PLUG POWER INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.41 USD | +1.26% |
|
-6.23% | -46.44% |
| Apr. 15 | MOL Group Opens EUR22 Million Green Hydrogen Plant in Hungary | MT |
| Apr. 08 | North American Morning Briefing : Inflation Data, -2- | DJ |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 878 | 15,382 | 16,271 | 7,211 | 2,725 | 1,649 | - | - |
| Enterprise Value (EV) 1 | 961 | 14,330 | 13,005 | 6,723 | 3,203 | 2,304 | 3,191 | 3,574 |
| P/E ratio | -8.78 x | -21.5 x | -34.4 x | -9.9 x | -1.96 x | -2.38 x | -4.42 x | -9.75 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 3.81 x | -153 x | 32.4 x | 10.3 x | 3.06 x | 1.67 x | 1.08 x | 0.8 x |
| EV / Revenue | 4.17 x | -143 x | 25.9 x | 9.58 x | 3.59 x | 2.33 x | 2.08 x | 1.74 x |
| EV / EBITDA | 104 x | - | -38.5 x | -15 x | -3.95 x | -5 x | -39.3 x | 17.4 x |
| EV / FCF | -15.1 x | -80.1 x | -23.6 x | -5.2 x | -1.78 x | -4.35 x | -5.02 x | -8.56 x |
| FCF Yield | -6.63% | -1.25% | -4.24% | -19.2% | -56.3% | -23% | -19.9% | -11.7% |
| Price to Book | 7.12 x | 10.3 x | 3.42 x | 1.77 x | 0.92 x | 0.68 x | 0.69 x | 0.77 x |
| Nbr of stocks (in thousands) | 277,862 | 453,598 | 576,356 | 582,904 | 605,502 | 684,255 | - | - |
| Reference price 2 | 3.160 | 33.91 | 28.23 | 12.37 | 4.500 | 2.410 | 2.410 | 2.410 |
| Announcement Date | 3/5/20 | 2/25/21 | 3/1/22 | 3/1/23 | 2/29/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 230.2 | -100.5 | 502.3 | 701.4 | 891.3 | 989.7 | 1,532 | 2,058 |
| EBITDA 1 | 9.213 | - | -337.5 | -448.3 | -810 | -460.8 | -81.21 | 205.7 |
| EBIT 1 | -50.04 | -94.26 | -437.3 | -679.6 | -1,344 | -695.9 | -315.1 | -47.67 |
| Operating Margin | -21.73% | 93.82% | -87.06% | -96.88% | -150.73% | -70.32% | -20.57% | -2.32% |
| Earnings before Tax (EBT) 1 | -85.46 | -592.5 | -476.2 | -723.2 | -1,376 | -729.5 | -427 | -248 |
| Net income 1 | -85.52 | -561.7 | -460 | -724 | -1,369 | -719.3 | -394 | -248.5 |
| Net margin | -37.14% | 559.09% | -91.56% | -103.22% | -153.57% | -72.68% | -25.72% | -12.08% |
| EPS 2 | -0.3600 | -1.580 | -0.8200 | -1.250 | -2.300 | -1.011 | -0.5448 | -0.2472 |
| Free Cash Flow 1 | -63.74 | -178.8 | -551.4 | -1,292 | -1,803 | -529.1 | -635.6 | -417.4 |
| FCF margin | -27.68% | 178% | -109.77% | -184.26% | -202.25% | -53.46% | -41.49% | -20.28% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 3/5/20 | 2/25/21 | 3/1/22 | 3/1/23 | 2/29/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 143.9 | 161.9 | 140.8 | 151.3 | 188.6 | 220.7 | 210.3 | 260.2 | 198.7 | 222.2 | 165.4 | 208.8 | 275.9 | 347.5 | 265 |
| EBITDA 1 | -78.12 | -152.7 | -85.28 | -93.57 | -99.15 | -172.9 | -141.9 | -152.4 | -204.3 | -534.9 | -158.7 | -124.8 | -93.45 | -71.76 | -68.25 |
| EBIT 1 | -98.66 | -200.7 | -139.2 | -146.9 | -159.7 | -233.7 | -209.8 | -233.8 | -274 | -625.9 | -223.7 | -183.6 | -156.2 | -136.6 | -140.7 |
| Operating Margin | -68.55% | -123.99% | -98.83% | -97.12% | -84.69% | -105.89% | -99.77% | -89.88% | -137.87% | -281.74% | -135.26% | -87.89% | -56.6% | -39.32% | -53.1% |
| Earnings before Tax (EBT) 1 | -106.7 | -209.1 | -156.9 | -172.9 | -169.2 | -224.2 | -207.8 | -237.3 | -288.2 | -642.8 | -237.5 | -202.4 | -166.6 | -146.5 | -153.8 |
| Net income 1 | -106.7 | -192.9 | -156.5 | -173.3 | -170.8 | -223.5 | -206.6 | -236.4 | -283.5 | -642.4 | -228.3 | -196.7 | -163 | -141.2 | -139.4 |
| Net margin | -74.12% | -119.15% | -111.14% | -114.56% | -90.53% | -101.23% | -98.23% | -90.86% | -142.66% | -289.16% | -138.05% | -94.19% | -59.08% | -40.64% | -52.61% |
| EPS 2 | -0.1900 | -0.3300 | -0.2700 | -0.3000 | -0.3000 | -0.3800 | -0.3500 | -0.4000 | -0.4700 | -1.080 | -0.3382 | -0.2704 | -0.2249 | -0.1879 | -0.1698 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/9/21 | 3/1/22 | 5/9/22 | 8/9/22 | 11/8/22 | 3/1/23 | 5/9/23 | 8/9/23 | 11/9/23 | 2/29/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 82.9 | - | - | - | 478 | 655 | 1,542 | 1,925 |
| Net Cash position 1 | - | 1,051 | 3,266 | 488 | - | - | - | - |
| Leverage (Debt/EBITDA) | 9 x | - | - | - | -0.5903 x | -1.42 x | -18.99 x | 9.36 x |
| Free Cash Flow 1 | -63.7 | -179 | -551 | -1,292 | -1,803 | -529 | -636 | -417 |
| ROE (net income / shareholders' equity) | - | -6.22% | -15.1% | -16.7% | -27.8% | -23.4% | -14.9% | -12.3% |
| ROA (Net income/ Total Assets) | - | -3.87% | -11.2% | -12.4% | -17.6% | -10.4% | -5.01% | -2.03% |
| Assets 1 | - | 14,498 | 4,101 | 5,857 | 7,785 | 6,892 | 7,869 | 12,234 |
| Book Value Per Share 2 | 0.4400 | 3.290 | 8.250 | 7.000 | 4.870 | 3.540 | 3.500 | 3.130 |
| Cash Flow per Share 2 | - | -0.4400 | -0.6400 | -1.430 | -1.860 | -0.4100 | -0.2600 | 0.1900 |
| Capex 1 | 5.68 | 22.5 | 172 | 437 | 665 | 310 | 563 | 559 |
| Capex / Sales | 2.47% | -22.42% | 34.27% | 62.24% | 74.63% | 31.36% | 36.73% | 27.17% |
| Announcement Date | 3/5/20 | 2/25/21 | 3/1/22 | 3/1/23 | 2/29/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
30
Last Close Price
2.41
USD
Average target price
5.054
USD
Spread / Average Target
+109.71%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -46.44% | 1.65B | |
| -2.85% | 1.27B | |
| -22.46% | 856M | |
| -27.90% | 774M | |
| -5.12% | 343M | |
| -16.25% | 368M | |
| -9.27% | 173M | |
| -19.82% | 69.32M |
- Stock Market
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- Financials Plug Power Inc.
