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ESS Tech (ESS Tech) Enterprise Value : $38.09 Mil (As of Jun. 05, 2024)


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What is ESS Tech Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ESS Tech's Enterprise Value is $38.09 Mil. ESS Tech's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-80.90 Mil. Therefore, ESS Tech's EV-to-EBIT ratio for today is -0.47.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ESS Tech's Enterprise Value is $38.09 Mil. ESS Tech's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-74.25 Mil. Therefore, ESS Tech's EV-to-EBITDA ratio for today is -0.51.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ESS Tech's Enterprise Value is $38.09 Mil. ESS Tech's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $9.91 Mil. Therefore, ESS Tech's EV-to-Revenue ratio for today is 3.85.


ESS Tech Enterprise Value Historical Data

The historical data trend for ESS Tech's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ESS Tech Enterprise Value Chart

ESS Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Enterprise Value
- 1,501.87 239.84 93.08

ESS Tech Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.67 133.58 203.66 93.08 39.11

Competitive Comparison of ESS Tech's Enterprise Value

For the Electrical Equipment & Parts subindustry, ESS Tech's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ESS Tech's Enterprise Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ESS Tech's Enterprise Value distribution charts can be found below:

* The bar in red indicates where ESS Tech's Enterprise Value falls into.



ESS Tech Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

ESS Tech's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

ESS Tech's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ESS Tech  (NYSE:GWH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

ESS Tech's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=38.093/-80.9
=-0.47

ESS Tech's current Enterprise Value is $38.09 Mil.
ESS Tech's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-80.90 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

ESS Tech's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=38.093/-74.245
=-0.51

ESS Tech's current Enterprise Value is $38.09 Mil.
ESS Tech's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-74.25 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

ESS Tech's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=38.093/9.906
=3.85

ESS Tech's current Enterprise Value is $38.09 Mil.
ESS Tech's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.91 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ESS Tech Enterprise Value Related Terms

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ESS Tech (ESS Tech) Business Description

Traded in Other Exchanges
Address
26440 SW Parkway Avenue, Building 83, Wilsonville, OR, USA, 97070
ESS Tech Inc is a long-duration energy storage company specializing in iron flow battery technology. The company design and produce long-duration batteries predominantly using earth-abundant materials.
Executives
Harry Quarls director 14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079
Kyle Teamey director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Honeywell International Inc 10 percent owner 855 S. MINT STREET, CHARLOTTE NC 28202
Sandeep Nijhawan director ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Michael R Niggli director 101 ASH STREET HQ18, SAN DIEGO CA 92101
Rich Hossfeld director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Craig E Evans director, officer: President C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Eric P. Dresselhuys director, officer: Chief Executive Officer 555 BROADWAY STREET, REDWOOD CITY CA 94063
Anthony Rabb officer: Chief Financial Officer C/O ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Amir Moftakhar officer: Chief Financial Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Claudia Gast director C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010
Jeff Bodner officer: Chief Accounting Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE CA 97070
Breakthrough Energy Investments Llc 10 percent owner 250 SUMMER STREET, 4TH FLOOR, BOSTON MA 02210
Julia Song officer: Chief Technology Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Shirley Speakman director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070