EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ballard Power Systems's Enterprise Value is CHF481.04 Mil.
Ballard Power Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-38.27 Mil. Therefore, Ballard Power Systems's EV-to-FCF for today is -12.57.
The historical rank and industry rank for Ballard Power Systems's EV-to-FCF or its related term are showing as below:
XSWX:BLDP'
s EV-to-FCF Range Over the Past 10 Years
Min: -367.03 Med: -13.25 Max: 1.85
Current: -12.86
During the past 13 years, the highest EV-to-FCF of Ballard Power Systems was 1.85. The lowest was -367.03. And the median was -13.25.
XSWX:BLDP's EV-to-FCF is ranked worse than 100% of 1735
companies
in the Industrial Products industry
Industry Median: 26.71
vs XSWX:BLDP: -12.86
EV-to-FCF 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 (XSWX:BLDP) EV-to-FCF Explanation
EV-to-FCF 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:
Ballard Power Systems's share price for today is CHF2.96.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems's EV-to-FCF falls into.
Ballard Power Systems's current Enterprise Value is CHF481.04 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 (XSWX:BLDP) has a EV-to-FCF of -12.57 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ballard Power Systems and its competitors. According to the industry distribution chart, Ballard Power Systems ranks #999999 out of 1735 companies in the Industrial Products industry.
Is Ballard Power Systems' EV-to-FCF too high?
Ballard Power Systems' current EV-to-FCF is -12.57. Based on the distribution chart, Ballard Power Systems ranks #999999 out of 1735 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ballard Power Systems has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' EV-to-FCF compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #999999 out of 1735 companies for EV-to-FCF. This places Ballard Power Systems in the lower half of its industry. The industry median EV-to-FCF is 26.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 26.71, based on 1,735 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ballard Power Systems and its competitors. For the Industrial Products industry, the median EV-to-FCF is 26.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballard Power Systems's current EV-to-FCF is -12.57. 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-FCF of -12.57. The stock's GF Value™ is CHF2.37, compared to a current price of CHF2.96 — trading 24.9% above its estimated fair value. The current EV-to-FCF is -12.57. Ballard Power Systems' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current EV-to-FCF is -12.57 as of Jun. 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 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 CHF2.96 is trading 24.9% above its estimated GF Value™ of CHF2.37.
Key valuation signals for XSWX:BLDP:
EV-to-FCF: -12.57
GF Value™: CHF2.37 vs. price of CHF2.96 (24.9% 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.
70GF Score
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