We’ve recently updated our valuation analysis.

EVgo Valuation

Is EVGO 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

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

EVGO 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/Revenue25.3x
Enterprise Value/EBITDA-14.4x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for EVGO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.1x
ALLG Allego
4.1x32.2%US$585.1m
ARKO Arko
0.1x5.3%US$903.5m
SAH Sonic Automotive
0.1x8.9%US$1.5b
CVNA Carvana
0.1x9.8%US$3.0b
EVGO EVgo
5.7x40.1%US$1.2b

Price-To-Sales vs Peers: EVGO is expensive based on its Price-To-Sales Ratio (5.7x) compared to the peer average (1.1x).


Price to Earnings Ratio vs Industry

How does EVGO's PE Ratio compare vs other companies in the US Specialty Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.0%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a14.0%
n/an/an/a
No more companies

Price-To-Sales vs Industry: EVGO is expensive based on its Price-To-Sales Ratio (5.7x) compared to the US Specialty Retail industry average (0.4x)


Price to Sales Ratio vs Fair Ratio

What is EVGO'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.

EVGO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.7x
Fair PS Ratio2.1x

Price-To-Sales vs Fair Ratio: EVGO is expensive based on its Price-To-Sales Ratio (5.7x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate EVGO's fair value 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 EVGO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$4.03
US$7.29
+80.9%
39.6%US$12.00US$1.00n/a11
May ’24US$5.68
US$8.47
+49.2%
28.0%US$14.00US$5.00n/a11
Apr ’24US$7.79
US$9.52
+22.2%
44.7%US$21.00US$5.00n/a12
Mar ’24US$5.84
US$9.85
+68.7%
45.0%US$21.00US$5.00n/a12
Feb ’24US$6.93
US$10.02
+44.5%
42.9%US$21.00US$5.00n/a13
Jan ’24US$4.47
US$10.32
+130.9%
40.1%US$21.00US$5.00n/a13
Dec ’23US$6.08
US$10.88
+79.0%
34.4%US$21.00US$7.00n/a13
Nov ’23US$7.35
US$11.88
+61.7%
31.4%US$21.00US$7.50n/a13
Oct ’23US$7.91
US$12.54
+58.6%
29.3%US$21.00US$7.50n/a12
Sep ’23US$9.11
US$12.46
+36.8%
29.5%US$21.00US$7.50n/a12
Aug ’23US$8.40
US$12.04
+43.4%
32.5%US$21.00US$5.50n/a12
Jul ’23US$5.63
US$13.09
+132.5%
27.9%US$21.00US$7.00n/a11
Jun ’23US$9.18
US$13.89
+51.3%
24.3%US$21.00US$9.00US$4.019
May ’23US$9.06
US$15.11
+66.8%
27.6%US$22.00US$9.00US$5.689
Apr ’23US$12.75
US$15.13
+18.6%
30.6%US$22.00US$9.00US$7.798
Mar ’23US$10.04
US$15.00
+49.4%
28.3%US$22.00US$9.00US$5.848
Feb ’23US$8.51
US$15.88
+86.5%
26.6%US$22.00US$9.00US$6.938
Jan ’23US$9.94
US$18.38
+84.9%
19.0%US$22.00US$11.00US$4.478
Dec ’22US$11.77
US$18.29
+55.4%
19.8%US$22.00US$11.00US$6.087
Nov ’22US$10.38
US$14.00
+34.9%
29.2%US$21.00US$10.00US$7.356
Oct ’22US$8.28
US$14.83
+79.1%
29.0%US$21.00US$10.00US$7.916
Sep ’22US$8.89
US$17.00
+91.2%
21.6%US$21.00US$11.00US$9.114
Aug ’22US$11.88
US$18.00
+51.5%
0%US$18.00US$18.00US$8.401

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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