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Plug Power

Nasdaq:PLUG
Snowflake Description

Exceptional growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PLUG
Nasdaq
$605M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • Plug Power has significant price volatility in the past 3 months.
PLUG Share Price and Events
7 Day Returns
12.7%
NasdaqCM:PLUG
-2.9%
US Electrical
-1.1%
US Market
1 Year Returns
31.2%
NasdaqCM:PLUG
2%
US Electrical
6.4%
US Market
PLUG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Plug Power (PLUG) 12.7% 37.8% 143.1% 31.2% 22.8% -64.1%
US Electrical -2.9% -3.5% 16.3% 2% 24.9% 6.1%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • PLUG outperformed the Electrical industry which returned 2% over the past year.
  • PLUG outperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
PLUG
Industry
5yr Volatility vs Market

Value

 Is Plug Power undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Plug Power. This is due to cash flow or dividend data being unavailable. The share price is $2.48.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Plug Power's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Plug Power's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:PLUG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.36
NasdaqCM:PLUG Share Price ** NasdaqCM (2019-03-22) in USD $2.48
United States of America Electrical Industry PE Ratio Median Figure of 30 Publicly-Listed Electrical Companies 15.53x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Plug Power.

NasdaqCM:PLUG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:PLUG Share Price ÷ EPS (both in USD)

= 2.48 ÷ -0.36

-6.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Plug Power is loss making, we can't compare its value to the US Electrical industry average.
  • Plug Power is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Plug Power's expected growth come at a high price?
Raw Data
NasdaqCM:PLUG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
51.6%per year
United States of America Electrical Industry PEG Ratio Median Figure of 19 Publicly-Listed Electrical Companies 1.5x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Plug Power, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Plug Power's assets?
Raw Data
NasdaqCM:PLUG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.01
NasdaqCM:PLUG Share Price * NasdaqCM (2019-03-22) in USD $2.48
United States of America Electrical Industry PB Ratio Median Figure of 63 Publicly-Listed Electrical Companies 1.76x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
NasdaqCM:PLUG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:PLUG Share Price ÷ Book Value per Share (both in USD)

= 2.48 ÷ 0.01

200.34x

* Primary Listing of Plug Power.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Plug Power is overvalued based on assets compared to the US Electrical industry average.
X
Value checks
We assess Plug Power's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Plug Power has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Plug Power expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
51.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Plug Power expected to grow at an attractive rate?
  • Plug Power's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Plug Power's earnings growth is expected to exceed the United States of America market average.
  • Plug Power's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:PLUG Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:PLUG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 51.6%
NasdaqCM:PLUG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 21.3%
United States of America Electrical Industry Earnings Growth Rate Market Cap Weighted Average 9.5%
United States of America Electrical Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:PLUG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:PLUG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 573 91 1
2022-12-31 483 63 1
2021-12-31 387 29 1
2020-12-31 305 -3 -52 5
2019-12-31 229 -35 -66 8
NasdaqCM:PLUG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 175 -58 -78
2018-09-30 179 -21 -81
2018-06-30 160 -47 -106
2018-03-31 147 -60 -126
2017-12-31 100 -60 -130
2017-09-30 102 -81 -130
2017-06-30 85 -72 -102
2017-03-31 86 -47 -73
2016-12-31 83 -30 -58
2016-09-30 92 -40 -64
2016-06-30 106 -39 -60
2016-03-31 109 -41 -56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Plug Power's earnings are expected to grow significantly at over 20% yearly.
  • Plug Power's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:PLUG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Plug Power Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PLUG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.35 0.35 0.35 1.00
2022-12-31 0.24 0.24 0.24 1.00
2021-12-31 0.11 0.11 0.11 1.00
2020-12-31 -0.18 -0.18 -0.18 2.00
2019-12-31 -0.30 -0.23 -0.37 5.00
NasdaqCM:PLUG Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.36
2018-09-30 -0.37
2018-06-30 -0.48
2018-03-31 -0.56
2017-12-31 -0.60
2017-09-30 -0.63
2017-06-30 -0.53
2017-03-31 -0.40
2016-12-31 -0.32
2016-09-30 -0.35
2016-06-30 -0.34
2016-03-31 -0.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Plug Power is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Plug Power's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Plug Power has a total score of 6/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Plug Power performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Plug Power's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Plug Power does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Plug Power's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Plug Power's 1-year growth to the US Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Plug Power's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Plug Power Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PLUG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 174.63 -78.17 38.20 33.91
2018-09-30 178.68 -80.76 37.63 34.11
2018-06-30 160.11 -106.19 38.51 33.15
2018-03-31 146.77 -125.96 44.17 31.34
2017-12-31 100.15 -130.18 45.01 28.69
2017-09-30 101.64 -129.96 45.39 26.20
2017-06-30 84.60 -102.38 44.49 23.77
2017-03-31 85.83 -72.89 35.14 22.35
2016-12-31 82.82 -57.59 34.29 21.18
2016-09-30 91.78 -63.58 34.50 19.52
2016-06-30 105.65 -60.40 34.06 18.65
2016-03-31 109.20 -56.50 33.51 16.88
2015-12-31 103.29 -55.80 34.16 14.95
2015-09-30 86.31 -37.75 33.54 12.63
2015-06-30 74.76 -36.89 30.89 10.14
2015-03-31 68.07 -23.81 28.90 8.12
2014-12-31 64.23 -88.64 26.60 6.47
2014-09-30 50.81 -110.39 18.29 5.07
2014-06-30 35.56 -116.96 15.49 4.20
2014-03-31 25.73 -130.12 12.70 3.62
2013-12-31 26.60 -62.79 14.60 3.12
2013-09-30 24.49 -42.34 12.87 3.69
2013-06-30 24.64 -36.71 13.17 4.20
2013-03-31 24.80 -33.86 13.52 4.96
2012-12-31 26.11 -31.86 14.58 5.43
2012-09-30 32.05 -30.56 14.29 6.10
2012-06-30 32.75 -26.52 14.37 6.29
2012-03-31 29.44 -26.79 14.69 5.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Plug Power has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Plug Power has efficiently used its assets last year compared to the US Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Plug Power improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Plug Power's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Plug Power has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Plug Power's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Plug Power's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Plug Power is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Plug Power's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Plug Power's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Plug Power Company Filings, last reported 2 months ago.

NasdaqCM:PLUG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 34.36 164.60 38.60
2018-09-30 15.11 82.37 13.83
2018-06-30 26.84 86.55 15.04
2018-03-31 50.20 146.78 46.75
2017-12-31 74.36 32.13 24.83
2017-09-30 87.46 85.93 7.96
2017-06-30 99.42 53.19 2.09
2017-03-31 69.64 56.08 11.77
2016-12-31 94.71 23.79 46.01
2016-09-30 94.77 53.49 42.49
2016-06-30 105.95 47.90 66.04
2016-03-31 117.18 23.96 66.88
2015-12-31 125.89 0.00 63.96
2015-09-30 149.80 11.15 85.01
2015-06-30 142.73 2.59 109.14
2015-03-31 150.21 2.87 131.54
2014-12-31 159.44 3.08 146.21
2014-09-30 165.00 3.28 156.46
2014-06-30 173.26 3.48 168.61
2014-03-31 48.35 3.67 63.23
2013-12-31 -15.50 3.80 5.03
2013-09-30 4.67 4.04 10.96
2013-06-30 9.42 4.22 7.41
2013-03-31 7.71 4.40 4.50
2012-12-31 15.03 5.34 9.38
2012-09-30 23.04 1.00 9.46
2012-06-30 32.77 0.00 15.85
2012-03-31 38.83 0.00 20.83
  • Plug Power's level of debt (479.1%) compared to net worth is high (greater than 40%).
  • Plug Power had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • Plug Power has less than a year of cash runway based on current free cash flow.
  • Plug Power has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.9% each year.
X
Financial health checks
We assess Plug Power's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Plug Power has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Plug Power's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Plug Power dividends.
If you bought $2,000 of Plug Power shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Plug Power's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Plug Power's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:PLUG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America Electrical Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:PLUG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Plug Power has not reported any payouts.
  • Unable to verify if Plug Power's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Plug Power's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Plug Power has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Plug Power's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Plug Power afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Plug Power has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Plug Power's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Andy Marsh
COMPENSATION $3,130,100
AGE 62
TENURE AS CEO 10.9 years
CEO Bio

Mr. Andrew J. Marsh, also known as Andy, has been the Chief Executive Officer and President of Plug Power Inc. since April 8, 2008. Mr. Marsh Co-Founded Valere Power Inc. in 2001 and served as its President and Chief Executive Officer until June 2007. He served for 18 years in various positions at Lucent Bell Laboratories and served as its Technical Director. He served as Chief Executive Officer of Eltek Valere Industrial GmbH from June 2007 to January 2008. He has 19 years of technical and Managerial experience in the communications power industry. He served as a Technical Director of Lucent Technologies Inc., where he Headed development activity for the Custom Power business unit. He has been a Director of Plug Power Inc. since April 8, 2008, Gevo, Inc. since February 12, 2015 and the Capital Region Center for Economic Growth. Mr. Marsh serves as a Director of Power Distribution Inc. He served as a Director of Valere Power Inc. Mr. Marsh has an MBA from Southern Methodist University, a Master of Science in Electrical Engineering from Duke University and a Bachelor of Science in Electrical Engineering Technology from Temple University where he is a Member of the 2017 Gallery of Success.

CEO Compensation
  • Andy's compensation has increased whilst company is loss making.
  • Andy's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Plug Power management team in years:

4.8
Average Tenure
53
Average Age
  • The tenure for the Plug Power management team is about average.
Management Team

George McNamee

TITLE
Co-Founder & Chairman
COMPENSATION
$404K
AGE
71

Andy Marsh

TITLE
President
COMPENSATION
$3M
AGE
62
TENURE
10.9 yrs

Paul Middleton

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
51
TENURE
4.3 yrs

Keith Schmid

TITLE
Senior VP & COO
COMPENSATION
$2M
AGE
55
TENURE
5.4 yrs

Gerard Conway

TITLE
Senior VP
COMPENSATION
$896K
AGE
53
TENURE
14.5 yrs

Jose Crespo

TITLE
Vice President of Global Sales
COMPENSATION
$1M
AGE
48
TENURE
4.2 yrs

Marty Hull

TITLE
Chief Accounting Officer & Corporate Controller
AGE
50
TENURE
3.9 yrs
Board of Directors Tenure

Average tenure and age of the Plug Power board of directors in years:

5.9
Average Tenure
59.5
Average Age
  • The tenure for the Plug Power board of directors is about average.
Board of Directors

George McNamee

TITLE
Co-Founder & Chairman
COMPENSATION
$404K
AGE
71
TENURE
21.8 yrs

Andy Marsh

TITLE
President
COMPENSATION
$3M
AGE
62
TENURE
10.9 yrs

Gary Willis

TITLE
Independent Director
COMPENSATION
$364K
AGE
73
TENURE
16 yrs

Greg Graves

TITLE
Director
COMPENSATION
$537K
AGE
57
TENURE
1.8 yrs

Maureen Helmer

TITLE
Independent Director
COMPENSATION
$344K
AGE
62
TENURE
15.2 yrs

Johannes Roth

TITLE
Independent Director
COMPENSATION
$334K
AGE
39
TENURE
5.9 yrs

Gregory Kenausis

TITLE
Director
COMPENSATION
$334K
AGE
49
TENURE
5.4 yrs

Luke Schneider

TITLE
Director
COMPENSATION
$532K
AGE
49
TENURE
2 yrs

Jonathan Silver

TITLE
Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Plug Power insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
18. Mar 19 Buy George McNamee Individual 18. Mar 19 18. Mar 19 100,000 $2.34 $233,840
15. Mar 19 Buy Andrew Marsh Individual 14. Mar 19 14. Mar 19 12,286 $2.44 $30,000
14. Sep 18 Sell Gregory Graves Individual 12. Sep 18 12. Sep 18 -31,343 $1.73 $-54,277
X
Management checks
We assess Plug Power's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Plug Power has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

When Can We Expect A Profit From Plug Power Inc. (NASDAQ:PLUG)?

Plug Power Inc.'s (NASDAQ:PLUG):. … Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. … View our latest analysis for Plug Power

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Does Plug Power Inc.'s (NASDAQ:PLUG) CEO Pay Compare Well With Peers?

Andy Marsh has been the CEO of Plug Power Inc. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Andy Marsh's Compensation Compare With Similar Sized Companies?

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What You Must Know About Plug Power Inc.'s (NASDAQ:PLUG) Beta Value

(NASDAQ:PLUG), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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Does Plug Power Inc's (NASDAQ:PLUG) CEO Pay Compare Well With Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Andy Marsh's Compensation Compare With Similar Sized Companies. … It would therefore appear that Plug Power Inc pays Andy Marsh more than the median CEO remuneration at companies of a similar size, in the same market

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Before You Buy Plug Power Inc's (NASDAQ:PLUG), Consider This

If you are looking to invest in Plug Power Inc’s (NASDAQ:PLUG), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … Generally, an investor should consider two types of risk that impact the market value of PLUG. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.

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Should You Buy Plug Power Inc (NASDAQ:PLUG)?

Plug Power Inc (NASDAQ:PLUG), a electrical company based in United States,. … saw a decent share price growth in the teens level on the NasdaqCM over the last few months. … With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price?

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Breakeven On The Horizon For Plug Power Inc (NASDAQ:PLUG)

Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. … Many investors are wondering the rate at which PLUG will turn a profit, with the big question being “when will the company breakeven?” … See our latest analysis for Plug Power

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Plug Power Inc (NASDAQ:PLUG): Should The Recent Earnings Drop Worry You?

NasdaqCM:PLUG Income Statement Jun 6th 18 We can further examine Plug Power's loss by looking at what the industry has been experiencing over the past few years. … This suggests that whatever uplift the industry is enjoying, Plug Power has not been able to realize the gains unlike its industry peers.What does this mean? … I recommend you continue to research Plug Power to get a better picture of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for PLUG’s future growth?

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Is Plug Power Inc's (NASDAQ:PLUG) Balance Sheet Strong Enough To Weather A Storm?

How does PLUG’s operating cash flow stack up against its debt? … With this rise in debt, PLUG currently has US$24.83M remaining in cash and short-term investments for investing into the business. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: PLUG’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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What Does Plug Power Inc's (NASDAQ:PLUG) Share Price Indicate?

Plug Power Inc (NASDAQ:PLUG), a electrical company based in United States, saw a decent share price growth in the teens level on the NasdaqCM over the last few months. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Plug Power, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

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Company Info

Description

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen storage and dispensing infrastructure. The company offers GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing maintenance and service program for GenDrive fuel cells, GenSure products, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, a turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFund, which offers financing solutions to customers. The company offers its products to distribution and manufacturing businesses, and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

Details
Name: Plug Power Inc.
PLUG
Exchange: NasdaqCM
Founded: 1997
$604,712,803
243,835,808
Website: http://www.plugpower.com
Address: Plug Power Inc.
968 Albany Shaker Road,
Latham,
New York, 12110,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM PLUG Common Shares Nasdaq Capital Market US USD 29. Oct 1999
DB PLUN Common Shares Deutsche Boerse AG DE EUR 29. Oct 1999
LSE 0R1J Common Shares London Stock Exchange GB USD 29. Oct 1999
WBAG PLUG Common Shares Wiener Boerse AG AT EUR 29. Oct 1999
Number of employees
Current staff
Staff numbers
575
Plug Power employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 23:41
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/13
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.