Cipher Mining Inc
NASDAQ:CIFR

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Cipher Mining Inc
NASDAQ:CIFR
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Price: 4.06 USD -1.93% Market Closed
Market Cap: 1.4B USD

Relative Value

The Relative Value of one CIFR stock under the Base Case scenario is 9.15 USD. Compared to the current market price of 4.06 USD, Cipher Mining Inc is Undervalued by 56%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CIFR Relative Value
Base Case
9.15 USD
Undervaluation 56%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
32
vs Industry
17
Median 3Y
9
Median 5Y
6.9
Industry
2.4
Forward
4.8
vs History
vs Industry
7
Median 3Y
-11.1
Median 5Y
-24.3
Industry
22.6
Forward
-20.1
vs History
vs Industry
16
Median 3Y
-11
Median 5Y
-21.2
Industry
16.9
vs History
vs Industry
Median 3Y
-4.7
Median 5Y
-6.6
Industry
21.1
vs History
55
vs Industry
62
Median 3Y
2.1
Median 5Y
2
Industry
2.9
vs History
31
vs Industry
18
Median 3Y
8.6
Median 5Y
6.2
Industry
2.4
Forward
4.7
vs History
29
vs Industry
20
Median 3Y
13.3
Median 5Y
9.9
Industry
4.9
vs History
vs Industry
1
Median 3Y
-3.8
Median 5Y
-12.7
Industry
12.6
Forward
9.9
vs History
vs Industry
Median 3Y
-12.9
Median 5Y
-15.5
Industry
16.3
Forward
-16.4
vs History
vs Industry
15
Median 3Y
-10.6
Median 5Y
-18.6
Industry
15.5
vs History
vs Industry
Median 3Y
-3.8
Median 5Y
-5.6
Industry
18.6
vs History
68
vs Industry
58
Median 3Y
2
Median 5Y
2.1
Industry
2.4

Multiples Across Competitors

CIFR Competitors Multiples
Cipher Mining Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cipher Mining Inc
NASDAQ:CIFR
1.4B USD 8.9 -11 -1 209.3 -10.1
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
310B EUR 8.8 54.1 29.2 33.5
US
Palantir Technologies Inc
NYSE:PLTR
311.5B USD 100 545.8 703 754.6
US
Salesforce Inc
NYSE:CRM
257.4B USD 6.7 41.5 21.9 31.4
US
Intuit Inc
NASDAQ:INTU
212.7B USD 11.7 61.3 38.8 45.5
US
Adobe Inc
NASDAQ:ADBE
180.9B USD 8.2 26.8 20.3 22.5
US
NCR Corp
LSE:0K45
159.8B USD 46.4 173.4 499.6 3 563.8
US
Applovin Corp
NASDAQ:APP
129.8B USD 25.3 67.6 47.4 55.6
US
Microstrategy Inc
NASDAQ:MSTR
104.1B USD 226.7 -19.5 -3 261.1 -1 688.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
83.5B USD 17.1 77.2 48.9 55.8
P/S Multiple
Revenue Growth P/S to Growth
US
Cipher Mining Inc
NASDAQ:CIFR
Average P/S: 21 306.4
8.9
67%
0.1
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.8
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
100
33%
3
US
Salesforce Inc
NYSE:CRM
6.7
10%
0.7
US
Intuit Inc
NASDAQ:INTU
11.7
14%
0.8
US
Adobe Inc
NASDAQ:ADBE
8.2
10%
0.8
US
N
NCR Corp
LSE:0K45
46.4
-8%
N/A
US
Applovin Corp
NASDAQ:APP
25.3
23%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
226.7
4%
56.7
US
Cadence Design Systems Inc
NASDAQ:CDNS
17.1
12%
1.4
P/E Multiple
Earnings Growth PEG
US
Cipher Mining Inc
NASDAQ:CIFR
Average P/E: 131
Negative Multiple: -11
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
54.1
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
545.8
73%
7.5
US
Salesforce Inc
NYSE:CRM
41.5
32%
1.3
US
Intuit Inc
NASDAQ:INTU
61.3
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
26.8
26%
1
US
N
NCR Corp
LSE:0K45
173.4
-47%
N/A
US
Applovin Corp
NASDAQ:APP
67.6
44%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -19.5 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
77.2
33%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cipher Mining Inc
NASDAQ:CIFR
Average EV/EBITDA: 176.1
Negative Multiple: -1 209.3
397%
N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
29.2
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
703
109%
6.4
US
Salesforce Inc
NYSE:CRM
21.9
24%
0.9
US
Intuit Inc
NASDAQ:INTU
38.8
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
20.3
17%
1.2
US
N
NCR Corp
LSE:0K45
499.6
12%
41.6
US
Applovin Corp
NASDAQ:APP
47.4
42%
1.1
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 261.1 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
48.9
27%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Cipher Mining Inc
NASDAQ:CIFR
Average EV/EBIT: 570.3
Negative Multiple: -10.1
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
33.5
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
754.6
110%
6.9
US
Salesforce Inc
NYSE:CRM
31.4
33%
1
US
Intuit Inc
NASDAQ:INTU
45.5
37%
1.2
US
Adobe Inc
NASDAQ:ADBE
22.5
20%
1.1
US
N
NCR Corp
LSE:0K45
3 563.8
90%
39.6
US
Applovin Corp
NASDAQ:APP
55.6
45%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 688.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
55.8
28%
2