Ballard Power Systems (XSWX:BLDP) EV-to-OCF: -10.00 (As of Aug. 08, 2026)

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XSWX:BLDP Ballard Power Systems Inc XSWX:BLDP
71 GF Score
Price CHF2.07
GF Value CHF2.28
! 4 Warning Signs
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What is Ballard Power Systems EV-to-OCF?

Ballard Power Systems XSWX:BLDP -2.88% 71 EV-to-OCF is -10.00 as of Aug. 08, 2026. GuruFocus rates XSWX:BLDP with a GF Score™ of 71/100 and a GF Value™ of CHF2.28. The stock has 4 warning signs investors should review. Among 3,076 Industrial Products companies, Ballard Power Systems ranks better than 80.85% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ballard Power Systems's Enterprise Value is CHF243.57 Mil. Ballard Power Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was CHF-24.35 Mil. Therefore, Ballard Power Systems's EV-to-OCF for today is -10.00.

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

XSWX:BLDP' s EV-to-OCF Range Over the Past 10 Years
Min: -1981.35   Med: -13.78   Max: 858.68
Current: -9.87

During the past 13 years, the highest EV-to-OCF of Ballard Power Systems was 858.68. The lowest was -1981.35. And the median was -13.78.

XSWX:BLDP's EV-to-OCF is ranked better than
80.85% of 3076 companies
in the Industrial Products industry
Industry Median: 11.625 vs XSWX:BLDP: -9.87

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-08), Ballard Power Systems's stock price is CHF2.072. Ballard Power Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was CHF-0.207. Therefore, Ballard Power Systems's PE Ratio (TTM) for today is At Loss.


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

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.072/-0.207
=At Loss

Ballard Power Systems's share price for today is CHF2.072.
Ballard Power Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-0.207.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Ballard Power Systems EV-to-OCF Related Terms


Ballard Power Systems EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Ballard Power Systems's EV-to-OCF 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-OCF Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.13 -3.96 -3.43 0.74 -4.52

Ballard Power Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 0.50 -3.36 -4.52 -5.96 -23.16

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

For the Electrical Equipment & Parts subindustry, Ballard Power Systems's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Industrial Products Industry

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

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


XSWX:BLDP
71GF Score
Ballard Power Systems Inc XSWX:BLDP
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=243.570/-24.346
=-10.00

Ballard Power Systems's current Enterprise Value is CHF243.57 Mil.
Ballard Power Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-24.35 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-OCF →
What does a EV-to-OCF of -10.00 mean?
Ballard Power Systems (XSWX:BLDP) has a EV-to-OCF of -10.00 as of Aug. 08, 2026. According to the industry distribution chart, Ballard Power Systems ranks #589 out of 3076 companies in the Industrial Products industry, placing it in the top 19.1%.
Is Ballard Power Systems' EV-to-OCF too high?
Ballard Power Systems' current EV-to-OCF is -10.00. Based on the distribution chart, Ballard Power Systems ranks #589 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ballard Power Systems has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' EV-to-OCF compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #589 out of 3076 companies for EV-to-OCF. This places Ballard Power Systems in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 11.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Industrial Products company?
The median EV-to-OCF among Industrial Products companies is 11.63, based on 3,076 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median EV-to-OCF is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballard Power Systems's current EV-to-OCF is -10.00. 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-OCF of -10.00. The stock's GF Value™ is CHF2.28, compared to a current price of CHF2.07 — trading 9.1% below its estimated fair value. The current EV-to-OCF is -10.00. Ballard Power Systems' overall GF Score™ is 71/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current EV-to-OCF is -10.00 as of Aug. 08, 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 CHF2.07 is trading 9.1% below its estimated GF Value™ of CHF2.28.

Key valuation signals for XSWX:BLDP:

  • EV-to-OCF: -10.00
  • GF Value™: CHF2.28 vs. price of CHF2.07 (9.1% below fair value)
  • GF Score™: 71/100 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.
71GF Score

Get the complete analysis for XSWX:BLDP

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

CHF2.07
Price
CHF2.28
GF Value