T1 Energy Inc engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and intern…
$2.36+3.51%
报价 2026-11-06
市值
$706.8M
EV
$1.55B
PE (TTM)
–
预期 PE (FY2026)
–
52 周区间距高点 -80.4%
$2.12$12.04
筛选结果
pipeline · 2026-11-06Filter✗ 高增长✗ Cheap✗ GARP
does not hit growth, cheap, or GARP pool
爆发潜力
2026-11-07仅 EPS 线✗ 收入线✓ EPS 线
| 财年 | 收入倍数 | EPS | PE |
|---|---|---|---|
| FY+22027-12 | 1.4x | -0.56 → -0.07 | — |
| FY+32028-12 | 1.7x | -0.56 → 0.24（扭亏） | 9.6 |
毛利率 8% · TTM 收入 $997M · 基数 EPS -0.56（调整后）
分歧大低毛利一次性亏损已剔除
研究结论
L2 2026-05-22全文 ↓尚未生成 L3 估值，没有三情景目标价。去生成估值 →
基本面判断
›盈利指标失效
TTM PE/EV/EBITDA 均为负,Forward PE 无共识,仅 P/S 可用
›P/S 1.60x 含义
反映 G1 量产营收规模,但未计入 G2 CapEx 稀释与债务负担
›历史序列缺失
3y/5y PE/EV 数据不可得,无法进行自身纵向均值回归分析
接下来盯什么（9 项）
- G2_Austin Q4 FY26按期投产,FY27贡献1.5GW电池产出
- Section 232以MIP形式落地,国内ASP稳定$0.30/W以上
- 45X抵免FY26内完成首次$93M+货币化,OCF转正
- Trina服务费终止节省接近$100M上限,SG&A大幅瘦身
- 新增>2GW公用事业承购合同,商户销售占比升至30%
- AI数据中心PPA带来溢价订单,FY28 EBITDA接近$650M run-rate (b) 财务轨迹 (c) 估值方法
- EV/EBITDA: FY27E EBITDA $380M × 7.0x(垂直一体化美国本土制造溢价)= EV $2.66B,减净债务$0.36B = 股权$2.30B / 195M摊薄股 ≈ $11.8
- P/S: FY27E Revenue $1.85B × 2.0x(对标FSLR成长期倍数折让)= 市值$3.7B / 195M ≈ $19.0
- P/E: FY28E EPS ~$1.80 × 12x,贴现2年 @12% = $17.2 (d) 综合目标价区间: $14–$18,中值 $16
历史股价
加载中…
事件
0 条 · 随区间与图例筛选该区间内无事件。
同行对比
FMP 同行列表 · 2026-05-16| 公司 | 市值 | 今日 | 预期营收增速 | 毛利率 | PE | EV/EBITDA | P/FCF | 池 |
|---|---|---|---|---|---|---|---|---|
| TET1 Energy Inc | $706.8M | +3.5% | +32.5% | 19.6% | – | – | – | |
| SKYHSky Harbour Group Corporation | $839.2M | +2.9% | +71.3% | 37.4% | 17.7x | 165.6x | – | 高增长 |
| RGRSturm, Ruger & Company, Inc. | $797.8M | +0.9% | +5.8% | 20.7% | 48.6x | 21.1x | 28.9x | |
| BWMNBowman Consulting Group Ltd. | $745.4M | +0.2% | +21.0% | 46.5% | 101.4x | 31.3x | 62.5x | GARP |
| ADSEADS-TEC Energy PLC | $692.5M | +1.4% | – | -6.4% | – | – | – | |
| MATWMatthews International Corporation | $603.4M | -2.4% | -1.7% | 34% | 34.6x | 5.8x | – | |
| KEKimball Electronics, Inc. | $462.1M | -5.8% | +3.9% | 7.8% | 25.1x | 7.9x | 4.2x | Cheap |
| ASPNAspen Aerogels, Inc. | $407.5M | -4.9% | -28.4% | 2.7% | – | – | 8.1x | |
| LTBRLightbridge Corporation | $157.3M | +5.3% | – | 0% | – | – | – | |
| 同行中位数 | – | – | +4.8% | 14.2% | 34.6x | 21.1x | 18.5x |
研究全文
财务报表
| Metric | 2026-06-30 Q2 2026 | 2026-03-31 Q1 2026 | 2025-12-31 Q4 2025 | 2025-09-30 Q3 2025 | 2025-06-30 Q2 2025 | 2025-03-31 Q1 2025 | 2024-12-31 Q4 2024 | 2024-09-30 Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $250.1M | $177.6M | $358.6M | $210.5M | $132.8M | $53.5M | $2.9M | $0 |
| Gross Margin | 19.6% | 16.4% | -4.5% | 10% | 24.7% | 33.3% | -98.7% | 0% |
| Operating Margin | -9.1% | -12.7% | -23.8% | -19.7% | -22% | -44.2% | -1,025% | 0% |
| Net Income | $-43.5M | $-20.4M | $-189.1M | $-130.6M | $-31.9M | $-16.2M | $-367.1M | $-27.5M |
| Diluted EPS | -0.25 | -0.12 | -1 | -0.87 | -0.21 | -0.11 | -2.59 | -0.2 |
| Operating Cash Flow | $-30.1M | $-72.9M | $43M | $63.9M | $33.4M | $-44.8M | $-30.2M | $-28.4M |
研究材料
Filing 摘要