CIFR

Cipher Mining Inc.

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

WTBA

West Bancorporation, Inc.

61
Fundamentals76/ 100
Valuation43/ 100
Upside potential62/ 100
Risk potential15/ 100

WTBA's fundamentals are strong: its operating margin rose 8 points to 49% and revenue grew 16%. At 13x earnings, it's trading in line with its usual 12x. Analysts expect 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.

WTBA Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

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

CIFR PE Valuation

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

WTBA PE Valuation

CHEAPFAIREXPENSIVE4.9x9.9x15x20x
CHEAPFAIREXPENSIVE4.9x9.9x15x20x
LevelPEPriceVs current
Cheap8.3x$19.63-35%
Forward11x$30.20—
Fair12x$27.64-8.5%
Expensive13x$31.44+4.1%
Current13x$30.20—

Historical ranges are pointers, not guarantees.

WTBA's PE is in its expensive range at 13x. If earnings grow as analysts expect, today's price would be 11x next year's earnings, in its fair 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.

WTBA Forward outlook

MetricOutlook
Improving
Growth
Growth
Improving
Limited
High

Analysts expect earnings and revenue growth for WTBA, 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 WTBA's risk to reward.

WTBA Risk to reward

ScenarioChangePrice
Upside+24%$37.32
Downside-15%$25.81

Calculated from the latest close: $30.20 on Nov 12.

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

WTBA Earnings Per Share

Q4 2023: $1.44Q1 2024: $1.32Q2 2024: $1.28Q3 2024: $1.28Q4 2024: $1.42Q1 2025: $1.53Q2 2025: $1.69Q3 2025: $1.89Q4 2025: $1.92Q1 2026: $2.07Q2 2026: $2.24Q3 2026: $2.36Forward: $2.75
Q4 2023: $1.44Q1 2024: $1.32Q2 2024: $1.28Q3 2024: $1.28Q4 2024: $1.42Q1 2025: $1.53Q2 2025: $1.69Q3 2025: $1.89Q4 2025: $1.92Q1 2026: $2.07Q2 2026: $2.24Q3 2026: $2.36Forward: $2.75
QuarterTTM EPSYoY
Forward$2.75+17%
Q3 2026$2.36+25%
Q2 2026$2.24+33%
Q1 2026$2.07+35%
Q4 2025$1.92+35%
Q3 2025$1.89+48%
Q2 2025$1.69+32%
Q1 2025$1.53+16%
Q4 2024$1.42-1.4%

WTBA 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.

WTBA Quarterly Revenue

Q4 2023: $18MQ1 2024: $19MQ2 2024: $20MQ3 2024: $20MQ4 2024: $21MQ1 2025: $23MQ2 2025: $24MQ3 2025: $25MQ4 2025: $23MQ1 2026: $27MQ2 2026: $28MQ3 2026: $29M
Q4 2023: $18MQ1 2024: $19MQ2 2024: $20MQ3 2024: $20MQ4 2024: $21MQ1 2025: $23MQ2 2025: $24MQ3 2025: $25MQ4 2025: $23MQ1 2026: $27MQ2 2026: $28MQ3 2026: $29M
QuarterRevenueYoY
Q3 2026$29.1M+16%
Q2 2026$28.1M+18%
Q1 2026$26.9M+17%
Q4 2025$23.3M+12%
Q3 2025$25M+23%
Q2 2025$23.8M+22%
Q1 2025$23.1M+21%
Q4 2024$20.9M+14%

WTBA 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.

WTBA Free Cash Flow

Q4 2023: −$4MQ1 2024: −$4MQ2 2024: $3MQ3 2024: $7MQ4 2024: $8MQ1 2025: $8MQ2 2025: $13MQ3 2025: $11MQ4 2025: $11MQ1 2026: $12MQ2 2026: $14MQ3 2026: $16M
Q4 2023: −$4MQ1 2024: −$4MQ2 2024: $3MQ3 2024: $7MQ4 2024: $8MQ1 2025: $8MQ2 2025: $13MQ3 2025: $11MQ4 2025: $11MQ1 2026: $12MQ2 2026: $14MQ3 2026: $16M
QuarterFree cash flowYoY
Q3 2026$15.6M+45%
Q2 2026$14.1M+10%
Q1 2026$12.4M+50%
Q4 2025$11.4M+39%
Q3 2025$10.8M+55%
Q2 2025$12.8M+366%
Q1 2025$8.3M+$12.5M
Q4 2024$8.2M+$12.7M

WTBA 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.

WTBA Total Shares

Q4 2023: 17MQ1 2024: 17MQ2 2024: 17MQ3 2024: 17MQ4 2024: 17MQ1 2025: 17MQ2 2025: 17MQ3 2025: 17MQ4 2025: 17MQ1 2026: 17MQ2 2026: 17MQ3 2026: 17M
Q4 2023: 17MQ1 2024: 17MQ2 2024: 17MQ3 2024: 17MQ4 2024: 17MQ1 2025: 17MQ2 2025: 17MQ3 2025: 17MQ4 2025: 17MQ1 2026: 17MQ2 2026: 17MQ3 2026: 17M
PeriodChange %Net change
Quarterly+0.6%+105K shares
1 year+1.7%+291K shares
3 years+3.2%+538K shares
5 years+3%+503K shares
Available history+5%+826K shares

WTBA 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.

WTBA Net Leverage

Q4 2023: 6.2xQ1 2024: 1.8xQ2 2024: 1.8xQ3 2024: 1.5xQ4 2024: 1.6xQ1 2025: 1.2xQ2 2025: 1.1xQ3 2025: 1.2xQ4 2025: 1.2xQ1 2026: 0.8xQ2 2026: 0.9xQ3 2026: 1.0x
Q4 2023: 6.2xQ1 2024: 1.8xQ2 2024: 1.8xQ3 2024: 1.5xQ4 2024: 1.6xQ1 2025: 1.2xQ2 2025: 1.1xQ3 2025: 1.2xQ4 2025: 1.2xQ1 2026: 0.8xQ2 2026: 0.9xQ3 2026: 1.0x
QuarterNet LeverageStatus
Q3 20261.0xHealthy
Q2 20260.9xVery low
Q1 20260.8xVery low
Q4 20251.2xHealthy
Q3 20251.2xHealthy
Q2 20251.1xHealthy
Q1 20251.2xHealthy
Q4 20241.6xHealthy

WTBA's net debt is about a year of its operating earnings (EBITDA), down from 1.2 years a year ago. Net leverage isn't a meaningful measure for financial services companies like WTBA.

CIFR Weekly Momentum

MetricValueStatus
RSI34.4Neutral
Stochastic7.8Oversold

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

WTBA Weekly Momentum

MetricValueStatus
RSI62.3Neutral
Stochastic67.4Neutral

WTBA's weekly RSI is 62 (neutral) and its Stochastic is 67 (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.

WTBA PE vs Financial Services Sector

MetricWTBASector medianRelative
PE13x13x1.7% below
PE %756312 pts above

WTBA is trading at 13x earnings, in line with 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.

WTBA Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$29.71.5% above
20 week MA$28.84.7% above
50 week MA$25.917% above
100 week MA$23.131% above
200 week MA$21.044% above

WTBA 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.

WTBA Yearly ROI

YearStart priceEnd priceROI
2020$25.5$19.4-24%
2021$19.4$31.2+61%
2022$31.2$25.1-19%
2023$25.1$21.2-16%
2024$21.2$21.8+2.8%
2025$21.8$22.5+3.4%
2026 YTD$22.5$30.2+34%

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

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