company background image
ADN

Advent Technologies Holdings NasdaqCM:ADN Stock Report

Last Price

US$2.38

Market Cap

US$122.8m

7D

-15.9%

1Y

-73.9%

Updated

28 Jun, 2022

Data

Company Financials +
ADN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

ADN Stock Overview

Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets.

Advent Technologies Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Advent Technologies Holdings
Historical stock prices
Current Share PriceUS$2.38
52 Week HighUS$10.07
52 Week LowUS$1.13
Beta0.77
1 Month Change59.73%
3 Month Change-5.18%
1 Year Change-73.90%
3 Year Change-76.06%
5 Year Changen/a
Change since IPO-75.44%

Recent News & Updates

Shareholder Returns

ADNUS ElectricalUS Market
7D-15.9%1.2%1.7%
1Y-73.9%-29.3%-20.4%

Return vs Industry: ADN underperformed the US Electrical industry which returned -27.4% over the past year.

Return vs Market: ADN underperformed the US Market which returned -18.8% over the past year.

Price Volatility

Is ADN's price volatile compared to industry and market?
ADN volatility
ADN Average Weekly Movement75.7%
Electrical Industry Average Movement11.6%
Market Average Movement8.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: ADN is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 76% a week.

Volatility Over Time: ADN's weekly volatility has increased from 38% to 76% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a200Vassilios Gregoriouhttps://www.advent.energy

Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems. The company offers high-temperature proton exchange membrane (HT-PEM) fuel cells, HT-PEM based membrane electrode assemblies, membranes, and electrodes.

Advent Technologies Holdings Fundamentals Summary

How do Advent Technologies Holdings's earnings and revenue compare to its market cap?
ADN fundamental statistics
Market CapUS$122.84m
Earnings (TTM)-US$27.53m
Revenue (TTM)US$6.84m

18.0x

P/S Ratio

-4.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADN income statement (TTM)
RevenueUS$6.84m
Cost of RevenueUS$6.58m
Gross ProfitUS$259.63k
Other ExpensesUS$27.78m
Earnings-US$27.53m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.53
Gross Margin3.80%
Net Profit Margin-402.66%
Debt/Equity Ratio0.0%

How did ADN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ADN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue9.3x
Enterprise Value/EBITDA-1.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ADN's PS Ratio compare to its peers?

ADN PS Ratio vs Peers
The above table shows the PS ratio for ADN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average7x
NEOV NeoVolta
25.6xn/aUS$116.0m
AMSC American Superconductor
1.3x11.2%US$153.5m
CBAT CBAK Energy Technology
0.8xn/aUS$100.5m
LYTS LSI Industries
0.4x7.0%US$161.3m
ADN Advent Technologies Holdings
18x66.0%US$122.8m

Price-To-Sales vs Peers: ADN is expensive based on its Price-To-Sales Ratio (18x) compared to the peer average (7x).


Price to Earnings Ratio vs Industry

How does ADN's PE Ratio compare vs other companies in the US Electrical Industry?

Price-To-Sales vs Industry: ADN is expensive based on its Price-To-Sales Ratio (18x) compared to the US Electrical industry average (1.8x)


Price to Sales Ratio vs Fair Ratio

What is ADN'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.

ADN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio18x
Fair PS Ratio15.1x

Price-To-Sales vs Fair Ratio: ADN is expensive based on its Price-To-Sales Ratio (18x) compared to the estimated Fair Price-To-Sales Ratio (15.1x).


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate ADN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ADN's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ADN's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Advent Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-3.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ADN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ADN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ADN's revenue (66% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: ADN's revenue (66% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ADN's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Advent Technologies Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-114.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ADN is currently unprofitable.

Growing Profit Margin: ADN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADN is unprofitable, and losses have increased over the past 5 years at a rate of 114% per year.

Accelerating Growth: Unable to compare ADN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADN is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (31.2%).


Return on Equity

High ROE: ADN has a negative Return on Equity (-21.41%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Advent Technologies Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ADN's short term assets ($82.6M) exceed its short term liabilities ($14.4M).

Long Term Liabilities: ADN's short term assets ($82.6M) exceed its long term liabilities ($5.2M).


Debt to Equity History and Analysis

Debt Level: ADN is debt free.

Reducing Debt: ADN had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ADN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ADN has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 110.9% each year.


Discover healthy companies

Dividend

What is Advent Technologies Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ADN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ADN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ADN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADN's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ADN has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Vassilios Gregoriou (56 yo)

no data

Tenure

US$19,200,617

Compensation

Dr. Vassilios Gregoriou, Ph D., serves as Chief Executive Officer of Advent Technologies S.A. He serves as the Chairman and Chief Executive Officer at Advent Technologies Holdings, Inc. since inception.Dr...


CEO Compensation Analysis

Compensation vs Market: Vassilios's total compensation ($USD19.20M) is above average for companies of similar size in the US market ($USD752.76K).

Compensation vs Earnings: Vassilios's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ADN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: ADN's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.9%.


Top Shareholders

Company Information

Advent Technologies Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Advent Technologies Holdings, Inc.
  • Ticker: ADN
  • Exchange: NasdaqCM
  • Founded: NaN
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: US$122.837m
  • Shares outstanding: 51.61m
  • Website: https://www.advent.energy

Number of Employees


Location

  • Advent Technologies Holdings, Inc.
  • 200 Clarendon Street
  • Boston
  • Massachusetts
  • 2116
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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 here.