(MARA) Marathon Digital Holdings - Ratings and Ratios
Bitcoin Mining, Data Center Cooling, Miner Firmware
MARA EPS (Earnings per Share)
MARA Revenue
Description: MARA Marathon Digital Holdings
MARA Holdings, Inc., formerly known as Marathon Digital Holdings, Inc., is a digital asset technology company based in Fort Lauderdale, Florida, operating in the United States. The company provides technology solutions to optimize data center operations, including liquid immersion cooling and firmware for bitcoin miners, positioning itself in the growing cryptocurrency mining industry.
As a company in the Application Software sub-industry, MARA has shown significant involvement in the cryptocurrency space, particularly in bitcoin mining. The recent name change to MARA Holdings, Inc. in August 2024 may indicate a broader strategic shift or expansion in its business operations. Its market presence is notable, with a market capitalization of $7,028 million.
From a financial perspective, MARAs valuation metrics indicate a forward P/E ratio of 39.53, suggesting that investors are pricing in future growth expectations. However, the current P/E ratio is not available, likely due to negative earnings. The Return on Equity (RoE) stands at -9.86%, indicating that the company is currently not generating profits for its shareholders. To improve this metric, MARA needs to increase its net income relative to shareholder equity.
To evaluate MARAs performance, key performance indicators (KPIs) such as revenue growth, gross margin, and hash rate (a measure of computational power for cryptocurrency mining) are crucial. Investors should monitor these metrics to assess the companys operational efficiency and its ability to adapt to the competitive landscape in cryptocurrency mining and data center optimization. Additionally, the companys ability to manage its cost structure, particularly the cost of electricity and hardware, will be vital in maintaining profitability.
Given the nature of its business, MARAs stock price is likely to be sensitive to cryptocurrency prices, particularly bitcoin. Therefore, investors should keep a close eye on bitcoins price movements and the overall sentiment in the cryptocurrency market. The companys liquidity and ability to navigate through market volatility will be essential in sustaining its operations and achieving long-term growth.
MARA Stock Overview
| Market Cap in USD | 5,820m |
| Sub-Industry | Application Software |
| IPO / Inception | 2012-05-04 |
MARA Stock Ratings
| Growth Rating | 14.9% |
| Fundamental | 64.1% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -6.96% |
| Analyst Rating | 3.53 of 5 |
MARA Dividends
Currently no dividends paidMARA Growth Ratios
| Growth Correlation 3m | -3.6% |
| Growth Correlation 12m | -35.7% |
| Growth Correlation 5y | -13.5% |
| CAGR 5y | 19.75% |
| CAGR/Max DD 3y | 0.25 |
| CAGR/Mean DD 3y | 0.46 |
| Sharpe Ratio 12m | -0.21 |
| Alpha | 0.06 |
| Beta | 0.950 |
| Volatility | 68.23% |
| Current Volume | 111669.9k |
| Average Volume 20d | 56723.9k |
| Stop Loss | 16.5 (-5.9%) |
| Signal | 2.83 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (678.8m TTM) > 0 and > 6% of Revenue (6% = 47.9m TTM) |
| FCFTA -0.12 (>2.0%) and ΔFCFTA -12.98pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -25.62% (prev 48.28%; Δ -73.90pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.11 (>3.0%) and CFO -852.4m <= Net Income 678.8m (YES >=105%, WARN >=100%) |
| Net Debt (2.54b) to EBITDA (1.43b) ratio: 1.78 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.54 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (440.9m) change vs 12m ago 58.22% (target <= -2.0% for YES) |
| Gross Margin -0.72% (prev 16.67%; Δ -17.40pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 14.73% (prev 18.12%; Δ -3.39pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 26.24 (EBITDA TTM 1.43b / Interest Expense TTM 33.1m) >= 6 (WARN >= 3) |
Altman Z'' 1.10
| (A) -0.03 = (Total Current Assets 236.5m - Total Current Liabilities 441.0m) / Total Assets 7.72b |
| (B) 0.03 = Retained Earnings (Balance) 248.6m / Total Assets 7.72b |
| (C) 0.16 = EBIT TTM 869.8m / Avg Total Assets 5.42b |
| (D) 0.09 = Book Value of Equity 248.7m / Total Liabilities 2.93b |
| Total Rating: 1.10 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 64.13
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield -11.19% = -5.0 |
| 3. FCF Margin data missing |
| 4. Debt/Equity 0.54 = 2.36 |
| 5. Debt/Ebitda 1.82 = 0.35 |
| 6. ROIC - WACC (= 6.13)% = 7.67 |
| 7. RoE 17.52% = 1.46 |
| 8. Rev. Trend 89.74% = 6.73 |
| 9. EPS Trend 31.29% = 1.56 |
What is the price of MARA shares?
Over the past week, the price has changed by +10.04%, over one month by +8.95%, over three months by +14.43% and over the past year by +10.46%.
Is Marathon Digital Holdings a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MARA is around 15.52 USD . This means that MARA is currently overvalued and has a potential downside of -11.47%.
Is MARA a buy, sell or hold?
- Strong Buy: 4
- Buy: 2
- Hold: 8
- Sell: 0
- Strong Sell: 1
What are the forecasts/targets for the MARA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 23.3 | 33% |
| Analysts Target Price | 23.3 | 33% |
| ValueRay Target Price | 17 | -2.9% |
Last update: 2025-09-13 05:03
MARA Fundamental Data Overview
CCE Cash And Equivalents = 109.5m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 8.4462
P/E Forward = 39.5257
P/S = 7.2894
P/B = 1.2146
Beta = 6.374
Revenue TTM = 798.4m USD
EBIT TTM = 869.8m USD
EBITDA TTM = 1.43b USD
Long Term Debt = 2.25b USD (from longTermDebt, last quarter)
Short Term Debt = 351.2m USD (from shortTermDebt, last quarter)
Debt = 2.60b USD (Calculated: Short Term 351.2m + Long Term 2.25b)
Net Debt = 2.54b USD (from netDebt column, last quarter)
Enterprise Value = 8.31b USD (5.82b + Debt 2.60b - CCE 109.5m)
Interest Coverage Ratio = 26.24 (Ebit TTM 869.8m / Interest Expense TTM 33.1m)
FCF Yield = -11.19% (FCF TTM -930.5m / Enterprise Value 8.31b)
FCF Margin = -116.5% (FCF TTM -930.5m / Revenue TTM 798.4m)
Net Margin = 85.02% (Net Income TTM 678.8m / Revenue TTM 798.4m)
Gross Margin = -0.72% ((Revenue TTM 798.4m - Cost of Revenue TTM 804.2m) / Revenue TTM)
Tobins Q-Ratio = 33.42 (Enterprise Value 8.31b / Book Value Of Equity 248.7m)
Interest Expense / Debt = 0.49% (Interest Expense 12.8m / Debt 2.60b)
Taxrate = 12.25% (75.5m / 616.5m)
NOPAT = 763.3m (EBIT 869.8m * (1 - 12.25%))
Current Ratio = 0.54 (Total Current Assets 236.5m / Total Current Liabilities 441.0m)
Debt / Equity = 0.54 (Debt 2.60b / last Quarter total Stockholder Equity 4.79b)
Debt / EBITDA = 1.82 (Net Debt 2.54b / EBITDA 1.43b)
Debt / FCF = -2.80 (Debt 2.60b / FCF TTM -930.5m)
Total Stockholder Equity = 3.88b (last 4 quarters mean)
RoA = 8.79% (Net Income 678.8m, Total Assets 7.72b )
RoE = 17.52% (Net Income TTM 678.8m / Total Stockholder Equity 3.88b)
RoCE = 14.20% (Ebit 869.8m / (Equity 3.88b + L.T.Debt 2.25b))
RoIC = 12.85% (NOPAT 763.3m / Invested Capital 5.94b)
WACC = 6.71% (E(5.82b)/V(8.42b) * Re(9.52%)) + (D(2.60b)/V(8.42b) * Rd(0.49%) * (1-Tc(0.12)))
Shares Correlation 3-Years: 96.97 | Cagr: 12.86%
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -930.5m)
EPS Correlation: 31.29 | EPS CAGR: 57.76% | SUE: 1.78 | # QB: 1
Revenue Correlation: 89.74 | Revenue CAGR: 190.6% | SUE: N/A | # QB: None
Additional Sources for MARA Stock
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Fund Manager Positions: Dataroma | Stockcircle