TERAWULF INC (WULF) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:WULF • US88080T1043

13.44 USD
+0.07 (+0.52%)
At close: Feb 2, 2026
14.99 USD
+1.55 (+11.53%)
After Hours: 2/2/2026, 8:00:03 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to WULF. WULF was compared to 278 industry peers in the Software industry. WULF has a bad profitability rating. Also its financial health evaluation is rather negative. WULF is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year WULF has reported negative net income.
  • WULF had a negative operating cash flow in the past year.
  • In the past 5 years WULF always reported negative net income.
  • In the past 5 years WULF reported 4 times negative operating cash flow.
WULF Yearly Net Income VS EBIT VS OCF VS FCFWULF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50M -100M -150M -200M -250M

1.2 Ratios

  • WULF has a Return On Assets of -22.94%. This is in the lower half of the industry: WULF underperforms 75.54% of its industry peers.
  • The Return On Equity of WULF (-227.68%) is worse than 84.17% of its industry peers.
Industry RankSector Rank
ROA -22.94%
ROE -227.68%
ROIC N/A
ROA(3y)-19.15%
ROA(5y)-19.16%
ROE(3y)-46.79%
ROE(5y)-44.08%
ROIC(3y)N/A
ROIC(5y)N/A
WULF Yearly ROA, ROE, ROICWULF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60

1.3 Margins

  • With a Gross Margin value of 50.24%, WULF is not doing good in the industry: 69.42% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of WULF has grown nicely.
  • WULF 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 50.24%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y12.53%
WULF Yearly Profit, Operating, Gross MarginsWULF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600

More info and screens

1

2. Health

2.1 Basic Checks

  • WULF does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • WULF has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, WULF has more shares outstanding
  • WULF has a worse debt/assets ratio than last year.
WULF Yearly Shares OutstandingWULF Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
WULF Yearly Total Debt VS Total AssetsWULF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

  • Based on the Altman-Z score of 0.95, we must say that WULF is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of WULF (0.95) is worse than 62.59% of its industry peers.
  • A Debt/Equity ratio of 4.29 is on the high side and indicates that WULF has dependencies on debt financing.
  • With a Debt to Equity ratio value of 4.29, WULF is not doing good in the industry: 86.69% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 4.29
Debt/FCF N/A
Altman-Z 0.95
ROIC/WACCN/A
WACC10.93%
WULF Yearly LT Debt VS Equity VS FCFWULF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M

2.3 Liquidity

  • WULF has a Current Ratio of 1.03. This is a normal value and indicates that WULF is financially healthy and should not expect problems in meeting its short term obligations.
  • WULF has a worse Current ratio (1.03) than 71.58% of its industry peers.
  • WULF has a Quick Ratio of 1.03. This is a normal value and indicates that WULF is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of WULF (1.03) is worse than 70.86% of its industry peers.
Industry RankSector Rank
Current Ratio 1.03
Quick Ratio 1.03
WULF Yearly Current Assets VS Current LiabilitesWULF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

More info and screens

7

3. Growth

3.1 Past

  • The earnings per share for WULF have decreased strongly by -164.29% in the last year.
  • The Revenue has grown by 30.58% in the past year. This is a very strong growth!
  • WULF shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.38% yearly.
EPS 1Y (TTM)-164.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
Revenue 1Y (TTM)30.58%
Revenue growth 3YN/A
Revenue growth 5Y51.38%
Sales Q2Q%86.92%

3.2 Future

  • Based on estimates for the next years, WULF will show a very strong growth in Earnings Per Share. The EPS will grow by 46.16% on average per year.
  • The Revenue is expected to grow by 57.11% on average over the next years. This is a very strong growth
EPS Next Y-703.96%
EPS Next 2Y-30.61%
EPS Next 3Y48.65%
EPS Next 5Y46.16%
Revenue Next Year24.72%
Revenue Next 2Y64.83%
Revenue Next 3Y93.48%
Revenue Next 5Y57.11%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
WULF Yearly Revenue VS EstimatesWULF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B
WULF Yearly EPS VS EstimatesWULF Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 0.5 -0.5 1 -1 -1.5

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

  • WULF reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year WULF 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
WULF Price Earnings VS Forward Price EarningsWULF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WULF Per share dataWULF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 -1 -1.5

4.3 Compensation for Growth

  • WULF's earnings are expected to grow with 48.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.61%
EPS Next 3Y48.65%

More info and screens

0

5. Dividend

5.1 Amount

  • WULF does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

TERAWULF INC

NASDAQ:WULF (2/2/2026, 8:00:03 PM)

After market: 14.99 +1.55 (+11.53%)

13.44

+0.07 (+0.52%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-10
Earnings (Next)02-26
Inst Owners74.57%
Inst Owner Change3.42%
Ins Owners6.86%
Ins Owner Change0.32%
Market Cap5.63B
Revenue(TTM)167.60M
Net Income(TTM)-563.16M
Analysts83.16
Price Target22.62 (68.3%)
Short Float %30.78%
Short Ratio2.88
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-7.74%
Min EPS beat(2)-39.24%
Max EPS beat(2)23.75%
EPS beat(4)1
Avg EPS beat(4)-69.46%
Min EPS beat(4)-133.63%
Max EPS beat(4)23.75%
EPS beat(8)1
Avg EPS beat(8)-79.72%
EPS beat(12)1
Avg EPS beat(12)-101.53%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-2.24%
Min Revenue beat(2)-5.47%
Max Revenue beat(2)0.98%
Revenue beat(4)1
Avg Revenue beat(4)-8.8%
Min Revenue beat(4)-21.8%
Max Revenue beat(4)0.98%
Revenue beat(8)1
Avg Revenue beat(8)-9.39%
Revenue beat(12)2
Avg Revenue beat(12)-10.38%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.3%
PT rev (3m)73.34%
EPS NQ rev (1m)0.68%
EPS NQ rev (3m)-133.09%
EPS NY rev (1m)0.2%
EPS NY rev (3m)-368.47%
Revenue NQ rev (1m)-2.59%
Revenue NQ rev (3m)-29.98%
Revenue NY rev (1m)-0.68%
Revenue NY rev (3m)-11.97%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 33.57
P/FCF N/A
P/OCF N/A
P/B 22.75
P/tB 29.33
EV/EBITDA N/A
EPS(TTM)-0.37
EYN/A
EPS(NY)-0.32
Fwd EYN/A
FCF(TTM)-1.62
FCFYN/A
OCF(TTM)-0.19
OCFYN/A
SpS0.4
BVpS0.59
TBVpS0.46
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -22.94%
ROE -227.68%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 50.24%
FCFM N/A
ROA(3y)-19.15%
ROA(5y)-19.16%
ROE(3y)-46.79%
ROE(5y)-44.08%
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 5Y12.53%
F-Score3
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 4.29
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 797.9%
Cap/Sales 357.29%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.03
Quick Ratio 1.03
Altman-Z 0.95
F-Score3
WACC10.93%
ROIC/WACCN/A
Cap/Depr(3y)543.16%
Cap/Depr(5y)N/A
Cap/Sales(3y)235.52%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-164.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
EPS Next Y-703.96%
EPS Next 2Y-30.61%
EPS Next 3Y48.65%
EPS Next 5Y46.16%
Revenue 1Y (TTM)30.58%
Revenue growth 3YN/A
Revenue growth 5Y51.38%
Sales Q2Q%86.92%
Revenue Next Year24.72%
Revenue Next 2Y64.83%
Revenue Next 3Y93.48%
Revenue Next 5Y57.11%
EBIT growth 1Y-290.93%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year244.28%
EBIT Next 3Y192.98%
EBIT Next 5Y111.45%
FCF growth 1Y-1034.15%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-910.57%
OCF growth 3YN/A
OCF growth 5YN/A

TERAWULF INC / WULF FAQ

What is the ChartMill fundamental rating of TERAWULF INC (WULF) stock?

ChartMill assigns a fundamental rating of 2 / 10 to WULF.


What is the valuation status for WULF stock?

ChartMill assigns a valuation rating of 1 / 10 to TERAWULF INC (WULF). This can be considered as Overvalued.


Can you provide the profitability details for TERAWULF INC?

TERAWULF INC (WULF) has a profitability rating of 1 / 10.


How sustainable is the dividend of TERAWULF INC (WULF) stock?

The dividend rating of TERAWULF INC (WULF) is 0 / 10 and the dividend payout ratio is 0%.