ESS Tech, Inc. (GWH)

ESS Tech Statistics

Total Valuation

ESS Tech has a market cap or net worth of $55.37 million. The enterprise value is $2.34 million.

Market Cap	55.37M
Enterprise Value	2.34M

Important Dates

The last earnings date was Wednesday, November 13, 2024, after market close.

Earnings Date	Nov 13, 2024
Ex-Dividend Date	n/a

Share Statistics

ESS Tech has 11.88 million shares outstanding. The number of shares has increased by 13.18% in one year.

Current Share Class	11.88M
Shares Outstanding	11.88M
Shares Change (YoY)	+13.18%
Shares Change (QoQ)	+0.83%
Owned by Insiders (%)	5.84%
Owned by Institutions (%)	7.79%
Float	4.64M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	8.73
Forward PS	1.48
PB Ratio	1.13
P/TBV Ratio	1.25
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.38
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.14, with a Debt / Equity ratio of 0.04.

Current Ratio	2.14
Quick Ratio	1.73
Debt / Equity	0.04
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -95.22% and return on invested capital (ROIC) is -62.53%.

Return on Equity (ROE)	-95.22%
Return on Assets (ROA)	-41.79%
Return on Capital (ROIC)	-62.53%
Revenue Per Employee	$27,017
Profits Per Employee	-$341,442
Employee Count	231
Asset Turnover	0.05
Inventory Turnover	9.88

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -73.45% in the last 52 weeks. The beta is 1.33, so ESS Tech's price volatility has been higher than the market average.

Beta (5Y)	1.33
52-Week Price Change	-73.45%
50-Day Moving Average	6.78
200-Day Moving Average	9.24
Relative Strength Index (RSI)	36.46
Average Volume (20 Days)	84,345

Short Selling Information

The latest short interest is 483,079, so 4.07% of the outstanding shares have been sold short.

Short Interest	483,079
Short Previous Month	448,642
Short % of Shares Out	4.07%
Short % of Float	10.40%
Short Ratio (days to cover)	7.50

Income Statement

In the last 12 months, ESS Tech had revenue of $6.24 million and -$78.87 million in losses. Loss per share was -$6.75.

Revenue	6.24M
Gross Profit	-39.69M
Operating Income	-85.37M
Pretax Income	-73.99M
Net Income	-78.87M
EBITDA	-78.74M
EBIT	-85.37M
Loss Per Share	-$6.75

Balance Sheet

The company has $55.11 million in cash and $2.08 million in debt, giving a net cash position of $53.03 million or $4.46 per share.

Cash & Cash Equivalents	55.11M
Total Debt	2.08M
Net Cash	53.03M
Net Cash Per Share	$4.46
Equity (Book Value)	49.20M
Book Value Per Share	4.14
Working Capital	36.48M

Cash Flow

In the last 12 months, operating cash flow was -$67.89 million and capital expenditures -$5.40 million, giving a free cash flow of -$73.29 million.

Operating Cash Flow	-67.89M
Capital Expenditures	-5.40M
Free Cash Flow	-73.29M
FCF Per Share	-$6.17

Margins

Gross Margin	n/a
Operating Margin	-1,367.83%
Pretax Margin	-1,263.79%
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

ESS Tech does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-13.18%
Shareholder Yield	-13.18%
Earnings Yield	-142.44%
FCF Yield	-132.36%

Analyst Forecast

The average price target for ESS Tech is $2.54, which is -45.49% lower than the current price. The consensus rating is "Buy".

Price Target	$2.54
Price Target Difference	-45.49%
Analyst Consensus	Buy
Analyst Count	6
Revenue Growth Forecast (5Y)	64.95%
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on August 26, 2024. It was a reverse split with a ratio of 0.066666667:1.

Last Split Date	Aug 26, 2024
Split Type	Reverse
Split Ratio	0.066666667:1

Scores

ESS Tech has an Altman Z-Score of -11.4 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-11.4
Piotroski F-Score	2