ESS Tech

ESS Tech EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of ESS Tech (GWH) as of Nov 13, 2026 is -13.03. In the previous year, EV/EBIT (Enterprise Value to EBIT) was -8.41 — a change of 54.86% (lower).

EV/EBIT

-13.03

YoY

54.86%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of ESS Tech is 2025 -13.03 . EV/EBIT (Enterprise Value to EBIT) of ESS Tech was 2024 -8.41 . It decreases by 54.86% lower compared to the previous year.

The ESS Tech EV/EBIT history

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  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
-76.41 USD
Jan 1, 2020
-24.95 USD
Jan 1, 2021
-12.47 USD
Jan 1, 2022
-7.16 USD
Jan 1, 2023
-8.80 USD
Jan 1, 2024
-8.41 USD
Jan 1, 2025
-13.03 USD
Jan 1, 2026 (e)
-0.10 USD
The ESS Tech EV/EBIT history
YEAREV/EBITYoY
est-0.10-99.23%
-13.03+54.86%
-8.41-4.34%
-8.80+22.80%
-7.16-42.55%
-12.47-50.02%
-24.95-67.35%
-76.41—

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ESS Tech Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides ESS Tech's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates ESS Tech's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots ESS Tech's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if ESS Tech grows earnings faster than its peers.

ESS Tech Stock analysis

What does ESS Tech do? ESS Tech, Inc. generates revenue through the sale of its iron flow battery products, specifically the Energy Warehouse and Energy Center. The Energy Warehouse provides storage from 50 kW to 90 kW with four to 12-hour durations, deployed in shipping container units for easy installation. The Energy Center offers customizable configurations tailored to customer power, energy, and duration requirements. Grid operators and commercial and industrial customers purchase these systems for grid flexibility and energy assurance, leveraging the non-flammable and non-toxic nature of the batteries. The company focuses on long-duration energy storage using earth-abundant materials, targeting applications where lithium-ion batteries are less favorable. Its products address energy delivery, duration, and cycle-life in a single platform, appealing to customers seeking reliable, sustainable energy solutions. The firm's manufacturing and R&D phase supports the development of these specialized battery systems for commercial and energy storage markets. ESS Tech, Inc. serves commercial and industrial customers and grid operators who require flexible energy storage solutions. The company's iron flow battery technology differentiates itself by offering a safe, durable alternative to lithium-ion batteries, with products designed for both standard and custom deployments. Sales are driven by the need for sustainable, long-duration storage that meets specific operational demands in energy-intensive sectors. ESS Tech is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ESS Tech stock

EV/EBIT (Enterprise Value to EBIT) of ESS Tech is -13.03 in 2025.

EV/EBIT (Enterprise Value to EBIT) of ESS Tech changed from -8.41 to -13.03, representing a 54.86% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) ESS Tech since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s ESS Tech with sector peers and the industry average to assess whether it is attractive.

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Valuation — ESS Tech

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