NAAS vs ADSE vs EVGO Stock Comparison

NaaS Technology, Ads-Tec Energy Public and EVgo Prices as of Oct 27, 2026 Peers: Industry group
EVGO EVgo Inc.
$1.18 -14.5% 1M -71.9% 1Y
Market cap
$371.13M
P/E
–
Revenue (TTM)
$402.95M
Div. yield
–
EV Charging Industrials

Head to Head

4 decided of 12

Ads-Tec Energy Public leads on 4 of the 12 questions below (Ads-Tec Energy Public 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNAASADSEEVGOLeader
Larger companyMarket capitalisation $151.59K $562.06M $371.13M ADSE
Cheaper on earningsLower P/E, profitable companies only — — -3.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months — — +30.7% –
More profitableNet margin, trailing twelve months — — -13.5% –
Better return on capitalReturn on invested capital — — -44.7% –
Less leveragedLower net debt / EBITDA — — -3.8x –
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months -34.9% -7.5% -71.9% ADSE
Better 5-year returnAnnualised price return, 5 years — -1.4%/yr -33.8%/yr ADSE
Less volatileAnnualised volatility, 1 year 69.9% 46.3% 66.4% ADSE
Higher overall scoreMean of the five percentile scores vs peers — — 43/100 –

Percentile Scorecard

NAASADSEEVGO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNAASADSEEVGO
Valuation – – 38 #38 of 61
Growth – – 49 #30 of 58
Profitability – – 52 #27 of 55
Financial Health 0 #71 of 71 6 #67 of 71 31 #49 of 71
Shareholder Returns – – –
Overall – – 43
  • NAAS ranked among 71 companies in Clean Energy Equipment
  • ADSE ranked among 71 companies in Clean Energy Equipment
  • EVGO ranked among 71 companies in Clean Energy Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNAASADSEEVGOSPY
1 month -30.7%-14.0%-14.5% -0.2%
3 months -32.3%-22.4%-27.6% +3.9%
6 months +3.2%-23.4%-44.6% +8.2%
Year to date -33.1%-26.7%-59.5% +12.9%
1 year -34.9%-7.5%-71.9% +12.3%
3 years -99.8%+41.6%-46.1% +87.4%
3 years, per year -86.8%+12.3%-18.6% +23.3%
5 years —-6.9%-87.2% +67.9%
5 years, per year —-1.4%-33.8% +10.9%

Risk

MeasureNAASADSEEVGOSPY
Volatility, 1Y 69.9%46.3%66.4% 12.7%
Downside volatility, 1Y 68.5%47.7%66.8% 12.7%
Beta vs S&P 500, 1Y 0.840.142.74 1.00
Return / volatility, 1Y -0.50-0.16-1.08 0.97
Max drawdown, 5Y -100.0%-80.6%-94.7% -25.4%
From 52-week high -43.9%-27.8%-71.9% -1.2%
52-week high $4.03$12.88$4.20 $779.14
52-week low $1.97$9.28$1.02 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNAASADSEEVGO
P/E now vs peer median —median 27.2x —median 27.2x -3.1xmedian 27.2x
P/S now vs peer median —median 2.4x —median 2.4x 0.9xmedian 2.4x
EV/EBITDA now vs peer median —median 18.4x —median 18.4x -12.0xmedian 18.4x
P/FCF now vs peer median —median 28.6x —median 28.6x -1.9xmedian 28.6x
P/B now vs peer median 0.0xmedian 1.7x 63.4xmedian 1.7x -18.1xmedian 1.7x
PEG now vs peer median —median 0.79 —median 0.79 -0.11median 0.79

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNAASADSEEVGO
Revenue – – $402.95M
Gross profit – – $77.85M
Operating income – – -$122.95M
Net income – – -$102.15M
Free cash flow – – -$193.34M
EPS (diluted) – – $-0.39
Cash & equivalents $11.38M $5.24M $121.82M
Total debt $158.09M $49.29M $297.25M
Shares (diluted) 35.27K 56.39M 140.36M
Enterprise value -$45.23M $479.75M $124.59M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNAASADSEEVGO
P/E – – -3.1x
P/FCF – – -1.9x
P/Operating cash flow – – -6.9x
P/S – – 0.9x
P/B 0.0x 63.4x -18.1x
P/Tangible book 0.0x 63.4x -7.4x
EV/EBITDA – – -12.0x
EV/EBIT – – -4.4x
EV/Revenue – – 1.4x
EV/FCF – – -2.8x
EV/Operating cash flow – – -10.2x
PEG (3Y EPS CAGR) – – -0.11

Growth

14 metrics
MetricNAASADSEEVGO
Revenue growth (1Y) – – 30.7%
Revenue CAGR (3Y) – – 52.5%
Gross profit growth (1Y) – – 97.8%
Gross profit CAGR (3Y) – – 295.0%
Operating income growth (1Y) – – 6.2%
Operating income CAGR (3Y) – – 8.2%
Net income growth (1Y) – – 7.2%
Net income CAGR (3Y) – – 9.7%
EPS growth (1Y) – – -7.2%
EPS CAGR (3Y) – – 27.8%
Operating cash flow growth (1Y) – – -1,816%
Operating cash flow CAGR (3Y) – – -7.5%
Free cash flow growth (1Y) – – -120.7%
Free cash flow CAGR (3Y) – – 10.6%

Profitability

14 metrics
MetricNAASADSEEVGO
Gross margin – – 19.3%
EBITDA margin – – -11.3%
Operating margin – – -30.5%
Pretax margin – – -31.8%
Net margin – – -13.5%
FCF margin – – -48.0%
Operating cash flow margin – – -13.3%
Return on equity – – -1,342%
Return on assets – – -13.0%
Return on invested capital – – -44.7%
Return on capital employed – – -15.0%
Asset turnover – – 0.4x
Cash conversion (OCF / net income) – – 0.5x
Stock comp / revenue – – 5.5%

Financial Health

11 metrics
MetricNAASADSEEVGO
Debt / assets 195.9% 52.9% 30.7%
Debt / equity -0.6x 5.6x -14.5x
Net debt / EBITDA – – -3.8x
Debt / FCF – – -1.5x
Liabilities / assets 404.2% 90.5% 102.1%
Equity / assets -304.2% 9.5% -2.1%
Interest coverage – – -7.8x
Current ratio 0.2x 0.9x 2.2x
Quick ratio -0.1x 0.2x 1.2x
Cash ratio 0.1x 0.1x 1.0x
Altman Z-score – – 0.38

Shareholder Returns

7 metrics
MetricNAASADSEEVGO
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNAASADSEEVGO
EPS, next fiscal year $-6.73FY2024 $-0.58FY2026 $-0.52FY2026
Revenue, next fiscal year $59.32MFY2026 $206.66MFY2026 $420.77MFY2026
Revenue growth, next FY +231.5%FY2026 +553.0%FY2026 +9.5%FY2026
Revenue growth, the year after – – +16.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNAASADSEEVGO
Held by institutions – 60.4% 32.1%
Institutions holding – 16 193
Change in shares held, QoQ – +3.3% +6.8%
Institutions buying – 5 101
Institutions selling – 2 41
Buyers to sellers – 2.50 2.46

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NAASADSEEVGO
NAAS 1.00 0.11 0.11
ADSE 0.11 1.00 0.07
EVGO 0.11 0.07 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, NAAS, ADSE and EVGO?

Ads-Tec Energy Public (ADSE) is the largest by market capitalisation: NaaS Technology (NAAS) $151.59K, Ads-Tec Energy Public (ADSE) $562.06M, EVgo (EVGO) $371.13M.

Which stock has performed better?

Over the past year Ads-Tec Energy Public (ADSE) returned the most: NaaS Technology (NAAS) -34.9%, Ads-Tec Energy Public (ADSE) -7.5%, EVgo (EVGO) -71.9%. Over five years, Ads-Tec Energy Public (ADSE) compounded fastest (Ads-Tec Energy Public (ADSE) -1.4%/yr, EVgo (EVGO) -33.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ads-Tec Energy Public (ADSE) has been the steadiest (NaaS Technology (NAAS) 69.9%, Ads-Tec Energy Public (ADSE) 46.3%, EVgo (EVGO) 66.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NAAS, ADSE and EVGO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ads-Tec Energy Public (ADSE) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.