ESS Tech
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
-5.69-6.60-13.563.9
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$-0.27$-0.23$-0.11$0.4

Historical Multiples (2019 – 2023)

2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-90.59-19.46-2.93-4.75-35.25-2.56-11.20
Price/Sales ratio
N/AN/AN/A414.99362.77223.99207.49
Price/Book Value ratio
67.12-21.284.642.7026.461.463.67
Price/Cash Flow ratio
-156.69-35.65-18.36-4.54-49.82-2.45-27.01
Price/Free Cash Flow ratio
-138.98-34.61-17.43-3.87-45.07-2.09-26.02
Price/Earnings Growth ratio
N/A-0.05-0.000.050.37-0.030.02
Dividend Yield
N/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
N/AN/AN/A-197.20%-171.81%N/AN/A
Operating Profit Margin
N/AN/AN/A-11800%-1139.32%-11799.88%-5899.94%
Pretax Profit Margin
N/AN/AN/A-8721.36%-1028.88%-8721.36%-4360.68%
Net Profit Margin
N/AN/AN/A-8721.36%-1028.88%-8721.36%-4360.68%
Effective Tax Rate
N/A-0.21%31.95%35.29%N/AN/A33.62%
Return on Assets
-54.61%-337.84%-129.83%-44.92%-54.16%-44.92%-233.84%
Return On Equity
-74.09%109.30%-158.56%-56.92%-75.05%-45.76%-24.62%
Return on Capital Employed
-54.18%-2765.02%-25.77%-72.47%-69.57%-72.47%-49.12%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A5.41N/A
Quick Ratio
6.560.8117.595.375.805.1711.48
Cash ratio
6.330.5817.171.241.021.249.20
Days of Sales Outstanding
N/AN/AN/A2.02K108.582.02K1.01K
Days of Inventory outstanding
N/AN/A446.67166.6359.94N/A306.65
Operating Cycle
N/AN/AN/A2.18K168.52N/A1.09K
Days of Payables Outstanding
N/A436.991.00K417.0649.06N/A710.08
Cash Conversion Cycle
N/AN/AN/A1.77K119.46N/A885.67
Debt Ratios
Debt Ratio
0.030.630.010.010.010.210.32
Debt Equity Ratio
0.05-0.200.010.010.010.26-0.09
Long-term Debt to Capitalization
0.02-0.000.000.00N/A0.020.00
Total Debt to Capitalization
0.05-0.250.010.010.010.04-0.11
Interest Coverage Ratio
N/AN/AN/AN/AN/A-46.98N/A
Cash Flow to Debt Ratio
-8.06-2.92-13.75-42.62-34.72-13.90-13.82
Company Equity Multiplier
1.35-0.321.221.261.381.260.44
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/AN/AN/A-91.29-7.28-91.29-45.64
Free Cash Flow / Operating Cash Flow Ratio
1.121.031.051.171.101.171.04
Cash Flow Coverage Ratio
-8.06-2.92-13.75-42.62-34.72-13.90-13.82
Short Term Coverage Ratio
-18.28-2.93-27.28-51.01-34.72-27.01-27.15
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/A