GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ESS Tech Inc (NYSE:GWH) » Definitions » EV-to-EBIT

ESS Tech (ESS Tech) EV-to-EBIT

: -0.12 (As of Today)
View and export this data going back to 2021. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ESS Tech's Enterprise Value is $10.66 Mil. ESS Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-85.91 Mil. Therefore, ESS Tech's EV-to-EBIT for today is -0.12.

The historical rank and industry rank for ESS Tech's EV-to-EBIT or its related term are showing as below:

GWH' s EV-to-EBIT Range Over the Past 10 Years
Min: -2.32   Med: -0.81   Max: -0.02
Current: -0.12

During the past 4 years, the highest EV-to-EBIT of ESS Tech was -0.02. The lowest was -2.32. And the median was -0.81.

GWH's EV-to-EBIT is ranked worse than
100% of 2380 companies
in the Industrial Products industry
Industry Median: 16.2 vs GWH: -0.12

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ESS Tech's Enterprise Value for the quarter that ended in Dec. 2023 was $93.08 Mil. ESS Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-85.91 Mil. ESS Tech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -92.30%.


ESS Tech EV-to-EBIT Historical Data

The historical data trend for ESS Tech's EV-to-EBIT 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 Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -3.16 -2.27 -1.08

ESS Tech Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.27 -0.93 -1.24 -2.07 -1.08

Competitive Comparison

For the Electrical Equipment & Parts subindustry, ESS Tech's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Industrial Products industry and Industrials sector, ESS Tech's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ESS Tech's EV-to-EBIT falls into.



ESS Tech EV-to-EBIT Calculation

ESS Tech's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10.659/-85.905
=-0.12

ESS Tech's current Enterprise Value is $10.66 Mil.
ESS Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-85.91 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  (NYSE:GWH) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

ESS Tech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-85.905/93.07568
=-92.30 %

ESS Tech's Enterprise Value for the quarter that ended in Dec. 2023 was $93.08 Mil.
ESS Tech's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-85.91 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of ESS Tech's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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

ESS Tech (ESS Tech) Headlines

From GuruFocus

LEAG and ESS to Develop Clean Energy Hub for Germany

By Business Wire Business Wire 06-15-2023

ESS Energy Warehouse Receives Further Safety Certification

By Business Wire Business Wire 05-23-2023