CIPHER MINING INC (1CIFR.MI) Stock Fundamental Analysis

BIT:1CIFR • US17253J1060

13.15 EUR
-0.75 (-5.4%)
Last: Feb 2, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to 1CIFR. 1CIFR was compared to 117 industry peers in the Software industry. The financial health of 1CIFR is average, but there are quite some concerns on its profitability. 1CIFR does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • In the past year 1CIFR has reported negative net income.
  • 1CIFR had a negative operating cash flow in the past year.
1CIFR.MI Yearly Net Income VS EBIT VS OCF VS FCF1CIFR.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2021 2022 2023 2024 -100M -200M -300M

1.2 Ratios

  • 1CIFR has a Return On Assets of -2.48%. This is in the lower half of the industry: 1CIFR underperforms 62.30% of its industry peers.
  • 1CIFR has a Return On Equity of -9.01%. This is in the lower half of the industry: 1CIFR underperforms 64.75% of its industry peers.
Industry RankSector Rank
ROA -2.48%
ROE -9.01%
ROIC N/A
ROA(3y)-6.37%
ROA(5y)N/A
ROE(3y)-7.73%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1CIFR.MI Yearly ROA, ROE, ROIC1CIFR.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2021 2022 2023 2024 -5 -10

1.3 Margins

  • Looking at the Gross Margin, with a value of 63.60%, 1CIFR is doing worse than 61.48% of the companies in the same industry.
  • 1CIFR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 63.6%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
1CIFR.MI Yearly Profit, Operating, Gross Margins1CIFR.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2021 2022 2023 2024 0 -500 -1K -1.5K -2K

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • 1CIFR does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for 1CIFR has been increased compared to 1 year ago.
  • Compared to 1 year ago, 1CIFR has a worse debt to assets ratio.
1CIFR.MI Yearly Shares Outstanding1CIFR.MI Yearly Shares OutstandingYearly Shares Outstanding 2021 2022 2023 2024 100M 200M 300M
1CIFR.MI Yearly Total Debt VS Total Assets1CIFR.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • An Altman-Z score of 1.93 indicates that 1CIFR is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • 1CIFR's Altman-Z score of 1.93 is in line compared to the rest of the industry. 1CIFR outperforms 43.44% of its industry peers.
  • 1CIFR has a Debt/Equity ratio of 1.31. This is a high value indicating a heavy dependency on external financing.
  • 1CIFR has a Debt to Equity ratio of 1.31. This is amonst the worse of the industry: 1CIFR underperforms 81.97% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF N/A
Altman-Z 1.93
ROIC/WACCN/A
WACC10.94%
1CIFR.MI Yearly LT Debt VS Equity VS FCF1CIFR.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

  • 1CIFR has a Current Ratio of 2.49. This indicates that 1CIFR is financially healthy and has no problem in meeting its short term obligations.
  • 1CIFR's Current ratio of 2.49 is amongst the best of the industry. 1CIFR outperforms 81.97% of its industry peers.
  • 1CIFR has a Quick Ratio of 2.49. This indicates that 1CIFR is financially healthy and has no problem in meeting its short term obligations.
  • 1CIFR has a Quick ratio of 2.49. This is amongst the best in the industry. 1CIFR outperforms 81.97% of its industry peers.
Industry RankSector Rank
Current Ratio 2.49
Quick Ratio 2.49
1CIFR.MI Yearly Current Assets VS Current Liabilites1CIFR.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2021 2022 2023 2024 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for 1CIFR have decreased strongly by -100.00% in the last year.
  • 1CIFR shows a strong growth in Revenue. In the last year, the Revenue has grown by 35.41%.
EPS 1Y (TTM)-100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%65.38%
Revenue 1Y (TTM)35.41%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%197.51%

3.2 Future

  • Based on estimates for the next years, 1CIFR will show a very negative growth in Earnings Per Share. The EPS will decrease by -18.45% on average per year.
  • 1CIFR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 81.69% yearly.
EPS Next Y-182.66%
EPS Next 2Y-151.71%
EPS Next 3Y-18.45%
EPS Next 5YN/A
Revenue Next Year65.21%
Revenue Next 2Y61.13%
Revenue Next 3Y89.05%
Revenue Next 5Y81.69%

3.3 Evolution

1CIFR.MI Yearly Revenue VS Estimates1CIFR.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
1CIFR.MI Yearly EPS VS Estimates1CIFR.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 -0.2 -0.4 -0.6

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Find the best growth stocksShow best growing peers

0

4. Valuation

4.1 Price/Earnings Ratio

  • 1CIFR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year 1CIFR is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
1CIFR.MI Price Earnings VS Forward Price Earnings1CIFR.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40

4.2 Price Multiples

  • 1CIFR's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1CIFR is more expensive than 68.03% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 136.36
1CIFR.MI Per share data1CIFR.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1 -1 1.5

4.3 Compensation for Growth

  • 1CIFR's earnings are expected to decrease with -18.45% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-151.71%
EPS Next 3Y-18.45%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for 1CIFR!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

CIPHER MINING INC

BIT:1CIFR (2/2/2026, 7:00:00 PM)

13.15

-0.75 (-5.4%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-03
Earnings (Next)02-24
Inst Owners79.19%
Inst Owner ChangeN/A
Ins Owners3.12%
Ins Owner ChangeN/A
Market Cap5.20B
Revenue(TTM)206.45M
Net Income(TTM)-70.53M
Analysts81.9
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-168.74%
Min EPS beat(2)-276.75%
Max EPS beat(2)-60.72%
EPS beat(4)1
Avg EPS beat(4)-48.05%
Min EPS beat(4)-276.75%
Max EPS beat(4)219.51%
EPS beat(8)3
Avg EPS beat(8)148.7%
EPS beat(12)3
Avg EPS beat(12)63.84%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-12.91%
Min Revenue beat(2)-16.79%
Max Revenue beat(2)-9.03%
Revenue beat(4)0
Avg Revenue beat(4)-10.01%
Min Revenue beat(4)-16.79%
Max Revenue beat(4)-3.04%
Revenue beat(8)1
Avg Revenue beat(8)-8.75%
Revenue beat(12)1
Avg Revenue beat(12)-11.04%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)-11.41%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-5.21%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)-1.44%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.44%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 29.85
P/FCF N/A
P/OCF N/A
P/B 7.87
P/tB 7.96
EV/EBITDA 136.36
EPS(TTM)-0.22
EYN/A
EPS(NY)-0.64
Fwd EYN/A
FCF(TTM)-1.08
FCFYN/A
OCF(TTM)-0.39
OCFYN/A
SpS0.44
BVpS1.67
TBVpS1.65
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -2.48%
ROE -9.01%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 63.6%
FCFM N/A
ROA(3y)-6.37%
ROA(5y)N/A
ROE(3y)-7.73%
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
ROICexgc growth 3YN/A
ROICexgc 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-Score2
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 1.31
Debt/FCF N/A
Debt/EBITDA 24.81
Cap/Depr 175.35%
Cap/Sales 156.09%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.49
Quick Ratio 2.49
Altman-Z 1.93
F-Score2
WACC10.94%
ROIC/WACCN/A
Cap/Depr(3y)1864.46%
Cap/Depr(5y)N/A
Cap/Sales(3y)2580.54%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-100%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%65.38%
EPS Next Y-182.66%
EPS Next 2Y-151.71%
EPS Next 3Y-18.45%
EPS Next 5YN/A
Revenue 1Y (TTM)35.41%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%197.51%
Revenue Next Year65.21%
Revenue Next 2Y61.13%
Revenue Next 3Y89.05%
Revenue Next 5Y81.69%
EBIT growth 1Y-95.86%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year234.71%
EBIT Next 3Y119.61%
EBIT Next 5YN/A
FCF growth 1Y-1476.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-995.85%
OCF growth 3YN/A
OCF growth 5YN/A

CIPHER MINING INC / 1CIFR.MI FAQ

What is the fundamental rating for 1CIFR stock?

ChartMill assigns a fundamental rating of 2 / 10 to 1CIFR.MI.


What is the valuation status of CIPHER MINING INC (1CIFR.MI) stock?

ChartMill assigns a valuation rating of 0 / 10 to CIPHER MINING INC (1CIFR.MI). This can be considered as Overvalued.


How profitable is CIPHER MINING INC (1CIFR.MI) stock?

CIPHER MINING INC (1CIFR.MI) has a profitability rating of 0 / 10.


What is the financial health of CIPHER MINING INC (1CIFR.MI) stock?

The financial health rating of CIPHER MINING INC (1CIFR.MI) is 4 / 10.