MARA Holdings, Inc. (MARA) has a MoatMap StockRank of 19/100 based on Quality (25/100), Value (36/100), and Momentum (43/100) factor scores. The current signal is STRONG SELL. MARA is a highly capital-intensive Bitcoin miner with no structural moat, volatile cash flows, and extreme sensitivity to energy costs. It fails the Terry Smith quality compounder lens due to its lack of pricing power and high capital reinvestment requirements, and fails the Buffett lens as it lacks owner earnings.
MARA Holdings, Inc., commonly known as Marathon Digital Holdings, Inc., is a major Bitcoin mining company that operates large-scale data centers for digital asset computation. Its competitive advantage is derived from significant investments in mining infrastructure and advanced hardware, aiming for optimized operational efficiency and substantial hashing power. Marathon Digital is a leading publicly traded player in the nascent digital asset mining sector, highly sensitive to Bitcoin's price movements and energy markets.
| Price | $13.96 |
| Market Cap | $5.4B |
| P/E (Forward) | -16.05 |
| Price/Book | 2.37 |
| Return on Equity | -67.3% |
| Return on Invested Capital | -19.5% |
| Debt/Equity | 105.60 |
| Gross Margin | 45.3% |
| Operating Margin | -558.1% |
| Revenue Growth | -18.4% |
| Free Cash Flow | $-531M |
MARA Holdings, Inc. operates in the Capital Markets industry, part of the Financial Services sector (United States).