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ANTA vs MARA
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
ANTA vs MARA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Financial - Credit Services | Financial - Capital Markets |
| Market Cap | $222M | $4.95B |
| Revenue (TTM) | $47M | $907M |
| Net Income (TTM) | $4M | $-1.31B |
| Gross Margin | 37.8% | -47.7% |
| Operating Margin | 6.7% | -90.6% |
| Forward P/E | 24.4x | — |
| Total Debt | $410M | $3.65B |
| Cash & Equiv. | $6M | $547M |
ANTA vs MARA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 25 | May 26 | Return |
|---|---|---|---|
| Antalpha Platform H… (ANTA) | 100 | 76.8 | -23.2% |
| Marathon Digital Ho… (MARA) | 100 | 89.9 | -10.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ANTA vs MARA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ANTA carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.63
- Rev growth 321.0%, EPS growth 165.5%
- -26.8% 10Y total return vs MARA's -50.3%
MARA is the clearest fit if your priority is value and momentum.
- Better valuation composite
- -0.9% vs ANTA's -26.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 321.0% NII/revenue growth vs MARA's 38.2% | |
| Value | Better valuation composite | |
| Quality / Margins | Efficiency ratio 0.3% vs MARA's 0.4% (lower = leaner) | |
| Stability / Safety | Beta 1.63 vs MARA's 3.11 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -0.9% vs ANTA's -26.8% | |
| Efficiency (ROA) | Efficiency ratio 0.3% vs MARA's 0.4% |
ANTA vs MARA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ANTA vs MARA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ANTA leads this category, winning 5 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
MARA is the larger business by revenue, generating $907M annually — 19.1x ANTA's $47M. ANTA is the more profitable business, keeping 9.3% of every revenue dollar as net income compared to MARA's -144.6%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $47M | $907M |
| EBITDAEarnings before interest/tax | $2M | $627M |
| Net IncomeAfter-tax profit | $4M | -$1.3B |
| Free Cash FlowCash after capex | $829,499 | -$312M |
| Gross MarginGross profit ÷ Revenue | +37.8% | -47.7% |
| Operating MarginEBIT ÷ Revenue | +6.7% | -90.6% |
| Net MarginNet income ÷ Revenue | +9.3% | -144.6% |
| FCF MarginFCF ÷ Revenue | -25.0% | -34.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +24.3% | -4.8% |
Valuation Metrics
MARA leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $222M | $5.0B |
| Enterprise ValueMkt cap + debt − cash | $626M | $8.1B |
| Trailing P/EPrice ÷ TTM EPS | 49.32x | -3.53x |
| Forward P/EPrice ÷ next-FY EPS est. | 24.35x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 156.07x | — |
| Price / SalesMarket cap ÷ Revenue | 4.68x | 5.46x |
| Price / BookPrice ÷ Book value/share | 4.67x | 1.33x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
ANTA leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
ANTA delivers a 5.1% return on equity — every $100 of shareholder capital generates $5 in annual profit, vs $-31 for MARA. MARA carries lower financial leverage with a 1.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to ANTA's 8.84x. On the Piotroski fundamental quality scale (0–9), ANTA scores 7/9 vs MARA's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.1% | -30.5% |
| ROA (TTM)Return on assets | +0.2% | -17.1% |
| ROICReturn on invested capital | +0.6% | -9.0% |
| ROCEReturn on capital employed | +1.0% | -12.1% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 3 |
| Debt / EquityFinancial leverage | 8.84x | 1.05x |
| Net DebtTotal debt minus cash | $404M | $3.1B |
| Cash & Equiv.Liquid assets | $6M | $547M |
| Total DebtShort + long-term debt | $410M | $3.6B |
| Interest CoverageEBIT ÷ Interest expense | — | 4.73x |
Total Returns (Dividends Reinvested)
MARA leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ANTA five years ago would be worth $7,320 today (with dividends reinvested), compared to $4,150 for MARA. Over the past 12 months, MARA leads with a -0.9% total return vs ANTA's -26.8%. The 3-year compound annual growth rate (CAGR) favors MARA at 11.8% vs ANTA's -9.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +2.6% | +31.5% |
| 1-Year ReturnPast 12 months | -26.8% | -0.9% |
| 3-Year ReturnCumulative with dividends | -26.8% | +39.7% |
| 5-Year ReturnCumulative with dividends | -26.8% | -58.5% |
| 10-Year ReturnCumulative with dividends | -26.8% | -50.3% |
| CAGR (3Y)Annualised 3-year return | -9.9% | +11.8% |
Risk & Volatility
Evenly matched — ANTA and MARA each lead in 1 of 2 comparable metrics.
Risk & Volatility
ANTA is the less volatile stock with a 1.63 beta — it tends to amplify market swings less than MARA's 3.11 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MARA currently trades 55.6% from its 52-week high vs ANTA's 33.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.63x | 3.11x |
| 52-Week HighHighest price in past year | $27.72 | $23.45 |
| 52-Week LowLowest price in past year | $6.25 | $6.66 |
| % of 52W HighCurrent price vs 52-week peak | +33.8% | +55.6% |
| RSI (14)Momentum oscillator 0–100 | 56.2 | 64.4 |
| Avg Volume (50D)Average daily shares traded | 6K | 47.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates ANTA as "Buy" and MARA as "Buy".
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | $16.13 |
| # AnalystsCovering analysts | 1 | 19 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.9% |
ANTA leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MARA leads in 2 (Valuation Metrics, Total Returns). 1 tied.
ANTA vs MARA: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is ANTA or MARA a better buy right now?
For growth investors, Antalpha Platform Holding Company (ANTA) is the stronger pick with 321.
0% revenue growth year-over-year, versus 38. 2% for Marathon Digital Holdings, Inc. (MARA). Antalpha Platform Holding Company (ANTA) offers the better valuation at 49. 3x trailing P/E (24. 4x forward), making it the more compelling value choice. Analysts rate Antalpha Platform Holding Company (ANTA) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — ANTA or MARA?
Over the past 5 years, Antalpha Platform Holding Company (ANTA) delivered a total return of -26.
8%, compared to -58. 5% for Marathon Digital Holdings, Inc. (MARA). Over 10 years, the gap is even starker: ANTA returned -23. 9% versus MARA's -51. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — ANTA or MARA?
By beta (market sensitivity over 5 years), Antalpha Platform Holding Company (ANTA) is the lower-risk stock at 1.
63β versus Marathon Digital Holdings, Inc. 's 3. 11β — meaning MARA is approximately 91% more volatile than ANTA relative to the S&P 500. On balance sheet safety, Marathon Digital Holdings, Inc. (MARA) carries a lower debt/equity ratio of 105% versus 9% for Antalpha Platform Holding Company — giving it more financial flexibility in a downturn.
04Which is growing faster — ANTA or MARA?
By revenue growth (latest reported year), Antalpha Platform Holding Company (ANTA) is pulling ahead at 321.
0% versus 38. 2% for Marathon Digital Holdings, Inc. (MARA). On earnings-per-share growth, the picture is similar: Antalpha Platform Holding Company grew EPS 165. 5% year-over-year, compared to -314. 5% for Marathon Digital Holdings, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — ANTA or MARA?
Antalpha Platform Holding Company (ANTA) is the more profitable company, earning 9.
3% net margin versus -144. 6% for Marathon Digital Holdings, Inc. — meaning it keeps 9. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ANTA leads at 6. 7% versus -90. 6% for MARA. At the gross margin level — before operating expenses — ANTA leads at 37. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — ANTA or MARA?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is ANTA or MARA better for a retirement portfolio?
For long-horizon retirement investors, Antalpha Platform Holding Company (ANTA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding.
Marathon Digital Holdings, Inc. (MARA) carries a higher beta of 3. 11 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ANTA: -23. 9%, MARA: -51. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between ANTA and MARA?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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