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Soluna HoldingsSLNH -0.83%37 EV-to-EBITDA is -4.66 as of Aug. 20, 2026. GuruFocus rates SLNH with a GF Score™ of 37/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 507 Capital Markets companies, Soluna Holdings ranks worse than 197238.46% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Soluna Holdings's enterprise value is $271.45 Mil.
Soluna Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-58.26 Mil. Therefore, Soluna Holdings's EV-to-EBITDA for today is -4.66.
The historical rank and industry rank for Soluna Holdings's EV-to-EBITDA or its related term are showing as below:
SLNH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -1380.55 Med: -1.51 Max: 70.83
Current: -4.66
During the past 13 years, the highest EV-to-EBITDA of Soluna Holdings was 70.83. The lowest was -1380.55. And the median was -1.51.
SLNH's EV-to-EBITDA is ranked worse than 100% of 507
companies
in the Capital Markets industry
Industry Median: 9.01
vs SLNH: -4.66
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Soluna Holdings's PE Ratio (TTM) for today is calculated as:
Soluna Holdings's share price for today is $1.195.
Soluna Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.730.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Soluna Holdings's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Soluna Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Soluna Holdings EV-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Soluna Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Soluna Holdings's EV-to-EBITDA falls into.
Soluna Holdings's current Enterprise Value is $271.45 Mil.
Soluna Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-58.26 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Soluna Holdings (SLNH) has a EV-to-EBITDA of -4.66 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Soluna Holdings. According to the industry distribution chart, Soluna Holdings ranks #999999 out of 507 companies in the Capital Markets industry.
Is Soluna Holdings' EV-to-EBITDA too high?
Soluna Holdings' current EV-to-EBITDA is -4.66. Based on the distribution chart, Soluna Holdings ranks #999999 out of 507 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Soluna Holdings has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Soluna Holdings' EV-to-EBITDA compare to FUFU and CFOR?
According to the Capital Markets industry distribution chart, Soluna Holdings ranks #999999 out of 507 companies for EV-to-EBITDA. This places Soluna Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 9.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Capital Markets company?
The median EV-to-EBITDA among Capital Markets companies is 9.01, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Soluna Holdings. For the Capital Markets industry, the median EV-to-EBITDA is 9.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soluna Holdings's current EV-to-EBITDA is -4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soluna Holdings stock overvalued right now?
Based on GuruFocus' analysis, Soluna Holdings (SLNH) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $1.20 — trading 753.6% above its estimated fair value. The current EV-to-EBITDA is -4.66. Soluna Holdings' overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Soluna Holdings (SLNH), the current EV-to-EBITDA is -4.66 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Soluna Holdings (SLNH) Overvalued in 2026?
Based on GuruFocus' analysis, Soluna Holdings stock appears to be overvalued.
The current stock price of $1.20 is trading 753.6% above its estimated GF Value™ of $0.14.
GuruFocus considers Soluna Holdings to be Significantly Overvalued.
Key valuation signals for SLNH:
EV-to-EBITDA: -4.66
GF Value™: $0.14 vs. price of $1.20 (753.6% above fair value)
No single metric tells the full story. See the SLNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Soluna Holdings Inc is a U.S.-based company engaged in the development and operation of data centers powered by renewable energy. The company utilizes excess or curtailed energy from renewable sources to support high-performance computing applications, including cryptocurrency mining, artificial intelligence, and machine learning. Its business model focuses on converting underutilized renewable energy into computing resources through co-located data center infrastructure.
37GF Score
Get the complete analysis for SLNH
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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