KULR Technology Group, Inc.

NYSEAM:KULR Stock Report

Market Cap: US$732.2m

KULR Technology Group Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: KULR ($4.8) is trading below our estimate of fair value ($24.9)

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

Key Valuation Metric

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

Key metric: As KULR barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for KULR. This is calculated by dividing KULR's market cap by their current book value.
What is KULR's PB Ratio?
PB Ratio198.6x
BookUS$5.17m
Market CapUS$732.21m

Price to Book Ratio vs Peers

How does KULR's PB Ratio compare to its peers?

The above table shows the PB ratio for KULR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average2.6x
CHPT ChargePoint Holdings
2.9x49.2%US$513.1m
AMPX Amprius Technologies
4.5x35.7%US$201.1m
SHLS Shoals Technologies Group
1.7x28.8%US$898.5m
ALNT Allient
1.5x30.8%US$404.6m
KULR KULR Technology Group
198.6x78.9%US$732.2m

Price-To-Book vs Peers: KULR is expensive based on its Price-To-Book Ratio (198.6x) compared to the peer average (2.6x).

Price to Book Ratio vs Industry

How does KULR's PB Ratio compare vs other companies in the US Electrical Industry?

6 CompaniesPrice / BookEstimated GrowthMarket Cap
FCEL FuelCell Energy
0.3x16.6%US$211.50m
RMO Romeo Power
0.3xn/aUS$65.07m
WWR Westwater Resources
0.3xn/aUS$36.95m
APWC Asia Pacific Wire & Cable
0.2xn/aUS$30.72m
KULR 198.6xIndustry Avg. 2.0xNo. of Companies12PB01.63.24.86.48+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: KULR is expensive based on its Price-To-Book Ratio (198.6x) compared to the US Electrical industry average (2x).

Price to Book Ratio vs Fair Ratio

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

KULR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio198.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate KULR's Price-To-Book 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 KULR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$4.80
US$4.22
-12.2%
62.9%US$7.00US$0.65n/a3
Dec ’25US$1.16
US$2.88
+148.6%
101.1%US$7.00US$0.65n/a3
Nov ’25US$0.28
US$2.87
+928.0%
101.7%US$7.00US$0.62n/a3
Oct ’25US$0.27
US$2.87
+946.0%
101.7%US$7.00US$0.62n/a3
Sep ’25US$0.26
US$4.00
+1,458.8%
75.0%US$7.00US$1.00n/a2
Aug ’25US$0.27
US$4.00
+1,409.4%
75.0%US$7.00US$1.00n/a2
Jul ’25US$0.38
US$4.00
+940.0%
75.0%US$7.00US$1.00n/a2
Jun ’25US$0.33
US$4.00
+1,125.5%
75.0%US$7.00US$1.00n/a2
May ’25US$0.47
US$2.61
+457.2%
97.0%US$7.00US$1.00n/a4
Apr ’25US$0.41
US$2.55
+522.0%
100.8%US$7.00US$1.00n/a4
Mar ’25US$0.15
US$2.55
+1,566.7%
100.8%US$7.00US$1.00n/a4
Feb ’25US$0.17
US$2.55
+1,400.0%
100.8%US$7.00US$1.00n/a4
Jan ’25US$0.18
US$2.55
+1,278.4%
100.8%US$7.00US$1.00n/a4
Dec ’24US$0.29
US$2.55
+771.8%
100.8%US$7.00US$1.00US$1.164
Nov ’24US$0.29
US$3.28
+1,022.9%
80.2%US$7.00US$1.20US$0.283
Oct ’24US$0.36
US$3.28
+814.8%
80.2%US$7.00US$1.20US$0.273
Sep ’24US$0.58
US$3.72
+537.9%
63.2%US$7.00US$1.65US$0.263
Aug ’24US$0.97
US$3.72
+285.0%
63.2%US$7.00US$1.65US$0.273
Jul ’24US$0.64
US$3.72
+480.7%
63.2%US$7.00US$1.65US$0.383
Jun ’24US$0.70
US$3.72
+431.0%
63.2%US$7.00US$1.65US$0.333
May ’24US$0.65
US$4.42
+579.5%
41.9%US$7.00US$2.75US$0.473
Apr ’24US$0.88
US$4.42
+403.4%
41.9%US$7.00US$2.75US$0.413
Mar ’24US$1.32
US$4.83
+266.2%
32.0%US$7.00US$3.50US$0.153
Feb ’24US$1.24
US$4.83
+289.8%
32.0%US$7.00US$3.50US$0.173
Jan ’24US$1.20
US$4.83
+302.8%
32.0%US$7.00US$3.50US$0.183
Dec ’23US$1.74
US$4.83
+177.8%
32.0%US$7.00US$3.50US$0.293

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 22:27
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

KULR Technology Group, Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael LeggBenchmark Company
Theodore O'NeillLitchfield Hills Research, LLC
Lisa ThompsonZacks Small-Cap Research