CIPHER MINING INC (CIFR)
US17253J1060 - Common Stock
Taking everything into account, CIFR scores 3 out of 10 in our fundamental rating. CIFR was compared to 279 industry peers in the Software industry. The financial health of CIFR is average, but there are quite some concerns on its profitability. While showing a medium growth rate, CIFR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CIFR has reported negative net income.
In the past year CIFR has reported a negative cash flow from operations.
1.2 Ratios
CIFR has a Return On Assets (-6.57%) which is in line with its industry peers.
CIFR has a Return On Equity (-7.58%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.57% | ||
| ROE | -7.58% | ||
| 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's Gross Margin of 62.32% is in line compared to the rest of the industry. CIFR outperforms 41.73% of its industry peers.
The Profit Margin and Operating Margin are not available for CIFR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 62.32% |
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.
Compared to 1 year ago, CIFR has more shares outstanding
The debt/assets ratio for CIFR has been reduced compared to a year ago.
2.2 Solvency
CIFR has an Altman-Z score of 11.25. This indicates that CIFR is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 11.25, CIFR belongs to the top of the industry, outperforming 83.09% of the companies in the same industry.
CIFR has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
CIFR has a better Debt to Equity ratio (0.01) than 61.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 11.25 |
ROIC/WACCN/A
WACC11.77%
2.3 Liquidity
A Current Ratio of 2.57 indicates that CIFR has no problem at all paying its short term obligations.
CIFR has a better Current ratio (2.57) than 71.22% of its industry peers.
CIFR has a Quick Ratio of 2.57. This indicates that CIFR is financially healthy and has no problem in meeting its short term obligations.
CIFR has a Quick ratio of 2.57. This is in the better half of the industry: CIFR outperforms 71.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.57 |
3. Growth
3.1 Past
CIFR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.89%, which is quite impressive.
Looking at the last year, CIFR shows a very strong growth in Revenue. The Revenue has grown by 76.34%.
EPS 1Y (TTM)63.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-271.43%
Revenue 1Y (TTM)76.34%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-20.47%
3.2 Future
The Earnings Per Share is expected to grow by 50.18% on average over the next years. This is a very strong growth
Based on estimates for the next years, CIFR will show a very strong growth in Revenue. The Revenue will grow by 63.65% on average per year.
EPS Next Y-155%
EPS Next 2Y43.21%
EPS Next 3Y50.18%
EPS Next 5YN/A
Revenue Next Year18.69%
Revenue Next 2Y59.64%
Revenue Next 3Y63.65%
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CIFR. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 1123.53, the valuation of CIFR can be described as expensive.
Based on the Price/Forward Earnings ratio, CIFR is valued a bit more expensive than the industry average as 64.39% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 22.83. CIFR is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1123.53 |
4.2 Price Multiples
CIFR's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 174.85 |
4.3 Compensation for Growth
CIFR's earnings are expected to grow with 50.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.21%
EPS Next 3Y50.18%
5. Dividend
5.1 Amount
No dividends for CIFR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CIPHER MINING INC
NASDAQ:CIFR (12/20/2024, 8:02:25 PM)
After market: 5.9 +0.17 (+2.97%)5.73
-0.01 (-0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners28.5%
Inst Owner Change8.91%
Ins Owners2.46%
Ins Owner Change14.45%
Market Cap1.99B
Analysts82.35
Price Target7.89 (37.7%)
Short Float %9.43%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-111.53%
Min EPS beat(2)-219.07%
Max EPS beat(2)-3.99%
EPS beat(4)2
Avg EPS beat(4)345.44%
Min EPS beat(4)-219.07%
Max EPS beat(4)1387.18%
EPS beat(8)2
Avg EPS beat(8)119.79%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-12.41%
Min Revenue beat(2)-19.13%
Max Revenue beat(2)-5.7%
Revenue beat(4)1
Avg Revenue beat(4)-7.49%
Min Revenue beat(4)-19.13%
Max Revenue beat(4)1.87%
Revenue beat(8)1
Avg Revenue beat(8)-11.55%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.22%
PT rev (3m)-0.37%
EPS NQ rev (1m)2.21%
EPS NQ rev (3m)-40.08%
EPS NY rev (1m)0%
EPS NY rev (3m)-837.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.36%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-6.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 1123.53 | ||
| P/S | 13.07 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.97 | ||
| P/tB | 3.08 | ||
| EV/EBITDA | 174.85 |
EPS(TTM)-0.13
EYN/A
EPS(NY)0.01
Fwd EY0.09%
FCF(TTM)-1.29
FCFYN/A
OCF(TTM)-0.53
OCFYN/A
SpS0.44
BVpS1.93
TBVpS1.86
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.57% | ||
| ROE | -7.58% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 62.32% | ||
| FCFM | 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
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.81 | ||
| Cap/Depr | 317.38% | ||
| Cap/Sales | 172.66% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.57 | ||
| Altman-Z | 11.25 |
F-Score4
WACC11.77%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)63.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-271.43%
EPS Next Y-155%
EPS Next 2Y43.21%
EPS Next 3Y50.18%
EPS Next 5YN/A
Revenue 1Y (TTM)76.34%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-20.47%
Revenue Next Year18.69%
Revenue Next 2Y59.64%
Revenue Next 3Y63.65%
Revenue Next 5YN/A
EBIT growth 1Y-2.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year233.8%
EBIT Next 3Y90.06%
EBIT Next 5YN/A
FCF growth 1Y-64.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-1275.74%
OCF growth 3YN/A
OCF growth 5YN/A