ChargePoint Holdings, Inc.

NYSE:CHPT Stock Report

Market Cap: US$496.3m

ChargePoint Holdings Valuation

Is CHPT 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 CHPT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CHPT ($1.15) is trading below our estimate of fair value ($19.98)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for CHPT. This is calculated by dividing CHPT's market cap by their current revenue.
What is CHPT's PS Ratio?
PS Ratio1.1x
SalesUS$441.70m
Market CapUS$496.32m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for CHPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10.8x
EOSE Eos Energy Enterprises
39.3x71.7%US$588.4m
SHLS Shoals Technologies Group
1.9x10.0%US$805.2m
ALNT Allient
0.8x1.5%US$413.9m
LYTS LSI Industries
1.2x7.4%US$594.2m
CHPT ChargePoint Holdings
1.1x16.4%US$496.3m

Price-To-Sales vs Peers: CHPT is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (10.8x).

Price to Sales Ratio vs Industry

How does CHPT's PS Ratio compare vs other companies in the US Electrical Industry?

20 CompaniesPrice / SalesEstimated GrowthMarket Cap
BW Babcock & Wilcox Enterprises
0.2x-0.03%US$179.20m
TPIC TPI Composites
0.07x13.5%US$96.08m
CBAT CBAK Energy Technology
0.4x21.1%US$80.04m
STEM Stem
0.2x31.0%US$63.77m
CHPT 1.1xIndustry Avg. 1.9xNo. of Companies20PS0246810+
20 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CHPT is good value based on its Price-To-Sales Ratio (1.1x) compared to the US Electrical industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

What is CHPT'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.

CHPT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: CHPT is expensive based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

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 CHPT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$1.15
US$2.13
+85.6%
32.3%US$4.00US$1.20n/a13
Nov ’25US$1.24
US$2.19
+76.3%
30.8%US$4.00US$1.25n/a15
Oct ’25US$1.30
US$2.27
+74.9%
30.1%US$4.00US$1.25n/a15
Sep ’25US$1.88
US$2.69
+43.1%
37.2%US$6.00US$1.50n/a16
Aug ’25US$1.99
US$2.77
+39.1%
36.8%US$6.00US$1.50n/a17
Jul ’25US$1.48
US$2.89
+95.4%
38.5%US$6.00US$1.50n/a18
Jun ’25US$1.68
US$3.26
+93.8%
35.8%US$6.00US$1.50n/a19
May ’25US$1.42
US$3.26
+129.2%
35.8%US$6.00US$1.50n/a19
Apr ’25US$1.82
US$3.20
+76.1%
34.4%US$6.00US$2.00n/a21
Mar ’25US$2.08
US$3.49
+67.5%
33.4%US$6.00US$2.00n/a20
Feb ’25US$2.05
US$3.44
+68.0%
34.2%US$6.00US$2.00n/a19
Jan ’25US$2.34
US$3.44
+47.2%
33.6%US$6.00US$2.00n/a19
Dec ’24US$2.02
US$5.00
+147.5%
72.9%US$17.00US$2.00n/a17
Nov ’24US$2.51
US$9.83
+291.6%
35.2%US$19.00US$5.00US$1.2419
Oct ’24US$4.97
US$10.74
+116.0%
26.9%US$19.00US$7.00US$1.3020
Sep ’24US$7.44
US$14.60
+96.2%
27.5%US$27.00US$10.00US$1.8818
Aug ’24US$8.40
US$15.04
+79.1%
27.7%US$27.00US$10.00US$1.9918
Jul ’24US$8.79
US$15.28
+73.9%
27.3%US$27.00US$10.00US$1.4817
Jun ’24US$9.75
US$16.50
+69.2%
27.9%US$26.00US$10.00US$1.6818
May ’24US$8.46
US$17.18
+103.1%
26.0%US$26.00US$10.00US$1.4219
Apr ’24US$10.47
US$17.48
+66.9%
27.0%US$26.00US$10.00US$1.8220
Mar ’24US$11.08
US$20.26
+82.9%
36.9%US$46.00US$12.50US$2.0819
Feb ’24US$12.46
US$20.50
+64.5%
37.1%US$46.00US$12.50US$2.0518
Jan ’24US$9.53
US$20.47
+114.8%
36.0%US$46.00US$12.50US$2.3419
Dec ’23US$12.19
US$22.15
+81.7%
37.8%US$46.00US$13.00US$2.0220
Nov ’23US$14.10
US$22.48
+59.4%
36.7%US$46.00US$13.00US$2.5120

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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