not enough scenario data to compare IREN and SNFCA's risk to reward.

SNFCA Risk to reward

ScenarioChangePrice
Upside+25%$11.18
Downside-16%$7.54

Calculated from the latest close: $8.97 on Nov 12.

There is not enough scenario data to compare IREN and SNFCA's risk to reward.

IREN Earnings Per Share

Q4 2023: $-0.29Q1 2024: $-0.16Q2 2024: $-0.20Q3 2024: $-0.39Q4 2024: $-0.44Q1 2025: $-0.59Q2 2025: $0.25Q3 2025: $1.60Q4 2025: $1.18Q1 2026: $0.51Q2 2026: $-2.22Q3 2026: $-3.96
Q4 2023: $-0.29Q1 2024: $-0.16Q2 2024: $-0.20Q3 2024: $-0.39Q4 2024: $-0.44Q1 2025: $-0.59Q2 2025: $0.25Q3 2025: $1.60Q4 2025: $1.18Q1 2026: $0.51Q2 2026: $-2.22Q3 2026: $-3.96
QuarterTTM EPSYoY
Q3 2026-$3.96-347%
Q2 2026-$2.22-988%
Q1 2026$0.51+$1.10
Q4 2025$1.18+$1.62
Q3 2025$1.60+$1.99
Q2 2025$0.25+$0.45
Q1 2025-$0.59-$0.43
Q4 2024-$0.44-$0.15

IREN has swung to a loss: it lost $3.96 per share over the past year, after a profit the year before.

SNFCA Earnings Per Share

Q4 2023: $0.55Q1 2024: $0.79Q2 2024: $0.82Q3 2024: $1.11Q4 2024: $0.99Q1 2025: $0.87Q2 2025: $0.84Q3 2025: $0.69Q4 2025: $1.19Q1 2026: $1.29Q2 2026: $1.38Q3 2026: $1.31
Q4 2023: $0.55Q1 2024: $0.79Q2 2024: $0.82Q3 2024: $1.11Q4 2024: $0.99Q1 2025: $0.87Q2 2025: $0.84Q3 2025: $0.69Q4 2025: $1.19Q1 2026: $1.29Q2 2026: $1.38Q3 2026: $1.31
QuarterTTM EPSYoY
Q3 2026$1.31+90%
Q2 2026$1.38+64%
Q1 2026$1.29+48%
Q4 2025$1.19+20%
Q3 2025$0.69-38%
Q2 2025$0.84+2.4%
Q1 2025$0.87+10%
Q4 2024$0.99+80%

SNFCA has the edge over IREN on earnings quality, reporting a profit while its opponent remains loss making.

IREN Quarterly Revenue

Q4 2023: $42MQ1 2024: $54MQ2 2024: $57MQ3 2024: $53MQ4 2024: $116MQ1 2025: $145MQ2 2025: $187MQ3 2025: $240MQ4 2025: $185MQ1 2026: $145MQ2 2026: $137MQ3 2026: $228M
Q4 2023: $42MQ1 2024: $54MQ2 2024: $57MQ3 2024: $53MQ4 2024: $116MQ1 2025: $145MQ2 2025: $187MQ3 2025: $240MQ4 2025: $185MQ1 2026: $145MQ2 2026: $137MQ3 2026: $228M
QuarterRevenueYoY
Q3 2026$228M-5.1%
Q2 2026$137.2M-27%
Q1 2026$144.8M0%
Q4 2025$184.7M+59%
Q3 2025$240.3M+355%
Q2 2025$187.3M+230%
Q1 2025$144.8M+168%
Q4 2024$116.1M+176%

IREN has the edge over SNFCA on sales, with stronger typical year-over-year growth.

SNFCA Quarterly Revenue

Q4 2023: $75MQ1 2024: $81MQ2 2024: $86MQ3 2024: $88MQ4 2024: $79MQ1 2025: $83MQ2 2025: $90MQ3 2025: $89MQ4 2025: $83MQ1 2026: $80MQ2 2026: $84MQ3 2026: $80M
Q4 2023: $75MQ1 2024: $81MQ2 2024: $86MQ3 2024: $88MQ4 2024: $79MQ1 2025: $83MQ2 2025: $90MQ3 2025: $89MQ4 2025: $83MQ1 2026: $80MQ2 2026: $84MQ3 2026: $80M
QuarterRevenueYoY
Q3 2026$79.9M-11%
Q2 2026$83.9M-6.3%
Q1 2026$79.7M-3.6%
Q4 2025$83M+4.7%
Q3 2025$89.3M+1.2%
Q2 2025$89.5M+4.4%
Q1 2025$82.7M+1.9%
Q4 2024$79.3M+5.8%

SNFCA's revenue has slid since its 2020 peak: $80M last quarter, down 11% from the same quarter a year ago.

IREN Free Cash Flow

Q4 2023: −$29MQ1 2024: −$222MQ2 2024: −$163MQ3 2024: −$387MQ4 2024: −$134MQ1 2025: −$351MQ2 2025: $16MQ3 2025: −$38MQ4 2025: −$468MQ1 2026: −$874MQ2 2026: $482MQ3 2026: −$1.6B
Q4 2023: −$29MQ1 2024: −$222MQ2 2024: −$163MQ3 2024: −$387MQ4 2024: −$134MQ1 2025: −$351MQ2 2025: $16MQ3 2025: −$38MQ4 2025: −$468MQ1 2026: −$874MQ2 2026: $482MQ3 2026: −$1.6B
QuarterFree cash flowYoY
Q3 2026-$1.6B-$1.6B
Q2 2026$482.2M+2895%
Q1 2026-$873.8M-$523.1M
Q4 2025-$468M-$334M
Q3 2025-$38M+$349.4M
Q2 2025$16.1M+$179M
Q1 2025-$350.7M-$128.7M
Q4 2024-$134M-$105.2M

IREN's free cash flow was −$2.5B over the past year, against −$507M the year before. Free cash flow isn't a meaningful measure for financial services companies like IREN.

SNFCA Free Cash Flow

Q4 2023: $35MQ1 2024: $25MQ2 2024: −$17MQ3 2024: $27MQ4 2024: $21MQ1 2025: $9MQ2 2025: −$8MQ3 2025: $25MQ4 2025: $18MQ1 2026: $33MQ2 2026: $4MQ3 2026: $56M
Q4 2023: $35MQ1 2024: $25MQ2 2024: −$17MQ3 2024: $27MQ4 2024: $21MQ1 2025: $9MQ2 2025: −$8MQ3 2025: $25MQ4 2025: $18MQ1 2026: $33MQ2 2026: $4MQ3 2026: $56M
QuarterFree cash flowYoY
Q3 2026$56.2M+125%
Q2 2026$3.7M+$11.8M
Q1 2026$32.8M+258%
Q4 2025$17.9M-13%
Q3 2025$24.9M-6.4%
Q2 2025-$8.1M+$9M
Q1 2025$9.1M-63%
Q4 2024$20.5M-42%

SNFCA has the edge over IREN on cash generation, producing positive trailing cash flow while its opponent burns cash.

IREN Total Shares

Q4 2023: 73MQ1 2024: 112MQ2 2024: 186MQ3 2024: 189MQ4 2024: 210MQ1 2025: 219MQ2 2025: 257MQ3 2025: 362MQ4 2025: 298MQ1 2026: 334MQ2 2026: 316MQ3 2026: 399M
Q4 2023: 73MQ1 2024: 112MQ2 2024: 186MQ3 2024: 189MQ4 2024: 210MQ1 2025: 219MQ2 2025: 257MQ3 2025: 362MQ4 2025: 298MQ1 2026: 334MQ2 2026: 316MQ3 2026: 399M
PeriodChange %Net change
Quarterly+26%+82.4M shares
1 year+10%+36.9M shares
3 years+511%+333M shares
5 years+624%+344M shares
Available history+2346%+382M shares

IREN has 399M diluted shares, up 10% from a year ago.

SNFCA Total Shares

Q4 2023: 26MQ1 2024: 27MQ2 2024: 26MQ3 2024: 27MQ4 2024: 26MQ1 2025: 27MQ2 2025: 27MQ3 2025: 27MQ4 2025: 27MQ1 2026: 27MQ2 2026: 27MQ3 2026: 27M
Q4 2023: 26MQ1 2024: 27MQ2 2024: 26MQ3 2024: 27MQ4 2024: 26MQ1 2025: 27MQ2 2025: 27MQ3 2025: 27MQ4 2025: 27MQ1 2026: 27MQ2 2026: 27MQ3 2026: 27M
PeriodChange %Net change
Quarterly+0.1%+20.7K shares
1 year+0.9%+242K shares
3 years+1.8%+483K shares
5 years+0.5%+136K shares
Available history+7.5%+1.9M shares

SNFCA has the edge over IREN on shareholder dilution, with a more favorable share count trend.

IREN Net Leverage

Q4 2023: -11.0xQ1 2024: -10.6xQ2 2024: -15.9xQ3 2024: -16.7xQ4 2024: -4.6xQ1 2025: 3.3xQ2 2025: 2.0xQ3 2025: 4.1xQ4 2025: 22.2xQ1 2026: 157.6x
Q4 2023: -11.0xQ1 2024: -10.6xQ2 2024: -15.9xQ3 2024: -16.7xQ4 2024: -4.6xQ1 2025: 3.3xQ2 2025: 2.0xQ3 2025: 4.1xQ4 2025: 22.2xQ1 2026: 157.6x
QuarterNet LeverageStatus
Q1 2026157.6xHigh
Q4 202522.2xHigh
Q3 20254.1xHigh
Q2 20252.0xModerate
Q1 20253.3xElevated
Q4 2024-4.6xNet Cash
Q3 2024-16.7xNet Cash
Q2 2024-15.9xNet Cash

IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.

SNFCA Net Leverage

IREN Weekly Momentum

MetricValueStatus
RSI33.3Neutral
Stochastic8.2Oversold

IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).

SNFCA Weekly Momentum

MetricValueStatus
RSI46.4Neutral
Stochastic53.5Neutral

SNFCA's weekly RSI is 46 (neutral) and its Stochastic is 54 (neutral).

IREN PE vs Financial Services Sector

MetricIRENSector medianRelative
PEN/A13x—

IREN has no meaningful PE right now: it lost money over the past year.

SNFCA PE vs Financial Services Sector

MetricSNFCASector medianRelative
PE6.8x13x48% below
PE %416322 pts below

SNFCA is trading at 6.8x earnings, a 48% discount to the Financial Services sector's median of 13x.

IREN Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$29.835% below
20 week MA$36.246% below
50 week MA$42.854% below
100 week MA$32.039% below
200 week MA$19.12.1% above

IREN has fallen below most of its moving averages, though it's still 2.1% above its 200-week average.

SNFCA Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$9.121.6% below
20 week MA$9.212.6% below
50 week MA$9.081.2% below
100 week MA$9.323.8% below
200 week MA$8.387% above

SNFCA has fallen below most of its moving averages, though it's still 7% above its 200-week average.

IREN Yearly ROI

YearStart priceEnd priceROI
2021$24.8$17.2-31%
2022$17.2$1.19-93%
2023$1.19$7.15+501%
2024$7.15$10.7+50%
2025$10.7$40.3+276%
2026 YTD$40.3$19.5-52%

IREN's yearly returns have swung widely, from +501% in 2023 to −93% in 2022. It's down 52% so far in 2026.

SNFCA Yearly ROI

YearStart priceEnd priceROI
2020$4.31$6.47+50%
2021$6.47$7.48+16%
2022$7.48$5.77-23%
2023$5.77$8.16+41%
2024$8.16$11.5+41%
2025$11.5$8.67-25%
2026 YTD$8.67$8.97+3.5%

SNFCA has the edge over IREN on returns for 2026, with the stronger performance.

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