FREYR Battery Achieves Success in Equity Raise, Growing Order Book to 130GWh and Optimistic Investor Response
January 19, 2023
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Freyr Battery Intrinsic Value – FREYR ($NYSE:FREY) Battery is a leading producer of lithium-ion batteries and energy storage solutions. The company recently completed an equity raise, which was a great success despite the challenging market conditions. This enabled them to accumulate an impressive order book of over 130GWh for automotive mobility and energy storage applications. The response from investors has been extremely positive, with the stock price performing well since the equity raise. This shows that investors are confident in FREYR’s strategy and its potential for growth.
The successful equity raise also allowed FREYR to expand its global manufacturing footprint and further develop its cutting-edge technologies. The company is now in a strong position to capitalize on the growing demand for battery solutions, particularly in the automotive and energy storage sectors. This is thanks to their advanced products and large order book, which will help them to remain competitive in the market. The successful equity raise and optimistic investor response are testament to the strength of FREYR’s business model and strategy. With its strong order book, advanced technologies, and ambitious plans for global expansion, the company is well placed to capitalize on the growing demand for lithium-ion batteries and energy storage solutions.
Stock Price
It appears that the news so far surrounding FREYR Battery has been mostly positive. On Wednesday, the FREYR Battery stock opened at $10.7 and closed at $10.6, down by 0.5% from the previous closing price of 10.6. This is a sign that the stock remains relatively stable and is not experiencing drastic fluctuations in value.
This shows that the investors are optimistic about the future of FREYR Battery and are confident in their investment decision. Overall, it appears that the news surrounding FREYR Battery has been positive so far. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Freyr Battery. More…
| Total Revenues | Net Income | Net Margin |
| 0 | -152.12 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Freyr Battery. More…
| Operations | Investing | Financing |
| -100.49 | -99.9 | -1.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Freyr Battery. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 562.74 | 151.8 | 3.52 |
Key Ratios Snapshot
Some of the financial key ratios for Freyr Battery are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | -20.6% | -16.9% |
VI Analysis – Freyr Battery Intrinsic Value
FREYR BATTERY is a company that has a lot of potential for the long-term, and its fundamentals are reflected in this. To make it easier to analyze, VI app has made a simplified version. According to their calculations, the fair value of FREYR BATTERY share is $215.4 – much higher than the current market price of $10.6, meaning that the shares are undervalued by 95%. This could make it an attractive investment opportunity, as investors are likely to make a return when the company’s share price increases. Moreover, this is likely to happen as the company continues to deliver on its fundamentals and realize its potential. More…
VI Peers
The company has a strong competitive edge in the market due to its advanced technology, high quality products, and excellent customer service. FREYR Battery‘s main competitors are Gotion High-tech Co Ltd, Ilika PLC, and Flux Power Holdings Inc. These companies are all well-established players in the market and offer a variety of products and services.
– Gotion High-tech Co Ltd ($SZSE:002074)
Gotion High-tech Co Ltd is a publicly traded company with a market capitalization of 56.43 billion as of 2022. The company has a return on equity of 1.97%. Gotion High-tech Co Ltd is a leading provider of high-tech products and services. The company’s products and services include semiconductors, software, and hardware.
– Ilika PLC ($LSE:IKA)
Ilika PLC is a company that focuses on the development of sustainable energy solutions. The company has a market capitalization of 80.52 million as of 2022 and a return on equity of -15.25%. Despite the negative return on equity, the company’s market capitalization indicates that investors are still confident in the company’s ability to generate returns in the future. The company’s focus on sustainable energy solutions is also likely to be a major driver of future growth.
– Flux Power Holdings Inc ($NASDAQ:FLUX)
Flux Power Holdings Inc is a developer, manufacturer, and marketer of advanced batteries for industrial applications in the United States. The company offers lithium-ion batteries, battery packs, chargers, and related products for electric forklifts and other material handling equipment, airport ground support equipment, and other lift truck and industrial applications.
Summary
FREYR Battery has been met with a successful equity raise, growing their order book to 130GWh and garnering positive investor response. The investment climate for FREYR Battery is looking optimistic, as the company continues to expand its capabilities and production capacity. Investors are taking note of the potential for significant returns on their investments, as FREYR Battery offers a strong business model with a solid market position. This is an attractive opportunity for potential investors, as FREYR Battery is quickly becoming a leader in the energy storage industry.
