Plug Power
Market Cap
US$11.7b
Last Updated
2021/05/10 23:37 UTC
Data Sources
Company Financials +
Executive Summary
Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe. More Details
Rewards
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with limited growth.
Similar Companies
Share Price & News
How has Plug Power's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLUG is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: PLUG's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-24.7%
PLUG
-0.9%
US Electrical
-1.2%
US Market
1 Year Return
365.5%
PLUG
83.8%
US Electrical
48.3%
US Market
Return vs Industry: PLUG exceeded the US Electrical industry which returned 83.8% over the past year.
Return vs Market: PLUG exceeded the US Market which returned 48.3% over the past year.
Shareholder returns
| PLUG | Industry | Market | |
|---|---|---|---|
| 7 Day | -24.7% | -0.9% | -1.2% |
| 30 Day | -37.9% | -2.2% | 0.2% |
| 90 Day | -70.3% | -5.2% | 1.6% |
| 1 Year | 365.5%365.5% | 87.2%83.8% | 50.8%48.3% |
| 3 Year | 816.2%816.2% | 75.2%66.2% | 62.0%51.9% |
| 5 Year | 1,008.6%1,008.6% | 95.9%81.7% | 126.9%101.7% |
Long-Term Price Volatility Vs. Market
How volatile is Plug Power's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall St
Are Investors Undervaluing Plug Power Inc. (NASDAQ:PLUG) By 37%?10 months ago | Simply Wall St
If You Had Bought Plug Power (NASDAQ:PLUG) Stock Three Years Ago, You Could Pocket A 328% Gain Today10 months ago | Simply Wall St
Is Plug Power Inc.'s (NASDAQ:PLUG) CEO Overpaid Relative To Its Peers?Valuation
Is Plug Power undervalued compared to its fair value and its price relative to the market?
6.1x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PLUG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PLUG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PLUG is unprofitable, so we can't compare its PE Ratio to the US Electrical industry average.
PE vs Market: PLUG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLUG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLUG is overvalued based on its PB Ratio (6.1x) compared to the US Electrical industry average (3.6x).
Future Growth
How is Plug Power forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
71.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLUG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PLUG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PLUG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PLUG's revenue (41.8% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: PLUG's revenue (41.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLUG's Return on Equity is forecast to be low in 3 years time (1.1%).
Past Performance
How has Plug Power performed over the past 5 years?
-27.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLUG is currently unprofitable.
Growing Profit Margin: PLUG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PLUG is unprofitable, and losses have increased over the past 5 years at a rate of 27.2% per year.
Accelerating Growth: Unable to compare PLUG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLUG is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-8.8%).
Return on Equity
High ROE: PLUG has a negative Return on Equity (-37.3%), as it is currently unprofitable.
Financial Health
How is Plug Power's financial position?
Financial Position Analysis
Short Term Liabilities: PLUG's short term assets ($1.6B) exceed its short term liabilities ($236.0M).
Long Term Liabilities: PLUG's short term assets ($1.6B) exceed its long term liabilities ($674.1M).
Debt to Equity History and Analysis
Debt Level: PLUG's debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: PLUG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
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: PLUG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PLUG has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 16.6% each year.
Dividend
What is Plug Power current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PLUG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLUG'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 PLUG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLUG'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 PLUG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Andy Marsh (64 yo)
13.08yrs
Tenure
US$3,695,570
Compensation
Mr. Andrew J. Marsh, also known as Andy, has been the Chief Executive Officer and President of Plug Power Inc. since April 8, 2008. Mr. Marsh Co-Founded Valere Power Inc. in 2001 and served as its Presiden...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD3.70M) is below average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Andy's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: PLUG's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: PLUG's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLUG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 89.1%.
Top Shareholders
Company Information
Plug Power Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Plug Power Inc.
- Ticker: PLUG
- Exchange: NasdaqCM
- Founded: 1997
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$11.727b
- Shares outstanding: 584.43m
- Website: https://www.plugpower.com
Number of Employees
Location
- Plug Power Inc.
- 968 Albany Shaker Road
- Latham
- New York
- 12110
- United States
Listings
Biography
Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/10 23:37 |
| End of Day Share Price | 2021/05/10 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.