CIFR Stock Overview
Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States.
Cipher Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1.40|
|52 Week High||US$15.39|
|52 Week Low||US$1.29|
|1 Month Change||-38.05%|
|3 Month Change||-61.85%|
|1 Year Change||-85.93%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-85.71%|
Recent News & Updates
|CIFR||US Software||US Market|
Return vs Industry: CIFR underperformed the US Software industry which returned -20.3% over the past year.
Return vs Market: CIFR underperformed the US Market which returned -18.8% over the past year.
|CIFR Average Weekly Movement||20.7%|
|Software Industry Average Movement||11.1%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: CIFR is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: CIFR's weekly volatility has increased from 16% to 21% over the past year.
About the Company
Cipher Mining Inc., a technology company, operates in the bitcoin mining ecosystem in the United States. It engages in developing and growing a cryptocurrency mining business that specializes in bitcoin. The company was incorporated in 2021 and is based in New York, New York.
Cipher Mining Fundamentals Summary
|CIFR fundamental statistics|
Is CIFR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CIFR income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.39|
|Net Profit Margin||0.00%|
How did CIFR perform over the long term?See historical performance and comparison
Is CIFR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CIFR?
Other financial metrics that can be useful for relative valuation.
|What is CIFR's n/a Ratio?|
Price to Book Ratio vs Peers
How does CIFR's PB Ratio compare to its peers?
|CIFR PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
GTYH GTY Technology Holdings
MITK Mitek Systems
DSP Viant Technology
CIFR Cipher Mining
Price-To-Book vs Peers: CIFR is good value based on its Price-To-Book Ratio (1x) compared to the peer average (1.7x).
Price to Earnings Ratio vs Industry
How does CIFR's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Book vs Industry: CIFR is good value based on its Price-To-Book Ratio (1x) compared to the US Software industry average (3.6x)
Price to Book Ratio vs Fair Ratio
What is CIFR's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||1x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate CIFR's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CIFR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate CIFR's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate CIFR's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CIFR's PEG Ratio to determine if it is good value.
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How is Cipher Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cipher Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Cipher Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Cipher Mining performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Last years earnings growth
Earnings and Revenue History
Quality Earnings: CIFR is currently unprofitable.
Growing Profit Margin: CIFR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if CIFR's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare CIFR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CIFR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).
Return on Equity
High ROE: CIFR has a negative Return on Equity (-28.06%), as it is currently unprofitable.
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How is Cipher Mining's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CIFR's short term assets ($111.1M) exceed its short term liabilities ($10.0M).
Long Term Liabilities: CIFR's short term assets ($111.1M) exceed its long term liabilities ($5.4M).
Debt to Equity History and Analysis
Debt Level: CIFR is debt free.
Reducing Debt: CIFR has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CIFR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CIFR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 150.8% each year
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What is Cipher Mining current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CIFR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CIFR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CIFR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CIFR's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CIFR has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rodney Page (44 yo)
Mr. Rodney Tyler Page has been the Chief Executive Officer and Director of Cipher Mining Inc. since August 27, 2021. From 2020 to 2021, he was Head of Business Development for digital asset infrastructure...
CEO Compensation Analysis
Compensation vs Market: Rodney's total compensation ($USD102.65M) is above average for companies of similar size in the US market ($USD2.75M).
Compensation vs Earnings: Insufficient data to compare Rodney's compensation with company performance.
Experienced Management: CIFR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: CIFR's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Cipher Mining Inc.'s employee growth, exchange listings and data sources
- Name: Cipher Mining Inc.
- Ticker: CIFR
- Exchange: NasdaqGS
- Founded: 2021
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$381.134m
- Shares outstanding: 247.49m
- Website: https://www.ciphermining.com
Number of Employees
- Cipher Mining Inc.
- 1 Vanderbilt Avenue
- Suite C
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/28 00:00|
|End of Day Share Price||2022/06/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.