ESS Tech, Inc. (GWH) vs Pioneer Power Solutions, Inc. (PPSI)

ESS Tech, Inc. and Pioneer Power Solutions, Inc. are both Electrical Equipment & Parts companies. Pioneer Power Solutions, Inc. is the larger, with a market value of $36.3M against $14.1M — 2.6× the size. Pioneer Power Solutions, Inc. grew revenue faster over the last twelve months: −30.3% against −119.0%. ESS Tech, Inc. has the higher net margin (5,612.4% vs −38.1%) and the higher return on invested capital (0.00% vs −28.8%). Across the 15 metrics below, ESS Tech, Inc. leads on 9 and Pioneer Power Solutions, Inc. on 6.

Valuation

Metric GWH PPSI Electrical Equipment & Parts median
P/E n/m n/m 36.10
P/S n/m 1.68 2.73
P/B n/m 1.48 3.57
Price to free cash flow n/m n/m 33.31
EV/EBITDA n/m n/m 18.07
EV/Sales (3.55) 1.24 2.75
Earnings yield (1,395.24%) (22.89%) (5.84%)
Free cash flow yield (639.38%) (20.98%) 0.00%

Profitability

Metric GWH PPSI Electrical Equipment & Parts median
Gross margin 2,462.32% 16.19% 25.38%
Operating margin 4,826.77% (30.12%) 0.00%
Net margin 5,612.36% (38.11%) 0.00%
Free cash flow margin 3,871.87% (35.24%) 0.00%
Return on equity (21,339.71%) (28.75%) 0.94%
Return on assets (182.63%) (23.52%) (1.50%)
Return on invested capital 0.00% (28.80%) 0.00%

Growth

Metric GWH PPSI Electrical Equipment & Parts median
Revenue growth (TTM) (119.02%) (30.30%) 9.28%
EPS growth (last fiscal year) 40.71% (118.62%) —
Revenue growth, 5-year CAGR — 7.23% 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GWH PPSI Electrical Equipment & Parts median
Debt to equity (3.24) 0.01 0.08
Current ratio 0.68 4.11 2.18
Net debt to EBITDA 0.26 2.71 0.26

Dividend

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

Size

Metric GWH PPSI Electrical Equipment & Parts median
Market cap 14.06m 36.29m 177.98m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack