GWHWW (ESS Tech) ROCE %: -214.31% (As of Mar. 2026)


GWHWW ESS Tech Inc GWHWW
35 GF Score
Price $0.03
! 5 Warning Signs
View Full Analysis

What is ESS Tech ROCE %?

ESS Tech GWHWW 35 ROCE % is -214.31% as of Mar. 2026. GuruFocus rates GWHWW with a GF Score™ of 35/100. The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. ESS Tech's annualized ROCE % for the quarter that ended in Mar. 2026 was -214.31%.

ESS Tech  (OTCPK:GWHWW) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

ESS Tech ROCE % Related Terms

ESS Tech ROCE % Historical Data

* Premium members only.

The historical data trend for ESS Tech's ROCE % 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.

ESS Tech ROCE % Chart

ESS Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -400.69 -55.21 -63.86 -107.11 -163.81

ESS Tech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -192.16 -196.74 -280.29 -374.51 -214.31
GWHWW
35GF Score
ESS Tech Inc GWHWW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ESS Tech ROCE % Calculation

ESS Tech's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-57.407/( ( (71.813 - 27.602) + (51.172 - 25.292) )/ 2 )
=-57.407/( (44.211+25.88)/ 2 )
=-57.407/35.0455
=-163.81 %

ESS Tech's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-55.12/( ( (51.172 - 25.292) + (48.572 - 23.013) )/ 2 )
=-55.12/( ( 25.88 + 25.559 )/ 2 )
=-55.12/25.7195
=-214.31 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -214.31% mean?
ESS Tech (GWHWW) has a ROCE % of -214.31% as of Mar. 2026.
Is ESS Tech's ROCE % too high?
ESS Tech's current ROCE % is -214.31%. Overall, ESS Tech has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does ESS Tech's ROCE % compare to DFLI and EPOW?
ESS Tech's ROCE % of -214.31% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.04. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.04, based on 3,024 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ESS Tech's current ROCE % is -214.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ESS Tech stock overvalued right now?
ESS Tech (GWHWW) has a current ROCE % of -214.31%. The current ROCE % is -214.31%. ESS Tech's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For ESS Tech (GWHWW), the current ROCE % is -214.31% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ESS Tech Business Description

Other Exchanges GWH:USA
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. It develops and manufactures long-duration energy storage systems based on iron flow battery technology. The company's batteries use earth-abundant materials, including iron, salt, and water, and are designed for high cycle life and recyclability. It operates as a single business operating segment, which includes all activities related to the design, engineering, and manufacturing of the company's long duration energy storage products. The company's revenue is derived from the sale of its energy storage products and from service contracts.
35GF Score

Get the complete analysis for GWHWW

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.03
Price