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ESS Tech Inc
NYSE:GWH

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ESS Tech Inc
NYSE:GWH
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Price: 1.1 USD Market Closed
Market Cap: $29.9m

EV/IC

0.7
Current
87%
Cheaper
vs 3-y average of 5

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
$20.1m
/
Invested Capital
$26.1m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
$20.1m
/
Invested Capital
$26.1m

Valuation Scenarios

ESS Tech Inc is trading below its 3-year average

If EV/IC returns to its 3-Year Average (5), the stock would be worth $8.4 (663% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 852%
Average Upside
724%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.7 $1.1
0%
3-Year Average 5 $8.4
+663%
5-Year Average 12.8 $21.47
+1 852%
Industry Average 2.3 $3.89
+253%
Country Average 1.5 $2.49
+127%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
US
ESS Tech Inc
NYSE:GWH
29.9m USD 0.7 -0.5
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 5.2 25.8
CH
Abb Ltd
SIX:ABBN
142.4B CHF 5.5 36.6
FR
Schneider Electric SE
PAR:SU
151B EUR 3.4 36.3
IE
Eaton Corporation PLC
NYSE:ETN
165.1B USD 4.8 40.4
US
Vertiv Holdings Co
NYSE:VRT
126.1B USD 14.1 80.9
US
Emerson Electric Co
NYSE:EMR
77.2B USD 2.1 33.4
KR
LG Energy Solution Ltd
KRX:373220
107.8T KRW 2 -100.4
JP
Fujikura Ltd
TSE:5803
9.6T JPY 15.4 66.8
US
AMETEK Inc
NYSE:AME
52.8B USD 4 35.7
FR
Legrand SA
PAR:LR
39.7B EUR 3.1 31.9
P/E Multiple
Earnings Growth PEG
US
ESS Tech Inc
NYSE:GWH
Average P/E: 43.1
Negative Multiple: -0.5
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
25.8
22%
1.2
CH
Abb Ltd
SIX:ABBN
36.6
13%
2.8
FR
Schneider Electric SE
PAR:SU
36.3
23%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
40.4
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
80.9
43%
1.9
US
Emerson Electric Co
NYSE:EMR
33.4
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -100.4 N/A N/A
JP
Fujikura Ltd
TSE:5803
66.8
44%
1.5
US
AMETEK Inc
NYSE:AME
35.7
14%
2.5
FR
Legrand SA
PAR:LR
31.9
14%
2.3

Market Distribution

Lower than 83% of companies in the United States of America
Percentile
17th
Based on 11 657 companies
17th percentile
0.7
Low
0 — 0.9
Typical Range
0.9 — 2.9
High
2.9 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.9
Max 566 432.7

ESS Tech Inc
Glance View

Market Cap
29.9m USD
Industry
Electrical Equipment

ESS Tech Inc is a KY-based company operating in Electrical Equipment industry. The company is headquartered in George Town, Grand Cayman and currently employs 2 full-time employees. The company went IPO on 2020-09-17. ESS Tech Inc., formerly ACON S2 Acquisition Corp., is a manufacturer of long-duration batteries for commercial and utility-scale energy storage applications. The firm designs, builds and deploys environmentally sustainable, iron flow batteries for long-duration commercial and utility-scale energy storage applications. The firm enables project developers, utilities, and commercial and industrial facility owners to make the transition to more flexible non-lithium-ion storage that is better suited for the grid and the environment. The firm's iron flow batteries circulate liquid electrolytes to charge and discharge electrons via a process called a redox reaction. The company uses the same electrolyte on both the negative and positive sides of the equation, eliminating cross-contamination and degradation. The firm provides ESS generation 2.0 platform, which is designed to eliminate potential points of failure. The firm's solutions include Energy Warehouse and Energy Center.

GWH Intrinsic Value
0.24 USD
Overvaluation 78%
Intrinsic Value
Price $1.1
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