IRN is trading very inexpensively (0.33 PEG) due to strong forecast growth, but this valuation reflects risks about terminal growth decline or ongoing capex debt needs.

Let me see what happened with Iron on expectation versus reality. So, I ran forecasts for the year ending June 2027, you're still sitting at 69 cents of earnings. However, then you get to a buck 46 and the growth from there looks starts looking pretty good.

So as they start getting a return on assets. So 3563 divided by $146. It's only trading for 24 times. And the forecast growth is is actually really good. So let's write this down because it actually looks like it's trading very inexpensively.

That said, that can come with its own risks of well, you know, what's the terminal growth rate for the company because it may not grow forever like that.

So let's write that down. Iron, if I jot down IN, I've got this trading for 1.46. Oh, but that's the 2028 estimate. Okay, that's why. So that's June 2028 EPS estimate, which means the current estimate is actually negative, unfortunately.

So that puts us down at uh dollar sign negative dollar sign 0 69 June 2027 EPS estimate and I've got forward growth that means it's trading for 24.4 4 PE and then Wall Street growth projects 8456 5107 81.6 divided by trace 72.39% average three-year growth thereafter.

So, is it selling cheaply because people think uh a that'll keep requiring capex debt and issuance or is the expectation that the terminal growth value will fall? growth rate will fall because right now that would be trading for 20 24 divided by 72 is trading for about a.33 peg.

That's cheap. Uh peg peg uh four peg 2028. That's wild.