CIFR

Cipher Mining Inc.

There isn't enough reported data to score CIFR yet.

FMNB

Farmers National Banc Corp.

54
Fundamentals57/ 100
Valuation40/ 100
Upside potential62/ 100
Risk potential13/ 100

FMNB's fundamentals are mixed: revenue grew 32%, but its operating margin fell 2 points to 34%. At 11x earnings, it's trading above its usual 9.4x. Analysts expect strong earnings growth.

CIFR Fundamentals

MetricStatus
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.

FMNB Fundamentals

MetricStatus
Strong
Healthy
N/A
N/A

FMNB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FMNB.

CIFR PE Valuation

CIFR has no meaningful PE right now: it lost money over the past year.

FMNB PE Valuation

CHEAPFAIREXPENSIVE3.4x6.8x10x14x
CHEAPFAIREXPENSIVE3.4x6.8x10x14x
LevelPEPriceVs current
Cheap8.4x$11.73-24%
Forward8.9x$15.46—
Fair9.4x$13.07-15%
Expensive11x$15.07-2.5%
Current11x$15.46—

Historical ranges are pointers, not guarantees.

FMNB's PE is in its expensive range at 11x. If earnings grow as analysts expect, today's price would be 8.9x next year's earnings, in its cheap range.

CIFR Forward outlook

MetricOutlook
--
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.

FMNB Forward outlook

MetricOutlook
Strongly improving
Strong growth
Growth
Improving
Limited
Moderate

Analysts expect earnings and revenue growth for FMNB, with profitability improving.

CIFR Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $7.15 on Nov 12.

There is not enough scenario data to compare CIFR and FMNB's risk to reward.

FMNB Risk to reward

ScenarioChangePrice
Upside+21%$18.76
Downside-13%$13.47

Calculated from the latest close: $15.46 on Nov 12.

There is not enough scenario data to compare CIFR and FMNB's risk to reward.

CIFR Earnings Per Share

Q4 2023: $-0.10Q1 2024: $0.06Q2 2024: $0.06Q3 2024: $-0.13Q4 2024: $-0.14Q1 2025: $-0.38Q2 2025: $-0.45Q3 2025: $-0.20Q4 2025: $-2.15Q1 2026: $-2.32Q2 2026: $-2.85Q3 2026: $-3.06
Q4 2023: $-0.10Q1 2024: $0.06Q2 2024: $0.06Q3 2024: $-0.13Q4 2024: $-0.14Q1 2025: $-0.38Q2 2025: $-0.45Q3 2025: $-0.20Q4 2025: $-2.15Q1 2026: $-2.32Q2 2026: $-2.85Q3 2026: $-3.06
QuarterTTM EPSYoY
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.

FMNB Earnings Per Share

Q4 2023: $1.33Q1 2024: $1.44Q2 2024: $1.35Q3 2024: $1.22Q4 2024: $1.22Q1 2025: $1.28Q2 2025: $1.34Q3 2025: $1.44Q4 2025: $1.45Q1 2026: $1.45Q2 2026: $1.47Q3 2026: $1.39Forward: $1.75
Q4 2023: $1.33Q1 2024: $1.44Q2 2024: $1.35Q3 2024: $1.22Q4 2024: $1.22Q1 2025: $1.28Q2 2025: $1.34Q3 2025: $1.44Q4 2025: $1.45Q1 2026: $1.45Q2 2026: $1.47Q3 2026: $1.39Forward: $1.75
QuarterTTM EPSYoY
Forward$1.75+26%
Q3 2026$1.39-3.5%
Q2 2026$1.47+9.7%
Q1 2026$1.45+13%
Q4 2025$1.45+19%
Q3 2025$1.44+18%
Q2 2025$1.34-0.7%
Q1 2025$1.28-11%
Q4 2024$1.22-8.3%

FMNB has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.

CIFR Quarterly Revenue

Q4 2023: $43MQ1 2024: $48MQ2 2024: $37MQ3 2024: $24MQ4 2024: $42MQ1 2025: $49MQ2 2025: $44MQ3 2025: $72MQ4 2025: $60MQ1 2026: $35MQ2 2026: $25MQ3 2026: $27M
Q4 2023: $43MQ1 2024: $48MQ2 2024: $37MQ3 2024: $24MQ4 2024: $42MQ1 2025: $49MQ2 2025: $44MQ3 2025: $72MQ4 2025: $60MQ1 2026: $35MQ2 2026: $25MQ3 2026: $27M
QuarterRevenueYoY
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.

FMNB Quarterly Revenue

Q4 2023: $45MQ1 2024: $40MQ2 2024: $42MQ3 2024: $44MQ4 2024: $44MQ1 2025: $45MQ2 2025: $47MQ3 2025: $48MQ4 2025: $49MQ1 2026: $56MQ2 2026: $70MQ3 2026: $66M
Q4 2023: $45MQ1 2024: $40MQ2 2024: $42MQ3 2024: $44MQ4 2024: $44MQ1 2025: $45MQ2 2025: $47MQ3 2025: $48MQ4 2025: $49MQ1 2026: $56MQ2 2026: $70MQ3 2026: $66M
QuarterRevenueYoY
Q3 2026$65.9M+38%
Q2 2026$70.4M+50%
Q1 2026$56.3M+26%
Q4 2025$49.1M+11%
Q3 2025$47.7M+8%
Q2 2025$47M+13%
Q1 2025$44.7M+12%
Q4 2024$44.2M-1.9%

FMNB has the edge over CIFR on sales, with more consistent year-over-year improvement.

CIFR Free Cash Flow

Q4 2023: −$114MQ1 2024: −$35MQ2 2024: −$33MQ3 2024: −$83MQ4 2024: −$76MQ1 2025: −$72MQ2 2025: −$88MQ3 2025: −$256MQ4 2025: −$280MQ1 2026: −$462MQ2 2026: −$654MQ3 2026: −$1.7B
Q4 2023: −$114MQ1 2024: −$35MQ2 2024: −$33MQ3 2024: −$83MQ4 2024: −$76MQ1 2025: −$72MQ2 2025: −$88MQ3 2025: −$256MQ4 2025: −$280MQ1 2026: −$462MQ2 2026: −$654MQ3 2026: −$1.7B
QuarterFree cash flowYoY
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.

FMNB Free Cash Flow

Q4 2023: $14MQ1 2024: $13MQ2 2024: $16MQ3 2024: $24MQ4 2024: --Q1 2025: $12MQ2 2025: $12MQ3 2025: $9MQ4 2025: $19MQ1 2026: $7MQ2 2026: $26MQ3 2026: $28M
Q4 2023: $14MQ1 2024: $13MQ2 2024: $16MQ3 2024: $24MQ4 2024: --Q1 2025: $12MQ2 2025: $12MQ3 2025: $9MQ4 2025: $19MQ1 2026: $7MQ2 2026: $26MQ3 2026: $28M
QuarterFree cash flowYoY
Q3 2026$28.1M+211%
Q2 2026$26M+109%
Q1 2026$7.1M-42%
Q3 2025$9M-62%
Q2 2025$12.4M-25%
Q1 2025$12.2M-7.5%
Q3 2024$23.7M+21%
Q2 2024$16.5M+8.6%

FMNB has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.

CIFR Total Shares

Q4 2023: 252MQ1 2024: 304MQ2 2024: 314MQ3 2024: 333MQ4 2024: 323MQ1 2025: 361MQ2 2025: 375MQ3 2025: 393MQ4 2025: 382MQ1 2026: 405MQ2 2026: 409MQ3 2026: 440M
Q4 2023: 252MQ1 2024: 304MQ2 2024: 314MQ3 2024: 333MQ4 2024: 323MQ1 2025: 361MQ2 2025: 375MQ3 2025: 393MQ4 2025: 382MQ1 2026: 405MQ2 2026: 409MQ3 2026: 440M
PeriodChange %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 FMNB on shareholder dilution, with a more favorable share count trend.

FMNB Total Shares

Q4 2023: 37MQ1 2024: 37MQ2 2024: 37MQ3 2024: 38MQ4 2024: 38MQ1 2025: 38MQ2 2025: 38MQ3 2025: 38MQ4 2025: 38MQ1 2026: 45MQ2 2026: 59MQ3 2026: 59M
Q4 2023: 37MQ1 2024: 37MQ2 2024: 37MQ3 2024: 38MQ4 2024: 38MQ1 2025: 38MQ2 2025: 38MQ3 2025: 38MQ4 2025: 38MQ1 2026: 45MQ2 2026: 59MQ3 2026: 59M
PeriodChange %Net change
Quarterly+0.1%+78.4K shares
1 year+57%+21.6M shares
3 years+59%+21.9M shares
5 years+109%+30.9M shares
Available history+113%+31.4M shares

FMNB has 59M diluted shares, up 57% from a year ago.

CIFR Net Leverage

Q4 2023: -2.2xQ1 2024: -0.9xQ2 2024: -1.2xQ3 2024: -0.7xQ4 2024: 0.5xQ1 2025: 125.4xQ3 2025: -2.3x
Q4 2023: -2.2xQ1 2024: -0.9xQ2 2024: -1.2xQ3 2024: -0.7xQ4 2024: 0.5xQ1 2025: 125.4xQ3 2025: -2.3x
QuarterNet LeverageStatus
Q3 2025-2.3xNet Cash
Q1 2025125.4xHigh
Q4 20240.5xVery low
Q3 2024-0.7xNet Cash
Q2 2024-1.2xNet Cash
Q1 2024-0.9xNet Cash
Q4 2023-2.2xNet Cash
Q2 2023-0.1xNet Cash

CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.

FMNB Net Leverage

Q4 2023: 6.3xQ1 2024: 5.8xQ2 2024: 7.0xQ3 2024: 5.7xQ4 2024: 6.0xQ1 2025: 2.6xQ2 2025: 4.0xQ3 2025: 4.1xQ4 2025: 4.8xQ1 2026: 5.2xQ2 2026: 4.7xQ3 2026: 5.4x
Q4 2023: 6.3xQ1 2024: 5.8xQ2 2024: 7.0xQ3 2024: 5.7xQ4 2024: 6.0xQ1 2025: 2.6xQ2 2025: 4.0xQ3 2025: 4.1xQ4 2025: 4.8xQ1 2026: 5.2xQ2 2026: 4.7xQ3 2026: 5.4x
QuarterNet LeverageStatus
Q3 20265.4xHigh
Q2 20264.7xHigh
Q1 20265.2xHigh
Q4 20254.8xHigh
Q3 20254.1xHigh
Q2 20254.0xHigh
Q1 20252.6xModerate
Q4 20246.0xHigh

FMNB's net debt is about 5.4 years of its operating earnings (EBITDA), up from 4.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like FMNB.

CIFR Weekly Momentum

MetricValueStatus
RSI34.4Neutral
Stochastic7.8Oversold

CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).

FMNB Weekly Momentum

MetricValueStatus
RSI55.0Neutral
Stochastic43.3Neutral

FMNB's weekly RSI is 55 (neutral) and its Stochastic is 43 (neutral).

CIFR PE vs Financial Services Sector

MetricCIFRSector medianRelative
PEN/A13x—

CIFR has no meaningful PE right now: it lost money over the past year.

FMNB PE vs Financial Services Sector

MetricFMNBSector medianRelative
PE11x13x15% below
PE %876324 pts above

FMNB is trading at 11x earnings, a 15% discount to the Financial Services sector's median of 13x.

CIFR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$10.633% below
20 week MA$15.554% below
50 week MA$17.058% below
100 week MA$12.241% below
200 week MA$7.869% below

CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.

FMNB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$15.40.3% above
20 week MA$15.40.2% above
50 week MA$14.47.5% above
100 week MA$14.010% above
200 week MA$13.614% above

FMNB has the edge over CIFR on trend strength, trading above more of its moving averages.

CIFR Yearly ROI

YearStart priceEnd priceROI
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.

FMNB Yearly ROI

YearStart priceEnd priceROI
2020$16.4$13.2-19%
2021$13.2$18.3+39%
2022$18.3$14.2-22%
2023$14.2$14.5+1.5%
2024$14.5$14.0-3.1%
2025$14.0$13.7-2.4%
2026 YTD$13.7$15.5+13%

FMNB has the edge over CIFR on returns for 2026, with the stronger performance.

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