AMSF
AMERISAFE, Inc.
AMSF's fundamentals are mixed, but it looks cheap: trading at 9.0x earnings, below its usual 15x. Analysts expect earnings to decline.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
AMSF Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
AMSF's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like AMSF.
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.
AMSF PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 9x | $19.32 | — |
| Forward | 10x | $19.32 | — |
| Cheap | 12x | $26.07 | +35% |
| Fair | 15x | $31.51 | +63% |
| Expensive | 18x | $38.29 | +98% |
Historical ranges are pointers, not guarantees.
AMSF's PE is in its cheap range at 9.0x. Analysts expect earnings to fall, which would put today's price at 10x next year's earnings.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
AMSF Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect AMSF's earnings and profitability to decline, with its revenue holding steady.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over AMSF on the outlook, with more favorable earnings and revenue expectations.
AMSF Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.87 | -13% |
| Q3 2026 | $2.15 | -18% |
| Q2 2026 | $2.48 | -6.1% |
| Q1 2026 | $2.43 | -2% |
| Q4 2025 | $2.47 | -15% |
| Q3 2025 | $2.61 | -18% |
| Q2 2025 | $2.64 | -11% |
| Q1 2025 | $2.48 | -23% |
| Q4 2024 | $2.89 | -11% |
AMSF 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.
AMSF Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $79.8M | -2.6% |
| Q2 2026 | $92M | +13% |
| Q1 2026 | $80.1M | +10% |
| Q4 2025 | $81.6M | +10% |
| Q3 2025 | $82M | +4.2% |
| Q2 2025 | $81.1M | +6.9% |
| Q1 2025 | $72.6M | -9.8% |
| Q4 2024 | $74M | -7.6% |
AMSF has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -10 points |
| Q2 2026 | 20% | -1.7 points |
| Q1 2026 | 13% | -2.8 points |
| Q4 2025 | 16% | -7.1 points |
| Q3 2025 | 21% | -1.3 points |
| Q2 2025 | 22% | +3.4 points |
| Q1 2025 | 15% | -10 points |
| Q4 2024 | 23% | -7.2 points |
AMSF 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.
AMSF Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.8M | -71% |
| Q2 2026 | $1.8M | +$11.3M |
| Q1 2026 | -$2.7M | -$930K |
| Q4 2025 | $10.5M | -3.4% |
| Q3 2025 | $9.8M | +16% |
| Q2 2025 | -$9.5M | -$6.9M |
| Q1 2025 | -$1.8M | -127% |
| Q4 2024 | $10.8M | +174% |
AMSF 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.
AMSF Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -62.3K shares |
| 1 year | -2.3% | -432K shares |
| 3 years | -3% | -584K shares |
| 5 years | -4% | -768K shares |
| Available history | -3.6% | -689K shares |
AMSF has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
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.
AMSF Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -1.1x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -0.8x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.6x | Net Cash |
AMSF has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like AMSF.
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.
AMSF Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 24.6 | Oversold |
| Stochastic | 1.7 | Oversold |
AMSF's weekly RSI is 25 (oversold) and its Stochastic is 2 (oversold).
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).
AMSF PE vs Financial Services Sector
| Metric | AMSF | Sector median | Relative |
|---|---|---|---|
| PE | 9x | 13x | 31% below |
| PE % | 0 | 63 | 63 pts below |
AMSF is trading at 9.0x earnings, a 31% discount 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.
AMSF Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.9 | 15% below |
| 20 week MA | $26.5 | 27% below |
| 50 week MA | $31.3 | 38% below |
| 100 week MA | $38.9 | 50% below |
| 200 week MA | $44.7 | 57% below |
AMSF is in a downtrend: it's below all five of its weekly moving averages, and 57% below its 200-week average.
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.
AMSF Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $65.7 | $57.2 | -13% |
| 2021 | $57.2 | $51.6 | -9.8% |
| 2022 | $51.6 | $53.3 | +3.3% |
| 2023 | $53.3 | $46.8 | -12% |
| 2024 | $46.8 | $51.6 | +10% |
| 2025 | $51.6 | $38.5 | -25% |
| 2026 YTD | $38.5 | $19.3 | -50% |
AMSF 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.