Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ballard Power Systems's Enterprise Value is CHF616.91 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 ratio for today is -9.71.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ballard Power Systems's Enterprise Value is CHF616.91 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 ratio for today is -10.24.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Ballard Power Systems (XSWX:BLDP) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Ballard Power Systems's current Enterprise Value is CHF616.91 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.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ballard Power Systems's EV-to-EBITDA for today is:
Ballard Power Systems's current Enterprise Value is CHF616.91 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.
Ballard Power Systems's current Enterprise Value is CHF616.91 Mil.
Ballard Power Systems's Revenue 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 CHF82.48 Mil.
Ballard Power Systems's current Enterprise Value is CHF616.91 Mil.
Ballard Power Systems's Cash Flow from Operations 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-31.78 Mil.
Ballard Power Systems's current Enterprise Value is CHF616.91 Mil.
Ballard Power Systems's Free Cash Flow 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-38.27 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 Enterprise Value Related Terms
Ballard Power Systems Enterprise Value Historical Data
* Premium members only.
The historical data trend for Ballard Power Systems's Enterprise Value 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 Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems's Enterprise Value falls into.
Ballard Power Systems Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Ballard Power Systems's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of CHF616.91 Mil mean?
Ballard Power Systems (XSWX:BLDP) has a Enterprise Value of CHF616.91 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' Enterprise Value too high?
Ballard Power Systems' current Enterprise Value is CHF616.91 Mil. Overall, Ballard Power Systems has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Enterprise Value compare to VRT and BE?
Ballard Power Systems' Enterprise Value of CHF616.91 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Industrial Products company?
A good Enterprise Value depends on the Industrial Products industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Enterprise Value is CHF616.91 Mil. 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 Enterprise Value of CHF616.91 Mil. The stock's GF Value™ is CHF2.32, compared to a current price of CHF3.36 — trading 44.8% above its estimated fair value. The current Enterprise Value is CHF616.91 Mil. Ballard Power Systems' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current Enterprise Value is CHF616.91 Mil as of Jun. 24, 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 CHF3.36 is trading 44.8% above its estimated GF Value™ of CHF2.32.
Key valuation signals for XSWX:BLDP:
Enterprise Value: CHF616.91 Mil
GF Value™: CHF2.32 vs. price of CHF3.36 (44.8% above 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.
69GF Score
Get the complete analysis for XSWX:BLDP
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:BLDP has been successfully added to your 
