Cipher Mining Statistics
Total Valuation
Cipher Mining has a market cap or net worth of $8.32 billion. The enterprise value is $8.01 billion.
Important Dates
The last earnings date was Monday, November 3, 2025, before market open.
| Earnings Date | Nov 3, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Cipher Mining has 395.09 million shares outstanding. The number of shares has increased by 22.62% in one year.
| Current Share Class | 395.09M |
| Shares Outstanding | 395.09M |
| Shares Change (YoY) | +22.62% |
| Shares Change (QoQ) | +4.84% |
| Owned by Insiders (%) | 2.91% |
| Owned by Institutions (%) | 71.62% |
| Float | 317.44M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 49.51 |
| PS Ratio | 37.01 |
| Forward PS | 17.45 |
| PB Ratio | 10.40 |
| P/TBV Ratio | 10.56 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 38.80 |
| EV / EBITDA | 94.35 |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.49, with a Debt / Equity ratio of 1.33.
| Current Ratio | 2.49 |
| Quick Ratio | 2.12 |
| Debt / Equity | 1.33 |
| Debt / EBITDA | 11.93 |
| Debt / FCF | n/a |
| Interest Coverage | -25.99 |
Financial Efficiency
Return on equity (ROE) is -9.69% and return on invested capital (ROIC) is -4.88%.
| Return on Equity (ROE) | -9.69% |
| Return on Assets (ROA) | -3.41% |
| Return on Invested Capital (ROIC) | -4.88% |
| Return on Capital Employed (ROCE) | -4.34% |
| Revenue Per Employee | $4.80M |
| Profits Per Employee | -$1.64M |
| Employee Count | 43 |
| Asset Turnover | 0.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -1.21M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +195.11% in the last 52 weeks. The beta is 2.93, so Cipher Mining's price volatility has been higher than the market average.
| Beta (5Y) | 2.93 |
| 52-Week Price Change | +195.11% |
| 50-Day Moving Average | 15.53 |
| 200-Day Moving Average | 7.12 |
| Relative Strength Index (RSI) | 56.81 |
| Average Volume (20 Days) | 50,426,975 |
Short Selling Information
The latest short interest is 65.61 million, so 16.61% of the outstanding shares have been sold short.
| Short Interest | 65.61M |
| Short Previous Month | 64.70M |
| Short % of Shares Out | 16.61% |
| Short % of Float | 20.67% |
| Short Ratio (days to cover) | 1.12 |
Income Statement
In the last 12 months, Cipher Mining had revenue of $206.45 million and -$70.53 million in losses. Loss per share was -$0.19.
| Revenue | 206.45M |
| Gross Profit | 70.15M |
| Operating Income | -98.51M |
| Pretax Income | -71.74M |
| Net Income | -70.53M |
| EBITDA | 84.91M |
| EBIT | -98.51M |
| Loss Per Share | -$0.19 |
Full Income Statement Balance Sheet
The company has $1.21 billion in cash and $1.04 billion in debt, giving a net cash position of $163.46 million or $0.41 per share.
| Cash & Cash Equivalents | 1.21B |
| Total Debt | 1.04B |
| Net Cash | 163.46M |
| Net Cash Per Share | $0.41 |
| Equity (Book Value) | 783.20M |
| Book Value Per Share | 1.99 |
| Working Capital | 849.23M |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was -$182.48 million and capital expenditures -$337.79 million, giving a free cash flow of -$520.27 million.
| Operating Cash Flow | -182.48M |
| Capital Expenditures | -337.79M |
| Free Cash Flow | -520.27M |
| FCF Per Share | -$1.32 |
Full Cash Flow Statement Margins
Gross margin is 33.98%, with operating and profit margins of -47.72% and -34.16%.
| Gross Margin | 33.98% |
| Operating Margin | -47.72% |
| Pretax Margin | -34.75% |
| Profit Margin | -34.16% |
| EBITDA Margin | 41.13% |
| EBIT Margin | -47.72% |
| FCF Margin | n/a |
Dividends & Yields
Cipher Mining does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -22.62% |
| Shareholder Yield | -22.62% |
| Earnings Yield | -0.86% |
| FCF Yield | -6.36% |
Analyst Forecast
The average price target for Cipher Mining is $22.85, which is 8.50% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $22.85 |
| Price Target Difference | 8.50% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 66.88% |
| EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Cipher Mining has an Altman Z-Score of 0.75 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.75 |
| Piotroski F-Score | 1 |