Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products primarily in Canada. More Details
Flawless balance sheet with limited growth.
Share Price & News
How has Ballard Power Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLDP is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: BLDP's weekly volatility (12%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BLDP underperformed the Canadian Electrical industry which returned 34.1% over the past year.
Return vs Market: BLDP underperformed the Canadian Market which returned 36.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ballard Power Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWho Has Been Selling Ballard Power Systems Inc. (TSE:BLDP) Shares?
4 months ago | Simply Wall StWhat Kind Of Investors Own Most Of Ballard Power Systems Inc. (TSE:BLDP)?
5 months ago | Simply Wall StHere's Why We're Not Too Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Situation
Is Ballard Power Systems undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BLDP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BLDP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BLDP is unprofitable, so we can't compare its PE Ratio to the North American Electrical industry average.
PE vs Market: BLDP is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BLDP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BLDP is overvalued based on its PB Ratio (3x) compared to the CA Electrical industry average (1.1x).
How is Ballard Power Systems forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLDP is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BLDP is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BLDP is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BLDP's revenue (37.3% per year) is forecast to grow faster than the Canadian market (6.5% per year).
High Growth Revenue: BLDP's revenue (37.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLDP is forecast to be unprofitable in 3 years.
How has Ballard Power Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLDP is currently unprofitable.
Growing Profit Margin: BLDP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BLDP is unprofitable, and losses have increased over the past 5 years at a rate of 27.7% per year.
Accelerating Growth: Unable to compare BLDP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BLDP is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-1.7%).
Return on Equity
High ROE: BLDP has a negative Return on Equity (-3.85%), as it is currently unprofitable.
How is Ballard Power Systems's financial position?
Financial Position Analysis
Short Term Liabilities: BLDP's short term assets ($1.4B) exceed its short term liabilities ($52.2M).
Long Term Liabilities: BLDP's short term assets ($1.4B) exceed its long term liabilities ($22.2M).
Debt to Equity History and Analysis
Debt Level: BLDP is debt free.
Reducing Debt: BLDP has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BLDP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: BLDP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 37.7% each year
What is Ballard Power Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLDP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLDP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BLDP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLDP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BLDP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Randy MacEwen (51 yo)
Mr. R. Randall MacEwen, also known as Randy, has been the Chief Executive Officer and President of Ballard Power Systems Inc. since October 6, 2014. Mr. MacEwen has extensive executive-level experience in ...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD1.51M) is below average for companies of similar size in the Canadian market ($USD3.14M).
Compensation vs Earnings: Randy's compensation has increased whilst the company is unprofitable.
Experienced Management: BLDP's management team is considered experienced (4 years average tenure).
Experienced Board: BLDP's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BLDP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.1%.
Ballard Power Systems Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Ballard Power Systems Inc.
- Ticker: BLDP
- Exchange: TSX
- Founded: 1979
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: CA$5.186b
- Shares outstanding: 297.55m
- Website: https://www.ballard.com
Number of Employees
- Ballard Power Systems Inc.
- 9000 Glenlyon Parkway
- British Columbia
- V5J 5J8
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products primarily in Canada. The company offers heavy duty modules, mari...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/12 22:36|
|End of Day Share Price||2021/05/12 00:00|
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 here.