Cipher Mining Inc. (CIFR)

Cipher Mining Statistics

Total Valuation

Cipher Mining has a market cap or net worth of $1.93 billion. The enterprise value is $1.85 billion.

Market Cap	1.93B
Enterprise Value	1.85B

Important Dates

The last earnings date was Thursday, October 31, 2024, before market open.

Earnings Date	Oct 31, 2024
Ex-Dividend Date	n/a

Share Statistics

Cipher Mining has 347.81 million shares outstanding. The number of shares has increased by 20.81% in one year.

Current Share Class	347.81M
Shares Outstanding	347.81M
Shares Change (YoY)	+20.81%
Shares Change (QoQ)	+5.83%
Owned by Insiders (%)	16.50%
Owned by Institutions (%)	29.74%
Float	241.68M

Valuation Ratios

PE Ratio	n/a
Forward PE	12.93
PS Ratio	10.29
Forward PS	7.24
PB Ratio	2.70
P/TBV Ratio	2.87
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	12.14
EV / EBITDA	52.82
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.57, with a Debt / Equity ratio of 0.03.

Current Ratio	2.57
Quick Ratio	0.43
Debt / Equity	0.03
Debt / EBITDA	0.62
Debt / FCF	n/a
Interest Coverage	-29.80

Financial Efficiency

Return on equity (ROE) is -10.16% and return on invested capital (ROIC) is -5.62%.

Return on Equity (ROE)	-10.16%
Return on Assets (ROA)	-5.01%
Return on Capital (ROIC)	-5.62%
Revenue Per Employee	$4.36M
Profits Per Employee	-$1.47M
Employee Count	35
Asset Turnover	0.26
Inventory Turnover	n/a

Taxes

In the past 12 months, Cipher Mining has paid $6.27 million in taxes.

Income Tax	6.27M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +36.73% in the last 52 weeks. The beta is 2.30, so Cipher Mining's price volatility has been higher than the market average.

Beta (5Y)	2.30
52-Week Price Change	+36.73%
50-Day Moving Average	6.09
200-Day Moving Average	4.65
Relative Strength Index (RSI)	43.52
Average Volume (20 Days)	10,750,100

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Cipher Mining had revenue of $152.47 million and -$51.55 million in losses. Loss per share was -$0.17.

Revenue	152.47M
Gross Profit	95.01M
Operating Income	-47.79M
Pretax Income	29.79M
Net Income	-51.55M
EBITDA	35.05M
EBIT	-47.79M
Loss Per Share	-$0.17

Balance Sheet

The company has $25.34 million in cash and $23.16 million in debt, giving a net cash position of $2.19 million or $0.01 per share.

Cash & Cash Equivalents	25.34M
Total Debt	23.16M
Net Cash	2.19M
Net Cash Per Share	$0.01
Equity (Book Value)	671.99M
Book Value Per Share	1.93
Working Capital	92.67M

Cash Flow

In the last 12 months, operating cash flow was -$106.45 million and capital expenditures -$244.51 million, giving a free cash flow of -$350.96 million.

Operating Cash Flow	-106.45M
Capital Expenditures	-244.51M
Free Cash Flow	-350.96M
FCF Per Share	-$1.01

Margins

Gross margin is 62.32%, with operating and profit margins of -31.35% and -33.81%.

Gross Margin	62.32%
Operating Margin	-31.35%
Pretax Margin	-29.70%
Profit Margin	-33.81%
EBITDA Margin	22.99%
EBIT Margin	-31.35%
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	-20.81%
Shareholder Yield	-20.81%
Earnings Yield	-2.78%
FCF Yield	-18.93%

Analyst Forecast

The average price target for Cipher Mining is $7.73, which is 39.54% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$7.73
Price Target Difference	39.54%
Analyst Consensus	Strong Buy
Analyst Count	10
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	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 6.03 and a Piotroski F-Score of 3.

Altman Z-Score	6.03
Piotroski F-Score	3