CIFR vs EQIX Stock Comparison

Cipher Digital and Equinix Prices as of Oct 26, 2026 Peers: Industry group
CIFR Cipher Digital Inc.
$7.71 -56.5% 1M -62.7% 1Y
Market cap
$3.36B
P/E
–
Revenue (TTM)
$191.09M
Div. yield
–
Data Centers Technology
2 wins
EQIX Equinix Inc
$967.65 -4.0% 1M +15.3% 1Y
Market cap
$97.99B
P/E
63.9x
Revenue (TTM)
$9.81B
Div. yield
–
Data Centers Technology
7 wins

Head to Head

9 decided of 12

Equinix leads on 7 of the 12 questions below (Equinix 7, Cipher Digital 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCIFREQIXLeader
Larger companyMarket capitalisation $3.36B $97.99B EQIX
Cheaper on earningsLower P/E, profitable companies only -3.0x 63.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 54.9x –
Faster revenue growthRevenue growth, trailing twelve months +20.3% +9.6% CIFR
More profitableNet margin, trailing twelve months -585.8% 15.6% EQIX
Better return on capitalReturn on invested capital -9.2% 5.6% EQIX
Less leveragedLower net debt / EBITDA -18.5x 4.0x CIFR
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -62.7% +15.3% EQIX
Better 5-year returnAnnualised price return, 5 years -0.5%/yr +3.2%/yr EQIX
Less volatileAnnualised volatility, 1 year 109.5% 25.8% EQIX
Higher overall scoreMean of the five percentile scores vs peers 20/100 56/100 EQIX

Percentile Scorecard

CIFREQIX

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

AxisCIFREQIX
Valuation 5 #36 of 38 35 #25 of 38
Growth 0 #36 of 36 37 #23 of 36
Profitability 12 #30 of 34 82 #7 of 34
Financial Health 32 #26 of 38 49 #20 of 38
Shareholder Returns 50 #11 of 21 75 #6 of 21
Overall 20 56
  • CIFR ranked among 39 companies in Cloud Computing
  • EQIX ranked among 39 companies in Cloud Computing

Price Performance

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

Returns

PeriodCIFREQIXSPY
1 month -56.5%-4.0% -0.8%
3 months -64.4%-7.6% +3.5%
6 months -57.5%-11.2% +7.0%
Year to date -47.8%+26.3% +12.2%
1 year -62.7%+15.3% +13.0%
3 years +132.2%+36.2% +86.3%
3 years, per year +32.5%+10.9% +23.1%
5 years -2.4%+17.3% +68.6%
5 years, per year -0.5%+3.2% +11.0%
10 years —+163.0% +258.0%
10 years, per year —+10.2% +13.6%

Risk

MeasureCIFREQIXSPY
Volatility, 1Y 109.5%25.8% 12.7%
Downside volatility, 1Y 103.2%23.1% 12.7%
Beta vs S&P 500, 1Y 4.030.55 1.00
Return / volatility, 1Y -0.570.59 1.02
Max drawdown, 5Y -95.8%-40.4% -25.4%
From 52-week high -73.6%-13.3% -1.8%
52-week high $29.18$1,115.94 $779.14
52-week low $7.71$726.09 $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.

MultipleCIFREQIX
P/E now vs peer median -2.8xmedian 29.6x 62.3xmedian 29.6x
P/S now vs peer median 16.7xmedian 4.2x 9.7xmedian 4.2x
EV/EBITDA now vs peer median -31.0xmedian 24.2x 26.1xmedian 24.2x
P/FCF now vs peer median -2.1xmedian 15.1x -37.0xmedian 15.1x
P/B now vs peer median 5.7xmedian 3.9x 6.6xmedian 3.9x
PEG now vs peer median 0.01median 0.38 2.88median 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 monthsCIFREQIX
Revenue $191.09M $9.81B
Gross profit $107.35M $5.05B
Operating income -$531.34M $2.14B
Net income -$1.12B $1.53B
Free cash flow -$1.49B -$2.58B
EPS (diluted) $-2.73 $15.46
Cash & equivalents $831.83M $979.00M
Total debt $5.54B $19.70B
Shares (diluted) 409.38M 99.14M
Enterprise value -$19.66M $86.55B

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
MetricCIFREQIX
P/E -2.8x 62.3x
P/FCF -2.1x -37.0x
P/Operating cash flow -12.5x 24.2x
P/S 16.7x 9.7x
P/B 5.7x 6.6x
P/Tangible book 6.6x 7.2x
EV/EBITDA -31.0x 26.1x
EV/EBIT -14.9x 52.8x
EV/Revenue 41.4x 11.5x
EV/FCF -5.3x -43.7x
EV/Operating cash flow -30.8x 28.7x
PEG (3Y EPS CAGR) 0.01 2.88

Growth

14 metrics
MetricCIFREQIX
Revenue growth (1Y) 20.3% 9.6%
Revenue CAGR (3Y) – 7.2%
Gross profit growth (1Y) 12.6% 12.7%
Gross profit CAGR (3Y) – 8.2%
Operating income growth (1Y) -237.0% 44.5%
Operating income CAGR (3Y) -328.5% 17.1%
Net income growth (1Y) -626.8% 54.2%
Net income CAGR (3Y) -380.6% 23.8%
EPS growth (1Y) -565.9% 52.5%
EPS CAGR (3Y) -307.2% 21.6%
Operating cash flow growth (1Y) -84.6% 12.9%
Operating cash flow CAGR (3Y) -87.7% 9.4%
Free cash flow growth (1Y) -209.9% -860.2%
Free cash flow CAGR (3Y) -151.7% -142.7%

Profitability

14 metrics
MetricCIFREQIX
Gross margin 56.2% 51.5%
EBITDA margin -133.5% 44.1%
Operating margin -278.1% 21.8%
Pretax margin -587.6% 17.4%
Net margin -585.8% 15.6%
FCF margin -780.0% -26.3%
Operating cash flow margin -134.2% 40.2%
Return on equity -175.4% 10.7%
Return on assets -16.1% 3.7%
Return on invested capital -9.2% 5.6%
Return on capital employed -9.5% 5.8%
Asset turnover 0.0x 0.2x
Cash conversion (OCF / net income) 0.2x 2.6x
Stock comp / revenue 47.5% 5.4%

Financial Health

11 metrics
MetricCIFREQIX
Debt / assets 73.9% 48.0%
Debt / equity 9.9x 1.4x
Net debt / EBITDA -18.5x 4.0x
Debt / FCF -3.7x -7.6x
Liabilities / assets 92.5% 65.0%
Equity / assets 7.5% 35.0%
Interest coverage -3.3x 3.8x
Current ratio 3.0x 1.1x
Quick ratio 0.6x 0.9x
Cash ratio 0.6x 0.6x
Altman Z-score 0.25 2.81

Shareholder Returns

7 metrics
MetricCIFREQIX
Dividend yield – 2.1%
Net buyback yield -3.3% -0.1%
Shareholder yield -3.3% 2.0%
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.

ConsensusCIFREQIX
Forward P/E – 54.9xFY2026
EPS, next fiscal year $-1.37FY2026 $17.61FY2026
EPS growth, next FY – +28.0%FY2026
EPS growth, the year after – +10.8%
Revenue, next fiscal year $219.28MFY2026 $10.81BFY2026
Revenue growth, next FY -2.1%FY2026 +17.3%FY2026
Revenue growth, the year after +249.0% -0.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCIFREQIX
Held by institutions 89.1% 97.5%
Institutions holding 461 1,356
Change in shares held, QoQ +19.0% +3.3%
Institutions buying 299 727
Institutions selling 121 420
Buyers to sellers 2.47 1.73

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.

CIFREQIX
CIFR 1.00 0.29
EQIX 0.29 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CIFR and EQIX?

Equinix (EQIX) is the largest by market capitalisation: Cipher Digital (CIFR) $3.36B, Equinix (EQIX) $97.99B.

Which company is growing faster?

Cipher Digital (CIFR) grew revenue fastest over the trailing twelve months: Cipher Digital (CIFR) +20.3%, Equinix (EQIX) +9.6%.

Which company is more profitable?

Equinix (EQIX) has the highest net margin (Cipher Digital (CIFR) -585.8%, Equinix (EQIX) 15.6%). On return on invested capital, Equinix (EQIX) leads (Cipher Digital (CIFR) -9.2%, Equinix (EQIX) 5.6%).

Which stock has performed better?

Over the past year Equinix (EQIX) returned the most: Cipher Digital (CIFR) -62.7%, Equinix (EQIX) +15.3%. Over five years, Equinix (EQIX) compounded fastest (Cipher Digital (CIFR) -0.5%/yr, Equinix (EQIX) +3.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Equinix (EQIX) has been the steadiest (Cipher Digital (CIFR) 109.5%, Equinix (EQIX) 25.8%). Volatility measures how widely the price swings, not the risk of the business.

Do CIFR and EQIX move together?

Their daily returns over the past year have a correlation of 0.29, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, CIFR and EQIX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Equinix (EQIX) leads on 7. 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.