SES Fundamental Analysis - SES AI CORP

Fundamental Rating

SES gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 90 industry peers in the Electrical Equipment industry. SES scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SES does not seem to be growing, but still is valued expensively.

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1. Profitability

1.1 Basic Checks

In the past year SES has reported negative net income.

SES had a negative operating cash flow in the past year.

In the past 5 years SES always reported negative net income.

SES had a negative operating cash flow in each of the past 5 years.

1.2 Ratios

SES's Return On Assets of -31.36% is on the low side compared to the rest of the industry. SES is outperformed by 66.67% of its industry peers.

SES's Return On Equity of -39.68% is in line compared to the rest of the industry. SES outperforms 48.89% of its industry peers.

		Industry Rank	Sector Rank
ROA	-31.36%
ROE	-39.68%
ROIC	N/A

ROA(3y)-18.36%

ROA(5y)-12.85%

ROE(3y)-21.3%

ROE(5y)N/A

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

SES's Gross Margin of 65.38% is amongst the best of the industry. SES outperforms 96.67% of its industry peers.

The Profit Margin and Operating Margin are not available for SES so they could not be analyzed.

		Industry Rank	Sector Rank
OM	N/A
PM (TTM)	N/A
GM	65.38%

OM growth 3YN/A

OM growth 5YN/A

PM growth 3YN/A

PM growth 5YN/A

GM growth 3YN/A

GM growth 5YN/A

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ROA

ROE

ROIC

Operating and Profit Margin

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2. Health

2.1 Basic Checks

SES does not have a ROIC to compare to the WACC, probably because it is not profitable.

SES has more shares outstanding than it did 1 year ago.

The number of shares outstanding for SES has been increased compared to 5 years ago.

There is no outstanding debt for SES. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.

2.2 Solvency

An Altman-Z score of 5.96 indicates that SES is not in any danger for bankruptcy at the moment.

With an excellent Altman-Z score value of 5.96, SES belongs to the best of the industry, outperforming 84.44% of the companies in the same industry.

SES has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.

With an excellent Debt to Equity ratio value of 0.01, SES belongs to the best of the industry, outperforming 81.11% of the companies in the same industry.

		Industry Rank	Sector Rank
Debt/Equity	0.01
Debt/FCF	N/A
Altman-Z	5.96

ROIC/WACCN/A

WACC8.78%

2.3 Liquidity

A Current Ratio of 8.23 indicates that SES has no problem at all paying its short term obligations.

SES has a better Current ratio (8.23) than 91.11% of its industry peers.

SES has a Quick Ratio of 8.09. This indicates that SES is financially healthy and has no problem in meeting its short term obligations.

With an excellent Quick ratio value of 8.09, SES belongs to the best of the industry, outperforming 94.44% of the companies in the same industry.

		Industry Rank	Sector Rank
Current Ratio	8.23
Quick Ratio	8.09

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WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

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3. Growth

3.1 Past

SES shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.74%.

EPS 1Y (TTM)-21.74%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%33.33%

Revenue 1Y (TTM)N/A

Revenue growth 3YN/A

Revenue growth 5YN/A

Sales Q2Q%N/A

3.2 Future

SES is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.23% yearly.

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

EPS Next Y28.32%

EPS Next 2Y17.51%

EPS Next 3Y23.91%

EPS Next 5Y26.23%

Revenue Next YearN/A

Revenue Next 2YN/A

Revenue Next 3YN/A

Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

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Find the best growth stocks

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4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for SES. In the last year negative earnings were reported.

Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SES. No positive earnings are expected for the next year.

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A

4.2 Price Multiples

		Industry Rank	Sector Rank
P/FCF	N/A
EV/EBITDA	N/A

4.3 Compensation for Growth

A more expensive valuation may be justified as SES's earnings are expected to grow with 23.91% in the coming years.

PEG (NY)N/A

PEG (5Y)N/A

EPS Next 2Y17.51%

EPS Next 3Y23.91%

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

No dividends for SES!.

		Industry Rank	Sector Rank
Dividend Yield	N/A

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SES AI CORP

NYSE:SES (12/8/2025, 8:04:00 PM)

After market: 2.0709 -0.03 (-1.39%)

2.1

-0.07 (-3.23%)

Chartmill FA Rating

GICS SectorIndustrials

GICS IndustryGroupCapital Goods

GICS IndustryElectrical Equipment

Earnings (Last)11-05 2025-11-05/amc

Earnings (Next)02-16 2026-02-16/amc

Inst Owners26.16%

Inst Owner Change-4.88%

Ins Owners1.7%

Ins Owner Change0.16%

Market Cap766.65M

Revenue(TTM)18.48M

Net Income(TTM)-90.55M

Analysts74.29

Price Target3.06 (45.71%)

Short Float %1.59%

Short Ratio0.24

Dividend

		Industry Rank	Sector 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)0

Avg EPS beat(2)-85.64%

Min EPS beat(2)-98.02%

Max EPS beat(2)-73.27%

EPS beat(4)2

Avg EPS beat(4)-37.38%

Min EPS beat(4)-98.02%

Max EPS beat(4)20.79%

EPS beat(8)6

Avg EPS beat(8)-4.87%

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)1

Avg Revenue beat(2)13.19%

Min Revenue beat(2)-19.42%

Max Revenue beat(2)45.8%

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)100%

PT rev (3m)100%

EPS NQ rev (1m)-66.67%

EPS NQ rev (3m)-66.67%

EPS NY rev (1m)-22.22%

EPS NY rev (3m)-22.22%

Revenue NQ rev (1m)6.58%

Revenue NQ rev (3m)19.35%

Revenue NY rev (1m)12.52%

Revenue NY rev (3m)12.52%

Valuation

		Industry Rank	Sector Rank
PE	N/A
Fwd PE	N/A
P/S	41.49
P/FCF	N/A
P/OCF	N/A
P/B	3.36
P/tB	3.6
EV/EBITDA	N/A

EPS(TTM)-0.28

EYN/A

EPS(NY)-0.19

Fwd EYN/A

FCF(TTM)-0.17

FCFYN/A

OCF(TTM)-0.17

OCFYN/A

SpS0.05

BVpS0.63

TBVpS0.58

PEG (NY)N/A

PEG (5Y)N/A

Graham NumberN/A

Profitability

		Industry Rank	Sector Rank
ROA	-31.36%
ROE	-39.68%
ROCE	N/A
ROIC	N/A
ROICexc	N/A
ROICexgc	N/A
OM	N/A
PM (TTM)	N/A
GM	65.38%
FCFM	N/A

ROA(3y)-18.36%

ROA(5y)-12.85%

ROE(3y)-21.3%

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-Score5

Asset Turnover0.06

Health

		Industry Rank	Sector Rank
Debt/Equity	0.01
Debt/FCF	N/A
Debt/EBITDA	N/A
Cap/Depr	23.59%
Cap/Sales	12.87%
Interest Coverage	N/A
Cash Conversion	N/A
Profit Quality	N/A
Current Ratio	8.23
Quick Ratio	8.09
Altman-Z	5.96

F-Score5

WACC8.78%

ROIC/WACCN/A

Cap/Depr(3y)331.62%

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)-21.74%

EPS 3YN/A

EPS 5YN/A

EPS Q2Q%33.33%

EPS Next Y28.32%

EPS Next 2Y17.51%

EPS Next 3Y23.91%

EPS Next 5Y26.23%

Revenue 1Y (TTM)N/A

Revenue growth 3YN/A

Revenue growth 5YN/A

Sales Q2Q%N/A

Revenue Next YearN/A

Revenue Next 2YN/A

Revenue Next 3YN/A

Revenue Next 5YN/A

EBIT growth 1Y4.05%

EBIT growth 3YN/A

EBIT growth 5YN/A

EBIT Next Year38.23%

EBIT Next 3Y28.48%

EBIT Next 5Y26.42%

FCF growth 1Y9.05%

FCF growth 3YN/A

FCF growth 5YN/A

OCF growth 1Y-14.58%

OCF growth 3YN/A

OCF growth 5YN/A

SES AI CORP / SES FAQ

What is the fundamental rating for SES stock?

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

Can you provide the valuation status for SES AI CORP?

ChartMill assigns a valuation rating of 1 / 10 to SES AI CORP (SES). This can be considered as Overvalued.

What is the profitability of SES stock?

SES AI CORP (SES) has a profitability rating of 1 / 10.

How financially healthy is SES AI CORP?

The financial health rating of SES AI CORP (SES) is 6 / 10.

SES AI CORP (SES) Stock Fundamental Analysis

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

More info and screens

SES AI CORP / SES FAQ

What is the fundamental rating for SES stock?

Can you provide the valuation status for SES AI CORP?

What is the profitability of SES stock?

How financially healthy is SES AI CORP?