Ballard Power Systems Stock Current Valuation
| BLDP Stock | USD 2.61 0.03 1.16% |
Valuation analysis of Ballard Power Systems helps investors to measure Ballard Power's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of 04/24/2024, Enterprise Value Over EBITDA is likely to grow to -2.35. In addition to that, Enterprise Value Multiple is likely to grow to -2.35. Fundamental drivers impacting Ballard Power's valuation include:
Price Book 0.887 | Enterprise Value 51.1 M | Enterprise Value Ebitda (1.19) | Price Sales 8.6858 | Enterprise Value Revenue 1.5025 |
Undervalued
Today
Please note that Ballard Power's price fluctuation is unstable at this time. Calculation of the real value of Ballard Power Systems is based on 3 months time horizon. Increasing Ballard Power's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Ballard Power Systems is useful when determining the fair value of the Ballard stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Ballard Power. Since Ballard Power is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ballard Stock. However, Ballard Power's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 2.61 | Real 3.36 | Target 6.04 | Hype 2.59 |
The real value of Ballard Stock, also known as its intrinsic value, is the underlying worth of Ballard Power Systems Company, which is reflected in its stock price. It is based on Ballard Power's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Ballard Power's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Ballard Power's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Ballard Power Systems helps investors to forecast how Ballard stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ballard Power more accurately as focusing exclusively on Ballard Power's fundamentals will not take into account other important factors: Ballard Power Systems Company Current Valuation Analysis
Ballard Power's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ballard Power Current Valuation | 51.12 M |
Most of Ballard Power's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ballard Power Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ballard Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Ballard Power is extremely important. It helps to project a fair market value of Ballard Stock properly, considering its historical fundamentals such as Current Valuation. Since Ballard Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ballard Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ballard Power's interrelated accounts and indicators.
Click cells to compare fundamentals
Ballard Current Valuation Historical Pattern
Today, most investors in Ballard Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ballard Power's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Ballard Power current valuation as a starting point in their analysis.
Ballard Power Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Ballard Power Systems has a Current Valuation of 51.12 M. This is 99.3% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 99.69% higher than that of the company.
Ballard Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ballard Power's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ballard Power could also be used in its relative valuation, which is a method of valuing Ballard Power by comparing valuation metrics of similar companies.Ballard Power is currently under evaluation in current valuation category among related companies.
Ballard Power Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ballard Power from analyzing Ballard Power's financial statements. These drivers represent accounts that assess Ballard Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ballard Power's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.7B | 5.8B | 3.7B | 1.4B | 1.1B | 753.2M | |
| Enterprise Value | 1.5B | 5.1B | 2.6B | 529.9M | 375.6M | 356.8M |
Ballard Fundamentals
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.0864 | ||||
| Profit Margin | (1.74) % | ||||
| Operating Margin | (1.57) % | ||||
| Current Valuation | 51.12 M | ||||
| Shares Outstanding | 299.04 M | ||||
| Shares Owned By Insiders | 15.56 % | ||||
| Shares Owned By Institutions | 31.94 % | ||||
| Number Of Shares Shorted | 23 M | ||||
| Price To Earning | (86.55) X | ||||
| Price To Book | 0.89 X | ||||
| Price To Sales | 8.69 X | ||||
| Revenue | 104.25 M | ||||
| Gross Profit | (13.1 M) | ||||
| EBITDA | (151.9 M) | ||||
| Net Income | (146.85 M) | ||||
| Cash And Equivalents | 957.43 M | ||||
| Cash Per Share | 3.21 X | ||||
| Total Debt | 17.81 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 14.44 X | ||||
| Book Value Per Share | 3.32 X | ||||
| Cash Flow From Operations | (106.49 M) | ||||
| Short Ratio | 7.73 X | ||||
| Earnings Per Share | (0.48) X | ||||
| Price To Earnings To Growth | (3,427) X | ||||
| Target Price | 4.5 | ||||
| Number Of Employees | 1.17 K | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 774.63 M | ||||
| Total Asset | 1.07 B | ||||
| Retained Earnings | (1.73 B) | ||||
| Working Capital | 794.15 M | ||||
| Current Asset | 87.57 M | ||||
| Current Liabilities | 30.19 M | ||||
| Net Asset | 1.07 B |
About Ballard Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ballard Power Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ballard Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ballard Power Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Ballard Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ballard Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ballard Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Ballard Stock
| 0.62 | BW | Babcock Wilcox Enter Financial Report 8th of May 2024 | PairCorr |
Moving against Ballard Stock
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| 0.54 | AME | Ametek Inc Financial Report 7th of May 2024 | PairCorr |
| 0.54 | CMI | Cummins Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Ballard Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballard Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ballard Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ballard Power Systems to buy it.
The correlation of Ballard Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ballard Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballard Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ballard Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Ballard Power Piotroski F Score and Ballard Power Altman Z Score analysis. Note that the Ballard Power Systems information on this page should be used as a complementary analysis to other Ballard Power's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Ballard Stock analysis
When running Ballard Power's price analysis, check to measure Ballard Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.
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Is Ballard Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ballard Power. If investors know Ballard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ballard Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.343 | Quarterly Revenue Growth 0.292 | Return On Assets (0.09) | Return On Equity (0.13) |
The market value of Ballard Power Systems is measured differently than its book value, which is the value of Ballard that is recorded on the company's balance sheet. Investors also form their own opinion of Ballard Power's value that differs from its market value or its book value, called intrinsic value, which is Ballard Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ballard Power's market value can be influenced by many factors that don't directly affect Ballard Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ballard Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballard Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballard Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.