ChargePoint Holdings, Inc. (CHPT) stock analysis
Close on Nov 11, 2026Market cap $335.90MP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak6 of 30 checks passed
ChargePoint passes 6 of the 30 checks behind our score; 16 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 1/6
- Growth
- 2/6
- Past performance
- 2/6
- Financial health
- 1/6
- Dividend
- 0/6
What stands out
P/S below the industry
ChargePoint's price-to-sales of 0.78 is below the Electronic and Other Electrical Equipment and Components, except Computer Equipment median of 1.10 (book value is negative, so we use sales).
Growing faster than the industry
Revenue grew 8.8% over the last twelve months; the Electronic and Other Electrical Equipment and Components, except Computer Equipment median is 1.6%.
Gross margin improving
Gross margin was 32.1% over the last twelve months, against 27.7% a year earlier.
Net margin above its 5-year average
Net margin was -40.6% over the last twelve months, against a 5-year average of -67.8%.
What to watch
Return on equity under 15%
Return on equity was -1015% over the last twelve months and averaged -152% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was -96.9%, below the 10% that usually covers the cost of capital.
Revenue growing under 10% a year
Revenue grew -4.2% a year over the last three fiscal years, short of the 10% we look for.
Interest not well covered
Operating income covers interest expense -16.0 times; we look for at least 5.
Valuation1/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/S below the industry
ChargePoint's price-to-sales of 0.78 is below the Electronic and Other Electrical Equipment and Components, except Computer Equipment median of 1.10 (book value is negative, so we use sales).
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth2/6
Revenue growing under 10% a year
Revenue grew -4.2% a year over the last three fiscal years, short of the 10% we look for.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 8.8% over the last twelve months; the Electronic and Other Electrical Equipment and Components, except Computer Equipment median is 1.6%.
Guidance issued
The latest outlook (third fiscal quarter ending October 31, 2026 revenue, Sep 2, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin improving
Gross margin was 32.1% over the last twelve months, against 27.7% a year earlier.
Past performance2/6
Return on equity under 15%
Return on equity was -1015% over the last twelve months and averaged -152% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was -96.9%, below the 10% that usually covers the cost of capital.
Return on equity below the industry
ChargePoint's return on equity of -1015% is below the Electronic and Other Electrical Equipment and Components, except Computer Equipment median of -31.2%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was -40.6% over the last twelve months, against a 5-year average of -67.8%.
Net margin above the industry
ChargePoint's net margin of -40.6% is above the Electronic and Other Electrical Equipment and Components, except Computer Equipment median of -64.6%.
Financial health1/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals -27.2% of total debt; we look for at least 20%.
Interest not well covered
Operating income covers interest expense -16.0 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 1.07 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is -4.31; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
ChargePoint has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for ChargePoint. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/B at month end
- Own 5-year median 3.6
- Electronic and Other Electrical Equipment and Components, except Computer Equipment median 1.8
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $8.77M
- Value traded per 1% price move
- $1.61M
Downside
High risk
- Typical loss in a bad month
- 29.4%
- Volatility (annualized)
- 107%
- Sharpe ratio, 1 year
- 0.22
- Beta to the S&P 500 (5Y)
- 2.07
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2019 to 2026
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.4% | -4.2% | +22.9% | – | |
| Gross profit | +24.8% | +13.5% | +30.7% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 36.5% | -277.4% | |
| Return on assets | – | – | -26.1% | |
| Current ratio | – | 1.92 | 1.20 | |
| Debt to equity | – | -0.06 | 12.25 | |
| Net debt to EBITDA | – | 1.00× | -0.65× | |
| Interest coverage | – | -37.2× | -8.8× | |
| Inventory turnover | – | – | 1.3× | |
| Capex to revenue | – | 7.8% | 1.0% | |
| Diluted shares | – | 1M | 23M |
Where the cash went
Fiscal 2022 to 2026, five years combined
ChargePoint generated $962.95M from operations and spent $70.64M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -53.5% | 0.49× | 10.65× | -277.4% |
| FY2025 | -66.4% | 0.42× | 4.30× | -119.1% |
| FY2024 | -90.3% | 0.46× | 3.20× | -134.1% |
| FY2023 | -73.7% | 0.48× | 2.15× | -76.5% |
| FY2022 | -54.9% | 0.42× | -16.49× | 380.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
- ProfitableNet income above zero-$220.20M
- Cash generatingOperating cash flow above zero-$62.84M
- Return on assets improvedROA up on the prior year-25.1% → -24.5%
- Earnings backed by cashOperating cash flow above net income-$62.84M vs -$220.20M
- Less leverageLong-term debt to assets fell33.1% → 28.8%
- Better liquidityCurrent ratio rose1.93 → 1.20
- No dilutionShare count did not rise22M → 23M
- Gross margin improvedGross margin up on the prior year24.14% → 30.54%
- More efficientAsset turnover rose0.38 → 0.46
See a number that looks wrong?