Financials Cipher Mining Inc.

Equities

CIFR

US17253J1060

Blockchain & Cryptocurrency

Market Closed - Nasdaq 20:59:52 29/05/2024 BST 5-day change 1st Jan Change
3.8 USD -5.00% Intraday chart for Cipher Mining Inc. -7.99% -7.99%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 1,141 138.6 1,062 1,178 - -
Enterprise Value (EV) 1 1,141 138.6 1,062 1,178 1,178 1,178
P/E ratio -14 x -3.5 x -41.3 x 82 x 17.1 x 13.9 x
Yield - - - - - -
Capitalization / Revenue - 45.6 x 8.37 x 7.45 x 3.95 x 3.42 x
EV / Revenue - 45.6 x 8.37 x 7.45 x 3.95 x 3.42 x
EV / EBITDA - -2.22 x 22 x 10.6 x 6.17 x 7.43 x
EV / FCF - - -9.25 x 19.6 x 5.72 x 5.01 x
FCF Yield - - -10.8% 5.09% 17.5% 19.9%
Price to Book - - - - - -
Nbr of stocks (in thousands) 246,381 247,552 257,057 310,029 - -
Reference price 2 4.630 0.5600 4.130 3.800 3.800 3.800
Announcement Date 04/03/22 14/03/23 05/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 - 3.037 126.8 158.1 298.2 344.9
EBITDA 1 - -62.52 48.26 110.9 191 158.6
EBIT 1 - -37.42 -20.12 33.13 123.1 -
Operating Margin - -1,232.17% -15.86% 20.96% 41.29% -
Earnings before Tax (EBT) 1 - -37.21 -22.21 10 4.45 -24.9
Net income 1 -72.16 -39.05 -25.78 13.13 67.37 78.74
Net margin - -1,285.91% -20.32% 8.31% 22.59% 22.83%
EPS 2 -0.3300 -0.1600 -0.1000 0.0463 0.2228 0.2742
Free Cash Flow 1 - - -114.7 60 206 235
FCF margin - - -90.44% 37.96% 69.08% 68.14%
FCF Conversion (EBITDA) - - - 54.08% 107.83% 148.12%
FCF Conversion (Net income) - - - 456.87% 305.79% 298.45%
Dividend per Share - - - - - -
Announcement Date 04/03/22 14/03/23 05/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 - 3.037 21.9 31.22 30.3 43.42 48.14 37.87 33.26 38.79 44 65.14
EBITDA 1 - -21.6 6.936 9.006 4.212 28.2 64.99 20.9 17.49 23.31 24.71 43.2
EBIT 1 - -49.77 -6.169 -11.59 -18.2 15.84 46.79 -7.427 -9.7 -4.783 -6.888 26.27
Operating Margin - -1,638.92% -28.18% -37.13% -60.04% 36.49% 97.19% -19.61% -29.17% -12.33% -15.65% 40.34%
Earnings before Tax (EBT) 1 - -49.79 -6.531 -12.09 -18.81 15.22 45.46 -7.395 -11.99 -6.448 -13.4 -2.448
Net income 1 - -51.63 -6.601 -12.7 -17.71 11.24 39.9 -7.371 -11.94 -7.515 -10.29 13.73
Net margin - -1,699.93% -30.15% -40.68% -58.44% 25.88% 82.89% -19.46% -35.9% -19.38% -23.39% 21.07%
EPS 2 - -0.2100 -0.0300 -0.0500 -0.0700 0.0500 0.1300 -0.0206 -0.0335 -0.0176 -0.0300 0.0433
Dividend per Share - - - - - - - - - - - -
Announcement Date 14/11/22 14/03/23 09/05/23 08/08/23 08/11/23 05/03/24 07/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - - -115 60 206 235
ROE (net income / shareholders' equity) - - -6.18% 0.8% 26.2% 23.4%
ROA (Net income/ Total Assets) - - -5.24% 0.7% 20.8% 18.5%
Assets 1 - - 492.3 1,876 323.9 425.6
Book Value Per Share - - - - - -
Cash Flow per Share - - - - - -
Capex 1 - 39.8 54.4 40 40 32
Capex / Sales - 1,311% 42.88% 25.31% 13.41% 9.28%
Announcement Date 04/03/22 14/03/23 05/03/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
3.8 USD
Average target price
5.833 USD
Spread / Average Target
+53.51%
Consensus
  1. Stock Market
  2. Equities
  3. CIFR Stock
  4. Financials Cipher Mining Inc.