Ballard Power Systems Statistics

Total Valuation

BLDP has a market cap or net worth of $981.04 million. The enterprise value is $468.47 million.

Market Cap	981.04M
Enterprise Value	468.47M

Important Dates

The next confirmed earnings date is Tuesday, May 5, 2026, before market open.

Earnings Date	May 5, 2026
Ex-Dividend Date	n/a

Share Statistics

BLDP has 300.91 million shares outstanding. The number of shares has increased by 0.28% in one year.

Current Share Class	300.91M
Shares Outstanding	300.91M
Shares Change (YoY)	+0.28%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.11%
Owned by Institutions (%)	34.13%
Float	300.59M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	9.87
Forward PS	8.60
PB Ratio	1.66
P/TBV Ratio	1.66
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	4.71
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 9.86, with a Debt / Equity ratio of 0.04.

Current Ratio	9.86
Quick Ratio	9.11
Debt / Equity	0.04
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-42.27

Financial Efficiency

Return on equity (ROE) is -14.40% and return on invested capital (ROIC) is -7.69%.

Return on Equity (ROE)	-14.40%
Return on Assets (ROA)	-6.89%
Return on Invested Capital (ROIC)	-7.69%
Return on Capital Employed (ROCE)	-12.96%
Weighted Average Cost of Capital (WACC)	12.58%
Revenue Per Employee	$201,972
Profits Per Employee	-$184,785
Employee Count	492
Asset Turnover	0.14
Inventory Turnover	1.87

Taxes

In the past 12 months, BLDP has paid $51,000 in taxes.

Income Tax	51,000
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +154.10% in the last 52 weeks. The beta is 1.54, so BLDP's price volatility has been higher than the market average.

Beta (5Y)	1.54
52-Week Price Change	+154.10%
50-Day Moving Average	2.51
200-Day Moving Average	2.58
Relative Strength Index (RSI)	57.53
Average Volume (20 Days)	3,340,467

Short Selling Information

The latest short interest is 20.73 million, so 6.89% of the outstanding shares have been sold short.

Short Interest	20.73M
Short Previous Month	20.57M
Short % of Shares Out	6.89%
Short % of Float	6.90%
Short Ratio (days to cover)	5.35

Income Statement

In the last 12 months, BLDP had revenue of $99.37 million and -$90.91 million in losses. Loss per share was -$0.30.

Revenue	99.37M
Gross Profit	5.46M
Operating Income	-80.52M
Pretax Income	-90.86M
Net Income	-90.91M
EBITDA	-80.35M
EBIT	-80.52M
Loss Per Share	-$0.30

Full Income Statement

Balance Sheet

The company has $531.25 million in cash and $22.14 million in debt, giving a net cash position of $509.11 million or $1.69 per share.

Cash & Cash Equivalents	531.25M
Total Debt	22.14M
Net Cash	509.11M
Net Cash Per Share	$1.69
Equity (Book Value)	589.93M
Book Value Per Share	1.96
Working Capital	540.44M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$56.17 million and capital expenditures -$9.84 million, giving a free cash flow of -$66.01 million.

Operating Cash Flow	-56.17M
Capital Expenditures	-9.84M
Depreciation & Amortization	171,000
Net Borrowing	-3.04M
Free Cash Flow	-66.01M
FCF Per Share	-$0.22

Full Cash Flow Statement

Margins

Gross margin is 5.50%, with operating and profit margins of -81.03% and -91.49%.

Gross Margin	5.50%
Operating Margin	-81.03%
Pretax Margin	-91.44%
Profit Margin	-91.49%
EBITDA Margin	-80.85%
EBIT Margin	-81.03%
FCF Margin	n/a

Dividends & Yields

BLDP does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.28%
Shareholder Yield	-0.28%
Earnings Yield	-9.27%
FCF Yield	-6.73%

Analyst Forecast

The average price target for BLDP is $2.34, which is -24.52% lower than the current price. The consensus rating is "Hold".

Price Target	$2.34
Price Target Difference	-24.52%
Analyst Consensus	Hold
Analyst Count	6
Revenue Growth Forecast (5Y)	22.30%
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on June 3, 1998. It was a forward split with a ratio of 3:1.

Last Split Date	Jun 3, 1998
Split Type	Forward
Split Ratio	3:1

Scores

BLDP has an Altman Z-Score of 0.15 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.15
Piotroski F-Score	4