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ITM Power PLC
F:IJ8

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ITM Power PLC
F:IJ8
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Price: 0.7345 EUR -3.8% Market Closed
Market Cap: €453.5m

Gross Margin

-70%
Current
Improving
by 296.6%
vs 3-y average of -366.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-70%
=
Gross Profit
£-20m
/
Revenue
£28.5m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
-70%
=
Gross Profit
€-20m
/
Revenue
£28.5m

Peer Comparison

Country Company Market Cap Gross
Margin
UK
ITM Power PLC
LSE:ITM
397m GBP
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US
GE Vernova Inc
MIL:1GEV
191.9B EUR
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DE
Siemens Energy AG
XETRA:ENR
139.4B EUR
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JP
Mitsubishi Electric Corp
TSE:6503
12T JPY
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CN
Goldwind Science & Technology Co Ltd
XMUN:CXGH
40.7B EUR
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KR
Doosan Enerbility Co Ltd
KRX:034020
66.3T KRW
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US
Bloom Energy Corp
NYSE:BE
40.5B USD
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KR
Hyosung Heavy Industries Corp
KRX:298040
22.2T KRW
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CN
NARI Technology Co Ltd
SSE:600406
209.9B CNY
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KR
Hyundai Electric & Energy Systems Co Ltd
KRX:267260
36T KRW
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DK
Vestas Wind Systems A/S
CSE:VWS
154.1B DKK
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Market Distribution

Lower than 99% of companies in United Kingdom
Percentile
1st
Based on 3 001 companies
1st percentile
-70%
Low
-1 510% — 0.4%
Typical Range
0.4% — 0.7%
High
0.7% — 7 323.1%
Distribution Statistics
United Kingdom
Min -1 510%
30th Percentile 0.4%
Median 0.5%
70th Percentile 0.7%
Max 7 323.1%

ITM Power PLC
Glance View

ITM Power Plc engages in the business of hydrogen energy solutions. The firm provides solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. The firm has a range of product platforms based on Proton Exchange Membrane (PEM) technology. The firm's products include HGas1SP, HGas2SP and HGasXMW. HGas1SP is a smallest containerised PEM electrolyser system. The HGas1SP Plug Play product includes a single ITM Power PEM electrolyser stack to produce self-pressurised hydrogen gas. Its HGas2SP Plug Play product includes two ITM power PEM electrolyser stacks to produce self-pressurised hydrogen gas. The HgasXMW product is an electrolyser system built based on modules of three ITM power stacks. The company is suitable for hydrogen fuel stations of truck, train and marine, refinery hydrogen, decarbonising heat and grid balancing markets.

IJ8 Intrinsic Value
0.1784 EUR
Overvaluation 76%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
-70%
=
Gross Profit
£-20m
/
Revenue
£28.5m
What is ITM Power PLC's current Gross Margin?

The current Gross Margin for ITM Power PLC is -70%, which is above its 3-year median of -366.6%.

How has Gross Margin changed over time?

Over the last 3 years, ITM Power PLC’s Gross Margin has increased from -1 896.8% to -70%. During this period, it reached a low of -1 896.8% on Oct 31, 2022 and a high of -70% on Nov 1, 2025.

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