Soluna (NASDAQ:SLNH – Get Free Report) is one of 102 public companies in the “Nondepository credit institutions” industry, but how does it compare to its peers? We will compare Soluna to similar companies based on the strength of its analyst recommendations, profitability, dividends, risk, valuation, institutional ownership and earnings.
Valuation and Earnings
This table compares Soluna and its peers gross 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 | $3.13 billion | $398.63 million | 17.11 |
Soluna’s peers have higher revenue and earnings than Soluna. Soluna is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Soluna | -138.62% | -47.43% | -28.17% |
Soluna Competitors | -114.74% | -70.88% | -20.33% |
Volatility & Risk
Soluna has a beta of 2.65, meaning that its stock price is 165% more volatile than the S&P 500. Comparatively, Soluna’s peers have a beta of 5.40, meaning that their average stock price is 440% more volatile than the S&P 500.
Insider & Institutional Ownership
23.2% of Soluna shares are held by institutional investors. Comparatively, 34.1% of shares of all “Nondepository credit institutions” companies are held by institutional investors. 22.0% of Soluna shares are held by company insiders. Comparatively, 21.7% of shares of all “Nondepository credit institutions” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Analyst Ratings
This is a breakdown of current recommendations for Soluna and its peers, as provided 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 | 2385 | 72 | 2.47 |
As a group, “Nondepository credit institutions” companies have a potential upside of 3.57%. Given Soluna’s peers higher probable upside, analysts clearly believe Soluna has less favorable growth aspects than its peers.
Summary
Soluna peers beat Soluna on 8 of the 10 factors compared.
About Soluna
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.
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