CIPHER MINING INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.85 USD | -5.41% |
|
-2.53% | -6.78% |
| May. 07 | Tech Slips as Palantir Plunges - Tech Roundup | DJ |
| May. 07 | Cipher Mining Shares Fall 14% on 1Q Revenue Miss | DJ |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,141 | 138.6 | 1,062 | 1,194 | - | - |
| Enterprise Value (EV) 1 | 1,141 | 138.6 | 1,062 | 1,194 | 1,194 | 1,194 |
| P/E ratio | -14 x | -3.5 x | -41.3 x | 74.5 x | 17.5 x | -96.3 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | - | 45.6 x | 8.37 x | 7.55 x | 4 x | 3.46 x |
| EV / Revenue | - | 45.6 x | 8.37 x | 7.55 x | 4 x | 3.46 x |
| EV / EBITDA | - | -2.22 x | 22 x | 10.8 x | 6.25 x | 7.52 x |
| EV / FCF | - | - | -9.25 x | 19.9 x | 5.79 x | 5.08 x |
| FCF Yield | - | - | -10.8% | 5.03% | 17.3% | 19.7% |
| 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 | 3.850 | 3.850 | 3.850 |
| Announcement Date | 3/4/22 | 3/14/23 | 3/5/24 | - | - | - |
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 | 19.18 | 4.45 | -24.9 |
| Net income 1 | -72.16 | -39.05 | -25.78 | 14.63 | 46.82 | -13.7 |
| Net margin | - | -1,285.91% | -20.32% | 9.25% | 15.7% | -3.97% |
| EPS 2 | -0.3300 | -0.1600 | -0.1000 | 0.0517 | 0.2200 | -0.0400 |
| 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) | - | - | - | 410.22% | 439.95% | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/4/22 | 3/14/23 | 3/5/24 | - | - | - |
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 | - | -5.983 | -6.425 | -1.278 | -6.888 | 26.27 |
| Operating Margin | - | -1,638.92% | -28.18% | -37.13% | -60.04% | 36.49% | - | -15.8% | -19.32% | -3.3% | -15.65% | 40.34% |
| Earnings before Tax (EBT) 1 | - | -49.79 | -6.531 | -12.09 | -18.81 | 15.22 | - | -2.926 | -9.192 | -3.26 | -13.4 | -2.448 |
| Net income 1 | - | -51.63 | -6.601 | -12.7 | -17.71 | 11.24 | - | -7.371 | -11.94 | -7.515 | -10.29 | 13.73 |
| Net margin | - | -1,699.93% | -30.15% | -40.68% | -58.44% | 25.88% | - | -19.46% | -35.9% | -19.38% | -23.39% | 21.07% |
| EPS 2 | - | -0.2100 | -0.0300 | -0.0500 | -0.0700 | 0.0500 | - | -0.0233 | -0.0350 | -0.0233 | -0.0300 | 0.0433 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/14/22 | 3/14/23 | 5/9/23 | 8/8/23 | 11/8/23 | 3/5/24 | 5/7/24 | - | - | - | - | - |
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 | 2,089 | 225.1 | -74.05 |
| 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 | 3/4/22 | 3/14/23 | 3/5/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
3.85
USD
Average target price
5.833
USD
Spread / Average Target
+51.52%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.78% | 1.26B | |
| -17.20% | 5.36B | |
| +45.29% | 3.75B | |
| -9.38% | 3.39B | |
| -34.97% | 2.89B | |
| -31.26% | 798M | |
| -42.09% | 696M | |
| -18.75% | 673M | |
| -38.44% | 671M | |
| -67.64% | 565M |
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- Financials Cipher Mining Inc.
