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FREYR BATTERY INC (FREY) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:FREY - US35834F1049 - Common Stock

1.53 USD
-0.04 (-2.55%)
Last: 2/28/2025, 8:04:01 PM
1.52 USD
-0.01 (-0.65%)
After Hours: 2/28/2025, 8:04:01 PM
Fundamental Rating

3

Overall FREY gets a fundamental rating of 3 out of 10. We evaluated FREY against 90 industry peers in the Electrical Equipment industry. While FREY has a great health rating, there are worries on its profitability. FREY has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

FREY had negative earnings in the past year.
In the past year FREY has reported a negative cash flow from operations.
In the past 5 years FREY always reported negative net income.
FREY had a negative operating cash flow in each of the past 5 years.
FREY Yearly Net Income VS EBIT VS OCF VS FCFFREY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 -50M -100M -150M -200M -250M

1.2 Ratios

FREY's Return On Assets of -9.83% is in line compared to the rest of the industry. FREY outperforms 56.99% of its industry peers.
The Return On Equity of FREY (-11.36%) is better than 60.22% of its industry peers.
Industry RankSector Rank
ROA -9.83%
ROE -11.36%
ROIC N/A
ROA(3y)-12.22%
ROA(5y)-67.42%
ROE(3y)-14.08%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FREY Yearly ROA, ROE, ROICFREY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 0 100 -100 200 -200

1.3 Margins

FREY does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
FREY Yearly Profit, Operating, Gross MarginsFREY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023

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7

2. Health

2.1 Basic Checks

FREY has about the same amout of shares outstanding than it did 1 year ago.
FREY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FREY Yearly Shares OutstandingFREY Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
FREY Yearly Total Debt VS Total AssetsFREY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 200M 400M 600M 800M

2.2 Solvency

Based on the Altman-Z score of 0.74, we must say that FREY is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.74, FREY is in line with its industry, outperforming 58.06% of the companies in the same industry.
There is no outstanding debt for FREY. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 0.74
ROIC/WACCN/A
WACCN/A
FREY Yearly LT Debt VS Equity VS FCFFREY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 200M -200M 400M 600M

2.3 Liquidity

A Current Ratio of 6.34 indicates that FREY has no problem at all paying its short term obligations.
With an excellent Current ratio value of 6.34, FREY belongs to the best of the industry, outperforming 92.47% of the companies in the same industry.
A Quick Ratio of 6.34 indicates that FREY has no problem at all paying its short term obligations.
The Quick ratio of FREY (6.34) is better than 94.62% of its industry peers.
Industry RankSector Rank
Current Ratio 6.34
Quick Ratio 6.34
FREY Yearly Current Assets VS Current LiabilitesFREY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 100M 200M 300M 400M 500M

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2

3. Growth

3.1 Past

FREY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -442.86%.
EPS 1Y (TTM)-442.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.71%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, FREY will show a very negative growth in Earnings Per Share. The EPS will decrease by -47.97% on average per year.
Based on estimates for the next years, FREY will show a very strong growth in Revenue. The Revenue will grow by 289.43% on average per year.
EPS Next Y-68%
EPS Next 2Y-25.7%
EPS Next 3Y-47.97%
EPS Next 5YN/A
Revenue Next Year-49.6%
Revenue Next 2Y55.95%
Revenue Next 3Y54.17%
Revenue Next 5Y289.43%

3.3 Evolution

FREY Yearly Revenue VS EstimatesFREY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2B 4B 6B
FREY Yearly EPS VS EstimatesFREY Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 -0.5 -1 -1.5

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0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for FREY. In the last year negative earnings were reported.
Also next year FREY is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FREY Price Earnings VS Forward Price EarningsFREY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
FREY Per share dataFREY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 3 4

4.3 Compensation for Growth

A cheap valuation may be justified as FREY's earnings are expected to decrease with -47.97% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-25.7%
EPS Next 3Y-47.97%

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0

5. Dividend

5.1 Amount

FREY does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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FREYR BATTERY INC

NYSE:FREY (2/28/2025, 8:04:01 PM)

After market: 1.52 -0.01 (-0.65%)

1.53

-0.04 (-2.55%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)03-06 2025-03-06/bmo
Earnings (Next)05-06 2025-05-06/bmo
Inst Owners34.74%
Inst Owner Change0%
Ins Owners1.66%
Ins Owner Change0%
Market Cap238.57M
Revenue(TTM)N/A
Net Income(TTM)-71.95M
Analysts85.71
Price Target4.08 (166.67%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)55.77%
Min EPS beat(2)33.33%
Max EPS beat(2)78.21%
EPS beat(4)4
Avg EPS beat(4)52.97%
Min EPS beat(4)32.13%
Max EPS beat(4)78.21%
EPS beat(8)6
Avg EPS beat(8)31.01%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-100%
Min Revenue beat(2)-100%
Max Revenue beat(2)-100%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)33.33%
PT rev (3m)100%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.26%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 0.38
P/tB 0.38
EV/EBITDA N/A
EPS(TTM)-0.76
EYN/A
EPS(NY)-0.81
Fwd EYN/A
FCF(TTM)-1.77
FCFYN/A
OCF(TTM)-0.56
OCFYN/A
SpS0
BVpS4.06
TBVpS4.04
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -9.83%
ROE -11.36%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-12.22%
ROA(5y)-67.42%
ROE(3y)-14.08%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 5616.72%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 6.34
Quick Ratio 6.34
Altman-Z 0.74
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)18254.9%
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-442.86%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-185.71%
EPS Next Y-68%
EPS Next 2Y-25.7%
EPS Next 3Y-47.97%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-49.6%
Revenue Next 2Y55.95%
Revenue Next 3Y54.17%
Revenue Next 5Y289.43%
EBIT growth 1Y-12.95%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year28.07%
EBIT Next 3Y-0.42%
EBIT Next 5Y-36.09%
FCF growth 1Y-1.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2.31%
OCF growth 3YN/A
OCF growth 5YN/A

FREYR BATTERY INC / FREY FAQ

What is the ChartMill fundamental rating of FREYR BATTERY INC (FREY) stock?

ChartMill assigns a fundamental rating of 3 / 10 to FREY.


What is the valuation status of FREYR BATTERY INC (FREY) stock?

ChartMill assigns a valuation rating of 0 / 10 to FREYR BATTERY INC (FREY). This can be considered as Overvalued.


How profitable is FREYR BATTERY INC (FREY) stock?

FREYR BATTERY INC (FREY) has a profitability rating of 1 / 10.


How financially healthy is FREYR BATTERY INC?

The financial health rating of FREYR BATTERY INC (FREY) is 7 / 10.