ESS Tech (GWH) and The Competition Head to Head Contrast

ESS Tech (NYSE:GWHGet Rating) is one of 58 public companies in the “Miscellaneous electrical machinery, equipment, & supplies” industry, but how does it contrast to its peers? We will compare ESS Tech to similar companies based on the strength of its institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.

Risk & Volatility

ESS Tech has a beta of 2.79, suggesting that its stock price is 179% more volatile than the S&P 500. Comparatively, ESS Tech’s peers have a beta of 0.56, suggesting that their average stock price is 44% less volatile than the S&P 500.

Insider & Institutional Ownership

40.8% of ESS Tech shares are owned by institutional investors. Comparatively, 48.2% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by institutional investors. 6.8% of ESS Tech shares are owned by company insiders. Comparatively, 12.8% of shares of all “Miscellaneous electrical machinery, equipment, & supplies” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares ESS Tech and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ESS Tech N/A -57.87% -34.07%
ESS Tech Competitors -77.59% -118.45% -8.76%

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for ESS Tech and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ESS Tech 0 3 6 0 2.67
ESS Tech Competitors 40 432 916 34 2.66

ESS Tech currently has a consensus price target of $14.64, suggesting a potential upside of 219.63%. As a group, “Miscellaneous electrical machinery, equipment, & supplies” companies have a potential upside of 59.44%. Given ESS Tech’s stronger consensus rating and higher possible upside, research analysts clearly believe ESS Tech is more favorable than its peers.

Earnings and Valuation

This table compares ESS Tech and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
ESS Tech N/A -$477.12 million -0.63
ESS Tech Competitors $693.24 million $22.42 million 0.96

ESS Tech’s peers have higher revenue and earnings than ESS Tech. ESS Tech is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

ESS Tech peers beat ESS Tech on 7 of the 13 factors compared.

About ESS Tech

(Get Rating)

ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

Receive News & Ratings for ESS Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESS Tech and related companies with MarketBeat.com's FREE daily email newsletter.