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Company Analysis

Ballard Power Systems, Inc. BLDP

A comprehensive view of key metrics, scores, and financial health for Ballard Power Systems, Inc.

Overview of Ballard Power Systems Inc.

BLDP NGM
Industrials Specialty Industrial Machinery Small Cap
Ballard Power Systems Inc. (BLDP), is a Small Cap company, in the Specialty Industrial Machinery industry, last closed at $2.39, about 0.0% overvalued vs fair value, +77.0% 1Y return, ranked 614/656 in sector.
$2.39
-1.24%
As of March 13, 2026
Previous close • Vol 90d: 60.6%
52-Week Range
Market Cap
$718.77M
Enterprise Value
$215.58M
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.ballard.com
HQ Burnaby, BC
Employees 887
Fiscal year Dec 31

Next Events

Earnings Mar 12 Call: Mar 12

Fair Value Snapshot

Bear Base Bull
$-1
$-1
$-1
Current: $2.39

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$69.7M
-31.9%%
Gross Profit
$-22.0M
-0.7%%
Operating Income
$-153.5M
3.6%%
Net Income
$-324.2M
-82.5%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
41.9%
Poor

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
-
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
2
Active Leaks
0/2
Improving
0
High Impact
2
Critical
Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Ballard Power Systems, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
15
/100
Weak
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Weak
5
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 88% Coverage
Trade-Off Triangle Visualization A ternary plot showing BLDP's balance between Growth (15.5%), Profitability (13.5%), and Safety (71.0%). Growth 16% Safety 71% Profitability 14%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

8th percentile vs peers
8
Key Signals
EPS Growth YoY -82.1% 17p Rev Growth YoY -31.9% 6p Revenue CAGR 3Y -12.6% 3p
Strengths
  • Current Ratio in top 20% of peers (9.25, 92th percentile)
  • Quick Ratio in top 20% of peers (8.50, 94th percentile)
  • Strong liquidity position vs peers
Risks
  • Growth in bottom 20% of peers (percentile: 8)
  • Eps Growth Yoy in bottom 20% of peers (-82.1%)
  • Rev Growth Yoy in bottom 20% of peers (-31.9%)

Profitability

7th percentile vs peers
7
Key Signals
Strengths
Risks
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Safety

38th percentile vs peers
39
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Ballard Power Systems, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$-1.30
- - -
- upside
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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