CIFR

Cipher Mining Inc.

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

RLI

RLI Corp.

52
Fundamentals60/ 100
Valuation52/ 100
Upside potential30/ 100
Risk potential22/ 100

RLI's fundamentals are mixed: its operating margin rose 2 points to 25%, while revenue grew 4.6%. At 16x earnings, it's trading below its usual 19x. Analysts expect earnings to hold roughly steady.

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.

RLI Fundamentals

MetricStatus
Stable
Strong
N/A
N/A

RLI's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like RLI.

CIFR PE Valuation

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

RLI PE Valuation

CHEAPFAIREXPENSIVE16x31x47x63x
CHEAPFAIREXPENSIVE16x31x47x63x
LevelPEPriceVs current
Cheap12x$51.93-25%
Current16x$69.12—
Fair19x$81.55+18%
Forward25x$69.12—
Expensive31x$134+94%

Historical ranges are pointers, not guarantees.

RLI's PE is in its cheap range at 16x. On analysts' estimates for next year's earnings, today's price would be 25x, in its expensive range.

CIFR Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
Strongly improving
Limited
Low

CIFR has the edge over RLI on the outlook, with more favorable earnings and revenue expectations.

RLI Forward outlook

MetricOutlook
Strongly deteriorating
Stable
Stable
Weakening
Limited
Moderate

Analysts expect RLI's profitability to weaken, with its earnings and revenue holding steady.

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 RLI's risk to reward.

RLI Risk to reward

ScenarioChangePrice
Upside+10%$75.71
Downside-22%$53.64

Calculated from the latest close: $69.12 on Nov 12.

There is not enough scenario data to compare CIFR and RLI'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.

RLI Earnings Per Share

Q4 2023: $3.31Q1 2024: $3.62Q2 2024: $3.66Q3 2024: $4.54Q4 2024: $3.74Q1 2025: $3.04Q2 2025: $3.49Q3 2025: $3.81Q4 2025: $4.37Q1 2026: $4.29Q2 2026: $4.77Q3 2026: $4.30Forward: $2.73
Q4 2023: $3.31Q1 2024: $3.62Q2 2024: $3.66Q3 2024: $4.54Q4 2024: $3.74Q1 2025: $3.04Q2 2025: $3.49Q3 2025: $3.81Q4 2025: $4.37Q1 2026: $4.29Q2 2026: $4.77Q3 2026: $4.30Forward: $2.73
QuarterTTM EPSYoY
Forward$2.73-36%
Q3 2026$4.30+13%
Q2 2026$4.77+37%
Q1 2026$4.29+41%
Q4 2025$4.37+17%
Q3 2025$3.81-16%
Q2 2025$3.49-4.6%
Q1 2025$3.04-16%
Q4 2024$3.74+13%

RLI 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.

RLI Quarterly Revenue

Q4 2023: $434MQ1 2024: $445MQ2 2024: $416MQ3 2024: $470MQ4 2024: $439MQ1 2025: $408MQ2 2025: $500MQ3 2025: $509MQ4 2025: $466MQ1 2026: $424MQ2 2026: $576MQ3 2026: $477M
Q4 2023: $434MQ1 2024: $445MQ2 2024: $416MQ3 2024: $470MQ4 2024: $439MQ1 2025: $408MQ2 2025: $500MQ3 2025: $509MQ4 2025: $466MQ1 2026: $424MQ2 2026: $576MQ3 2026: $477M
QuarterRevenueYoY
Q3 2026$477M-6.3%
Q2 2026$575.6M+15%
Q1 2026$423.9M+4%
Q4 2025$465.7M+6.1%
Q3 2025$509.3M+8.4%
Q2 2025$499.8M+20%
Q1 2025$407.7M-8.4%
Q4 2024$439.1M+1.3%

RLI 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.

RLI Free Cash Flow

Q4 2023: $122MQ1 2024: $70MQ2 2024: $139MQ3 2024: $219MQ4 2024: $128MQ1 2025: $102MQ2 2025: $173MQ3 2025: $178MQ4 2025: $155MQ1 2026: $42MQ2 2026: $142MQ3 2026: $192M
Q4 2023: $122MQ1 2024: $70MQ2 2024: $139MQ3 2024: $219MQ4 2024: $128MQ1 2025: $102MQ2 2025: $173MQ3 2025: $178MQ4 2025: $155MQ1 2026: $42MQ2 2026: $142MQ3 2026: $192M
QuarterFree cash flowYoY
Q3 2026$192.4M+8.2%
Q2 2026$142.4M-18%
Q1 2026$41.8M-59%
Q4 2025$155M+21%
Q3 2025$177.8M-19%
Q2 2025$173.4M+25%
Q1 2025$102.5M+47%
Q4 2024$127.6M+4.9%

RLI 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 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.

RLI Total Shares

Q4 2023: 92MQ1 2024: 92MQ2 2024: 92MQ3 2024: 92MQ4 2024: 92MQ1 2025: 93MQ2 2025: 93MQ3 2025: 92MQ4 2025: 92MQ1 2026: 92MQ2 2026: 92MQ3 2026: 92M
Q4 2023: 92MQ1 2024: 92MQ2 2024: 92MQ3 2024: 92MQ4 2024: 92MQ1 2025: 93MQ2 2025: 93MQ3 2025: 92MQ4 2025: 92MQ1 2026: 92MQ2 2026: 92MQ3 2026: 92M
PeriodChange %Net change
Quarterly+0.1%+91K shares
1 year-0.1%-59K shares
3 years+0.1%+121K shares
5 years+1%+873K shares
Available history+1.9%+1.7M shares

RLI has the edge over CIFR on shareholder dilution, with a more favorable share count trend.

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.

RLI Net Leverage

CIFR Weekly Momentum

MetricValueStatus
RSI34.4Neutral
Stochastic7.8Oversold

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

RLI Weekly Momentum

MetricValueStatus
RSI65.5Neutral
Stochastic82.5Overbought

RLI's weekly RSI is 65 (neutral) and its Stochastic is 83 (overbought).

CIFR PE vs Financial Services Sector

MetricCIFRSector medianRelative
PEN/A13x—

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

RLI PE vs Financial Services Sector

MetricRLISector medianRelative
PE16x13x23% above
PE %276336 pts below

RLI is trading at 16x earnings, a 23% premium 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.

RLI Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$62.012% above
20 week MA$62.211% above
50 week MA$59.616% above
100 week MA$65.55.5% above
200 week MA$68.11.5% above

RLI 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.

RLI Yearly ROI

YearStart priceEnd priceROI
2020$44.9$51.9+16%
2021$51.9$54.7+5.4%
2022$54.7$66.9+22%
2023$66.9$66.6-0.4%
2024$66.6$83.0+25%
2025$83.0$64.7-22%
2026 YTD$64.7$69.1+6.8%

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

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