IREN vs NVMI

Comparison between Iris Energy Ltd (IREN, Company) and Nova Ltd (NVMI, Company).

IREN is from the Financial Services sector, while NVMI is from the Technology sector.

5-Year PerformanceNVMI has outperformed IREN, delivering a return of +37.4% compared to +10.3%

IREN vs NVMI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IREN(COMPANY)	NVMI(COMPANY)
Market Cap	$14B	$14B
Max Drawdown	95.73%	98.22%
Sharpe Ratio	1.31	1.11
5Y Beta	2.68	2.14
Industry	Capital Markets	Semiconductor Equipment & Materials
P/E Ratio	518.46	55.41
Forward P/E	136.99	44.44
PEG Ratio	4.05	1.85
5Y EPS CAGR	N/A	36.84%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-10.18%	1.52%
P/S Ratio	18.79	15.93
P/B Ratio	5.21	10.69

Market Cap

IREN

$14B

Winner

NVMI

$14B

Max Drawdown

Winner

IREN

95.73%

NVMI

98.22%

Sharpe Ratio

Winner

IREN

1.31

NVMI

1.11

5Y Beta

IREN

2.68

Winner

NVMI

2.14

Industry

IREN

Capital Markets

NVMI

Semiconductor Equipment & Materials

P/E Ratio

IREN

518.46

Winner

NVMI

55.41

Forward P/E

IREN

136.99

Winner

NVMI

44.44

PEG Ratio

IREN

4.05

Winner

NVMI

1.85

5Y EPS CAGR

IREN

N/A

NVMI

36.84%

Debt to Equity

IREN

0.00%

NVMI

0.00%

Free Cash Flow Yield

IREN

-10.18%

Winner

NVMI

1.52%

P/S Ratio

IREN

18.79

Winner

NVMI

15.93

P/B Ratio

Winner

IREN

5.21

NVMI

10.69

IREN vs NVMI - Historical Returns

Returns include dividend reinvestment.

Period	IREN	NVMI
1 month	-36.58%	-21.81%
3 months	-18.53%	-8.06%
6 months	-27.02%	+14.65%
1 year	+123.32%	+67.96%
5 years(CAGR)	+10.30%	+37.41%
10 years(CAGR)	N/A	+44.84%
Max(CAGR)	+10.30%	+12.41%

IREN

-36.58%

Winner

NVMI

-21.81%

IREN

-18.53%

Winner

NVMI

-8.06%

IREN

-27.02%

Winner

NVMI

+14.65%

Winner

IREN

+123.32%

NVMI

+67.96%

5Y(CAGR)

IREN

+10.30%

Winner

NVMI

+37.41%

10Y(CAGR)

IREN

N/A

NVMI

+44.84%

Max(CAGR)

IREN

+10.30%

Winner

NVMI

+12.41%

IREN vs NVMI - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	IREN	NVMI
2026	-9.63%	+36.33%
2025	+261.09%	+61.90%
2024	+44.41%	+45.19%
2023	+500.84%	+65.69%
2022	-91.79%	-44.48%
2021	-33.87%	+107.15%
2020	N/A	+86.03%
2019	N/A	+62.29%
2018	N/A	-14.39%
2017	N/A	+96.88%
2016	N/A	+32.53%
2015	N/A	-5.22%
2014	N/A	+3.80%
2013	N/A	+19.27%
2012	N/A	+8.13%
2011	N/A	-12.57%
2010	N/A	+29.84%
2009	N/A	+1013.79%
2008	N/A	-76.71%
2007	N/A	-0.38%
2006	N/A	+11.44%
2005	N/A	-34.28%
2004	N/A	-41.19%
2003	N/A	+300.00%
2002	N/A	-63.86%
2001	N/A	-38.18%
2000	N/A	-68.38%

IREN vs NVMI Drawdown Comparison

The maximum drawdown for IREN was -95.73%, occurring on Dec 28, 2022. Recovery took 946 trading sessions.

The maximum drawdown for NVMI was -98.22%, occurring on Feb 20, 2009. Recovery took 4295 trading sessions.

The current IREN drawdown is -49.50%. The current NVMI drawdown is -21.81%.

Rank	IREN	NVMI
#1	-95.73% Nov 19, 2021 - Aug 29, 2025	-98.22% Apr 11, 2000 - May 9, 2017
#2	-58.62% Nov 5, 2025 - Mar 30, 2026	-52.76% Jan 3, 2022 - Jan 24, 2024
#3	-25.49% Oct 14, 2025 - Nov 5, 2025	-40.79% Feb 20, 2025 - Jun 30, 2025
#4	-11.20% Sep 24, 2025 - Oct 3, 2025	-35.44% Feb 12, 2020 - May 8, 2020
#5	-10.24% Sep 2, 2025 - Sep 9, 2025	-33.84% Jun 5, 2018 - Sep 26, 2019
#6	-6.39% Oct 9, 2025 - Oct 13, 2025	-29.49% Jul 9, 2024 - Jan 17, 2025
#7	-4.29% Nov 17, 2021 - Nov 19, 2021	-26.29% Jun 15, 2026 - Jul 7, 2026
#8	-4.17% Sep 17, 2025 - Sep 19, 2025	-22.34% Nov 24, 2017 - Jun 5, 2018
#9	-2.58% Oct 7, 2025 - Oct 9, 2025	-21.56% Oct 29, 2025 - Jan 5, 2026
#10	-2.32% Sep 10, 2025 - Sep 12, 2025	-20.91% Jun 6, 2017 - Sep 29, 2017
#11	-1.86% Sep 15, 2025 - Sep 17, 2025	-17.56% Oct 31, 2017 - Nov 24, 2017
#12	-0.31% Sep 22, 2025 - Sep 24, 2025	-17.34% Jan 29, 2026 - Apr 13, 2026
#13	N/A	-17.29% Aug 17, 2020 - Oct 12, 2020
#14	N/A	-17.19% Jul 7, 2025 - Sep 11, 2025
#15	N/A	-15.04% May 14, 2026 - Jun 11, 2026