CIFR
Cipher Mining Inc.
There isn't enough reported data to score CIFR yet.
THG
The Hanover Insurance Group, Inc.
THG's fundamentals are mixed: earnings per share grew 21%, while revenue grew 5%. At 12x earnings, it's trading in line with its usual 13x. Analysts expect earnings growth.
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.
THG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
THG's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like THG.
CIFR PE Valuation
CIFR has no meaningful PE right now: it lost money over the past year.
THG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $219 | -12% |
| Current | 12x | $248 | — |
| Fair | 13x | $273 | +9.9% |
| Forward | 13x | $248 | — |
| Expensive | 17x | $360 | +45% |
Historical ranges are pointers, not guarantees.
THG's PE is in its fair range at 12x. On analysts' estimates for next year's earnings, today's price would be 13x.
CIFR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
CIFR has the edge over THG on the outlook, with more favorable revenue expectations.
THG Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect THG's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
THG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $19.65 | -6% |
| Q3 2026 | $20.90 | +21% |
| Q2 2026 | $20.94 | +38% |
| Q1 2026 | $19.86 | +65% |
| Q4 2025 | $18.16 | +55% |
| Q3 2025 | $17.30 | +71% |
| Q2 2025 | $15.20 | +101% |
| Q1 2025 | $12.02 | +167% |
| Q4 2024 | $11.70 | +1094% |
THG 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.
THG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +4.2% |
| Q2 2026 | $1.7B | +4.3% |
| Q1 2026 | $1.7B | +6.1% |
| Q4 2025 | $1.7B | +5.5% |
| Q3 2025 | $1.7B | +6.4% |
| Q2 2025 | $1.7B | +7.7% |
| Q1 2025 | $1.6B | +3.4% |
| Q4 2024 | $1.6B | +3.6% |
THG has the edge over CIFR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -0.8 points |
| Q2 2026 | 15% | +1.9 points |
| Q1 2026 | 15% | +3.1 points |
| Q4 2025 | 17% | +1.2 points |
| Q3 2025 | 15% | +5.3 points |
| Q2 2025 | 13% | +6.5 points |
| Q1 2025 | 12% | +2 points |
| Q4 2024 | 16% | +5.7 points |
THG 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.
THG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $518M | -6.1% |
| Q2 2026 | $209.4M | +2.2% |
| Q1 2026 | $115.3M | +211% |
| Q4 2025 | $377M | +79% |
| Q3 2025 | $551.4M | +41% |
| Q2 2025 | $204.9M | +49% |
| Q1 2025 | $37.1M | -34% |
| Q4 2024 | $210.5M | +133% |
THG 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.
THG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -100K shares |
| 1 year | -2.5% | -900K shares |
| 3 years | -1.7% | -600K shares |
| 5 years | -2.2% | -800K shares |
| Available history | -13% | -5.1M shares |
THG has the edge over CIFR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $86.4M |
| Q2 2026 | $55M |
| Q1 2026 | $86.9M |
| Q4 2025 | $54.6M |
| Q3 2025 | $36M |
| Q2 2025 | $27.6M |
| Q1 2025 | $11M |
| Q3 2023 | — |
THG spent $283M buying back its own shares over the past year.
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.
THG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.5x | Very low |
THG's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like THG.
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).
THG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 73.1 | Overbought |
| Stochastic | 82.0 | Overbought |
THG's weekly RSI is 73 (overbought) and its Stochastic is 82 (overbought).
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.
THG PE vs Financial Services Sector
| Metric | THG | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 8.8% below |
| PE % | 36 | 63 | 27 pts below |
THG is trading at 12x earnings, in line with 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 |
CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.
THG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $232.5 | 6.7% above |
| 20 week MA | $227.3 | 9.1% above |
| 50 week MA | $200.1 | 24% above |
| 100 week MA | $184.1 | 35% above |
| 200 week MA | $156.4 | 59% above |
THG has the edge over CIFR on trend strength, trading above more of its moving averages.
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.
THG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $136.4 | $116.1 | -15% |
| 2021 | $116.1 | $127.7 | +10% |
| 2022 | $127.7 | $137.4 | +7.6% |
| 2023 | $137.4 | $121.4 | -12% |
| 2024 | $121.4 | $154.3 | +27% |
| 2025 | $154.3 | $184.2 | +19% |
| 2026 YTD | $184.2 | $248.0 | +35% |
THG has the edge over CIFR on returns for 2026, with the stronger performance.