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Upturn AI SWOT - About
ESS Tech Inc (GWH)
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Upturn Advisory Summary
04/11/2025: GWH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -56.74% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 30.26M USD | Price to earnings Ratio - | 1Y Target Price 3.75 |
Price to earnings Ratio - | 1Y Target Price 3.75 | ||
Volume (30-day avg) 57113 | Beta 1.38 | 52 Weeks Range 2.10 - 14.10 | Updated Date 04/12/2025 |
52 Weeks Range 2.10 - 14.10 | Updated Date 04/12/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -7.32 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -6596.66% |
Management Effectiveness
Return on Assets (TTM) -41.79% | Return on Equity (TTM) -95.22% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 347375 | Price to Sales(TTM) 4.85 |
Enterprise Value 347375 | Price to Sales(TTM) 4.85 | ||
Enterprise Value to Revenue 0.06 | Enterprise Value to EBITDA -0.15 | Shares Outstanding 12103800 | Shares Floating 6835384 |
Shares Outstanding 12103800 | Shares Floating 6835384 | ||
Percent Insiders 35.71 | Percent Institutions 29.76 |
Analyst Ratings
Rating 3.5 | Target Price 10.5 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
ESS Tech Inc
Company Overview
History and Background
ESS Tech Inc., founded in 2011, focuses on long-duration iron flow batteries for energy storage. It went public through a SPAC merger in 2021. The company aims to provide sustainable and cost-effective energy storage solutions.
Core Business Areas
- Energy Warehouse (EW): Utility-scale energy storage solutions for grid stabilization and renewable energy integration.
- Energy Center (EC): Commercial and industrial energy storage for peak shaving, demand response, and backup power.
Leadership and Structure
Craig Evans is the CEO. The company has a board of directors with experience in energy and technology.
Top Products and Market Share
Key Offerings
- Energy Warehouse (EW): A modular, long-duration energy storage system designed for utility-scale applications. ESS claims a cost advantage over lithium-ion for durations exceeding 4 hours. Market share is still emerging, but competition includes Fluence Energy (FLNC) and Form Energy.
- Energy Center (EC): An iron flow battery for commercial and industrial applications. It provides backup power and supports peak shaving. Competitors include Tesla (TSLA) and other battery energy storage solutions providers.
Market Dynamics
Industry Overview
The energy storage market is rapidly growing, driven by the increasing adoption of renewable energy and the need for grid stabilization. Long-duration energy storage is becoming increasingly important.
Positioning
ESS Tech Inc. focuses on long-duration iron flow batteries, differentiating itself from lithium-ion focused competitors. They aim to provide a more sustainable and cost-effective solution for specific applications.
Total Addressable Market (TAM)
The long-duration energy storage market is estimated to be worth tens of billions of dollars over the next decade. ESS Tech is positioned to capture a portion of this market with its technology.
Upturn SWOT Analysis
Strengths
- Long-duration energy storage technology
- Environmentally friendly iron flow battery
- Modular and scalable systems
- Focus on safety and sustainability
Weaknesses
- Relatively new company with limited track record
- Reliance on key partnerships for manufacturing and deployment
- High initial costs compared to lithium-ion in some applications
- Negative cash flow and need to raise capital
Opportunities
- Growing demand for long-duration energy storage
- Government incentives and regulations supporting renewable energy
- Partnerships with utilities and energy developers
- Expanding into new markets and applications
Threats
- Competition from established energy storage companies
- Technological advancements in competing battery technologies
- Supply chain disruptions and cost increases
- Regulatory changes and uncertainty
Competitors and Market Share
Key Competitors
- FLNC
- TSLA
- STEM
- ARRY
Competitive Landscape
ESS competes with lithium-ion providers on some fronts and seeks to dominate long-duration storage niches. Its iron flow tech provides advantages in safety, longevity and environmental friendliness, but they need to further scale and reduce costs to achieve market dominance.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth data is limited due to the company's recent public listing.
Future Projections: Future growth projections are subject to analyst estimates and market conditions. Focus on long-term demand for energy storage.
Recent Initiatives: Focus on partnerships, technological advancements and new product deployments to drive growth.
Summary
ESS Tech Inc. is a growth-stage company focused on long-duration energy storage. Its iron flow technology offers potential advantages, particularly for grid-scale applications and applications requiring over 4 hours of usage, where its lack of Lithium, helps with sourcing and costs. However, the company faces challenges of raising capital, scaling production, and competing with established players. Positive trends in renewable energy adoption and grid modernization support their growth potential.
Similar Companies
ARRY
Array Technologies Inc
ARRY
Array Technologies Inc
BE
Bloom Energy Corp
BE
Bloom Energy Corp
FLNC
Fluence Energy Inc
FLNC
Fluence Energy Inc
TSLA
Tesla Inc
TSLA
Tesla Inc
Sources and Disclaimers
Data Sources:
- Company filings (SEC)
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is constantly changing, and it is recommend to perform your own due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ESS Tech Inc
Exchange NYSE | Headquaters Wilsonville, OR, United States | ||
IPO Launch date 2021-01-04 | Interim CEO & Corporate Secretary Ms. Kelly F. Goodman J.D. | ||
Sector Industrials | Industry Electrical Equipment & Parts | Full time employees 231 | Website https://essinc.com |
Full time employees 231 | Website https://essinc.com | ||
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.
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