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 277 industry peers in the Software industry. CIFR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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's Return On Assets of -4.55% is in line compared to the rest of the industry. CIFR outperforms 57.66% of its industry peers.
CIFR has a better Return On Equity (-5.25%) than 63.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.55% | ||
| ROE | -5.25% | ||
| 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 60.34% is in line compared to the rest of the industry. CIFR outperforms 40.88% of its industry peers.
CIFR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.34% |
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
Compared to 1 year ago, CIFR has an improved debt to assets ratio.
2.2 Solvency
CIFR has an Altman-Z score of 8.78. This indicates that CIFR is financially healthy and has little risk of bankruptcy at the moment.
CIFR's Altman-Z score of 8.78 is amongst the best of the industry. CIFR outperforms 83.58% of its industry peers.
CIFR has a Debt/Equity ratio of 0.02. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.02, CIFR is in the better half of the industry, outperforming 62.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 8.78 |
ROIC/WACCN/A
WACC10%
2.3 Liquidity
CIFR has a Current Ratio of 4.60. 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 4.60, CIFR belongs to the top of the industry, outperforming 85.40% of the companies in the same industry.
CIFR has a Quick Ratio of 4.60. This indicates that CIFR is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of CIFR (4.60) is better than 85.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.6 | ||
| Quick Ratio | 4.6 |
3. Growth
3.1 Past
CIFR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.24%, which is quite impressive.
The Revenue has grown by 4072.34% in the past year. This is a very strong growth!
EPS 1Y (TTM)33.24%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q123.81%
Revenue 1Y (TTM)4072.34%
Revenue growth 3YN/A
Revenue growth 5YN/A
Revenue growth Q2Q1328.26%
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 70.52% on average per year.
The Revenue is expected to grow by 34.35% on average over the next years. This is a very strong growth
EPS Next Y-0.54%
EPS Next 2Y128.32%
EPS Next 3Y70.52%
EPS Next 5YN/A
Revenue Next Year34.89%
Revenue Next 2Y44.96%
Revenue Next 3Y34.35%
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.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for CIFR. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CIFR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 772.4 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CIFR's earnings are expected to grow with 70.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y128.32%
EPS Next 3Y70.52%
5. Dividend
5.1 Amount
No dividends for CIFR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CIPHER MINING INC
NASDAQ:CIFR (5/9/2024, 6:05:14 PM)
After market: 3.93 -0.02 (-0.51%)3.95
+0.18 (+4.64%)
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 Cap1.17B
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)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
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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 | N/A | ||
| 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 | -4.55% | ||
| ROE | -5.25% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.34% | ||
| 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 Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.6 | ||
| Quick Ratio | 4.6 | ||
| 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)
Growth
EPS 1Y (TTM)33.24%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-0.54%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4072.34%
Revenue growth 3YN/A
Revenue growth 5Y
Revenue growth 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