Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 2.18x is 90% above its estimated 5-year average of 1.15x, near the low end of its estimated 5-year range (0.01x–21.08x).
As of 2026-10-06T21:13:44.998Z. 35.51% above its estimated 12-month average of 1.61x.
Calculation as of: 2026-10-06T21:13:44.998Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5503beb36cef27d888cbf0a00dcbeff310fa8fdf3922d7150200e6eef571b91f
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/SALES RATIO
2.18x
EV/SALES RATIO AVG TTM
1.61x
EV/SALES RATIO AVG 3Y
1.04x
EV/SALES RATIO AVG 5Y
1.15x
EV/SALES RATIO AVG 10Y
1.08x
EV/SALES RATIO AVG 15Y
4.58x
EV/SALES RATIO AVG 20Y
6.12x
CURRENT VS TTM AVG
+35.51%
CURRENT VS 3Y AVG
+108.69%
CURRENT VS 5Y AVG
+89.95%
CURRENT VS 10Y AVG
+101.43%
CURRENT VS 15Y AVG
-52.36%
CURRENT VS 20Y AVG
-64.40%
SECTOR MEDIAN · TECHNOLOGY
3.89x
median of 540 covered companies
CURRENT VS SECTOR MEDIAN
-43.96%
vs the sector median at left
Soluna Holdings, Inc.
Market Cap
$165.63M
EV/Sales Ratio
2.18x
TTM Avg
1.61x
3Y Avg
1.04x
5Y Avg
1.15x
Market Cap
$161.40M
EV/Sales Ratio
0.77x
TTM Avg
0.61x
3Y Avg
0.72x
5Y Avg
1.02x
Market Cap
$172.68M
EV/Sales Ratio
689.97x
TTM Avg
2190.98x
3Y Avg
4843.59x
5Y Avg
5371.14x
Market Cap
$147.68M
EV/Sales Ratio
1.91x
TTM Avg
1.33x
3Y Avg
0.80x
5Y Avg
0.73x
Market Cap
$141.27M
EV/Sales Ratio
37.09x
TTM Avg
901.56x
3Y Avg
362.42x
5Y Avg
356.51x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Soluna Holdings, Inc. (SLNH) | $165.63M | 2.18x | 1.61x | 1.04x | 1.15x |
| Swarmer, Inc Common Stock (SWMR)vs › | $161.56M | N/A | N/A | N/A | N/A |
| Sangoma Technologies Corporation (SANG)vs › | $161.40M | 0.77x | 0.61x | 0.72x | 1.02x |
| Atomera Incorporated (ATOM)vs › | $172.68M | 689.97x | 2190.98x | 4843.59x | 5371.14x |
| Optical Cable Corporation (OCC)vs › | $147.68M | 1.91x | 1.33x | 0.80x | 0.73x |
| Nano Labs Ltd (NA)vs › | $146.11M | 0.05x | 16.04x | 32.07x | 27.24x |
| eGain Corporation (EGAN)vs › | $145.21M | 0.82x | 1.93x | 1.50x | 1.87x |
| Axe Compute Inc. (AGPU)vs › | $141.27M | 37.09x | 901.56x | 362.42x | 356.51x |
| Kaltura, Inc. (KLTR)vs › | $192.48M | 1.16x | 1.24x | 1.41x | 1.56x |
| Digimarc Corp. (DMRC)vs › | $138.47M | 4.33x | 4.73x | 11.10x | 13.09x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-10-05 | 1.45x |
| 2026-10-02 | 1.57x |
| 2026-10-01 | 1.54x |
| 2026-09-30 | 1.79x |
| 2026-09-29 | 1.88x |
| 2026-09-28 | 1.91x |
| 2026-09-25 | 2.04x |
| 2026-09-24 | 2.13x |
| 2026-09-23 | 2.10x |
| 2026-09-22 | 2.22x |
| 2026-09-21 | 2.22x |
| 2026-09-18 | 2.16x |
| 2026-09-17 | 1.94x |
| 2026-09-16 | 1.73x |
| 2026-09-15 | 1.76x |
| 2026-09-14 | 1.82x |
| 2026-09-11 | 1.94x |
| 2026-09-10 | 1.85x |
| 2026-09-09 | 2.10x |
| 2026-09-08 | 2.19x |
| 2026-09-04 | 1.98x |
| 2026-09-03 | 1.98x |
| 2026-09-02 | 1.60x |
| 2026-09-01 | 1.51x |
| 2026-08-31 | 1.60x |
| 2026-08-28 | 1.69x |
| 2026-08-27 | 1.94x |
| 2026-08-26 | 1.85x |
| 2026-08-25 | 2.07x |
| 2026-08-24 | 1.82x |
| 2026-08-21 | 1.91x |
| 2026-08-20 | 1.94x |
| 2026-08-19 | 1.98x |
| 2026-08-18 | 1.88x |
| 2026-08-17 | 2.38x |
| 2026-08-14 | 2.32x |
| 2026-08-13 | 2.07x |
| 2026-08-12 | 2.20x |
| 2026-08-11 | 2.00x |
| 2026-08-10 | 1.82x |
| 2026-08-07 | 1.74x |
| 2026-08-06 | 1.72x |
| 2026-08-05 | 1.77x |
| 2026-08-04 | 1.84x |
| 2026-08-03 | 1.87x |
| 2026-07-31 | 1.87x |
| 2026-07-30 | 2.07x |
| 2026-07-29 | 1.67x |
| 2026-07-28 | 1.87x |
| 2026-07-27 | 1.89x |
| 2026-07-24 | 1.97x |
| 2026-07-23 | 2.12x |
| 2026-07-22 | 2.07x |
| 2026-07-21 | 2.25x |
| 2026-07-20 | 2.22x |
| 2026-07-17 | 1.64x |
| 2026-07-16 | 1.57x |
| 2026-07-15 | 1.59x |
| 2026-07-14 | 1.62x |
| 2026-07-13 | 1.62x |
| 2026-07-10 | 1.97x |
| 2026-07-09 | 2.07x |
| 2026-07-08 | 2.07x |
| 2026-07-07 | 1.74x |
| 2026-07-06 | 2.02x |
| 2026-07-02 | 1.79x |
| 2026-07-01 | 1.97x |
| 2026-06-30 | 2.20x |
| 2026-06-29 | 2.33x |
| 2026-06-26 | 2.40x |
| 2026-06-25 | 2.43x |
| 2026-06-24 | 2.25x |
| 2026-06-23 | 2.86x |
| 2026-06-22 | 3.01x |
| 2026-06-18 | 3.14x |
| 2026-06-17 | 3.26x |
| 2026-06-16 | 3.24x |
| 2026-06-15 | 2.71x |
| 2026-06-12 | 2.53x |
| 2026-06-11 | 2.38x |
| 2026-06-10 | 2.25x |
| 2026-06-09 | 2.38x |
| 2026-06-08 | 2.25x |
| 2026-06-05 | 2.17x |
| 2026-06-04 | 2.60x |
| 2026-06-03 | 2.68x |
| 2026-06-02 | 2.96x |
| 2026-06-01 | 3.01x |
| 2026-05-29 | 3.09x |
| 2026-05-28 | 3.42x |
| 2026-05-27 | 3.49x |
| 2026-05-26 | 3.67x |
| 2026-05-22 | 3.11x |
| 2026-05-21 | 3.21x |
| 2026-05-20 | 2.99x |
| 2026-05-19 | 3.42x |
| 2026-05-18 | 3.72x |
| 2026-05-15 | 0.58x |
| 2026-05-14 | 0.52x |
| 2026-05-13 | 0.52x |
| 2026-05-12 | 0.15x |
| 2026-05-11 | 0.10x |
| 2026-05-08 | 0.20x |
| 2026-04-30 | 0.04x |
| 2026-02-09 | 0.01x |
| 2026-02-03 | 0.08x |
| 2026-02-02 | 0.03x |
| 2026-01-30 | 0.02x |
| 2026-01-29 | 0.11x |
| 2026-01-28 | 0.22x |
| 2026-01-27 | 0.29x |
| 2026-01-26 | 0.22x |
| 2026-01-23 | 0.27x |
| 2026-01-22 | 0.27x |
| 2026-01-21 | 0.38x |
| 2026-01-20 | 0.50x |
| 2026-01-16 | 0.59x |
| 2026-01-15 | 0.52x |
| 2026-01-14 | 0.62x |
| 2026-01-13 | 0.63x |
| 2026-01-12 | 0.56x |
| 2026-01-09 | 0.58x |
| 2026-01-08 | 0.64x |
| 2026-01-07 | 0.66x |
| 2026-01-06 | 0.69x |
| 2026-01-05 | 0.59x |
| 2026-01-02 | 0.35x |
| 2025-12-31 | 0.12x |
| 2025-12-30 | 0.16x |
| 2025-12-29 | 0.26x |
| 2025-12-26 | 0.35x |
| 2025-12-24 | 0.47x |
| 2025-12-23 | 0.47x |
| 2025-12-22 | 0.47x |
| 2025-12-19 | 0.42x |
| 2025-12-18 | 0.22x |
| 2025-12-17 | 0.22x |
| 2025-12-16 | 0.37x |
| 2025-12-15 | 0.37x |
| 2025-12-12 | 0.82x |
| 2025-12-11 | 1.00x |
| 2025-12-10 | 0.87x |
| 2025-12-09 | 0.77x |
| 2025-12-08 | 0.52x |
| 2025-12-05 | 0.58x |
| 2025-12-04 | 0.82x |
| 2025-12-03 | 0.67x |
| 2025-12-02 | 0.51x |
| 2025-12-01 | 0.55x |
| 2025-11-28 | 0.63x |
| 2025-11-26 | 0.47x |
| 2025-11-25 | 0.50x |
| 2025-11-24 | 0.59x |
| 2025-11-21 | 0.44x |
| 2025-11-20 | 0.52x |
| 2025-11-19 | 0.73x |
| 2025-11-18 | 0.84x |
| 2025-11-17 | 0.70x |
| 2025-11-14 | 1.39x |
| 2025-11-13 | 1.48x |
| 2025-11-12 | 1.62x |
| 2025-11-11 | 1.76x |
| 2025-11-10 | 1.87x |
| 2025-11-07 | 1.89x |
| 2025-11-06 | 2.12x |
| 2025-11-05 | 2.34x |
| 2025-11-04 | 2.12x |
| 2025-11-03 | 2.37x |
| 2025-10-31 | 2.37x |
| 2025-10-30 | 2.12x |
| 2025-10-29 | 2.22x |
| 2025-10-28 | 2.05x |
| 2025-10-27 | 2.05x |
| 2025-10-24 | 2.13x |
| 2025-10-23 | 2.41x |
| 2025-10-22 | 2.32x |
| 2025-10-21 | 2.36x |
| 2025-10-20 | 2.61x |
| 2025-10-17 | 2.87x |
| 2025-10-16 | 2.74x |
| 2025-10-15 | 2.80x |
| 2025-10-14 | 1.99x |
| 2025-10-13 | 1.71x |
| 2025-10-10 | 1.79x |
| 2025-10-09 | 1.87x |
| 2025-10-08 | 2.01x |
| 2025-10-07 | 1.58x |
| 2025-10-06 | 1.46x |
| 2025-10-03 | 1.68x |
| 2025-10-02 | 1.82x |
| 2025-10-01 | 1.86x |
| 2025-09-30 | 1.75x |
| 2025-09-29 | 1.84x |
| 2025-09-26 | 1.97x |
| 2025-09-25 | 2.07x |
| 2025-09-24 | 2.37x |
| 2025-09-23 | 1.76x |
| 2025-09-22 | 1.62x |
| 2025-09-19 | 1.07x |
| 2025-09-18 | 0.95x |
| 2025-09-17 | 1.02x |
| 2025-09-16 | 1.02x |
| 2025-09-15 | 0.99x |
| 2025-09-12 | 0.88x |
| 2025-09-11 | 0.87x |
| 2025-09-10 | 0.81x |
| 2025-09-09 | 0.77x |
| 2025-09-08 | 0.77x |
| 2025-09-05 | 0.75x |
| 2025-09-04 | 0.74x |
| 2025-09-03 | 0.76x |
| 2025-09-02 | 0.75x |
| 2025-08-29 | 0.75x |
| 2025-08-28 | 0.74x |
| 2025-08-27 | 0.75x |
| 2025-08-26 | 0.76x |
| 2025-08-25 | 0.75x |
| 2025-08-22 | 0.75x |
| 2025-08-21 | 0.73x |
| 2025-08-20 | 0.72x |
| 2025-08-19 | 0.73x |
| 2025-08-18 | 0.77x |
| 2025-08-15 | 0.77x |
| 2025-08-14 | 0.70x |
| 2025-08-13 | 0.69x |
| 2025-08-12 | 0.68x |
| 2025-08-11 | 0.65x |
| 2025-08-08 | 0.66x |
| 2025-08-07 | 0.67x |
| 2025-08-06 | 0.66x |
| 2025-08-05 | 0.66x |
| 2025-08-04 | 0.66x |
| 2025-08-01 | 0.65x |
| 2025-07-31 | 0.66x |
| 2025-07-30 | 0.66x |
| 2025-07-29 | 0.67x |
| 2025-07-28 | 0.67x |
| 2025-07-25 | 0.69x |
| 2025-07-24 | 0.70x |
| 2025-07-23 | 0.70x |
| 2025-07-22 | 0.72x |
| 2025-07-21 | 0.72x |
| 2025-07-18 | 0.72x |
| 2025-07-17 | 0.71x |
| 2025-07-16 | 0.72x |
| 2025-07-15 | 0.77x |
| 2025-07-14 | 0.91x |
| 2025-07-11 | 1.06x |
| 2025-07-10 | 0.89x |
| 2025-07-09 | 0.80x |
| 2025-07-08 | 0.81x |
| 2025-07-07 | 0.74x |
| 2025-07-03 | 0.76x |
| 2025-07-02 | 0.74x |
| 2025-07-01 | 0.71x |
| 2025-06-30 | 0.70x |
| 2025-06-27 | 0.69x |
| 2025-06-26 | 0.69x |
| 2025-06-25 | 0.70x |
| 2025-06-24 | 0.69x |
Showing the most recent 260 of 4,967 data points. The chart above shows the full history.
