Market cap
$6,543 Mln
Revenue (TTM)
$166 Mln
P/E Ratio
--
P/B Ratio
12.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -28.71 | -42.99 | 4.64 | 51.49 | -- |
| EBIT | -- | -56.45 | 23.43 | -353.30 | -363.40 |
| Net Profit | -134.03 | -484.37 | -224.31 | -462.20 | -328.87 |
| EPS | -131.67 | -435.36 | -176.93 | -403.12 | -465.82 |
| Book Value | -- | -- | 6.24 | 12.81 | 944.43 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -132.14 | -404.31 | -71.79 | -352.32 | -28.17 |
| Net Margin
| -- | -1,203.48 | -300.47 | -- | -- |
| Return on equity
| -41.45 | -35.28 | -78.27 | -110.55 | -7.61 |
| Return on Capital
| -17.05 | -20.57 | -- | -38.15 | -7.13 |
| Return on Assets
| -14.49 | -18.86 | -10.04 | -31.95 | -6.28 |
| Debt to Equity (x)
| -- | -- | 9.69 | 3.44 | 0.08 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
--
|
-38.15
|
-7.13
|
-5.88
|
-10.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-78.27
Lower than Peers by 82.66
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-78.27
|
-110.55
|
-7.61
|
-6.18
|
-11.22
|
|
Peer Median
|
4.39
|
--
|
--
|
--
|
--
|
ROA
-10.04
Lower than Peers by 10.88
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-10.04
|
-31.95
|
-6.28
|
-5.24
|
-10.11
|
|
Peer Median
|
0.84
|
--
|
--
|
--
|
--
|
EBIT Margin
-71.79
Lower than Peers by 76.52
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-71.79
|
-352.32
|
-28.17
|
-15.93
|
-1,220.81
|
|
Peer Median
|
4.72
|
--
|
--
|
--
|
--
|
Net Margin
-300.47
Lower than Peers by 305.76
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-300.47
|
-367.17
|
-29.51
|
-20.32
|
-1,203.48
|
|
Peer Median
|
5.29
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
4.64
Lower than Peers by 31.89
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
4.64
|
0.48
|
0.19
|
40.77
|
--
|
|
Peer Median
|
36.53
|
--
|
--
|
--
|
--
|
EBIT Growth
23.43
Lower than Peers by 3.13
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
23.43
|
-1,751.72
|
-110.82
|
45.49
|
48.60
|
|
Peer Median
|
26.56
|
--
|
--
|
--
|
--
|
Net Profit Growth
-224.31
Lower than Peers by 265.39
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-224.31
|
-1,742.15
|
-73.16
|
33.99
|
45.87
|
|
Peer Median
|
41.08
|
--
|
--
|
--
|
--
|
EPS Growth
-176.93
Lower than Peers by 271.33
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-176.93
|
-15.57
|
-0.38
|
0.44
|
0.45
|
|
Peer Median
|
94.41
|
--
|
--
|
--
|
--
|
Book Value Growth
-31.24
Lower than Peers by 45.75
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-31.24
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.51
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
9.69
Higher than Peers by 9.37
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
9.69
|
3.44
|
0.08
|
0.04
|
0.06
|
|
Peer Median
|
0.32
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.18
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
0.18
|
0.05
|
0.06
|
0.01
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.00
Higher than Peers by 0.87
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
3.00
|
3.79
|
1.28
|
4.60
|
1.18
|
|
Peer Median
|
2.13
|
--
|
--
|
--
|
--
|
Quick Ratio
2.97
Higher than Peers by 0.92
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
2.97
|
3.62
|
0.57
|
3.63
|
1.03
|
|
Peer Median
|
2.05
|
--
|
--
|
--
|
--
|
Interest Coverage
-1.68
Lower than Peers by 7.46
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
-1.68
|
-21.58
|
-24.95
|
-10.11
|
-270.63
|
|
Peer Median
|
5.78
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
12.08
Higher than Peers by 0.27
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
12.08
|
0.43
|
23.09
|
0.68
|
39.51
|
|
Peer Median
|
11.81
|
--
|
--
|
--
|
--
|
Asset Turnover
0.03
Lower than Peers by 0.20
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
0.03
|
0.09
|
0.21
|
0.26
|
0.01
|
|
Peer Median
|
0.24
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
--
|
29.27
|
43.22
|
2.98
|
72.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
--
|
248.35
|
186.29
|
142.52
|
1,534.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
--
|
71.48
|
41.04
|
81.13
|
4,299.74
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
--
|
206.14
|
188.46
|
64.37
|
-2,693.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
--
|
-7.27
|
-37.88
|
-46.62
|
-3.55
|
|
Peer Median
|
68.17
|
--
|
--
|
--
|
--
|
Price / Book Value
12.71
Higher than Peers by 7.97
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
12.71
|
7.42
|
2.48
|
2.45
|
0.40
|
|
Peer Median
|
4.74
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
54.24
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
54.24
|
-13.80
|
28.51
|
27.82
|
-4.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
6,543
Higher than Peers by 5,791
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cipher Mining (CIFR)
|
6,543
|
--
|
--
|
--
|
--
|
|
Peer Median
|
752
|
--
|
--
|
--
|
--
|