ITM POWER PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 49.44 GBX | -2.96% |
|
-4.09% | -16.77% |
| 26/04 | ITM Power strikes deal with Hygen for PME electrolyser supply | AN |
| 26/04 | ITM Power, Hygen Team Up for Hydrogen Projects in UK, Europe | MT |
Valuation
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 82.62 | 741 | 2,866 | 2,032 | 481.7 | 314.3 | - | - |
| Enterprise Value (EV) 1 | 77.45 | 701.1 | 2,690 | 1,666 | 199.2 | 112.8 | 176.2 | 216.1 |
| P/E ratio | -8.79 x | -21.2 x | -94.6 x | -40.9 x | -4.74 x | -6.07 x | -7.61 x | -11.6 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 4.72 x | 225 x | 670 x | 361 x | 92.1 x | 18.4 x | 6.79 x | 3.64 x |
| EV / Revenue | 4.43 x | 213 x | 629 x | 296 x | 38.1 x | 6.61 x | 3.81 x | 2.5 x |
| EV / EBITDA | -10.3 x | -33.9 x | -126 x | -41.9 x | -2.11 x | -2.34 x | -5.32 x | -12 x |
| EV / FCF | -5.07 x | -30.9 x | -74.5 x | -39.3 x | -2.46 x | -1.58 x | -2.52 x | -4.04 x |
| FCF Yield | -19.7% | -3.24% | -1.34% | -2.54% | -40.7% | -63.5% | -39.7% | -24.8% |
| Price to Book | 3.15 x | 11.2 x | 14.5 x | 5.14 x | 1.63 x | 1.22 x | 1.41 x | 1.65 x |
| Nbr of stocks (in thousands) | 3,24,009 | 4,73,181 | 5,50,658 | 6,13,158 | 6,16,158 | 6,16,882 | - | - |
| Reference price 2 | 0.2550 | 1.566 | 5.205 | 3.314 | 0.7818 | 0.4944 | 0.4944 | 0.4944 |
| Announcement Date | 03/10/19 | 22/10/20 | 13/09/21 | 14/09/22 | 17/08/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 17.5 | 3.291 | 4.275 | 5.627 | 5.229 | 17.06 | 46.26 | 86.3 |
| EBITDA 1 | -7.5 | -20.7 | -21.4 | -39.77 | -94.22 | -48.15 | -33.14 | -17.97 |
| EBIT 1 | -9.347 | -29.4 | -26.66 | -44.74 | -103.7 | -55.23 | -42.84 | -28.68 |
| Operating Margin | -53.41% | -893.22% | -623.56% | -795.02% | -1,983.42% | -323.72% | -92.62% | -33.23% |
| Earnings before Tax (EBT) 1 | -9.318 | -29.52 | -27.65 | -46.66 | -101.2 | -50.81 | -40.45 | -26.16 |
| Net income 1 | -9.451 | -29.56 | -27.7 | -46.69 | -101.2 | -46.57 | -38.13 | -26.3 |
| Net margin | -54.01% | -898.24% | -647.88% | -829.82% | -1,935.38% | -272.96% | -82.43% | -30.47% |
| EPS 2 | -0.0290 | -0.0740 | -0.0550 | -0.0810 | -0.1650 | -0.0814 | -0.0650 | -0.0425 |
| Free Cash Flow 1 | -15.26 | -22.71 | -36.09 | -42.35 | -81.11 | -71.55 | -69.99 | -53.53 |
| FCF margin | -87.21% | -690% | -844.14% | -752.69% | -1,551.1% | -419.41% | -151.3% | -62.03% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 03/10/19 | 22/10/20 | 13/09/21 | 14/09/22 | 17/08/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: April | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 1.471 | 2 | 3.198 | 8.883 | 2.9 |
| EBITDA | - | - | - | - | -20.98 | - |
| EBIT 1 | - | -29.7 | - | -47.55 | -23.57 | -30.28 |
| Operating Margin | - | -2,018.83% | - | -1,486.93% | -265.36% | -1,043.98% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | -24.6 |
| Net income 1 | -15.36 | - | -56.55 | - | -18.22 | -61 |
| Net margin | - | - | -2,827.4% | - | -205.05% | -2,103.45% |
| EPS 2 | -0.0280 | - | -0.0920 | - | - | -0.0370 |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 27/01/22 | 14/09/22 | 31/01/23 | 17/08/23 | 31/01/24 | - |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 5.17 | 39.9 | 176 | 366 | 283 | 202 | 138 | 98.2 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -15.3 | -22.7 | -36.1 | -42.4 | -81.1 | -71.6 | -70 | -53.5 |
| ROE (net income / shareholders' equity) | -30.6% | -53% | -21.9% | -15.8% | -27.6% | -17.5% | -15.8% | -15.3% |
| ROA (Net income/ Total Assets) | - | - | -17.7% | -13.6% | -22.1% | -11% | -7.2% | - |
| Assets 1 | - | - | 156.1 | 343.6 | 457.2 | 423.3 | 529.6 | - |
| Book Value Per Share 2 | 0.0800 | 0.1400 | 0.3600 | 0.6400 | 0.4800 | 0.4100 | 0.3500 | 0.3000 |
| Cash Flow per Share 2 | - | - | -0.0400 | -0.0700 | -0.1200 | -0.1000 | -0.1000 | -0.0600 |
| Capex 1 | 4.13 | 8.99 | 14.4 | 4.12 | 8.55 | 20.2 | 23.3 | 25.2 |
| Capex / Sales | 23.57% | 273.05% | 337.36% | 73.2% | 163.57% | 118.37% | 50.35% | 29.15% |
| Announcement Date | 03/10/19 | 22/10/20 | 13/09/21 | 14/09/22 | 17/08/23 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
0.5095
GBP
Average target price
0.9794
GBP
Spread / Average Target
+92.24%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -16.77% | 394M | |
| +20.35% | 90.56B | |
| +45.15% | 24.92B | |
| +39.97% | 16.61B | |
| +21.91% | 10.14B | |
| -1.84% | 8.13B | |
| +5.66% | 7.77B | |
| +26.46% | 7.68B | |
| +159.02% | 6.78B | |
| +43.41% | 5.01B |
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- Financials ITM Power Plc
