CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
MBBC
Marathon Bancorp, Inc.
MBBC's fundamentals are strong and it looks cheap: trading at 23x earnings, less than half its usual 55x.
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.
MBBC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MBBC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MBBC.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
MBBC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 23x | $14.90 | — |
| Cheap | 35x | $22.80 | +53% |
| Fair | 55x | $35.52 | +138% |
| Expensive | 155x | $101 | +575% |
Historical ranges are pointers, not guarantees.
MBBC's PE is in its cheap range at 23x.
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.
MBBC Forward outlook
There aren't enough analyst estimates for MBBC to show an outlook.
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.
MBBC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.65 | +829% |
| Q2 2026 | $0.66 | +$0.69 |
| Q1 2026 | $0.37 | +118% |
| Q4 2025 | $0.24 | +$0.34 |
| Q3 2025 | $0.07 | +$0.10 |
| Q2 2025 | -$0.03 | +$0.04 |
| Q1 2025 | $0.17 | +143% |
| Q4 2024 | -$0.10 | -124% |
MBBC has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.
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.
MBBC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.5M | +16% |
| Q2 2026 | $2.3M | +22% |
| Q1 2026 | $2.3M | +38% |
| Q4 2025 | $2.2M | +42% |
| Q3 2025 | $2.1M | +33% |
| Q2 2025 | $1.9M | +23% |
| Q1 2025 | $1.7M | +7.6% |
| Q4 2024 | $1.6M | -4.6% |
MBBC has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | -2.6 points |
| Q2 2026 | 17% | +40 points |
| Q1 2026 | 26% | +15 points |
| Q4 2025 | 26% | +23 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -23% | -27 points |
| Q1 2025 | 12% | +65 points |
| Q4 2024 | 3.3% | -11 points |
MBBC has the edge over CIFR on profitability, with a higher operating margin.
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.
MBBC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.6M | +242% |
| Q2 2026 | $54.1K | +$584.3K |
| Q1 2026 | $110.1K | -86% |
| Q4 2025 | $1.4M | +1233% |
| Q3 2025 | $456.6K | -50% |
| Q2 2025 | -$530.3K | -353% |
| Q1 2025 | $773.2K | +$1.8M |
| Q4 2024 | $105K | -62% |
MBBC has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.
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.
MBBC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.9% | +52.8K shares |
| 1 year | +3.4% | +91.6K shares |
| 3 years | -4% | -116K shares |
| 5 years | -5.4% | -158K shares |
MBBC has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $148,875 |
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.
MBBC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.3x | Healthy |
| Q2 2026 | 7.0x | High |
| Q1 2026 | 13.8x | High |
| Q4 2025 | 14.3x | High |
| Q3 2025 | 19.7x | High |
| Q2 2025 | 41.7x | High |
| Q1 2025 | 16.6x | High |
| Q1 2024 | 34.2x | High |
MBBC's net debt is about 1.3 years of its operating earnings (EBITDA), down from 20 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MBBC.
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).
MBBC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.4 | Neutral |
| Stochastic | 47.1 | Neutral |
MBBC's weekly RSI is 53 (neutral) and its Stochastic is 47 (neutral).
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.
MBBC PE vs Financial Services Sector
| Metric | MBBC | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 13x | 76% above |
| PE % | 11 | 19 | 8 pts below |
MBBC is trading at 23x earnings, a 76% premium to the Financial Services sector's median of 13x.
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 |
MBBC has stronger trend alignment. CIFR is above 0 of 5 weekly averages versus MBBC above 2 of 3.
MBBC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.9 | 0.3% above |
| 20 week MA | $15.0 | 0.7% below |
| 50 week MA | $14.1 | 5.4% above |
MBBC's trend is mixed: it's above two of its three weekly moving averages, and 5.4% above its 50-week average.
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.
MBBC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $7.49 | $12.2 | +63% |
| 2026 YTD | $12.2 | $14.9 | +22% |
MBBC has the edge over CIFR on returns for 2026, with the stronger performance.