ESS Tech Net Worth

ESS Tech Net Worth Breakdown

  GWH
The net worth of ESS Tech is the difference between its total assets and liabilities. ESS Tech's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of ESS Tech's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. ESS Tech's net worth can be used as a measure of its financial health and stability which can help investors to decide if ESS Tech is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in ESS Tech stock.

ESS Tech Net Worth Analysis

ESS Tech's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including ESS Tech's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of ESS Tech's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform ESS Tech's net worth analysis. One common approach is to calculate ESS Tech's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares ESS Tech's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing ESS Tech's net worth. This approach calculates the present value of ESS Tech's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of ESS Tech's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate ESS Tech's net worth. This involves comparing ESS Tech's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into ESS Tech's net worth relative to its peers.

Enterprise Value

2.85 Billion

To determine if ESS Tech is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ESS Tech's net worth research are outlined below:
ESS Tech had very high historical volatility over the last 90 days
The company reported the last year's revenue of 7.54 M. Reported Net Loss for the year was (77.58 M) with profit before taxes, overhead, and interest of 894 K.
ESS Tech has about 238.94 M in cash with (54.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25.
ESS Tech has a frail financial position based on the latest SEC disclosures
Roughly 35.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Acquisition by Eric Dresselhuys of 1000 shares of ESS Tech at 5.2271 subject to Rule 16b-3
ESS Tech uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ESS Tech. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ESS Tech's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
6th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Know ESS Tech's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ESS Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ESS Tech backward and forwards among themselves. ESS Tech's institutional investor refers to the entity that pools money to purchase ESS Tech's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Pathstone Holdings Llc2024-06-30
125.7 K
Hrt Financial Llc2024-06-30
106.9 K
Aqr Capital Management Llc2024-06-30
102.3 K
Gsa Capital Partners Llp2024-09-30
91.2 K
Jpmorgan Chase & Co2024-06-30
80.3 K
Hpm Partners Llc2024-06-30
71.2 K
Barclays Plc2024-06-30
57.3 K
Fmr Inc2024-09-30
52.5 K
Geode Capital Management, Llc2024-09-30
50.5 K
Softbank Group Corp2024-09-30
2.4 M
Millennium Management Llc2024-06-30
1.8 M
Note, although ESS Tech's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow ESS Tech's market capitalization trends

The company currently falls under 'Micro-Cap' category with a total capitalization of 69.51 M.

Market Cap

2.87 Billion

Project ESS Tech's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.56)(0.59)
Return On Capital Employed(0.70)(0.73)
Return On Assets(0.54)(0.57)
Return On Equity(0.75)(0.79)
When accessing ESS Tech's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures ESS Tech's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ESS Tech's profitability and make more informed investment decisions.

Evaluate ESS Tech's management efficiency

ESS Tech has Return on Asset of (0.4176) % which means that on every $100 spent on assets, it lost $0.4176. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.8777) %, meaning that it generated no profit with money invested by stockholders. ESS Tech's management efficiency ratios could be used to measure how well ESS Tech manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.59. The current Return On Capital Employed is estimated to decrease to -0.73. As of now, ESS Tech's Intangibles To Total Assets are increasing as compared to previous years. The ESS Tech's current Fixed Asset Turnover is estimated to increase to 0.43, while Total Assets are projected to decrease to under 131.4 M.
Last ReportedProjected for Next Year
Book Value Per Share 0.65  0.61 
Tangible Book Value Per Share 0.62  0.58 
Enterprise Value Over EBITDA(34.23)(35.94)
Price Book Value Ratio 26.46  17.52 
Enterprise Value Multiple(34.23)(35.94)
Price Fair Value 26.46  17.52 
Enterprise Value2.7 B2.9 B
Effective management at ESS Tech has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Enterprise Value Revenue
2.6411
Revenue
7.4 M
Quarterly Revenue Growth
(0.88)
Revenue Per Share
0.654
Return On Equity
(0.88)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ESS Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on ESS Tech's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ESS Tech insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

ESS Tech Corporate Filings

F4
18th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
13th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F3
1st of November 2024
An amendment to the original Schedule 13D filing
ViewVerify
8K
26th of August 2024
An amendment to a previously filed Form 8-K
ViewVerify
ESS Tech time-series forecasting models is one of many ESS Tech's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ESS Tech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

ESS Tech Earnings per Share Projection vs Actual

ESS Tech Corporate Management

Vince CaninoChief OfficerProfile
Julia SongCoFounder CTOProfile
Benjamin HengExecutive EngineeringProfile
Jeff LoebbakaChief OfficerProfile
Chris MontgomerySenior ChainProfile
Brian LisieckiChief OfficerProfile
Eric DresselhuysCEO DirectorProfile
When determining whether ESS Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESS Tech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ess Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ess Tech Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ESS Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESS Tech. If investors know ESS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.62)
Revenue Per Share
0.654
Quarterly Revenue Growth
(0.88)
Return On Assets
(0.42)
Return On Equity
(0.88)
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.