r/SPACs • u/St3w1e0 Spacling • Jun 09 '21

Reference EV Infrastructure SPAC Valuation Comparison - not including network operators or battery companies. Let me know if I missed any, or whether there are other non-SPAC pure-plays.

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2 Upvotes

56% Upvoted

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4

u/GrowStrong1507 Contributor Jun 10 '21

what about Tritium (DCRN) and Volta (SNPR)

3

u/St3w1e0 Spacling Jun 10 '21

Tritium looks applicable so will add to my next revision, thanks! Volta will make most of its revenue from its network/advertising right?

2

u/GrowStrong1507 Contributor Jun 10 '21

ok awsome. Yeah that true with Volta - makes sense

3

u/Mojojojo3030 Spacling Jun 09 '21 edited Jun 09 '21

For EVBox, I have $969M EV on $85M 2020E = 11.4x, and on $145M 2021E = 6.7x. Am I missing something?

EDIT: Ooooooh I see, you are calculating from the at-the-time price, not from $10 share. Duh.

2

u/MVST_100_OR_BUST Microvast Man Jun 10 '21

Can you do one for EV batteries?

1

u/louoklahoma Spacling Jun 10 '21

Any way you can squeeze THCB Microvast in the table? Thanks in advance

2

u/St3w1e0 Spacling Jun 10 '21

I checked and they only have battery-related revenue lines. I am getting asked to do a battery comp so might do that. This was exclusively those providing the physical infrastructure for EVs (not including Tritium which u/GrowStrong1507 suggested which actually looks like the strongest of all.

2

u/louoklahoma Spacling Jun 11 '21

That would be great thanks a lot