Head-To-Head Review: ESS Tech (GWH) and Its Competitors

ESS Tech (NYSE:GWH) is one of 216 public companies in the “Electrical Equipment” industry, but how does it compare to its competitors? We will compare ESS Tech to related companies based on the strength of its analyst recommendations, dividends, institutional ownership, valuation, risk, profitability and earnings.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for ESS Tech and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ESS Tech	1	0	1	0	2.00
ESS Tech Competitors	2291	5172	7224	439	2.38

ESS Tech currently has a consensus target price of $2.00, suggesting a potential upside of 1,176.32%. As a group, “Electrical Equipment” companies have a potential upside of 48.50%. Given ESS Tech’s higher possible upside, equities analysts clearly believe ESS Tech is more favorable than its competitors.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
ESS Tech	N/A	-1,934.84%	-156.40%
ESS Tech Competitors	-380.97%	-43.71%	-7.31%

Institutional & Insider Ownership

46.8% of ESS Tech shares are owned by institutional investors. Comparatively, 37.4% of shares of all “Electrical Equipment” companies are owned by institutional investors. 0.7% of ESS Tech shares are owned by insiders. Comparatively, 14.9% of shares of all “Electrical Equipment” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares ESS Tech and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ESS Tech	$1.58 million	-$63.44 million	-0.05
ESS Tech Competitors	$2.49 billion	$149.93 million	21.83

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

Volatility & Risk

ESS Tech has a beta of 1.46, meaning that its stock price is 46% more volatile than the S&P 500. Comparatively, ESS Tech’s competitors have a beta of -20.43, meaning that their average stock price is 2,143% less volatile than the S&P 500.

Summary

ESS Tech competitors beat ESS Tech on 8 of the 13 factors compared.

ESS Tech Company Profile

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.