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Advent Technologies Holdings, Inc.OTCPK:ADNH Rapporto sulle azioni

Cap. di mercato US$1.3m
Prezzo delle azioni
US$0.34
Il mio valore equo
Non disponibile
1Y-83.7%
7D-2.4%
Valore del portafoglio
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Advent Technologies Holdings, Inc.

Report azionario OTCPK:ADNH

Capitalizzazione di mercato: US$1.3m

Advent Technologies Holdings (ADNH) Panoramica del titolo

Advent Technologies Holdings, Inc. è una società di sviluppo di materiali e tecnologie avanzate che opera nei mercati delle celle a combustibile e della tecnologia dell'idrogeno in Nord America e in Europa. Maggiori dettagli

ADNH analisi fondamentale
Punteggio fiocco di neve
Valutazione2/6
Crescita futura0/6
Prestazioni passate2/6
Salute finanziaria0/6
Dividendi0/6

Premi

Il rapporto prezzo/utile ( 1.6 x) è inferiore al mercato US ( 18.4 x)

È diventato redditizio quest'anno

Analisi del rischio

Il debito non è ben coperto dal flusso di cassa operativo

Patrimonio netto negativo

Non ha una capitalizzazione di mercato significativa ( $1M )

Prezzo delle azioni altamente volatile negli ultimi 3 mesi rispetto al mercato US

+ 3 più rischi

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Concorrenti di Advent Technologies Holdings, Inc.

Storia dei prezzi e prestazioni

Riepilogo dei massimi, dei minimi e delle variazioni dei prezzi delle azioni per Advent Technologies Holdings
Prezzi storici delle azioni
Prezzo attuale dell'azioneUS$0.34
Massimo di 52 settimaneUS$6.18
Minimo di 52 settimaneUS$0.33
Beta0.51
Variazione di 1 mese0.86%
Variazione a 3 mesi-27.68%
Variazione di 1 anno-83.73%
Variazione a 3 anni-98.94%
Variazione a 5 anni-99.89%
Variazione dall'IPO-99.88%

Notizie e aggiornamenti recenti

Recent updates

Articolo di analisi • Feb 18

Is Advent Technologies Holdings (NASDAQ:ADN) In A Good Position To Invest In Growth?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Articolo di analisi • Sep 16

Is Advent Technologies Holdings (NASDAQ:ADN) In A Good Position To Invest In Growth?

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Seeking Alpha • Sep 15

Advent Technologies: Generating Positive Alpha In Uncertain Times

Summary Green HiPo market opportunity brings significant revenue growth in the next 6 years as the green energy transition gains steam. Advent announced many new market opportunities and collaborations as the company continues to engage the market with its new generation hydrogen technology. The company is making progress with the technology assessment with Hyundai, while the second global automaker could bring positive surprises in the near term. Management shared an ambitious 2025 revenue target that will drive significant growth during the period. My base case target price is $11.50, implying 280% potential upside from current levels. There are lots going on for Advent Technologies (ADN) in the past few months given the rapid pace of adoption for hydrogen and the increasing need for it for energy resilience especially in Europe and the United States. Investment thesis I have previously written articles on Advent that elaborate more on the company's business model and technology. The investment case for Advent is becoming increasingly compelling in my view and are detailed below: With the recent notification that Advent will be receiving a significant amount of funding in relation to its Green HiPo project, this funding shows the confidence that the Greece and the EU has in Advent's ability to execute and its hydrogen technology. Advent's partnership with Hyundai is moving on to the next phase while it is in technology assessment with a second global automaker. Furthermore, there are ongoing discussions with global conglomerates that act as further catalyst for the stock. Management has set an ambitious revenue target for 2025, with strong growth in mind as it leverages on the huge and rapidly growing market opportunity in the hydrogen space. Green HiPo update As highlighted in my earlier article, Advent received notification of Euro 782 million for the IPCEI Green HiPo project, which shows the confidence that Greece and the EU has in Advent's technology and ability to deliver. Management gave some estimates as to what opportunity the Green HiPo project could bring. In the 6 years for the Green HiPo project, the company expects revenues from both electrolysers and fuel cells. Based on an assumption of 0.35% of market share of the 400 GW of capacity by 2030, this translates to Euro 350 million in revenue opportunity for Advent during the next 6 years. Furthermore, assuming a 0.07% market share of the 170 GW expected by 2030, the fuel cell revenues generated from the project is expected to be $205 million during the next 6 years. New opportunities and collaborations The most recent collaboration announced was a Memorandum of Understanding ("MoU") signed with the New York State Energy Research and Development Authority, along with 60 other clean hydrogen partners. The consortium will collaborate towards the goal of enabling Northeast states in the United States to become one of the 4 planned regional clean hydrogen hubs in the United States. This will include states like New York, Massachusetts and Maine. This consortium of partners will provide a foundation for a proposal involving a total funding opportunity of $8 billion available. The partners in the consortium include leaders in their own industries, OEMs of hydrogen technologies and even non-profit organisations and universities (The list can be found here). Among some of the goals of the consortium, the main goal is for the consortium to come up with a plan for the hydrogen hub that would result in lower emissions, while producing clean and safe hydrogen energy and providing energy resilience, and eventually meet the individual states goals of net-zero carbon emissions. As a result of its focus on green hydrogen, it is crucial for the plan to integrate renewable energy like wind and solar for the production of hydrogen. Also, it is expected that the eventual clean hydrogen be used for a variety of use cases like in heavy duty vehicles and power generation, amongst others. For Advent, I think that this collaboration could bring greater awareness to the company, especially in the United States, and prove that its hydrogen technology can help decarbonisation efforts globally to reduce reliance on fossil fuels. Another MoU signed was with Dannar, a company that is leading in production and batteries and storage systems, with an emphasis on mobile power. The partnership aims to help Dannar utilise Advent's fuel cell technology to transform its mobile charging stations into one that has zero emissions. I think that this will demonstrate the application of Advent's next generation Membrane Electrode Assembly ("MEA"), which is currently under development within the framework of L'Innovator, to capture more market share in the power generation and mobility markets. As Dannar has been known for producing mobile power stations for first responder teams, Dannar's recognition and partnership with Advent to utilise clean energy brings additional evidence that Advent holds a leading position in the hydrogen technology and fuel cell market. Next, Advent announced that they have signed a MoU with DEPA Commercial. This MoU signed with Greece's leading pipeline gas and LNG importer seeks to collaborate on the production of green hydrogen as a fuel and to create a hub for the promotion of hydrogen technologies. This collaboration could help to diversify the energy mix in Greece and increase the energy security in the country to reduce reliance on natural gas, which we now know makes the country vulnerable to the external environment. Technology assessment with global automakers and discussions with global conglomerates As elaborated in my earlier article, Advent has previously announced that Hyundai was one of the global automotive manufacturers that has been going through the technology assessment phase with Advent. Based on the agreement, Hyundai hopes to use Advent's next-gen MEA technology to decarbonize sectors with high carbon footprint. As Advent has stated in the second quarter results, the technology assessment with Hyundai has completed the first phase and in the following phase, the two companies will be determining the appropriate milestones and targets as well as requirements for products that should be achieved. In the investor day presentation, management also stated that other than this current partnership with Hyundai and a second global automaker, they continue to be in discussions with global conglomerates. The opportunity in these discussions are huge and span a wide range of sectors from aviation to marine. Clear plans for 2022 & 2023, and an ambitious 2025 target During Advent's investor day, the company's CEO explained the company's near term strategy. In 2022, the focus is on engaging the market. With the announcement of availability of its next-gen MEAs earlier in the year, management has been focused on gaining traction and improving awareness of this next-gen MEA. As a result, the company managed to enter into technology assessment with Hyundai and another large global automotive manufacturer. On top of that, it signed multiple MoUs and also received notification of Euro 782 million funding for the HiPo project. For 2023 and beyond, the priority will then be shifted towards the next phase of growth. Firstly, the company will be scaling up capacity in its markets in North America, Europe and Greece. Second, the company will commercialize its next generation MEA that it jointly developed with the US Department of Energy and aims to bring in more partnerships with regards to the new technology. Next, the company will focus on bringing in more joint development and collaborations with large global players as the market becomes more confident in the value add that Advent's hydrogen technology can bring and potentially new strategic transactions as well. In addition, I think this is the first time Advent is communicating a 2025 revenue target of $500 million. Given that Advent has only generated $7 million revenues in 2021, $23 million revenues expected in 2022, and will see significant ramp up in the years to come, this ambitious revenue target signals management's intentions to grow rapidly as hydrogen adoption ramps up. This translates to a 20x growth in revenues from 2022 by 2025 if achieved. While not guaranteed, there is currently a pipeline of projects highlighted above to make this happen, and would imply that management is rather confident in one of its large automotive OEMs in technology assessment to convert to an actual sales agreement, in my view. Also, other ways to achieve this revenue target comes from targeting the stationary power market, mobility market, and importantly, the opportunity from green HiPo from fuel cells and electrolyzers. Valuation Although the global macroeconomic situation seems to be rather uncertain at the moment, I think that Advent could be one stock that could generate positive alpha given the potential catalysts that may materialize.
Seeking Alpha • Aug 08

Advent Technologies and DEPA Commercial sign MoU for hydrogen projects collaboration

Advent Technologies (NASDAQ:ADN) signed a MoU with DEPA Commercial, importer of pipeline gas and liquefied natural gas in Greece to enter into a strategic collaboration on hydrogen projects of common interest. The agreement includes co-developing a proprietary and highly differentiated CHP system ready for mass production with efficiency approaching 90% and with multi-fuel operating capabilities for addressing key current, future, and on-grid, off-grid operation modes and business cases. Also, it will create a innovation hub for the Greek hydrogen and fuel cell industry and develop synergies for promoting hydrogen and related technologies.
Seeking Alpha • Jul 18

Advent Technologies stock surges as EU ratifies Green HiPo project

Advent Technologies (NASDAQ:ADN) shares climbed over 26% on Monday after the fuel cell company announced that it has received official ratification from the EU for its Green HiPo project. The ratification of Green HiPo was amongst 41 projects under the umbrella "IPCEI Hy2Tech" jointly prepared and notified by fifteen member states (Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia, and Spain). The member states will offer up to €5.4B in public funding, which is likely to unlock an additional €8.8B in private investments. As part of the IPCEI, 35 companies with activities in one or more member states will participate in these 41 projects. The IPCEI will cover a wide part of the hydrogen technology value chain, including hydrogen generation, storage, transportation, and distribution, fuel cells and end-users applications. Advent (ADN) will take part in both the generation of hydrogen and fuel cells.
Seeking Alpha • Jun 30

Advent Technologies: Funding Secured, With Significant Upside Potential Ahead

Advent received notification of Euro 782 million funding from the Greek state, which amounts to more than 6 times its current market capitalization, which will be distributed over 6 years. The company has 2 large, global automotive manufacturers in technology assessment interested in Advent's products and technology, providing huge upside optionality. During the company's Q1'22, the management reiterated the superior performance of the new generation of Advent MEAs as well as that the company has sufficient cash in the near term. Advent could be a 5x opportunity based on my base case scenario and a 10x opportunity based on my optimistic upside scenario. Advent Technologies (ADN) announced some positive funding news as well as its Q1'22 results earlier last month. This article aims to do a follow-up analysis on the health and prospects of Advent after this new information was released. I have written an initiation article on Advent, which can be found here. Investment Thesis My updated investment thesis for Advent includes the following: Advent has received notification of funding from the Greek state worth more than 6 times its market capitalization and the approval from the EU and Greek state shows confidence in Advent's execution, products and technology Advent continues to see growing momentum in customer interests as there are now 2 large, global automotive manufacturers in technology assessment stage now testing the company's next generation MEA. As reiterated by tests done on Advent's new generation MEAs, these MEAs have a significant competitive advantage compared to current MEAs. My base case target price for Advent of $14 implies a 5x upside potential at current levels, while the optimistic upside scenario of $28 implies 10x upside potential from current levels. Significant Funding From Greek State On 16 June 2022, Advent announced that it has successfully received notification of Euro 782 million in funding from the Greek state. This is for Advent's Important Projects of Common European Interest (“IPCEI”) Green HiPo Project. As mentioned in my earlier article, this is a rather significant project for Advent: "The goal of the project is to replace the largest coal fired plants in Greece. Through the use of large scale renewable solar energy, the project aims to produce green hydrogen via electrolysis and to use Advent's HT-PEM fuel cells to then generate clean electricity and heat. Since Advent's fuel cells is able to generate both electricity and heat, these 2 projects aim to produce 4.65 GW of green hydrogen as well as fuel cell heat and power production of 400 MW." Upon the ratification by the EU, this funding amount for the Green HiPo project will be distributed to Advent over a 6-year period. The schedule for the funding is shown below. Funding schedule for Advent (Advent IR website) As mentioned in my earlier article, I think that the market has not been pricing in many of these opportunities that, in my opinion, brings a huge optionality to Advent's share price. For perspective, the Euro 782 million in funding from the government is currently more than 6 times Advent's current market capitalization. Although the funding is back end weighted, with significant funding amount distributed in years 3 and 4, I think we will get greater clarity from management on how this funding will be utilized and how Advent will turn profitable in the future during its investor day on July 7. In addition, I think that this is a milestone for Advent given the long process and detailed due diligence needed for the approvals from the Greek state as well as the EU. At the end of the day, this approval of funding speaks volumes about the confidence in Advent's ability to deliver on the project, as well as the technology that Advent brings to the table for the manufacturing of fuel cell systems and electrolyser systems. Lastly, as Europe sees the increasing need to shift towards alternative green sources of energy and improve energy resilience in the region, this may bring additional opportunities for Advent in the future. Upside From 2 Large Global Automotive Manufacturers In my earlier article, I mentioned that Advent entered into a fuel cell technology assessment, sales and development agreement with Hyundai, which could potentially be one of its largest potential customer, although nothing is definitive yet. A few days after that announcement about Hyundai, Advent announced a second large global automotive manufacturer signing an agreement for technology assessment. This will involve discussions and testing of the Membrane Electrode Assemblies (“MEAs”), fuel cell stacks and High Temperature Proton Exchange Membrane ("HT-PEM") technology. There was also mention that the agreement was to accelerate the decarbonization of the automotive industry in the US, which provides hints as to where this automotive manufacturer is based. Of course, while this may seem exciting for the company, this may not translate to an actual development agreement or purchase agreements if the technology or products are not deemed suitable and thus, I will be monitoring the development closely to evaluate the outcomes. I think it's also interesting to note that the MEAs being tested for this project are new Advent MEAs developed with the US Department of Energy, so the results of this technology assessment have implications for this new Advent MEA. Again, I think that when there are 2 large global automotive manufacturers interested in Advent's products and technology, this speaks volumes about the innovation and the quality of its products as well as the confidence in the company in being able to execute at scale. With any progress on these 2 large global automotive manufacturers, this will be a significant upside to the company as it presents a very large opportunity set as well as a vote of confidence for Advent's products and execution capabilities. Some Takeaways From 1Q22 In March 2022, Advent announced its next generation MEAs that was achieved through the collaboration with the US Department of Energy and these new MEAs are currently being tested and validated by potential customers and partners of Advent. This new MEA went through stress testing that confirmed that it has the potential for more than five times the lifetime of normal high temperature MEAs in the market, and it has a strong potential for two times to three times the power density of current high temperature MEAs. The company intends to ramp up production capacity to scale and achieve hundreds of megawatts per month by the end of 2023. I think this scaling up timeline is in-line with the funding from the Greek state.
Seeking Alpha • Apr 07

Advent Technologies: Early-Stage Hydrogen Company With Significant Upside Potential

Advent's HT-PEM fuel cell offerings and MEAs have a significant competitive advantage to peers and its next generation MEA could see much more significant improvement from current MEAs. Advent has executed synergistic acquisitions which helps to improve its capabilities and expand its technical team, thereby driving long term growth of the company. Advent is seeing growing traction in interests, agreements with potential customers, distributors and enter partnerships with the US Department of Energy to develop next generation MEA with huge step-up benefits. My base case target price for Advent of $17 implies a 5x upside potential at current levels while the optimistic upside scenario of $34 implies 10x upside potential from current levels.
Articolo di analisi • Nov 04

Calculating The Intrinsic Value Of Advent Technologies Holdings, Inc. (NASDAQ:ADN)

In this article we are going to estimate the intrinsic value of Advent Technologies Holdings, Inc. ( NASDAQ:ADN ) by...

Rendimenti per gli azionisti

ADNHUS ElectricalUS Mercato
7D-2.4%-7.2%-1.0%
1Y-83.7%76.7%23.3%

Ritorno vs Industria: ADNH ha avuto una performance inferiore rispetto al US Electrical che ha registrato un rendimento 76.7 % nell'ultimo anno.

Rendimento vs Mercato: ADNH ha avuto una performance inferiore al mercato US che ha registrato un rendimento 23.3 % nell'ultimo anno.

Volatilità dei prezzi

Is ADNH's price volatile compared to industry and market?
ADNH volatility
ADNH Average Weekly Movement18.7%
Electrical Industry Average Movement12.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Prezzo delle azioni stabile: Negli ultimi 3 mesi il prezzo delle azioni di ADNH è stato volatile rispetto al mercato US.

Volatilità nel tempo: La volatilità settimanale ( 19% ) di ADNH è rimasta stabile nell'ultimo anno, ma è comunque superiore al 75% delle azioni US.

Informazioni sull'azienda

FondatoI dipendentiAMMINISTRATORE DELEGATOSito web
n/a26Gary Hermanwww.advent.energy

Advent Technologies Holdings, Inc. è una società di sviluppo di materiali e tecnologie avanzate che opera nei mercati delle celle a combustibile e della tecnologia dell'idrogeno in Nord America e in Europa. Sviluppa, produce e assembla sistemi di celle a combustibile e componenti critici che determinano le prestazioni delle celle a combustibile a idrogeno e di altri sistemi energetici. L'azienda offre celle a combustibile a membrana a scambio protonico ad alta temperatura (HT-PEM), elettrodi per applicazioni nei mercati delle celle a combustibile e dell'accumulo di energia e gruppi elettrodo membrana (MEA).

Advent Technologies Holdings, Inc. Riepilogo dei fondamenti

Come si confrontano gli utili e i ricavi di Advent Technologies Holdings con la sua capitalizzazione di mercato?
ADNH statistiche fondamentali
Capitalizzazione di mercatoUS$1.26m
Utili (TTM)US$784.00k
Ricavi(TTM)US$49.00k
1.6x
Rapporto P/E
26.3x
Rapporto P/S

ADNH è sopravvalutato?

Vedi Fair Value e analisi di valutazione

Utili e ricavi

Statistiche chiave sulla redditività dall'ultima relazione sugli utili (TTM)
ADNH Conto economico (TTM)
RicaviUS$49.00k
Costo del fatturatoUS$1.73m
Profitto lordo-US$1.68m
Altre spese-US$2.47m
UtiliUS$784.00k

Ultimi utili riportati

Sep 30, 2025

Prossima data di guadagno

n/a

Utile per azione (EPS)0.21
Margine lordo-3,436.73%
Margine di profitto netto1,600.00%
Rapporto debito/patrimonio netto-10.1%

Come si è comportato ADNH nel lungo periodo?

Vedi performance storica e confronto

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/20 21:59
Prezzo dell'azione a fine giornata2026/05/20 00:00
Utili2025/09/30
Utili annuali2024/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Advent Technologies Holdings, Inc. è coperta da 2 analisti. 0 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Espen FjermestadFearnley Securities
Laurence AlexanderJefferies LLC