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Company Analysis

TeraWulf Inc. WULF

A comprehensive view of key metrics, scores, and financial health for TeraWulf Inc.

Overview of TeraWulf Inc.

WULF NCM
Financial Services Capital Markets Framework: General Corporate Mid Cap
TeraWulf Inc. (WULF), is a Mid Cap company, in the Capital Markets industry, last closed at $10.94, about 0.0% overvalued vs fair value, -23.4% 1Y return, ranked 554/1078 in sector.
Metrics Rev Growth 20.3% ROE -343.7% Gross Margin 50.9%
USD 10.94
-6.73%
(Delayed)
• Vol 90d: 90.8%
Market Cap
$5.46B
Enterprise Value
$8.05B
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Weak
Health
Fair
Efficiency
Good
Valuation
Fair
Growth
Weak
Profitability
Weak
Health
Fair
Efficiency
Good
Valuation
Fair
Completeness: 88%
Confidence: 91%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.terawulf.com
HQ Easton, MD
Employees 141
Fiscal year Dec 31

Next Events

Earnings Nov 6 Call: Nov 6

Fair Value Snapshot

Bear Base Bull
$-1
$-1
$-1
Current: $10.94

Engine Room Money Flow™

Mid Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$168.5M
20.3%%
Gross Profit
$85.8M
10.8%%
Operating Income
-$186.2M
-144.3%%
Net Income
-$661.4M
-813.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio FY2025
178.9%

Operating Cash Flow / Net Income

FCF / Net Income - not meaningful while net income is negative (a near-100% ratio here only reflects cash burn tracking accounting losses, not earnings quality)

Locked Metric
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
2
Active Leaks
0/2
Improving
0
High Impact
2
Critical
Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating TeraWulf Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
38
/100
Developing
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Operating Leverage in Effect Operating leverage is evident (score 0.90), with margins expanding over time.

Key risks

  • Volatile Margins Suggest Cyclicality Margin volatility is high (stability score 0.30), suggesting cyclical exposure or competitive pressure.
  • Inconsistent Cash Generation Cash generation is inconsistent (score 0.20), indicating operational challenges.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

vs Industry Peers 92% Coverage
Trade-Off Triangle Visualization A ternary plot showing WULF's balance between Growth (58.8%), Profitability (16.1%), and Safety (25.1%). Growth 59% Safety 25% Profitability 16%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

62th percentile vs peers
62
Key Signals
Revenue CAGR 3Y 1.24 96p Rev Growth YoY 20.3% 74p EPS Growth YoY -7.07 1p
Strengths
  • Revenue CAGR 3Y in top 20% of peers (1.24, 96th percentile)
  • Growth above peer median with strong metric coverage (75%)
  • Debt/FCF Ratio in top 20% of peers (-4.37, 89th percentile)
Risks
  • EPS Growth YoY in bottom 20% of peers (-7.07)

Profitability

17th percentile vs peers
17
Key Signals
Strengths
Risks
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Safety

26th percentile vs peers
27
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for TeraWulf Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
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XX.X%
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Bear
-
- - -
- upside
-
Base
$-1.25
- - -
- upside
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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