Critical Survey: Griid Infrastructure (NASDAQ:GRDI) and Digihost Technology (NASDAQ:DGHI)

Griid Infrastructure (NASDAQ:GRDI) and Digihost Technology (NASDAQ:DGHI) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings.

Earnings and Valuation

This table compares Griid Infrastructure and Digihost Technology”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Griid Infrastructure	$19.62 million	0.44	-$18.66 million	N/A	N/A
Digihost Technology	$26.11 million	2.60	-$21.89 million	($0.54)	-3.81

Griid Infrastructure has higher earnings, but lower revenue than Digihost Technology.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Griid Infrastructure and Digihost Technology, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Griid Infrastructure	0	0	0	0	0.00
Digihost Technology	0	0	1	0	3.00

Digihost Technology has a consensus target price of $2.50, suggesting a potential upside of 21.36%. Given Digihost Technology’s stronger consensus rating and higher possible upside, analysts clearly believe Digihost Technology is more favorable than Griid Infrastructure.

Volatility and Risk

Griid Infrastructure has a beta of -0.39, indicating that its share price is 139% less volatile than the S&P 500. Comparatively, Digihost Technology has a beta of 5.25, indicating that its share price is 425% more volatile than the S&P 500.

Profitability

This table compares Griid Infrastructure and Digihost Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Griid Infrastructure	N/A	-44.60%	51.28%
Digihost Technology	-41.33%	-36.00%	-25.95%

Insider and Institutional Ownership

77.8% of Griid Infrastructure shares are owned by institutional investors. Comparatively, 1.9% of Digihost Technology shares are owned by institutional investors. 0.3% of Griid Infrastructure shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Digihost Technology beats Griid Infrastructure on 7 of the 12 factors compared between the two stocks.

About Griid Infrastructure

Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency. The company was founded in 2018 and is based in Cincinnati, Ohio.

About Digihost Technology

Digihost Technology Inc. operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc. was incorporated in 2017 and is headquartered in Houston, Texas.