GWH - NYSE

ESS Tech, Inc.

ESS Tech, Inc.

GWHยทNYSE

$4.25

-0.93%
IndustrialsElectrical Equipment & Parts

ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$60.49M
EPS-7.3200
P/E Ratio-12.04
Earnings Date11/13/2025
ESS Tech, Inc.

ESS Tech, Inc. Fair Value Envelope

GWH ยท NYSE

Our analysis suggests that GWH has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.25, this represents a potential HIDDEN relative to our calculated worth for ESS Tech, Inc..

HIDDEN
Intrinsic Value
Current Price: $4.25

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$128.8M
+ Cash & Equivalents$13.3M
Firm Value-$115.4M
- Debt$1.7M
Equity Value-$117.1M
/ Shares Outstanding14,232,142B
DCF Value-$8
OVERVALUED BY 294%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$49.8M
-$34.4M
-$23.7M
-$16.3M
-$11.3M
-$7.8M
-$5.4M
-$3.7M
-$2.6M
-$1.8M
Maintenance CapEx
-$1.0M
-$694.1K
-$478.7K
-$330.2K
-$227.8K
-$157.1K
-$108.4K
-$74.7K
-$51.6K
-$35.6K
Owner Earnings
-$50.8M
-$35.1M
-$24.2M
-$16.7M
-$11.5M
-$7.9M
-$5.5M
-$3.8M
-$2.6M
-$1.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$47.1M
-$30.1M
-$19.2M
-$12.3M
-$7.8M
-$5.0M
-$3.2M
-$2.0M
-$1.3M
-$832.0K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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