Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the electric mobility and stationary power markets in North America and Europe.
Slightly overvalued with limited growth.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PLUG exceeded the US Electrical industry which returned 6.4% over the past year.
Return vs Market: PLUG exceeded the US Market which returned 6% over the past year.
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
2 weeks ago | Simply Wall StIs Plug Power Inc.'s (NASDAQ:PLUG) CEO Overpaid Relative To Its Peers?
1 month ago | Simply Wall StHow Many Plug Power Inc. (NASDAQ:PLUG) Shares Do Institutions Own?
1 month ago | Simply Wall StPlug Power Inc. (NASDAQ:PLUG) Just Released Its First-Quarter Earnings: Here's What Analysts Think
Is Plug Power undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PLUG ($9.5) is trading below our estimate of fair value ($13.09)
Significantly Below Fair Value: PLUG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PLUG is unprofitable, so we can't compare its PE Ratio to the 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 (26.7x) compared to the US Electrical industry average (2.4x).
How is Plug Power forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
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 (30.6% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: PLUG's revenue (30.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLUG is forecast to be unprofitable in 3 years.
How has Plug Power performed over the past 5 years?
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 -15.4% 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 (-14.4%).
Return on Equity
High ROE: PLUG has a negative Return on Equity (-83.76%), as it is currently unprofitable.
How is Plug Power's financial position?
Financial Position Analysis
Short Term Liabilities: PLUG's short term assets ($277.1M) exceed its short term liabilities ($151.6M).
Long Term Liabilities: PLUG's short term assets ($277.1M) do not cover its long term liabilities ($487.1M).
Debt to Equity History and Analysis
Debt Level: PLUG's debt to equity ratio (200.1%) is considered high.
Reducing Debt: PLUG had negative shareholder equity 5 years ago, but is now positive and has therefore 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.
Stable Cash Runway: PLUG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PLUG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andy Marsh (64yo)
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 ($USD5.83M).
Compensation vs Earnings: Andy's compensation has increased whilst the company is unprofitable.
|Senior VP & CFO||5.58yrs||US$1.73m||0.035% $1.0m|
|Senior VP & COO||6.75yrs||US$1.76m||0.022% $655.5k|
|Senior VP||15.83yrs||US$1.37m||0.0034% $99.8k|
|Vice President of Global Sales||5.5yrs||US$1.49m||0.026% $776.8k|
|Chief Accounting Officer & Corporate Controller||5.25yrs||no data||0.012% $347.0k|
|Director of Marketing Communications||no data||no data||no data|
|Vice President of Human Resources||0.50yr||no data||no data|
|Chief Strategy Officer||1.25yrs||no data||0.011% $330.9k|
|Executive Vice President of Service||1.5yrs||no data||no data|
Experienced Management: PLUG's management team is seasoned and experienced (5.5 years average tenure).
|Independent Director||2.08yrs||US$152.41k||0.015% $426.6k|
|Independent Chairman||23.08yrs||US$197.41k||0.28% $8.3m|
|Independent Director||17.33yrs||US$177.41k||0.13% $3.8m|
|Independent Director||16.5yrs||US$172.41k||0.076% $2.2m|
|Independent Director||7.25yrs||US$157.41k||0.069% $2.0m|
|Independent Director||6.75yrs||US$165.06k||0.061% $1.8m|
|Independent Director||3.33yrs||US$152.41k||0.038% $1.1m|
Experienced Board: PLUG's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 25.9%.
Plug Power Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Plug Power Inc.
- Ticker: PLUG
- Exchange: NasdaqCM
- Founded: 1997
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$2.936b
- Shares outstanding: 309.02m
- Website: https://www.plugpower.com
Number of Employees
- Plug Power Inc.
- 968 Albany Shaker Road
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLUG||NasdaqCM (Nasdaq Capital Market)||Yes||Common Shares||US||USD||Oct 1999|
|PLUN||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 1999|
|PLUN||XTRA (XETRA Trading Platform)||Yes||Common Shares||DE||EUR||Oct 1999|
|PLUG||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Oct 1999|
|0R1J||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Oct 1999|
|PLUG||WBAG (Wiener Boerse AG)||Yes||Common Shares||AT||EUR||Oct 1999|
|PLUN||ETLX (Eurotlx)||Yes||Common Shares||IT||EUR||Oct 1999|
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 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 and GenSure fuel cells, 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; and ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans. The company offers its products to retail-distribution and manufacturing businesses 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/08 23:53|
|End of Day Share Price||2020/07/08 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.