Financial Review: Cipher Mining (NASDAQ:CIFR) and Prestige Wealth (NASDAQ:PWM)

Cipher Mining (NASDAQ:CIFR) and Prestige Wealth (NASDAQ:PWM) are both small-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, analyst recommendations, dividends, risk, earnings, valuation and institutional ownership.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Cipher Mining and Prestige Wealth, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cipher Mining	0	1	6	0	2.86
Prestige Wealth	0	0	0	0	N/A

Cipher Mining presently has a consensus target price of $5.42, suggesting a potential upside of 42.92%. Given Cipher Mining’s higher probable upside, equities research analysts clearly believe Cipher Mining is more favorable than Prestige Wealth.

Earnings & Valuation

This table compares Cipher Mining and Prestige Wealth’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cipher Mining	$126.84 million	8.86	-$25.78 million	($0.10)	-37.90
Prestige Wealth	$350,000.00	27.00	-$1.04 million	N/A	N/A

Prestige Wealth has lower revenue, but higher earnings than Cipher Mining.

Insider & Institutional Ownership

12.3% of Cipher Mining shares are held by institutional investors. Comparatively, 7.7% of Prestige Wealth shares are held by institutional investors. 2.3% of Cipher Mining shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Cipher Mining and Prestige Wealth’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cipher Mining	-20.32%	-6.78%	-5.69%
Prestige Wealth	N/A	N/A	N/A

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 Prestige Wealth

Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services. It assists its clients in identifying and purchasing wealth and asset management products. The company offers its services primarily for high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals in Asia primarily in the mainland China or Hong Kong. The company was incorporated in 2018 and is based in Central, Hong Kong. Prestige Wealth Inc. is a subsidiary of Prestige Financial Holdings Group Limited.