BRW
Saba Capital Income & Opportunities Fund
There isn't enough reported data to score BRW yet.
CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
BRW Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| N/A | |
| N/A |
BRW's profitability is currently healthy. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like BRW.
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.
BRW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 7.4x | $5.71 | — |
| Cheap | 8x | $6.15 | +7.8% |
| Fair | 19x | $14.66 | +157% |
| Expensive | 64x | $49.43 | +766% |
Historical ranges are pointers, not guarantees.
BRW's PE is 7.4x, but its earnings don't support one, so it isn't a reliable read right now.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
BRW Forward outlook
There aren't enough analyst estimates for BRW to show an outlook.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect CIFR's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
BRW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2021 | -$0.31 | -321% |
| Q4 2020 | -$0.60 | -314% |
| Q3 2020 | -$0.82 | -686% |
| Q2 2020 | -$1.22 | -521% |
| Q1 2020 | $0.14 | -52% |
| Q4 2019 | $0.28 | -15% |
| Q3 2019 | $0.14 | -75% |
BRW has the stronger earnings trend. Trailing diluted EPS is up 28% for BRW versus CIFR down 1,630%.
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.
BRW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.7M | -31% |
| Q1 2026 | $6.7M | -31% |
| Q4 2023 | $20.8M | +79% |
| Q3 2023 | $7.7M | +318% |
| Q2 2023 | $24.4M | +192% |
| Q1 2023 | $4.6M | +22% |
| Q4 2022 | $11.6M | +208% |
| Q2 2022 | $8.4M | +153% |
BRW has the stronger quarterly revenue trend. Revenue is down 31% for BRW versus down 63% for CIFR.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 95% | +17 points |
| Q1 2026 | 95% | +17 points |
| Q4 2025 | -83% | N/A |
| Q3 2025 | -83% | -127 points |
| Q2 2025 | 78% | -109 points |
| Q1 2025 | 78% | -39 points |
| Q4 2023 | 44% | +31 points |
| Q3 2023 | 187% | +207 points |
BRW's operating margin was 95% last quarter, up 17 points from the same quarter a year ago.
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.
BRW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$110.7M | -351% |
| Q1 2026 | -$110.7M | -351% |
| Q2 2025 | $44.1M | +$75.6M |
| Q2 2024 | -$31.6M | +$27M |
| Q4 2023 | -$283.8M | -6601% |
| Q3 2023 | -$56.1M | -$38.7M |
| Q2 2023 | -$58.6M | -$46.5M |
| Q1 2023 | $139M | +$159.1M |
CIFR has the stronger cash trend. Its trailing FCF is down 974% versus its history, compared with BRW at down 5,494%.
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.
BRW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +22% | +9.4M shares |
| 3 years | -29% | -21.1M shares |
| 5 years | -30% | -22M shares |
| Available history | -30% | -22M shares |
BRW has 52M diluted shares, up 22% from a year ago, despite $10M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $4.8M |
| Q1 2026 | $4.8M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q2 2024 | — |
| Q4 2023 | — |
BRW spent $10M buying back its own shares over the past year.
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 the edge over BRW on shareholder dilution, with a more favorable share count trend.
| 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.
BRW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 4.3x | High |
| Q4 2025 | 3.5x | Elevated |
BRW's net debt is about 4.3 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like BRW.
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.
BRW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.9 | Oversold |
| Stochastic | 15.7 | Oversold |
BRW's weekly RSI is 29 (oversold) and its Stochastic is 16 (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).
BRW PE vs Financial Services Sector
| Metric | BRW | Sector median | Relative |
|---|---|---|---|
| PE | 7.4x | 13x | 43% below |
| PE % | 10 | 63 | 53 pts below |
BRW is trading at 7.4x earnings, a 43% discount to the Financial Services sector's median of 13x, though its earnings don't support one.
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.
BRW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.95 | 4% below |
| 20 week MA | $6.30 | 9.4% below |
| 50 week MA | $6.57 | 13% below |
| 100 week MA | $7.17 | 20% below |
| 200 week MA | $7.39 | 23% below |
BRW is in a downtrend: it's below all five of its weekly moving averages, and 23% 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.
BRW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.0 | $9.00 | -10% |
| 2021 | $9.00 | $9.14 | +1.6% |
| 2022 | $9.14 | $7.48 | -18% |
| 2023 | $7.48 | $7.71 | +3.1% |
| 2024 | $7.71 | $7.54 | -2.2% |
| 2025 | $7.54 | $6.95 | -7.8% |
| 2026 YTD | $6.95 | $5.71 | -18% |
BRW 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.