ITM Power PLC
LSE:ITM

Watchlist Manager
ITM Power PLC Logo
ITM Power PLC
LSE:ITM
Watchlist
Price: 37.28 GBX -5.81%
Market Cap: 230.2m GBX
Have any thoughts about
ITM Power PLC?
Write Note
Section:
 

Relative Value

The Relative Value of one ITM stock under the Base Case scenario is 33.59 GBX. Compared to the current market price of 37.28 GBX, ITM Power PLC is Overvalued by 10%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ITM Relative Value
Base Case
33.59 GBX
Overvaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

13.9
P/S
P/S
Price to Sales
13.9
vs History
98
vs Industry
2
Median 3Y
92.2
Median 5Y
175.4
Industry
1.7
Forward
6.9
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-8.1
Median 5Y
-23.8
Industry
22.7
Forward
-6
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-7.1
Median 5Y
-33.2
Industry
14.3
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-5.8
Median 5Y
-22.1
Industry
19.7
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
98
vs Industry
62
Median 3Y
1.6
Median 5Y
3.2
Industry
1.9
More Details
0.7
EV/S
EV/S
Enterprise Value to Sales
0.7
vs History
98
vs Industry
10
Median 3Y
39.5
Median 5Y
86.4
Industry
1.7
Forward
0.4
More Details
Negative
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
-4.4
Median 5Y
-38.7
Industry
7.1
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-2.9
Median 5Y
-21.8
Industry
14.6
Forward
-0.3
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-2.5
Median 5Y
-19
Industry
17.9
Forward
-0.3
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-3
Median 5Y
-23.8
Industry
14
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-2.5
Median 5Y
-15.2
Industry
17.5
More Details
0.1
EV/IC
EV/IC
Enterprise Value to IC
0.1
vs History
98
vs Industry
62
Median 3Y
2.8
Median 5Y
12.8
Industry
1.6
More Details

Multiples Across Competitors

ITM Competitors Multiples
ITM Power PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
ITM Power PLC
LSE:ITM
230m GBP 13.9 -8.4 -0.4 -0.3
DE
Siemens Energy AG
XETRA:ENR
39.9B EUR 1.2 33.7 25.2 -418
JP
Mitsubishi Electric Corp
TSE:6503
5.5T JPY 1 19.5 8.5 13.3
CN
NARI Technology Co Ltd
SSE:600406
189B CNY 3.4 25.5 20.7 20.7
CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
21.5B EUR 2.9 92 83.5 83.5
IN
ABB India Ltd
NSE:ABB
1.4T INR 12.1 83.5 65.6 69.9
DK
Vestas Wind Systems A/S
CSE:VWS
97.4B DKK 0.9 -266.4 -902.7 -902.7
CN
Shanghai Electric Group Co Ltd
SSE:601727
90.9B CNY 0.8 407.8 42.6 42.6
CN
Hangzhou Steam Turbine Co Ltd
SZSE:200771
11.4B 0 0 0 0
KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
14.4T KRW 4.4 28.2 19.3 21.1
IN
Suzlon Energy Ltd
NSE:SUZLON
803.4B INR 10.2 83.4 62.8 73.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
ITM Power PLC
LSE:ITM
Average EV/EBITDA: 41
Negative Multiple: -0.4 		N/A N/A
DE
Siemens Energy AG
XETRA:ENR
25.2
59%
0.4
JP
Mitsubishi Electric Corp
TSE:6503
8.5
13%
0.7
CN
NARI Technology Co Ltd
SSE:600406
20.7
18%
1.2
CN
G
Goldwind Science & Technology Co Ltd
XMUN:CXGH
83.5
95%
0.9
IN
ABB India Ltd
NSE:ABB
65.6
26%
2.5
DK
Vestas Wind Systems A/S
CSE:VWS
Negative Multiple: -902.7
51%
N/A
CN
Shanghai Electric Group Co Ltd
SSE:601727
42.6
47%
0.9
CN
H
Hangzhou Steam Turbine Co Ltd
SZSE:200771
Not Available N/A N/A
KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
19.3
48%
0.4
IN
Suzlon Energy Ltd
NSE:SUZLON
62.8
52%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
ITM Power PLC
LSE:ITM
Average EV/EBIT: 46.4
Negative Multiple: -0.3 		N/A N/A
DE
Siemens Energy AG
XETRA:ENR
Negative Multiple: -418 N/A N/A
JP
Mitsubishi Electric Corp
TSE:6503
13.3
N/A N/A
CN
NARI Technology Co Ltd
SSE:600406
20.7
13%
1.6
CN
G
Goldwind Science & Technology Co Ltd
XMUN:CXGH
83.5
64%
1.3
IN
ABB India Ltd
NSE:ABB
69.9
29%
2.4
DK
Vestas Wind Systems A/S
CSE:VWS
Negative Multiple: -902.7
269%
N/A
CN
Shanghai Electric Group Co Ltd
SSE:601727
42.6
13%
3.3
CN
H
Hangzhou Steam Turbine Co Ltd
SZSE:200771
Not Available N/A N/A
KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
21.1
52%
0.4
IN
Suzlon Energy Ltd
NSE:SUZLON
73.4
57%
1.3

See Also

Summary
ITM intrinsic value, competitors valuation, and company profile.
DCF Valuation
ITM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ITM stock valuation using valuation multiples.
Wall Street Estimates
ITM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ITM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 215,600+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.