PowerCell Sweden (PCELL) Stock Overview
Develops and produces fuel cells and fuel cell systems for automotive, marine, and stationary applications in Sweden and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
PCELL Community Fair Values
Create NarrativeSee what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
PowerCell Sweden AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 23.10 |
| 52 Week High | SEK 48.50 |
| 52 Week Low | SEK 11.00 |
| Beta | 1.26 |
| 1 Month Change | -21.59% |
| 3 Month Change | 22.68% |
| 1 Year Change | -5.33% |
| 3 Year Change | -70.60% |
| 5 Year Change | -90.01% |
| Change since IPO | 258.14% |
Recent News & Updates
Narrative Update • Jun 22
PCELL: Aviation Order And Earnings Quality Will Support Strong Future Upside
The analyst price target for PowerCell Sweden has been reaffirmed at SEK32.00, with only marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, as analysts refine their models rather than materially changing their view on the stock. What's in the News PowerCell Sweden secured a follow up aviation order worth approximately SEK 12 million, covering engineering services and fuel cell stack deliveries for next generation aviation fuel cell technology.Narrative Update • Jun 06
PCELL: Long Term Earnings Quality Will Support Strong Future Upside Potential
Analysts have kept their SEK 32.00 price target for PowerCell Sweden unchanged, making small adjustments to assumptions such as a slightly lower discount rate and a significantly higher future P/E. This reflects a view that the stock's valuation depends more on long-term profitability and earnings quality than on headline growth.Narrative Update • May 15
PCELL: EU Maritime Fuel Cell Project Will Drive Long Term Upside Potential
Analysts have trimmed their price target for PowerCell Sweden from SEK 33.00 to SEK 32.00, reflecting updated assumptions for the discount rate, revenue growth, profit margins, and future P/E multiples. What's in the News PowerCell Group joined the MiNaMi project, a €7 million EU funded initiative to develop Europe's first megawatt scale PEM fuel cell system for maritime use, targeting operation towards 80,000 hours and more than one million nautical miles at 12.5 knots (Key Developments).Narrative Update • Apr 26
PCELL: EU Maritime Fuel Cell Project Will Support Future Upside Potential
Analysts have lowered their price target on PowerCell Sweden from SEK 37.50 to SEK 33.00, citing revised assumptions for revenue growth, profit margin, discount rate and future P/E. What's in the News PowerCell Group has joined the MiNaMi project, a €7 million EU funded effort to develop what is described as Europe's first megawatt scale Proton Exchange Membrane fuel cell system for maritime use.Recent updates
Narrative Update • Jun 22
PCELL: Aviation Order And Earnings Quality Will Support Strong Future Upside
The analyst price target for PowerCell Sweden has been reaffirmed at SEK32.00, with only marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, as analysts refine their models rather than materially changing their view on the stock. What's in the News PowerCell Sweden secured a follow up aviation order worth approximately SEK 12 million, covering engineering services and fuel cell stack deliveries for next generation aviation fuel cell technology.Narrative Update • Jun 06
PCELL: Long Term Earnings Quality Will Support Strong Future Upside Potential
Analysts have kept their SEK 32.00 price target for PowerCell Sweden unchanged, making small adjustments to assumptions such as a slightly lower discount rate and a significantly higher future P/E. This reflects a view that the stock's valuation depends more on long-term profitability and earnings quality than on headline growth.Narrative Update • May 15
PCELL: EU Maritime Fuel Cell Project Will Drive Long Term Upside Potential
Analysts have trimmed their price target for PowerCell Sweden from SEK 33.00 to SEK 32.00, reflecting updated assumptions for the discount rate, revenue growth, profit margins, and future P/E multiples. What's in the News PowerCell Group joined the MiNaMi project, a €7 million EU funded initiative to develop Europe's first megawatt scale PEM fuel cell system for maritime use, targeting operation towards 80,000 hours and more than one million nautical miles at 12.5 knots (Key Developments).Narrative Update • Apr 26
PCELL: EU Maritime Fuel Cell Project Will Support Future Upside Potential
Analysts have lowered their price target on PowerCell Sweden from SEK 37.50 to SEK 33.00, citing revised assumptions for revenue growth, profit margin, discount rate and future P/E. What's in the News PowerCell Group has joined the MiNaMi project, a €7 million EU funded effort to develop what is described as Europe's first megawatt scale Proton Exchange Membrane fuel cell system for maritime use.Analysis Article • Apr 16
Is There Now An Opportunity In PowerCell Sweden AB (publ) (STO:PCELL)?
PowerCell Sweden AB (publ) ( STO:PCELL ), might not be a large cap stock, but it received a lot of attention from a...
Narrative Update • Apr 11
PCELL: Maritime Megawatt Projects Will Support Long-Term Upside Potential
Analysts have kept their PowerCell Sweden fair value estimate steady at SEK 38.5. They point to slightly adjusted assumptions around discount rates, revenue growth, profit margins and future P/E as the basis for the unchanged price target. What's in the News PowerCell joined the MiNaMi project, a €7 million EU funded effort to develop what is described as Europe's first megawatt scale PEM fuel cell system for maritime use, targeting operation towards 80,000 hours and more than one million nautical miles at 12.5 knots (Key Developments).Narrative Update • Mar 28
PCELL: Maritime Fuel Cell Projects Will Drive Long-Term Upside Potential
Analysts have reiterated their SEK 38.5 price target on PowerCell Sweden, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margin and forward P/E as the main factors supporting their unchanged view. What's in the News PowerCell joined the MiNaMi project, a €7m EU funded effort to develop what is described as Europe's first megawatt scale PEM fuel cell system for maritime use.Narrative Update • Mar 14
PCELL: Maritime Fuel Cell Projects Will Support Long-Term Upside Potential
Analysts have lowered their price target for PowerCell Sweden from SEK 50.0 to SEK 38.5, citing updated assumptions regarding the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News PowerCell joined the MiNaMi project, a €7m EU funded effort to develop a modular megawatt scale PEM fuel cell system for maritime use, with PowerCell's share of the project amounting to about €2.6m through the end of 2028 (Key Developments).
Narrative Update • Feb 27
PCELL: Shipping And Data Center Fuel Cell Projects Will Drive Repricing
Analysts are maintaining their fair value estimate for PowerCell Sweden at SEK34.00, with only slight adjustments to assumptions such as the discount rate, revenue growth, profit margin and future P/E, resulting in a broadly unchanged price target narrative. What's in the News PowerCell joined the €17 million EU funded GAMMA project to help decarbonize deep sea shipping, supplying a 1 MW class fuel cell system for a 60,000 DWT bulk carrier retrofit.Narrative Update • Feb 13
PCELL: Fuel Cell Shipping And Data Center Projects Will Drive Repricing
Analysts now set their price target for PowerCell Sweden at SEK 34.0, up from SEK 30.0. They cite updated assumptions for revenue growth of 21.67%, a profit margin of 6.98%, a discount rate of 7.36%, and a forward P/E of 49.55x. What's in the News PowerCell joined the €17m EU funded GAMMA project to help decarbonize deep sea shipping by supplying a 1 MW class fuel cell system for a 60,000 DWT bulk carrier that will test hydrogen based auxiliary power under real world conditions (Key Developments).Analysis Article • Feb 05
Some PowerCell Sweden AB (publ) (STO:PCELL) Shareholders Look For Exit As Shares Take 26% Pounding
To the annoyance of some shareholders, PowerCell Sweden AB (publ) ( STO:PCELL ) shares are down a considerable 26% in...Analysis Article • Dec 18
Risks Still Elevated At These Prices As PowerCell Sweden AB (publ) (STO:PCELL) Shares Dive 26%
The PowerCell Sweden AB (publ) ( STO:PCELL ) share price has softened a substantial 26% over the previous 30 days...Analysis Article • Oct 28
PowerCell Sweden AB (publ) (STO:PCELL) Looks Just Right With A 35% Price Jump
The PowerCell Sweden AB (publ) ( STO:PCELL ) share price has done very well over the last month, posting an excellent...Analysis Article • Jul 19
PowerCell Sweden AB (publ) (STO:PCELL) Stocks Shoot Up 32% But Its P/S Still Looks Reasonable
PowerCell Sweden AB (publ) ( STO:PCELL ) shareholders would be excited to see that the share price has had a great...Analysis Article • Apr 23
We Think Some Shareholders May Hesitate To Increase PowerCell Sweden AB (publ)'s (STO:PCELL) CEO Compensation
Key Insights PowerCell Sweden will host its Annual General Meeting on 29th of April Total pay for CEO Richard Berkling...
New Narrative • Apr 04
Accelerated Delivery And OEM Contracts Will Open Marine And Aviation
Faster delivery cycle accelerates revenue growth and cash flow, enhancing financial performance and market position.Analysis Article • Mar 21
The Price Is Right For PowerCell Sweden AB (publ) (STO:PCELL) Even After Diving 25%
PowerCell Sweden AB (publ) ( STO:PCELL ) shareholders that were waiting for something to happen have been dealt a blow...Analysis Article • Sep 25
Market Participants Recognise PowerCell Sweden AB (publ)'s (STO:PCELL) Revenues Pushing Shares 32% Higher
PowerCell Sweden AB (publ) ( STO:PCELL ) shares have had a really impressive month, gaining 32% after a shaky period...Analysis Article • Sep 17
Is PowerCell Sweden (STO:PCELL) In A Good Position To Deliver On Growth Plans?
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Analysis Article • Aug 08
PowerCell Sweden AB (publ)'s (STO:PCELL) Share Price Is Still Matching Investor Opinion Despite 25% Slump
PowerCell Sweden AB (publ) ( STO:PCELL ) shareholders won't be pleased to see that the share price has had a very rough...Analysis Article • May 28
What Is PowerCell Sweden AB (publ)'s (STO:PCELL) Share Price Doing?
While PowerCell Sweden AB (publ) ( STO:PCELL ) might not have the largest market cap around , it received a lot of...Analysis Article • May 28
Investors Appear Satisfied With PowerCell Sweden AB (publ)'s (STO:PCELL) Prospects As Shares Rocket 31%
PowerCell Sweden AB (publ) ( STO:PCELL ) shareholders are no doubt pleased to see that the share price has bounced 31...Analysis Article • Mar 19
Shareholders Should Be Pleased With PowerCell Sweden AB (publ)'s (STO:PCELL) Price
When close to half the companies in the Electrical industry in Sweden have price-to-sales ratios (or "P/S") below 1.2x...Analysis Article • Jan 27
Is PowerCell Sweden (STO:PCELL) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Dec 18
There's Reason For Concern Over PowerCell Sweden AB (publ)'s (STO:PCELL) Price
When close to half the companies in the Electrical industry in Sweden have price-to-sales ratios (or "P/S") below 1.7x...Shareholder Returns
| PCELL | SE Electrical | SE Market | |
|---|---|---|---|
| 7D | 1.7% | -1.3% | -0.9% |
| 1Y | -5.3% | -6.1% | 12.9% |
Return vs Industry: PCELL underperformed the Swedish Electrical industry which returned -3% over the past year.
Return vs Market: PCELL underperformed the Swedish Market which returned 15.7% over the past year.
Price Volatility
| PCELL volatility | |
|---|---|
| PCELL Average Weekly Movement | 12.6% |
| Electrical Industry Average Movement | 12.0% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in SE Market | 13.8% |
| 10% least volatile stocks in SE Market | 3.5% |
Stable Share Price: PCELL's share price has been volatile over the past 3 months compared to the Swedish market.
Volatility Over Time: PCELL's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 144 | Richard Berkling | powercellgroup.com |
PowerCell Sweden AB (publ) develops and produces fuel cells and fuel cell systems for automotive, marine, and stationary applications in Sweden and internationally. It offers hydrogen fuel cell for Aviation; off-road heavy duty hydrogen electric solutions; on-road power generation for on-road vehicles; and zero-emission power generation solutions. The company also provides hydrogen fuel cell technology for extracting power from e-fuels; renewable fuels, such as compressed and liquid hydrogen, renewable methanol, and renewable ammonia for fuel cells; and hydrogen fuel cell stacks.
PowerCell Sweden AB (publ) Fundamentals Summary
| PCELL fundamental statistics | |
|---|---|
| Market cap | SEK 1.37b |
| Earnings (TTM) | -SEK 53.60m |
| Revenue (TTM) | SEK 357.79m |
3.7x
P/S Ratio-25.0x
P/E RatioIs PCELL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PCELL income statement (TTM) | |
|---|---|
| Revenue | SEK 357.79m |
| Cost of Revenue | SEK 200.63m |
| Gross Profit | SEK 157.17m |
| Other Expenses | SEK 210.76m |
| Earnings | -SEK 53.60m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 16, 2026
| Earnings per share (EPS) | -0.93 |
| Gross Margin | 43.93% |
| Net Profit Margin | -14.98% |
| Debt/Equity Ratio | 0% |
How did PCELL perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/23 11:05 |
| End of Day Share Price | 2026/06/23 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PowerCell Sweden AB (publ) is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Carmichael | Berenberg |
| Mikkel Nyholt-Smedseng | Carnegie Investment Bank AB |
| Vivek Midha | Citigroup Inc |