APLD vs SIFY vs CIFR Stock Comparison

Applied Digital, Sify Technologies and Cipher Digital Prices as of Oct 27, 2026 Peers: Industry group
APLD Applied Digital Corp.
$19.51 -25.7% 1M -43.2% 1Y
Market cap
$5.80B
P/E
–
Revenue (TTM)
$853.85M
Div. yield
–
Data Centers Technology
2 wins
SIFY Sify Technologies Ltd
$12.30 -7.9% 1M +1.6% 1Y
Market cap
$890.95M
P/E
–
Revenue (TTM)
$384.50M
Div. yield
–
Data Centers Technology
5 wins
CIFR Cipher Digital Inc.
$8.48 -52.2% 1M -58.7% 1Y
Market cap
$3.51B
P/E
–
Revenue (TTM)
$191.09M
Div. yield
–
Data Centers Technology
2 wins

Head to Head

9 decided of 12

Sify Technologies leads on 5 of the 12 questions below (Sify Technologies 5, Applied Digital 2, Cipher Digital 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPLDSIFYCIFRLeader
Larger companyMarket capitalisation $5.80B $890.95M $3.51B APLD
Cheaper on earningsLower P/E, profitable companies only -12.1x -57.6x -3.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 615.0x — –
Faster revenue growthRevenue growth, trailing twelve months +286.2% +5.7% +20.3% APLD
More profitableNet margin, trailing twelve months -54.9% -4.0% -585.8% SIFY
Better return on capitalReturn on invested capital -4.1% 5.4% -9.2% SIFY
Less leveragedLower net debt / EBITDA -18.4x -9.4x -18.5x CIFR
Higher dividend yieldTrailing dividend yield — 0.00% — –
Better 1-year returnPrice return, last 12 months -43.2% +1.6% -58.7% SIFY
Better 5-year returnAnnualised price return, 5 years -7.5%/yr -9.8%/yr +2.0%/yr CIFR
Less volatileAnnualised volatility, 1 year 101.3% 61.0% 109.7% SIFY
Higher overall scoreMean of the five percentile scores vs peers 35/100 53/100 20/100 SIFY

Percentile Scorecard

APLDSIFYCIFR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPLDSIFYCIFR
Valuation 30 #27 of 38 68 #13 of 38 5 #36 of 38
Growth 51 #18 of 36 31 #25 of 36 0 #36 of 36
Profitability 30 #24 of 34 61 #14 of 34 12 #30 of 34
Financial Health 43 #22 of 38 – 32 #26 of 38
Shareholder Returns 20 #17 of 21 – 50 #11 of 21
Overall 35 53 20
  • APLD ranked among 39 companies in Cloud Computing
  • SIFY ranked among 39 companies in Cloud Computing
  • CIFR ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPLDSIFYCIFRSPY
1 month -25.7%-7.9%-52.2% -0.2%
3 months -26.7%-13.1%-58.5% +3.9%
6 months -39.2%-18.8%-50.9% +8.2%
Year to date -20.4%+0.9%-42.5% +12.9%
1 year -43.2%+1.6%-58.7% +12.3%
3 years +305.6%+41.4%+155.4% +87.4%
3 years, per year +59.5%+12.2%+36.7% +23.3%
5 years -32.4%-40.2%+10.3% +67.9%
5 years, per year -7.5%-9.8%+2.0% +10.9%
10 years +22,171.7%+95.2%— +261.1%
10 years, per year +71.7%+6.9%— +13.7%

Risk

MeasureAPLDSIFYCIFRSPY
Volatility, 1Y 101.3%61.0%109.7% 12.7%
Downside volatility, 1Y 95.0%62.0%103.2% 12.7%
Beta vs S&P 500, 1Y 4.432.134.06 1.00
Return / volatility, 1Y -0.430.03-0.54 0.97
Max drawdown, 5Y -97.0%-91.8%-95.8% -25.4%
From 52-week high -60.7%-28.7%-70.9% -1.2%
52-week high $49.65$17.24$29.18 $779.14
52-week low $17.83$10.37$7.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPLDSIFYCIFR
P/E now vs peer median -12.1xmedian 29.5x -57.6xmedian 29.5x -3.1xmedian 29.5x
P/S now vs peer median 6.8xmedian 4.5x 2.3xmedian 4.5x 18.4xmedian 4.5x
EV/EBITDA now vs peer median -49.6xmedian 23.9x -23.3xmedian 23.9x -32.2xmedian 23.9x
P/FCF now vs peer median -1.3xmedian 15.0x —median 15.0x -2.4xmedian 15.0x
P/B now vs peer median 3.6xmedian 4.3x 4.4xmedian 4.3x 6.2xmedian 4.3x
PEG now vs peer median 0.26median 0.38 1.16median 0.38 0.01median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPLDSIFYCIFR
Revenue $853.85M $384.50M $191.09M
Gross profit $273.30M $206.52M $107.35M
Operating income -$303.82M $39.31M -$531.34M
Net income -$351.47M -$15.57M -$1.12B
Free cash flow -$4.46B – -$1.49B
EPS (diluted) $-1.61 $-0.21 $-2.73
Cash & equivalents $2.95B – $831.83M
Total debt $6.38B $599.45M $5.54B
Shares (diluted) 291.56M 72.46M 409.38M
Enterprise value -$379.12M $890.95M $155.81M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPLDSIFYCIFR
P/E -12.1x -57.6x -3.1x
P/FCF -1.3x – -2.4x
P/Operating cash flow 24.6x – -13.7x
P/S 6.8x 2.3x 18.4x
P/B 3.6x 4.4x 6.2x
P/Tangible book 3.6x 4.4x 7.2x
EV/EBITDA -49.6x -23.3x -32.2x
EV/EBIT -30.4x 37.9x -15.5x
EV/Revenue 10.8x 3.9x 43.0x
EV/FCF -2.1x – -5.5x
EV/Operating cash flow 39.2x – -32.1x
PEG (3Y EPS CAGR) 0.26 1.16 0.01

Growth

14 metrics
MetricAPLDSIFYCIFR
Revenue growth (1Y) 286.2% 5.7% 20.3%
Revenue CAGR (3Y) 115.9% -65.1% –
Gross profit growth (1Y) 653.6% 12.2% 12.6%
Gross profit CAGR (3Y) 134.2% 65.9% –
Operating income growth (1Y) -254.9% 49.9% -237.0%
Operating income CAGR (3Y) -87.5% -10.7% -328.5%
Net income growth (1Y) -44.2% 19.3% -626.8%
Net income CAGR (3Y) -88.1% -73.4% -380.6%
EPS growth (1Y) -66.0% 31.2% -565.9%
EPS CAGR (3Y) -46.3% -49.8% -307.2%
Operating cash flow growth (1Y) 294.3% – -84.6%
Operating cash flow CAGR (3Y) 72.3% – -87.7%
Free cash flow growth (1Y) -346.5% – -209.9%
Free cash flow CAGR (3Y) -272.4% – -151.7%

Profitability

14 metrics
MetricAPLDSIFYCIFR
Gross margin 32.0% 53.7% 56.2%
EBITDA margin -21.8% -16.7% -133.5%
Operating margin -35.6% 10.2% -278.1%
Pretax margin -40.2% 3.1% -587.6%
Net margin -54.9% -4.0% -585.8%
FCF margin -521.8% – -780.0%
Operating cash flow margin 27.5% – -134.2%
Return on equity -21.1% -10.8% -175.4%
Return on assets -3.2% – -16.1%
Return on invested capital -4.1% 5.4% -9.2%
Return on capital employed -3.3% – -9.5%
Asset turnover 0.1x – 0.0x
Cash conversion (OCF / net income) -0.7x – 0.2x
Stock comp / revenue 31.8% – 47.5%

Financial Health

11 metrics
MetricAPLDSIFYCIFR
Debt / assets 54.5% – 73.9%
Debt / equity 4.0x 3.0x 9.9x
Net debt / EBITDA -18.4x -9.4x -18.5x
Debt / FCF -1.4x – -3.7x
Liabilities / assets 86.3% – 92.5%
Equity / assets 13.7% – 7.5%
Interest coverage -3.1x 2.0x -3.3x
Current ratio 2.6x – 3.0x
Quick ratio 1.9x – 0.6x
Cash ratio 1.9x – 0.6x
Altman Z-score 0.49 – 0.28

Shareholder Returns

7 metrics
MetricAPLDSIFYCIFR
Dividend yield – – –
Net buyback yield -15.9% – -3.0%
Shareholder yield -15.9% 0.0% -3.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPLDSIFYCIFR
Forward P/E – 615.0xFY2026 –
EPS, next fiscal year $-1.69FY2026 $0.02FY2026 $-1.37FY2026
EPS growth, the year after – +150.0% –
Revenue, next fiscal year $1.00BFY2026 $765.58MFY2026 $219.28MFY2026
Revenue growth, next FY +64.0%FY2026 +8.7%FY2026 -2.1%FY2026
Revenue growth, the year after +87.8% +30.6% +249.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPLDSIFYCIFR
Held by institutions 74.5% 4.6% 89.1%
Institutions holding 564 42 461
Change in shares held, QoQ +8.6% +2.8% +19.0%
Institutions buying 339 27 299
Institutions selling 164 4 121
Buyers to sellers 2.07 6.75 2.47

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APLDSIFYCIFR
APLD 1.00 0.35 0.75
SIFY 0.35 1.00 0.26
CIFR 0.75 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APLD, SIFY and CIFR?

Applied Digital (APLD) is the largest by market capitalisation: Applied Digital (APLD) $5.80B, Sify Technologies (SIFY) $890.95M, Cipher Digital (CIFR) $3.51B.

Which company is growing faster?

Applied Digital (APLD) grew revenue fastest over the trailing twelve months: Applied Digital (APLD) +286.2%, Sify Technologies (SIFY) +5.7%, Cipher Digital (CIFR) +20.3%.

Which company is more profitable?

Sify Technologies (SIFY) has the highest net margin (Applied Digital (APLD) -54.9%, Sify Technologies (SIFY) -4.0%, Cipher Digital (CIFR) -585.8%). On return on invested capital, Sify Technologies (SIFY) leads (Applied Digital (APLD) -4.1%, Sify Technologies (SIFY) 5.4%, Cipher Digital (CIFR) -9.2%).

Which stock has performed better?

Over the past year Sify Technologies (SIFY) returned the most: Applied Digital (APLD) -43.2%, Sify Technologies (SIFY) +1.6%, Cipher Digital (CIFR) -58.7%. Over five years, Cipher Digital (CIFR) compounded fastest (Applied Digital (APLD) -7.5%/yr, Sify Technologies (SIFY) -9.8%/yr, Cipher Digital (CIFR) +2.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Sify Technologies (SIFY) has been the steadiest (Applied Digital (APLD) 101.3%, Sify Technologies (SIFY) 61.0%, Cipher Digital (CIFR) 109.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APLD, SIFY and CIFR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sify Technologies (SIFY) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.