ESS TECH INC (GWH) Fundamental Analysis & Valuation

NYSE:GWH • US26916J2050

Current stock price

1.23 USD
-0.03 (-2.38%)
At close:
1.2 USD
-0.03 (-2.44%)
After Hours:

This GWH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

0

1. GWH Profitability Analysis

1.1 Basic Checks

  • GWH had negative earnings in the past year.
  • In the past year GWH has reported a negative cash flow from operations.
  • GWH had negative earnings in each of the past 5 years.
  • GWH had a negative operating cash flow in each of the past 5 years.
GWH Yearly Net Income VS EBIT VS OCF VS FCFGWH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 2025 -100M -200M -300M -400M

1.2 Ratios

  • GWH has a Return On Assets of -123.97%. This is amonst the worse of the industry: GWH underperforms 84.78% of its industry peers.
  • With a Return On Equity value of -736.13%, GWH is not doing good in the industry: 73.91% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -123.97%
ROE -736.13%
ROIC N/A
ROA(3y)-99.4%
ROA(5y)-106.76%
ROE(3y)-369.9%
ROE(5y)-279.83%
ROIC(3y)N/A
ROIC(5y)N/A
GWH Yearly ROA, ROE, ROICGWH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 -500 -1K -1.5K -2K

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for GWH so they could not be analyzed.
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
GWH Yearly Profit, Operating, Gross MarginsGWH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 -2K -4K -6K -8K -10K

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. GWH Health Analysis

2.1 Basic Checks

  • GWH does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for GWH has been increased compared to 1 year ago.
  • GWH has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, GWH has a worse debt to assets ratio.
GWH Yearly Shares OutstandingGWH Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
GWH Yearly Total Debt VS Total AssetsGWH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

2.2 Solvency

  • Based on the Altman-Z score of -26.29, we must say that GWH is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -26.29, GWH is doing worse than 86.96% of the companies in the same industry.
  • A Debt/Equity ratio of 1.08 is on the high side and indicates that GWH has dependencies on debt financing.
  • GWH has a worse Debt to Equity ratio (1.08) than 63.04% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF N/A
Altman-Z -26.29
ROIC/WACCN/A
WACC8.04%
GWH Yearly LT Debt VS Equity VS FCFGWH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

2.3 Liquidity

  • GWH has a Current Ratio of 1.04. This is a normal value and indicates that GWH is financially healthy and should not expect problems in meeting its short term obligations.
  • GWH's Current ratio of 1.04 is on the low side compared to the rest of the industry. GWH is outperformed by 70.65% of its industry peers.
  • A Quick Ratio of 1.03 indicates that GWH should not have too much problems paying its short term obligations.
  • The Quick ratio of GWH (1.03) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.04
Quick Ratio 1.03
GWH Yearly Current Assets VS Current LiabilitesGWH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. GWH Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 39.61% over the past year.
  • GWH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -49.25%.
  • GWH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.16% yearly.
EPS 1Y (TTM)39.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%39.09%
Revenue 1Y (TTM)-49.25%
Revenue growth 3Y21.16%
Revenue growth 5YN/A
Sales Q2Q%-155.72%

3.2 Future

  • The Earnings Per Share is expected to grow by 22.02% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 218.79% on average over the next years. This is a very strong growth
EPS Next Y84.14%
EPS Next 2Y37.15%
EPS Next 3Y11.51%
EPS Next 5Y22.02%
Revenue Next Year268.75%
Revenue Next 2Y397.49%
Revenue Next 3Y374.74%
Revenue Next 5Y218.79%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
GWH Yearly Revenue VS EstimatesGWH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M 400M 500M
GWH Yearly EPS VS EstimatesGWH Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -50 -100 -150

More info and screens

Find the best growth stocksShow best growing peers

0

4. GWH Valuation Analysis

4.1 Price/Earnings Ratio

  • GWH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year GWH 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
GWH Price Earnings VS Forward Price EarningsGWH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

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

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y37.15%
EPS Next 3Y11.51%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. GWH Dividend Analysis

5.1 Amount

  • GWH does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

GWH Fundamentals: All Metrics, Ratios and Statistics

ESS TECH INC

NYSE:GWH (3/20/2026, 8:04:00 PM)

After market: 1.2 -0.03 (-2.44%)

1.23

-0.03 (-2.38%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)03-05
Earnings (Next)05-13
Inst Owners24.4%
Inst Owner Change69.77%
Ins Owners3.49%
Ins Owner Change0.23%
Market Cap33.42M
Revenue(TTM)3.19M
Net Income(TTM)-63.44M
Analysts80
Price Target3.57 (190.24%)
Short Float %6%
Short Ratio1.81
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)1
Avg EPS beat(2)-14.12%
Min EPS beat(2)-56.33%
Max EPS beat(2)28.08%
EPS beat(4)1
Avg EPS beat(4)-12.73%
Min EPS beat(4)-56.33%
Max EPS beat(4)28.08%
EPS beat(8)2
Avg EPS beat(8)-18.3%
EPS beat(12)5
Avg EPS beat(12)-7.03%
EPS beat(16)8
Avg EPS beat(16)0.27%
Revenue beat(2)1
Avg Revenue beat(2)-47.22%
Min Revenue beat(2)-96.18%
Max Revenue beat(2)1.73%
Revenue beat(4)1
Avg Revenue beat(4)-56.05%
Min Revenue beat(4)-96.18%
Max Revenue beat(4)1.73%
Revenue beat(8)1
Avg Revenue beat(8)-59.38%
Revenue beat(12)1
Avg Revenue beat(12)-56.48%
Revenue beat(16)2
Avg Revenue beat(16)-56.36%
PT rev (1m)0%
PT rev (3m)27.27%
EPS NQ rev (1m)-11.54%
EPS NQ rev (3m)-11.54%
EPS NY rev (1m)0%
EPS NY rev (3m)73.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-89.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-76.82%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 10.46
P/FCF N/A
P/OCF N/A
P/B 3.88
P/tB 5.63
EV/EBITDA N/A
EPS(TTM)-4.33
EYN/A
EPS(NY)-0.69
Fwd EYN/A
FCF(TTM)-1.98
FCFYN/A
OCF(TTM)-1.85
OCFYN/A
SpS0.12
BVpS0.32
TBVpS0.22
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -123.97%
ROE -736.13%
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)-99.4%
ROA(5y)-106.76%
ROE(3y)-369.9%
ROE(5y)-279.83%
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-Score1
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 1.08
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 59.01%
Cap/Sales 106.01%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.04
Quick Ratio 1.03
Altman-Z -26.29
F-Score1
WACC8.04%
ROIC/WACCN/A
Cap/Depr(3y)100.77%
Cap/Depr(5y)344.23%
Cap/Sales(3y)135.54%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.61%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%39.09%
EPS Next Y84.14%
EPS Next 2Y37.15%
EPS Next 3Y11.51%
EPS Next 5Y22.02%
Revenue 1Y (TTM)-49.25%
Revenue growth 3Y21.16%
Revenue growth 5YN/A
Sales Q2Q%-155.72%
Revenue Next Year268.75%
Revenue Next 2Y397.49%
Revenue Next 3Y374.74%
Revenue Next 5Y218.79%
EBIT growth 1Y36.07%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year76.68%
EBIT Next 3Y28.1%
EBIT Next 5Y31.27%
FCF growth 1Y32.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.37%
OCF growth 3YN/A
OCF growth 5YN/A

ESS TECH INC / GWH Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ESS TECH INC (GWH) stock?

ChartMill assigns a fundamental rating of 2 / 10 to GWH.


Can you provide the valuation status for ESS TECH INC?

ChartMill assigns a valuation rating of 0 / 10 to ESS TECH INC (GWH). This can be considered as Overvalued.


How profitable is ESS TECH INC (GWH) stock?

ESS TECH INC (GWH) has a profitability rating of 0 / 10.


What is the financial health of ESS TECH INC (GWH) stock?

The financial health rating of ESS TECH INC (GWH) is 2 / 10.