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Ebusco Holding N.V.
(EBUS)
Select Model
Select Model
Rating:44Neutral
Price Target:
€0.27
▲(4.62% Upside)
Action:Reiterated
Date:08/21/26
The score is primarily weighed down by weak financial performance—ongoing losses, elevated leverage from an eroded equity base, and consistently negative free cash flow—indicating significant execution and funding risk. Technical indicators are mostly neutral with a negative MACD and the price below key longer-term moving averages, offering limited support. Valuation provides little offset because the company is loss-making and there is no dividend yield data.
Positive Factors
Electric Bus and Charging Portfolio
The portfolio addresses the structural shift toward zero-emission public transport. Combining buses with charging integration and lifecycle support can broaden tender eligibility and create service opportunities beyond initial vehicle deliveries.
Negative Factors
Very High Leverage
A thin equity cushion and high leverage materially reduce financial flexibility. Continued losses could increase refinancing needs, constrain investment in production, and heighten vulnerability to execution setbacks or weaker contract economics.
Read all positive and negative factors
Positive Factors
Negative Factors
Electric Bus and Charging Portfolio
The portfolio addresses the structural shift toward zero-emission public transport. Combining buses with charging integration and lifecycle support can broaden tender eligibility and create service opportunities beyond initial vehicle deliveries.
Read all positive factors
Ebusco Holding N.V. (EBUS) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€61.63M
Dividend YieldN/A
Average Volume (3M)1.36M
Price to Earnings (P/E)―
Beta (1Y)1.60
Revenue GrowthN/A
EPS GrowthN/A
CountryNL
Employees282
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Manufacturers
Share Statistics
EPS (TTM)-0.24
Shares Outstanding246,022,170
10 Day Avg. Volume1,520,879
30 Day Avg. Volume1,359,121
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)14.23
Price to Sales (P/S)0.61
P/FCF Ratio-1.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.61
Revenue Forecast (FY)€274.45M
Ebusco Holding N.V. Business Overview & Revenue Model
Company Description
Ebusco Holding N.V., together with its subsidiaries, engages in the development, manufacture, and distribution of zero emission buses and charging systems. It also provides ancillary services to electric vehicle ecosystem; and manufactures and sup...
How the Company Makes Money
Ebusco makes money primarily by selling battery-electric buses to public transport operators and procurement authorities. Revenue is typically recognized under customer contracts tied to vehicle deliveries and agreed milestones (depending on contr...
Ebusco Holding N.V. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 70.42M | 76.59M | 10.66M | 102.44M | 111.62M | 24.27M |
| Gross Profit | -4.42M | -26.22M | -34.60M | -6.85M | 15.63M | 1.22M |
| EBITDA | -38.14M | -56.43M | -128.65M | -95.51M | -35.95M | -36.72M |
| Net Income | -49.73M | -70.98M | -200.63M | -119.16M | -31.72M | -26.39M |
Balance Sheet | ||||||
| Total Assets | 116.72M | 155.43M | 180.06M | 319.83M | 320.62M | 332.71M |
| Cash, Cash Equivalents and Short-Term Investments | 2.15M | 7.44M | 2.40M | 27.92M | 95.21M | 207.92M |
| Total Debt | 38.73M | 32.07M | 47.32M | 51.07M | 8.25M | 9.06M |
| Total Liabilities | 131.47M | 152.13M | 152.56M | 141.53M | 47.16M | 28.77M |
| Stockholders Equity | -14.75M | 3.29M | 27.50M | 179.82M | 274.00M | 304.01M |
Cash Flow | ||||||
| Free Cash Flow | -8.34M | -28.82M | -58.44M | -120.92M | -106.05M | -24.32M |
| Operating Cash Flow | -7.52M | -27.93M | -43.17M | -103.80M | -99.06M | -19.39M |
| Investing Cash Flow | -613.00K | -911.00K | -16.93M | -20.07M | -8.50M | -27.28M |
| Financing Cash Flow | 8.27M | 33.91M | 34.59M | 56.58M | -5.17M | 227.73M |
Ebusco Holding N.V. Peers Comparison
UnderperformOutperform
Sector (61)
NL:EBUS
Ebusco Holding N.V.
0.25
-0.09
-25.67%
NL:FERGR
Ferrari Group PLC
7.88
-0.32
-3.93%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.