Cipher Mining (NASDAQ:CIFR – Get Free Report) and Digihost Technology (NASDAQ:DGHI – Get Free Report) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, dividends, valuation, profitability and analyst recommendations.
Insider and Institutional Ownership
12.3% of Cipher Mining shares are held by institutional investors. Comparatively, 1.9% of Digihost Technology shares are held by institutional investors. 2.3% of Cipher Mining shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of recent ratings and target prices for Cipher Mining and Digihost Technology, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Cipher Mining | 0 | 0 | 8 | 2 | 3.20 |
| Digihost Technology | 0 | 0 | 1 | 0 | 3.00 |
Volatility and Risk
Cipher Mining has a beta of 2.18, suggesting that its share price is 118% more volatile than the S&P 500. Comparatively, Digihost Technology has a beta of 5.25, suggesting that its share price is 425% more volatile than the S&P 500.
Earnings and Valuation
This table compares Cipher Mining and Digihost Technology”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Cipher Mining | $126.84 million | 17.91 | -$25.78 million | ($0.13) | -50.23 |
| Digihost Technology | $26.11 million | 2.20 | -$21.89 million | ($0.54) | -3.22 |
Digihost Technology has lower revenue, but higher earnings than Cipher Mining. Cipher Mining is trading at a lower price-to-earnings ratio than Digihost Technology, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Cipher Mining and Digihost Technology’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Cipher Mining | -33.39% | -8.29% | -7.29% |
| Digihost Technology | -27.10% | -26.99% | -20.02% |
Summary
Cipher Mining beats Digihost Technology on 10 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 Digihost Technology
Digihost Technology Inc. operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc. was incorporated in 2017 and is headquartered in Houston, Texas.
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