AFL
Aflac Incorporated
AFL's fundamentals are weak and it looks expensive: trading at 19x earnings, about twice its usual 10x. Its downside scenario is about five times its upside.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
AFL Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
AFL's profitability is currently healthy, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like AFL.
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.
AFL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.5x | $57.77 | -54% |
| Fair | 10x | $68.92 | -46% |
| Expensive | 14x | $98.12 | -22% |
| Forward | 17x | $127 | — |
| Current | 19x | $127 | — |
Historical ranges are pointers, not guarantees.
AFL's PE is in its expensive range at 19x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
AFL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect AFL's earnings to grow and its profitability to improve, with its revenue holding steady.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over AFL on the outlook, with more favorable revenue expectations.
AFL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.62 | +12% |
| Q3 2026 | $6.80 | -12% |
| Q2 2026 | $9.27 | +109% |
| Q1 2026 | $8.75 | +36% |
| Q4 2025 | $6.82 | -29% |
| Q3 2025 | $7.69 | +16% |
| Q2 2025 | $4.44 | -53% |
| Q1 2025 | $6.43 | -29% |
| Q4 2024 | $9.63 | +24% |
AFL 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.
AFL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.3B | -31% |
| Q2 2026 | $4.1B | -1% |
| Q1 2026 | $4.3B | +28% |
| Q4 2025 | $4.9B | -9.9% |
| Q3 2025 | $4.7B | +61% |
| Q2 2025 | $4.2B | -19% |
| Q1 2025 | $3.4B | -37% |
| Q4 2024 | $5.4B | +43% |
AFL's revenue has slid since its 2020 peak: $3.3B last quarter, down 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | -27 points |
| Q2 2026 | 24% | +4.4 points |
| Q1 2026 | 28% | +24 points |
| Q4 2025 | 32% | -7.2 points |
| Q3 2025 | 42% | +39 points |
| Q2 2025 | 20% | -20 points |
| Q1 2025 | 4.3% | -36 points |
| Q4 2024 | 40% | +32 points |
AFL 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 has the edge over AFL on sales, with more consistent year-over-year improvement.
| 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.
AFL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -4.4% |
| Q2 2026 | $112M | -72% |
| Q1 2026 | $968M | +64% |
| Q4 2025 | $315M | -5.4% |
| Q3 2025 | $1.3B | -1.4% |
| Q2 2025 | $399M | +56% |
| Q1 2025 | $589M | -31% |
| Q4 2024 | $333M | -60% |
AFL 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.
AFL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -6.9M shares |
| 1 year | -6.3% | -33.3M shares |
| 3 years | -16% | -94.9M shares |
| 5 years | -26% | -173M shares |
| Available history | -33% | -248M shares |
AFL has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $803M |
| Q2 2026 | $984M |
| Q1 2026 | $1B |
| Q4 2025 | $801M |
| Q3 2025 | $1B |
| Q2 2025 | $829M |
| Q1 2025 | $900M |
| Q4 2024 | $750M |
AFL spent $3.6B buying back its own shares over the past year, up 3.1% 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.
AFL Net Leverage
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.
AFL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.7 | Neutral |
| Stochastic | 71.0 | Neutral |
AFL's weekly RSI is 64 (neutral) and its Stochastic is 71 (neutral).
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).
AFL PE vs Financial Services Sector
| Metric | AFL | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 13x | 43% above |
| PE % | 96 | 63 | 33 pts above |
AFL is trading at 19x earnings, a 43% premium to 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.
AFL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $119.3 | 6% above |
| 20 week MA | $120.1 | 5.3% above |
| 50 week MA | $115.5 | 9.5% above |
| 100 week MA | $110.8 | 14% above |
| 200 week MA | $97.3 | 30% above |
AFL 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.
AFL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $52.6 | $43.8 | -17% |
| 2021 | $43.8 | $57.7 | +32% |
| 2022 | $57.7 | $71.8 | +24% |
| 2023 | $71.8 | $82.5 | +15% |
| 2024 | $82.5 | $103.4 | +25% |
| 2025 | $103.4 | $109.9 | +6.3% |
| 2026 YTD | $109.9 | $126.5 | +15% |
AFL 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.