Cipher Digital Inc. (CIFR) vs Gartner, Inc. (IT)

Cipher Digital Inc. and Gartner, Inc. are both Information Technology Services companies. Gartner, Inc. is the larger, with a market value of $11.3B against $7.6B — 1.5× the size. Cipher Digital Inc. has negative trailing earnings, so its P/E is not meaningful; Gartner, Inc. trades at 16.8×. Cipher Digital Inc. grew revenue faster over the last twelve months: 20.3% against 0.68%. Gartner, Inc. has the higher net margin (12.0% vs −585.8%) and the higher return on invested capital (52.7% vs −15.9%). Across the 17 metrics below, Gartner, Inc. leads on 14 and Cipher Digital Inc. on 3.

Valuation

Metric CIFR IT Information Technology Services median
P/E n/m 16.84 14.63
P/S 37.98 1.93 1.13
P/B 12.91 n/m 2.10
Price to free cash flow n/m 9.69 10.11
EV/EBITDA n/m 9.59 8.56
EV/Sales 45.95 2.16 1.20
Earnings yield (16.13%) 5.94% 4.56%
Free cash flow yield (19.89%) 10.32% 4.37%

Profitability

Metric CIFR IT Information Technology Services median
Gross margin 56.18% 69.63% 31.05%
Operating margin (278.05%) 17.25% 3.30%
Net margin (585.75%) 12.00% 2.09%
Free cash flow margin (754.87%) 19.94% 0.00%
Return on equity (170.77%) 113.58% 4.12%
Return on assets (26.27%) 9.99% 0.61%
Return on invested capital (15.94%) 52.67% 0.57%

Growth

Metric CIFR IT Information Technology Services median
Revenue growth (TTM) 20.30% 0.68% 7.12%
EPS growth (last fiscal year) (1,435.71%) (39.69%) —
Revenue growth, 5-year CAGR — 9.65% 7.71%
Net income growth, 5-year CAGR 0.00% 22.28% 0.00%

Health

Metric CIFR IT Information Technology Services median
Debt to equity 9.86 (17.80) 0.45
Current ratio 3.00 0.88 1.66
Net debt to EBITDA (1.79) 0.91 0.44

Dividend

Metric CIFR IT Information Technology Services median
Dividend yield — — 1.21%
Payout ratio 0.00 0.00 0.00

Size

Metric CIFR IT Information Technology Services median
Market cap 7.64b 11.32b 1.36b

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