Cipher Mining (NASDAQ:CIFR – Get Free Report) and Bitcoin Depot (NASDAQ:BTM – Get Free Report) are both small-cap business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, profitability, earnings, institutional ownership and dividends.
Analyst Recommendations
This is a summary of current ratings and price targets for Cipher Mining and Bitcoin Depot, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Cipher Mining | 0 | 0 | 7 | 2 | 3.22 |
| Bitcoin Depot | 0 | 1 | 2 | 1 | 3.00 |
Cipher Mining currently has a consensus price target of $7.21, indicating a potential upside of 32.13%. Bitcoin Depot has a consensus price target of $3.67, indicating a potential upside of 156.41%. Given Bitcoin Depot’s higher probable upside, analysts clearly believe Bitcoin Depot is more favorable than Cipher Mining.
Volatility and Risk
Profitability
This table compares Cipher Mining and Bitcoin Depot’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Cipher Mining | 11.43% | 3.41% | 2.98% |
| Bitcoin Depot | -3.10% | -307.37% | -22.72% |
Insider & Institutional Ownership
12.3% of Cipher Mining shares are owned by institutional investors. Comparatively, 9.2% of Bitcoin Depot shares are owned by institutional investors. 2.3% of Cipher Mining shares are owned by insiders. Comparatively, 20.1% of Bitcoin Depot shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Earnings and Valuation
This table compares Cipher Mining and Bitcoin Depot”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Cipher Mining | $158.67 million | 10.67 | -$25.78 million | $0.06 | 91.00 |
| Bitcoin Depot | $688.97 million | 0.12 | -$26.10 million | ($1.31) | -1.09 |
Cipher Mining has higher earnings, but lower revenue than Bitcoin Depot. Bitcoin Depot is trading at a lower price-to-earnings ratio than Cipher Mining, indicating that it is currently the more affordable of the two stocks.
Summary
Cipher Mining beats Bitcoin Depot on 12 of the 15 factors compared between the two stocks.
About Cipher Mining
Cipher Mining Inc., together with its subsidiaries, engages in the development and operation of industrial scale bitcoin mining data centers in the United States. The company was incorporated in 2020 and is based in New York, New York. Cipher Mining Inc. operates as a subsidiary of Bitfury Holding B.V.
About Bitcoin Depot
Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade. The company is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.
Receive News & Ratings for Cipher Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cipher Mining and related companies with MarketBeat.com's FREE daily email newsletter.
