ADS-TEC Energy (NASDAQ: ADSE)

Last close As at 18/04/2024

USD10.80

0.00 (0.00%)

Market capitalisation

USD547m

ADS-TEC Energy makes battery storage-based energy platforms. These buffer systems enable consistent, high-power delivery for systems such as EV charging.

Latest Insights

Industrials | Initiation

ADS-TEC Energy — Serving the energy transition

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ADS-TEC Energy – EFK interview

Sector

Industrials

Equity Analyst

David Larkam

David Larkam

Analyst, Industrials

Key Management

  • Prof. Dr. Kurt Lauk

    Chairman

  • Thomas Speidel

    CEO

  • Wolfgang Breme

    CFO

Balance Sheet

Forecast net cash (€m)

17.5

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
% 1M 3M 12M
Actual 3.7 57.9 397.7
Relative 5.7 49.0 311.4
52 week high/low US$11.2/US$2.0

Financials

ADS-TEC Energy operates in an emerging market serving the changing grid and power management requirements of an electrifying world. Its key market at present is for battery-buffered ultra-fast charging systems for electric vehicles (EVs). This is starting to produce tangible positive results, with the business EBITDA positive in Q423. Hence, ADS-TEC offers a de-risking investment into the electrification of the energy system, including the growth of EVs through the associated charging infrastructure.

Y/E Dec Revenue (€m) EBITDA (€m) PBT (€m) EPS (fd) (c) P/E (x) P/CF (x)
2021A 33.0 (15.2) (21.4) (86.19) N/A N/A
2022A 26.4 (29.3) (13.6) (32.9) N/A N/A
2023E 107.4 (16.6) (26.9) (42.2) N/A N/A
2024E 199.6 10.0 (0.3) (2.0) N/A 50.2

Research

Further insights

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Industrials

ADS-TEC Energy: EKF 2023 QuickView