ESS Tech, Inc.
General ticker "GWH" information:
- Sector: Industrials
- Industry: Electrical Equipment
- Capitalization: $153.6M (TTM average)
ESS Tech, Inc. follows the US Stock Market performance with the rate: 4.9%.
Estimated limits based on current volatility of 3.2%: low 2.29$, high 2.52$
Factors to consider:
- Total employees count: 231 (-14.8%) as of 2023
- Top business risk factors: Failure to produce energy storage products, Early stage of commercialization, Dependence on warranty insurance, Market competition, Strategic risks and growth management
- Current price 49.5% below estimated low
- Earnings for 18 months up through Q2 (+1 year) are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [7.90$, 23.71$]
- 2024-12-30 to 2025-12-30 estimated range: [4.72$, 15.37$]
Financial Metrics affecting the GWH estimates:
- Negative: with PPE of -2.3 at the end of fiscal year the price was very high
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -1.99 <= 0.33
- Negative: negative Industry operating cash flow (median)
- Negative: negative Net income
- Positive: Shareholder equity ratio, % of 72.16 > 63.39
- Positive: Interest expense per share per price, % of 0 <= 0.01
- Positive: Investing cash flow per share per price, % of 0.55 > -0.66
Short-term GWH quotes
Long-term GWH plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $0.89MM | $7.54MM |
| Operating Expenses | $60.60MM | $106.39MM | $93.44MM |
| Operating Income | $-60.60MM | $-105.49MM | $-85.91MM |
| Non-Operating Income | $-416.51MM | $27.52MM | $8.33MM |
| R&D Expense | $30.27MM | $71.98MM | $42.63MM |
| Income(Loss) | $-477.12MM | $-77.97MM | $-77.58MM |
| Profit(Loss)* | $-477.12MM | $-77.97MM | $-77.58MM |
| Stockholders Equity | $205.16MM | $136.97MM | $103.36MM |
| Inventory | $0.00MM | $1.21MM | $3.37MM |
| Assets | $250.20MM | $173.55MM | $143.23MM |
| Operating Cash Flow | $-51.85MM | $-81.62MM | $-54.90MM |
| Capital expenditure | $2.77MM | $14.18MM | $5.79MM |
| Investing Cash Flow | $-2.77MM | $-117.88MM | $15.07MM |
| Financing Cash Flow | $288.45MM | $-4.07MM | $25.65MM |
| Earnings Per Share** | $-5.73 | $-0.51 | $-0.48 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.