Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
FuelCell EnergyFCEL +1.13%60 EV-to-EBIT is -7.35 as of Jul. 27, 2026. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,373 Industrial Products companies, FuelCell Energy ranks worse than 42140.71% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
FuelCell Energy's Enterprise Value for the quarter that ended in Apr. 2026 was $681.6 Mil.
FuelCell Energy's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-214.1 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FuelCell Energy EV-to-EBIT Related Terms
FuelCell Energy EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for FuelCell Energy's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, FuelCell Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
FuelCell Energy EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FuelCell Energy's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where FuelCell Energy's EV-to-EBIT falls into.
FuelCell Energy's current Enterprise Value is $1,573.2 Mil.
FuelCell Energy's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-214.1 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FuelCell Energy (FCEL) has a EV-to-EBIT of -7.35 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FuelCell Energy and its competitors. According to the industry distribution chart, FuelCell Energy ranks #999999 out of 2373 companies in the Industrial Products industry.
Is FuelCell Energy's EV-to-EBIT too high?
FuelCell Energy's current EV-to-EBIT is -7.35. Based on the distribution chart, FuelCell Energy ranks #999999 out of 2373 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, FuelCell Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's EV-to-EBIT compare to PLPC and ENR?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #999999 out of 2373 companies for EV-to-EBIT. This places FuelCell Energy in the lower half of its industry. The industry median EV-to-EBIT is 19.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Industrial Products company?
The median EV-to-EBIT among Industrial Products companies is 19.05, based on 2,373 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FuelCell Energy and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 19.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FuelCell Energy's current EV-to-EBIT is -7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.38, compared to a current price of $21.49 — trading 191.2% above its estimated fair value. The current EV-to-EBIT is -7.35. FuelCell Energy's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For FuelCell Energy (FCEL), the current EV-to-EBIT is -7.35 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is FuelCell Energy (FCEL) Overvalued in 2026?
Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued.
The current stock price of $21.49 is trading 191.2% above its estimated GF Value™ of $7.38.
GuruFocus considers FuelCell Energy to be Significantly Overvalued.
Key valuation signals for FCEL:
EV-to-EBIT: -7.35
GF Value™: $7.38 vs. price of $21.49 (191.2% above fair value)
No single metric tells the full story. See the FCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
60GF Score
Get the complete analysis for FCEL
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FCEL has been successfully added to your 
