Soluna (NASDAQ:SLNH – Get Free Report) is one of 98 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it weigh in compared to its rivals? We will compare Soluna to related businesses based on the strength of its earnings, institutional ownership, dividends, profitability, risk, valuation and analyst recommendations.
Risk & Volatility
Soluna has a beta of 2.65, indicating that its share price is 165% more volatile than the S&P 500. Comparatively, Soluna’s rivals have a beta of 5.64, indicating that their average share price is 464% more volatile than the S&P 500.
Institutional and Insider Ownership
23.2% of Soluna shares are owned by institutional investors. Comparatively, 34.3% of shares of all “Nondepository credit institutions” companies are owned by institutional investors. 22.0% of Soluna shares are owned by insiders. Comparatively, 21.4% of shares of all “Nondepository credit institutions” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Soluna | 0 | 0 | 0 | 0 | N/A |
Soluna Competitors | 406 | 1575 | 2328 | 72 | 2.47 |
As a group, “Nondepository credit institutions” companies have a potential upside of 2.32%. Given Soluna’s rivals higher probable upside, analysts plainly believe Soluna has less favorable growth aspects than its rivals.
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 | -41.15% | -72.68% | -0.53% |
Earnings and Valuation
This table compares Soluna and its rivals gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Soluna | $21.07 million | -$29.20 million | -0.06 |
Soluna Competitors | $3.28 billion | $415.97 million | 18.18 |
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 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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