CIPHER MINING INC (CIFR)
US17253J1060 - Common Stock
We assign a fundamental rating of 4 out of 10 to CIFR. CIFR was compared to 281 industry peers in the Software industry. While CIFR seems to be doing ok healthwise, there are quite some concerns on its profitability. CIFR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CIFR had negative earnings in the past year.
In the past year CIFR has reported a negative cash flow from operations.
1.2 Ratios
CIFR has a better Return On Assets (2.34%) than 67.62% of its industry peers.
Looking at the Return On Equity, with a value of 2.63%, CIFR is in the better half of the industry, outperforming 67.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.34% | ||
| ROE | 2.63% | ||
| ROIC | N/A |
ROA(3y)-4.63%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CIFR has a better Profit Margin (11.43%) than 79.00% of its industry peers.
CIFR has a Gross Margin (65.09%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 11.43% | ||
| GM | 65.09% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CIFR does not have a ROIC to compare to the WACC, probably because it is not profitable.
CIFR has more shares outstanding than it did 1 year ago.
CIFR has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 13.12 indicates that CIFR is not in any danger for bankruptcy at the moment.
CIFR's Altman-Z score of 13.12 is amongst the best of the industry. CIFR outperforms 88.61% of its industry peers.
CIFR has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.01, CIFR is doing good in the industry, outperforming 62.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 13.12 |
ROIC/WACCN/A
WACC10.2%
2.3 Liquidity
CIFR has a Current Ratio of 8.49. This indicates that CIFR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.49, CIFR belongs to the top of the industry, outperforming 93.24% of the companies in the same industry.
A Quick Ratio of 8.49 indicates that CIFR has no problem at all paying its short term obligations.
CIFR has a better Quick ratio (8.49) than 93.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.49 | ||
| Quick Ratio | 8.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 63.89% over the past year.
The Revenue has grown by 4072.43% in the past year. This is a very strong growth!
EPS 1Y (TTM)63.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-271.43%
Revenue 1Y (TTM)4072.43%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-20.47%
3.2 Future
The Earnings Per Share is expected to grow by 60.29% on average over the next years. This is a very strong growth
CIFR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 65.46% yearly.
EPS Next Y67.94%
EPS Next 2Y77.1%
EPS Next 3Y60.29%
EPS Next 5YN/A
Revenue Next Year25.56%
Revenue Next 2Y67.82%
Revenue Next 3Y65.46%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
CIFR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 44.34 indicates a quite expensive valuation of CIFR.
The rest of the industry has a similar Price/Forward Earnings ratio as CIFR.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.28, CIFR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 44.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIFR indicates a somewhat cheap valuation: CIFR is cheaper than 61.21% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 73.73 |
4.3 Compensation for Growth
CIFR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CIFR's earnings are expected to grow with 60.29% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y77.1%
EPS Next 3Y60.29%
5. Dividend
5.1 Amount
No dividends for CIFR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CIPHER MINING INC
NASDAQ:CIFR (11/4/2024, 8:00:15 PM)
After market: 5.08 +0.04 (+0.79%)5.04
-0.21 (-4%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.75B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 44.34 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.34% | ||
| ROE | 2.63% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 11.43% | ||
| GM | 65.09% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 8.49 | ||
| Quick Ratio | 8.49 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)63.89%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y67.94%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4072.43%
Revenue growth 3YN/A
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y