ADS-TEC Energy (ADSE) AI Stock Analysis

• Market Cap: $559.37M
• Dividend Yield: N/A
• Average Volume (3M): 103.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: -69.30%
• EPS Growth: 9.90%
• Country: US
• Employees: 302
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): -0.29
• Shares Outstanding: 54,840,317
• 10 Day Avg. Volume: 87,249
• 30 Day Avg. Volume: 103,007
• PEG Ratio: -0.11
• Price to Book (P/B): -17.92
• Price to Sales (P/S): 6.97
• P/FCF Ratio: -43.38
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 16.96
• Enterprise Value/Gross Profit: -264.52
• Enterprise Value/Ebitda: -27.28
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $11.50 ▼(-7.70% Downside)

ADS-TEC Energy's stock score is primarily impacted by its financial performance challenges, including negative equity and cash flow issues. While technical analysis shows some positive momentum, valuation concerns due to negative earnings and lack of dividends weigh heavily on the overall score.

Positive Factors

Customer Base Expansion

A significant increase in the customer base indicates successful market expansion and potential for sustained revenue growth as the company solidifies its presence in key markets.

Large-Scale BESS Project Development

The large-scale battery energy storage system project enhances ADS-TEC's market position in renewable energy, supporting long-term growth and sustainability in energy infrastructure.

Positive Gross Profit and Adjusted EBITDA

Achieving positive gross profit and adjusted EBITDA marks a critical financial milestone, indicating improved operational efficiency and a stronger financial foundation for future growth.

Negative Factors

Negative Equity

Negative equity reflects financial instability, posing risks to long-term viability and limiting the company's ability to leverage financing for growth initiatives.

Cash Flow Challenges

Negative cash flows indicate inefficiencies in converting earnings into cash, potentially leading to liquidity issues that could hinder operational and strategic flexibility.

Modest Revenue Growth

Modest revenue growth amidst market uncertainties suggests challenges in scaling operations and capturing market share, potentially impacting long-term revenue prospects.

ADS-TEC Energy Business Overview & Revenue Model

Company Description

ADS-TEC Energy (ADSE) is a technology company focused on the development and provision of energy storage solutions and electric vehicle (EV) charging infrastructure. Operating primarily in the renewable energy sector, ADS-TEC Energy specializes in innovative battery systems and high-performance charging solutions designed to support the transition to sustainable energy. Their core products include modular energy storage systems and ultra-fast charging stations that cater to various markets, including transportation, commercial, and industrial applications.

How the Company Makes Money

ADS-TEC Energy generates revenue through multiple channels, primarily from the sale of its energy storage systems and EV charging solutions. The company capitalizes on the growing demand for renewable energy and electric vehicle infrastructure by offering products that enhance energy efficiency and facilitate EV adoption. Key revenue streams include direct sales of hardware, installation services, and ongoing maintenance contracts. Additionally, ADS-TEC has established strategic partnerships with automotive manufacturers and energy providers, which help expand its market reach and drive sales. The company's focus on innovation and the increasing emphasis on sustainability further contribute to its earnings potential.

ADS-TEC Energy Financial Statement Overview

Summary

ADS-TEC Energy shows revenue growth but struggles with profitability, negative equity, and cash flow issues, indicating significant financial instability.

Income Statement

ADS-TEC Energy has experienced significant revenue growth over recent years, particularly visible from 2022 to 2024. However, profitability remains a challenge, with consistently negative net income and EBIT margins. The company also struggles with negative gross profit margins in several periods, indicating inefficiencies in cost management or pricing strategies.

Balance Sheet

The company's financial health appears precarious, with negative stockholders' equity in recent years, reflecting a potential risk to financial stability. The debt-to-equity ratio is not calculable due to negative equity, but the equity ratio shows a concerning trend of increased liabilities over assets. These factors suggest significant leverage and financial risk.

Cash Flow

ADS-TEC Energy's cash flow situation highlights ongoing operational challenges, with consistently negative operating and free cash flows. The operating cash flow to net income ratio shows inefficiency in converting earnings into cash, indicating that the company might struggle with liquidity issues. However, there has been some improvement in reducing free cash flow deficits in recent periods.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	45.36M	110.01M	107.38M	26.43M	33.03M	47.37M
Gross Profit	-2.91M	19.43M	-2.89M	-4.47M	-2.27M	1.82M
EBITDA	-28.20M	-74.44M	-50.34M	-32.10M	-17.71M	-6.55M
Net Income	-67.56M	-97.96M	-55.08M	-18.91M	-87.64M	-10.28M
Balance Sheet
Total Assets	133.10M	145.23M	124.41M	139.44M	151.22M	45.33M
Cash, Cash Equivalents and Short-Term Investments	37.87M	22.86M	29.16M	34.44M	101.81M	18.00K
Total Debt	36.87M	16.81M	17.34M	3.48M	9.59M	2.91M
Total Liabilities	148.01M	188.04M	90.49M	58.70M	54.33M	53.92M
Stockholders Equity	-14.91M	-42.81M	33.95M	80.75M	96.89M	-8.59M
Cash Flow
Free Cash Flow	-43.50M	-17.69M	-30.58M	-68.88M	-23.89M	-19.21M
Operating Cash Flow	-42.24M	-16.29M	-20.66M	-57.80M	-18.30M	-12.58M
Investing Cash Flow	-1.59M	-1.30M	-9.92M	-10.87M	-5.58M	-6.62M
Financing Cash Flow	57.87M	10.60M	25.49M	-8.65M	125.95M	9.90M

ADS-TEC Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.46
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ADSE, the sentiment is Positive. The current price of 12.46 is above the 20-day moving average (MA) of 10.87, above the 50-day MA of 10.80, and above the 200-day MA of 11.94, indicating a bullish trend. The MACD of 0.51 indicates Negative momentum. The RSI at 69.43 is Neutral, neither overbought nor oversold. The STOCH value of 89.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ADSE.

ADS-TEC Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BE	61 Neutral	$24.83B	―	2.82%	―	44.53%	―
AMPX	51 Neutral	$1.42B	―	―	―	209.20%	4.24%
ENVX	48 Neutral	$1.57B	―	-68.95%	―	45.98%	44.14%
ADSE	48 Neutral	$559.37M	-7.32	―	―	-69.30%	9.90%
PLUG	46 Neutral	$2.94B	―	-95.42%	―	2.53%	-2.83%
EOSE	41 Neutral	$3.68B	―	―	―	324.10%	-214.91%

ADS-TEC Energy Corporate Events

ADS-TEC Energy Completes $27.9 Million Convertible Note Redemption

On November 19, 2025, ADS-TEC Energy completed the redemption of its Senior Secured Convertible Notes due 2028 by paying $27.9 million in cash, fully satisfying its obligations under the Notes. This strategic move extinguishes the Notes and releases all associated liens, positioning the company to potentially improve its financial flexibility and operational focus, although warrants from a previous agreement remain outstanding.

ADS-TEC Energy Announces Conditional Redemption of Convertible Notes

On October 21, 2025, ADS-TEC Energy announced a conditional notice of optional redemption for its Senior Secured Convertible Notes due 2028, with the redemption set to take effect on November 18, 2025. The redemption involves $26,207,978 in outstanding conversion amounts and is contingent upon maintaining a minimum liquidity of $5,000,000. This strategic move, funded by cash on hand and a revolving credit line, could impact the company’s financial flexibility and market positioning, although there is no assurance the redemption will be completed as planned.

ADS-TEC Energy Appoints New CFO Amid Leadership Change

On October 1, 2025, ADS-TEC Energy announced the resignation of Stefan Berndt-von Bülow as Chief Financial Officer, effective immediately, with no disagreements cited. Torsten Klee was appointed as the new CFO, bringing extensive experience from various roles in the energy and industrial sectors, which may strengthen the company’s leadership and strategic direction.

ADS-TEC Energy Announces AGM and Capital Reduction Plan

ADS-TEC Energy has announced its upcoming Annual General Meeting (AGM) scheduled for September 26, 2025, in Dublin, Ireland. The AGM will address several key proposals, including the re-election of directors, the re-appointment of auditors, and a significant capital reduction plan aimed at creating distributable reserves. This capital reduction, pending shareholder approval and confirmation by the Irish High Court, is intended to facilitate potential share repurchases or redemptions in the future, reflecting the company’s strategic financial management and commitment to enhancing shareholder value.