Financial Analysis: Prestige Wealth (NASDAQ:PWM) versus Cipher Mining (NASDAQ:CIFR)

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

Insider & Institutional Ownership

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

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Cipher Mining and Prestige Wealth, as reported 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 currently has a consensus target price of $5.25, indicating a potential upside of 26.81%. Given Cipher Mining’s higher probable upside, analysts plainly believe Cipher Mining is more favorable than Prestige Wealth.

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

Earnings and Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cipher Mining	$126.84 million	9.68	-$25.78 million	($0.10)	-41.40
Prestige Wealth	$350,000.00	26.61	-$1.04 million	N/A	N/A

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

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.