Logo image of CIFR

CIPHER MINING INC (CIFR) Stock Fundamental Analysis

NASDAQ:CIFR - Nasdaq - US17253J1060 - Common Stock - Currency: USD

4.7  +0.2 (+4.44%)

After market: 5.53 +0.83 (+17.66%)

Fundamental Rating

3

CIFR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 286 industry peers in the Software industry. While CIFR seems to be doing ok healthwise, there are quite some concerns on its profitability. CIFR is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

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.
CIFR Yearly Net Income VS EBIT VS OCF VS FCFCIFR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 0 -50M -100M -150M -200M

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 RankSector 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
CIFR Yearly ROA, ROE, ROICCIFR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 0 -5 -10 -15

1.3 Margins

Looking at the Gross Margin, with a value of 62.32%, CIFR is in line with its industry, outperforming 41.22% of the companies in the same industry.
The Profit Margin and Operating Margin are not available for CIFR so they could not be analyzed.
Industry RankSector 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
CIFR Yearly Profit, Operating, Gross MarginsCIFR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 0 -500 -1K -1.5K -2K

More info and screens

5

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
CIFR has a better debt/assets ratio than last year.
CIFR Yearly Shares OutstandingCIFR Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 50M 100M 150M 200M 250M
CIFR Yearly Total Debt VS Total AssetsCIFR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 100M 200M 300M 400M 500M

2.2 Solvency

CIFR has an Altman-Z score of 8.75. This indicates that CIFR is financially healthy and has little risk of bankruptcy at the moment.
CIFR has a better Altman-Z score (8.75) than 76.70% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that CIFR is not too dependend on debt financing.
CIFR's Debt to Equity ratio of 0.01 is fine compared to the rest of the industry. CIFR outperforms 61.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF N/A
Altman-Z 8.75
ROIC/WACCN/A
WACC11%
CIFR Yearly LT Debt VS Equity VS FCFCIFR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 0 200M -200M 400M

2.3 Liquidity

A Current Ratio of 2.57 indicates that CIFR has no problem at all paying its short term obligations.
The Current ratio of CIFR (2.57) is better than 70.61% 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.
With a decent Quick ratio value of 2.57, CIFR is doing good in the industry, outperforming 70.97% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.57
Quick Ratio 2.57
CIFR Yearly Current Assets VS Current LiabilitesCIFR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 50M 100M 150M 200M

More info and screens

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 63.89% over the past year.
CIFR shows a strong growth in Revenue. In the last year, 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

Based on estimates for the next years, CIFR will show a very strong growth in Earnings Per Share. The EPS will grow by 50.18% on average per year.
The Revenue is expected to grow by 65.13% on average over the next years. This is a very strong growth
EPS Next Y-150.62%
EPS Next 2Y46.48%
EPS Next 3Y50.18%
EPS Next 5YN/A
Revenue Next Year19.16%
Revenue Next 2Y63.67%
Revenue Next 3Y65.13%
Revenue Next 5YN/A

3.3 Evolution

CIFR Yearly Revenue VS EstimatesCIFR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M 500M
CIFR Yearly EPS VS EstimatesCIFR Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 0 0.1 -0.1 -0.2

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

CIFR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 322.45, which means the current valuation is very expensive for CIFR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CIFR indicates a slightly more expensive valuation: CIFR is more expensive than 63.08% of the companies listed in the same industry.
CIFR is valuated expensively when we compare the Price/Forward Earnings ratio to 93.88, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 322.45
CIFR Price Earnings VS Forward Price EarningsCIFR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 200 300

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CIFR is on the same level as its industry peers.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 132.77
CIFR Per share dataCIFR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1

4.3 Compensation for Growth

A more expensive valuation may be justified as CIFR's earnings are expected to grow with 50.18% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.48%
EPS Next 3Y50.18%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for CIFR!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

CIPHER MINING INC

NASDAQ:CIFR (1/30/2025, 8:13:53 PM)

After market: 5.53 +0.83 (+17.66%)

4.7

+0.2 (+4.44%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)10-31 2024-10-31/bmo
Earnings (Next)N/A N/A
Inst Owners29.12%
Inst Owner Change0.29%
Ins Owners2.65%
Ins Owner Change14.45%
Market Cap1.63B
Analysts82.35
Price Target8.56 (82.13%)
Short Float %9.5%
Short Ratio2.12
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/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)8.4%
PT rev (3m)4.6%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-40.08%
EPS NY rev (1m)0%
EPS NY rev (3m)-821.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.36%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-6.08%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 322.45
P/S 10.72
P/FCF N/A
P/OCF N/A
P/B 2.43
P/tB 2.53
EV/EBITDA 132.77
EPS(TTM)-0.13
EYN/A
EPS(NY)0.01
Fwd EY0.31%
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 RankSector 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 RankSector 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 8.75
F-Score4
WACC11%
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-150.62%
EPS Next 2Y46.48%
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 Year19.16%
Revenue Next 2Y63.67%
Revenue Next 3Y65.13%
Revenue Next 5YN/A
EBIT growth 1Y-2.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year206.35%
EBIT Next 3Y93.12%
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