Reviewing ESS Tech (GWH) and Its Peers

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

Risk & Volatility

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

Profitability

This table compares ESS Tech and its rivals’ 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	-354.39%	-45.12%	-7.92%

Insider and Institutional 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 company insiders. Comparatively, 14.9% of shares of all “Electrical Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares ESS Tech and its rivals 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	$2.38 billion	$142.37 million	21.19

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

Analyst Recommendations

This is a summary of recent ratings and price targets for ESS Tech and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ESS Tech	1	0	1	0	2.00
ESS Tech Competitors	2288	5167	7220	438	2.38

ESS Tech currently has a consensus target price of $2.00, indicating a potential upside of 1,176.32%. As a group, “Electrical Equipment” companies have a potential upside of 53.69%. Given ESS Tech’s higher probable upside, equities analysts clearly believe ESS Tech is more favorable than its rivals.

Summary

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

About ESS Tech

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.