Ballard Power Systems Inc
TSX:BLDP

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Ballard Power Systems Inc
TSX:BLDP
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Price: 2.08 CAD 7.22% Market Closed
Market Cap: 623.6m CAD

Relative Value

The Relative Value of one BLDP stock under the Base Case scenario is 1.27 CAD. Compared to the current market price of 2.08 CAD, Ballard Power Systems Inc is Overvalued by 39%.

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
1.27 CAD
Overvaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
84
vs Industry
16
Median 3Y
12.9
Median 5Y
19.6
Industry
1.7
Forward
4.5
vs History
vs Industry
Median 3Y
-6.2
Median 5Y
-10.1
Industry
22
Forward
-3.8
vs History
vs Industry
Median 3Y
-10.2
Median 5Y
-13
Industry
14.7
vs History
vs Industry
Median 3Y
-7.1
Median 5Y
-10.7
Industry
20.5
vs History
87
vs Industry
81
Median 3Y
1.1
Median 5Y
1.5
Industry
2
vs History
vs Industry
68
Median 3Y
3.6
Median 5Y
9
Industry
1.8
Forward
-1
vs History
53
vs Industry
36
Median 3Y
-10.3
Median 5Y
9.5
Industry
7.2
vs History
9
vs Industry
67
Median 3Y
-2.2
Median 5Y
-7.1
Industry
14.3
Forward
0.9
vs History
9
vs Industry
62
Median 3Y
-2.1
Median 5Y
-6.4
Industry
17.9
Forward
0.8
vs History
11
vs Industry
65
Median 3Y
-3.2
Median 5Y
-6.4
Industry
14.3
vs History
9
vs Industry
50
Median 3Y
-2.2
Median 5Y
-5.3
Industry
17
vs History
vs Industry
88
Median 3Y
1
Median 5Y
2.8
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
623.7m CAD 6.5 -1.5 0.7 0.7
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1.1T CNY 3 20.2 17.6 17.6
FR
Schneider Electric SE
PAR:SU
127.7B EUR 3.3 29.9 16.3 20.1
IE
Eaton Corporation PLC
NYSE:ETN
129.5B USD 5.1 32.9 23.4 27.9
CH
Abb Ltd
SIX:ABBN
86.6B CHF 3.2 25.6 17.2 19.7
US
Emerson Electric Co
NYSE:EMR
69.3B USD 3.9 28.9 16.3 25.1
KR
LG Energy Solution Ltd
KRX:373220
68.1T KRW 2.6 -58.5 19.3 89.2
US
Vertiv Holdings Co
NYSE:VRT
44B USD 5.2 66 25.9 30.9
US
AMETEK Inc
NYSE:AME
41.2B USD 5.9 29.1 19.1 23.3
US
Rockwell Automation Inc
NYSE:ROK
36.5B USD 4.6 40.5 24.4 33.2
FR
Legrand SA
PAR:LR
28.5B EUR 3.3 24.5 15.4 19
P/E Multiple
Earnings Growth PEG
CA
Ballard Power Systems Inc
TSX:BLDP
Average P/E: 33.1
Negative Multiple: -1.5
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
20.2
23%
0.9
FR
Schneider Electric SE
PAR:SU
29.9
18%
1.7
IE
Eaton Corporation PLC
NYSE:ETN
32.9
16%
2.1
CH
Abb Ltd
SIX:ABBN
25.6
11%
2.3
US
Emerson Electric Co
NYSE:EMR
28.9
26%
1.1
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -58.5 N/A N/A
US
Vertiv Holdings Co
NYSE:VRT
66
61%
1.1
US
AMETEK Inc
NYSE:AME
29.1
11%
2.6
US
Rockwell Automation Inc
NYSE:ROK
40.5
16%
2.5
FR
Legrand SA
PAR:LR
24.5
11%
2.2