Financial Contrast: Soluna (SLNH) vs. Its Rivals

Soluna (NASDAQ:SLNH) is one of 97 public companies in the “Nondepository credit institutions” industry, but how does it contrast to its peers? We will compare Soluna to similar businesses based on the strength of its risk, institutional ownership, earnings, analyst recommendations, valuation, profitability and dividends.

Risk and 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 peers have a beta of 5.67, suggesting that their average stock price is 467% more volatile than the S&P 500.

Earnings & Valuation

This table compares Soluna and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Soluna	$21.07 million	-$29.20 million	-0.05
Soluna Competitors	$3.09 billion	$425.87 million	17.02

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.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Soluna and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Soluna	0	0	0	0	N/A
Soluna Competitors	397	1537	2308	72	2.48

As a group, “Nondepository credit institutions” companies have a potential upside of 7.41%. Given Soluna’s peers higher possible upside, analysts plainly believe Soluna has less favorable growth aspects than its peers.

Institutional & Insider Ownership

23.2% of Soluna shares are owned by institutional investors. Comparatively, 34.8% of shares of all “Nondepository credit institutions” companies are owned by institutional investors. 22.0% of Soluna shares are owned by insiders. Comparatively, 22.3% of shares of all “Nondepository credit institutions” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Soluna and its peers’ 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	-38.99%	-69.88%	-0.27%

Summary

Soluna peers beat Soluna on 9 of the 10 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.