NET POWER INC (NPWR) Stock Fundamental Analysis

NYSE:NPWR • US64107A1051

2.03 USD
-0.09 (-4.25%)
Last: Mar 3, 2026, 12:29 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to NPWR. NPWR was compared to 91 industry peers in the Electrical Equipment industry. The financial health of NPWR is average, but there are quite some concerns on its profitability. NPWR is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • NPWR had positive earnings in the past year.
  • In the past year NPWR has reported a negative cash flow from operations.
  • In the past 5 years NPWR always reported negative net income.
  • NPWR had a negative operating cash flow in each of the past 5 years.
NPWR Yearly Net Income VS EBIT VS OCF VS FCFNPWR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -50M -100M -150M -200M

1.2 Ratios

  • NPWR has a Return On Assets of -94.19%. This is amonst the worse of the industry: NPWR underperforms 82.42% of its industry peers.
  • NPWR has a Return On Equity of -412.70%. This is in the lower half of the industry: NPWR underperforms 71.43% of its industry peers.
Industry RankSector Rank
ROA -94.19%
ROE -412.7%
ROIC N/A
ROA(3y)-26.47%
ROA(5y)-32.03%
ROE(3y)-38.32%
ROE(5y)-41.72%
ROIC(3y)N/A
ROIC(5y)N/A
NPWR Yearly ROA, ROE, ROICNPWR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 -20 -40 -60 -80

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for NPWR 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
NPWR Yearly Profit, Operating, Gross MarginsNPWR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 -20K -40K -60K -80K -100K

6

2. Health

2.1 Basic Checks

  • NPWR does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, NPWR has more shares outstanding
  • NPWR has a worse debt/assets ratio than last year.
NPWR Yearly Shares OutstandingNPWR Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M 150M 200M
NPWR Yearly Total Debt VS Total AssetsNPWR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • Based on the Altman-Z score of -1.92, we must say that NPWR is in the distress zone and has some risk of bankruptcy.
  • NPWR has a Altman-Z score of -1.92. This is in the lower half of the industry: NPWR underperforms 62.64% of its industry peers.
  • There is no outstanding debt for NPWR. 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 -1.92
ROIC/WACCN/A
WACC8.61%
NPWR Yearly LT Debt VS Equity VS FCFNPWR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • NPWR has a Current Ratio of 16.58. This indicates that NPWR is financially healthy and has no problem in meeting its short term obligations.
  • NPWR's Current ratio of 16.58 is amongst the best of the industry. NPWR outperforms 98.90% of its industry peers.
  • A Quick Ratio of 16.58 indicates that NPWR has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 16.58, NPWR belongs to the best of the industry, outperforming 98.90% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 16.58
Quick Ratio 16.58
NPWR Yearly Current Assets VS Current LiabilitesNPWR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 200M 400M 600M

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 2196.36% over the past year.
  • Looking at the last year, NPWR shows a very negative growth in Revenue. The Revenue has decreased by -100.00% in the last year.
  • Measured over the past years, NPWR shows a very negative growth in Revenue. The Revenue has been decreasing by -50.81% on average per year.
EPS 1Y (TTM)2196.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87700%
Revenue 1Y (TTM)-100%
Revenue growth 3Y-50.81%
Revenue growth 5YN/A
Sales Q2Q%-100%

3.2 Future

  • Based on estimates for the next years, NPWR will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.39% on average per year.
  • The Revenue is expected to grow by 261.03% on average over the next years. This is a very strong growth
EPS Next Y-213.92%
EPS Next 2Y23.09%
EPS Next 3Y16.39%
EPS Next 5YN/A
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y80.96%
Revenue Next 5Y261.03%

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
NPWR Yearly Revenue VS EstimatesNPWR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2027 2028 2029 2030 100M 200M 300M 400M
NPWR Yearly EPS VS EstimatesNPWR Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 2025 2026 2027 -0.5 -1 -1.5 -2

3

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 0.18 indicates a rather cheap valuation of NPWR.
  • Based on the Price/Earnings ratio, NPWR is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
  • NPWR is valuated cheaply when we compare the Price/Earnings ratio to 27.13, which is the current average of the S&P500 Index.
  • NPWR is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE 0.18
Fwd PE N/A
NPWR Price Earnings VS Forward Price EarningsNPWR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80 100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NPWR Per share dataNPWR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

  • A more expensive valuation may be justified as NPWR's earnings are expected to grow with 16.39% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.09%
EPS Next 3Y16.39%

0

5. Dividend

5.1 Amount

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

NET POWER INC

NYSE:NPWR (3/3/2026, 12:29:53 PM)

2.03

-0.09 (-4.25%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)11-13
Earnings (Next)03-09
Inst Owners40.39%
Inst Owner Change3.58%
Ins Owners0.8%
Ins Owner Change-152.16%
Market Cap450.94M
Revenue(TTM)N/A
Net Income(TTM)-593.31M
Analysts81.82
Price Target6.73 (231.53%)
Short Float %6.68%
Short Ratio3.01
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)2713%
Min EPS beat(2)-209.6%
Max EPS beat(2)5635.59%
EPS beat(4)2
Avg EPS beat(4)2084.33%
Min EPS beat(4)-258.86%
Max EPS beat(4)5635.59%
EPS beat(8)5
Avg EPS beat(8)1000.36%
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)0%
PT rev (3m)-8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-142.59%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 0.18
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 3.14
P/tB N/A
EV/EBITDA N/A
EPS(TTM)11.53
EY567.98%
EPS(NY)-0.32
Fwd EYN/A
FCF(TTM)-0.68
FCFYN/A
OCF(TTM)-0.48
OCFYN/A
SpS0
BVpS0.65
TBVpS-0.18
PEG (NY)N/A
PEG (5Y)N/A
Graham Number12.96
Profitability
Industry RankSector Rank
ROA -94.19%
ROE -412.7%
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)-26.47%
ROA(5y)-32.03%
ROE(3y)-38.32%
ROE(5y)-41.72%
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-Score2
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 57.14%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 16.58
Quick Ratio 16.58
Altman-Z -1.92
F-Score2
WACC8.61%
ROIC/WACCN/A
Cap/Depr(3y)36.51%
Cap/Depr(5y)N/A
Cap/Sales(3y)11539.4%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2196.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87700%
EPS Next Y-213.92%
EPS Next 2Y23.09%
EPS Next 3Y16.39%
EPS Next 5YN/A
Revenue 1Y (TTM)-100%
Revenue growth 3Y-50.81%
Revenue growth 5YN/A
Sales Q2Q%-100%
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y80.96%
Revenue Next 5Y261.03%
EBIT growth 1Y-84.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-4.81%
EBIT Next 3Y9.3%
EBIT Next 5YN/A
FCF growth 1Y-121.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-70.48%
OCF growth 3YN/A
OCF growth 5YN/A

NET POWER INC / NPWR FAQ

Can you provide the ChartMill fundamental rating for NET POWER INC?

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


What is the valuation status for NPWR stock?

ChartMill assigns a valuation rating of 3 / 10 to NET POWER INC (NPWR). This can be considered as Overvalued.


What is the profitability of NPWR stock?

NET POWER INC (NPWR) has a profitability rating of 0 / 10.


How financially healthy is NET POWER INC?

The financial health rating of NET POWER INC (NPWR) is 6 / 10.


What is the earnings growth outlook for NET POWER INC?

The Earnings per Share (EPS) of NET POWER INC (NPWR) is expected to decline by -213.92% in the next year.