Ballard Power Systems Inc
TSX:BLDP

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Ballard Power Systems Inc
TSX:BLDP
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Price: 1.97 CAD 3.68% Market Closed
Market Cap: 590.7m CAD

Relative Value

The Relative Value of one BLDP stock under the Base Case scenario is 1.26 CAD. Compared to the current market price of 1.97 CAD, Ballard Power Systems Inc is Overvalued by 36%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BLDP Relative Value
Base Case
1.26 CAD
Overvaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
16
Median 3Y
14.4
Median 5Y
19.6
Industry
1.7
Forward
4.2
vs History
vs Industry
Median 3Y
-6.8
Median 5Y
-10.1
Industry
22.1
Forward
-3.5
vs History
vs Industry
Median 3Y
-10.4
Median 5Y
-13.1
Industry
14.6
vs History
vs Industry
Median 3Y
-7.4
Median 5Y
-10.9
Industry
19.6
vs History
88
vs Industry
81
Median 3Y
1.1
Median 5Y
1.5
Industry
2
vs History
vs Industry
68
Median 3Y
4.3
Median 5Y
9.7
Industry
1.7
Forward
-1.4
vs History
53
vs Industry
36
Median 3Y
-10.3
Median 5Y
10.1
Industry
7.2
vs History
7
vs Industry
67
Median 3Y
-2.3
Median 5Y
-7.3
Industry
14.7
Forward
1.2
vs History
7
vs Industry
62
Median 3Y
-2.1
Median 5Y
-6.6
Industry
18.1
Forward
1.1
vs History
7
vs Industry
65
Median 3Y
-3.2
Median 5Y
-6.4
Industry
14.1
vs History
7
vs Industry
50
Median 3Y
-2.3
Median 5Y
-5.4
Industry
16.6
vs History
vs Industry
88
Median 3Y
1.1
Median 5Y
2.9
Industry
1.6

Multiples Across Competitors

BLDP Competitors Multiples
Ballard Power Systems Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Ballard Power Systems Inc
TSX:BLDP
590.7m CAD 6 -1.4 0.9 0.9
JP
Iwasaki Electric Co Ltd
TSE:6924
229 397.7T JPY 4 057 838.9 1 158 574 483.4 55 463 669.8 77 108 483.4
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1.1T CNY 3.1 21.1 18.4 18.4
FR
Schneider Electric SE
PAR:SU
122.9B EUR 3.2 28.8 15.7 19.4
IE
Eaton Corporation PLC
NYSE:ETN
128.8B USD 5.1 32.7 23.3 27.7
CH
Abb Ltd
SIX:ABBN
87.3B CHF 3.2 25.3 17 19.5
US
Emerson Electric Co
NYSE:EMR
67.8B USD 3.9 28.3 16 24.6
KR
LG Energy Solution Ltd
KRX:373220
68T KRW 2.7 -66.7 21.9 138.1
US
AMETEK Inc
NYSE:AME
42.2B USD 6.1 29.8 19.6 23.8
US
Vertiv Holdings Co
NYSE:VRT
40.4B USD 4.8 60.6 23.9 28.5
US
Rockwell Automation Inc
NYSE:ROK
34.8B USD 4.4 38.6 23.3 31.8
P/E Multiple
Earnings Growth PEG
CA
Ballard Power Systems Inc
TSX:BLDP
Average P/E: 128 730 527.6
Negative Multiple: -1.4
N/A N/A
JP
Iwasaki Electric Co Ltd
TSE:6924
1 158 574 483.4
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
21.1
23%
0.9
FR
Schneider Electric SE
PAR:SU
28.8
18%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
32.7
16%
2
CH
Abb Ltd
SIX:ABBN
25.3
12%
2.1
US
Emerson Electric Co
NYSE:EMR
28.3
27%
1
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -66.7 N/A N/A
US
AMETEK Inc
NYSE:AME
29.8
11%
2.7
US
Vertiv Holdings Co
NYSE:VRT
60.6
61%
1
US
Rockwell Automation Inc
NYSE:ROK
38.6
16%
2.4