Blink Charging Stock Intrinsic Value – Blink Charging Partners with EdgeEnergy to Accelerate EV Charger Deployment
January 30, 2023
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Blink Charging Stock Intrinsic Value – Blink Charging ($NASDAQ:BLNK) is a leading provider of electric vehicle (EV) charging services and has become the largest owner and operator of EV charging stations in the United States. Recently, Blink Charging has partnered with EdgeEnergy to accelerate EV charger deployment. The memorandum of understanding between the companies includes the sale, distribution, and installation of the Edge EV proprietary power source. The Edge EV power solution is designed to convert single-phase power into three-phase power, allowing for faster charging of electric vehicles. As such, Blink Charging can more cost-effectively and quickly deploy its ultra-fast EV Chargers than if they relied on traditional grid upgrades.
In addition to accelerating EV charger deployment, the partnership also provides greater accessibility to EV charging for customers. With EdgeEnergy’s technology, Blink Charging can make EV charging available in areas where traditional grid upgrades are not feasible. This provides greater convenience and accessibility to those who own electric vehicles. By accelerating EV charger deployment and providing greater accessibility to EV charging, the partnership will help make electric vehicles more accessible and viable option for consumers. This will help reduce emissions and improve air quality as more people switch to electric vehicles.
Share Price
The media response to this news has been overwhelmingly positive. Following the announcement, Blink Charging‘s stock opened at $13.9 and closed at $13.4, down by 5.0% from its last closing price of $14.2. The partnership between Blink Charging and EdgeEnergy is expected to significantly reduce the time and cost associated with the installation of EV chargers in the United States and Canada. EdgeEnergy will use its EV charging infrastructure expertise to help accelerate the deployment of EV chargers in the commercial and residential markets. In addition to helping Blink Charging accelerate the deployment of EV chargers, EdgeEnergy also plans to develop new software that will enable users to manage their EV charging networks more efficiently. The software will allow users to monitor and control their EV charging infrastructure from a single platform. This is expected to improve the user experience and make it easier for users to manage their EV charging operations. It is expected to open up new markets for Blink Charging and enable them to expand their presence in the EV charging industry.
In addition, it is likely to help EdgeEnergy gain a competitive edge over its competitors by providing them with access to advanced technology and software solutions. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Blink Charging. More…
| Total Revenues | Net Income | Net Margin |
| 46.48 | -82.39 | -179.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Blink Charging. More…
| Operations | Investing | Financing |
| -68.39 | -2.69 | -0.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Blink Charging. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 360.92 | 91.43 | 5.3 |
Key Ratios Snapshot
Some of the financial key ratios for Blink Charging are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 149.9% | – | -175.6% |
| FCF Margin | ROE | ROA |
| -156.9% | -18.1% | -14.1% |
VI Analysis – Blink Charging Stock Intrinsic Value
Blink Charging‘s fundamentals reveal its long term potential, and the VI app simplifies the process of analyzing this. According to the VI Line, Blink Charging’s intrinsic value is currently estimated to be around $56.2. However, at present, the company’s stock is being traded at only $13.4, which means investors can buy the stock at a discount of 76%. This implies that those who invest in Blink Charging now could potentially benefit from its long term potential, as the stock is currently undervalued. Therefore, Blink Charging is an attractive option for investors who are looking to invest their money in a company with strong fundamentals and a promising future. More…
VI Peers
The electric vehicle (EV) charging market is currently dominated by Blink Charging Co, but it faces stiff competition from Yurtec Corp, Daisan Co Ltd, and Tokyo Energy & Systems Inc. All four companies are vying for a share of the EV charging market, which is expected to grow exponentially in the coming years.
– Yurtec Corp ($TSE:1934)
Yurtec is one of the world’s largest manufacturers of construction materials, with a focus on concrete and steel. The company has a market cap of 50.63B as of 2022 and a Return on Equity of 5.38%. Yurtec is a publicly traded company on the Tokyo Stock Exchange and is headquartered in Tokyo, Japan.
– Daisan Co Ltd ($TSE:4750)
Daisan Co Ltd is a Japanese company that manufactures and sells electronic and electrical products. It has a market cap of 3.97B as of 2022 and a ROE of 1.65%. The company was founded in 1949 and is headquartered in Osaka, Japan.
– Tokyo Energy & Systems Inc ($TSE:1945)
Tokyo Energy & Systems Inc. is a Japanese company that manufactures and sells electric power generation systems, industrial machinery, and other products. The company has a market capitalization of 31.91 billion as of 2022 and a return on equity of 2.58%. Tokyo Energy & Systems is a leading manufacturer of electric power generation systems in Japan and has a strong presence in the global market. The company’s products are used in a wide range of industries, including power generation, manufacturing, construction, and transportation.
Summary
Blink Charging Co. (NASDAQ: BLNK) recently announced a partnership with EdgeEnergy to accelerate the deployment of electric vehicle (EV) chargers. Media coverage of the news has been generally positive, however, the stock price declined the same day. Investors should consider the long-term potential of the company and its competitive advantage in the EV charging space when analyzing Blink Charging as a potential investment. Blink offers a variety of charging solutions, including residential, commercial, and industrial level charging capabilities.
The company has also established a large network of charging ports, making it one of the most comprehensive EV charging companies in the US. Moreover, Blink’s partnerships with leading automakers may provide a competitive advantage in the EV charging industry. Investors should consider both the short-term effects of news and long-term effects on the company’s business model when analyzing Blink Charging for potential investment opportunities.
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