Energy Vault Holdings, Inc. (NYSE:NRGV) is a prominent player in the sustainable energy sector, specializing in grid-scale energy storage solutions. Based in Westlake Village, California, the company focuses on building and maintaining energy asset infrastructure. Despite its innovative approach, NRGV faces financial challenges, as reflected in its recent earnings report.
On March 17, 2025, NRGV reported an earnings per share (EPS) of -$0.43, which was significantly lower than the estimated EPS of -$0.14. This underperformance is consistent with the company's quarterly loss of $0.35 per share, which was wider than the Zacks Consensus Estimate of a $0.14 loss per share, as highlighted by Zacks. This marks a decline from the previous year's loss of $0.15 per share.
NRGV's actual revenue for the period was approximately $33.47 million, falling short of the estimated $42.51 million. Despite this, the company successfully fulfilled all customer project commitments in 2024, marking a pivotal year for its operations. The company advanced its 'own and operate' strategy, focusing on building and maintaining energy asset infrastructure.
The company's financial metrics reveal further insights into its current standing. NRGV has a negative price-to-earnings (P/E) ratio of approximately -1.22, indicating a lack of profitability. The price-to-sales ratio is about 3.75, suggesting that investors are willing to pay $3.75 for every dollar of sales. The enterprise value to sales ratio is approximately 3.18, providing insight into the company's valuation relative to its revenue.
NRGV's financial health is further highlighted by its enterprise value to operating cash flow ratio, which is notably high at around 62.35, indicating a premium valuation compared to its cash flow. The earnings yield is negative at approximately -0.82%, underscoring the lack of profitability. However, the company maintains a low debt-to-equity ratio of about 0.004, suggesting minimal reliance on debt financing. Additionally, the current ratio is approximately 1.26, indicating a reasonable level of liquidity to cover short-term liabilities.
