ESS Tech Inc
NYSE:GWH

Watchlist Manager
ESS Tech Inc Logo
ESS Tech Inc
NYSE:GWH
Watchlist
Price: 2.27 USD -0.44% Market Closed
Market Cap: 27.5m USD

Relative Value

The Relative Value of one GWH stock under the Base Case scenario is 42.1 USD. Compared to the current market price of 2.27 USD, ESS Tech Inc is Undervalued by 95%.

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.

GWH Relative Value
Base Case
42.1 USD
Undervaluation 95%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
13
Median 3Y
326.4
Median 5Y
14.6
Industry
1.6
Forward
1.4
vs History
vs Industry
Median 3Y
-30.3
Median 5Y
-37.1
Industry
21
Forward
-0.5
vs History
vs Industry
Median 3Y
-42.8
Median 5Y
-68.7
Industry
13.9
vs History
vs Industry
Median 3Y
-37.9
Median 5Y
-57.3
Industry
18.2
vs History
72
vs Industry
72
Median 3Y
27.7
Median 5Y
22.6
Industry
1.8
vs History
vs Industry
19
Median 3Y
312
Median 5Y
6.2
Industry
1.6
Forward
-0.2
vs History
0
vs Industry
90
Median 3Y
-550.2
Median 5Y
0
Industry
6.7
vs History
0
vs Industry
69
Median 3Y
-31.1
Median 5Y
-50.6
Industry
13.9
Forward
0.1
vs History
0
vs Industry
64
Median 3Y
-29.9
Median 5Y
-49.9
Industry
17
Forward
0.1
vs History
0
vs Industry
68
Median 3Y
-41.6
Median 5Y
-67
Industry
13.4
vs History
0
vs Industry
52
Median 3Y
-37.3
Median 5Y
-57.1
Industry
15.7
vs History
vs Industry
62
Median 3Y
99.5
Median 5Y
153.4
Industry
1.5

Multiples Across Competitors

GWH Competitors Multiples
ESS Tech Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
ESS Tech Inc
NYSE:GWH
27.2m USD 4.3 -0.3 0.1 0
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1T CNY 2.8 19.2 16.6 16.6
FR
Schneider Electric SE
PAR:SU
122.2B EUR 3.2 28.6 15.6 19.2
IE
Eaton Corporation PLC
NYSE:ETN
113.5B USD 4.6 29.9 21.3 25.5
CH
Abb Ltd
SIX:ABBN
79.3B CHF 2.9 23.2 15.6 17.9
US
Emerson Electric Co
NYSE:EMR
59.4B USD 3.4 24.6 13.9 21.9
KR
LG Energy Solution Ltd
KRX:373220
80.4T KRW 3.1 -78.9 25.4 159.7
US
AMETEK Inc
NYSE:AME
38.5B USD 5.5 27.9 18.3 22.2
BR
WEG SA
BOVESPA:WEGE3
209.3B BRL 5.5 34.6 23.9 26.4
US
Vertiv Holdings Co
NYSE:VRT
33.1B USD 3.9 49.7 19.7 23.5
FR
Legrand SA
PAR:LR
25.4B EUR 2.9 21.8 13.9 17.1
P/E Multiple
Earnings Growth PEG
US
ESS Tech Inc
NYSE:GWH
Average P/E: 28.9
Negative Multiple: -0.3
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
19.2
23%
0.8
FR
Schneider Electric SE
PAR:SU
28.6
18%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
29.9
16%
1.9
CH
Abb Ltd
SIX:ABBN
23.2
12%
1.9
US
Emerson Electric Co
NYSE:EMR
24.6
27%
0.9
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -78.9 N/A N/A
US
AMETEK Inc
NYSE:AME
27.9
12%
2.3
BR
WEG SA
BOVESPA:WEGE3
34.6
18%
1.9
US
Vertiv Holdings Co
NYSE:VRT
49.7
60%
0.8
FR
Legrand SA
PAR:LR
21.8
11%
2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
ESS Tech Inc
NYSE:GWH
Average EV/EBITDA: 16.7
0.1
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
16.6
35%
0.5
FR
Schneider Electric SE
PAR:SU
15.6
12%
1.3
IE
Eaton Corporation PLC
NYSE:ETN
21.3
12%
1.8
CH
Abb Ltd
SIX:ABBN
15.6
10%
1.6
US
Emerson Electric Co
NYSE:EMR
13.9
12%
1.2
KR
LG Energy Solution Ltd
KRX:373220
25.4
44%
0.6
US
AMETEK Inc
NYSE:AME
18.3
8%
2.3
BR
WEG SA
BOVESPA:WEGE3
23.9
18%
1.3
US
Vertiv Holdings Co
NYSE:VRT
19.7
20%
1
FR
Legrand SA
PAR:LR
13.9
9%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
ESS Tech Inc
NYSE:GWH
Average EV/EBIT: 31.8
0
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
16.6
22%
0.8
FR
Schneider Electric SE
PAR:SU
19.2
14%
1.4
IE
Eaton Corporation PLC
NYSE:ETN
25.5
13%
2
CH
Abb Ltd
SIX:ABBN
17.9
11%
1.6
US
Emerson Electric Co
NYSE:EMR
21.9
26%
0.8
KR
LG Energy Solution Ltd
KRX:373220
159.7
135%
1.2
US
AMETEK Inc
NYSE:AME
22.2
9%
2.5
BR
WEG SA
BOVESPA:WEGE3
26.4
18%
1.5
US
Vertiv Holdings Co
NYSE:VRT
23.5
25%
0.9
FR
Legrand SA
PAR:LR
17.1
11%
1.6