Tyler Technologies (NYSE:TYL – Get Free Report) and Cipher Mining (NASDAQ:CIFR – Get Free Report) are both technology companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, earnings, risk, profitability, analyst recommendations, institutional ownership and dividends.
Risk and Volatility
Tyler Technologies has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500. Comparatively, Cipher Mining has a beta of 3.2, meaning that its stock price is 220% more volatile than the S&P 500.
Profitability
This table compares Tyler Technologies and Cipher Mining’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Tyler Technologies | 13.36% | 11.15% | 7.14% |
| Cipher Mining | -585.75% | -156.28% | -21.29% |
Institutional and Insider Ownership
93.3% of Tyler Technologies shares are owned by institutional investors. Comparatively, 12.3% of Cipher Mining shares are owned by institutional investors. 1.1% of Tyler Technologies shares are owned by company insiders. Comparatively, 3.1% of Cipher Mining shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Analyst Ratings
This is a breakdown of recent ratings and target prices for Tyler Technologies and Cipher Mining, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Tyler Technologies | 0 | 4 | 12 | 1 | 2.82 |
| Cipher Mining | 1 | 3 | 16 | 1 | 2.81 |
Tyler Technologies presently has a consensus price target of $453.89, suggesting a potential upside of 24.65%. Cipher Mining has a consensus price target of $28.72, suggesting a potential upside of 186.08%. Given Cipher Mining’s higher probable upside, analysts clearly believe Cipher Mining is more favorable than Tyler Technologies.
Valuation & Earnings
This table compares Tyler Technologies and Cipher Mining”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Tyler Technologies | $2.43 billion | 6.14 | $315.60 million | $7.54 | 48.29 |
| Cipher Mining | $191.09 million | 21.81 | -$822.24 million | ($2.86) | -3.51 |
Tyler Technologies has higher revenue and earnings than Cipher Mining. Cipher Mining is trading at a lower price-to-earnings ratio than Tyler Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Tyler Technologies beats Cipher Mining on 9 of the 14 factors compared between the two stocks.
About Tyler Technologies
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management. It also provides public administration solutions, such as civic services; financial applications with human resources, revenue management, tax billing, utilities, asset management, and payment processing; property and recording service that manages appraisal services, valuation, tax billing and collections, assessment administration, and land and official records; and permitting, licensing, and regulatory management solutions. In addition, the company offers courts and public safety solutions; school ERP and student transportation solutions for K-12 schools; and health and human services solutions. Further, the company offers software as a service arrangements and electronic document filing solutions for courts; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.
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.
Receive News & Ratings for Tyler Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
