SLNH Stock Overview
Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining.
Soluna Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$8.11|
|52 Week High||US$17.08|
|52 Week Low||US$5.69|
|1 Month Change||-18.08%|
|3 Month Change||-12.32%|
|1 Year Change||2.79%|
|3 Year Change||591.68%|
|5 Year Change||889.02%|
|Change since IPO||17.73%|
Recent News & Updates
Is It Better To Own Bitcoin Or Bitcoin Mining Stocks?
Bitcoin is well off its highs, so is it better to buy the coin, or companies that mine it? We look at several examples of miners in contrast to the prospects of buying the OG crypto. I highlight my pick of the bunch.
Soluna Holdings: Unknown, Massively Undervalued, And Revolutionizing Renewable Energy With Green Computing
Soluna Holdings currently has an annualized cash contribution margin of over $23 million with an enterprise value of only about $150M. Scaling rapidly and on track to reach 1 exahash per second of computing power by March of 2022 with 50MWs energized. At 1 EH/s, the annualized cash contribution margin should exceed $40M based on current network difficulty and bitcoin pricing. The upside in SLNH shares is exponential and the downside is extremely limited, even in a crypto winter, due to their revolutionary business model. If SLNH successfully energizes 233MW, as planned, by the end of 2022, the enterprise value of the company should exceed $2B (over 10x from current levels).
|SLNH||US Electronic||US Market|
Return vs Industry: SLNH exceeded the US Electronic industry which returned -12.3% over the past year.
Return vs Market: SLNH exceeded the US Market which returned -10.4% over the past year.
|SLNH Average Weekly Movement||11.7%|
|Electronic Industry Average Movement||7.7%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: SLNH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: SLNH's weekly volatility (12%) has been stable over the past year.
About the Company
Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York.
Soluna Holdings Fundamentals Summary
|SLNH fundamental statistics|
Is SLNH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SLNH income statement (TTM)|
|Cost of Revenue||US$2.44m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.50|
|Net Profit Margin||-48.92%|
How did SLNH perform over the long term?See historical performance and comparison
Is Soluna Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SLNH's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate SLNH's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: SLNH is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: SLNH is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SLNH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SLNH is good value based on its PB Ratio (1.2x) compared to the US Electronic industry average (1.8x).
How is Soluna Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Soluna Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Soluna Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLNH is currently unprofitable.
Growing Profit Margin: SLNH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SLNH is unprofitable, and losses have increased over the past 5 years at a rate of 39.3% per year.
Accelerating Growth: Unable to compare SLNH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SLNH is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (37.6%).
Return on Equity
High ROE: SLNH has a negative Return on Equity (-7.02%), as it is currently unprofitable.
How is Soluna Holdings's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SLNH's short term assets ($25.0M) exceed its short term liabilities ($15.7M).
Long Term Liabilities: SLNH's short term assets ($25.0M) exceed its long term liabilities ($11.0M).
Debt to Equity History and Analysis
Debt Level: SLNH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SLNH's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SLNH has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SLNH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Soluna Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SLNH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SLNH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SLNH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SLNH's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SLNH has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Toporek (55 yo)
Mr. Michael M. Toporek serves as Chairman at Capstone Therapeutics Corp. He is the Chief Executive Officer at Soluna Holdings, Inc. (formerly known as Mechanical Technology, Incorporated) since November 2,...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD3.66M) is above average for companies of similar size in the US market ($USD770.21K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Experienced Management: SLNH's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: SLNH's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.8%.
Soluna Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Soluna Holdings, Inc.
- Ticker: SLNH
- Exchange: NasdaqCM
- Founded: 1961
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: US$113.574m
- Shares outstanding: 14.00m
- Website: https://www.solunacomputing.com
Number of Employees
- Soluna Holdings, Inc.
- 325 Washington Avenue Extension
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.