Head to Head Comparison: Soluna (SLNH) and Its Competitors

Soluna (NASDAQ:SLNH) is one of 98 publicly-traded companies in the “Nondepository credit institutions” industry, but how does it weigh in compared to its peers? We will compare Soluna to related companies based on the strength of its valuation, earnings, analyst recommendations, institutional ownership, risk, dividends and profitability.

Volatility & Risk

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 5.64, suggesting that their average stock price is 464% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations 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	406	1575	2328	72	2.47

As a group, “Nondepository credit institutions” companies have a potential upside of 2.32%. Given Soluna’s peers higher probable upside, analysts plainly believe Soluna has less favorable growth aspects than its peers.

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	-41.15%	-72.68%	-0.53%

Insider & Institutional 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 hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Soluna and its peers top-line 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 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.

Summary

Soluna peers beat Soluna on 8 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.