CIFR Valuation

Cipher Mining Inc

Add to Watchlist

Advanced Chart

5.210

+0.2(3.992%)1D

Overview
Forecast
Valuation
Earnings

CIFR Relative Valuation

CIFR's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, CIFR is overvalued; if below, it's undervalued.

Historical Valuation

Cipher Mining Inc (CIFR) is now in the Fair zone, suggesting that its current forward PS ratio of 5.62 is considered Fairly compared with the five-year average of -24.64. The fair price of Cipher Mining Inc (CIFR) is between 3.66 to 6.61 according to relative valuation methord.

Relative Value

Fair Zone

3.66-6.61

Current Price：4.99

Fair

11.09

Trailing

Forward

11.47

EV/EBITDA

Cipher Mining Inc. (CIFR) has a current EV/EBITDA of 11.47. The 5-year average EV/EBITDA is 5.19. The thresholds are as follows: Strongly Undervalued below -8.29, Undervalued between -8.29 and -1.55, Fairly Valued between 11.93 and -1.55, Overvalued between 11.93 and 18.67, and Strongly Overvalued above 18.67. The current Forward EV/EBITDA of 11.47 falls within the Historic Trend Line -Fairly Valued range.

-26.37

EV/EBIT

Cipher Mining Inc. (CIFR) has a current EV/EBIT of -26.37. The 5-year average EV/EBIT is 21.51. The thresholds are as follows: Strongly Undervalued below -295.49, Undervalued between -295.49 and -136.99, Fairly Valued between 180.01 and -136.99, Overvalued between 180.01 and 338.51, and Strongly Overvalued above 338.51. The current Forward EV/EBIT of -26.37 falls within the Historic Trend Line -Fairly Valued range.

5.43

Cipher Mining Inc. (CIFR) has a current PS of 5.43. The 5-year average PS is 20.69. The thresholds are as follows: Strongly Undervalued below -77.07, Undervalued between -77.07 and -28.19, Fairly Valued between 69.58 and -28.19, Overvalued between 69.58 and 118.46, and Strongly Overvalued above 118.46. The current Forward PS of 5.43 falls within the Historic Trend Line -Fairly Valued range.

4.14

P/OCF

Cipher Mining Inc. (CIFR) has a current P/OCF of 4.14. The 5-year average P/OCF is 0.31. The thresholds are as follows: Strongly Undervalued below -40.30, Undervalued between -40.30 and -19.99, Fairly Valued between 20.62 and -19.99, Overvalued between 20.62 and 40.92, and Strongly Overvalued above 40.92. The current Forward P/OCF of 4.14 falls within the Historic Trend Line -Fairly Valued range.

112.71

P/FCF

Cipher Mining Inc. (CIFR) has a current P/FCF of 112.71. The 5-year average P/FCF is -12.91. The thresholds are as follows: Strongly Undervalued below -148.67, Undervalued between -148.67 and -80.79, Fairly Valued between 54.97 and -80.79, Overvalued between 54.97 and 122.85, and Strongly Overvalued above 122.85. The current Forward P/FCF of 112.71 falls within the Overvalued range.

Cipher Mining Inc (CIFR) has a current Price-to-Book (P/B) ratio of 2.62. Compared to its 3-year average P/B ratio of 1.94 , the current P/B ratio is approximately 35.08% higher. Relative to its 5-year average P/B ratio of 1.54, the current P/B ratio is about 70.37% higher. Cipher Mining Inc (CIFR) has a Forward Free Cash Flow (FCF) yield of approximately -25.84%. Compared to its 3-year average FCF yield of -37.76%, the current FCF yield is approximately -31.57% lower. Relative to its 5-year average FCF yield of -30.72% , the current FCF yield is about -15.89% lower.

2.60

P/B

Median3y

1.94

Median5y

1.54

-26.77

FCF Yield

Median3y

-37.76

Median5y

-30.72

Competitors Valuation Multiple

The average P/S ratio for CIFR's competitors is 3.26, providing a benchmark for relative valuation. Cipher Mining Inc Corp (CIFR) exhibits a P/S ratio of 5.43, which is 66.69% above the industry average. Given its robust revenue growth of 1.71%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Csg Systems International Inc

Global Blue Group Holding Ltd

Performance Decomposition

Market capitalization of CIFR increased by 42.74% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -4.17 to -14.04.

The secondary factor is the Revenue Growth, contributed 1.71%to the performance.

Overall, the performance of CIFR in the past 1 year is driven by P/E Change. Which is more unsustainable.

1.71%

48.14M → 48.96M

Revenue Growth

-196.04%

82.89 → -79.61

Margin Expansion

237.07%

-4.17 → -14.04

P/E Change

42.74%