How does FHYD.F's PB Ratio compare to its peers?

FHYD.F has negative equity and a Price-To-Book Ratio (-6.9x) compared to the peer average (3.4x).

How does FHYD.F's PB Ratio compare vs other companies in the US Machinery Industry?

FHYD.F has negative equity and a Price-To-Book Ratio (-6.9x) compared to the US Machinery industry average (2.6x).

What is FHYD.F's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FHYD.F's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of FHYD.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate FHYD.F's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

First Hydrogen (OTCPK:FHYD.F) - Stock Price, News & Analysis

FHYD.F Stock Overview

Focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada. More details

FHYD.F fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Negative shareholders equity

Earnings have declined by 46.1% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Has less than 1 year of cash runway

+ 3 more risks

First Hydrogen Corp. Competitors

Kronos Advanced Technologies

OTCPK:KNOS

US$6.1m

Chicago Rivet & Machine

NYSEAM:CVR

US$18.2m

Quality Industrial

OTCPK:QIND

US$8.2m

Ilustrato Pictures International

OTCPK:ILUS

US$5.6m

Price History & Performance

Summary of all time highs, changes and price drops for First Hydrogen
Historical stock prices
Current Share Price	CA$0.24
52 Week High	CA$1.36
52 Week Low	CA$0.19
Beta	1.09
11 Month Change	-19.28%
3 Month Change	-17.93%
1 Year Change	-78.86%
33 Year Change	-81.93%
5 Year Change	n/a
Change since IPO	-20.02%

Recent updates

Shareholder Returns

	FHYD.F	US Machinery	US Market
7D	0.1%	5.5%	2.0%
1Y	-78.9%	38.2%	32.4%

Return vs Industry: FHYD.F underperformed the US Machinery industry which returned 37.9% over the past year.

Return vs Market: FHYD.F underperformed the US Market which returned 32.6% over the past year.

Price Volatility

Is FHYD.F's price volatile compared to industry and market?
FHYD.F volatility
FHYD.F Average Weekly Movement	10.1%
Machinery Industry Average Movement	5.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.9%
10% least volatile stocks in US Market	3.1%

Stable Share Price: FHYD.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FHYD.F's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Balraj Mann	www.firsthydrogen.com

First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems primarily in Canada. It designs and develops hydrogen-fuel-cell-powered vehicles. The company was formerly known as Pure Extraction Corp. and changed its name to First Hydrogen Corp. in October 2021.

First Hydrogen Corp. Fundamentals Summary

How do First Hydrogen's earnings and revenue compare to its market cap?
FHYD.F fundamental statistics
Market cap	US$18.02m
Earnings (TTM)	-US$6.89m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.5x

P/E Ratio

Is FHYD.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FHYD.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$9.70m
Earnings	-CA$9.70m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.13
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-73.9%

How did FHYD.F perform over the long term?

See historical performance and comparison

FHYD.F Stock Overview

Risk Analysis

First Hydrogen Corp. Competitors

OTCPK:KNOS

US$6.1m

NYSEAM:CVR

US$18.2m

OTCPK:QIND

US$8.2m

OTCPK:ILUS

US$5.6m

Price History & Performance

Recent News & Updates

First Hydrogen's Vehicle Trials Commence with Wales & West Utilities

First Hydrogen Corp. Announces Director Changes

First Hydrogen Corp. Announces New Electric Vehicle Availability Standard

First Hydrogen Corp. Launches FCEV Vehicle Program in North America

First Hydrogen Corp. Appoints Edward Low as Interim-CFO

First Hydrogen Corp., Annual General Meeting, Nov 14, 2023

Recent updates

First Hydrogen's Vehicle Trials Commence with Wales & West Utilities

First Hydrogen Corp. Announces Director Changes

First Hydrogen Corp. Announces New Electric Vehicle Availability Standard

First Hydrogen Corp. Launches FCEV Vehicle Program in North America

First Hydrogen Corp. Appoints Edward Low as Interim-CFO

First Hydrogen Corp., Annual General Meeting, Nov 14, 2023

First Hydrogen Corp. Announces Opening Up of Hydrogen's Hydrogen-Fuel-Cell Powered Parcel Vehicle Trials

First Hydrogen Corp. Reports Successful Completion of the First Two Trials of the Company's Hydrogen-Fuel-Cell Powered Vehicle

First Hydrogen Corp. Announces Resignation of Nicholas Wrigley from the Board of Directors

First Hydrogen Corp. Commences Trials with UK Utility SSE

First Hydrogen Corp. announced that it expects to receive CAD 5 million in funding

First Hydrogen Corp. Reveals Next Generation Zero Emission LCV

First Hydrogen Corp. Showcases Its Hydrogen Fuel Cell-Powered Light Commercial Vehicles

First Hydrogen Corp.'S First Hydrogen Vans Receive Road Certification

First Hydrogen Corp. Announces First Hydrogen Vehicles Complete Commissioning Trials and Increased Fleet Operator Interest

First Hydrogen Corp. Appoints Rob Campbell as CEO

First Hydrogen Corp. Appoints Afkenel Schipstra as Chief Operational Officer of First Hydrogen Limited

First Hydrogen Corp. Appoints Allan Rushforth as Chief Commercial Officer

First Hydrogen Corp. Appoints Manuel Tolosa as Head of Powertrain Engineering

First Hydrogen Corp., Annual General Meeting, Aug 16, 2022

First Hydrogen Corp. Announces First Hydrogen Vehicle Testing to Commence

First Hydrogen Corp. announced that it expects to receive CAD 5.999999 million in funding

First Hydrogen Corp. Announces the Appointment of Stephen Pendrey as Chief Engineer - Vehicle Program for its Automotive Division

First Hydrogen Corp. Appoints Peter Williams as A Non-Executive Director of First Hydrogen UK

First Hydrogen Corp. Appoints Peter Williams as A Non-Executive Director of First Hydrogen UK

First Hydrogen Corp. Announces its' Subsidiary First Hydrogen Limited Enters into a Research and Collaboration Agreement for an Initial 5- Year Period with the University of Cambridge

First Hydrogen Corp. Appoints Nicholas Wrigley as Chairman and Director of First Hydrogen UK Limited

Pure Extraction Corp. announced that it has received CAD 3 million in funding

Pure Extraction Corp. announced that it expects to receive CAD 3 million in funding

Pure Extraction Corp., Annual General Meeting, Dec 30, 2020