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ESS Tech, Inc. GWH
Industrials - Electrical Equipment & Parts - NYSE - US
Watchlist
$ 5.21
-28.9 %
$ 61.8 M
Market Cap
-0.83
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one GWH stock under the base case scenario is HIDDEN Compared to the current market price of 5.21 USD, ESS Tech, Inc. is HIDDEN

GWH Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart GWH

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FINANCIALS
7.54 M REVENUE
743.40%
Growth Rates
1Year 743.40%
3Years 0.00%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-85.9 M OPERATING INCOME
18.57%
Growth Rates
1Year 18.57%
3Years -70.30%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-77.6 M NET INCOME
0.50%
Growth Rates
1Year 0.50%
3Years -36.63%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-54.9 M OPERATING CASH FLOW
32.74%
Growth Rates
1Year 32.74%
3Years -48.85%
5Years 0.00%
7Years 0.00%
10Years 0.00%
15.1 M INVESTING CASH FLOW
112.78%
Growth Rates
1Year 112.78%
3Years 217.55%
5Years 0.00%
7Years 0.00%
10Years 0.00%
25.7 M FINANCING CASH FLOW
729.83%
Growth Rates
1Year 729.83%
3Years 75.79%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-175 K REVENUE
-50.29%
Growth Rates
1Year 743.40%
3Years 0.00%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-23.7 M OPERATING INCOME
-2.41%
Growth Rates
1Year 18.57%
3Years -70.30%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-22.5 M NET INCOME
-2.52%
Growth Rates
1Year 0.50%
3Years -36.63%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-17.6 M OPERATING CASH FLOW
-15.71%
Growth Rates
1Year 32.74%
3Years -48.85%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-6.3 M INVESTING CASH FLOW
-40.66%
Growth Rates
1Year 112.78%
3Years 217.55%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-8 K FINANCING CASH FLOW
-5.80%
Growth Rates
1Year 729.83%
3Years 75.79%
5Years 0.00%
7Years 0.00%
10Years 0.00%
Balance Sheet Decomposition ESS Tech, Inc.
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Current Assets 118 M
Cash & Short-Term Investments 108 M
Receivables 2.24 M
Other Current Assets 7.79 M
Non-Current Assets 25.1 M
Long-Term Investments 0
PP&E 18.4 M
Other Non-Current Assets 6.7 M
Current Liabilities 19.8 M
Accounts Payable 2.76 M
Short-Term Debt 3.16 M
Other Current Liabilities 13.8 M
Non-Current Liabilities 20.1 M
Long-Term Debt 957 K
Other Non-Current Liabilities 19.2 M
EFFICIENCY
Earnings Waterfall ESS Tech, Inc.
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Revenue 7.54 M
Cost Of Revenue 20.5 M
Gross Profit -13 M
Operating Expenses 73 M
Operating Income -85.9 M
Other Expenses -8.33 M
Net Income -77.6 M
RATIOS
-171.82% GROSS MARGIN
-171.82%
Averages
1Year -171.82%
3Years -123.01%
5Years -73.80%
7Years 0.00%
10Years 0.00%
-1139.32% OPERATING MARGIN
-1139.32%
Averages
1Year -1139.32%
3Years -4313.11%
5Years -2587.86%
7Years 0.00%
10Years 0.00%
-1028.89% NET MARGIN
-1028.89%
Averages
1Year -1028.89%
3Years -3250.08%
5Years -1950.05%
7Years 0.00%
10Years 0.00%
-75.06% ROE
-75.06%
Averages
1Year -75.06%
3Years -96.85%
5Years -51.07%
7Years 0.00%
10Years 0.00%
-54.16% ROA
-54.16%
Averages
1Year -54.16%
3Years -76.31%
5Years -124.28%
7Years 0.00%
10Years 0.00%
-81.86% ROIC
-81.86%
Averages
1Year -81.86%
3Years -50.29%
5Years -26.52%
7Years 0.00%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis ESS Tech, Inc.
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Net Income -77.6 M
Depreciation & Amortization 6.51 M
Capital Expenditures -5.79 M
Stock-Based Compensation 10.6 M
Change in Working Capital -1.64 M
Others 16.8 M
Free Cash Flow -60.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets ESS Tech, Inc.
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Wall Street analysts predict an average 1-year price target for GWH of $3.88 , with forecasts ranging from a low of $1.25 to a high of $9 .
GWH Lowest Price Target Wall Street Target
1.25 USD -76.01%
GWH Average Price Target Wall Street Target
3.88 USD -25.46%
GWH Highest Price Target Wall Street Target
9 USD 72.74%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION

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Solid Power, Inc. focuses on the development and commercialization of all-solid-state battery cells and solid electrolyte materials for the battery-powered electric vehicle market in the United States.

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0 USD
SLDP
Overvalued 100.00%

Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States.

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-0.00711 USD
EOSE
Overvalued 100.32%

FREYR Battery engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally.

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1.65 USD
FREY
Overvalued 21.21%

Li-Cycle Holdings Corp. engages in the lithium-ion battery resource recovery and lithium-ion battery recycling business in North America. The company offers a mix of cathode and anode battery materials, including lithium, nickel, and cobalt, as well as graphite, copper, and aluminum; and copper and aluminum metals.

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0 USD
LICY
Overvalued 100.00%
6. Ownership
Insider Ownership ESS Tech, Inc.
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Sold
0-3 MONTHS
40 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
956 USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
83.6 K USD 3
6-9 MONTHS
252 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 11, 2024
Sell 40 K USD
Nijhawan Sandeep
Director
- 7000
 5.72 USD
2 months ago
Aug 30, 2024
Bought 956 USD
Teamey Kyle
Director
+ 142
 6.73 USD
6 months ago
May 14, 2024
Bought 987 USD
Teamey Kyle
Director
+ 1250
 0.7899 USD
6 months ago
May 10, 2024
Bought 45 K USD
Quarls Harry
Director
+ 57310
 0.785 USD
6 months ago
May 09, 2024
Bought 35.8 K USD
Quarls Harry
Director
+ 42690
 0.839 USD
8 months ago
Mar 15, 2024
Bought 1.67 K USD
Hossfeld Rich
Director
+ 2300
 0.7258 USD
8 months ago
Mar 15, 2024
Bought 145 USD
Hossfeld Rich
Director
+ 200
 0.7257 USD
1 year ago
Nov 16, 2023
Bought 6.87 K USD
Quarls Harry
Director
+ 5489
 1.2508 USD
1 year ago
Nov 15, 2023
Bought 90.3 K USD
Quarls Harry
Director
+ 67118
 1.3455 USD
1 year ago
Nov 14, 2023
Bought 102 K USD
Quarls Harry
Director
+ 80579
 1.2695 USD
1 year ago
Nov 13, 2023
Bought 51.6 K USD
Quarls Harry
Director
+ 46814
 1.1029 USD
1 year ago
Nov 13, 2023
Bought 1.11 K USD
Teamey Kyle
Director
+ 1000
 1.1063 USD
1 year ago
May 16, 2023
Bought 8.1 K USD
NIGGLI MICHAEL R
Director
+ 10000
 0.8104 USD
1 year ago
May 16, 2023
Bought 8.06 K USD
Hossfeld Rich
Director
+ 10000
 0.8055 USD
1 year ago
May 15, 2023
Bought 84.3 USD
Teamey Kyle
Director
+ 100
 0.8434 USD
1 year ago
May 15, 2023
Bought 3.29 K USD
Teamey Kyle
Director
+ 3900
 0.8433 USD
1 year ago
May 12, 2023
Bought 22.6 K USD
NIGGLI MICHAEL R
Director
+ 20000
 1.1296 USD
1 year ago
Mar 06, 2023
Bought 8.25 K USD
NIGGLI MICHAEL R
Director
+ 5000
 1.65 USD
1 year ago
Mar 07, 2023
Bought 4.01 K USD
Teamey Kyle
Director
+ 2500
 1.605 USD
1 year ago
Feb 21, 2023
Sell 47.8 K USD
Dresselhuys Eric P.
Chief Executive Officer
- 23440
 2.04 USD
1 year ago
Feb 21, 2023
Sell 11.3 K USD
Evans Craig E
President
- 5536
 2.04 USD
1 year ago
Feb 21, 2023
Sell 0 USD
Evans Craig E
President
- 4915
 0 USD
1 year ago
Dec 15, 2022
Bought 48.9 K USD
NIGGLI MICHAEL R
Director
+ 19100
 2.56 USD
1 year ago
Nov 21, 2022
Sell 54.8 K USD
Dresselhuys Eric P.
Chief Executive Officer
- 14339
 3.8188 USD
1 year ago
Nov 21, 2022
Sell 176 K USD
Evans Craig E
President
- 50000
 3.5187 USD
1 year ago
Nov 21, 2022
Sell 31.4 K USD
Evans Craig E
President
- 8217
 3.8188 USD
2 years ago
Nov 18, 2022
Sell 197 K USD
Evans Craig E
President
- 50000
 3.9337 USD
1 year ago
Nov 21, 2022
Sell 24.2 K USD
Evans Craig E
President
- 6350
 3.8188 USD
2 years ago
Oct 19, 2022
Sell 14.6 K USD
Moftakhar Amir
Chief Financial Officer
- 4193
 3.4819 USD
2 years ago
Oct 19, 2022
Sell 14.6 K USD
Moftakhar Amir
Chief Financial Officer
- 4193
 3.4819 USD
2 years ago
Oct 17, 2022
Sell 60.8 K USD
Evans Craig E
President
- 16340
 3.72 USD
2 years ago
Oct 17, 2022
Sell 47 K USD
Evans Craig E
President
- 12628
 3.72 USD
2 years ago
Oct 17, 2022
Sell 212 K USD
Dresselhuys Eric P.
Chief Executive Officer
- 57027
 3.72 USD
2 years ago
Oct 17, 2022
Sell 53 K USD
Dresselhuys Eric P.
Chief Executive Officer
- 14259
 3.72 USD
2 years ago
Oct 17, 2022
Sell 72.2 K USD
Dresselhuys Eric P.
Chief Executive Officer
- 19398
 3.72 USD
2 years ago
Oct 17, 2022
Sell 72.2 K USD
Dresselhuys Eric P.
Chief Executive Officer
- 19398
 3.72 USD
2 years ago
Oct 17, 2022
Sell 62.2 K USD
Moftakhar Amir
Chief Financial Officer
- 16720
 3.72 USD
2 years ago
Oct 17, 2022
Sell 254 K USD
Moftakhar Amir
Chief Financial Officer
- 63205
 4.0252 USD
2 years ago
Mar 01, 2022
Bought 100 K USD
NIGGLI MICHAEL R
director:
+ 20000
 5.0084 USD
2 years ago
Jan 24, 2022
Sell 8.12 K USD
Evans Craig E
President
- 1342
 6.0528 USD
2 years ago
Jan 24, 2022
Sell 361 K USD
Dresselhuys Eric P.
Chief Executive Officer
- 59642
 6.0528 USD
7. News
ESS Tech, Inc. (GWH) Q3 2024 Earnings Call Transcript ESS Tech, Inc. (NYSE:GWH ) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Erik Bylin - Head of Investor Relations Eric Dresselhuys - Chief Executive Officer Anthony Rabb - Chief Financial Officer Conference Call Participants Justin Clare - ROTH Capital Partners Corinne Blanchard - Deutsche Bank Colin Rusch - Oppenheimer Ben Kallo - Baird George Gianarikas - Canaccord Genuity Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode. seekingalpha.com - 3 days ago
ESS Tech, Inc. (GWH) Reports Q3 Loss, Misses Revenue Estimates ESS Tech, Inc. (GWH) came out with a quarterly loss of $1.90 per share versus the Zacks Consensus Estimate of a loss of $1.97. This compares to loss of $1.65 per share a year ago. zacks.com - 3 days ago
ESS Tech, Inc. Announces Third Quarter 2024 Financial Results WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced financial results for its third quarter ended September 30, 2024. “The core investment thesis for ESS remains as strong as ever – we have a massive and important emerging market opportunity in front of us, a top tier, forward-thinking customer base, and a differen. businesswire.com - 3 days ago
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ESS Inc. Schedules Third Quarter 2024 Financial Results Conference Call WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it will hold a conference call on Wednesday, November 13, 2024 at 5:00 p.m. EST to discuss financial results for its third quarter 2024 ended September 30, 2024. The news release announcing the third quarter 2024 financial results will be disseminated on November 13, 2024 after. businesswire.com - 3 weeks ago
ESS' Australian Partner Raises AU$65M in Public and Private Funds to Accelerate Iron Flow Deployments WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that its Australian partner, Energy Storage Industries – Asia Pacific (ESI), has received an investment of AU$25 million (~US$17 million) from the Queensland Government and raised a further AU$40 million (~US$23 million) in private capital to accelerate the clean energy transition in Australia a. businesswire.com - 1 month ago
ESS Tech, Inc. (GWH) Q2 2024 Earnings Call Transcript ESS Tech, Inc. (NYSE:GWH ) Q2 2024 Results Conference Call August 14, 2024 5:00 PM ET Company Participants Erik Bylin - Head of IR Eric Dresselhuys - CEO Tony Rabb - CFO Conference Call Participants Justin Clare - ROTH MKM Davis Sunderland - Robert W. Baird Thomas Boyes - TD Cowen Operator Ladies and gentlemen, thank you for standing by. seekingalpha.com - 3 months ago
ESS Tech, Inc. (GWH) Reports Q2 Loss, Misses Revenue Estimates ESS Tech, Inc. (GWH) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.15 per share a year ago. zacks.com - 3 months ago
ESS Tech, Inc. Announces Second Quarter 2024 Financial Results WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced financial results for its second quarter ended June 30, 2024. “ESS made significant headway in the business in the second quarter and we continue to be encouraged by the growing imperative for Long Duration Energy Storage to be coupled to renewables. Importantly,. businesswire.com - 3 months ago
ESS Tech, Inc. (GWH) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release ESS Tech (GWH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 months ago
ESS' Iron Flow Batteries Selected by Indian Energy and the California Energy Commission to Demonstrate Utility-Scale Resilient Microgrids WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc., (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale energy storage applications, today announced that it will participate in the Rapid Integration and Commercialization Unit (RICU) at Marine Corps Air Station Miramar. The RICU is a living laboratory for testing how leading LDES technologies can be integrated into utility-scale microgrid applications. The RICU is a venture be. businesswire.com - 4 months ago
ESS's Energy Center Receives Smarter E Innovation Award Underscoring Critical Role of LDES in Clean Energy Transition MUNICH--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that its Energy Center™ system was awarded the Smarter E Award for Energy Storage Technologies at the smarter E Award ceremony occurring in advance of Intersolar Europe in Munich, Germany. The smarter E Award is adjudicated by a select group of independent industry experts, analysts and academics, and is o. businesswire.com - 4 months ago
8. Profile Summary

ESS Tech, Inc. GWH

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COUNTRY US
INDUSTRY Electrical Equipment & Parts
MARKET CAP $ 61.8 M
Dividend Yield 0.00%
Description 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.
Contact Building 83, Wilsonville, OR, 97070 https://essinc.com
IPO Date Jan. 4, 2021
Employees 231
Officers Dr. Benjamin Heng Executive Vice President of Engineering Mr. Anthony A. Rabb Chief Financial Officer Erik Bylin Head of Investor Relations Ms. Kelly F. Goodman J.D. Corporate Secretary & Vice President of Legal Mr. Chris Montgomery Senior Vice President of Supply Chain Mr. Hugh McDermott Senior Vice President of Sales & Business Development Mr. Brian Lisiecki Chief Information Officer Mr. Eric P. Dresselhuys Chief Executive Officer & Director