ITM Power - World leading renewable energy specialist
​ITM Power is a renewable energy specialist which manufactures hydrogen energy systems for use in energy storage and the production of clean fuel. Its products are based on PEM (proton exchange membrane) electrolysis, a technology which enables excess electrical energy to be converted into “clean†hydrogen gas. It operates two divisions focused on markets which are experiencing rapid growth.
We see a potentially interesting opportunity to invest in ITM Power at the present time given that the company is seeing good momentum in growing the order book, is at the most technologically advanced stage in its history, combined with the fact that the shares are trading at an almost equivalent level to the all times lows seen at the market nadir in Q1 2009. Given the current valuation we believe that ITM Power shares offer a potentially good risk/reward opportunity and that at the current price the company may even stand out as a takeover target for a larger player in the industry.
ITM Power designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. Co.'s subsidiaries include: ITM Power (Research) Limited, which is engaged in the research and development of scientific and engineering projects; ITM Power (Trading) Limited, which develops and manufactures prototype products; ITM Energy Ltd, ITM Fuel Ltd, and Orkney Hydrogen Trading Ltd, which sell hydrogen; ITM Motive, is engaged in the production of drivetrains for use with hydrogen; and ITM Power GmbH, ITM Power Inc, and ITM Power ApS, which sell electrolysis equipment and hydrogen storage solutions.
Align Research is a commissioned research company founded in November 2015 in order to provide the under-served smaller company space with high quality analysis. We have an initial focus on the natural resources sector, in which we see significant opportunities given the current once in a generation bear market, however all undervalued small caps (sub £100m) are considered by our team. Align was founded by industry professionals with decades of experience in the stock markets, headed up by highly qualified individuals from both fund management and analytical backgrounds.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.