Ballard Power Systems (XSWX:BLDP) EV-to-EBIT: -5.43 (As of Jul. 12, 2026)


XSWX:BLDP Ballard Power Systems Inc XSWX:BLDP
74 GF Score
Price CHF2.51
GF Value CHF2.40
! 4 Warning Signs
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What is Ballard Power Systems EV-to-EBIT?

Ballard Power Systems XSWX:BLDP -3.74% 74 EV-to-EBIT is -5.43 as of Jul. 12, 2026. GuruFocus rates XSWX:BLDP with a GF Score™ of 74/100 and a GF Value™ of CHF2.40. The stock has 4 warning signs investors should review. Among 2,372 Industrial Products companies, Ballard Power Systems ranks worse than 42158.47% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ballard Power Systems's Enterprise Value is CHF344.68 Mil. Ballard Power Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-63.51 Mil. Therefore, Ballard Power Systems's EV-to-EBIT for today is -5.43.

The historical rank and industry rank for Ballard Power Systems's EV-to-EBIT or its related term are showing as below:

XSWX:BLDP' s EV-to-EBIT Range Over the Past 10 Years
Min: -245.96   Med: -15.86   Max: 1.04
Current: -5.54

During the past 13 years, the highest EV-to-EBIT of Ballard Power Systems was 1.04. The lowest was -245.96. And the median was -15.86.

XSWX:BLDP's EV-to-EBIT is ranked worse than
100% of 2372 companies
in the Industrial Products industry
Industry Median: 20.12 vs XSWX:BLDP: -5.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ballard Power Systems's Enterprise Value for the quarter that ended in Mar. 2026 was CHF179.21 Mil. Ballard Power Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-63.51 Mil. Ballard Power Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -35.44%.


Ballard Power Systems  (XSWX:BLDP) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ballard Power Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-63.514/179.2064
=-35.44 %

Ballard Power Systems's Enterprise Value for the quarter that ended in Mar. 2026 was CHF179.21 Mil.
Ballard Power Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-63.51 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.


Ballard Power Systems EV-to-EBIT Related Terms


Ballard Power Systems EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ballard Power Systems'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.

Ballard Power Systems EV-to-EBIT Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.82 -3.29 -2.51 0.25 -2.86

Ballard Power Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.17 -2.62 -2.86 -2.97

XSWX:BLDP vs VRT, BE: EV-to-EBIT Comparison

For the Electrical Equipment & Parts subindustry, Ballard Power Systems'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.


Ballard Power Systems EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's EV-to-EBIT falls into.


XSWX:BLDP
74GF Score
Ballard Power Systems Inc XSWX:BLDP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems EV-to-EBIT Calculation

Ballard Power Systems's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=344.676/-63.514
=-5.43

Ballard Power Systems's current Enterprise Value is CHF344.68 Mil.
Ballard Power Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-63.51 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -5.43 mean?
Ballard Power Systems (XSWX:BLDP) has a EV-to-EBIT of -5.43 as of Jul. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ballard Power Systems and its competitors. According to the industry distribution chart, Ballard Power Systems ranks #999999 out of 2372 companies in the Industrial Products industry.
Is Ballard Power Systems' EV-to-EBIT too high?
Ballard Power Systems' current EV-to-EBIT is -5.43. Based on the distribution chart, Ballard Power Systems ranks #999999 out of 2372 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ballard Power Systems has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' EV-to-EBIT compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #999999 out of 2372 companies for EV-to-EBIT. This places Ballard Power Systems in the lower half of its industry. The industry median EV-to-EBIT is 20.12. 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 20.12, based on 2,372 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 Ballard Power Systems and its competitors. For the Industrial Products industry, the median EV-to-EBIT is 20.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballard Power Systems's current EV-to-EBIT is -5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current EV-to-EBIT of -5.43. The stock's GF Value™ is CHF2.40, compared to a current price of CHF2.51 — trading 4.5% above its estimated fair value. The current EV-to-EBIT is -5.43. Ballard Power Systems' overall GF Score™ is 74/100 with 4 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 Ballard Power Systems (XSWX:BLDP), the current EV-to-EBIT is -5.43 as of Jul. 12, 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 Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued. The current stock price of CHF2.51 is trading 4.5% above its estimated GF Value™ of CHF2.40.

Key valuation signals for XSWX:BLDP:

  • EV-to-EBIT: -5.43
  • GF Value™: CHF2.40 vs. price of CHF2.51 (4.5% above fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the XSWX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ballard Power Systems Business Description

Address 9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
74GF Score

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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF2.51
Price
CHF2.40
GF Value