Asia Pacific Wire & Cable Corporation Limited (APWC) vs ESS Tech, Inc. (GWH)

Asia Pacific Wire & Cable Corporation Limited and ESS Tech, Inc. are both Electrical Equipment & Parts companies. Asia Pacific Wire & Cable Corporation Limited is the larger, with a market value of $27.2M against $14.1M — 1.9× the size. ESS Tech, Inc. has negative trailing earnings, so its P/E is not meaningful; Asia Pacific Wire & Cable Corporation Limited trades at 4.8×. Asia Pacific Wire & Cable Corporation Limited grew revenue faster over the last twelve months: 10.9% against −119.0%. ESS Tech, Inc. has the higher net margin (5,612.4% vs 1.28%) and the lower return on invested capital (0.00% vs 4.02%). Across the 15 metrics below, Asia Pacific Wire & Cable Corporation Limited leads on 8 and ESS Tech, Inc. on 7.

Valuation

Metric APWC GWH Electrical Equipment & Parts median
P/E 4.79 n/m 36.10
P/S 0.10 n/m 2.73
P/B 0.20 n/m 3.57
Price to free cash flow n/m n/m 33.31
EV/EBITDA n/m n/m 18.07
EV/Sales (0.02) (3.55) 2.75
Earnings yield 20.90% (1,395.24%) (5.84%)
Free cash flow yield (44.53%) (639.38%) 0.00%

Profitability

Metric APWC GWH Electrical Equipment & Parts median
Gross margin 8.28% 2,462.32% 25.38%
Operating margin 2.51% 4,826.77% 0.00%
Net margin 1.28% 5,612.36% 0.00%
Free cash flow margin (1.26%) 3,871.87% 0.00%
Return on equity 2.74% (21,339.71%) 0.94%
Return on assets 1.69% (182.63%) (1.50%)
Return on invested capital 4.02% 0.00% 0.00%

Growth

Metric APWC GWH Electrical Equipment & Parts median
Revenue growth (TTM) 10.92% (119.02%) 9.28%
EPS growth (last fiscal year) 5.88% 40.71% —
Revenue growth, 5-year CAGR 9.32% — 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APWC GWH Electrical Equipment & Parts median
Debt to equity 0.00 (3.24) 0.08
Current ratio 2.39 0.68 2.18
Net debt to EBITDA (2.35) 0.26 0.26

Dividend

Metric APWC GWH Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio 0.00 0.00 0.00

Size

Metric APWC GWH Electrical Equipment & Parts median
Market cap 27.21m 14.06m 177.98m

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