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NET POWER INC (NPWR) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:NPWR - US64107A1051 - Common Stock

2.49 USD
+0.04 (+1.63%)
Last: 11/21/2025, 8:04:00 PM
2.49 USD
0 (0%)
After Hours: 11/21/2025, 8:04:00 PM
Fundamental Rating

3

NPWR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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

2

1. Profitability

1.1 Basic Checks

In the past year NPWR has reported negative net income.
NPWR had a negative operating cash flow in the past year.
In the past 5 years NPWR always reported negative net income.
In the past 5 years NPWR always reported negative operating cash flow.
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 (-7.89%) which is comparable to the rest of the industry.
With a Return On Equity value of -27.61%, NPWR perfoms like the industry average, outperforming 56.04% of the companies in the same industry.
Industry RankSector Rank
ROA -7.89%
ROE -27.61%
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

Looking at the Gross Margin, with a value of 91.67%, NPWR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
NPWR's Gross Margin has improved in the last couple of years.
NPWR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 91.67%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y13.15%
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

5

2. Health

2.1 Basic Checks

NPWR does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NPWR has been increased compared to 1 year ago.
The debt/assets ratio for NPWR is higher compared to a year ago.
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

NPWR has an Altman-Z score of 0.03. This is a bad value and indicates that NPWR is not financially healthy and even has some risk of bankruptcy.
NPWR has a Altman-Z score (0.03) which is comparable to the rest of the industry.
NPWR has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
NPWR's Debt to Equity ratio of 0.00 is amongst the best of the industry. NPWR outperforms 83.52% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 0.03
ROIC/WACCN/A
WACC8.7%
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

A Current Ratio of 28.65 indicates that NPWR has no problem at all paying its short term obligations.
With an excellent Current ratio value of 28.65, NPWR belongs to the best of the industry, outperforming 98.90% of the companies in the same industry.
A Quick Ratio of 28.65 indicates that NPWR has no problem at all paying its short term obligations.
NPWR's Quick ratio of 28.65 is amongst the best of the industry. NPWR outperforms 98.90% of its industry peers.
Industry RankSector Rank
Current Ratio 28.65
Quick Ratio 28.65
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 for NPWR have decreased strongly by -360.00% in the last year.
The Revenue has grown by 42.86% in the past year. This is a very strong growth!
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)-360%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52900%
Revenue 1Y (TTM)42.86%
Revenue growth 3Y-50.81%
Revenue growth 5YN/A
Sales Q2Q%-100%

3.2 Future

NPWR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.49% yearly.
NPWR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 261.03% yearly.
EPS Next Y-29.4%
EPS Next 2Y10.34%
EPS Next 3Y8.49%
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 -0.2 -0.4 -0.6 -0.8

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for NPWR. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NPWR. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
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 10 20 30

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 -2 -4

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.34%
EPS Next 3Y8.49%

0

5. Dividend

5.1 Amount

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

NET POWER INC

NYSE:NPWR (11/21/2025, 8:04:00 PM)

After market: 2.49 0 (0%)

2.49

+0.04 (+1.63%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)03-09 2026-03-09/bmo
Inst Owners83.56%
Inst Owner Change-91.07%
Ins Owners0.87%
Ins Owner Change-39.86%
Market Cap545.86M
Revenue(TTM)250.00K
Net Income(TTM)-180.99M
Analysts80
Price Target7.34 (194.78%)
Short Float %7.68%
Short Ratio2.69
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)1
Avg EPS beat(2)1480.29%
Min EPS beat(2)-209.6%
Max EPS beat(2)3170.18%
EPS beat(4)2
Avg EPS beat(4)702.52%
Min EPS beat(4)-258.86%
Max EPS beat(4)3170.18%
EPS beat(8)4
Avg EPS beat(8)210.37%
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)50%
PT rev (3m)44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-19.16%
EPS NY rev (1m)-8.28%
EPS NY rev (3m)-13.08%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)-100%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 45488.15
P/FCF N/A
P/OCF N/A
P/B 0.83
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-2.53
EYN/A
EPS(NY)-0.52
Fwd EYN/A
FCF(TTM)-0.6
FCFYN/A
OCF(TTM)-0.3
OCFYN/A
SpS0
BVpS2.99
TBVpS-4.31
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -7.89%
ROE -27.61%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 91.67%
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 3Y13.15%
GM growth 5YN/A
F-Score3
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 76.59%
Cap/Sales 541883%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 28.65
Quick Ratio 28.65
Altman-Z 0.03
F-Score3
WACC8.7%
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)-360%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52900%
EPS Next Y-29.4%
EPS Next 2Y10.34%
EPS Next 3Y8.49%
EPS Next 5YN/A
Revenue 1Y (TTM)42.86%
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-51.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-10.14%
EBIT Next 3Y-1.67%
EBIT Next 5YN/A
FCF growth 1Y-132.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-23.77%
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 4 / 10 to NPWR.


Can you provide the valuation status for NET POWER INC?

ChartMill assigns a valuation rating of 2 / 10 to NET POWER INC (NPWR). This can be considered as Overvalued.


How profitable is NET POWER INC (NPWR) stock?

NET POWER INC (NPWR) has a profitability rating of 2 / 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 -29.4% in the next year.