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home / news releases / SBEU - ChargePoint: Switch Out Of This Expensive SPAC

SBEU - ChargePoint: Switch Out Of This Expensive SPAC

ETFS Diversified-Factor Developed Europe Index Fund
  • ChargePoint is still working to go public via a business combination with the Switchback Energy SPAC.
  • The charging station network sector is already crowded with up to $20 billion worth of stock hitting the public markets.
  • The stock is expensive based on 5.5x FY27 sales targets and 32x aggressive EBITDA targets.

For further details see:

ChargePoint: Switch Out Of This Expensive SPAC
Stock Information
Company Name: ETFS Diversified-Factor Developed Europe Index Fund
Stock Symbol: SBEU
Market: NYSE
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