- This article is an analysis and valuation about EVgo, which is the largest pure-play publicly accessible fast charger service provider.
- Fast chargers are an essential part of accomplishing national wide adoption of electric vehicles. But I believe the current price does not reflect the potentials.
- The EV industry is composed of high demand from governments, consumers, and manufacturers, stimulating and promising significant growth, especially in the electric charger sector.
- This article will explain how the current share price is undervalued after going through the DCF method. This valuation will further clarify the asymmetric upside potential with positive yet limited risks.
- The risk in this investment is a few uncertainties on the operating and financing side because the company is young with a short performance history.
For further details see:
EVgo: This Stock Can Electrify Your Returns