Ballard Power Systems Inc banner

Ballard Power Systems Inc
TSX:BLDP

Watchlist Manager
Ballard Power Systems Inc Logo
Ballard Power Systems Inc
TSX:BLDP
Watchlist
Price: 4.63 CAD 2.43%
Market Cap: CA$1.4B

EV/IC

3.5
Current
319%
More Expensive
vs 3-y average of 0.8

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.5
=
Enterprise Value
CA$324.8m
/
Invested Capital
$139.1m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.5
=
Enterprise Value
CA$324.8m
/
Invested Capital
$139.1m

Valuation Scenarios

Ballard Power Systems Inc is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.8), the stock would be worth CA$1.11 (76% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-76%
Maximum Upside
+61%
Average Downside
30%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 3.5 CA$4.63
0%
3-Year Average 0.8 CA$1.11
-76%
5-Year Average 1.7 CA$2.21
-52%
Industry Average 5.7 CA$7.47
+61%
Country Average 1.7 CA$2.21
-52%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
CA
Ballard Power Systems Inc
TSX:BLDP
1.4B CAD 3.5 -11
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 5.2 25.8
CH
Abb Ltd
SIX:ABBN
142.4B CHF 5.5 36.6
FR
Schneider Electric SE
PAR:SU
151B EUR 3.4 36.3
IE
Eaton Corporation PLC
NYSE:ETN
168B USD 4.8 40.6
US
Vertiv Holdings Co
NYSE:VRT
126.1B USD 14.2 81.3
US
Emerson Electric Co
NYSE:EMR
78.9B USD 2.2 33.6
KR
LG Energy Solution Ltd
KRX:373220
107.8T KRW 2 -100.4
JP
Fujikura Ltd
TSE:5803
9.6T JPY 15.4 66.8
US
AMETEK Inc
NYSE:AME
53.9B USD 4 35.7
FR
Legrand SA
PAR:LR
39.7B EUR 3.1 31.9
P/E Multiple
Earnings Growth PEG
CA
Ballard Power Systems Inc
TSX:BLDP
Average P/E: 43.2
Negative Multiple: -11
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
25.8
22%
1.2
CH
Abb Ltd
SIX:ABBN
36.6
13%
2.8
FR
Schneider Electric SE
PAR:SU
36.3
23%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
40.6
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
81.3
43%
1.9
US
Emerson Electric Co
NYSE:EMR
33.6
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -100.4 N/A N/A
JP
Fujikura Ltd
TSE:5803
66.8
44%
1.5
US
AMETEK Inc
NYSE:AME
35.7
14%
2.5
FR
Legrand SA
PAR:LR
31.9
14%
2.3

Market Distribution

In line with most companies in Canada
Percentile
69th
Based on 3 166 companies
69th percentile
3.5
Low
0 — 1
Typical Range
1 — 3.7
High
3.7 —
Distribution Statistics
Canada
Min 0
30th Percentile 1
Median 1.7
70th Percentile 3.7
Max 95 179.6

Ballard Power Systems Inc
Glance View

Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products for a variety of applications. The company is headquartered in Burnaby, British Columbia and currently employs 1,367 full-time employees. The firm is focused on the power product markets of Heavy-Duty Motive (consisting of bus, truck, rail and marine applications), Material Handling and Backup Power, as well as the delivery of Technology Solutions, including engineering services, technology transfer, and the license and sale of the Company’s intellectual property portfolio and fundamental knowledge for a variety of PEM fuel cell applications. The Company’s fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity.

BLDP Intrinsic Value
0.91 CAD
Overvaluation 80%
Intrinsic Value
Price CA$4.63
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett