Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
EQTEC plc licenses and sells its proprietary gasification technology that generates green energy from waste, biomass, and plastics primarily in Ireland, Spain, and the United Kingdom. The company's gasification technology produces energy from various feedstock, such as municipal, agricultural, and industrial waste. It also provides engineering, design, and other related services, as well as maintenance services for operating plants; and is involved in biomass waste-to-energy projects. The company was formerly known as REACT Energy plc and changed its name to EQTEC plc in February 2017. EQTEC plc was founded in 1997 and is based in Cork, Ireland.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E.
