AFG
American Financial Group, Inc.
AFG's fundamentals are mixed, but it looks expensive: trading at 13x earnings, in line with its usual 12x. Analysts expect earnings to hold roughly steady.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
AFG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
AFG's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like AFG.
CIFR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| N/A | |
| N/A |
CIFR's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CIFR.
AFG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.4x | $90.43 | -44% |
| Fair | 12x | $151 | -5.6% |
| Current | 13x | $160 | — |
| Forward | 13x | $160 | — |
| Expensive | 15x | $179 | +12% |
Historical ranges are pointers, not guarantees.
AFG's PE is in its expensive range at 13.1x. On analysts' estimates for next year's earnings, today's price would be 13.4x.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
AFG Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect AFG's earnings, revenue and profitability to hold roughly steady.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over AFG on the outlook, with more favorable earnings and revenue expectations.
AFG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.98 | -2.4% |
| Q3 2026 | $12.27 | +29% |
| Q2 2026 | $11.45 | +26% |
| Q1 2026 | $10.53 | +11% |
| Q4 2025 | $10.08 | -4.6% |
| Q3 2025 | $9.52 | -11% |
| Q2 2025 | $9.10 | -14% |
| Q1 2025 | $9.52 | -8.9% |
| Q4 2024 | $10.57 | +5.2% |
AFG has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.
CIFR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.06 | -$2.86 |
| Q2 2026 | -$2.85 | -$2.40 |
| Q1 2026 | -$2.32 | -$1.94 |
| Q4 2025 | -$2.15 | -$2.01 |
| Q3 2025 | -$0.20 | -$0.07 |
| Q2 2025 | -$0.45 | -850% |
| Q1 2025 | -$0.38 | -733% |
| Q4 2024 | -$0.14 | -$0.04 |
CIFR lost $3.06 per share over the past year, and its loss has widened in each of the last four quarters.
AFG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +11% |
| Q2 2026 | $2B | +5.5% |
| Q1 2026 | $1.9B | -0.1% |
| Q4 2025 | $2.1B | -4% |
| Q3 2025 | $2.3B | -1.6% |
| Q2 2025 | $1.9B | +1.3% |
| Q1 2025 | $1.9B | -2.6% |
| Q4 2024 | $2.1B | +3.2% |
AFG has the edge over CIFR on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +2.4 points |
| Q2 2026 | 16% | +3.7 points |
| Q1 2026 | 13% | +2.3 points |
| Q4 2025 | 18% | +3.5 points |
| Q3 2025 | 12% | +1.8 points |
| Q2 2025 | 12% | -2.4 points |
| Q1 2025 | 11% | -5.3 points |
| Q4 2024 | 15% | -1.2 points |
AFG has the edge over CIFR on profitability, with a higher operating margin.
CIFR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $26.7M | -63% |
| Q2 2026 | $24.8M | -43% |
| Q1 2026 | $34.8M | -29% |
| Q4 2025 | $59.7M | +41% |
| Q3 2025 | $71.7M | +198% |
| Q2 2025 | $43.6M | +18% |
| Q1 2025 | $49M | +1.7% |
| Q4 2024 | $42.2M | -2.8% |
CIFR's revenue has slid since its 2025 peak: $27M last quarter, down 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -269% | -217 points |
| Q2 2026 | -316% | -212 points |
| Q1 2026 | -329% | -251 points |
| Q4 2025 | -503% | -544 points |
| Q3 2025 | -52% | +327 points |
| Q2 2025 | -104% | -60 points |
| Q1 2025 | -78% | -175 points |
| Q4 2024 | 40% | +4 points |
CIFR's operating margin was −269% last quarter, down 217 points from the same quarter a year ago.
AFG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405M | +88% |
| Q2 2026 | $92M | -52% |
| Q1 2026 | $474M | +39% |
| Q4 2025 | $784M | +16% |
| Q3 2025 | $216M | -53% |
| Q2 2025 | $191M | +$279M |
| Q1 2025 | $342M | +220% |
| Q4 2024 | $674M | -11% |
AFG has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.
CIFR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.7B | -$1.4B |
| Q2 2026 | -$653.8M | -$566.3M |
| Q1 2026 | -$462.5M | -$390.7M |
| Q4 2025 | -$280.3M | -$204.2M |
| Q3 2025 | -$256.2M | -$173.1M |
| Q2 2025 | -$87.5M | -$54.3M |
| Q1 2025 | -$71.8M | -$37.3M |
| Q4 2024 | -$76.1M | +$38M |
CIFR's free cash flow was −$3.1B over the past year, against −$492M the year before. Free cash flow isn't a meaningful measure for financial services companies like CIFR.
AFG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -100K shares |
| 1 year | -0.6% | -500K shares |
| 3 years | -2.1% | -1.8M shares |
| 5 years | -2.7% | -2.3M shares |
| Available history | -9.2% | -8.4M shares |
AFG has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $26M |
| Q2 2026 | $26M |
| Q1 2026 | $60M |
| Q4 2025 | $1M |
| Q3 2025 | $1M |
| Q2 2025 | $39M |
| Q1 2025 | $58M |
| Q4 2024 | — |
AFG spent $113M buying back its own shares over the past year, up 15% from the year before.
CIFR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.4% | +30.3M shares |
| 1 year | +12% | +46.5M shares |
| 3 years | +75% | +188M shares |
| 5 years | +102% | +222M shares |
CIFR has 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7M |
| Q2 2026 | $45.2M |
| Q1 2026 | $3.8M |
| Q4 2025 | $82.3M |
| Q3 2025 | $3M |
| Q2 2025 | $3.2M |
| Q1 2025 | $1.1M |
| Q4 2024 | $16.9M |
CIFR spent $151M buying back its own shares over the past year, about six times what it spent the year before.
AFG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.2x | Very low |
| Q4 2024 | 0.1x | Very low |
AFG's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like AFG.
CIFR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | -2.3x | Net Cash |
| Q1 2025 | 125.4x | High |
| Q4 2024 | 0.5x | Very low |
| Q3 2024 | -0.7x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -0.9x | Net Cash |
| Q4 2023 | -2.2x | Net Cash |
| Q2 2023 | -0.1x | Net Cash |
CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.
AFG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 75.1 | Overbought |
| Stochastic | 87.0 | Overbought |
AFG's weekly RSI is 75 (overbought) and its Stochastic is 87 (overbought).
CIFR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.4 | Neutral |
| Stochastic | 7.8 | Oversold |
CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).
AFG PE vs Financial Services Sector
| Metric | AFG | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.3% above |
| PE % | 69 | 63 | 6 pts above |
AFG is trading at 13x earnings, in line with the Financial Services sector's median of 13x.
CIFR PE vs Financial Services Sector
| Metric | CIFR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
CIFR has no meaningful PE right now: it lost money over the past year.
AFG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $148.4 | 8% above |
| 20 week MA | $145.2 | 10% above |
| 50 week MA | $137.3 | 17% above |
| 100 week MA | $134.1 | 20% above |
| 200 week MA | $129.2 | 24% above |
AFG has the edge over CIFR on trend strength, trading above more of its moving averages.
CIFR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.6 | 33% below |
| 20 week MA | $15.5 | 54% below |
| 50 week MA | $17.0 | 58% below |
| 100 week MA | $12.2 | 41% below |
| 200 week MA | $7.86 | 9% below |
CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.
AFG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $109.2 | $87.6 | -20% |
| 2021 | $87.6 | $135.4 | +55% |
| 2022 | $135.4 | $137.8 | +1.8% |
| 2023 | $137.8 | $118.9 | -14% |
| 2024 | $118.9 | $137.0 | +15% |
| 2025 | $137.0 | $138.2 | +0.8% |
| 2026 YTD | $138.2 | $160.3 | +16% |
AFG has the edge over CIFR on returns for 2026, with the stronger performance.
CIFR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.92 | $9.95 | +0.3% |
| 2021 | $9.95 | $5.21 | -48% |
| 2022 | $5.21 | $0.54 | -90% |
| 2023 | $0.54 | $4.13 | +665% |
| 2024 | $4.13 | $4.86 | +18% |
| 2025 | $4.86 | $15.2 | +213% |
| 2026 YTD | $15.2 | $7.15 | -53% |
CIFR's yearly returns have swung widely, from +665% in 2023 to −90% in 2022. It's down 53% so far in 2026.