Fluence Energy, Inc.

DB:98W Stock Report

Market Cap: €883.2m

Fluence Energy Valuation

Is 98W undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 98W when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€12.23
Fair Value
61.7% undervalued intrinsic discount
25
Number of Analysts

Below Fair Value: 98W (€4.69) is trading below our estimate of fair value (€12.23)

Significantly Below Fair Value: 98W is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 98W?

Key metric: As 98W is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 98W. This is calculated by dividing 98W's market cap by their current revenue.
What is 98W's PS Ratio?
PS Ratio0.3x
SalesUS$2.52b
Market CapUS$958.58m

Price to Sales Ratio vs Peers

How does 98W's PS Ratio compare to its peers?

The above table shows the PS ratio for 98W vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.4x
F3C SFC Energy
2.4x17.9%€330.6m
SGL SGL Carbon
0.5x2.6%€487.9m
VBX Voltabox
5.8xn/a€53.5m
CEA FRIWO
0.8xn/a€74.4m
98W Fluence Energy
0.3x18.7%€958.6m

Price-To-Sales vs Peers: 98W is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (2.4x).

Price to Sales Ratio vs Industry

How does 98W's PS Ratio compare vs other companies in the DE Electrical Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
VAR1 Varta
0.06x4.5%US$56.26m
C0M Compleo Charging Solutions
0.1x27.6%US$15.58m
No more companies available in this PS range
98W 0.3xIndustry Avg. 1.0xNo. of Companies4PS012345+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 98W is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Electrical industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is 98W's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

98W PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 98W's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 98W forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.69
€11.10
+136.7%
54.1%€30.48€5.54n/a25
Mar ’26€5.44
€11.65
+114.1%
54.0%€31.53€5.73n/a24
Feb ’26€12.45
€24.05
+93.2%
24.8%€45.14€14.41n/a25
Jan ’26€15.50
€25.83
+66.6%
20.6%€45.35€18.33n/a26
Dec ’25n/a
€25.81
0%
20.7%€44.49€17.98n/a26
Nov ’25n/a
€25.69
0%
22.8%€43.54€13.89n/a26
Oct ’25n/a
€24.67
0%
24.3%€42.46€13.55n/a26
Sep ’25n/a
€25.09
0%
24.7%€43.00€13.72n/a26
Aug ’25n/a
€25.65
0%
24.9%€43.42€13.86n/a25
Jul ’25n/a
€26.92
0%
23.6%€43.75€13.96n/a23
Jun ’25n/a
€27.00
0%
23.3%€43.23€13.80n/a25
May ’25n/a
€28.41
0%
27.7%€55.18€15.43n/a25
Apr ’25n/a
€28.77
0%
26.2%€54.50€15.24n/a24
Mar ’25n/a
€30.07
0%
23.2%€54.70€16.69€5.4423
Feb ’25n/a
€29.92
0%
23.3%€53.77€16.41€12.4523
Jan ’25n/a
€30.10
0%
23.0%€53.95€16.46€15.5023
Dec ’24n/a
€29.69
0%
23.9%€54.25€16.55n/a24
Nov ’24n/a
€29.27
0%
25.6%€55.70€16.99n/a24
Oct ’24n/a
€31.79
0%
21.7%€56.16€22.85n/a23
Sep ’24n/a
€29.71
0%
14.4%€40.85€22.28n/a23
Aug ’24n/a
€28.81
0%
15.3%€36.38€16.37n/a22
Jul ’24n/a
€26.25
0%
16.9%€34.68€16.43n/a21
Jun ’24n/a
€26.39
0%
18.6%€35.46€16.80n/a18
May ’24n/a
€23.37
0%
18.4%€29.17€12.76n/a19
Apr ’24n/a
€23.61
0%
19.8%€29.34€13.75n/a16
Mar ’24n/a
€24.48
0%
17.6%€29.98€14.05n/a15
Analyst Price Target
Consensus Narrative from 25 Analysts
€10.80
Fair Value
56.6% undervalued intrinsic discount
25
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/13 00:50
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fluence Energy, Inc. is covered by 34 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George GianarikasBaird
Benjamin KalloBaird
Christine ChoBarclays