Added to YB: 2024-06-18
Pitch date: 2024-06-14
ITM.L [bullish]
ITM Power Plc
+27.4%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, rest of Europe, the United States, Australia, and internationally.
Market Cap
GBP 446.4M
Pitch Price
GBP 0.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.37
P/E
-9.81
EV/Sales
9.66
Sector
Electrical Equipment
Category
growth
Show full summary:
ITM Power Plc
ITM.L: Hydrogen play w/ GBP230M cash (GBP140M EV). Sales accelerating: GBP3M '20, GBP12M '23, GBP50M '24E. New CEO cut costs & grew rev. Risky but huge upside if H2 takes off for net zero. Trades down from GBP3B bubble high. 5yr runway to execute.
Read full article (2 min)