T1 Energy (TE) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

T1 Energy

NYSE•Industrials•Electrical Equipment & Parts

$4.35+0.25(0.06%)Market open

Market Cap

$1.20B

P/S

1.2x

P/B

6.0x

T1 Energy Inc. provides energy solutions for solar modules and cells in the United States, Norway and internationally. It manufactures and sells photovoltaic solar modules. The company was formerly known as FREYR Battery, Inc. and changed its name to T1 Energy Inc. in February 2025. T1 Energy Inc. is headquartered in Austin, Texas.

How this company scores

AverageMetricSide Score: 43/100

Strongest: Growth (20/25); weakest: Cash & Earnings Quality (7/25).

Profitability8/25

Growth20/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality7/25

Strengths

Growing revenueConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 1.2x5y range 0.9x – 130.2x

Currently near its 7-quarter median.

P/B · 6.0x5y range 0.3x – 6.6x

Currently above its 11-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $1.20B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $985.66M
Q. Revenue: $250.13M
TTM EBITDA: $-127.21M
TTM Op. Income: $-227.03M
Q. Op. Income: $-22.78M
TTM Net Income: $-383.64M
Q. Net Income: $-43.54M
EPS: $-0.16
Shares Out.: $280.13M

$985.66M in TTM revenue grew 392.0% YoY, reaching $250.13M last quarter. TTM EBITDA of $-127.21M and TTM operating income of $-227.03M show growth is flowing through to the bottom line. However, net income is negative at $383.64M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 19.6%
EBITDA Margin: 0.9%
Op. Margin: -9.1%
Net Margin: -17.4%

Op. margin of -9.1% is up 12.9% YoY — cost efficiency is improving. Net margin at -17.4% and gross margin of 19.6% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.2x
P/B Ratio: 6.0x

P/S of 1.2x and P/B of 6.0x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.64B
Cash: $79.11M
Long-Term Debt: $500.35M
Book Value: $201.78M
D/E Ratio: 2.5
Debt/EBITDA: 223.9

With $1.64B in assets and $500.35M in long-term debt, D/E is 2.5and book value is $201.78M — elevated leverage, meaning significant financial risk in a downturn. Across the last 7 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-30.11M
TTM Free Cash Flow: $-184.81M
FCF Margin: -18.7%
FCF / Net Income: 0.5

TTM FCF of $-184.81M on $-30.11M in operating cash flow. The FCF / Net Income ratio of 0.5x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.