ITM Power (CHIX:ITML) Intrinsic Value: Projected FCF: £-0.78 (As of Sep. 08, 2026)

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CHIX:ITML ITM Power PLC CHIX:ITML
59 GF Score
Price £1.05
GF Value £1.87
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is ITM Power Intrinsic Value: Projected FCF?

ITM Power CHIX:ITML +1.95% 59 Intrinsic Value: Projected FCF is £-0.78 as of Sep. 08, 2026. GuruFocus rates CHIX:ITML with a GF Score™ of 59/100 and a GF Value™ of £1.87 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,042 Industrial Products companies, ITM Power ranks worse than 48971.55% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-08), ITM Power's Intrinsic Value: Projected FCF is £-0.78. The stock price of ITM Power is £1.048. Therefore, ITM Power's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for ITM Power's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of ITM Power was 19.49. The lowest was 19.49. And the median was 19.49.

CHIX:ITMl's Price-to-Projected-FCF is not ranked *
in the Industrial Products industry.
Industry Median: 1.74
* Ranked among companies with meaningful Price-to-Projected-FCF only.

ITM Power  (CHIX:ITMl) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

ITM Power's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=1.048/-0.77643554748889
=

* 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.


ITM Power Intrinsic Value: Projected FCF Related Terms


ITM Power Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for ITM Power's Intrinsic Value: Projected FCF 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.

ITM Power Intrinsic Value: Projected FCF Chart

ITM Power Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.15 -0.51 -1.69 -7.26

ITM Power Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Intrinsic Value: Projected FCF 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 0.00 -1.69 0.00 -7.26 0.00

CHIX:ITML vs GEV, ETN, PH: Intrinsic Value: Projected FCF Comparison

For the Specialty Industrial Machinery subindustry, ITM Power's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


ITM Power Price-to-Projected-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITM Power's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where ITM Power's Price-to-Projected-FCF falls into.


CHIX:ITML
59GF Score
ITM Power PLC CHIX:ITML
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITM Power Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get ITM Power's Free Cash Flow(6 year avg) = £-44.32.

ITM Power's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Apr25)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*-44.317571428571+224.255*0.8)/617.273
=-0.78

* 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 Intrinsic Value: Projected FCF of £-0.78 mean?
ITM Power (CHIX:ITML) has a Intrinsic Value: Projected FCF of £-0.78 as of Sep. 08, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on ITM Power and its competitors. According to the industry distribution chart, ITM Power ranks #999999 out of 2042 companies in the Industrial Products industry.
Is ITM Power's Intrinsic Value: Projected FCF too high?
ITM Power's current Intrinsic Value: Projected FCF is £-0.78. Based on the distribution chart, ITM Power ranks #999999 out of 2042 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, ITM Power has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Intrinsic Value: Projected FCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #999999 out of 2042 companies for Intrinsic Value: Projected FCF. This places ITM Power in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Industrial Products company?
The median Intrinsic Value: Projected FCF among Industrial Products companies is 1.74, based on 2,042 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on ITM Power and its competitors. For the Industrial Products industry, the median Intrinsic Value: Projected FCF is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power's current Intrinsic Value: Projected FCF is £-0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (CHIX:ITML) is currently considered Possible Value Trap. The stock's GF Value™ is £1.87, compared to a current price of £1.05 — trading 44% below its estimated fair value. The current Intrinsic Value: Projected FCF is £-0.78. ITM Power's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For ITM Power (CHIX:ITML), the current Intrinsic Value: Projected FCF is £-0.78 as of Sep. 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 ITM Power (CHIX:ITML) Overvalued in 2026?

Based on GuruFocus' analysis, ITM Power stock appears to be undervalued. The current stock price of £1.05 is trading 44% below its estimated GF Value™ of £1.87. GuruFocus considers ITM Power to be Possible Value Trap.

Key valuation signals for CHIX:ITML:

  • Intrinsic Value: Projected FCF: £-0.78
  • GF Value™: £1.87 vs. price of £1.05 (44% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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


ITM Power Business Description

Other Exchanges ITMPF:USAITM:UKIJ8:Germany
Address 2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
59GF Score

Get the complete analysis for CHIX:ITML

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.05
Price
£1.87
GF Value