SLNH (Soluna Holdings) ROCE %: -43.66% (As of Jun. 2026)

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SLNH Soluna Holdings Inc SLNH
37 GF Score
Price $1.16
GF Value $0.14
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Soluna Holdings ROCE %?

Soluna Holdings SLNH -3.75% 37 ROCE % is -43.66% as of Jun. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Soluna Holdings's annualized ROCE % for the quarter that ended in Jun. 2026 was -43.66%.

Soluna Holdings  (NAS:SLNH) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Soluna Holdings ROCE % Related Terms

Soluna Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Soluna Holdings's ROCE % 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.

Soluna Holdings ROCE % Chart

Soluna Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.19 -127.00 -43.90 -112.83 -60.89

Soluna Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.45 -144.29 -51.49 -49.18 -43.66
SLNH
37GF Score
Soluna Holdings Inc SLNH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Soluna Holdings ROCE % Calculation

Soluna Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-54.472/( ( (88.04 - 47.873) + (187.944 - 49.189) )/ 2 )
=-54.472/( (40.167+138.755)/ 2 )
=-54.472/89.461
=-60.89 %

Soluna Holdings's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-80.016/( ( (190.42 - 51.911) + (293.514 - 65.442) )/ 2 )
=-80.016/( ( 138.509 + 228.072 )/ 2 )
=-80.016/183.2905
=-43.66 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -43.66% mean?
Soluna Holdings (SLNH) has a ROCE % of -43.66% as of Jun. 2026.
Is Soluna Holdings' ROCE % too high?
Soluna Holdings' current ROCE % is -43.66%. 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' ROCE % compare to FUFU and CFOR?
Soluna Holdings' ROCE % of -43.66% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 6.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Capital Markets company?
The median ROCE % among Capital Markets companies is 6.20, based on 689 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soluna Holdings's current ROCE % is -43.66%. 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 $1.16 — trading 725% above its estimated fair value. The current ROCE % is -43.66%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Soluna Holdings (SLNH), the current ROCE % is -43.66% as of Jun. 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 $1.16 is trading 725% above its estimated GF Value™ of $0.14. GuruFocus considers Soluna Holdings to be Significantly Overvalued.

Key valuation signals for SLNH:

  • ROCE %: -43.66%
  • GF Value™: $0.14 vs. price of $1.16 (725% above fair value)
  • GF Score™: 37/100 with 6 warning signs

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 Business Description

Address 325 Washington Avenue Extension, Albany, NY, USA, 12205
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

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.16
Price
$0.14
GF Value