ESS Tech, Inc. (GWH)

NYSE: GWH · IEX Real-Time Price · USD
0.723
-0.027 (-3.56%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

ESS Tech has a market cap or net worth of $123.02 million. The enterprise value is $16.12 million.

Market Cap 123.02M
Enterprise Value 16.12M

Important Dates

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

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

Share Statistics

ESS Tech has 173.01 million shares outstanding. The number of shares has increased by 4.77% in one year.

Shares Outstanding 173.01M
Shares Change (YoY) +4.77%
Shares Change (QoQ) +10.58%
Owned by Insiders (%) 39.00%
Owned by Institutions (%) 41.55%
Float 63.68M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 16.32
Forward PS 2.14
PB Ratio 1.19
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.14
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 5.98, with a Debt / Equity ratio of 0.02.

Current Ratio 5.98
Quick Ratio 5.64
Debt / Equity 0.02
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -71.40% and return on invested capital (ROIC) is -81.12%.

Return on Equity (ROE) -71.40%
Return on Assets (ROA) -53.80%
Return on Capital (ROIC) -81.12%
Revenue Per Employee $32,641
Profits Per Employee -$335,835
Employee Count 231
Asset Turnover 0.05
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -31.11% in the last 52 weeks. The beta is 1.63, so ESS Tech's price volatility has been higher than the market average.

Beta (1Y) 1.63
52-Week Price Change -31.11%
50-Day Moving Average 0.88
200-Day Moving Average 1.31
Relative Strength Index (RSI) 43.64
Average Volume (30 Days) 986,352

Short Selling Information

The latest short interest is 11.85 million, so 6.85% of the outstanding shares have been sold short.

Short Interest 11.85M
Short Previous Month 10.43M
Short % of Shares Out 6.85%
Short % of Float 18.60%
Short Ratio (days to cover) 13.91

Income Statement

In the last 12 months, ESS Tech had revenue of $7.54 million and -$77.58 million in losses. Loss per share was -$0.48.

Revenue 7.54M
Gross Profit -12.96M
Operating Income -85.91M
Pretax Income -77.58M
Net Income -77.58M
EBITDA -69.83M
EBIT -77.58M
Loss Per Share -$0.48
Full Income Statement

Balance Sheet

The company has $109.44 million in cash and $2.54 million in debt, giving a net cash position of $106.90 million or $0.62 per share.

Cash & Cash Equivalents 109.44M
Total Debt 2.54M
Net Cash 106.90M
Net Cash Per Share $0.62
Equity / Book Value 103.36M
Book Value Per Share 0.60
Working Capital 98.33M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$54.90 million and capital expenditures -$5.79 million, giving a free cash flow of -$60.69 million.

Operating Cash Flow -54.90M
Capital Expenditures -5.79M
Free Cash Flow -60.69M
FCF Per Share -$0.38
Full Cash Flow Statement

Margins

Gross margin is -171.82%, with operating and profit margins of -1,139.32% and -1,028.89%.

Gross Margin -171.82%
Operating Margin -1,139.32%
Pretax Margin -1,028.89%
Profit Margin -1,028.89%
EBITDA Margin -926.14%
EBIT Margin -1,028.89%
FCF Margin -804.85%

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 -4.77%
Shareholder Yield -4.77%
Earnings Yield -63.06%
FCF Yield -49.33%

Analyst Forecast

The average price target for ESS Tech is $2.45, which is 238.73% higher than the current price. The consensus rating is "Buy".

Price Target $2.45
Price Target Difference 238.73%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 58.23%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

ESS Tech has an Altman Z-Score of -5.86 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -5.86
Piotroski F-Score 4