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FREYR Battery Inc
NYSE:TE

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FREYR Battery Inc
NYSE:TE
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Price: 5.31 USD 0.38%
Market Cap: $1.5B

P/B

4.4
Current
337%
More Expensive
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.4
=
Market Cap
$1.1B
/
Total Equity
$321.9m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.4
=
Market Cap
$1.1B
/
Total Equity
$321.9m

Valuation Scenarios

FREYR Battery Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth $1.22 (77% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-77%
Maximum Upside
No Upside Scenarios
Average Downside
53%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.4 $5.31
0%
3-Year Average 1 $1.22
-77%
5-Year Average 1.2 $1.41
-73%
Industry Average 3.5 $4.26
-20%
Country Average 2.5 $3.04
-43%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
US
FREYR Battery Inc
NYSE:TE
1.4B USD 4.4 -3.7
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 5.9 25.3
FR
Schneider Electric SE
PAR:SU
154.7B EUR 6.3 36.6
CH
Abb Ltd
SIX:ABBN
140.9B CHF 12 35.9
IE
Eaton Corporation PLC
NYSE:ETN
161.7B USD 8.2 38.9
US
Vertiv Holdings Co
NYSE:VRT
123.8B USD 27.1 73.8
US
Emerson Electric Co
NYSE:EMR
79.5B USD 3.8 33.7
KR
LG Energy Solution Ltd
KRX:373220
108.6T KRW 5.5 -103.1
JP
Fujikura Ltd
TSE:5803
10.4T JPY 20.5 72.2
US
AMETEK Inc
NYSE:AME
53.4B USD 5 35.6
FR
Legrand SA
PAR:LR
39.4B EUR 5.3 31.1
P/E Multiple
Earnings Growth PEG
US
FREYR Battery Inc
NYSE:TE
Average P/E: 42.6
Negative Multiple: -3.7
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
25.3
22%
1.1
FR
Schneider Electric SE
PAR:SU
36.6
23%
1.6
CH
Abb Ltd
SIX:ABBN
35.9
13%
2.8
IE
Eaton Corporation PLC
NYSE:ETN
38.9
19%
2
US
Vertiv Holdings Co
NYSE:VRT
73.8
43%
1.7
US
Emerson Electric Co
NYSE:EMR
33.7
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -103.1 N/A N/A
JP
Fujikura Ltd
TSE:5803
72.2
44%
1.6
US
AMETEK Inc
NYSE:AME
35.6
14%
2.5
FR
Legrand SA
PAR:LR
31.1
14%
2.2

Market Distribution

In line with most companies in the United States of America
Percentile
68th
Based on 10 946 companies
68th percentile
4.4
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

FREYR Battery Inc
Glance View

FREYR Battery, Inc. provides industrial scale clean battery solutions. The company is headquartered in Newnan, Georgia and currently employs 263 full-time employees. The company went IPO on 2020-01-10. The firm seeks to serve its primary markets of energy storage systems (ESS) and commercial mobility, including marine applications and commercial vehicles. Its facilities are located at Mo i Rana industrial complex in Northern Norway. The company is engaged in the development of its first clean battery cell manufacturing project in the United States (Giga America), which is located on a 368-acre parcel of land in Coweta County, Georgia. The firm's products consist of ESS, eMobility, and Electric Vehicle (EV). Its industrialized 24M semi solid technology, allows the Company to offer cell for ESS applications while surpassing or matching industry standard in cycle life, DoD, RTE, and LCOS.

TE Intrinsic Value
6.92 USD
Undervaluation 23%
Intrinsic Value
Price $5.31
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