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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ballard Power Systems's enterprise value is CHF310.31 Mil.
Ballard Power Systems's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-60.22 Mil. Therefore, Ballard Power Systems's EV-to-EBITDA for today is -5.15.
The historical rank and industry rank for Ballard Power Systems's EV-to-EBITDA or its related term are showing as below:
XSWX:BLDP'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -1082.24 Med: -17.28 Max: 1061
Current: -5.25
During the past 13 years, the highest EV-to-EBITDA of Ballard Power Systems was 1061.00. The lowest was -1082.24. And the median was -17.28.
XSWX:BLDP's EV-to-EBITDA is ranked worse than 100% of 2474
companies
in the Industrial Products industry
Industry Median: 16.005
vs XSWX:BLDP: -5.25
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Ballard Power Systems (XSWX:BLDP) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ballard Power Systems's PE Ratio (TTM) for today is calculated as:
Ballard Power Systems's share price for today is CHF2.4545.
Ballard Power Systems's Earnings per Share (Diluted) 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-0.216.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
Ballard Power Systems EV-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ballard Power Systems's EV-to-EBITDA 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, Ballard Power Systems's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems's EV-to-EBITDA falls into.
Ballard Power Systems's current Enterprise Value is CHF310.31 Mil.
Ballard Power Systems's EBITDA 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-60.22 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 (XSWX:BLDP) has a EV-to-EBITDA of -5.15 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ballard Power Systems. According to the industry distribution chart, Ballard Power Systems ranks #999999 out of 2474 companies in the Industrial Products industry.
Is Ballard Power Systems' EV-to-EBITDA too high?
Ballard Power Systems' current EV-to-EBITDA is -5.15. Based on the distribution chart, Ballard Power Systems ranks #999999 out of 2474 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ballard Power Systems has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' EV-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #999999 out of 2474 companies for EV-to-EBITDA. This places Ballard Power Systems in the lower half of its industry. The industry median EV-to-EBITDA is 16.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 16.01, based on 2,474 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ballard Power Systems. For the Industrial Products industry, the median EV-to-EBITDA is 16.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballard Power Systems's current EV-to-EBITDA is -5.15. 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-EBITDA of -5.15. The stock's GF Value™ is CHF2.46, compared to a current price of CHF2.45 — trading 0.2% below its estimated fair value. The current EV-to-EBITDA is -5.15. Ballard Power Systems' overall GF Score™ is 75/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current EV-to-EBITDA is -5.15 as of Jul. 15, 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 undervalued.
The current stock price of CHF2.45 is trading 0.2% below its estimated GF Value™ of CHF2.46.
Key valuation signals for XSWX:BLDP:
EV-to-EBITDA: -5.15
GF Value™: CHF2.46 vs. price of CHF2.45 (0.2% below fair value)
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 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.
75GF Score
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