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VSTE
Upturn stock ratingUpturn stock rating

Vast Renewables Limited Ordinary Shares (VSTE)

Upturn stock ratingUpturn stock rating
$0.32
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: VSTE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -93.08%
Avg. Invested days 103
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 9.57M USD
Price to earnings Ratio 0.01
1Y Target Price -
Price to earnings Ratio 0.01
1Y Target Price -
Volume (30-day avg) 7574912
Beta -0.35
52 Weeks Range 0.28 - 9.10
Updated Date 04/1/2025
52 Weeks Range 0.28 - 9.10
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 48.75

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -284.42%
Operating Margin (TTM) -102.48%

Management Effectiveness

Return on Assets (TTM) 321.73%
Return on Equity (TTM) -

Valuation

Trailing PE 0.01
Forward PE -
Enterprise Value 9114975
Price to Sales(TTM) 1.55
Enterprise Value 9114975
Price to Sales(TTM) 1.55
Enterprise Value to Revenue 651.07
Enterprise Value to EBITDA -
Shares Outstanding 29973600
Shares Floating 12437805
Shares Outstanding 29973600
Shares Floating 12437805
Percent Insiders 55.84
Percent Institutions 0.3

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Vast Renewables Limited Ordinary Shares

stock logo

Company Overview

overview logo History and Background

Vast Renewables Limited focuses on developing concentrated solar power (CSP) plants. Founded relatively recently, it aims to provide dispatchable renewable energy.

business area logo Core Business Areas

  • Concentrated Solar Power (CSP) Technology: Development and deployment of CSP technology for electricity generation and industrial heat applications.
  • Renewable Energy Project Development: Developing large-scale renewable energy projects using CSP technology.
  • Thermal Energy Storage: Integrating thermal energy storage solutions with CSP plants to provide on-demand power.

leadership logo Leadership and Structure

Details on Vast Renewables' specific leadership team and organizational structure are limited. They are likely structured with engineering, project management, and business development teams.

Top Products and Market Share

overview logo Key Offerings

  • VS1 Tower CSP Plant: Concentrated solar power plants, featuring high-temperature solar thermal energy storage to supply dispatchable, zero-emission electricity and heat. Market share data not publicly available. Competitors include Abengoa, SolarReserve (defunct), and BrightSource Energy.
  • Industrial Heat Solutions: Providing industrial processes with renewable heat generated by CSP. Market share data not publicly available. Competitors include other renewable energy providers like geothermal and biomass plants.

Market Dynamics

industry overview logo Industry Overview

The renewable energy industry is experiencing rapid growth, driven by climate change concerns and government policies. CSP is a niche within solar power, facing competition from cheaper photovoltaic (PV) solar.

Positioning

Vast Renewables aims to carve a niche in providing dispatchable renewable energy via CSP with thermal storage. Their competitive advantage lies in offering reliable power generation beyond the intermittency of PV and wind.

Total Addressable Market (TAM)

The global renewable energy market is estimated in the trillions of USD. Vast Renewables' TAM focuses on the portion of this market suitable for CSP, estimated to be in the billions, addressing areas requiring reliable, dispatchable renewable energy.

Upturn SWOT Analysis

Strengths

  • Dispatchable renewable energy source
  • Thermal energy storage capabilities
  • Potential for high-temperature industrial heat applications
  • Focus on a niche market (CSP)

Weaknesses

  • High initial capital costs
  • Technology complexity compared to PV solar
  • Limited track record of large-scale deployment
  • Geographic limitations (high solar irradiance regions)

Opportunities

  • Government incentives for renewable energy projects
  • Growing demand for dispatchable renewable energy
  • Advancements in thermal storage technologies
  • Partnerships with industrial clients seeking renewable heat

Threats

  • Competition from lower-cost PV solar and wind power
  • Fluctuations in commodity prices (e.g., steel)
  • Changes in government regulations and policies
  • Technological advancements that disrupt the energy storage market

Competitors and Market Share

competitor logo Key Competitors

  • ABBNY (ABB)
  • SEDG (SolarEdge Technologies)
  • FSLR (First Solar)

Competitive Landscape

Vast Renewables faces intense competition from established renewable energy players, particularly those in PV solar and wind. Its success depends on demonstrating the cost-effectiveness and reliability of its CSP technology.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth data is not readily available due to the company's relative newness and lack of extensive publicly reported financials.

Future Projections: Future projections depend heavily on securing contracts for CSP plants, technological advancements, and government support for renewable energy.

Recent Initiatives: Recent initiatives may include securing funding for projects, developing partnerships, and advancing their CSP technology.

Summary

Vast Renewables focuses on a niche market, leveraging concentrated solar power with thermal storage to provide dispatchable renewable energy. While promising, they face challenges due to higher initial costs compared to traditional solar. Securing key contracts and technological advancements will be crucial for their future success, especially amid competition from established renewable companies.

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Sources and Disclaimers

Data Sources:

  • Company website, Industry reports, Analyst reports, Press releases

Disclaimers:

Data and analysis are based on publicly available information and may be incomplete. Market share data is estimated. This is not financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Vast Renewables Limited Ordinary Shares

Exchange NASDAQ
Headquaters North Sydney, NSW, Australia
IPO Launch date 2023-12-19
CEO & Director Mr. Craig Wood
Sector Technology
Industry Solar
Full time employees -
Full time employees -

Vast Renewables Limited, a renewable energy company, develops and sells concentrated solar thermal power (CSP) systems. It's CSP systems are used to generate, store, and dispatch electricity and industrial heat, as well as to enable the production of green fuels. The company was incorporated in 2009 and is based in North Sydney, Australia. Vast Renewables Limited operates as a subsidiary of Agcentral Energy Pty Limited.

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