Comparing Soluna (SLNH) & Its Peers

Soluna (NASDAQ:SLNH) is one of 103 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it weigh in compared to its rivals? We will compare Soluna to similar companies based on the strength of its institutional ownership, dividends, profitability, analyst recommendations, risk, earnings and valuation.

Risk & Volatility

Soluna has a beta of 2.65, suggesting that its stock price is 165% more volatile than the S&P 500. Comparatively, Soluna’s rivals have a beta of 5.35, suggesting that their average stock price is 435% more volatile than the S&P 500.

Profitability

This table compares Soluna and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Soluna	-138.62%	-47.43%	-28.17%
Soluna Competitors	-104.16%	-70.39%	-20.50%

Insider & Institutional Ownership

23.2% of Soluna shares are owned by institutional investors. Comparatively, 33.6% of shares of all “Nondepository credit institutions” companies are owned by institutional investors. 22.0% of Soluna shares are owned by insiders. Comparatively, 22.0% of shares of all “Nondepository credit institutions” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of current recommendations for Soluna and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Soluna	0	0	0	0	N/A
Soluna Competitors	425	1600	2388	72	2.47

As a group, “Nondepository credit institutions” companies have a potential upside of 2.90%. Given Soluna’s rivals higher probable upside, analysts clearly believe Soluna has less favorable growth aspects than its rivals.

Valuation & Earnings

This table compares Soluna and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Soluna	$21.07 million	-$29.20 million	-0.09
Soluna Competitors	$2.76 billion	$394.47 million	16.73

Soluna’s rivals have higher revenue and earnings than Soluna. Soluna is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Soluna rivals beat Soluna on 7 of the 9 factors compared.

Soluna Company Profile

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. The company operates through two segments, Cryptocurrency Mining and Data Center Hosting. It also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.